Flipkart Axis Bank Credit Card Review 2025 – Complete Features & Hidden Terms
The Flipkart Axis Bank Credit Card is one of the most talked-about cashback cards in India. But is it really as beneficial as advertised? In this blog, we break down the real features, cashback structure, joining conditions, and hidden terms – all straight from a video explanation.
Let’s get into the point-by-point breakdown as discussed in the video.
💳 Cashback Breakdown: What You Really Get
✅ 5% Cashback on:
- Flipkart
- Myntra
✅ 4% Cashback on Partner Brands:
- Cleartrip
- PVR
- Swiggy
- Tata 1mg
- Tata Sky
✅ 1.5% Cashback:
On all other spends except the exclusions listed below.
❌ Where You Don’t Get Cashback
Axis Bank clearly states you won’t earn cashback on:
- Gift card purchases (Flipkart/Myntra)
- Wallet reloads
- Jewellery purchases
- Credit card bill payments
- Loan EMI payments
- Reversed/cancelled transactions
- Partial payments
- Outstanding bill payments
- Any type of non-retail financial services
🎁 Welcome Benefits (with Conditions)
The card promotes an ₹1100 welcome benefit, but:
| Brand | Benefit Type | Conditions |
| Flipkart | ₹500 Voucher | Spend on Flipkart within 30 days; valid for 12 months |
| Myntra | ₹500 Cashback | Spend on Myntra within 30 days |
| Swiggy | ₹100 Off (Coupon) | Received via email post-activation |
⚠️ On Myntra, you can’t combine existing discounts with the ₹500 cashback. You must choose one.
🧾 Fees & Charges
| Fee Type | Amount |
| Joining Fee | ₹500 |
| Annual Fee | ₹500 (waived on ₹2L spend/year) |
| Cash Withdrawal Fee | 2.5% of amount withdrawn |
| Overlimit Penalty | 2.5% of overused amount |
Late Payment Charges:
- ₹0 for dues < ₹300
- ₹100 for dues between ₹300–₹500
- ₹500 for dues ₹501–₹10,000
- ₹750 for ₹10,001–₹25,000
- ₹1000 for dues > ₹25,000
⛽ Fuel Surcharge Waiver
- Waiver: 1% surcharge waived
- Valid on transactions between ₹400–₹4000
- Monthly Cashback Cap: ₹100
🛫 Airport Lounge Access
Enjoy 4 complimentary domestic airport lounge visits per year.
📋 Eligibility & Documents
For Salaried Individuals:
- Latest salary slip
- 6-month bank statement
- Basic KYC
- Form 16A (mandatory)
For Self-Employed:
- Last 2 years’ ITR
- Basic KYC documents
⚠️ Overlimit Usage Warning
Avoid spending beyond your limit. If your credit limit is ₹50,000 and you spend ₹60,000, you’ll be penalized 2.5% on the overused ₹10,000 = ₹250 fee.
📝 Final Thoughts
“Most people won’t tell you the terms and conditions — but you must read them.”
This card offers good cashback on Flipkart, Myntra, and select partners. However, the fine print matters. Welcome benefits are conditional, and cashback exclusions are many.
If you’re a regular Flipkart or Myntra shopper and can manage the ₹2L yearly spend to waive the fee — this card is worth considering.
