Flipkart Axis Bank Credit Card
Axis Bank · Cashback card · ₹500 annual fee
Fees & benefits
| Annual fee | ₹500 + GST — waived at ₹3,50,000/yr spend |
| Welcome benefit | ~₹350 value |
| Airport lounges | None |
| No rewards on | fuel, rent, wallet, insurance, utility, government, education, emi |
Reward rates (with caps — the part that actually matters)
| Rule | Effective rate | Monthly cap | Applies to |
|---|---|---|---|
| 7.5% Myntra cashback | 7.5% | ₹1,333 | myntra |
| 5% Flipkart cashback | 5% | ₹1,333 | flipkart |
| 5% Cleartrip cashback | 5% | ₹1,333 | cleartrip |
| 4% preferred merchant cashback | 4% | Uncapped | swiggy, uber, pvr, cultfit |
| 1% other cashback | 1% | Uncapped | all eligible spend |
What it's worth at your spend
Net annual value on a typical Indian urban spend mix (shopping-heavy, incl. groceries, dining, fuel, travel, bills), after caps and fees. Rank is out of all 50 cards we track.
Caveats & recent changes
Cashback caps are per statement quarter, per merchant: Flipkart 5% up to ₹4,000/qtr, Cleartrip 5% up to ₹4,000/qtr (separate), Myntra 7.5% up to ₹4,000/qtr. Modeled as ~₹1,333/month each.
Myntra cashback was raised from 1% to 7.5% in the June 2025 revision.
Preferred-merchant (cult.fit/PVR/Swiggy/Uber) 4% and 1% base cashback are uncapped.
Complimentary domestic lounge access was discontinued effective 20 June 2025.
Verified 2026-07-13 against official issuer sources (agent verification pass; manual human review unavailable).
Welcome/activation benefit is ₹350. Confirmed 2026-07-13 against the live issuer page (JS-rendered via browser).
Quick answers
Is the Flipkart Axis Bank Credit Card lifetime free?
No, the annual fee is ₹500 (plus GST), waived on spending ₹3,50,000 a year.
What is the highest reward rate on the Flipkart Axis Bank Credit Card?
7.5% — 7.5% Myntra cashback. Effective value depends on monthly caps; see the caveats on this page.
Does the Flipkart Axis Bank Credit Card give airport lounge access?
No, the Flipkart Axis Bank Credit Card does not include airport lounge access.
Where the Flipkart Axis Bank Credit Card fits
Ranks in our: First credit cards for beginners (#5).
Best cards by spend: ₹15,000/month · ₹30,000/month · ₹60,000/month. Check if this card's fee is worth it.