The Flipkart Axis Bank Credit Card emerges as a prominent cashback credit card option within India. This card provides the opportunity to relish advantages of receiving up to 5% cashback on transactions conducted on Flipkart, Myntra, and Affiliated Partner platforms.
What’s more, for all other expenses made using the card, you can avail yourself of an additional flat cashback of 1.5%. This enticing cashback structure adds significant value to your overall spending, making the Flipkart Axis Bank Credit Card a lucrative choice for savvy shoppers.
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Fee- Interest Penalty Charges
| Interest Charges | 3.60% per month (52.86% per annum) |
| Cash Withdrawal Fee- | 2.50% (Min 500) of the cash amount |
| Overdue Penalty – | NIL if Total payment due less than 500 500 if total payment due is between 501-5000 750 if total payment due is between 5001-10000 1200 if total payment due is greater than 10000 |
| Over Limit Charges | 2.5% of the over limit amount (Min 500) |
| Foreign currency transaction fee | 3.5% of the transaction value |
| Rent Transaction fee | 1% capped at INR 1,500 per transaction on rental transactions |
Who can Apply
Salaried Person: With monthly income of Rs. 15,000 & more
Self-employed: Business, Independent earner, Professional with monthly Income Rs. 30,000 or more.
Key Benefits:
- 5% cashback for spends on Flipkart*, Myntra platforms
- *Spends on Flipkart Smartstore (‘Bills and Recharges’ section) will accrue 1.5% cashback
- 4% cashback for spends on preferred merchants (Swiggy, Uber, PVR, Curefit, Cleartrip, Tata Sky, Tata 1MG)
- 1.5% cashback for spends on all other merchants
- Four complimentary domestic lounge access visits (limited to one per calendar quarter)
- 1% Fuel surcharge waiver up to Rs. 500 per month
The following services are not eligible for cashback
- Fuel Spends
- Purchase of gift cards on Flipkart, Myntra platforms
- EMI transactions
- Purchases converted to EMI post facto
- Wallet loading transactions
- Purchase of gold items
- Cash advances
- Payment of outstanding balances
- Payment of card fees and other card charges
Activation Benefit:
Customers who have paid the Joining Fee of Rs. 500 (+ applicable taxes) will be eligible for a Flipkart Gift voucher worth Rs. 500 upon completing their first transaction at any merchant using the Card.
There is no minimum spending requirement for this offer.
To qualify for the offer, customers must make a transaction within 30 days of receiving the Card.
Welcome Benefit:
Get a cashback of 15% up to Rs. 500 on Myntra’s website, mobile app, and m-site.
Customers who are new to Swiggy can enjoy a 50% discount, up to Rs. 100, on their first transaction by using the code AXISFKNEW.
To receive Rs. 1000 worth of Flipkart Gift Cards, eligible customers must fulfill the following criteria.
How does the customer get Rs 1000 worth of Flipkart Gift Cards?
Firstly, upon completing their first transaction using the Flipkart Axis Bank Credit Card on the Flipkart platform within 30 days from the date of card approval by Axis Bank, a Flipkart gift card worth Rs. 500 will be credited to their Flipkart account.
Secondly, an additional Activation benefit is provided. Upon activating the Card within 30 days from card approval (i.e., the customer’s first transaction using the Flipkart Axis Bank Credit Card on any merchant), Axis Bank will send eligible customers an SMS containing a Flipkart gift card worth Rs. 500 upon transaction settlement.
Disadvantage of Flipkart Axis Bank Credit Card
One disadvantage of the Flipkart Axis Bank Credit Card is that it is limited to the Flipkart platform and may not offer as many benefits or rewards for transactions made outside(Amazon) of Flipkart.
This means that if you frequently shop at other online retailers or make purchases offline, you may not maximize the benefits or rewards offered by the card.
Additionally, the card may have certain eligibility criteria or annual fees that could be a drawback for some potential users.
Bottom Line:
The Flipkart Axis Bank Credit Card provides an excellent opportunity for online shoppers to enhance their buying experience and earn rewards in the process. With its tailored benefits, accelerated reward points, exclusive Flipkart vouchers, and travel privileges, the card caters to the needs of discerning customers.
