Annual fee₹500+ GST
Forex markup3.5%
Interest3.75%a month
NetworkVisa / Mastercard
You earn
Perks & rules
What changed
28 Aug 2026Gift cards, tolls and road/bridge fees no longer earn rewards; late fee ₹1,300 above ₹50,000
20 Jun 2025Myntra raised to 7.5%; Flipkart and Cleartrip capped at ₹4,000 a quarter each; free lounge visits removed
Worth it?
See what it pays back on your spending, after the fee.Run the numbers
All the fine printEvery detail from the bank's documents, in one place
How you earn
Rewards asCashback
Base rate1% on other eligible spends, unlimited
Higher rates
- Myntra: 7.5% on Myntra
- Flipkart: 5% on Flipkart (website and app, not Flipkart Health)
- Cleartrip: 5% on Cleartrip
- Preferred merchants: 4% at preferred merchants (list changes; Swiggy food delivery only)
Limits
- Myntra, Flipkart and Cleartrip: up to ₹4,000 each per statement quarter
- 4% and 1%: no cap
Doesn't earn on
- Utilities and telecom, education, rent, wallet loads, government, insurance, gold and jewellery, fuel, financial institutions, cash, repayments
- EMI and purchases converted to EMI; gift cards on Flipkart and Myntra; card fees
- Gift cards, bridge fees, road fees and tolls
Where it landsTo your card account 3 days before the next statement date
What a point is worth
Value₹1 of cashback = ₹1 off your bill
ExpiryNot applicable: cashback is credited to your card
Redemption feeNone: credited automatically
Welcome benefit
Welcome₹250 Flipkart voucher on first transaction within 30 days (paid cards only); 50% off up to ₹100 on first Swiggy order
Milestones
MilestonesNone stated
Airport lounges
DomesticNone (4 visits a year discontinued from 20 Jun 2025)
InternationalNone
Fuel
Fuel1% surcharge waiver on ₹400–₹4,000 transactions, up to ₹400 a statement cycle; no cashback on fuel
Spending abroad
Forex markup3.5%
Fees
Joining feeNil (limited-period offer)
Annual fee₹500 + GST from the 2nd year
Fee waiverSpend more than ₹3.5 lakh in the year (rent and wallet loads don't count)
If you pay late
Late feeNil under ₹500; ₹500 (₹501–5,000); ₹750 (to ₹10,000); ₹1,200 (to ₹50,000); ₹1,300 above ₹50,000
Interest3.75% a month (55.55% a year)
Cash withdrawal2.5%, minimum ₹500
Who can apply
Age18–70
SalariedResident of India; income not stated
Self-employedResident of India; income not stated
More perks
Perks
- Dining Delights: discounts at partner restaurants
Sources
Everything on this page comes from these bank documents. Tap any box above for the full wording.
- Flipkart Axis Bank product page Product page · 2 Oct 2026
- Flipkart Axis Bank Cashback T&C Card T&C · 20 Jun 2025
- Axis Bank credit card T&C revision (28 Aug 2026) Change notice · 28 Aug 2026
- Flipkart Axis T&C revision (20 Jun 2025) Change notice · 20 Jun 2025
Card image: Axis Bank's own website.
