Flipkart is one of India’s most popular marketplaces, along with Amazon. Many people visit Flipkart regularly for various shopping needs like groceries, fashion, electronics, travel bookings, etc. What if you could enjoy up to 7.5% cashback on these purchases? The Flipkart Axis Bank Credit Card provides you with that and a lot more. In this article, we will understand the features and benefits of this card and whether you should get it.

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Overview Table

Feature	Details
Card type	Rewards Credit Card (Cashback Focus)
Reward range	1% to 7.5% cashback
Joining fee	₹500 + Taxes
Welcome bonus	₹250 Flipkart voucher on first transaction, and 50% discount (up to ₹100) on 1st Swiggy order
Renewal fee	₹500 + Taxes
Renewal benefit	Renewal fee waived on spending ₹3,50,000 in the preceding card year
Best for	Regular Flipkart, Myntra, and Cleartrip purchases
USP	Up to 7.5% cashback on co-branded merchants, low annual fee, and unlimited cashback on preferred merchants.

Fees & Benefits

The card’s joining fee is ₹500 + Taxes.

Welcome Benefits

As part of the welcome benefits, the cardholder gets:

• A ₹250 Flipkart voucher on doing the first transaction with the card within 30 days of issuance. The voucher code will be sent through SMS to the registered mobile number within 30 days of the first transaction.
• A 50% discount (up to ₹100) on the 1st Swiggy order using the code ‘AXISFKNEW’. The offer is for new Swiggy customers, and the minimum order value must be ₹129.

Annual Fee Waiver

The card’s annual renewal fee is ₹500 + Taxes.

• The annual renewal fee is waived on spending ₹3,50,000 or more in the previous year.
• Note: Rent payment and wallet load transactions will **NOT** be eligible for spends counted towards availing the annual fee waiver.

Rewards Structure

The Flipkart Axis Bank Credit Card provides cashback in the 1% to 7.5% range on various merchants. All cashback is credited directly to your credit card statement.

Merchant	Cashback Rate	Maximum Cashback Capping
Myntra	7.5%	₹4,000 per statement quarter
Flipkart	5.0%	₹4,000 per statement quarter
Cleartrip	5.0%	₹4,000 per statement quarter
Cult.fit, PVR, Uber, Swiggy	4.0%	Unlimited
All other merchants and categories, subject to exclusions	1.0%	Unlimited

Cashback Eligibility Notes

• Any transaction of less than ₹100 will not earn cashback.
• On the Swiggy App, only food delivery transactions will earn accelerated (4%) cashback. Instamart, Genie, etc., transactions are not eligible for accelerated cashback.
• The Flipkart cashback excludes Flipkart Health purchases.
• Purchase of gift cards on Myntra and Flipkart will not earn cashback.

Cashback Credit Cycle

Cashback earned in the current billing cycle will be credited in the next billing cycle, **3 days prior** to the statement generation date. The cashback will be directly credited to the credit card statement.

Excluded Categories (No Cashback Earned)

The following categories/transactions will not earn any cashback:

• Utility bill payments
• Fuel
• Jewellery, Clock, watch, and silverware stores
• Insurance premium payments
• Financial institutions
• Rent payments
• Wallet load transactions
• Education services
• Government services
• EMI transactions (including transactions converted into EMIs after the purchase)

Fees on Select Transactions

Apart from the excluded categories, the cardholder must note the following transaction fees:

• Rent payments: A fee of 1% of the transaction amount will be applicable (no maximum cap).
• Wallet loads: A fee of 1% of the transaction amount will be applicable for cumulative spends of ₹10,000 or more per statement cycle.
• Utility bill payments: A fee of 1% of the transaction amount will be applicable for cumulative spends of ₹25,000 or more per statement cycle.
• Education-related payments: A fee of 1% of the transaction amount will be applicable for payments made through third-party apps. Payments made directly on the school/college website/App/POS machine will not incur this fee.

Additional Features

Fuel Surcharge Waiver

• A 1% surcharge is waived on fuel purchases at all fuel stations across India.
• The waiver applies to transactions between ₹400 and ₹4,000.
• The maximum waiver that can be earned in a statement cycle is **₹400**.

Dining Delights

The cardholder can get a 15% discount on dining using the Flipkart Axis Bank Credit Card.

• Book a dining table at a partner restaurant using the EazyDiner App.
• Pay the bill through PayEazy using the Flipkart Axis Bank Credit Card to avail the 15% discount up to ₹500.

How to Apply

You can apply for the Flipkart Axis Bank Credit Card through the Axis Bank website/App or directly from the Flipkart App. The process is typically quick and paperless if your KYC documents are in order.

Optimal Use & Caps

The card is best optimized by focusing your spending on the capped, high-cashback categories (Flipkart, Myntra, Cleartrip) to hit the quarterly cashback limits.

The quarterly cashback limit for Flipkart, Myntra, and Cleartrip is a **separate cap of ₹4,000** for each merchant.

• Flipkart (5% Cashback) & Cleartrip (5% Cashback): Maximize the ₹4,000 quarterly cap by spending exactly **₹80,000** on each platform in a statement quarter ($80,000 \times 0.05 = ₹4,000$).
• Myntra (7.5% Cashback): Maximize the ₹4,000 quarterly cap by spending exactly **₹53,333** in a statement quarter ($53,333 \times 0.075 \approx ₹4,000$).

Total potential annual cashback from capped categories alone: $(₹4,000 \times 3) \times 4 \text{ quarters} = \text{₹48,000}$ (This assumes you max out Flipkart, Myntra, and Cleartrip every quarter).

Tips to Maximise Rewards

Target High-Value Categories: Focus your online shopping, especially for fashion and travel, on Myntra (7.5%), Flipkart (5%), and Cleartrip (5%) to maximize the capped cashback.

Quarterly Splitting: Plan large purchases on Flipkart or Cleartrip to fall across different statement quarters to ensure you hit the full ₹4,000 quarterly cashback limit without exceeding it.

Leverage Unlimited Cashback: Use the card for preferred merchants (Uber, Swiggy, PVR, Cult.fit) as the 4% cashback is unlimited.

Track Cashback: Monitor the cashback posting dates (3 days before the next statement) to ensure accuracy and to manage your credit limit effectively.

Dining Benefit: Always book dining via EazyDiner and pay with the card to get the 15% discount benefit.

Eligibility & Documents

Eligibility Criteria:

Age	18 to 70 years
Employment Type	Salaried or self-employed Indian resident
Credit Score	Preferably 700+ for smooth approval
Minimum Income	Salaried: Varies, typically starts around ₹15,000 – ₹20,000 per month.

Documents Required (Standard KYC):

• Proof of Identity: PAN Card, Aadhaar Card, or Passport
• Proof of Address: Aadhaar Card, Utility Bill, or Rent Agreement
• Proof of Income: Latest salary slips, Form 16, or latest ITR for self-employed applicants

Expert Verdict / Conclusion

The Flipkart Axis Bank Credit Card is a must-have for individuals who transact frequently with the Flipkart group companies. The recent increase to **7.5% cashback on Myntra** makes it a highly rewarding card for fashion shoppers. While the introduction of a quarterly cap (₹4,000 per quarter) on Flipkart and Cleartrip spending means the cashback is no longer “unlimited,” the cap is high enough that it will not affect most average users, only those with extremely high quarterly expenditure (above ₹80,000) on these platforms.

The low annual fee of ₹500, which is easily waived with an annual spend of ₹3.5 Lakh, combined with the excellent accelerated cashback on Flipkart, Myntra, Cleartrip, and popular services like Swiggy and Uber, positions this card as one of the best entry-level co-branded cashback cards in India.

Verdict: Highly Recommended for frequent Flipkart and Myntra shoppers.

Frequently Asked Questions (FAQs)

Q1. Is there a renewal fee waiver?

Yes, the ₹500 renewal fee is waived if you spend ₹3.5 lakh or more in the previous card year. Rent payments and wallet loads are excluded from this spending calculation.

Q2. How is cashback credited?

Cashback earned in one billing cycle is credited in the next cycle, 3 days before the statement generation date, directly as a statement credit.

Q3. Does the card offer complimentary lounge access?

No, the complimentary domestic airport lounge access benefit has been discontinued from June 20, 2025.

Q4. Is there a charge for paying utility bills?

While utility bill payments do not earn any cashback, a fee of 1% is applicable if your cumulative utility spends exceed ₹25,000 in a statement cycle.

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