In-depth review
Axis Bank Flipkart Credit Card
Still one of India's best low-fee shopping cards for Flipkart-and-Myntra loyalists — now with a welcome 7.5% on Myntra — but the June 2025 devaluation ended the uncapped 5%, adding ₹4,000-per-quarter caps and removing lounge access. For the normal shopper who stays within the caps, it's excellent value for its ₹500 fee (waived at ₹3.5 lakh spend); for the heavy spender who loved the unlimited era, it's a real step down.
Read the full review →Key features
What this card is built to do — the highlights that actually matter.
Welcome Benefit
~₹250 in vouchers, points or cashback in year one — usually conditional on a first spend within 30–90 days
7.5% cashback at Myntra
7.5% on Myntra, capped at ₹4,000 per statement quarter (₹16,000 a year) since the June 2025 revision, which raised Myntra from 1% and ended the unlimited 5% era on the other two partners.
5% cashback at Flipkart, Cleartrip
5% on Flipkart and Cleartrip, each capped at ₹4,000 per statement quarter (₹16,000 a year per merchant). Flipkart Health does not qualify. Surplus above the cap is written off each quarter and never pools across merchants.
Annual Fee Waiver
Fee of ₹500 + 18% GST (₹590 all-in)/yr fully waived when you spend ₹3,50,000/year
Fuel Surcharge Waiver
1% waiver on fuel transactions, capped at ₹400/month
🛍️ SHOPPING BENEFITS
Built for Flipkart — here's how your cashback stacks up.
5.0%
Flipkart rate
7.5%
Online shopping rate
PARTNER MERCHANTS
- Co-branded with Flipkart — built for regular shoppers
- 5.0% back on Flipkart purchases
- Accelerated cashback at: Flipkart, Cleartrip, Myntra
💰 CASHBACK STRUCTURE
How much you earn back on each type of spend — no points math required.
7.5%
online shopping cashback
1.0%
Base rate (all other spends)
- 8% cashback on online shopping
- 1.0% on all other spends — no restrictions
🍽️ FOOD & DINING BENEFITS
Dining rewards, food delivery cashback and partner benefits.
4.0%
Dining cashback rate
PARTNER PLATFORMS
- 4.0% return on restaurant and dining spends
- Accelerated earn on: Swiggy food delivery
For regular Flipkart and Myntra shoppers who will use the capped 5%/7.5% earn and clear ₹3.5 lakh a year to waive the fee.
Full reward structure
What you earn on every rupee, per spend category — as of 11 Oct 2026.
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Online Shoppingonly at Myntra | cashback | 7.5% | — |
| Online Shoppingonly at Flipkart, Cleartrip | cashback | 5% | — |
| Diningonly at Swiggy food delivery | cashback | 4% | — |
| Other | cashback | 1% | — |
Online Shopping: 7.5% on Myntra, capped at ₹4,000 per statement quarter (₹16,000 a year) since the June 2025 revision, which raised Myntra from 1% and ended the unlimited 5% era on the other two partners. · Myntra
Online Shopping: 5% on Flipkart and Cleartrip, each capped at ₹4,000 per statement quarter (₹16,000 a year per merchant). Flipkart Health does not qualify. Surplus above the cap is written off each quarter and never pools across merchants. · Flipkart, Cleartrip
Dining: 4% on Axis's unpublished "preferred merchants" list, which the bank can change at its discretion without notice. On Swiggy only food delivery qualifies — Instamart and Genie do not. · Swiggy food delivery
Other: 1% unlimited cashback on all other spends
Earns nothing on: Utility Bills · Education · Rent · Wallet Loads · Government & Tax · Insurance · Fuel · Cash Advances · EMI Conversions · Gold and jewellery · Gift cards on Flipkart and Myntra · Tolls & Road Fees
These spends earn no rewards at all — not a reduced rate, and not the base rate. They are also normally left out of any milestone or fee-waiver calculation.
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 11 Oct 2026.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹590 |
| Joining fee (incl. 18% GST) | ₹590 |
| Finance charge (APR) | 3.75% p.m. |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1%, cap ₹400 |
Perks & benefits
Estimated annual value beyond rewards — ~₹400/yr in total.
1% fuel surcharge waiver on fuel transactions between ₹400 and ₹4,000, capped ₹400 per statement cycle. Fuel earns no cashback.
Should you get it?
- Best for: Flipkart loyalist shopper, Myntra fashion buyer during every sale, Big Billion Days maximiser, Online-first shopper
- Mid tier — a solid all-rounder for steady monthly spend.
- Strongest value if you spend heavily on everyday spends (1% back; 7.5% only at Myntra).
Pros & cons
✓ Pros
- 7.5% on Myntra and 5% on Flipkart/Cleartrip — each merchant capped at ₹4,000 a statement quarter
- 4% on Axis's preferred merchants, uncapped (Swiggy food delivery is the one Axis names)
- 1% unlimited cashback on all other spends
- ₹500 fee waives at ₹3.5 lakh of annual spend, with a ₹250 Flipkart voucher on your first transaction
- 1% fuel surcharge waiver on ₹400–₹4,000 fills, capped ₹400 a statement cycle
✕ Cons
- Value is highly concentrated in Flipkart/Myntra — if you prefer Amazon, choose ICICI Amazon Pay
- 3.5% forex markup — not for international use
- No lounge access or travel perks
Eligibility & documents
Documents required
- 📄PAN card
- 📄Aadhaar / valid address proof
- 📄Latest 3 months bank statement
- 📄Income proof — salary slips (salaried) or ITR (self-employed)
- 📄Recent passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Statement credit / cashback adjustment
- 🎁Online rewards catalogue (vouchers, merchandise)
- 🎁Flight & hotel bookings via the issuer rewards portal
What your Cashback are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Direct cash adjustment — no conversion
Outside Flipkart, Myntra and the preferred merchants the card earns a pedestrian 1% — and the preferred-merchant list is unpublished and revocable, so even that 4% is not a promise. It is a single-purpose tool, not an all-rounder.
Frequently asked questions
Is the 5% Flipkart cashback unlimited?
Does the 5% apply to Flipkart Pay Later?
Is there lounge access?
What earns 4%?
What cashback caps were added in 2025?
Are there any small-print limits on the cashback?
How will Axis apply my payment across the outstanding balance from 28 August 2026?
How has the Axis Bank Flipkart Credit Card changed over time?
Has the Axis Bank Flipkart Credit Card been devalued recently?
When did the Axis Bank Flipkart Credit Card's fees last change?
How did the Axis Bank Flipkart Credit Card change in 2026?
The bottom line
Post the June 2025 devaluation the Flipkart Axis is a good but no longer exceptional shopping card: the unlimited 5% is gone (now ₹4,000/quarter caps), the lounge access is gone, and it is not lifetime-free. The Myntra bump to 7.5% is a genuine plus for fashion spenders — but treat the caps as the real story.
How this page was built
Counted from this card’s own record: 4 earn rules, 2 of them capped, 3 paid only at named merchants, the spends listed as earning nothing and 1 recorded perk. The renewal fee is conditional — it is waived on a published spend target, so the fee you pay depends on what you spend.
Last updated 11 Oct 2026.
Sources & verification
Fees, reward rates, and benefits for the Axis Bank Flipkart Credit Card are taken from Axis Bank's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 11 Oct 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for Axis Bank. All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
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Guides and reviews related to this card.
Axis Bank Flipkart Credit Card
Still one of India's best low-fee shopping cards for Flipkart-and-Myntra loyalists — now with a welcome 7.5% on Myntra — but the June 2025 devaluation ended the uncapped 5%, adding ₹4,000-per-quarter caps and removing lounge access. For the normal shopper who stays within the caps, it's excellent value for its ₹500 fee (waived at ₹3.5 lakh spend); for the heavy spender who loved the unlimited era, it's a real step down.
Flipkart Axis Bank Super Elite Credit Card
The Super Elite is the SuperCoins sibling of the Flipkart Axis card — 12 SuperCoins per ₹100 on Flipkart for Plus members (6 for non-Plus), 2 per ₹100 elsewhere, and welcome SuperCoins plus Lenskart/Gaana/YouTube trials. But the rewards are store credit, not cashback, there is no lounge access, and the top rate needs a paid Flipkart Plus membership.
Flipkart SBI Card
SBI's new Flipkart co-brand (₹500, launched August 2025) pays a headline 7.5% on Myntra and 5% on Flipkart, with 4% at four select merchants and 1% elsewhere — all as automatic cashback. It sits alongside the older Axis Flipkart card, which is still open. Excellent if you live inside the Flipkart-Myntra-Cleartrip ecosystem; ordinary if you don't.
IKEA Family Axis Bank Credit Card
Withdrawn: Axis has removed the IKEA Family card from its line-up — the product page is gone and there is no way to apply, so this is now a guide for existing holders. It was a lifetime-free IKEA co-brand earning Axis EDGE Reward Points — 3 per ₹100 at IKEA, 2 per ₹100 on dining, 1 per ₹100 elsewhere — plus IKEA Family perks and low-cost EMI. The earn was always modest (EDGE points are worth ₹0.20), but with no fee it was all upside for a regular IKEA shopper.
Axis Bank Shoppers Stop Credit Card
A single-store loyalty card built on the Shoppers Stop First Citizen programme — 20 First Citizen points per ₹200 on Exclusive brands (5% at Axis's published ₹0.50/point), 12 per ₹200 on every other brand in store, 2 per ₹200 elsewhere, plus a ₹2,250 welcome voucher stack. The points redeem only at Shoppers Stop, so it's a companion card for genuine regulars, not a daily driver.
Best Credit Cards for Online Shopping in India 2026
Platform-specific cards reach 7.5–10% on Myntra, Flipkart and Swiggy, while SBI Cashback pays a flat 5% across every online merchant. This guide separates the best broad online rate from the best rate available online — they are not the same card — and covers the caps and exclusions that decide which one you should actually hold.
Myntra Kotak Credit Card
No longer issued — reported withdrawn on 10 July 2025, with holders reported moved to the Kotak League Platinum or Zen Signature, neither of which carries the Myntra benefit that defined it. There's no live card to recommend. Myntra's own card store now lists the Flipkart Axis and Flipkart SBI cards; both match its 7.5% on Myntra, but cap the cashback by quarter where this card capped only the transaction.
Axis Bank Cashback Credit Card
A ₹1,000 online-cashback card with a tiered accelerated rate — up to 5% on most online spends and 7% on the top tier, capped at a generous ₹4,000 a month. But offline earns just 0.75%, there's no fuel surcharge waiver and no lounge access, so hold it as an online specialist rather than an all-rounder.
Google Pay Flex Axis Bank Credit Card
A lifetime-free RuPay/UPI co-brand between Axis Bank and Google Pay: earn 'stars' worth ₹1 each, redeemable straight into UPI payments in Google Pay. Axis's contractual rate is 0.2%, doubling to 0.4% once you've spent ₹100 in the prior cycle, hard-capped at 1,500 stars a cycle. The 4X and 8X rates the card is marketed on are a Google Pay promotion on current-period spend that Axis explicitly disclaims. A convenient free secondary card for Google Pay natives, not a rewards engine.
Samsung Axis Bank Infinite Credit Card
The premium tier of Axis Bank's Samsung co-brand: 10% cashback on Samsung purchases capped at ₹20,000/year, 3% on five partners, a large 30,000-point welcome benefit and full domestic-plus-international lounge access — for a ₹5,000 fee that waives at ₹7 lakh. Strong the year you buy heavily into Samsung; overkill if you don't.
Axis Bank Freecharge Credit Card
An entry-level, invite-only EDGE Reward Points card built around Axis Bank's own Freecharge app for recharges and bill payments, with spend-based monthly bonus points. A light ₹250 digital card for Freecharge regulars — not a cashback earner, and outshone by its own Plus sibling if cashback is what you want.
Samsung Axis Bank Signature Credit Card
The entry tier of Axis Bank's Samsung co-brand: 10% cashback on Samsung purchases (capped ₹2,500/month, ₹10,000/year) plus EDGE Reward Points on everyday spend, for a ₹500 fee that waives at ₹2 lakh. A device-buyer's card that earns its keep the year you buy a Samsung, and an ordinary 1% points card the rest of the time.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2019 · last change Aug 2026
2026
- ▼ FeeObserved 29 Jul 2026 · Effective 28 Aug 2026
Dynamic currency conversion markup more than doubles to 3.5%
1.5% + GST→3.5% + GST
Axis Bank raised the dynamic currency conversion mark-up from 1.5% to 3.5% plus GST. DCC applies when an overseas merchant offers to bill you in rupees instead of the local currency, and it stacks on top of the usual foreign-currency mark-up. Declining the rupee option at the terminal and paying in the local currency avoids the charge entirely.
Verification: Axis Bank ↗ · Confidence: High
- ▼ FeeObserved 29 Jul 2026 · Effective 28 Aug 2026
New top late-payment slab of Rs 1,300 above Rs 50,000
Rs 1,200 on any total payment due above Rs 10,000→Rs 1,200 from Rs 10,001 to Rs 50,000; Rs 1,300 above Rs 50,000
Axis Bank added a fifth late-payment slab. Everything up to Rs 50,000 is unchanged, but a total payment due of more than Rs 50,000 now attracts Rs 1,300 instead of Rs 1,200. The same notice fixes the order in which a payment is applied to the outstanding: fees and charges including taxes first, then EMIs, interest, purchases and cash advances.
Verification: Axis Bank ↗ · Confidence: High
- ▼ RewardObserved 29 Jul 2026 · Effective 28 Aug 2026
Tolls and road fees stop earning rewards; gift cards split into their own category
Bridge fees, road fees and tolls earned at the normal rate→No rewards or cashback on bridge fees, road fees and tolls
Axis Bank added bridge fees, road fees and tolls to the spends that earn nothing. Separately, gift card purchases move out of the Wallet spend category into a new Gift Card category; they already earned no rewards, and they continue to be excluded from spend-based fee waivers and milestone thresholds.
Verification: Axis Bank ↗ · Confidence: High
2025
- ▼ LoungeEffective 20 Jun 2025
Complimentary domestic lounge access withdrawn
4 complimentary domestic lounge visits/year→None
On the same 20 June 2025 revision, the 4 complimentary domestic airport lounge accesses were discontinued entirely, completing the card's shift from a lifestyle card with travel perks to a pure shopping-rewards card.
Verification: Axis Bank ↗ · Confidence: High
- ▼ RewardEffective 20 Jun 2025
Unlimited 5% ends — ₹4,000/quarter caps added; Myntra raised to 7.5%
Unlimited 5% on Flipkart & Cleartrip; 1% on Myntra→5% Flipkart & 5% Cleartrip each capped ₹4,000/quarter; Myntra 7.5% capped ₹4,000/quarter
Effective 20 June 2025 the uncapped 5% ended: Flipkart and Cleartrip each keep 5% but capped at ₹4,000 per statement quarter, while Myntra was raised from 1% to 7.5% (also capped ₹4,000/quarter). Excluded categories are now identified by spend-category name (Utility, Rent, Wallet, etc.) rather than 4-digit MCC. Each merchant carries its own ₹4,000 ceiling — the surpluses are held separately and never pooled between Flipkart, Myntra and Cleartrip — so the ceiling is near ₹16,000 a year per merchant, against the previously uncapped upside.
Verification: Axis Bank ↗ · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Source: <a href="https://cardadvisor.in/cards/axis-flipkart#value-timeline">Axis Bank Flipkart Credit Card value timeline</a>, CardAdvisor (CC BY 4.0).
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