Axis Bank
Flipkart
The Flipkart Axis Bank Credit Card is a popular co-branded credit card in India designed specifically for online shopping. Issued by Axis Bank, this entry-level card offers simplified statement-credited cashback rather than complex reward points or wallet balances.
We may earn a commission if you apply via this link. Terms apply — verify current offer with the bank.
Data last updated 6 June 2026.
At a Glance
Annual Fee
₹500
Joining Fee
₹500
Fee Waiver
Spend ₹3,50,000 annually
Lounge Access
See details
Forex Markup
3.5%
Effective Yield
1% – 7.5%
Our Take
CreditGully Rating
Based on CreditGully editors' analysis. Not influenced by card issuers.
The Flipkart Axis Bank Credit Card is a popular co-branded credit card in India designed specifically for online shopping. Issued by Axis Bank, this entry-level card offers simplified statement-credited cashback rather than complex reward points or wallet balances. It comes with a joining and annual fee of Rs. 500 plus taxes, which can be waived upon reaching a high spending milestone of Rs. 3.5 Lakh in the previous year.
This card excels in its accelerated cashback categories, offering 7.5% cashback on Myntra (capped at Rs. 4,000/quarter) and 5% cashback on Flipkart and Cleartrip (capped at Rs. 4,000/quarter each). Beyond shopping and travel, users can enjoy unlimited 4% cashback on preferred lifestyle partner brands like Swiggy, Uber, PVR, and cult.fit, alongside a 1% base cashback rate on other general spends. Other features include a 1% fuel surcharge waiver, dining discounts of up to 15% through Axis Bank Dining Delights, and welcome benefits like a Rs. 250 Flipkart voucher and Swiggy discounts.
This card is ideal for frequent shoppers who heavily favor Flipkart and Myntra for their daily or big-ticket purchases, and who utilize Cleartrip for travel bookings. It also suits consumers who regularly spend on lifestyle services like Uber, Swiggy, and PVR, and prefer straightforward cashback credited directly to their credit card statement. However, it is less suited for those seeking utility bill rewards, offline shopping benefits, or complimentary airport lounge access.
What We Like
We like that this card appeals directly to Flipkart and Myntra loyalists while extending cashbacks to diverse everyday partner brands like Uber, PVR, Swiggy, and cult.fit. It simplifies savings by directly crediting cashbacks into the statement balance rather than using points or digital wallets. This broad range of brand integrations ensures cardholders get rewarding value across shopping, lifestyle, travel, and food delivery.
Pros
- ✓Accelerated 5% cashback rate for all Flipkart shoppers.
- ✓Generous 7.5% cashback rate on purchases made at Myntra.
- ✓Unlimited cashback benefits on preferred partner merchants.
- ✓Compelling cashback rates across all accelerated spend categories.
Cons
- ✗Low cashback rate offered on non-accelerated transactions.
- ✗An extensive list of spend categories are excluded from the rewards program.
- ✗Not ideal for users who want offline shopping benefits or non-brand rewards.
- ✗The annual fee waiver spending milestone of Rs. 3.5 Lakh is high for an entry-level card.
- ✗No complimentary airport lounge access benefits are provided.
Get This Card If
- ✓You prefer Flipkart for your day-to-day spends as well as big-ticket purchases
- ✓You travel often and prefer to make bookings through Cleartrip
- ✓You want a low annual fee credit card with high cashback benefits on online shopping
- ✓You are a new Swiggy customer looking to maximize welcome benefits
Earning & Redemption
How You Earn
| Category | Reward rate | Yield % | Cap |
|---|---|---|---|
| Myntra Spends (Accelerated) | 7.5% Cashback | 7.50% | ₹4,000 per statement quarter |
| Flipkart & Cleartrip | 5% Cashback | 5.00% | ₹4,000 per statement quarter (Each) |
| Preferred Merchants (4% Cashback) | 4% Cashback | 4.00% | No Upper Cap |
| Other Retail & Online Spends | 1% Cashback | 1.50% | No Upper Cap |
| Excluded Categories | No Cashback | 0.0% | — |
Milestone Rewards
| Spend | Benefit | Value | Summary |
|---|---|---|---|
| ₹3.5 Lakh | Fee Waiver | ₹500 + GST Savings | Annual fee waived if previous year's spends exceed ₹3.5 Lakhs (Excludes Rent/Wallet). |
Redemption Value
| Channel | Value per point | Verdict |
|---|---|---|
| Statement Credit (Direct) | ₹1.00 per ₹1 Cashback1:1 Ratio | Best Value (Auto-credited within 3 days of your next statement generation) |
What You Need to Know
Lounge Removal
Effective June 2025, all complimentary domestic lounge access was discontinued.
Impact: This card now offers ZERO travel perks; ignore legacy marketing stating otherwise.
The 'Quarterly Cap' Trap
The 5% and 7.5% rates are now capped at ₹4,000 per quarter.
Impact: For big-ticket items like iPhones or appliances, your effective yield may drop below 2%.
Myntra Devaluation Check
While the rate is 7.5%, many items on Myntra now carry a 'Platform Fee' that eats into this.
Impact: Net savings might be closer to 6% after factoring in platform fees.
No Bill-Pay Rewards
Utilities, Insurance, and Education are strictly excluded from earning cashback.
Impact: Avoid using this card for monthly home bills; use Axis ACE or Airtel instead.
Essential Fine Print
Reward Exclusions
No Cashback Categories: Fuel, wallet loads, gift card purchases on Flipkart/Myntra, EMI transactions, gold purchases, rental payments, government services, insurance, utilities, and educational services.
Welcome Offer
Flipkart Joining Voucher
Flipkart voucher worth ₹250 on making the first transaction using your Flipkart Axis Bank Credit Card within 30 days of card issuance.
New Swiggy User Discount
Get 50% off upto ₹100 on Swiggy food orders for first time Swiggy users. Use code "AXISFKNEW"
Travel Benefits
Cleartrip Discounts
5% cashback on flight and hotel bookings through Cleartrip.
Wednesday Delight
Instant savings up to 15% on flights and hotels via Goibibo and MakeMyTri
Dining Benefits
Wednesday Delight
10% off on orders via Swiggy
Fees & Charges
| Fee Type | Amount / Details |
|---|---|
| Joining Fee | ₹500 |
| Annual / Renewal Fee | ₹500 |
| Fee Waiver Threshold | Spend ₹3,50,000 annually |
| Forex Markup | 3.5% |
| Fuel Surcharge Waiver | 1% surcharge |
Eligibility Criteria
Age
Age between 18-70 years
Income
Must have a steady, verifiable income.
Credit Score
A minimum CIBIL score of 736 is required.
Ready to apply for Flipkart?
Annual fee: ₹500 · Waived on ₹3,50,000 spend
Frequently Asked Questions
Annual fee
₹500
1% – 7.5% yield