Flipkart Axis Bank credit card is the Flipkart equivalent of the Amazon Pay ICICI card. If you are a frequent shopper on Flipkart, then this card is a must-have option. It comes with a joining and annual fee of Rs 500 and offers 5% cashback on Flipkart spends. Other spends get 1% cashback. Among the benefits are complimentary domestic airport lounge access and a fuel surcharge waiver.
Fees
| Joining Fee | Rs 500+GST |
| Welcome Benefit | Rs 500 Flipkart Gift Voucher on 1st transaction |
| Annual Fee | Rs 500+GST |
| Annual Fee Waiver | Spend Rs 3.5 Lakh in a membership year excluding rent and wallet load transactions |
Flipkart Axis Bank Credit Card Cashback
| Category | Cashback |
|---|---|
| Flipkart | 5% |
| Myntra | 1% |
| Bill Payments, Travel, and Add Money | 1% for transacting through Smart Store – Bills and Recharges |
| Flights and Hotel Payments on Flipkart | 1% |
| Spends at Swiggy, Uber, PVR, Cult.fit | 4% |
| Other Spends | 1% |
The earned cashback in a statement period is automatically credited in the next statement period. There is no max cap on cashback that can be earned on spends. This is in line with what the Amazon Pay ICICI Bank credit card offers as well. But, unlike the Amazon Pay card we get direct cashback over here. Cashback is always better than reward points that get added as a gift card. The 1% cashback on other spends make this card suitable for offline spends too.
Excluded Transactions for Cashback
Below transactions will not get any cashback on the Flipkart Axis Bank credit card. This is quite an exhaustive list!
- Fuel Spends
- Gift Card purchases on Flipkart, Myntra
- EMI transactions or purchases converted to EMI
- Wallet loading transactions
- Jewelry Purchases
- Rent Payments
- Government Services
- Utilities
Fuel Surcharge Waiver
The Flipkart Axis Bank credit card provides a 1% surcharge waiver for fuel purchases. The transaction amount needs to be between Rs 400 and Rs 4000 and the maximum surcharge waiver is Rs 400 per statement.
Complimentary Airport Lounge Access
- Domestic Airport Lounge Access: 4 visits/year. Check this list to view eligible domestic airport lounges for Flipkart Axis Bank credit card.
- International Airport Lounge Access: Not Available
Flipkart Axis Bank credit card has a minimum spends requirement to get complimentary airport lounge access. We now need spends of Rs 50,000 over a rolling period of last 3 calendar months to get complimentary airport lounge access. For example, if you need to access the airport lounge on 10th of March, then you should have spent Rs 50,000 in the period from 1st of December to 28th of February.
Pros and Cons
Pros
- 5% cashback for Flipkart purchases with no cap
- Minimum 1% cashback for transactions
Cons
- Cashback on other spends has reduced from 1.5 to 1%
- No cashback for wallet, fuel and a lot of other categories
- Lounge access now needs significant spends
- Limited lounge access valid only for metro cities
Other Benefits and Charges
- Fuel Surcharge Waiver: 1% fuel surcharge waiver for transactions between Rs 400 to Rs 4000. Maximum waiver is capped at Rs 400/statement.
- Foreign Currency Markup: 3.5%+GST ~4.1%
- Interest Rates: 3.6% per month
Flipkart Axis Bank vs Amazon Pay ICICI Bank credit card
The Flipkart Axis Bank credit card is a notch above the Amazon Pay ICICI Bank credit card:
- Cashback vs Rewards: The Flipkart Axis Bank credit card is a cash back card. This is always preferable as that is adjusted against the statement outstanding. For Amazon Pay card, it gets added to the Amazon Pay balance which needs to be used for the next purchases.
- Airport Lounge Access: Flipkart Axis card is the only one to offer complimentary lounge access but provided you meet the spends criteria.
But, the Amazon Pay ICICI Bank credit card is better in two aspects. It is a LTF card and also offers rewards on most spends including government services. Also, see – Flipkart Axis Bank vs Amazon Pay ICICI credit card
Flipkart Axis Bank Credit Card vs Other Cashback Credit Cards
If you have multiple cashback credit cards and want to know which is the best one for your spends, refer to our handy chart below. It has cashback percentage comparisons across multiple cashback credit cards to find the best one for your spends.
Final Thoughts
Flipkart Axis Bank credit card has lost two of its plus points in the last few devaluations – 5% cashback on Myntra is now gone and the cashback is reduced from 1.5% to 1%. Despite these devaluations, the Flipkart Axis Bank credit card is still a good option for someone who prefers direct cashback especially if you have this as LTF. If you use Flipkart for shopping, the 5% unlimited cashback can provide great savings. Add in the 1% cashback and this can be an everyday credit card that can be used for all transactions. Axis Bank allows multiple credit cards for one account, so you can hold other Axis credit cards as well.
If you are looking for other cashback credit cards, check out HSBC Cashback, Swiggy HDFC and SBI Cashback credit cards. SBI Cashback and Swiggy HDFC cards can get you 5% cashback on Flipkart and many more online shopping websites.
Frequently Asked Questions
Flipkart Axis Bank Credit Card
20 thoughts on “Flipkart Axis Bank Credit Card Review”
Can add-on card holders share the lounge access or are they ineligible
Yes, they can
Devalued updates kar do har card k review mai
Yep. Done for this one. The other ones will follow soon.
fee waiver is at 3.5 lacs and does this card still deserve 3.8 rating. when there is millenia, sbi cashback, swiggy hdfc, tata neu infinity
Why cant they make the card lifetime free like ICICI?
They do have LTF offers on this card from time to time.
update: tata play is not a preferred merchant
This is now updated. Thanks!
How do i know the partner restaurants that are eligible for cashbacks with this card ? If i buy something of 16k worth and convert it into EMI , merchant gives me no cost emi, will AXIS still charges me 15% interest ?
FK card now offers 1.5% cashback for EMI also
I still see the exclusion on the website at https://www.axisbank.com/docs/default-source/default-document-library/cashback-tncs—final.pdf
Did you recently receive cashback for an EMI transaction?
Hey Manas, LTF offer is over now. You can update this article.
Hey. Yes, I tweeted yesterday but did not get time to update the article. Removed reference to LTF offer from relevant articles. Thanks!
Minimum transaction amount for fuel surcharge waiver is 400₹. Please modify the article. I learnt it the hard way.
Also, GSTs are not reversed. This is a subtle T&C. You can add this too if you want.
Are you taking about gst on fuel transaction?
Thanks! I have fixed it now. The Axis Flipkart card product page mentions the same as well.
Is there any clause on insurance purchase in terms of cashback from this card ?
No cashback exclusion clause for insurance transactions in the case of Flipkart Axis Bank credit card. Do check this link for the cashback T&C for the card and keep it for reference in case of any issue. Also, try to pay directly using the card instead of using any wallet gateway like Paytm/Mobikwik. Payments through wallet gateways mostly don’t get cashback as they are tagged as wallet transactions.