By Rajat Gaur
Updated On October 8, 2021

Just a few months after Amazon joined hands with ICICI bank to launch the Amazon Pay credit card, Flipkart and Axis bank came up with their cobranded card. Although Axis bank already had the Buzz card, another co-branded credit card in partnership with Flipkart in their portfolio, in order to keep up with the market trend and give neck-to-neck competition to Amazon Pay ICICI credit card, they had to come up with this offering.

Both these credit cards are lifetime free as they come with zero annual membership fee. But you also get some extra benefits including 4 complimentary domestic lounge visits per year and a higher reward rate on transactions with other merchants. Read on to know more about the features and benefits of this credit card, and see how it stacks up against Amazon’s offering in collaboration with ICICI.

Best Suited For

Shopping |

Joining Fee

Nil

Reward Type

Cashback |

Product Details

  • Welcome benefit worth Rs. 2,500 on the issuance of the card.
  • Many other welcome benefits from Gaana, Myntra, Plum Goodness and the Phy Life.
  • 5% cashback on Flipkart and Myntra.
  • 4% cashback on preferred partners including Swiggy, Uber, PVR and cure.fit.
  • 1.5% cashback on all other online and offline spends (with a few exceptions).
  • 4 complimentary domestic airport lounge access.
  • 1% fuel surcharge waived at all fuel stations across India for transactions between Rs. 400 and Rs. 4,000 (max waiver of Rs. 500/month).

Rewards and Benefits

Welcome Benefits

Welcome benefit worth Rs. 2,500 on card issuance, benefit of up to Rs. 900 on Gaana app (Gaana Plus membership worth Rs. 1,299 for Rs. 399), discounts and cashback on first transaction on Myntra, The Phy Life and Plum Goodness

Movie & Dining

Up to 20% off at partner restaurants under Axis bank’s Dining Delights program, accelerated cashback (4%) on PVR cinemas.

Rewards Rate

5% cashback on Flipkart and Myntra, 4% cashback on prefered partners (Swiggy, Uber, PVR and cure.fit) and 1.5% cashback on all other spends.

Reward Redemption

N/A

Travel

4 complimentary domestic lounge visits annually, accelerated cashback (4%) on Uber rides.

Golf

N/A

Domestic Lounge Access

4 domestic airport lounge access every year

International Lounge Access

N/A

Insurance Benefits

N/A

Zero Liability Protection

Cardmember not liable for any unauthorized transaction if loss of card reported within 3 days.

Fees & Charges

Joining Fee

Nil

Renewal Fee

Nil

Spend based Waiver

Annual fee waiver on expenditure of Rs. 2 lakh in the preceding year.

Rewards Redemption Fee

N/A

Rewards Redemption Fee

N/A

Foreign Currency Markup

3.5% of the transaction amount

Interest Rates

3.4% per month (49.36% annually)

Fuel Surcharge

1% fuel surcharge waived for transactions between Rs. 400 and Rs. 4,000 (max waiver of Rs. 500/month).

Cash Advance Charge

2.5% (Min. Rs. 500) of the withdrawn amount.

Add-on Card Fee

Nil

Flipkart Axis Bank Credit Card Welcome Benefits:

  • Welcome benefit worth Rs. 2,500 on the issuance of the card.
  • 15 months Gaana Plus subscription at a discounted price of Rs. 399.
  • 15% cashback on the first transaction on Myntra. Maximum cashback capped at Rs. 500.
  • 20% off on Plum Goodness and The Phy Life on minimum spend of Rs. 1,500 for existing customers (up to Rs. 500).
  • 20% off on Plum Goodness and The Phy Life on minimum spend of Rs. 1,000 for new customers (up to Rs. 400).

Rewards:

  • 5% cashback on Flipkart and Myntra.
  • 4% cashback on preferred partners including Swiggy, Uber, PVR and cure.fit.
  • 1.5% cashback on all other online and offline spends.
  • No cashback on certain categories of spends including fuel Spends gift card purchases on Flipkart, Myntra, 2Gud.com, purchases converted to EMI, wallet uploads, purchase of gold items, cash advances, payment of the card’s outstanding balances and payment of card fees and other card charges.
  • Spends on Flipkart Smartstore (‘Bills and Recharges’ section) will earn you a cashback on 1.5% only (same as applicable to all other transactions).

Dining Movie Benefits:

  • Dining benefit under the Axis Bank’s dining Delights program that gives you up to 20% discount on dining bills at partner restaurants.
  • Accelerated cashback (4%) on PVR tickets.

Travel Benefits:

  • 4 lounge access every year at select airports within India.
  • You don’t get any international lounge access with this card.
  • Accelerated cashback (4%) on Uber rides.

Fuel Surcharge Waiver:

  • 1% fuel surcharge waived off at all fuel stations across India for transactions between Rs. 400 and Rs. 4,000.
  • Maximum waiver is capped at Rs. 500 per month.
  • You don’t earn any cashback on fuel purchases.

Flipkart Axis Bank Credit Card Eligibility Criteria:

Criteria Salaried Employees Self-Employed Individuals 
Age >18 Years >18 years
Income Minimum Rs. 15,000 per month Minimum Rs. 30,000 per month

How to apply:

Applying for the Axis Bank Flipkart credit card is a simple process. All you have to do is-

  • Click/tap on the “Apply Now” option on the card’s home page.
  • You will receive an SMS on your mobile number registered with Flipkart.
  • Click/tap on the link and continue with the application process.

In order for your application to be processed, you will need to submit a few documents including-

  • An identity proof (Aadhar card, Voter card, PAN card, etc.).
  • An address proof (Aadhar card, Voter card, driving license, utility bills, etc.).
  • A proof of income (salary slips or an audited ITR acknowledgment).

Customer Care:

Axis Bank has a dedicated helpline for their credit card customers. In case you need any assistance, or to report the loss of card, you may dial 18604195555/18605005555. These numbers are operational 24×7. You can also block your card by simply sending an SMS- BLOCK <your 16-digit credit card number> to 5676782.

Conclusion:

The Axis bank Flipkart credit card gives you very good returns if you love to shop online and Flipkart is the e-commerce platform of your choice. Apart from Flipkart, you also get fairly good returns (4%) with preferred merchants including popular names like Swiggy, Uber and PVR. Despite being an entry-level card, it offers 4 complimentary domestic lounge access and dining benefits under the Axis bank’s Dining Delights program.

The only competitor of this card in the market is the Amazon Pay ICICI Bank credit card which comes with a zero membership fee, but also offers fewer additional benefits. Now if you’re a digital shopaholic, you can not go wrong with either of the two. You can even signup for both; or if you have to make a choice between the two, you must evaluate your needs- whether you really need complimentary lounge visits, and how important is the additional cashback benefit that you get with other merchants. Before you make a choice, it is advisable to have comprehensive information about the benefits that each of the two cards offers. You can read about the Amazon Pay ICICI Bank credit card here.

What do you think of this co-branded credit card? Which one would you pick between the two? Do let us know in the comments below.

 

FAQs:

You get the 5% cashback benefit on Flipkart as well as on Myntry (now owned by Flipkart).

There is no limit to the cashback that you can earn in a given month.

No, you get only domestic lounge access (4/year) with this credit card.

Preferred merchants are those merchants that earn you a cashback of 4%. Prefered merchants include Swiggy, Uber, PVR and cure.fit, Uber and PVR.

No cashback benefit is applicable on fuel transactions. However, 1% fuel surcharge is waived for transactions between Rs. 400 and Rs. 4,000, subject to a maximum waiver of Rs. 500 in a given calendar month.

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