Did you know the Flipkart Axis Bank Credit Card has reached 2 million card holders in India? It was launched in 2019 by Flipkart and Axis Bank. It offers great benefits like unlimited cashback, welcome bonuses, and special discounts.
This credit card is for everyone, not just those with good credit. It’s easy to get and is loved by online shoppers. It helps you save money and earn rewards while shopping online.
Key Takeaways
- The Flipkart Axis Bank Credit Card is a co-branded credit card that offers a range of benefits for online shoppers.
- It provides unlimited cashback rewards, welcome bonuses, and exclusive partner discounts.
- The card is designed to cater to both creditworthy consumers and those with limited access to formal credit cards.
- The Flipkart Axis Bank Credit Card has become one of the fastest co-branded credit cards to cross the milestone of 2 million card issuance in India.
- It has a wide distribution coverage across India, making it a popular choice for online shoppers.
Introduction to the Flipkart Axis Bank Credit Card
The Flipkart Axis Bank Credit Card is a special card that makes getting credit easier in India. It was launched in 2019 by Flipkart, Axis Bank, and Visa. This card gives users cashback, welcome bonuses, and discounts from partners.
It’s for people who can get credit and those who can’t. It brings the benefits of a credit card to more people.
Overview of the Co-branded Credit Card
Flipkart teamed up with Axis Bank and Visa to create this card. It’s designed to help more Indians get formal credit. Many people in India use informal credit, but formal credit is still out of reach for many.
This card aims to change that. It offers cashback, bonuses, and discounts. It’s a way for more people to enjoy the perks of a credit card.
Benefits of Formal Credit Access
- Increased financial inclusion and access to formal credit services
- Opportunity to build credit history and improve credit scores
- Convenient and secure payment method for online and offline purchases
- Access to a variety of rewards, discounts, and other credit card benefits
- Improved financial management and budgeting capabilities
This card makes getting formal credit easier and more appealing. It’s part of a bigger effort to help more people manage their money well. It’s about making financial tools available to everyone.
Unlimited Cashback Rewards
The Flipkart Axis Bank Credit Card lets you earn unlimited cashback on your buys. You get up to 5% cashback on Flipkart, 4% on partner merchants, and 1.5% on all other online and offline purchases.
Cashback Rates on Flipkart and Partner Merchants
The Flipkart Axis Bank Credit Card’s cashback program is made to give you the most benefits. You can earn:
- 5% cashback on all purchases made on the Flipkart platform
- 4% cashback on purchases made with partner merchants, including Swiggy, Uber, PVR, and Curefit
- 1.5% cashback on all other online and offline purchases
The best part? There’s no limit on how much cashback you can earn. This makes the Flipkart Axis Bank Credit Carda great choice for online shoppers.
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Card Console: A One-Stop Cockpit View
The Flipkart Axis Bank Credit Card has a special feature called the Card Console. It’s a central spot in the Flipkart app where you can manage your card info easily. This digital feature makes credit card management smooth and complete, letting you check important details and control your money.
In the Card Console, you can see your card number, when it expires, and your CVV. You also get to check your balance, when payments are due, and pay your bill right from the app. This makes managing your finances quick and easy.
The Card Console is also where you can watch your cashback rewards and see how you’ve used them. If you need to, you can block your card here too. This keeps your money safe in case of emergencies.
This digital credit card feature makes managing your card easy. It lets Flipkart Axis Bank Credit Card users keep their finances in check and make smart choices anytime. The Card Console’s all-in-one view makes daily card tasks simpler, improving your experience and making things more convenient for you.
Welcome Bonuses and Partner Offers
The Flipkart Axis Bank Credit Card has exciting welcome bonuses and partner offers for new users. When you activate it, you get joining benefits like Flipkart e-Gift Vouchers and special discounts from Swiggy.
Joining Benefits from Flipkart and Swiggy
New users of the Flipkart Axis Bank Credit Card get Flipkart e-Gift Vouchers. This gives them a great start for their online shopping. They also get a 50% discount (up to ₹100) on their first Swiggy order. This helps them save on food delivery.
Discounts from Myntra and Other Partners
The credit card also offers discounts from Myntra. You get a 15% cashback (up to ₹500) on your first purchase there. Plus, there are partner offers and discounts from brands like PVR, Curefit, Cleartrip, Tata 1Mg, and Uber. These deals help you save on both online and offline shopping.
These welcome bonuses and partner offers make the Flipkart Axis Bank Credit Card very appealing. It offers many chances to save and enjoy shopping and lifestyle experiences through its benefits.
Flipkart Axis Bank Credit Card
Eligibility Criteria and Application Process
The Flipkart Axis Bank Credit Card is a special card for shoppers. It comes with many benefits. But, to get this card, you must meet certain requirements from Axis Bank and Flipkart.
To qualify for the Flipkart Axis Bank Credit Card, you must be between 18 and 70 years old. You also need a steady income, whether from a job or your own business. You should be a resident or non-resident Indian. You’ll need to show proof of who you are, where you live, and your income, like a PAN card, Aadhaar card, and salary slips or bank statements.
You can apply for the Flipkart Axis Bank Credit Card online on the Flipkart website or in person at an Axis Bank branch. Applying online is easy and quick. You can fill out your details and get a fast decision. Or, you can visit an Axis Bank branch for a more personal experience and talk to a representative to apply.
After your application is approved, the Flipkart Axis Bank Credit Card will be sent to your address. Then, you can enjoy all the benefits and rewards it offers.
Additional Benefits and Features
The Flipkart Axis Bank Credit Card offers more than just cashback rewards and discounts. It also comes with valuable travel perks and financing options. These features make the credit card experience better.
Lounge Access and Travel Benefits
The Flipkart Axis Bank Credit Card has a great feature: free lounge access. Cardholders get four free visits a year to select airport lounges in India. This makes travel more comfortable and relaxing, especially during long waits.
Fuel Surcharge Waivers and EMI Options
The card also has everyday purchase benefits. It waives fuel surcharges for transactions between ₹400 and ₹4,000, up to ₹400 a month. This helps save on fuel costs. Plus, it offers easy EMI options for managing payments.
| Feature | Details |
|---|---|
| Lounge Access | 4 complimentary domestic lounge visits per year at select airports in India |
| Fuel Surcharge Waivers | Waivers for transactions between ₹400 and ₹4,000, with a maximum monthly waiver of ₹400 |
| EMI Options | Flexible payment plans for convenient management of purchases |
The Flipkart Axis Bank Credit Card adds value with its extra features. It gives cardholders a richer and more rewarding experience.
Fees and Charges
When looking at the Flipkart Axis Bank Credit Card, it’s key to know the fees and charges. The card has a small joining and annual fee of ₹500. This fee can be skipped if you spend ₹3,50,000 or more on the card in the past year.
The card’s annual percentage rate (APR) is 52.86%. This is something to think about, especially if you carry a balance each month. High credit card interest rates can add up quickly.
There are also other fees and charges for certain transactions or features. It’s important to read the card’s terms and conditions well. This way, you’ll know all the fees and charges you might face.
| Fees and Charges | Amount |
|---|---|
| Joining and Annual Fee | ₹500 |
| Annual Fee Waiver Condition | Spend ₹3,50,000 or more in the previous year |
| Annual Percentage Rate (APR) | 52.86% |
Knowing the credit card annual fees, interest rates, and other fees and charges helps you decide. It’s about seeing if the card fits your financial plans and spending habits.
Comparison with Other Cashback Credit Cards
The Flipkart Axis Bank Credit Card offers great cashback, especially for shopping on Flipkart and at partner stores. But, it’s smart to look at other cashback cards too. For example, the SBI Cashback Credit Card gives 2% cashback on all buys. The Axis Bank Ace Credit Card also offers 2% cashback. Lastly, the HSBC Cashback Credit Card gives 1.5% cashback online and 1% elsewhere.
It’s important to check the benefits, fees, and rewards of each card. This helps find the best match for your spending and preferences. By comparing different cashback cards, you can save more on your daily purchases.
| Card | Cashback Rate | Annual Fee | Other Benefits |
|---|---|---|---|
| Flipkart Axis Bank Credit Card | 5% on Flipkart, 2% on partner merchants | ₹500 | Welcome bonuses, partner offers |
| SBI Cashback Credit Card | 2% on all purchases | ₹499 | Fuel surcharge waiver, EMI options |
| Axis Bank Ace Credit Card | 2% flat cashback | ₹500 | Lounge access, travel perks |
| HSBC Cashback Credit Card | 1.5% on online, 1% on other purchases | ₹1,499 | Exclusive discounts, insurance benefits |
By comparing the Flipkart Axis Bank Credit Card with other options, you can pick the best card for you. This choice depends on your spending habits and financial goals.
Customer Reviews and Ratings
The Flipkart Axis Bank Credit Card has mixed reviews. Some users like the high cashback rates on Flipkart and partner sites. They also enjoy benefits like lounge access and fuel surcharge waivers.
However, others are unhappy with the cashback rate drop on Myntra from 5% to 1.5%. They also find the high annual fee waiver of ₹3,50,000 too steep.
Reviews suggest the card is great for those who shop a lot on Flipkart. But, it might not be the best for those looking for a more flexible cashback card.
To understand the card better, let’s look at what customers say:
| Review Platform | Average Rating | Key Highlights |
|---|---|---|
| Flipkart | 4.2/5 |
|
| Axis Bank | 3.9/5 |
|
In summary, the Flipkart Axis Bank Credit Card is good for those who shop a lot on Flipkart. But, it might not be the best for those wanting a more flexible cashback card. It’s important to think about your spending habits and preferences before applying.
Conclusion
The Flipkart Axis Bank Credit Card is great for online shoppers in India. It’s especially good for those who often shop on Flipkart and its partner sites. The card offers unlimited cashback, up to 5% on Flipkart and 4% on some partner merchants.
It also comes with extra perks like welcome bonuses, lounge access, and no fuel surcharge fees. These benefits make the card even more valuable.
But, the card has some downsides. The high annual fee and the drop in Myntra cashback rates might not appeal to everyone. Still, the Flipkart Axis Bank Credit Card is a solid choice for those who love shopping online, especially on Flipkart.
The key takeaways from the Flipkart Axis Bank Credit Card are its great cashback rewards and diverse benefits. It has a lot to offer for frequent online shoppers. Even with the annual fee and some limits, it’s a good pick for those who shop a lot on Flipkart.
FAQs
What is the Flipkart Axis Bank Credit Card?
The Flipkart Axis Bank Credit Card is a special card launched in 2019. It’s a partnership between Flipkart and Axis Bank. It gives online shoppers benefits like cashback rewards, welcome bonuses, and discounts.
What are the key features of the Flipkart Axis Bank Credit Card?
This card offers unlimited cashback rewards. You get up to 5% cashback on Flipkart and 4% on partner merchants. It also has a Card Console for managing your card info, welcome bonuses, and discounts.
How does the Flipkart Axis Bank Credit Card make formal credit more accessible?
This card aims to make credit more inclusive in India. It’s for both those who can get credit easily and those who can’t. It offers the benefits of a co-branded card to everyone.
What are the cashback rates offered by the Flipkart Axis Bank Credit Card?
You can get unlimited cashback rewards with this card. Enjoy up to 5% cashback on Flipkart, 4% on partner merchants, and 1.5% on all other purchases.
What is the Card Console feature of the Flipkart Axis Bank Credit Card?
The Card Console lets you manage your card info from the Flipkart app. You can check your due amount, pay bills, and even block your card if needed.
What are the welcome bonuses and partner offers available with the Flipkart Axis Bank Credit Card?
New cardholders get joining benefits like e-Gift Vouchers from Flipkart. You also get discounts from partners like Swiggy and Myntra.
What are the eligibility criteria and application process for the Flipkart Axis Bank Credit Card?
To get this card, you must be 18 to 70 years old. You need a stable income and be a resident or non-resident Indian. Apply online or at an Axis Bank branch.
What other benefits does the Flipkart Axis Bank Credit Card offer?
This card offers more than just cashback. You get four free domestic lounge visits, fuel surcharge waivers, and easy EMI options.
What are the fees and charges associated with the Flipkart Axis Bank Credit Card?
The card has a ₹500 joining and annual fee. This fee is waived if you spend ₹3,50,000 or more in a year. The APR is 52.86%.
How does the Flipkart Axis Bank Credit Card compare to other popular cashback credit cards in the market?
Compared to cards like the SBI Cashback Credit Card, this card offers higher cashback rates. However, it may have a higher annual fee waiver criteria.
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