The verdict
A formidable contender against Amazon Pay ICICI and SBI Cashback. If your primary shopping destination is Flipkart, this card yields an uncapped 5% return with zero merchant capping, plus 4% on everyday food and cab rides.
Spending ₹1.5 Lakh annually on Flipkart + ₹50,000 on Swiggy/Uber generates ₹7,500 + ₹2,000 = ₹9,500 in direct statement cashback, returning 19× the ₹500 fee.
Government payments, utilities, fuel, insurance, and rent are completely excluded from cashback.
✓What works
- +Uncapped 5% direct cashback on Flipkart and Cleartrip transactions.
- +4% uncapped cashback on preferred partners including Swiggy, Uber, PVR, and Cult.fit.
- +1.5% flat uncapped cashback on all other online and offline retail spending.
- +Automatic monthly cashback credit directly into your credit card statement.
✕What doesn't
- −Domestic lounge access requires ₹50,000 spend in the preceding quarter.
- −High fee waiver threshold of ₹3.5 Lakh for a ₹500 fee card.
- −0% cashback on utilities, insurance, rent, fuel, and wallet loads.
- −3.5% + GST forex markup on international spends.
What it earns
Cashback earned during a billing cycle is credited to your statement before the payment due date.
| Category | Rate | Monthly Cap | Per ₹1L spent |
|---|---|---|---|
| Flipkart & Cleartrip | 5.0% | Uncapped | ₹5,000 Cashback |
| Preferred Partners (Swiggy, Uber, PVR, Cult.fit) | 4.0% | Uncapped | ₹4,000 Cashback |
| General Online & Offline Retail | 1.5% | Uncapped | ₹1,500 Cashback |
| Fuel & Rent | 0% | Excluded | ₹0 |
Accelerated earn
Cashback is directly calculated and applied on eligible merchant transactions.
Redemption options
Zero redemption friction. Monthly cashback is posted directly against your outstanding balance.
| Redemption Channel | Value Per Point | Minimum | Ceiling / Limits | Fee |
|---|---|---|---|---|
| Auto Statement CreditBEST VALUE | ₹1.00 per ₹1.00 cashback | ₹0 (Auto-credited) | None | Nil |
Reward Scope: Inclusions & Exclusions
✓Eligible Spends (Inclusions)
- +All shopping on Flipkart.com, Flipkart app, and Cleartrip bookings.
- +Orders on Swiggy food delivery, Instamart, and Uber rides (4% cashback).
- +Offline physical retail purchases at POS card terminals (1.5% cashback).
- +4 complimentary domestic airport lounge visits per year upon meeting spend gate.
✕Excluded Spends & Fee Traps
- −Rent payments via fintech apps.
- −Fuel purchases (1% surcharge waiver applies on ₹400–₹4,000, max ₹400/cycle).
- −Utility bills, insurance premiums, and educational fees.
- −Wallet reloads and jewellery purchases.
Fee Schedule & Waiver Criteria
| Fee Component | Amount / Rate |
|---|---|
| Joining Fee | ₹500 + GST |
| Annual Renewal Fee | ₹500 + GST (Waived at ₹3.5 Lakh spend) |
| Forex Markup | 3.5% + GST |
| Finance Charges | 3.75% / month (52.86% / year) |
Eligibility & Approval Criteria
| Criteria | Requirement |
|---|---|
| Age | 18–70 years |
| Salaried Income | ₹15,000+ monthly net salary |
| Self-Employed Income | ITR above ₹3 Lakhs per annum |
Policy Changes & Devaluation History
1 RecordAxis Bank Aug 28 Multi-Card Revision — DCC Markup Hike, Movie Gate, Gift Card Exclusion, Late Fee Hike, Priority Pass Cut at Domestic Lounges
Axis Bank revised eight credit cards effective 28 August 2026: DCC markup rises across tiers, ₹25K movie benefit gate (effective 1 Nov), gift cards + tolls excluded from rewards (effective 28 Aug), late-payment fee cap to ₹1,300, Priority Pass barred from Indian domestic lounges.
Frequently Asked Questions
Does Flipkart Axis Bank Credit Card offer airport lounge access?
What are the MITC charges, annual fees, and interest rates for Flipkart Axis Bank Credit Card?
What is the reward rate and point redemption value on Flipkart Axis Bank Credit Card?
Which transactions are excluded from earning rewards on Flipkart Axis Bank Credit Card?
Who is Flipkart Axis Bank Credit Card best suited for in 2026?
Editorial Deep-Dive Analysis
Comprehensive Overview: Flipkart Axis Bank Credit Card
The Flipkart Axis Bank Credit Card is one of India’s most ubiquitous and high-volume e-commerce cashback credit cards, engineered in co-branded partnership with Flipkart for online shoppers, gadget buyers, and lifestyle consumers. Issued at an accessible annual fee of ₹500 + GST, the renewal fee is completely waived upon spending ₹3.5 Lakhs or more in eligible retail transactions during the card anniversary year.
The card is famous for its simple, unlimited direct cashback proposition: 5.0% flat unlimited cashback on Flipkart, 4.0% unlimited cashback on preferred lifestyle partners (Cleartrip, PVR, Uber, Swiggy, and Cult.fit), and 1.0% flat unlimited cashback on all other retail spending, automatically credited to your statement every billing cycle without complex points conversion tables.
Key Privileges and Practical Everyday Benefits
- 5% Flat Unlimited Cashback on Flipkart: Earn 5.0% direct statement cashback with zero upper caps on all product purchases on the Flipkart website and mobile app.
- 4% Unlimited Cashback on Preferred Partners: Earn 4.0% flat uncapped cashback across daily lifestyle essentials:
- Travel bookings on Cleartrip (flights and hotels).
- Cinema movie tickets at PVR INOX.
- Cab bookings on Uber.
- Food and grocery delivery on Swiggy.
- Health and fitness packages on Cult.fit.
- 1% Flat Unlimited Cashback on All Other Spends: Earn 1.0% unlimited cashback on general offline store POS swipes and other e-commerce transactions.
- Direct Statement Credit Automation: Cashback accumulated in a billing cycle is automatically credited to the primary card statement before the monthly payment due date.
- Domestic Airport Lounge Access: 1 complimentary domestic airport lounge visit per calendar quarter (4 visits/year) across major airport terminals in India (subject to the standard ₹50,000 spend in the preceding 3 calendar months).
Important Terms and Spend Conditions to Keep in Mind
- Flipkart Category Exceptions: The 5% rate does not apply to Flipkart flight bookings (which fall under Cleartrip at 4%), gift card purchases, and gold or jewelry transactions.
- Quarterly Lounge Access Spend Gate: Domestic lounge access requires spending at least ₹50,000 in the preceding 3 calendar months.
- Annual Fee Waiver Benchmark: Waiving the ₹500 renewal fee requires crossing ₹3.5 Lakhs in annual retail spends; otherwise, the annual renewal fee is billed to the statement.
- Excluded Spend Categories: Fuel purchases, rent payments, wallet reloads, cash advances, utilities, and government services do not earn cashback or count toward fee waiver thresholds.
- Dynamic Currency Conversion (DCC) Fee: A 1.0% + GST markup applies on foreign transactions processed in INR by overseas merchants.
Who Benefits Most
- Frequent Flipkart Shoppers: Consumers who make Flipkart their primary platform for smartphones, laptops, fashion, home appliances, and Big Billion Days festival sales.
- Urban App Users: Commuters taking Uber rides, ordering from Swiggy, and watching movies at PVR who benefit from uncapped 4% cashback.
- Spenders Who Hate Complex Reward Catalogs: Cardholders who want transparent, automated cash deductions on their credit card bill with zero redemption fees.
- Axis Bank — Flipkart Axis Bank Credit Card schedule of charges
- Flipkart — co-brand cashback rules and partner merchant terms
Independent Editorial & Statutory Disclaimers
Institutional Transparency & Nominative Fair Use Statement
CredSutra operates as an independent credit card discovery and consumer intelligence engine. CredSutra is NOT a bank, Non-Banking Financial Company (NBFC), Direct Selling Agent (DSA), or Lending Service Provider (LSP).