Axis Flipkart Credit Card Detailed Review – 2023 Update

By | August 29, 2023
Flipkart Credit Card

Axis Flipkart credit cards is one of the most popular credit cards in the country, based on the number of cards issued. There are over 32 lakh active Axis Flipkart credit cards at the moment. However, does that mean that one of the most popular credit cards is also one of the best credit cards? Read to find out.

Axis Flipkart Credit Card

Axis Flipkart Credit Card

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Fees and Eligibility

  • Joining and annual fee of 500 + GST.

Rewards and Benefits:

  • Joining Benefits:
    • INR 500 Flipkart voucher on doing the first transaction within 30 days.
    • 15% cashback up to Rs. 500 on your first transaction on Myntra on this card
    • 50% up to 100 off on Swiggy.
  • Recurring Benefit:
    • None
  • Reward Points:
    • 1.5% cashback on all spends. No cash back on Fuel, EMI, wallet loads, jewellery purchases, insurance, utilities & rent payment and GV purchase on Flipkart and Myntra
  • Accelerated Reward Points:
    • Unlimited 5% cashback on spends done on Flipkart and Myntra.
    • Unlimited 4% cash back on select partners (Cleartrip, Cure.Fit, PVR, Swiggy, Tata Play and Uber)

Thoughts on Axis Flipkart Credit Card

The Axis Flipkart credit card is a decent credit card that gives 1.5% cash back on nearly all spends. However, the recent devaluation where you get no cashback on utilities and insurance payments sort of takes away the sheen from this card. Nonetheless, the USP of this card is 5% unlimited cash back on Flipkart and Myntra. In addition, 4% cashback on preferred merchants, major ones are Cleartrip, Swiggy and Uber.

Obviously, this credit card is compared to ICICI Amazon credit card a lot.  The base 1.5% cash back on the Axis Flipkart credit card is higher than what the ICICI Amazon credit card offers (1%). However, ICICI Amazon credit card offers 2% cashback on utility and insurance bill payments when done thru Amazon’s website against nada for Axis Flipkart. Moreover, if you load your Amazon Pay wallet you also get 2% cashback. Thus ICICI Amazon credit card is better in this regard.

Nonetheless, the area where the Axis Flipkart card score is it gives you 5% cashback without the need for any other subscription. For an ICICI Amazon card, you need to have an Amazon Prime membership (going rate of ~1500) to get 5% cashback, without that you only get 3%. Thus effectively increasing the cost of ownership.

Further, another area where Axis Flipkart credit card score is it gives free lounge access (limited to 4 per year). However, the drawback is you get access to lounges only in the major 6 cities (List here). They are Bangalore, Chennai, Mumbai, Kolkata, Hyderabad and New Delhi. Pro-tip: Get the Visa variant for this card. It gives access to Bangalore’s 080 Domestic Lounge.

How the Axis Flipkart credit card compares to other cards

If you are a regular reader of this blog, you would know that I prefer a trio of Axis Ace(Apply Now), SBI Cashback(Apply Now) and Amex MRCC(Apply Now) credit cards to get cashback of 5% on nearly all spends. Thus it makes sense that I compare Axis Flipkart credit to those and see where it stands.

In the above calculations, you would find that Axis Flipkart has mediocre reward rates if you use it across all purchases. Further, the most rewarding area for Axis Flipkart is purchases on Flipkart and Myntra. SBI Cashback credit card gives 5% on these platforms plus many more online platforms. Thus no need to have this card as long as you have an SBI Cashback card.


While the Axis Flipkart credit card is obviously a good credit card with a decent reward rate, I don’t see a compelling reason to hold this card. As long as you have the trio of Axis Ace(Apply Now), SBI Cashback(Apply Now) and Amex MRCC(Apply Now) credit cards you can get ~5% cash back on nearly all spends, including fuel spending.

You may argue that SBI Cashback(Apply Now) and Amex MRCC(Apply Now) do not offer lounge access. However, Axis Ace offers access to the same lounges that Axis Flipkart offers and it gives unlimited 5% on all utility payments made thru GPay too.

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Further, the argument can be that the SBI Cashback caps cashback at 5k per month and the Axis Flipkart gives unlimited cashback. Agreed. However, 5k cashback means 100,000 spends every month on 5% categories. If you have that kind of spending then you should go for Axis Magnus(Apply Now), HDFC Diners Black or HDFC Infinia.

What are your views of the Axis Flipkart credit card? Do share your views.

Photo by Tamanna Rumee on Unsplash


In the interest of full disclosure, Credit Cardz may earn a referral bonus for anyone that’s approved through some of the links in this post. However, opinions and views expressed here are of the author's alone and not those of the bank, credit card issuer, or anyone else and have not been reviewed, approved or otherwise endorsed by any of these entities.

8 thoughts on “Axis Flipkart Credit Card Detailed Review – 2023 Update

  1. Pankaj Singh (@SnippierJoker)

    In you excel sheet why is the reward rate of regalia being calculated at 3.3%? Form what I know Regalia only has a default reward rate of 1.3% if you don’t consider smartbuy and also which does not apply for offline spends.

  2. Ragav

    Flipkart Axis Bank Credit Card is Lifetime Free Card now. They are not charging 500rs Per annum fees it’s a Lifetime Free card I recently applied got the credit card. You can even check details in the flipkart website too

  3. Test

    Axis Flipkart Credit Card is life time free card, I applied for this card from flipkart app and application has been approved

  4. Bruce

    I applied for this card in September. However, I was rejected. When again can I apply for it?

  5. Mahesh S. Panicker

    As Axis Ace is now only issued on limited basis, the Flipkart card is worth holding. Think SBI has made a mess of their cards including the Cashback Card with very restrictive T&C. Axis cards are simpler, the lounge access, while not well spread to be significant enough, is valuable. The process of converting the MC variant to a Visa one seems complicated, the Axis CC on call had no clear idea.

    1. Hiren

      Amazon ICICI Bank credit card has banned Amazon Pay wallet via credit card. So no rewards of 2% or cash back.


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