Flipkart Axis Bank Credit Card

Axis Bank is one of the leading banks in India. Flipkart Axis Bank Credit Card is one of the various credit cards issued by Axis Bank. The Axis Bank Flipkart Credit Card, suitable for frequent online shoppers, is issued in association with Flipkart Internet Private Limited to the customer. The card can be used for all purchases, including those on Flipkart and the ones off Flipkart. The customer gets to earn unlimited cashback that is credited to his/her card account.

The Flipkart Axis Credit Card is counted among the country's top cashback credit cards for online shopping. It stands second to only the Axis Bank Ace Card that offers 2% cashback. Although it is a co-branded card, its benefits are not limited to online shopping, but extend to various categories including lifestyle, dining, entertainment and travel. A contactless card, its contactless symbol (similar to wifi sign) is visible on the card.

Flipkart Axis Bank Credit Card – An Overview

Key Features

Here are some of the key features of the Flipkart Axis Bank Card:

• Welcome Benefits (Activation Offer): The customer receives a Flipkart voucher worth Rs.500 if s/he makes the first transaction within 30 days of receiving the card. The Flipkart gift card is provided by the bank to eligible cardholders through an SMS upon card activation.
• Cashback Benefits: Unlimited 5%, 4% and 1% cashback on Flipkart and Cleartrip spends, preferred merchants (cult.fit, Swiggy, Uber, PVR) and others, respectively. No cashback on fuel purchases.
• Zero Cashback on Some Transactions: The card does not give cashback benefits for some transactions such as petrol, wallet uploads, purchase of gold items, payment of card fees, cash advances, gift card purchases on Flipkart, purchases converted to EMI, and other card charges.
• Lounge Access: If you spend a minimum of Rs.50,000 in the previous quarter (3 months), you get to enjoy 1 complimentary domestic lounge access every quarter, maximum 4 in a year. However, the card does not provide access to international lounges.
• Dining Benefit: Discount up to 15% (maximum Rs.500) at over 10,000 partner restaurants through Axis Bank Dining Delights programme.
• EMI Conversion: Last but not the least, transactions above Rs.1,500 converted into easy EMIs through phone banking.

Benefits of Axis Bank Flipkart Credit Card

The particular Axis Bank Credit Card comes with a huge list of benefits for the customers. Some of these are as follows:

Interest Free Credit Period: Like several other credit cards offered, this Axis Bank credit card also offers an interest-free credit period. This counts up to 30-50 days from the date of transaction.

Spending Power: The different cashbacks provided under this card substantially increase the spending power of the customers.

Flexibility: Though the card is co-branded between Axis Bank and Flipkart, you have options in merchants to purchase from to earn rewards in the form of cashback.

Build a Credit History: Customers can use it to better their credit history, given they maintain a good credit score through regular use and timely payments.

Benefits Through Rewards: The Flipkart Axis Credit Card directly credits the cashback amounts to your credit card statement. You are thus saved from the hassles of accumulating points. This makes the reward easier to use.

Here are some factual benefits you receive as a holder of the Axis Flipkart Credit Card:

• 5% unlimited cashback for spends on Cleartrip and Flipkart.
• Unlimited 4% cashback on partners including Uber, Swiggy, Cult.fit and PVR.
• 1% cashback on all other online as well as physical purchases.
• 4 card lounge visits allowed per year across select Indian airports.
• 4% cashback on Uber rides after acceleration.
• A welcome bonus of Rs.600.
• Flipkart vouchers worth Rs.500.
• 1% fuel levy waived at all Indian petrol stations for transactions between Rs.400 and Rs.4,000.
• A 50% discount for Swiggy newcomers on their first purchase (maximum discount cap is Rs.100).

USP - Axis Bank Flipkart Credit Card

The unique selling points (USPs) of Axis Bank Flipkart Credit Card include its high cashbacks along with the lounge access provided. While unlimited 5%, 4% and 1% cashbacks are given for spends on Flipkart and Cleartrip, preferred merchants/partners, and others, respectively, 4 card lounge visits are also permitted per year across some airports of the country, given some terms are met by that time.

Additionally, welcome bonus, fuel surcharge waiver, direct cashback and some other perks also serve as USPs for the Flipkart Axis Bank Credit Card.

No-Cost EMI offered by the card on Flipkart further adds to the flexibility to make large purchases, thereby acting as one of the USPs for the Axis Bank's particular co-branded credit card.

Eligibility Criteria

Here are some of the criteria based on which you are entitled to get this card:

• The person who will serve as the primary cardholder, that is, in whose name the card will be issued, must be at least 18 years in age. S/he should also not be over 70 Years.
• The person needs to be an Indian citizen.

Documents Required

The following documents are required when applying for the Flipkart Axis Bank Credit Card:

• A photocopy of your PAN card or Form 60
• A proof of income
• A proof of residence

For income proof, you may provide your latest salary slip, Form 16, or Income Tax Returns (ITR) copy.

For residence proof, electricity bill, landline telephone bill, passport, ration card, etc may be used.

You may be asked an identity proof and a coloured photograph of yours. For the proof of identity, you may use Aadhaar card, Driving license, PAN card or your passport.

Target Customers

The Card mainly targets individuals who often use Flipkart for purchases and those who are frequent online shoppers. Besides these, it also caters to travel enthusiasts as it provides a 5% cashback on Cleartrip bookings. Individuals who seek rewards on purchases also form a significant category of customers for the Flipkart Axis Bank Credit Card.

Hence, the following can be claimed as the target customers for Flipkart Axis Bank Credit Card:

• Those loyal to Flipkart, that is, frequent users of this online shopping site
• Travel enthusiasts
• Those who frequently use the online mode for buying products
• Individuals seeking rewards on purchases made

EMI Conversion Option

When the Flipkart Axis Bank Credit Card user carries out a transaction of more than Rs.1,500, s/he has the chance to convert such big credit card purchase into Equated Monthly Instalments or EMIs. You can contact the bank for the same.

If you later cancel the EMI transaction at the merchant site, you will also have to cancel the EMI via call. This needs to be done before the first EMI is debited in order to prevent excess cashback reversal.

Fees

Take a look at various other fees and charges that are applicable with the use of Flipkart Axis Bank Credit Card

All above charges and fees are taxable as per Government norms.

Late Payment Penalties

The details for late payment penalties attached to Axis Bank Flipkart Credit Card are mentioned below in the table:

Late Payment Penalties

The details for late payment penalties attached to Axis Bank Atlas Credit Card are mentioned below in the table:

It may be noted that the Rs.100 charge will continue to remain applicable for every payment cycle till the MAD or minimum amount due is paid.

Furthermore, there is also an over limit penalty chargeable when a transaction crosses the credit limit on the card. It is charged at 2.5% of the over limit amount (minimum Rs.500).

Understanding Credit Card Billing Cycle

Credit Card Billing Cycle refers to the time period for which your credit card bill or statement is generated. The bill/statement shows all your transactions of that period made with that credit card and the complete payment you need to make within the next few days. To avoid above-mentioned late payment penalties, it is important that you make the required payment within the particular time frame, that is, before the due date.

Flipkart Axis Bank Credit Card, Miles & More Cards, Signature Cards, Ace Credit Card, and Axis Bank Freecharge Plus Credit Card are credit cards that have a fixed billing cycle.

Here are the billing cycle dates:

A billing cycle date being the 12th of a month may refer to a billing cycle of 30 days starting from 13th of the previous month. The next 20 days or so after 12th of the month (the billing cycle date) will possibly be your time period to make the required payment to avoid late fees.

Pros and Cons of Paying the Minimum Amount Due on Credit Cards

Benefits

• Avoid late fees: Paying the minimum amount due on your credit card is a way to successfully make the payment while also not pay in full. This is beneficial if you are in a lack of funds at the moment. You, at least, are saved from paying the penalties.
• Credit score: Ensuring that the payments made are in time, you can also ensure a good credit score. Credit score brings you a lot more benefits in your financial way ahead.
• Credit utilization ratio: Now that you are able to keep a good standing of your account, you are able to manage the credit utilization ratio better as well.
• A positive account status: All these points promote a healthy relationship between you and your card issuer.

Drawbacks

• Increased interest rates: This is one of the major drawbacks of paying only the minimum amount due. The remaining amount is charged additional interest rates when paying later, thereby increasing your overall repayment amount.
• Creditworthiness: While paying the minimum amount due within the given time limits, you do keep your credit score good, but not good enough. This is because paying the full amount and avoiding debt accumulation bring much more creditworthiness for the card holder.
• Enhanced financial liability: Increased debt period also increases your financial burden over a period of time. You might not be able to pay off the accumulated debt in the time being. It can impact your other financial goals too.
• Difficulty obtaining loans: Given lower creditworthiness and a higher credit utilization ratio, getting loans and credit cards in the future could be more difficult.

Availability of Add-On Card Option

The Flipkart Axis Credit Card may give the option of Add-On card/s, also known as Supplementary cards. However, both the Add-on card joining fee as well as Add-on card annual fee amount to Nil.

Rewards

• Flipkart voucher worth Rs.500 if s/he makes the first transaction within 30 days of receiving the card
• 50% discount on your first Swiggy order (a maximum of Rs.100 allowed as discount); code to be used: AXISFKNEW; however, T&Cs apply
• Activation benefits worth Rs.600

• Cashback:
  1. On Flipkart and ClearTrip: 5% cashback.
  2. On select brands/partner merchants (Swiggy, PVR, Uber, Cult.fit): 4% cashback.
  3. On other online and offline purchases: 1% cashback.
• Airport Lounge Access: Four (4) card lounge visits are allowed per year across the selected Indian airports on minimum spends of Rs.50,000 in the previous 3 months.
• Dining Benefits: 15% off up to Rs.500 is applicable across more than 10,000 partner restaurants across the country with EasyDiner.
  1. EazyDiner Prime Member: This includes the bank discount of 15% off up to Rs.500, in addition to membership discount and restaurant offer (if applicable)
  2. EazyDiner Non-Prime Member: This includes the bank discount of 15% off up to Rs.500, in addition to restaurant offer (if applicable)
• Fuel Surcharge Waiver: 1% (maximum Rs.400) is waived off on fuel purchases all across the country, given the transactions are between Rs.400 and Rs.4,000. Note that the GST charges on fuel surcharge is non-refundable.
• Mid-Week Deals: Every Wednesday, you get to enjoy some tempting offers. These include:
  1. 10% off on purchases from Swiggy and Amazon Fresh
  2. Instant savings up to 15% on hotels and flights via Makemytrip and Goibibo
  3. 10% off (Max. Rs.1000) on Tira
• Conversion to EMI: Along with exciting EMI offers on Flipkart, conversion of big purchase into EMIs via phone banking for transaction over Rs.1,500 is also applicable.

As said, the rewards on Flipkart Axis Bank Credit Card make it India's second-best only after Axis Bank's Ace Card.

Exclusions

There are several categories across which there are no cashback offers:

• Fuel Spends
• EMI transactions, including purchases that are converted to EMI post-facto
• Wallet loading transactions, which involve money loading into e-wallets
• Cash advances drawn using the card
• Payment of card fees and other card charges
• Purchase of gift cards on Flipkart & Cleartrip
• Purchase of jewelry
• Payment made for Government services
• Insurance premiums
• Payment of outstanding balances
• Rent payments
• Utility bill payments
• Educational services

Moreover, any transactions less than Rs.100 do not qualify for cashback.

Complimentary Membership

Complimentary lounge visits are applicable up to 4 in number per calendar year, given you spent a minimum of Rs.50,000 in a previous quarter. This is allowed only at select airports in India.

Fuel Surcharge Waiver

If you own a Flipkart Axis Bank Credit Card, you get to enjoy a 1% fuel surcharge waiver. This is applicable for all fuel stations of India. However, the fuel purchase transactions need to be Rs.400 and Rs.4,000 for you to get this benefit. Also, Rs.400 is the maximum amount you get waived off per statement cycle.

Note that the GST that was charged on fuel surcharge will not be refunded. Also, you do not get any cashback on spending on fuel transactions.

Airport Lounge Access (Domestic/International)

If you use an Axis Bank Flipkart Credit Card and are a frequent flyer, then there is a benefit for you to know. You can enjoy up to four complimentary lounge visits if you spend a minimum of Rs.50,000 in a previous quarter. The 4 lounge-access are allowed per calendar year at some selected Indian airport lounges.

As mentioned, this includes only select airports from those that are located within the country.

Golf Benefit

There is no golf membership benefit for the holders of this Card.

However, there are some other cards by Axis Bank which offer certain golf benefits for the holders of those cards. These include the Reserve Credit Card and the Select Credit Card.

MakeMyTrip Benefit

As a mid-week deal, booking hotels and flights using the MakeMyTrip gives you up to 15% off on all Wednesdays. This helps you make instant savings in the mid of a week.

It may be noted that the same offer is also applicable to Goibibo.

International Benefits

There are some international benefits of using the Axis Bank-Flipkart co-branded credit card. However, they are very limited when compared to the benefits offered by a number of other similar cards.

The main benefit of these is up to 15% off on spends made through Goibibo or MakeMyTrip for booking international hotels, holidays and cabs. There is no international lounge access available.

It is also important to note that international transactions using this Card are subject to a foreign transaction fee. This typically amounts to 3.5% of the value of the transaction made.

Forex Markup Fee

Charged on transactions made in a foreign currency, the Forex Markup fee or the foreign exchange markup fee for the Card is charged at 3.5%.

Insurance Coverage

Insurance services do not qualify for cashback.

Value for You - How Much Do You Save

The chart below shows the amount of money, or the value, you get to save in a year's time when you utilize the Flipkart Axis Bank Credit Card with several of its applicable features.

It is clear from the above table that you can save almost Rs.17,000 in a year when you use the particular Card, thereby adding to your yearly savings.

Note: The values mentioned are assumed (imaginary) and have been used only for illustrative purposes. For more precise amounts and recent updates regarding the particular card, please refer to the card issuer's official website.

Security & Fraud Protection

The bank particularly instructs its customers to be careful against the call spoofing or call number spoofing fraud, a kind of fraud used to trick people into losing their money to the fraudsters.

An impersonation scam, it can happen in the form of toll-free number spoofing or fake Google search results.

The Bank has offered some tips to its customers to help them avoid such scams:

• Use toll-free numbers mainly for receiving customer calls instead of making outgoing calls.
• Make sure that you always prefer going to the official website of the company for contact information.
• Prefer not to download unknown applications on your devices.
• Avoid blindly trusting caller ID.
• Prefer to use the Block feature as and when required.
• When trying to access the website of the bank, try the URL in the browser's address bar.
• Know that no reputable company will ask for any confidential information, especially that attached to your account.
• Lastly, never share OTPs, PINs, passwords, CCVs and other similar confidential data with others.

In case of queries or complaints, one can always reach out to the bank via their structured format available on the official website to 'Lodge a Complaint.' There you will find both their contact details along with their Grievance Redressal Policy.

Moreover, the bank is in association with the CPP Assistance Services (P) Limited to protect your cards along with important documents in case of loss, theft, or other emergencies.

Should you Consider it?

The Flipkart Axis Bank Credit Card is an entry-level credit card, good for those seeking rewards on frequent purchases from Flipkart, Cleartrip, PVR, Uber, etc.

Here are some points that make you more likely to benefit with this card:

• If you are a travel enthusiast and often prefer Cleartrip to plan the holidays.
• If Flipkart is your go-to-destination for online shopping for daily needs as well as big-ticket purchases.
• If you are new to Swiggy and looking to earn some entry benefits.
• If you do not want a credit card that requires you to make a considerable amount for the annual fee.
• Lastly, if you are looking forward to earning unlimited cashbacks by using a number of online applications, that too makes the Flipkart Axis Bank Credit Card a suitable option in credit cards to consider.

Credit Card Customer Care Number

The following table gives the numbers you can use for Axis Bank credit card-related queries:

The following contact details aim at card protection:

CPP 24-hour helpline: 6000-4000

Emergency Toll-free number: 1800-419-4000

Emergency International number: 91 921244-4000

Use the following keywords to get the specific credit card details by sending an SMS to 56161600 or +919951860002:

Tips for Responsible Credit Card Usage

Follow the below-mentioned tips to ensure that your credit card usage is responsible enough:

Limited Spending

With a credit card in hand, one is naturally tempted to spend more than usual, without having to worry about the expenses. However, because you will have to pay all of it with interest at some point of time, you need to keep a check on your purchases.

Using the Rewards

Try to make efficient use of the available offers on your Airtel Axis Bank Credit Card, as that will help you save even as you spend, earn some extra money and thus maximize the benefits you can receive.

Monitor the Credit Card

From time to time, do a check on the card's particulars. This will help you ensure that the details in your statements are correct and there has been no fraud or inaccuracy from anywhere.

Repay Within Time

Last, never let your payment due dates reach before you actually make the required payments. This is important to maintain a good credit score and creditworthiness, and also avoid extra interest charges.

Multiple Payment Options Available to Pay your Credit Card Bill

You can use any of the following means for Axis Bank Credit Card bill payment:

When paying via Axis Bank Savings Account:

• Auto Debit
• Cash/Cheque Payment
• Axis Bank Mobile Banking
• Pay at ATMs
• Axis Bank Internet Banking

When paying through other banks' saving account/s:

• NEFT or VMT
• Pay using UPI
• Online payment

FAQs

Disclaimer: Please refer to the official website of the card issuer for any updates and exact details regarding the card.

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