Flipkart Axis Bank vs Amazon Pay ICICI: Which is the Card for You?

Flipkart Axis Bank vs Amazon Pay ICICI

When thinking of e-commerce giants, Amazon and Flipkart are two prominent names that strike our minds. Not long ago, the two brands launched co-branded credit cards for their customers in collaboration with ICICI Bank and Axis Bank, respectively. Two standard features of the two credit cards include reward points and cashback on online shopping. 

One of the most significant differences is that the Amazon Pay ICICI Bank credit card has no joining or renewal fees, whereas the Flipkart Axis Bank credit card has a Rs. 500 joining/ renewal cost. Often applicants find it challenging to choose between these two cards, but don’t worry; this blog will help you clarify each of them by comparing their use cases, benefits, fees, and more.

Flipkart Axis Bank Credit Card vs Amazon Pay ICICI Credit Card

Flipkart Axis Bank’s credit card has a base cashback rate of 1.5%, a 5% cashback on shopping with Flipkart or Myntra, and a 4% cashback on shopping with other merchants (T&C applied). Alternatively, this card also provides domestic airport lounge access.   

Amazon Pay ICICI credit card has a 1% base cashback rate, a 5% cashback on Amazon for the prime members, and a 3% and 2% for non-prime Amazon users and for using Amazon Pay on partner apps, respectively.  

Pros and Cons of Flipkart Axis Bank

ProsCons
4 domestic airport lounge visitsMinimum spends of Rs. 2 Lakh to get an annual fee waiver
Fuel surcharge waiver upto 1%3.5% foreign currency conversion fees
20% discount on dining at partner restaurantsCan only convert purchases above Rs. 2,500 into EMIs
5% cashback when shopping from Flipkart, Myntra or 2GUD 
4% cashback on preferred merchants 
1.5% cashback on all other categories.   

Pros and Cons of Amazon Pay ICICI

ProsCons
Fuel surcharge waiverNo airport lounge access
15% discount on dining at partner restaurantsBiased heavily towards Amazon Prime users
No annual or renewal fees
Customers that spend money at Amazon Pay retail partners will receive a 2% cashback  (e.g., Swiggy, Bookmyshow, Yatra, and more)
Customers who shop on Amazon will receive 5% back for Amazon Prime members and 3% back for non-prime members when shopping from Amazon 

Flipkart Axis Bank Card Charges

LabelFees
Joining Fees:Rs.500
Annual Fees:Rs. 500
Interest Rate:3.4% per month

Amazon Pay ICICI Card Charges

LabelFees
Joining Fees:Nil
Annual Fees:Nil
Interest Rate:3.5% to 3.8% per month

Flipkart Axis Bank credit card vs Amazon Pay ICICI bank credit card Rewards

Flipkart Axis Bank credit card rewards

Welcome Benefits

Flipkart Axis Bank credit card charges a joining fee of Rs.500; customers get Myntra, Flipkart, and Swiggy vouchers as a welcome benefit.

Cashback

Flipkart Axis Bank credit card offers 4% cashback on shopping with preferred merchants and a 1.5% cashback on all other categories.   

Travel Benefits

The Flipkart Axis Bank Credit Card comes with four complimentary lounge visits to airport lounges across India. When combined with the 4% cashback on travel brands like Cleartrip, this benefit is a powerful combination.

Forex markup fees

3.5% foreign currency conversion fees

Milestone Benefits

An annual fee waiver is available on spending over Rs. 2 lakh in a card year.

Amazon Pay ICICI Bank credit card rewards

Welcome Benefits

There is no welcome incentive with the Amazon Pay Credit Card and no membership charge.

Cashback

Amazon Prime customers get more benefits with this card. 5% back for Amazon Prime members and 3% back for non-prime members when shopping from Amazon.in.

Travel Benefits

The Amazon Pay ICICI Bank Credit Card does not provide access to any lounges.

Forex markup fees

3.5% foreign currency conversion fees

Milestones

No milestone benefits on this card.

Who should get a Flipkart Axis Bank card?

If you’re a first-time credit card user, the Flipkart Axis Bank credit card can help you establish a credit history and raise your credit score. Those who frequently shop on Flipkart or Myntra may find the card worthwhile. This card can be used for online shopping and discounts on travel, movies, and restaurants. In addition, compared to the Amazon Pay ICICI Bank credit card, this card gets you domestic lounge access for your trips.

Who should get an Amazon Pay ICICI card?

If you’re searching for a credit card that focuses on shopping and is lifetime free, the Amazon Pay ICICI Bank credit card is a good choice. This card is more helpful for Amazon Prime members because they can easily use Amazon Pay to make payments and buy at the partnered brands. This card also provides rewards on Amazon purchases.

Flipkart Axis Bank Eligibility Criteria

Age

18-70 years

Cibil score of the applicant

750 or above

Location

Indian Resident

Documents required

  • PAN card photocopy or Form 60
  • Colour photograph
  • Latest payslip/Form 16/IT return copy as proof of income
  • Residence proof (any one of the following):
  • Passport
  • Ration Card
  • Electricity bill
  • Landline telephone bill
  • Identity proof (any one of the following):
  • Passport
  • Driving licence
  • PAN card
  • Aadhaar card

Amazon Pay ICICI Eligibility Criteria

Age

18-60 years

Cibil score of the applicant

750 or above

Location

Indian Resident

Documents required

  • Identity Proof. Passport. PAN Card. Voter’s ID Card. Aadhaar card. Driving License. Other Government Issued ID Proof.
  • Income Proof. Salary Slip (not more than 3 months old) Bank statements (not more than 3 months old)
  • Residence Proof

Conclusion

The cards, Flipkart Axis Bank credit card, and Amazon Pay ICICI Bank credit card are both beneficial if looked upon individually. In the end, it comes down to the websites and apps you use frequently. Flipkart also ties up with Axis Bank during heavy sales, which brings in an extra 10% discount plus a 5% discount for the card the users.

Amazon Pay, on the other hand, does not have any benefits for travel, or entertainment, unlike the Flipkart Axis Bank credit card. But, it is lifetime free. Due to a better universal reward rate and access to airport lounges, Flipkart Axis Bank Credit Card defeats Amazon Pay ICICI Bank Credit Card. However, before getting the card, think about where you spend the most money, on Amazon or Flipkart, then make your final decision.

FAQs

Can I shop on Amazon with a Flipkart axis card?

Yes, you can shop on Amazon with Flipkart Axis Bank Credit Card. However, you will not get any sort of accelerated cashback rates.

Is the Flipkart Axis Bank card good?

Flipkart Axis Bank is one of India’s top cashback credit cards. The card offers welcome incentives on various brands as well as money on a few of them. On Flipkart, Myntra, and other partner websites, you can get up to 5% cashback and 1.5% flat cashback on all other purchases, respectively.

Which is better – Axis or ICICI credit card?

Compared to Amazon Pay ICICI Bank Credit Card, Flipkart Axis Bank Credit Card gives superior cashback for two purposes: the base rate on the Flipkart Card is greater, and the card pays 4% cashback on approved merchants without any limits.

Which bank card is best for Flipkart?

Flipkart Axis Bank credit card is one of the top credit cards for Flipkart with 5% uncapped cashback and No-cost EMI for up to 9 months.

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