Flipkart Axis Bank Credit Card – Benefits, Fees & Eligibility

Introduction

The Flipkart Axis Bank Credit Card, issued by Axis Bank, is an entry-level card primarily designed for online shoppers, particularly those who frequently use Flipkart. It offers significant cashback, including 5% on Flipkart and Cleartrip, 7.5% on Myntra, and 4% on a range of preferred partners like Swiggy, Uber, and PVR, making it a strong contender for digital spending. The card also provides dining benefits under Axis Bank’s Dining Delights program.

Welcome Benefits

• ₹350 worth of activation benefits on your Flipkart Axis Bank Credit Card.
• Flipkart gift voucher worth ₹250 upon payment of the joining fees and making the first transaction using your Flipkart Axis Bank Credit Card within 30 days of card issuance. This voucher is not applicable for first-year free offers.
• One-time discount coupon of ₹100 for Swiggy (50% off up to ₹100 on Swiggy food orders for first-time Swiggy users, use code “AXISFKNEW”).
• Only paid cards with Joining Fee and Annual Fee are eligible for the Flipkart Voucher worth INR 250.
• All cards (paid and first-year free) are eligible for the Swiggy welcome benefit.

Fees

• Joining Fee: FIRST YEAR FREE (Limited Time Only) / ₹ NIL (Limited period offer). For paid cards, it is ₹500 + GST.
• Annual Fee: ₹500 + GST (applicable from the 2nd year onwards).
• Spend-Based Waiver: Annual fee waived on annual spends greater than ₹3.5 lakhs. Rent transactions (MCC 6513) and wallet load transactions (MCC 6540) are not eligible for spends counted towards the annual fee waiver.
• Rewards Redemption Fee: Nil / No.
• Foreign Currency Markup: 3.5% of the transaction value.
• Interest Rates (Finance Charges): 3.75% per month (55.55% per annum) for retail purchases and cash.
• Fuel Surcharge Waiver: 1% surcharge waiver on fuel purchases at all fuel stations across India. Valid on transactions between ₹400 and ₹4,000 only, with a maximum waiver capped at ₹400 per statement cycle. GST charged on fuel surcharge is non-refundable.
• Cash Advance Charges (Cash Withdrawal Fees): 2.5% of the cash amount, with a minimum of ₹500.
• Add-on card joining fee: Nil.
• Add-on card annual fee: Nil.
• Card replacement fee (w.e.f 10/10/20): Nil.
• Cash payment fee: ₹175.
• Duplicate Statement fee: Waived.
• Charge slip retrieval fee or copy request fee: Waived.
• Outstation cheque fee: Waived.
• Mobile alerts for transactions: Free.
• Hotlisting charges: Nil.
• Balance enquiry charges: Waived.
• Overdue Penalty or Late Payment Fees:
  • Nil if Total Payment Due is less than ₹500.
  • ₹500 if total payment due is between ₹501 - ₹5,000.
  • ₹750 if total payment due is between ₹5,001 - ₹10,000.
  • ₹1200 if total payment due is greater than ₹10,000.
  • An additional INR 100 is applicable for missing payment of Minimum Amount Due (MAD) by the due date for two consecutive cycles, continuing until MAD is cleared.
• Over limit penalty: 2.5% of the over limit amount, with a minimum of ₹500.
• Cheque return or dishonor fee or auto-debit reversal: 2% of the payment amount, subject to a minimum of ₹500.
• Surcharge on purchase or cancellation of railway tickets: As prescribed by IRCTC/Indian Railways.
• Rent Transaction fee (Applicable from 5th March 2023): 1% fee per transaction will be applicable on rental transactions.
• Dynamic Currency Conversion markup (Applicable from 5th March 2023): 1.5% markup will be applicable on international transactions performed in Indian currency at international locations or transactions performed in Indian currency with merchants located in India but registered in a foreign nation.
• Education Transaction Fee (Applicable from 20th Dec, 2024): 1% fee per transaction will be applicable on education payments made via third-party apps.
• Utility Transaction Fee (Applicable from 20th Dec, 2024): 1% fee will be applicable on cumulative spends of ₹25,000 or more on utilities per statement cycle.
• Wallet Load Transaction Fee (Applicable from 20th Dec, 2024): 1% fee will be applicable on cumulative spends of ₹10,000 or more on wallet loads per statement cycle.
• Fuel Transaction Fee (Applicable from 20th Dec, 2024): 1% fee will be applicable on cumulative spends of ₹50,000 or more on fuel transactions per statement cycle.
• Online Skill Based Gaming Transaction Fee (Applicable from 20th Dec, 2024): 1% fee will be applicable on cumulative spends of ₹10,000 or more on online skill-based gaming platforms per statement cycle.
• Taxes as per Government norms shall be applicable for all fees and charges.

Rewards

• Reward Type: Cashback.
• Cashback Rates:
  • 7.5% cashback on Myntra spends, capped at ₹4,000 per statement quarter.
  • 5% cashback on Flipkart and Cleartrip spends, capped at ₹4,000 per statement quarter per merchant.
  • 4% cashback on preferred partners, including Swiggy, Uber, PVR, FitPass & Stoga by FitPass. This cashback is unlimited on Preferred Merchants.
  • 1% cashback on all other online and offline eligible spends. This cashback is unlimited.
  • Spending money on Flipkart Smart Store (‘Bills and Recharges’ section) earns 1% cashback.
• Cashback Exclusions: Cashback does not apply to fuel spends, rental payments, insurance, utilities, education payments, purchases of gift cards on Flipkart or Myntra, purchases that have been converted to EMI, wallet reload, purchase of gold items, cash advances, payment of the card’s outstanding balance, payment of card fees, or payment made to government services.
• Dining Benefits:
  • 15% off up to ₹500 at partner restaurants with Axis Bank Dining Delights Program, valid at 10,000+ restaurants in India.
  • 4% cashback on food delivery with the Swiggy app (not valid for Instamart or Genie).
• Movie Benefits: Accelerated cashback (4%) on PVR movie tickets.
• Travel Benefits:
  • Accelerated cashback (4%) on Uber rides.
  • 5% cashback on Cleartrip spends.
• EMI Offers: Exciting EMI offers on Flipkart. Any transaction over ₹2,500 can be converted into EMIs by contacting the bank.
• Wednesday Delight: Beat the mid-week blues with exciting offers every Wednesday:
  • Instant savings of up to 15% on flights & hotels via MakeMyTrip.
  • 10% off on orders via Swiggy.
  • 10% off up to ₹1000 on Tira.
• Lounge Access: No complimentary airport lounge access with the Flipkart Axis Bank Credit Card as of 20th June 2025.
• Insurance Benefits: The card does not offer any insurance benefits like air accident cover or cover against loss/delay of luggage.

Rewards Redemption Guide

• Cashback is directly adjusted against the card’s statement balance every month.
• There is no upper limit on the amount of cashback that can be earned in a given month, except for Myntra, Flipkart, and Cleartrip which have quarterly caps.

Card Eligibility Criteria

• Eligibility Rules:
  • Primary cardholder should be between the age of 18 and 70 years.
  • The individual should be a Resident of India.
  • Salaried individuals with a monthly income of ₹15,000 or more.
  • Self-employed individuals who earn more than ₹30,000 monthly.
  • The bank reserves the ultimate right to approve or decline applications.
• Documents Required:
  • PAN card photocopy or Form 60.
  • Proof of income: Latest payslip / Form 16 / IT Return.
  • Residence proof: Driving License / Electricity Bill / Landline Telephone Bill.
  • The above list is indicative, and documents required may vary on a case-to-case basis.

Card Review

• Overall Verdict: The Flipkart Axis Bank Credit Card offers excellent value for individuals who shop online regularly, particularly if Flipkart, Myntra, and Cleartrip are their preferred platforms. It also provides good rewards on popular services like Swiggy, Uber, and PVR. This entry-level card is best suited for users aiming to save on fashion shopping, daily online spends, or travel bookings.
• Pros:
  • Very good reward rate of 5% on all eligible spends on Flipkart and Cleartrip.
  • High reward rate of 7.5% on Myntra.
  • Good reward rate of 4% on partner merchants, including Swiggy, Uber, PVR, FitPass & Stoga by FitPass.
  • Cashback is directly adjusted against the card’s statement balance every month, simplifying redemption.
  • No upper limit on the amount of cashback that can be earned in a given month for most categories, providing significant savings potential.
• Cons:
  • Not the best choice for offline shopping at malls or other small retail stores, as it offers only 1% cashback on such spends.
  • Does not offer any insurance benefits, such as air accident cover or cover against loss/delay of luggage.
  • No complimentary airport lounge access.

Important Product Details

• Welcome gifts worth ₹350.
• 5% cashback on Flipkart and ClearTrip, capped at ₹4,000 per statement quarter per merchant.
• 7.5% cashback on Myntra, capped at ₹4,000 per statement quarter.
• 4% cashback on preferred partners, including Swiggy, Uber, PVR, FitPass & Stoga by FitPass, with unlimited cashback.
• 1% cashback on all other retail spends, with a few exceptions and unlimited cashback.
• 1% fuel surcharge waiver across petrol pumps in India for purchases worth ₹400 and ₹4,000, with a maximum waiver of ₹400 per statement cycle.
• Cashback is directly credited to the credit card statement.
• Ability to convert transactions over ₹2,500 into EMIs by contacting the bank.
• Dining benefits under the Axis Bank Dining Delights program, offering 15% off up to ₹500.
• No complimentary airport lounge access.
• No insurance benefits.
• Potential annual benefits of ₹21,730 on annual spends of ₹3,63,000, translating to an effective cashback rate of 6%.

Other Details

• The Flipkart Axis Bank Credit Card is a multi-cobranding partner arrangement comprising of Flipkart, Myntra, and Cleartrip.
• The terms and conditions of Flipkart Axis Bank Credit Card will be updated w.e.f. 20th June, 2025.
• For EMI transactions made using the Flipkart Axis Bank Credit Card which have later been cancelled at the merchant site, the customer must also cancel the EMI by calling the Phone Banking team on 1800 103 5577 (toll-free) before the first EMI is debited, to avoid an excess reversal of cashback.
• General legal disclaimers and Terms & Conditions apply to all offers and services.