If you shop a lot on Flipkart and take rides on Uber or order food via Swiggy, then the Flipkart Axis Bank Credit Card might catch your eye. This card promises extra cashback on Flipkart, Myntra, and other partner merchants. In this Flipkart Axis Bank credit card review, you will discover:
- Exactly how much cashback and rewards does this card give
- The costs and charges associated with it
- Who this card is a good fit for (and who it isn’t)
- How to apply and what to watch out for
Let’s dive in.
Flipkart Axis Bank Credit Card Review: Quick Overview
| Item | Details |
|---|---|
| Card issuer | Axis Bank |
| Annual fee | ₹500 + GST (typical) |
| Welcome bonus | Flipkart voucher worth ~₹250 on first transaction |
| Best for | Online shoppers (especially Flipkart/Myntra users) |
Key comparison snapshot
- High rewards on Flipkart, Myntra, and select partner merchants
- Lower base rate on other spends (just ~1%)
- The fee can be waived only if you meet high spending thresholds
- Some benefits (like lounge access) were removed recently
Flipkart Axis Bank Credit Card Review: Key Benefits
Cashback/Rewards
- 7.5% cashback on spends on Myntra, capped at ₹4,000 per statement quarter.
- 5% cashback on Flipkart and on Cleartrip, also capped at ₹4,000 per quarter each.
- 4% cashback (unlimited) on “preferred merchants” like Uber, Swiggy, PVR, cult.fit.
- 1% cashback on “other eligible” spends (i.e., non-accelerated categories).
- Importantly, the cashback is credited as a statement credit (so it reduces your outstanding) rather than being locked in a gift voucher balance.
Travel benefits
- There is no complimentary airport lounge access anymore for this card.
- Fuel surcharge waiver: 1% waiver on fuel purchases between ₹400 and ₹4,000, maximum waiver of ₹400 per statement cycle. (But note: normally, fuel spends do not earn the accelerated cashback. )
Shopping / Partner offers
- Because the Flipkart ecosystem includes Flipkart marketplace, Myntra, etc, this card gives strong value for those shopping heavily online in those channels.
- The partner-merchant benefit extends to rides (Uber), food delivery (Swiggy), and movies (PVR), which broadens the appeal beyond just shopping.
- Welcome benefits: e.g., Flipkart voucher ~₹250, and in some offers, discount codes for Swiggy for new users.
EMI / Big spend perks
- There is a facility to convert large purchases (above a threshold) into EMIs via phone banking.
- But the unlocking of full perks depends on meeting the cashback caps and the nature of spend, so the “big spend perk” is really the high cashback on huge Flipkart/Myntra spends.
Flipkart Axis Bank Credit Card Review: Fees and Charges
- Annual fee: ₹500 + GST (first year often the same or waived depending on offer)
- Waiver condition: Usually, you need to spend about ₹3.5 lakh in a membership year for the annual fee to be waived.
- Interest rate (APR): As in credit cards, a finance charge on the unpaid balance. For this card, one source lists ~3.75% per month (~45% per annum) on outstanding.
- Late payment charges: Varies by outstanding amount. E.g., less than ₹500: Nil; ₹501-5,000: ~₹500; etc.
- Foreign currency (forex) markup: Around 3.5% + GST (~4.1%) when used abroad or for foreign currency transactions.
- Note exclusions: Many categories are excluded from cashback (wallet loads, gift cards on Flipkart/Myntra, jewellery, govt services, etc.).
Flipkart Axis Bank Credit Card Pros and Cons
Pros
- Strong cashback rates in selected categories (Flipkart, Myntra) — good if you shop online a lot.
- Cashback structure is simple and statement-credit-based (transparent).
- Partner merchant coverage (Uber, Swiggy, etc) adds value beyond just shopping.
- A fuel surcharge waiver adds a small extra perk.
Cons
- Base cashback rate for “other” spends is low (1%) — so for offline or non-partner spends, value drops.
- High quarterly caps in accelerated categories mean you hit the ceiling, and further spends reverts to 1%.
- An annual fee exists (₹500 + GST), and a waiver requires large spend (₹3.5 lakh), which may be steep for moderate spenders.
- Benefit of lounge access removed — so if someone values travel/lounges, this card is weaker.
- Many categories are excluded from earning cashback, which can be surprising.
- If Flipkart/Myntra usage is low, the card may not justify itself.
Who Should Apply for the Flipkart Axis Bank Credit Card?
Best for
- Frequent online shoppers who use Flipkart and Myntra a lot.
- People who also spend via partner merchants like Uber, Swiggy, PVR etc.
- Those comfortable using a credit card mostly for online purchases and who can manage spending to meet caps and waive fees.
Not ideal for
- People who primarily shop offline or in physical stores and don’t use Flipkart/Myntra much.
- Casual spenders who won’t hit the accelerated categories or large spend thresholds.
- Those looking primarily for travel perks like lounge access, air miles, or travel insurance.
- People prefer a completely no-fee lifetime card regardless of spending.
How to Apply for Flipkart Axis Bank Credit Card
Eligibility criteria:
- Salaried individuals with income above a certain threshold (Axis Bank may specify). For the self-employed, a higher income may be required.
- Must have the required documents: PAN card, Aadhaar, recent salary slips or income proof, address proof, etc.
- Good credit history helps (as with any credit card).
Documents required:
- Identity proof (PAN, Aadhaar)
- Address proof (e.g., utility bill, Aadhar)
- Income proof (salary slips for last 3 months or IT returns for self-employed)
- Bank statement may be requested
Link to apply:
You can apply via Axis Bank’s website under their credit cards section, or via many comparison sites. (Note: affiliate link may apply if you promote).
Flipkart Axis Bank Credit Card Review: FAQs
Flipkart Axis Bank Credit Card Review: Verdict
If you shop heavily online, especially on Flipkart and Myntra, the Flipkart Axis Bank Credit Card offers very good value. If you maximise the 5 % and 7.5 % cashback categories and also use the partner merchant benefits (4 %), you can save quite a bit. If you assume you spend say ₹80,000 per quarter on Flipkart (to hit the cap), that’s substantial annual savings.
However, if your spending is more evenly spread across offline stores, physical shopping, small spends, or you value travel perks like lounge access, then this card may not be the best pick. The annual fee and high waiver threshold, plus the sub-par rewards for non-partner spends, reduce its appeal.
