Axis MyZone Credit Card

About Axis Flipkart Credit Card

If you find yourself frequently scrolling through Flipkart for your monthly shopping or ordering from Swiggy on weekends, the Axis Flipkart Credit Card is built for you. This card is one of the most popular co-branded credit cards in India, and for good reason. It offers a straightforward cashback system where you get money back directly into your statement without the hassle of managing complex reward catalogues. With a 5% cashback on Flipkart and Cleartrip and a 4% cashback on partners like Uber and Swiggy, this card turns every purchase into a small saving.

What makes this card stand out is its simplicity. Unlike other cards where you have to worry about points expiring or finding the right product to redeem them for, this card works on an automatic cashback model. Whether you are buying a new smartphone on Flipkart or booking a flight for your next vacation, the savings are clear and immediate. It is an ideal entry-level card for salaried professionals and self-employed individuals who want to maximize their lifestyle spends without paying a heavy annual fee.

Commonly asked questions

• Is Axis Flipkart Credit Card lifetime free?
  • No, this card is not lifetime free as it carries a joining fee of ₹500 and an annual fee of ₹500. However, the bank offers an annual fee waiver if you spend more than ₹3,50,000 in a year. For example, if you spend an average of ₹30,000 per month, you will hit the target and won't have to pay the ₹500 renewal fee next year.
• Is Axis Flipkart Credit Card a good credit card?
  • Yes, it is excellent for online shoppers because it gives 5% cashback on Flipkart and 4% cashback on popular apps like Uber and Swiggy. If you spend ₹10,000 on Flipkart for a mobile phone, you get ₹500 back directly in your statement. The addition of a 1% fuel surcharge waiver and 4 complimentary domestic airport lounge visits per year makes it a well-rounded choice.
• Is it a good first card for building credit?
  • It is a solid first card because the eligibility criteria are relatively accessible, requiring a minimum monthly income of ₹25,000 for salaried individuals. By using this card responsibly and paying bills on time, you can build a strong CRIF score starting from the 720 mark required for approval. This helps in getting better loans or premium cards in the future.
• Who should apply for this card?
  • You should apply if you are a frequent user of the Flipkart ecosystem, including Myntra and Cleartrip. If your monthly budget includes ₹5,000 to ₹10,000 on food delivery and commutes via Uber/Swiggy, the 4% cashback will provide significant value. It is also great for those who prefer direct cashback over reward points.
• What makes this different from other co-branded cards?
  • Unlike many co-branded cards that limit high rewards to just one brand, this card offers a tiered system: 5% on Flipkart, 4% on several ""preferred partners"" like PVR and Uber, and 1% on almost everything else. This means you earn high rewards across multiple categories like travel, dining, and entertainment, not just shopping.

Key Benefits & Features of Axis Flipkart Credit Card

Welcome Perks to Get You Started

The moment you activate your card and make your first transaction, you get a warm welcome. The card provides a ₹250 Flipkart voucher, which effectively covers half of your joining fee. Additionally, if you are new to Swiggy, you can use the code AXISFKNEW to get 50% off (up to ₹100) on your first order within 30 days. These benefits ensure that you start saving from day one.

Commonly asked questions

• How do I qualify for the welcome bonus?
  • You qualify by paying the joining fee and making your first transaction within 30 days of receiving the card. For the Swiggy offer, you must be a new user and apply the code AXISFKNEW on your first order. If you spend ₹100 on your first purchase, you satisfy the activation requirement to keep the card from being closed.
• When will I receive the welcome benefit after card activation?
  • The Flipkart voucher and other benefits are processed after you make your first transaction. Confirmation of rewards takes up to 75 days from card activation. Ensure you make a minimum transaction of ₹100 within the first 30 days to stay eligible.
• Is there a minimum transaction amount for the welcome bonus?
  • A minimum transaction of ₹100 is required within 30 days to activate the card and prevent it from being closed. Making this small purchase ensures you are eligible for the welcome benefits. For example, even a small mobile recharge of ₹100 would count as a qualifying transaction.
• What is the value of the welcome benefit?
  • The combined value of the welcome benefits is around ₹350, including the ₹250 Flipkart voucher and the ₹100 Swiggy discount. This helps offset the ₹500 joining fee significantly. If you factor in the 5% cashback you earn on that first Flipkart purchase, the card almost pays for itself in the first month.

Cashback Rewards Structure

The core strength of the Axis Flipkart Credit Card is its cashback tiers. You earn 5% cashback on Flipkart and Cleartrip, capped at ₹4,000 per merchant per statement quarter. For Myntra enthusiasts, there is an even higher 7.5% cashback (capped at ₹4,000 per quarter). For your daily needs like Uber rides or Swiggy orders, you get an unlimited 4% cashback. All other eligible spends earn a flat 1% cashback.

Commonly asked questions

• What is the standard reward rate on this card?
  • The standard reward rate is 1% on most eligible spends. However, the card is famous for its accelerated rates of 5% on Flipkart and 4% on preferred partners. If you spend ₹20,000 on general offline shopping, you'll earn ₹200 cashback.
• How much cashback do I earn per ₹100 spent on Flipkart?
  • For every ₹100 spent on Flipkart, you earn ₹5 in cashback. If you buy a laptop worth ₹50,000, your cashback would be ₹2,500. This is credited directly to your statement, making it a simple 5% discount on your purchases.
• Which transactions are excluded from earning reward points?
  • You do not earn cashback on utility bills, telecom spends, rent payments, wallet loads, insurance, or fuel. For example, if you pay a ₹5,000 electricity bill, you won't earn any cashback. Fuel is also excluded as it has its own surcharge waiver benefit.
• Do I earn cashback on Swiggy and Uber?
  • Yes, you earn an unlimited 4% cashback on Swiggy and Uber. If you spend ₹5,000 monthly on Uber rides and Swiggy orders, you will earn ₹200 back every month. Over a year, that is ₹2,400 in savings just on your daily commutes and food.
• Is there a limit on the cashback I can earn?
  • There are caps on certain categories: ₹4,000 per quarter for Flipkart/Cleartrip and ₹4,000 per quarter for Myntra. However, the 4% cashback on preferred partners like Uber and Swiggy and the 1% on general spends are unlimited. If you spend ₹1,00,000 on Flipkart in a single quarter, you would normally expect ₹5,000 cashback, but the ₹4,000 cap would apply.
• How can I redeem my reward points?
  • This is a cashback card, so there is no manual redemption process. The cashback you earn during a billing cycle is automatically credited to your credit card statement in the next month. This means if you earned ₹1,200 cashback this month, your next bill will be reduced by ₹1,200 automatically.
• Is there a fee for redeeming my reward points?
  • Redemption is automatic via statement credit, so no redemption fee applies. You do not need to place a request as the cashback is adjusted automatically in your monthly statement, ensuring a hassle-free experience without additional charges.

Travel and Lifestyle Benefits

Beyond shopping, the card offers travel savings. Every Wednesday, you can get up to 15% savings on flights and hotels via MakeMyTrip under the ""Wednesday Delight"" offer. There is also 10% off on Tira for beauty products. For those who drive, the 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000 helps save up to ₹400 every month.

Commonly asked questions

• What are the Wednesday Delight offers?
  • Every Wednesday, you get up to 15% off on MakeMyTrip for flights and hotels. You also get 10% off on Swiggy and Tira. If you book a hotel for ₹10,000 on a Wednesday, you could save up to ₹1,500 instantly.
• Does this card offer a fuel surcharge waiver?
  • Yes, it offers a 1% fuel surcharge waiver for transactions between ₹400 and ₹4,000. The maximum benefit is capped at ₹400 per month. If you spend ₹4,000 on fuel, you save ₹40 (1% surcharge), which adds up if you refill your tank multiple times a month.
• Are there any dining benefits with this card?
  • Yes, you get access to the Axis Bank Dining Delights program, which offers discounts at partner restaurants across India. Discounts typically range up to 20%, offering a great way to save when eating out. For a ₹3,000 dinner bill, a typical 15% discount would save you ₹450.

How to Apply?

Applying for the Axis Flipkart Credit Card is a straightforward digital process. You can apply through the Flipkart app, the Axis Bank website, or partner platforms. You will need to provide your basic details, income information, and complete the Video KYC (VKYC) process. A key rule to remember: your VKYC must be done within 50km of your Aadhaar or communication address, otherwise, the application might be rejected.

Commonly asked questions

• Where can I apply for this credit card?
  • The easiest way is through the Flipkart app under the 'Credit Card' section or via the Axis Bank official website. You can also use partner sites to compare and apply. The process is almost entirely paperless if you have your Aadhaar linked to your mobile number.
• How long does the approval process take?
  • Once you generate an Application ID, tracking starts within 72 hours. After a successful VKYC and document verification, the final confirmation usually happens within a few days. The card reaches your address within 7 to 10 working days after approval.
• Can I apply if I am already an Axis Bank customer?
  • Yes, you can apply. However, note that if you are currently using another Axis credit card, you might not be eligible for certain promotional rewards or the welcome bonus. It is always best to check your eligibility in the Flipkart app before starting the application.
• What happens if my Video KYC is rejected?
  • VKYC rejections happen if you are more than 50km away from your registered Aadhaar address or if the lighting/internet connection is poor. If rejected, you may have to wait for a cooling-period before applying again or visit a branch for physical verification. For example, if your Aadhaar is in Delhi but you are doing VKYC from Bangalore, your application will be rejected.

Credit Limit: What to Expect

The credit limit on your Axis Flipkart Credit Card depends on your monthly income and credit score. With a minimum salary requirement of ₹25,000, most users start with a healthy limit that covers their monthly shopping and bills. Over time, Axis Bank often offers limit enhancements based on your repayment history and usage patterns.

Commonly asked questions

• What is the average starting limit for this card?
  • Salaried individuals with a ₹30,000 income and a 750+ credit score typically receive a starting limit between ₹50,000 and ₹1,00,000. The bank determines this based on your existing debts and credit history.
• How can I increase my credit limit?
  • The best way is to use the card regularly and pay your full bill on time for at least 6 to 12 months. Axis Bank periodically reviews accounts and may offer a ""Pre-approved Limit Increase"" which you can accept via the mobile app or SMS. If you spend ₹20,000 monthly and pay it back instantly, the bank sees you as a reliable borrower.
• Does a higher income guarantee a higher limit?
  • Not necessarily. While a ₹1,00,000 monthly income helps, the bank also looks at your CRIF score. If you have a ₹1L salary but already have five other credit cards with high outstanding balances, your new limit might be lower to prevent over-leveraging.

Comparison: Axis Flipkart vs. Competitors

Choosing the right cashback card depends on where you shop the most. Let's see how the Axis Flipkart card stacks up against other heavy hitters in the market like SBI Cashback, Amazon Pay ICICI, and HDFC Millennia.

Commonly asked questions

• How does Axis Flipkart compare to SBI Cashback?
  • The SBI Cashback card is more flexible because it gives 5% on almost all online spends, not just one site. However, it has a higher annual fee of ₹999. If you mostly shop on Flipkart, the Axis card is cheaper at ₹500. But if you shop across various websites like Tata Cliq, Myntra, and small D2C brands, SBI Cashback wins.
• Which card is better: Axis Flipkart or Amazon Pay ICICI?
  • If you are a Prime member, the Amazon Pay ICICI card is unbeatable because it is lifetime free and gives 5% on Amazon. However, if you prefer Flipkart, the Axis card is the obvious choice. At ₹20,000 monthly spend, both will save you ₹1,000, but the Axis card has a ₹500 fee unless waived.
• Should I get the Axis Flipkart card for dining and travel?
  • Yes, it is better for dining than many competitors because of the 4% cashback on Swiggy and the Axis Dining Delights program. For travel, it offers 5% on Cleartrip, which is excellent. In comparison, the Amazon Pay card only gives 2% on most non-Amazon flights booked through their portal.
• Which card has the lowest annual fee among these?
  • The Amazon Pay ICICI card is the winner here as it is Lifetime Free. The Axis Flipkart card is the next most affordable at ₹500. For a casual shopper, the Amazon card is less stressful, but for a Flipkart loyalist, the Axis card's benefits easily outweigh the ₹500 fee.

Documents Required

To ensure a smooth application, keep these documents ready. Since the process is digital, scanned copies or Digilocker access will suffice.

• Identity Proof: PAN Card (Mandatory), Aadhaar Card.
• Address Proof: Aadhaar Card, Utility Bills, or Ration Card.
• Income Proof: Last 3 months' salary slips or latest ITR (for self-employed).
• Photographs: Usually taken live during the Video KYC process.

Commonly asked questions

• Is a PAN card mandatory for application?
  • Yes, a PAN card is absolutely mandatory for any credit card application in India. It is used to track your credit history and tax records. Without a PAN, the bank cannot fetch your CRIF score.
• Can I apply with just an Aadhaar card?
  • You need Aadhaar for identity and address verification, but you also need income proof like salary slips. While some existing bank customers get ""pre-approved"" offers without documents, most new users must provide proof of income.
• What income proof is needed for self-employed individuals?
  • Self-employed applicants usually need to provide their latest Income Tax Return (ITR) showing a minimum income of ₹3.5 Lakh per year. The bank may also ask for business bank statements for the last 6 months to verify cash flow.

Who Should Get This Card?

The Axis Flipkart Credit Card isn't for everyone, but it's a perfect match for specific personas:

• The Flipkart Loyalist: If you buy everything from groceries (Flipkart Minutes) to electronics on Flipkart, the 5% cashback is a no-brainer.
• The Daily Commuter: If you spend heavily on Uber, the 4% unlimited cashback will save you more than most specialized travel cards.
• The Foodie: For those who order from Swiggy multiple times a week, the 4% cashback and Swiggy welcome offers are great perks.
• The Simple Saver: If you hate calculating reward points and just want cash back in your account, this card is for you.

Bank Fee Structure

Understanding the fees is crucial to avoid unnecessary costs. While the card offers great rewards, the interest rates and penalties can be high if not managed well.

Commonly asked questions

• What are the joining fees for this card?
  • The joining fee is ₹500. This is charged in your first month's statement. For example, if you spend ₹1,000 in your first month, your total bill will be ₹1,500 plus GST on the fee.
• What is the annual or renewal fee?
  • The renewal fee is ₹500, charged every year starting from the second year. However, if you spend more than ₹3,50,000 in the previous year, this fee is waived.
• Is there an annual fee waiver based on spending?
  • Yes, spends of over ₹3.5 Lakh in a year trigger the waiver. This averages out to about ₹29,167 per month. If you use this card for all your grocery, shopping, and travel needs, hitting this target is quite simple for a middle-income household.
• What is the interest rate if I don't pay my full balance?
  • The interest rate is 3.75% per month. If you have an outstanding balance of ₹10,000, you will be charged ₹375 in interest alone for that month. It is always best to pay the ""Total Amount Due"" rather than the ""Minimum Amount Due"" to avoid these heavy charges.
• What are the late payment charges?
  • Late fees are tiered: ₹0 for balances up to ₹500, ₹500 for up to ₹5,000, ₹750 for up to ₹10,000, and ₹1,200 for anything above ₹10,000. If you miss a ₹10,001 payment by even one day, you'll be hit with a ₹1,200 fine.
• What is the Forex markup for international transactions?
  • The Forex markup is 3.5%. If you buy something worth ₹10,000 in USD, you will be charged an extra ₹350 as a currency conversion fee. This makes it a bit expensive for frequent international travelers.
• Can I withdraw cash using my credit card?
  • Yes, but it is very expensive. You are charged 2.5% of the amount or ₹500, whichever is higher. If you withdraw ₹1,000, you will be charged ₹500 as a fee. Additionally, interest starts accruing from day one of the withdrawal.
• Are there fees for paying rent with this card?
  • Yes, there is a 1% fee on rental transactions, capped at ₹1,500 per transaction. If you pay ₹20,000 in rent, you will be charged an extra ₹200 as a processing fee.
• Is there a fee for paying my bill in cash?
  • If you pay your credit card bill by visiting an Axis Bank branch and depositing cash, you will be charged ₹175 per transaction. It is much better to pay online via the Axis app or UPI for free.
• What are the charges for cheque payment of bills?
  • While processing is free, if the cheque bounces or is dishonored, you will be charged 2% of the payment amount, subject to a minimum of ₹500. For a ₹10,000 bill, a bounce would cost you ₹500 plus late fees.

BankKaro Expert Review

As a credit card expert, I've seen many co-branded cards come and go, but the Axis Flipkart Credit Card remains a top recommendation for most urban Indians. The simplicity of 5% direct cashback on Flipkart is its biggest selling point. If you spend ₹2 Lakh on Flipkart in a year, you've already saved ₹10,000. That's a significant return for a card that costs just ₹500.

However, there are two sides to every coin. The recent introduction of caps (₹4,000 per quarter) on Flipkart and Myntra cashback is a bit of a letdown for heavy spenders. If you are planning a massive home renovation and intend to spend ₹5 Lakh on Flipkart in one go, you won't get the full 5% on the entire amount. Also, the exclusion of utility and rent from rewards means this shouldn't be your only card if you want to maximize rewards on every single rupee you spend. I recommend pairing this with a utility-focused card for a complete wallet strategy.

Terms and Conditions

The fine print is where most people get caught. Here are the critical terms you should know before signing up.

• Existing Axis Bank cardholders may not be eligible for welcome rewards.
• Rewards are not applicable on the Axis Neo Credit Card.
• Minimum transaction of ₹100 is mandatory within 30 days of card issuance.
• Cashback is not earned on wallet loads, fuel, or rent payments.
• The 5% and 7.5% cashback categories have a quarterly cap of ₹4,000 per merchant.

Commonly asked questions

• Are there spending requirements to maintain the card benefits?
  • To keep the card active, you must make at least one transaction of ₹100 or more within the first 30 days. To maintain the annual fee waiver, you must spend at least ₹3,50,000 in a year. Otherwise, you will be charged the ₹500 renewal fee.
• Can I apply if I already have another Axis Bank credit card?
  • Yes, you can hold multiple Axis cards. However, the terms state that if you were or are using any Axis credit card, you might not be eligible for certain application rewards. Check your specific offer in the Flipkart app for clarity.
• What happens if I don't meet the annual spending milestone?
  • If you spend less than ₹3,50,000 in a year, the bank will charge you the ₹500 renewal fee + GST in your next anniversary statement. For example, if you spend ₹3,00,000, you will have to pay the ₹500 fee.
• What is the distance limit for Video KYC?
  • You must be within 50km of your registered Aadhaar or communication address during the Video KYC process. If the GPS on your phone shows you are further away, the application will be automatically rejected.
• How long does benefit confirmation take?
  • Once you activate the card and meet the spending criteria, it can take up to 75 days for the welcome benefits and cashback to be fully confirmed and adjusted. Usually, cashback appears in the next billing cycle.
• What is the tracking period for application rewards?
  • Tracking starts 72 hours after your Application ID is generated. If you are applying through a partner like BankKaro, make sure you don't use any other apps or windows during the process to ensure your rewards are tracked correctly.
• What happens if I close the card within 6 months?
  • Closing the card early might lead to the forfeiture of any uncredited cashback or welcome vouchers. Additionally, it could have a small negative impact on your CRIF score as it reduces your average credit age.
• Do I earn cashback on EMI transactions?
  • When you convert a purchase into an EMI, you do not earn the standard cashback. Instead, you get the benefit of lower monthly payments. For a ₹50,000 purchase, you'd have to choose between getting ₹2,500 cashback or the convenience of an EMI.