Last Updated: October 7, 2026
Introduction
The Flipkart Axis Bank Credit Card is a cashback-focused credit card designed mainly for customers who frequently shop online and use platforms such as Flipkart and Myntra. The card also provides cashback on eligible Cleartrip transactions, selected Preferred Merchants and other eligible spending categories.
The biggest attraction of this card is its straightforward cashback structure. Eligible transactions can earn cashback at different rates, and the cashback is credited to the credit card statement.
However, the headline cashback rates should not be viewed in isolation. Cashback can be subject to quarterly limits, transaction exclusions, merchant-category classification and other terms.
This guide explains the latest Flipkart Axis Bank Credit Card benefits, cashback rates, fees, charges, eligibility, exclusions, advantages and disadvantages in 2026.
If you’re exploring credit cards, you should also understand how to manage your payments smartly. Check out our detailed guide on Credit Card Full Payment vs Minimum Due to avoid costly mistakes.
Flipkart Axis Bank Credit Card: Key Features in 2026
| Feature | Current Details |
|---|---|
| Card Issuer | Axis Bank |
| Card Type | Cashback Credit Card |
| Joining Fee | ₹0 under the current limited-period offer |
| Annual Fee | ₹500 from the second year |
| Annual Fee Waiver | Eligible annual spends above ₹3.5 lakh |
| Myntra Cashback | 7.5% |
| Flipkart Cashback | 5% |
| Cleartrip Cashback | 5% |
| Preferred Merchants | 4% |
| Other Eligible Spends | 1% |
| Fuel Surcharge Waiver | 1%, subject to applicable conditions |
| Finance Charges | 3.75% per month / 55.55% per annum |
| Cashback Credit | Credit card statement |
The cashback rates, fees and other benefits are subject to the latest Axis Bank terms and conditions. The bank’s current product information reflects terms updated in August 2026.
What Is Flipkart Axis Bank Credit Card?
The Flipkart Axis Bank Credit Card is a co-branded credit card issued by Axis Bank.
It is particularly focused on customers who spend regularly on online shopping and selected partner platforms. The card combines higher cashback on specific merchants with a lower cashback rate on other eligible transactions.
One of the major advantages of the card is that the cashback is credited to the credit card statement. This makes it relatively simple for users who prefer direct cashback instead of collecting and redeeming complicated reward points.
However, the card is not necessarily suitable for everyone. Its actual value depends largely on where you spend your money.
If you are still deciding between using a debit card or a credit card for your regular spending, our detailed guide on Debit Card vs Credit Card can help you understand the major differences.
Flipkart Axis Bank Credit Card Cashback in 2026
The current cashback structure is one of the most important features of this card.
Eligible spending can earn different cashback rates depending on the merchant or category.
The current structure includes:
7.5% cashback on eligible Myntra transactions
5% cashback on eligible Flipkart transactions
5% cashback on eligible Cleartrip transactions
4% cashback on eligible Preferred Merchant transactions
1% cashback on other eligible transactions
The higher cashback categories are subject to applicable conditions and limits.
7.5% Cashback on Myntra
Eligible Myntra spending currently earns 7.5% cashback.
The cashback is capped at ₹4,000 per statement quarter.
For example, if you make ₹20,000 of eligible Myntra purchases:
₹20,000 × 7.5% = ₹1,500 cashback
Similarly, ₹40,000 of eligible spending would theoretically generate ₹3,000 cashback.
Once the applicable quarterly cashback limit is reached, additional eligible spending will not continue earning cashback at the same rate during that statement quarter.
Therefore, the 7.5% rate should not be interpreted as unlimited cashback on all Myntra spending.
5% Cashback on Flipkart
Eligible Flipkart transactions currently earn 5% cashback.
The maximum cashback under this category is ₹4,000 per statement quarter.
For example:
₹20,000 eligible Flipkart spending × 5% = ₹1,000 cashback
₹50,000 eligible Flipkart spending × 5% = ₹2,500 cashback
₹80,000 eligible Flipkart spending × 5% = ₹4,000 cashback
Therefore, once the applicable quarterly limit is reached, additional spending will not generate further cashback at the 5% rate during that period.
5% Cashback on Cleartrip
Eligible Cleartrip transactions can earn 5% cashback, with a maximum cashback of ₹4,000 per statement quarter.
This can make the card useful for customers who regularly use Cleartrip for eligible travel bookings.
However, before making a large travel transaction, it is sensible to check the latest cashback terms and the eligibility of the particular transaction.
Travel-related offers can also change independently from the core cashback structure.
4% Cashback on Preferred Merchants
The card also provides 4% cashback on eligible transactions with Preferred Merchants.
The important point here is that the list of Preferred Merchants is subject to the bank’s applicable terms and can change.
Therefore, you should not assume that a particular merchant will permanently remain in the 4% cashback category.
Always check the latest list and terms before making a large purchase specifically to earn 4% cashback.
1% Cashback on Other Eligible Transactions
Other eligible merchant transactions can earn 1% cashback.
However, this does not mean that every transaction made using the card will automatically qualify for 1% cashback.
Several categories and transaction types are excluded from cashback.
Therefore, it is important to understand the exclusions before calculating the expected cashback from this card.
Flipkart Axis Bank Credit Card Cashback Structure at a Glance
| Category | Cashback | Applicable Limit |
|---|---|---|
| Myntra | 7.5% | ₹4,000 per statement quarter |
| Flipkart | 5% | ₹4,000 per statement quarter |
| Cleartrip | 5% | ₹4,000 per statement quarter |
| Preferred Merchants | 4% | Subject to applicable terms |
| Other eligible transactions | 1% | Subject to applicable terms |
These rates are based on the current Axis Bank cashback terms and may change in the future.
What Is a Statement Quarter?
The term statement quarter is important because the higher cashback categories have quarterly limits.
A statement quarter should not automatically be assumed to mean the normal calendar quarters of January–March, April–June, July–September and October–December.
Your statement cycle can determine the applicable period.
Therefore, if you are planning your spending specifically to maximise cashback, check your individual credit card statement cycle and the applicable Axis Bank terms.
How Is Cashback Credited?
The cashback earned on eligible transactions is credited to the credit card statement.
This is one of the simpler aspects of the card because you generally do not have to manually redeem a separate collection of reward points.
However, the actual cashback crediting process remains subject to the bank’s applicable terms and transaction eligibility.
Flipkart Axis Bank Credit Card Fees and Charges 2026
Understanding the fees is just as important as understanding the cashback.
The current fee structure includes a limited-period joining-fee offer, an annual fee from the second year and various transaction-related charges.
The exact charges applicable to an individual customer should always be checked before applying or making a transaction.
Joining Fee
Axis Bank’s current product page shows a ₹0 joining fee under a limited-period offer.
This is important because promotional offers can change.
Therefore, do not rely on an old article or advertisement that says the card is permanently free.
Before completing your application, check the joining fee displayed on the official Axis Bank application page.
Annual Fee
The current annual fee is ₹500 from the second year onwards.
Axis Bank states that this annual fee can be waived when eligible annual spending exceeds ₹3.5 lakh.
This means customers who naturally spend above the required threshold may be able to avoid the annual fee.
However, you should not spend unnecessarily just to achieve a fee waiver.
Annual Fee Waiver: Important Point
Not every type of transaction necessarily counts towards the annual-fee waiver calculation.
For example, certain rent and wallet-load transactions are excluded from the eligible spending calculation.
Therefore, a person should not assume that simply moving ₹3.5 lakh through the card will automatically qualify for the annual-fee waiver.
The applicable Axis Bank terms should be checked when calculating eligible annual spending.
Welcome Benefits
Axis Bank currently advertises activation-related benefits worth ₹350, subject to the applicable conditions.
The exact welcome benefits can vary depending on the offer available at the time of application.
Some promotional welcome benefits may also have separate eligibility requirements.
Therefore, always check the final offer shown during the application process instead of relying on a previously published welcome-offer amount.
Fuel Surcharge Waiver
The card provides a 1% fuel surcharge waiver, subject to the applicable transaction conditions.
The current product information specifies qualifying fuel transactions within the applicable transaction range and a maximum waiver per statement cycle.
An important point is that fuel transactions do not earn regular cashback under the current cashback terms.
Therefore, the fuel benefit should be viewed as a surcharge waiver rather than a cashback benefit.
EMI Facility on Flipkart Purchases
Eligible Flipkart purchases above ₹2,500 can be considered for EMI conversion, subject to applicable terms and the bank’s process.
EMI can be useful for a large purchase when you genuinely need to spread the payment over several months.
However, always check the total cost before converting a transaction into EMI.
Look at:
- Interest charges
- Processing fee
- GST
- Total repayment amount
- No-cost EMI conditions, if applicable
A lower monthly payment does not necessarily mean a lower total cost.
Wednesday Delight and Promotional Offers
The card may also provide additional promotional offers through selected merchants.
Axis Bank currently lists Wednesday-related offers involving selected brands and services.
These promotional benefits should not be treated as permanent card features because their discount, validity, minimum purchase requirement and maximum benefit can change.
Always check the latest offer terms before making a purchase specifically for a promotional discount.
Transactions That May Not Earn Cashback
This is one of the most important things to understand before applying for the card.
The headline cashback percentage does not apply to every type of transaction.
Depending on the applicable terms, cashback exclusions can include categories such as:
- Fuel
- Utility payments
- Telecom
- Insurance
- Rent
- Wallet loading
- Government services
- Financial services
- Educational services
- Jewellery and certain similar categories
- EMI transactions
- Cash advances
- Credit-card bill payments
- Certain fees and charges
Merchant-category codes can also affect cashback eligibility.
Therefore, when calculating the expected annual cashback, use only transactions that are genuinely eligible under the latest Axis Bank terms.
Credit Card Interest Rate
The current finance charge listed for the card is 3.75% per month, equivalent to 55.55% per annum.
This is one of the most important numbers to understand.
A credit card should ideally be used as a payment method rather than a long-term borrowing facility.
If you carry an unpaid balance from one billing cycle to another, the interest cost can become much larger than the cashback you earn.
For this reason, paying the total amount due before the due date is one of the best ways to use a cashback credit card responsibly.
Paying only the Minimum Amount Due can keep your account from becoming immediately overdue, but it can also lead to significant interest costs. For a detailed comparison, read our guide on Credit Card Full Payment vs Minimum Due.
Late Payment Charges
The current fee structure provides different late-payment charges depending on the total amount due.
| Total Amount Due | Late Payment Fee |
|---|---|
| Less than ₹500 | Nil |
| ₹501–₹5,000 | ₹500 |
| ₹5,001–₹10,000 | ₹750 |
| ₹10,001–₹50,000 | ₹1,200 |
| Above ₹50,000 | ₹1,300 |
Additional charges can apply under specified circumstances when the Minimum Amount Due remains unpaid across consecutive billing cycles.
The safest approach is to avoid relying on the Minimum Amount Due and instead pay the total statement amount whenever financially possible.
If you want to understand how the Minimum Amount Due works in practice and why paying only the minimum can become expensive, you can also read our detailed guide on SBI Credit Card Minimum Due.
Other Important Charges
Apart from the annual fee and late-payment charges, the card can have several other transaction-related fees.
These can include charges relating to:
- Cash withdrawals
- Foreign currency transactions
- Rent payments
- Wallet loading
- Utility transactions
- Education payments through specified channels
- Over-limit usage
- Returned payments
- Other card-related services
The exact charge depends on the transaction type and the current Axis Bank schedule of charges.
Because such charges can change, users should check the latest fee schedule before making unusual or high-value transactions.
Who Should Consider the Flipkart Axis Bank Credit Card?
This card can be worth considering if you frequently shop on Flipkart or Myntra and can make good use of the higher cashback categories.
It may also suit customers who use Cleartrip, selected Preferred Merchants and other eligible categories regularly.
The card can be particularly useful for someone who:
- Shops regularly on Flipkart
- Shops regularly on Myntra
- Uses Cleartrip for eligible bookings
- Prefers direct cashback
- Wants a relatively simple reward structure
- Can pay the total credit card bill every month
- Can naturally reach the annual-fee waiver threshold
Who Should Avoid This Credit Card?
The card may not be the best choice if you rarely use Flipkart or Myntra.
It may also provide limited value if most of your spending falls into categories that do not earn cashback.
You should also reconsider the card if you frequently carry credit-card balances and pay interest.
Similarly, applying only because of a temporary welcome offer may not be a good reason to get the card.
A credit card should be selected according to your long-term spending pattern rather than one short-term promotion.
Advantages of Flipkart Axis Bank Credit Card
The biggest advantage is the relatively high cashback available on selected platforms.
The 7.5% Myntra cashback and 5% Flipkart and Cleartrip cashback can be valuable for users who regularly spend on these platforms.
Another advantage is the direct statement-credit approach to cashback, which can be simpler than reward-point redemption.
The possibility of an annual-fee waiver can also make the card more attractive for customers who naturally meet the spending requirement.
The fuel surcharge waiver and selected promotional offers provide additional benefits.
Disadvantages of Flipkart Axis Bank Credit Card
The biggest limitation is that the headline cashback rates do not apply to every transaction.
The higher cashback categories also have applicable quarterly caps.
The annual fee from the second year can become a cost if you do not meet the fee-waiver requirement.
The card also has a high finance charge, which means carrying an outstanding balance can significantly reduce the value of the cashback.
In addition, merchant lists and promotional benefits can change over time.
Is Flipkart Axis Bank Credit Card Worth It in 2026?
The answer depends on your spending pattern.
If you regularly spend on eligible Flipkart and Myntra transactions and pay your credit card bill in full every month, the card can provide meaningful cashback.
However, if your spending is concentrated in excluded categories, the actual cashback you receive may be much lower than the headline rates suggest.
Before applying, calculate your expected annual cashback based on your actual spending, not the maximum advertised percentage.
Also consider the annual fee after the first year and whether you can naturally qualify for the fee waiver.
Example of Potential Cashback
Suppose a customer makes the following eligible annual spending:
| Category | Annual Spending | Illustrative Cashback |
|---|---|---|
| Myntra | ₹60,000 | ₹4,500 |
| Flipkart | ₹60,000 | ₹3,000 |
| Cleartrip | ₹40,000 | ₹2,000 |
| Preferred Merchants | ₹25,000 | ₹1,000 |
| Other eligible spending | ₹50,000 | ₹500 |
The illustrative cashback in this example would be:
₹4,500 + ₹3,000 + ₹2,000 + ₹1,000 + ₹500 = ₹11,000
This is only an illustration.
Actual cashback can differ because of statement-quarter limits, excluded transactions, merchant-category codes and the applicable Axis Bank cashback terms.
How to Get Better Value From the Card
The simplest way to maximise the value of this card is to use it where you can actually earn the higher cashback rate.
Keep track of your statement-quarter cashback limits so that you understand when a category has reached its applicable cap.
Avoid using the card for transactions that are excluded from cashback unless there is another reason to use the card.
Most importantly, pay the total credit-card bill on time.
There is little benefit in earning cashback if you subsequently pay a much larger amount as credit-card interest.
Should You Use This Card for EMI?
EMI can be useful for a large purchase when you need to spread the payment.
However, you should not choose EMI merely because the monthly payment appears affordable.
Before selecting EMI, calculate the total amount that you will pay after including interest, processing charges and applicable taxes.
If you can comfortably pay for the purchase without EMI, paying the full amount may be financially simpler.
If you are confused about the difference between a regular credit card and an EMI-focused card, our guide on Credit Card vs EMI Card explains the key differences, costs and use cases.
Flipkart Axis Bank Credit Card vs Other Cashback Cards
There is no single credit card that is best for every customer.
The Flipkart Axis Bank Credit Card can be attractive for someone whose spending is concentrated on Flipkart, Myntra and other eligible partner categories.
Another cashback card may be better for someone who spends more on groceries, utilities, dining, travel or other categories.
Therefore, when comparing this card with another credit card, look at your actual spending pattern.
Compare:
- Effective cashback
- Annual fee
- Fee-waiver requirement
- Cashback limits
- Exclusions
- Welcome benefits
- Other transaction charges
- Interest rate
The card with the highest advertised cashback rate is not necessarily the card that provides the highest real-world savings for you.
If you are comparing different credit cards based on cashback, annual fees and rewards, you may also want to explore our detailed guide to the Best Credit Cards in India 2026 before making a final decision.
What to Check Before Applying in 2026
Before applying for the Flipkart Axis Bank Credit Card, check the following:
- Current joining fee
- Current annual fee
- Annual-fee waiver requirement
- Current cashback rates
- Quarterly cashback limits
- Preferred Merchant list
- Cashback exclusions
- Welcome benefits
- Interest rate
- Other transaction charges
- Eligibility criteria
- Final terms shown during application
Credit-card terms can change, so the latest information displayed by Axis Bank should always take priority over an older article.
Before applying for any new credit card, it is also important to understand your credit profile and how your credit score can affect your chances of approval and future borrowing.
Flipkart Axis Bank Credit Card: What to Know for 2027
The current information in this article is based on the card’s 2026 terms.
It would not be appropriate to assume that the same cashback rates, fees or promotional offers will definitely continue throughout 2027.
Axis Bank may change cashback rates, merchant categories, annual fees, fee-waiver conditions, welcome benefits or transaction charges.
Therefore, if you are applying in 2027, check the latest official Axis Bank terms before making your decision.
The most important things to verify will be the cashback rates, quarterly limits, annual fee, fee-waiver threshold, exclusions and welcome offers.
If you are specifically looking for another popular cashback-focused option for online shopping, you can also compare this card with the Amazon Pay ICICI Credit Card.
Frequently Asked Questions
Is Flipkart Axis Bank Credit Card free in 2026?
Axis Bank’s current product page shows a ₹0 joining fee under a limited-period offer. The card has an annual fee of ₹500 from the second year, subject to the applicable fee-waiver conditions.
What is the cashback on Flipkart Axis Bank Credit Card?
Eligible Flipkart transactions currently earn 5% cashback, subject to a maximum cashback of ₹4,000 per statement quarter.
What is the cashback on Myntra?
Eligible Myntra transactions currently earn 7.5% cashback, subject to a maximum cashback of ₹4,000 per statement quarter.
Does Flipkart Axis Bank Credit Card give cashback on Cleartrip?
Yes. Eligible Cleartrip transactions currently earn 5% cashback, subject to the applicable quarterly limit.
What is the annual fee of Flipkart Axis Bank Credit Card?
The current annual fee is ₹500 from the second year onwards.
Can the annual fee be waived?
Yes. Axis Bank currently states that the annual fee can be waived when eligible annual spending exceeds ₹3.5 lakh, subject to the applicable conditions.
Does every transaction count towards the annual-fee waiver?
No. Certain transactions, including specified rent and wallet-load transactions, are excluded from the fee-waiver spending calculation.
Does the card give cashback on fuel?
No. Fuel transactions do not earn cashback under the current cashback terms. However, the card provides a fuel surcharge waiver subject to applicable conditions.
Is cashback available on EMI transactions?
The current cashback terms exclude EMI transactions and certain transactions subsequently converted into EMI from cashback eligibility.
Is Flipkart Axis Bank Credit Card suitable for everyone?
No. It is most suitable for customers whose spending matches the card’s cashback categories. If you rarely shop on Flipkart or Myntra, another credit card may provide better value.
Should I get the card only because it is First Year Free?
Not necessarily. You should consider the second-year annual fee, fee-waiver requirement, cashback categories, exclusions and your actual spending pattern before applying.
Final Verdict
The Flipkart Axis Bank Credit Card can be a useful cashback credit card in 2026, particularly for customers who frequently shop on Flipkart and Myntra and can take advantage of other eligible cashback categories.
Its strongest features include:
- 7.5% cashback on eligible Myntra spending
- 5% cashback on eligible Flipkart spending
- 5% cashback on eligible Cleartrip spending
- 4% cashback on eligible Preferred Merchants
- 1% cashback on other eligible spending
- Fuel surcharge waiver
- Annual-fee waiver opportunity
- Direct cashback to the credit-card statement
At the same time, the card has important limitations. Cashback is subject to caps, exclusions and applicable merchant-category conditions.
The most important point is to use the card responsibly. If you pay the total amount due on time every month, cashback can provide genuine savings. If you regularly carry an outstanding balance, the interest cost can easily outweigh the cashback benefit.
Therefore, the Flipkart Axis Bank Credit Card is best viewed as a spending-and-cashback tool rather than a borrowing facility.
Before applying, always verify the latest Axis Bank fees, cashback rules, exclusions and promotional offers because credit-card terms can change.
Official Sources & Further Reading
For the latest fees, cashback rules and terms, readers should verify the information directly with Axis Bank before applying.
- Axis Bank – Flipkart Axis Bank Credit Card official product page
- Axis Bank – Flipkart Axis Bank Credit Card Cashback Terms & Conditions
- Axis Bank – Credit Card Terms & Conditions
- Axis Bank – Credit Card Schedule of Charges
Disclaimer: This article is for educational and informational purposes only. Credit-card fees, cashback rates, eligibility criteria, merchant categories, promotional offers and other terms may change. Always check the latest information and terms provided by Axis Bank before applying for or using the card.
For beginners, understanding basic banking is also important. Read our Complete Guide to Bank Accounts in Indiato make better financial decisions.
According to RBI guidelines, credit card users should understand interest charges and repayment terms carefully.
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