Flipkart Axis Bank Credit Card
Axis Bank is among the top players in the credit card competition, offers a wide variety of credit cards. Co-branded credit cards are one of them, and Axis Bank has a bunch of co-branded cards like Airtel, Flipkart, etc.
Flipkart Axis Bank Credit Card is one of the co-branded credit card offerings by Axis Bank and Flipkart, designed for shoppers who love to shop on the Flipkart e-commerce site because of its rewards, cashback, and exclusive perks. Do you prefer to love shopping online or at offline stores, this card can be the best option to choose.
Flipkart Axis Bank Credit Card Overview
Category
Cashback
Benefits
Cashback, Domestic Airport Lounge Access, Fuel Surcharge Waiver
APR
52.86% annual percentage rate
Return
1% to 5%
Welcome Benefit Worth ₹600
Start your journey with an impressive welcome benefit of Rs.600, including exciting offers and partner discounts. Please refer to the welcome benefit section in the welcome kit.
Joining Fee
Rs 500+GST
Annual Fee
Rs 500+GST
Annual Fee Waiver
For a total spent of Rs 3.5 lakh in the proceeding year, excluding rent and wallet load transactions.
Eligibility
18-70 Years
Minimum & Maximum age of the applicant
25000
Minimum monthly income
700
Minimum Credit Score
Also Read: AU Bank Credit Card- Apply for Lifetime Free
Cashback
With this card in your wallet, every cashback is credited directly to the credit card statement making every purchase a very rewarding experience. It’s the perfect pick for those who shop smart and love getting more out of every transaction.
| SPEND CATEGORY | CASHBACK % | CAPPING |
|---|---|---|
| Earn 5% cashback every time you shop on Flipkart and Cleartrip. | 5% | - |
| Enjoy 4% cashback on spends at preferred merchants across categories like food delivery, fashion, and more. | 4% | - |
| Other Spends (excluding categories below) | 1% | - |
The following expenditures are ineligible for cashback on the Airtel Axis Bank credit card:
- Education
- Fuel
- Wallets
- Jewellery
- Government Payments
- Insurance
- Rent
- Utility Bill payments outside Airtel Thanks app
Complimentary Airport Lounge Access
Airport Lounge Access in India: 4 visits/year
Airport Lounge Access outside India: Unavailable
With the Flipkart Axis Bank Credit Card, enjoy four complimentary domestic lounge visits within India per calendar year. If you're an occasional domestic traveler, this card provides convenient lounge access. Please note, that to qualify for complimentary airport lounge access, there's a minimum spending requirement of Rs 50,000 over the last three calendar months.
Optimizing Cashback Benefits on the Flipkart Axis Bank Credit Card
While the Flipkart Axis Bank Credit Card offers an annual fee waiver of Rs 3.5 lakh spent, it might be more beneficial to focus on maximizing cashback in each category instead.
If your monthly spend on Flipkart Axis Bank Credit Card is Rs. 17,000 and considering on the following spends on category base. Your monthly cashback comes to Rs. 630.
| SPEND CATEGORY | MONTHLY SPENDS | CASHBACK |
|---|---|---|
| Spend on Flipkart (5%) | 10,000 | 500 |
| Spend on Preferred Partner (4%) | 2000 | 80 |
| Other Spends ( 1%) | 5,000 | 50 |
This strategy results in a total spend of Rs. 2,04,000 on these categories within a calender year, yielding an overall reward rate of 3.7 %. Even if the annual fee is incurred from the second year onwards, the net reward rate remains at 3.4%, which is still quite advantageous.
Frequently Asked Questions
How to apply for Flipkart Axis Bank Credit Card?
You can apply for the Flipkart Axis Bank Credit Card through the Axis Bank portal. Click to Apply on Axis Bank Portal.
.On the Flipkart Axis Bank Credit Card, are there certain spend categories where cashback won't be received?
Cashback is not provided for expenditures on utilities bill payments as well as on education, fuel, wallet transactions, jewelry purchases, government payments, insurance premiums, and rent payments.
.Is Flipkart Axis Bank Credit Card good?
The Flipkart Axis Bank Credit Card is one of India’s top cashback credit cards for online shopping. Cardholders can earn unlimited 5% cashback on expenses on Flipkart and Cleartrip, making it a great choice for many.
In addition, it offers 4% cashback on popular partner merchants like Cult.fit, PVR, Swiggy, and Uber, adding extra value to your everyday spending.
.Is complimentary airport lounge access included with the Flipkart Axis Bank Credit Card?
Yes, you're entitled to four visits per year, contingent upon meeting a spending requirement. You must have made purchases totaling Rs 50,000 within the last three months to qualify for complimentary airport lounge access.
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Final Thought
Axis Bank boasts several commendable entry-level cashback credit cards, such as the Flipkart Axis, Airtel Axis and Ace. The Flipkart Axis Bank Credit Card proudly joins this esteemed lineup. Tailored for those who spends maximum on Flipkart and who prioritize cashback over reward points and miles, this card offers enticing benefits.
For those who spend a maximum of their monthly budget on online planforms, the Flipkart Axis Bank Credit Card is a strong contender. It offers great cashbacks, especially if you frequently shop on Flipkart and Cleartrip, thanks to the 5% cashback.
However, it may not be the top pick for everyone. The reason? It's 5% cashback benefits is mostly limited to the Flipkart and Cleartrip expenses.
In contrast, the SBI Cashback Credit Card gives 5% cashback on all online transactions, irrespective of the platform—making it a more appealing preference for ones who like flexibility in their spends.
So, while the Flipkart Axis Card shines very well for Flipkart users, but the SBI Cashback Credit Card might be a better fit for those seeking broader online cashback..
Disclaimer: The views and opinions expressed are solely those of the author and do not necessarily reflect the official policy or position of Finostry. The information provided in this review is for informational purposes only and should not be considered as professional advice.