Verified by CardIQ admin · last checked 04 Jul 2026
57
#11 of 173 in credit
Axis Bank

Flipkart Axis Bank Credit Card

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5% cashback on Flipkart, Myntra; 4% on preferred partners

Score breakdown

Data completeness: 100% · Last verified: 06 Jul 2026

Reward value52/100 · weight 65%
2.53% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +2.6% score bonus — earns broadly without narrow category restrictions.
Fee efficiency95/100 · weight 11%
Redemption flexibility81/100 · weight 8%
Perks5/100 · weight 8%
Devaluation risk70/100 · weight 8%

Fees

All fees shown base + 18% GST (India card fees legally attract GST).

Joining fee
500 + 18% GST
= ₹590 total
Annual fee
500 + 18% GST
= ₹590 / year total
Waiver: Spend Rs 2L in a year
Forex markup
3.5%

Lounge access

Domestic (per year)
0
International (per year)
0

Confirmed devaluation alerts

No confirmed devaluations tracked for this card. That doesn't mean none exist — see the neutral 70/100 devaluation-risk sub-score above.

Reward structure

CategoryTypeRateCapNotes
travelpoints5.00%(20 pts @ ₹0.25)2% travel (estimated)
online_spendscashback5%5% on Flipkart, Myntra
diningcashback4%4% on Swiggy, Uber, PVR
utilitiespoints1.00%(4 pts @ ₹0.25)1% utilities (estimated)
groceriespoints1.00%(4 pts @ ₹0.25)1.5% groceries (estimated)
all_spendspoints0.50%(2 pts @ ₹0.25)Base earn rate
all_spendscashback1.5%1.5% elsewhere
all_spendspoints0.25%(1 pts @ ₹0.25)
fuelpoints0.00%(0 pts @ ₹0.25)1% fuel (estimated)

No rewards on

These categories earn zero rewards on this card. Reward score is scaled down by up to −5%, proportional to how much of the standard basket sits in the excluded categories (v4.3 formula).

fuelrentwallet loadinsuranceutilitiesgovernmenteducationemijewellery

Point value by redemption mode

1 reward point is worth different amounts depending on how you redeem — the headline reward % only holds at the best tier.

statement credit1 RP = ₹1.00
cashback1 RP = ₹1.00

Welcome offer

₹350 activation benefits (including ₹250 Flipkart voucher on 1st transaction within 30 days and various app discounts)

Pros

  • High cashback rates: 7.5% on Myntra, 5% on Flipkart and Cleartrip, and 4% on preferred partners
  • Cashback is directly adjusted against the card’s statement balance every month
  • Unlimited cashback on preferred partners and other eligible spends
  • Dining benefits under the Axis Bank Dining Delights program
  • Fuel surcharge waiver on transactions

Cons

  • Limited benefits for offline shopping, with only 1% cashback
  • Does not offer insurance benefits
  • High annual spend requirement of Rs. 3,50,000 for fee waiver
  • Welcome benefits have been reduced compared to previous offers

What's inside

Welcome benefits

  • Activation Vouchers

    350

Eligibility

max age
70
min age
18

Small print

Redemption fee
0 / redemption
Fuel surcharge:1% fuel surcharge waiver on transactions between ₹400 and ₹4,000; capped at ₹400 per cycle. No cashback earned.