Axis Bank has just made its sought-after Flipkart Axis Bank Credit Card even more attractive by waiving the ₹500 + GST joining fee—now first year free, but only for a limited time.
Why You Should Apply Now
This cashback powerhouse offers excellent rewards for regular shoppers and service users:
- 5% cashback on Flipkart & ClearTrip (up to ₹4,000 per quarter each)
- 7.5% cashback on Myntra (up to ₹4,000 per quarter)
- 4% cashback at partner merchants like Swiggy, Uber, PVR & cult.fit
- 1% unlimited cashback on all other eligible transactions
- 1% fuel surcharge waiver on petrol purchases between ₹400–₹4,000 (max ₹400/month)
- 15% discount (up to ₹500) at participating restaurants via Axis Dining Delights
- Annual fee from year two: ₹500 + GST—but waived if you spend ₹3.5 lakh in a year
Perks & Potential Drawbacks
Pros:
- Substantial cashback rates, especially on Flipkart, Myntra, travel, food, and entertainment
- Cashback is automatically credited to your statement—no redemption hassle
- Annual fee is offset by spending threshold
Cons:
- Cashback caps apply (₹4,000 per quarter per platform), though generous for typical users
- Lounge access and some premium perks have been removed from the card since June 2025
- Only 1% on non-eligible spends
Bottom Line
Despite the recent reduction in benefits like lounge access, the Flipkart Axis Bank Credit Card remains one of the best options for online shoppers—especially those active on Flipkart, Myntra, ClearTrip, Swiggy, Uber, and PVR.
With the first-year joining fee waived, this limited-time offer makes it an excellent opportunity to grab the card now—get rewarded immediately without upfront cost.