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Axis Bank
Flipkart Axis Bank Credit Card
4.2Best for online shopping
- Joining fee
- ₹500
- Annual fee
- ₹500
- Welcome bonus
- ₹350
- Forex markup
- 3.5%
- Interest p.a.
- 55.55%
- Min income
- ₹15,000/mo
How this card earns
Reward rates by category, with caps and an estimated yearly value.
| Spend category | Reward rate | Monthly cap | Est. value/yr |
|---|---|---|---|
Online shopping 5% unlimited cashback on Flipkart and Cleartrip, capped at Rs.4,000 per merchant per statement quarter. Myntra earns 7.5% (separate Rs.4,000/quarter cap). Cap is quarterly, shown here as the quarterly cap value. | 5% | ₹4,000 | ₹2,400 |
Dining 4% cashback on preferred partners (Swiggy, Uber, PVR, Cult.fit), uncapped. | 4% | — | ₹4,800 |
Everything else 1% cashback on all other spends (reduced from 1.5% in the 2024 devaluation), uncapped. | 1% | — | ₹1,200 |
| All other spends | 1% | — | ₹1,200 |
Estimated yearly value assumes ₹10,000/month spend in each category, capped where the card caps rewards.
Fees & charges
Joining fee₹500
Annual fee₹500
Annual fee waiverAnnual fee waived on annual spends of Rs.3,50,000 (excluding rent and wallet loads)
Foreign currency markup3.5%
Finance charge (p.a.)55.55%
Fuel surcharge waiver1%, up to ₹400/mo
Key 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)
What we like
- +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)
What to watch
- −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
Compare with similar cards
- Top reward
- 3%
- Annual fee
- ₹50,000
- Welcome bonus
- ₹3,000 value
- Top reward
- 5%
- Annual fee
- ₹499
- Welcome bonus
- ₹499 value
- Top reward
- 4%
- Annual fee
- ₹5,000
- Welcome bonus
- ₹2,000 value