It’s been about six years for the reason that Axis Financial institution Flipkart Credit score Card was launched. Whereas it was fairly rewarding on the time of launch, it has undergone a number of rounds of devaluation over the previous couple of years.
Right here’s every little thing you ned to know concerning the Flipkart Credit score Card in it’s present kind.
Overview
| Sort | Co-brand Credit score Card |
| Reward Charge | Upto 7.5% Cashback |
| Eligibility | 750+ CIBIL Rating helps |
| Greatest for | Myntra / Cleartrip / Flipkart Spends |
Axis Flipkart Credit score Card is an entry degree / co-brand / cashback bank card that provides auto-credit of eligible cashback to the assertion similar to every other cashback bank cards.
Charges
| Becoming a member of Price | |
| Welcome Profit | 250 INR Flipkart Voucher (on paid playing cards) |
| Renewal / Annual Price | 500 INR+GST |
| Renewal Profit | – |
| Renewal Price waiver | Spend 3.5 Lakhs (excludes: hire & pockets spends) |
The Axis Flipkart Credit score Card is commonly obtainable as First Yr Free and, at occasions, whilst Lifetime Free.
Because the card is at the moment being issued as First Yr Free, it’s a good suggestion to seize one whereas the supply lasts.
*** Restricted Interval Provide: First Yr Free ***
Rewards
| SPEND TYPE | REWARD RATE | Max. Cap | Equal Spend |
|---|---|---|---|
| Myntra | 7.5% | 4,000 INR (per quarter) |
53,000 INR (per quarter) |
| Flipkart | 5% | 4,000 INR (per quarter) |
80,000 INR (per quarter) |
| Cleartrip | 5% | 4,000 INR (per quarter) |
80,000 INR (per quarter) |
| Most popular Manufacturers | 4% | Limitless | – |
| Different Spends | 1% | Limitless | – |
- Excluded class: Utility, Telecom, Gas, Clock, Jewellery, Watch and Silverware Shops, Insurance coverage, Monetary Establishments, Hire, Pockets, Training & Authorities Providers.
- Most popular Retailers: Cult, PVR, Swiggy, Uber
The newly added Myntra class with 7.5% cashback is a good addition, and it’s price noting that the capping is separate for every class.
Whereas the shift to quarterly capping as an alternative of month-to-month is a constructive change, the general cap continues to be on the decrease facet.
Lounge Entry
Efficient mid 2024, the Flipkart Axis Financial institution Credit score Card not affords complimentary airport lounge entry.
When you’re in search of a Lifetime Free Credit score Card with limitless home lounge entry profit, Federal Scapia Credit score Card is the most effective one on the market for the time being.
Different Advantages
- Gas surcharge waiver: 1% Gas Surcharge Waiver throughout all petrol pumps in India. Upto 400 INR per assertion. (Txn measurement: Rs. 400 – Rs. 4,000)
- Swiggy supply: 50% on the spot low cost on Swiggy with Code: AXISFKNEW, upto 100 INR for brand spanking new customers solely.
- Foreign exchange markup: 3.5%+GST
Do you have to get it?
In case your Flipkart and most popular companion spends keep throughout the quarterly capping, this card stays a good choice, particularly with 7.5% cashback on Myntra and 5% on Cleartrip.
Since it’s at the moment being provided as First Yr Free for a restricted interval, there’s no hurt in grabbing one whereas the supply lasts.
*** First Yr Free Provide ends by twenty fifth Aug ***
Backside line
The Axis Financial institution Flipkart Credit score Card was a strong product at launch, with lounge entry as a key USP. Nevertheless, that profit was eliminated, and lots of options have been trimmed, aside from the Myntra spend class.
Contemplating the a number of rounds of devaluation, it would make extra sense for Flipkart to place this card as a Lifetime Free providing and introduce a separate premium variant with higher advantages and capping, ideally bundled with Flipkart Black membership.
When you’re in search of options, take into account exploring bank cards like: SBI Cashback, HDFC Swiggy, SBI Phonepe Choose Black, or HDFC TataNeu Infinity Credit score Card in case you’ve UPI spends.
Are you continue to holding Axis Financial institution’s Flipkart Credit score Card in 2025? Be happy to share your expertise within the feedback under.