It’s been about six years since the Axis Bank Flipkart Credit Card was launched. While it was quite rewarding at the time of launch, it has undergone several rounds of devaluation over the past couple of years.
Here’s everything you ned to know about the Flipkart Credit Card in it’s current form.
Overview
| Type | Co-brand Credit Card |
| Reward Rate | Upto 7.5% Cashback |
| Eligibility | 750+ CIBIL Score helps |
| Best for | Myntra / Cleartrip / Flipkart Spends |
Axis Flipkart Credit Card is an entry level / co-brand / cashback credit card that offers auto-credit of eligible cashback to the statement just like any other cashback credit cards.
Fees
| Joining Fee | |
| Welcome Benefit | 250 INR Flipkart Voucher (on paid cards) |
| Renewal / Annual Fee | 500 INR+GST |
| Renewal Benefit | – |
| Renewal Fee waiver | Spend 3.5 Lakhs (excludes: rent & wallet spends) |
The Axis Flipkart Credit Card is often available as First Year Free and, at times, even as Lifetime Free.
Since the card is currently being issued as First Year Free, it’s a good idea to grab one while the offer lasts.
*** Limited Period Offer: First Year Free ***
Rewards
| SPEND TYPE | REWARD RATE | Max. Cap | Equivalent 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) |
| Preferred Brands | 4% | Unlimited | – |
| Other Spends | 1% | Unlimited | – |
- Excluded category: Utility, Telecom, Fuel, Clock, Jewelry, Watch and Silverware Stores, Insurance, Financial Institutions, Rent, Wallet, Education & Government Services.
- Preferred Merchants: Cult, PVR, Swiggy, Uber
The newly added Myntra category with 7.5% cashback is a great addition, and it’s worth noting that the capping is separate for each category.
While the shift to quarterly capping instead of monthly is a positive change, the overall cap is still on the lower side.
Lounge Access
Effective mid 2024, the Flipkart Axis Bank Credit Card no longer offers complimentary airport lounge access.
If you’re looking for a Lifetime Free Credit Card with unlimited domestic lounge access benefit, Federal Scapia Credit Card is the best one out there at the moment.
Other Benefits
- Fuel surcharge waiver: 1% Fuel Surcharge Waiver across all petrol pumps in India. Upto 400 INR per statement. (Txn size: Rs. 400 – Rs. 4,000)
- Swiggy offer: 50% instant discount on Swiggy with Code: AXISFKNEW, upto 100 INR for new users only.
- Forex markup: 3.5%+GST
Should you get it?
If your Flipkart and preferred partner spends stay within the quarterly capping, this card remains a decent option, especially with 7.5% cashback on Myntra and 5% on Cleartrip.
Since it is currently being offered as First Year Free for a limited period, there’s no harm in grabbing one while the offer lasts.
*** First Year Free Offer ends by 25th Aug ***
Bottom line
The Axis Bank Flipkart Credit Card was a solid product at launch, with lounge access as a key USP. However, that benefit was removed, and many features have been trimmed, except for the Myntra spend category.
Considering the multiple rounds of devaluation, it might make more sense for Flipkart to position this card as a Lifetime Free offering and introduce a separate premium variant with better benefits and capping, ideally bundled with Flipkart Black membership.
If you’re looking for alternatives, consider exploring credit cards like: SBI Cashback, HDFC Swiggy, SBI Phonepe Select Black, or HDFC TataNeu Infinity Credit Card if you’ve UPI spends.
Are you still holding Axis Bank’s Flipkart Credit Card in 2025? Feel free to share your experience in the comments below.