The Flipkart Axis Bank Credit Card is a popular choice among shoppers for its lucrative rewards and benefits. This article provides an in-depth look at its features, benefits, fees, and how it compares to other credit cards in the market.
Overview
The Flipkart Axis Bank Credit Card is designed to offer maximum rewards for Flipkart shoppers. With this card, users can enjoy substantial cashback, discounts, and exclusive offers on Flipkart and partner websites.
Key Features
- Welcome Benefits: Receive a welcome benefit of ₹500 worth Flipkart gift vouchers.
- Cashback: Earn 5% cashback on Flipkart, Myntra, and 2GUD, 4% on preferred merchants (Swiggy, Uber, PVR, etc.), and 1.5% on all other spends.
- Fuel Surcharge Waiver: Get a 1% fuel surcharge waiver at all fuel stations across India.
- Dining Offers: Enjoy discounts at partnered restaurants across India.
- Annual Fee Waiver: Waive off the annual fee on spending ₹2 lakhs in the previous year.
Benefits
- High Cashback Rates: The 5% cashback on Flipkart and Myntra is one of the highest in the market.
- Welcome Voucher: ₹500 Flipkart gift voucher adds immediate value.
- Comprehensive Coverage: From dining to fuel, this card covers a wide range of expenses with its benefits.
- Easy Application: Simplified application process with quick approval times.
Fees and Charges
| Fee Type | Amount |
|---|---|
| Annual Fee | ₹500 (waived on spending ₹2 lakhs annually) |
| Joining Fee | ₹500 |
| Finance Charges | 3.4% per month (or 49.36% annually) |
| Late Payment Fee | ₹100 – ₹1,000 |
| Cash Advance Fee | 2.5% of the amount (min ₹500) |
Eligibility Criteria
- Age: 18 to 70 years.
- Income: Minimum income as per Axis Bank’s terms.
- Residential Status: Resident of India.
- Credit Score: A good credit score is preferred for approval.
How to Apply
- Online Application: Visit the Axis Bank website or Flipkart app to apply online.
- Documentation: Submit necessary documents such as identity proof, address proof, and income proof.
- Verification: Axis Bank will verify the documents and process the application.
- Approval and Dispatch: Upon approval, the credit card will be dispatched to your address.
Comparison with Other Credit Cards
| Feature | Flipkart Axis Bank Credit Card | Amazon Pay ICICI Credit Card | SBI SimplyClick Card |
|---|---|---|---|
| Cashback Rate | Up to 5% | Up to 5% | 1.25% |
| Annual Fee | ₹500 (waived on ₹2L spend) | Nil | ₹499 |
| Welcome Benefits | ₹500 Flipkart voucher | Nil | ₹500 Amazon voucher |
| Fuel Surcharge Waiver | Yes | No | Yes |
| Dining Offers | Yes | No | Yes |
Frequently Asked Questions (FAQs)
Q: Can I use the Flipkart Axis Bank Credit Card internationally?
A: Yes, the card can be used internationally wherever Visa cards are accepted.
Q: How can I check my credit card statement?
A: You can check your credit card statement online through Axis Bank’s net banking portal or mobile app.
Q: Is there a limit on the cashback I can earn?
A: There is no cap on the cashback earned on Flipkart, Myntra, and 2GUD. However, for other categories, terms and conditions apply.
Q: What happens if I lose my Flipkart Axis Bank Credit Card?
A: You should immediately report the loss to Axis Bank customer care to block the card and prevent any misuse.
Q: Can I convert my purchases into EMIs?
A: Yes, you can convert high-value purchases into easy EMIs with this credit card.
Conclusion
The Flipkart Axis Bank Credit Card is a great option for regular Flipkart shoppers and those looking for high cashback rates on a variety of purchases. Its additional benefits, such as dining offers and fuel surcharge waivers, make it a well-rounded choice for many users. If you meet the eligibility criteria and are looking for a rewarding credit card, this could be the right fit for you.
