Flipkart Axis Bank Super Elite Credit Card – Benefits, Fees & Eligibility

Introduction

The Flipkart Axis Bank Super Elite Credit Card, issued by Axis Bank, is a co-branded credit card primarily aimed at loyal Flipkart customers and online shoppers. Positioned as an affordable option with a nominal annual fee of Rs. 500, it offers significant savings through its SuperCoins reward program, allowing cardholders to earn up to 16 SuperCoins per Rs. 100 spent on Flipkart. The card also provides a range of welcome benefits, including bonus SuperCoins and complimentary memberships to various online platforms, alongside a spend-based annual fee waiver.

Welcome Benefits

• Earn 500 bonus SuperCoins on card activation.
• Receive a 1-year complimentary Lenskart Gold membership.
• Get a 2-month complimentary YouTube Premium trial membership.
• Enjoy a 3-month complimentary Gaana Plus trial membership.
• Avail an additional discount of up to Rs. 500 on Myntra orders worth Rs. 2,999 or more. This offer is valid on a maximum of three transactions.
• Receive a 15% discount (up to Rs. 1,500) on domestic flight bookings made via Flipkart Flights.
• Get a flat 30% off on the first medicine order from Flipkart Health.

Fees

• Joining Fee: Rs. 500 + GST
• Annual Fee: Rs. 500 + GST (from the second year onwards)
• Spend-Based Waiver: The annual fee is waived on spending Rs. 2 lakhs or more in the previous anniversary year. 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
• Foreign Currency Markup: 3.5% of the total transaction amount/value.
• Interest Rates (Finance Charges): 3.75% per month (55.55% per annum) on retail purchases and cash advances.
• Fuel Surcharge Waiver: 1% fuel surcharge waiver on all fuel transactions between Rs. 400 and Rs. 5,000.
• Cash Advance Charges (Cash Withdrawal Fees): 2.5% of the withdrawn amount, subject to a minimum of Rs. 500.
• Add-on Card Joining Fee: Nil
• Add-on Card Annual Fee: Nil
• Card Replacement Fee (w.e.f 10/10/20): Rs. 100
• Cash Payment Fee: Rs. 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 Fee:
  • Nil if Total Payment Due is less than Rs. 500.
  • Rs. 500 if total payment due is between Rs. 501 - Rs. 5,000.
  • Rs. 750 if total payment due is between Rs. 5,001 - Rs. 10,000.
  • Rs. 1200 if total payment due is greater than Rs. 10,000.
  • An additional Rs. 100 is applicable for missing payment of Minimum Amount Due (MAD) by the due date for two consecutive cycles, continuing until the MAD is cleared.
• Over Limit Penalty: 2.5% of the over-the-limit amount, with a minimum of Rs. 500.
• Cheque Return or Dishonor Fee or Auto-Debit Reversal: 2% of the payment amount, subject to a minimum of Rs. 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.
• Dynamic Currency Conversion Markup (Applicable from 5th March 2023): 1.5% 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 on education payments made via third-party apps.
• Utility Transaction Fee (Applicable from 20th Dec, 2024): 1% fee on cumulative spends of Rs. 25,000 or more on utilities per statement cycle.
• Wallet Load Transaction Fee (Applicable from 20th Dec, 2024): 1% fee on cumulative spends of Rs. 10,000 or more on wallet loads per statement cycle.
• Fuel Transaction Fee (Applicable from 20th Dec, 2024): 1% fee on cumulative spends of Rs. 50,000 or more on fuel transactions per statement cycle.
• Online Skill Based Gaming Transaction Fee (Applicable from 20th Dec, 2024): 1% fee on cumulative spends of Rs. 10,000 or more on online skill-based gaming platforms per statement cycle.
• All above fees and charges are subject to taxes as per Government norms.

Rewards

• Reward Type: SuperCoins
• Reward Rate:
  • Flipkart Plus members: Earn 12 SuperCoins per Rs. 100 spent on Flipkart (capped at 300 coins per transaction), in addition to 4 SuperCoins currently issued by Flipkart (capped at 100 per transaction). This totals 16 SuperCoins for every Rs. 100 spent on Flipkart (up to Rs. 2500 spend for maximum coins).
  • Non-Plus members: Earn 6 SuperCoins per Rs. 100 spent on Flipkart (capped at 150 coins per transaction), in addition to 2 SuperCoins currently issued by Flipkart (capped at 100 per transaction). This totals 8 SuperCoins for every Rs. 100 spent on Flipkart (up to Rs. 2500 spend for maximum coins).
  • All cardholders: Earn 2 SuperCoins per Rs. 100 spent on all other eligible retail purchases (uncapped).
• SuperCoins will not be issued for spends on: EMI transactions, purchase of gift cards on Flipkart, fuel spends, rental payments, cash advances, and jewellery items.
• Additional Discounts and Deals:
  • Get a 15% discount (up to Rs. 1,500) on domestic flight bookings via Flipkart Flights.
  • Receive up to Rs. 500 off on Myntra orders worth Rs. 2,999 or more, applicable on your first three Myntra orders using this card.
  • Avail a flat 30% off on the first medicine order from Flipkart Health.

Rewards Redemption Guide

• The SuperCoins earned using this card can be redeemed against various products, gift vouchers, and other options available on the Flipkart website/app.
• 1 SuperCoin is equivalent to Re. 1.
• SuperCoins are part of the Flipkart Plus program and can be used to redeem exciting rewards.

Card Eligibility Criteria

• The applicant’s age should be a minimum of 18 years and should not be above 70 years.
• The applicant should have a stable source of income.
• The applicant should either be a resident of India or a non-resident Indian (NRI).
• The applicant should have a decent credit score.
• These criteria are indicative, and Axis Bank reserves the ultimate right to approve or decline applications.

Documents Required

• Copy of PAN Card or Form 60.
• Passport-sized colored photograph.
• Identity Proof (any one of the following): Aadhar Card, Passport, Voter’s Card, Driving license, PAN card.
• Address Proof (any one of the following): Latest electricity bills, Aadhar Card, Passport, Ration Card, Landline telephone bill.
• Proof of Income (any one of the following): Latest salary slips, latest audited ITR, Form 16.
• The list of required documents is indicative and may vary on a case-to-case basis.

Card Review

The Flipkart Axis Bank Super Elite Credit Card is an excellent choice for individuals who frequently shop on Flipkart. With an affordable annual fee of Rs. 500, it offers a fantastic reward rate, allowing cardholders to save significantly in the form of SuperCoins, which can be redeemed for various products and vouchers on Flipkart. While the card may not offer extensive privileges across diverse categories, its strong focus on online shopping makes it highly beneficial for Flipkart loyalists.

• Pros:
  • Offers a variety of welcome benefits, including 500 SuperCoins and complimentary trial memberships to YouTube Premium, Gaana Plus, and Lenskart Gold.
  • Provides excellent rewards on Flipkart spends, making it highly beneficial for avid Flipkart shoppers.
  • Comes with an affordable annual fee that can be waived based on spending.
• Cons:
  • Does not offer any insurance benefits.
  • Does not provide domestic or international lounge access.
  • Lacks extensive privileges across different categories beyond online shopping.

Important Product Details

• Earn 500 bonus SuperCoins on card activation.
• Get 15% off (up to Rs. 1,500) on domestic flight tickets booked via Flipkart Flights.
• Receive Rs. 500 off on select Myntra items on a minimum purchase of Rs. 2,999 (valid for the first three orders).
• Includes a complimentary Gaana trial membership for three months.
• Flipkart Plus members earn an additional 12 SuperCoins per Rs. 100 spent on Flipkart.
• Avail 30% off on the first medicine order from Flipkart Health.
• The annual membership fee can be waived on spending Rs. 2 lakhs or more in the previous year.
• Enjoy a 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 5,000.
• Comes with a 2-month complimentary YouTube Premium trial membership.
• Includes a 1-year complimentary membership to Lenskart Gold.
• SuperCoins are credited to the SuperCoins balance in the Flipkart app for every transaction.
• The card is a co-branded shopping credit card.

Other Details

• The Flipkart Axis Bank Super Elite Credit Card is noted as "Discontinued" in one of the provided sources.
• Applicants can apply for the card both online and offline. For offline applications, visit the nearest Axis Bank branch with necessary documents. For online applications, use the "Apply Now" option.
• For any assistance related to the application, customers can contact Axis Bank Credit Card customer care.
• The credit card decision is typically communicated within 21 working days.
• Axis Bank provides various credit card services, including Credit Limit Increase, Instant Loan on Credit Card, Credit Card against Fixed Deposit, Grab Deals, Convert Purchases Into EMIs, Credit Card Control Center, and Add-On Credit Card.
• Disclaimers are present regarding redirection to third-party sites (Flipkart Plus, Flipkart SuperCoin) for terms and conditions. Axis Bank does not control or endorse such websites and is not responsible for their contents; usage is subject to the terms and conditions stipulated on those websites.