Flipkart Axis Bank Credit Card Review: Everything You Need to Know Before You Apply
If you’re a regular online shopper or someone who loves to save on every purchase, the Flipkart Axis Bank Credit Card might be the perfect fit for you. With attractive cashback options, rewards, and exclusive benefits, this card promises a lot. But is it really worth it? In this detailed review, I’ll break down everything you need to know about the Flipkart Axis Bank Credit Card.
I’ve used this card myself, and in this review, you’ll get a firsthand account of its advantages, drawbacks, and whether or not it lives up to the hype. By the end, you’ll have a clear picture of whether this credit card is the right fit for you.
Key Benefits of the Flipkart Axis Bank Credit Card
Here’s a quick overview of why so many people are excited about this card:
- 5% cashback on Flipkart and Myntra purchases
- 4% cashback on preferred merchants like Swiggy, Uber, PVR, and more
- 1% cashback on all other spends
- Airport lounge access (4 complimentary visits annually within India)
- 1% fuel surcharge waiver on fuel transactions
- Dining discounts of up to 15% at select restaurants
What Makes This Credit Card Unique?
One of the main attractions of the Flipkart Axis Bank Credit Card is its generous cashback offers. Not many cards in the market provide a consistent 5% cashback on popular e-commerce platforms like Flipkart and Myntra. Plus, the 4% cashback at other preferred merchants ensures you save on day-to-day purchases.
Who Should Get the Flipkart Axis Bank Credit Card?
This card is perfect for:
- Frequent online shoppers: If you frequently shop on Flipkart or Myntra, the cashback benefits are unparalleled.
- Travelers: The 4 complimentary airport lounge visits are a nice touch for frequent travelers.
- Diners: The 15% discount at partner restaurants makes dining out more affordable.
- People looking for an easy cashback card: No complicated points system; cashback is directly credited to your account.
Application Process: How to Apply for the Flipkart Axis Bank Credit Card
Applying for the Flipkart Axis Bank Credit Card is straightforward and can be done online in a few simple steps:
- Visit the Axis Bank website or the Flipkart app.
- Fill out the application form with personal and financial details.
- Submit the required documents like PAN card, address proof, and income proof.
- Wait for approval (usually takes a few days).
Fees and Charges of the Flipkart Axis Bank Credit Card
Let’s break down the fees associated with this credit card:
| Fee Description | Amount |
|---|---|
| Joining Fee | ₹500 |
| Annual Fee (2nd year onwards) | ₹500 |
| Annual Fee Waiver | Spend ₹3,50,000 or more in a year to waive the fee |
| Cash Withdrawal Fee | 2.5% (min ₹500) |
| Finance Charges (on purchases) | 3.6% per month (52.86% per annum) |
| Over-limit Fee | 2.5% of the over-limit amount (min ₹500) |
| Foreign Currency Transaction Fee | 3.5% of the transaction value |
Cashback Details: How Does It Work?
The Flipkart Axis Bank Credit Card offers cashback on almost every transaction:
- 5% cashback on Flipkart, Myntra, and Cleartrip spends
- 4% cashback at preferred merchants such as Swiggy, Uber, PVR, and more
- 1% cashback on all other purchases
Important: The cashback is credited directly to your credit card statement, making it easy to redeem.
Real-Life Experience: How I Use the Flipkart Axis Bank Credit Card
I’ve been using the Flipkart Axis Bank Credit Card for the past six months, and here’s what I’ve noticed:
- Shopping on Flipkart: The 5% cashback is genuine and reflects in the next month’s statement. If you shop for electronics, groceries, or fashion, this adds up quickly.
- Dining Discounts: I’ve enjoyed 15% off at several restaurants. It’s not available everywhere, but the EasyDiner app helps in locating partner restaurants.
- Fuel Surcharge Waiver: A small but nice benefit is the 1% waiver on fuel purchases.
- Lounge Access: I’ve used the complimentary airport lounge access twice. It’s a great perk, especially for someone who flies frequently.
Drawbacks of the Flipkart Axis Bank Credit Card
While the card has many benefits, there are a few downsides you should be aware of:
- Limited cashback categories: Cashback is limited to certain merchants like Flipkart, Myntra, and preferred partners. If you shop elsewhere, the cashback rate drops to 1%.
- Annual fee: The annual fee of ₹500 can feel high if you don’t use the card enough to justify the cost. However, the fee is waived if you spend ₹3,50,000 in a year.
- Foreign currency transaction fees: If you travel internationally, the 3.5% fee on foreign transactions might add up.
Why You Should Choose This Card
If you’re already a loyal Flipkart customer or use services like Swiggy, Uber, and Myntra regularly, the Flipkart Axis Bank Credit Card offers unbeatable value. With its simple cashback structure and additional perks like lounge access and dining discounts, it’s an all-around great card for everyday use.
Pro Tip: To maximize your cashback, use the card for all Flipkart purchases and at preferred merchants like Swiggy and Uber.
Key Takeaways
- Simple cashback system: Earn cashback directly credited to your account without complicated reward points.
- Great for Flipkart customers: 5% cashback on every Flipkart purchase makes it ideal for online shoppers.
- Added perks: Lounge access, dining discounts, and fuel surcharge waivers make it a well-rounded card.
- Annual fee: ₹500 annual fee, waived with high annual spending.
FAQ
1. How do I apply for the Flipkart Axis Bank Credit Card?
You can apply online through the Axis Bank website or via the Flipkart app by filling out the necessary details and submitting required documents.
2. What is the joining fee for this card?
The joining fee is ₹500, and the annual fee is ₹500, which is waived if your annual spending exceeds ₹3,50,000.
3. How does the cashback work?
Cashback is credited directly to your statement and applies to Flipkart, Myntra, preferred merchants (4%), and all other purchases (1%).
4. Is there an EMI option available?
Yes, the Flipkart Axis Bank Credit Card allows you to convert large purchases into EMIs.
5. Can I use the card internationally?
Yes, but note that a foreign currency transaction fee of 3.5% applies to all international transactions.
Final Thoughts
The Flipkart Axis Bank Credit Card is an excellent choice for those who shop frequently on Flipkart and Myntra. With a straightforward cashback system and added perks like lounge access and dining discounts, it offers substantial value for its low annual fee. Just keep in mind the cashback limitations and fees if you don’t hit the spending threshold to waive the annual fee.
Whether you’re looking to save on everyday purchases or enjoy travel benefits, this card ticks all the right boxes.
So, if you are considering a new credit card and fit the profile of a regular online shopper or someone who enjoys traveling perks, applying for the Flipkart Axis Bank Credit Card could be a smart financial move.
