Axis Bank
Flipkart Axis Bank Credit Card
4.2 / 5visa
- Joining fee
- ₹500
- Annual fee
- ₹500
- Base reward
- 1%
- Min income
- ₹15,000/mo
- Forex markup
- 3.5%
- Interest p.a.
- 55.55%
Where it earns
| Category | Rate | Monthly cap |
|---|---|---|
| Online shopping | 5% | ₹4,000 |
| Dining | 4% | Uncapped |
| Everything else | 1% | Uncapped |
Benefits
- ▸5% cashback on Flipkart & Cleartrip (Rs.4,000/quarter cap per merchant)
- ▸7.5% cashback on Myntra (Rs.4,000/quarter cap)
- ▸4% cashback on preferred partners (Swiggy, Uber, PVR, Cult.fit)
- ▸1% cashback on all other spends
- ▸1% fuel surcharge waiver (Rs.400-Rs.4,000, max Rs.400/month)
- ▸Dining discounts via Axis Bank Dining Delights
- ▸Complimentary lounge access discontinued (2024 devaluation)
The good
- + 5% cashback on Flipkart and 7.5% on Myntra
- + Low annual fee with spend-based waiver
- + 4% on popular partners (Swiggy, Uber, PVR, Cult.fit)
The catch
- − Complimentary lounge access removed in 2024 devaluation
- − Base cashback cut to 1% (from 1.5%) and quarterly caps added
- − Best value tied to Flipkart ecosystem