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Flipkart Axis Bank Credit Card Review

If you are a frequent online shopper, you might have come across the Flipkart Axis Bank Credit Card. This is a co-branded credit card that offers attractive rewards and benefits on online shopping, especially on Flipkart and its partner websites. But is it worth applying for? In this blog post, we will review the features, benefits, fees and charges of the Flipkart Axis Bank Credit Card and help you decide if it suits your needs and preferences.


Features of Flipkart Axis Bank Credit Card


- The Flipkart Axis Bank Credit Card is a Visa Signature card that comes with a contactless payment feature. You can simply tap your card at any NFC-enabled terminal to make payments without entering your PIN or signing a receipt.

- The card offers 5% cashback on Flipkart, Myntra and 2GUD purchases, 4% cashback on preferred merchants (such as Uber, Swiggy, PVR, etc.) and 1.5% cashback on all other spends. The cashback is credited to your card account every month and can be used to pay your outstanding balance or make purchases on Flipkart and its partner websites.

- The card also offers welcome benefits worth Rs. 3,300, which include Rs. 500 worth of Flipkart vouchers, Rs. 500 worth of Myntra vouchers, Rs. 1,500 worth of MakeMyTrip vouchers and Rs. 800 worth of Gaana Plus subscription for 6 months.

- The card also offers complimentary airport lounge access (up to 4 times per year), fuel surcharge waiver (up to Rs. 500 per month), no-cost EMI facility on Flipkart purchases and discounts on dining, entertainment and travel.


Fees and Charges of Flipkart Axis Bank Credit Card


- The Flipkart Axis Bank Credit Card has an annual fee of Rs. 500, which is waived off if you spend more than Rs. 2 lakh in a year.

- The interest rate on the card is 3.4% per month or 49.36% per annum, which is on the higher side compared to other cards in the market.

- The card also charges a late payment fee of Rs. 100 to Rs. 700 depending on the outstanding balance, an over-limit fee of 3% of the over-limit amount (subject to a minimum of Rs. 500) and a cash advance fee of 2.5% of the amount withdrawn (subject to a minimum of Rs. 250).


Pros and Cons of Flipkart Axis Bank Credit Card


Pros:


- High cashback rate on online shopping

- Welcome benefits worth Rs. 3,300

- Complimentary airport lounge access

- Fuel surcharge waiver

- No-cost EMI facility


Cons:


- High annual fee

- High interest rate

- High fees and charges

- Limited offline benefits


Conclusion


The Flipkart Axis Bank Credit Card is a good option for online shoppers who frequently shop on Flipkart and its partner websites. The card offers high cashback rate, welcome benefits and complimentary airport lounge access. However, the card also has some drawbacks such as high annual fee, high interest rate and high fees and charges. Moreover, the card does not offer much offline benefits such as reward points or cashback on other categories of spending. Therefore, you should compare the card with other options in the market and choose the one that best suits your spending pattern and lifestyle.

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