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 | ₹500+GST ~₹590 |
| Welcome Benefit | ₹250 Flipkart Gift Voucher on 1st transaction |
| Annual Fee | ₹500+GST ~₹590 |
| Annual Fee Waiver | Spend ₹3.5 Lakh in a membership year excluding rent and wallet load transactions |
Flipkart Axis Bank Credit Card Cashback
| Category | Cashback |
|---|---|
| Flipkart | 5% capped at ₹4000 per statement quarter |
| Myntra | 7.5% capped at ₹4000 per statement quarter |
| Cleatrip | 5% capped at ₹4000 per statement quarter |
| 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% |
This card offers good cashback if you often shop on Flipkart or Myntra, with 5% and 7.5% returns respectively. But the ₹4000 quarterly cap means the benefits are limited if you spend more. To max out the cap, you’d need to spend ₹80,000 on Flipkart, ₹53,334 on Myntra, and ₹80,000 on Cleartrip per quarter. You also get 4% back on Swiggy, Uber, PVR, and Cult.fit, which is useful for everyday urban spending. Most other spends get 1% back, which is decent.
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.
Kiwi RuPay Card
Lifetime FreeExcluded 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
BoB Eterna
Lifetime FreeFuel Surcharge Waiver
The Flipkart Axis Bank credit card provides a 1% surcharge waiver for fuel purchases. The transaction amount needs to be between ₹400 and ₹4000 and the maximum surcharge waiver is ₹400 per statement.
Airport Lounge Access
- Domestic Airport Lounge Access: Not Available
- International Airport Lounge Access: Not Available
Pros and Cons
Pros
- 5% cashback for Flipkart and Myntra purchases
- 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
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.
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
The Flipkart Axis Bank Credit Card is a strong choice for frequent Flipkart and Myntra shoppers. With 5% to 7.5% cashback on select partners and 4% on popular services like Swiggy and Uber, the card delivers solid value – especially if you stay within the quarterly caps. While the ₹500 annual fee is reasonable and can be waived with ₹3.5 lakh annual spend, the card does exclude a wide range of transactions from earning cashback.
Compared to the Amazon Pay ICICI Card, the Flipkart Axis Card stands out by offering direct cashback instead of locked-in rewards. However, it falls short by not being lifetime free and not rewarding government or utility spends.
If you mostly shop on Flipkart and value automatic cashback, this card is a great fit. But if you want broader coverage and a no-fee option, the Amazon Pay ICICI Card still holds its ground.
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
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.