Flipkart Axis Bank Credit Card
Axis Bank · Mastercard
Why this card?
- 7.5% cashback on online shopping at Myntra, up to ₹1,333 a month; 1% on other spends
- ₹500 joining and annual fee; renewal fee waived on ₹3.5 lakh yearly spend
- 1% fuel surcharge waiver
Card details
- Issuer
- Axis Bank
- Network
- Mastercard
- Annual Fee
- ₹500
- Joining Fee
- ₹500
- Reward Type
- cashback
- Best Reward Rate
- 7.5% on online shopping at myntra (capped at ₹1333/month)
- Forex Markup
- 3.5%
- Domestic Lounge
- None
- Min. Monthly Income
- ₹15,000
- Rates verified
- 2026-10-06
Our verdict
The Flipkart Axis card is the obvious pick for regular Flipkart and Myntra shoppers — 7.5% cashback on Myntra and 5% on Flipkart and Cleartrip (each capped at ₹4,000 a quarter) is genuinely rare. 4% unlimited cashback on preferred merchants rounds it out. Lack of lounge access and 3.5% forex markup keep it strictly as a domestic-use card.
Pros
- 7.5% cashback on Myntra and 5% on Flipkart and Cleartrip — capped at ₹4,000 a quarter per merchant
- 4% unlimited cashback on preferred merchants
- 1% unlimited base cashback on other eligible spends
- 1% fuel surcharge waiver
- Annual fee waived at ₹3.5 lakh spend
Cons
- No lounge access — even budget cards are starting to offer this
- 3.5% forex markup — not for international use
- Only 1% on Amazon and other platforms — pick category-specific cards for those
- Benefits thin outside Flipkart/Myntra ecosystem
Frequently Asked Questions
Is the 5% Flipkart cashback capped?
No — unlike some competitor cards, the 5% on Flipkart and Myntra has no monthly cap. You earn 5% on every rupee spent on these platforms, making it especially valuable for large purchases.
Does Myntra count for the 5% rate?
Yes. Myntra is owned by the Flipkart Group and is explicitly included in the 5% cashback tier. All purchases on both Flipkart.com and Myntra.com earn 5%.
When is cashback credited?
Cashback is credited to your Axis Bank credit card account within 2–3 business days of the transaction posting. It appears as a statement credit reducing your outstanding balance.