Flipkart Axis Bank Credit Card

Eligibility Criteria

Flipkart Axis Bank Credit Card: Maximum Rewards for Online Shoppers

The entire global marketplace has moved online and, therefore the shoppers these days need credit cards that return most value when used for online purchases. The Flipkart Axis Bank Credit Card is a co-branded offering that offers maximum value to frequent online shoppers, particularly those using Flipkart and its partner platforms most frequently. In this detailed guide, we will take you through the details of the card, eligibility criteria, documents that will be required, features, and benefits so that you may decide if it is just what your shopping habits and wallet need.

Card Details

The Flipkart Axis Bank Credit Card is a digital-age, rewards-driven card. Here are the details:

Issuers: Axis Bank in partnership with Flipkart

Card Type: Co-branded Rewards Credit Card

Network: Visa

Annual Fee: ₹500 + GST, waived on annual spends of ₹2 lakh or more

Joining Fee: Nil

Interest Rate: Up to 3.5% per month (42% per annum)

Cash Advance Limit: 40% of Credit Limit

Fuel Surcharge Waiver: 1% upto ₹500 per month

Eligibility Criteria

To avail the Flipkart Axis Bank Credit Card, you must be eligible based on the following factors:

1. Age: The applicant’s age should be within the range of 18-70 years.

2. Employment Status: Applicant should either be salaried or self-employed.

3. Minimum Income:

a. Salaried: ₹15,000 per month

b. Self-employed: ₹1.8 lakh per annum

4. Credit Score: A good credit score is essential for eligibility, though a minimum of 750 is preferred.

5. Residence: Applicant must be an Indian citizen.

6. Flipkart Account: While not necessary, an active Flipkart account may be helpful.

Note that even if all the above-mentioned criteria have been satisfied, approval will solely lie at the discretion of Axis Bank and Flipkart as per their internal policies and credit assessment procedures.

Documents Required

You need to provide the following documents for applying for your Flipkart Axis Bank Credit Card:

1. Identity Proof (any one):

   – Aadhaar Card

   – PAN Card

   – Voter ID

   – Passport

   – Driving License

2. Address Proof (any one):

   – Aadhaar Card

   – Passport

   – Utility Bills (electricity, water, or gas bill not older than 3 months)

   – Rental Agreement

3. Income Proof:

– Salaried Individuals:

     * Salary slips for the last 3 months

     * Form 16 or IT Returns for the last financial year

   – Self-employed Professionals:

     * IT Returns for last 2 financial years

     * Business Registration Certificate or Professional Degree Certificate

4. Recent passport-sized photograph

5. Bank statements for the last 3 months

6. Cancelled cheque leaf of your salary account (for salaried individuals)

Ensure all documents are clear, legible, and self-attested for a smooth application process.

Card Features & Benefits

The Flipkart Axis Bank Credit Card comes with various features and benefits, specifically designed for online shoppers:

1. Rewards Program:-

– Unlimited 5% cashback on Flipkart, Myntra, and 2GUD

– Unlimited 4% Cashback on spends with selected partners such as MakeMyTrip, Goibibo, Uber, PVR, Cure.fit, and more

   – 1.5% Cashback on all other spends

   – Cashback credited directly to the card account

2. Welcome Benefits:

   – 200 bonus cashback points on card activation

   – Additional ₹500 Flipkart voucher on spends of ₹10,000 within 60 days

3. Milestone Benefits:

– ₹1,000 Flipkart voucher on annual spends of ₹2 lakh

4. Travel Benefits –

   – 4% cashback on travel bookings through partner platforms

   – 1% fuel surcharge waiver up to ₹500 per month

   – Complimentary domestic airport lounge access, maximum 4 times a year

5. Entertainment Perks –

   – 4% cashback on movie ticket bookings at PVR

– Entertainment platforms with special discounts

6. Shopping Delights

   – Pre-selected access to Flipkart sales and offers

   – No-cost EMI options on Flipkart and select partner platforms

7. Dining Privileges:

   – Up to 10% discount at partner restaurants

8. Insurance Coverage

   – Air accident cover of ₹2 lakh

   – Purchase protection up to ₹50,000

9. Flexible Credit Options:

Convert big buys to easy EMIs

Balance transfer facility available

10. Digital Convenience:

Contactless payment enabled for faster transactions

Virtual card for safe and secure online shopping

Easy manage through Axis Mobile App and Flipkart App

11. 24*7 Customer Support:

Dedicated helpline for card-related queries and assistance

Card Description

This would prove to be one card for the online shopping enthusiasts, more so for frequent shoppers at Flipkart and its associate platforms. With the status of a co-branded card, this ultimate product merges Flipkart’s e-commerce expertise with Axis Bank’s banking prowess to really craft something for the digital age.

The design is clean, modern, and in the easily recognizable Flipkart blue color scheme. Not only is it pleasing to the eye, but more importantly, it will subtly remind you of the rewards to be reaped every time you swipe or make an online transaction.

At the root of this card’s appeal is its very strong cashback program. For a co-branded card, the unlimited 5% cashback on Flipkart, Myntra, and 2GUD is unparalleled. This means that heavy users who frequently shop on these platforms stand a chance to save loads over time. The 4% cashback on preferred partners stretches the value of this card beyond just Flipkart to most areas of lifestyle expenses, from travel to entertainment.

This no-nonsense rewards card distinguishes itself by awarding its rewards in cashback rather than points. None of that point valuation stuff or redemption complicating things here; the savings are credited directly to the card account and may be used for future purchases.

While the Welcome Benefits and Milestone Rewards add more value to the new cardholder to start using the card actively, the Flipkart vouchers received as part of these benefits make the card much more attractive for Flipkart shoppers.

Though the card is more inclined towards online shopping, it does not ignore the other aspects of a cardholder’s lifestyle. Benefits while traveling in the form of cashback on travel bookings, access to airport lounges, bring in a feel of premium-ness to this otherwise shopping-oriented card. The fuel surcharge waiver, though capped, comes in handy for regular drivers.

Other perks involve entertainment and dining benefits, making this card versatile so that you have a partner with you for many lifestyle needs. There are some extra sweet treats: 4% cashback on PVR bookings for movie lovers.

The zero-cost EMI option on Flipkart and a few select partner platforms may be the stand-out feature with this card. This can prove of great value in managing bigger purchases, thus helping cardholders spread their cost over time with no extra charges.

Features like contactless payments and the virtual card for online transactions actually digitize the card to create one for a digital audience of tech-savvy online shoppers. The fact that it is further integrated into the Axis Mobile App and Flipkart App makes management very easy and seamless.

Although it does have an annual fee, its price is really reasonable and can easily be waived with a modest annual spend. This will make it stay well within easy reach of most users—from young professionals making their first forays into credit cards to seasoned shoppers who want to maximize online shopping rewards.

Worth noting is that the card’s interest rate is sort of high, which is standard for most reward credit cards. As always, it is highly recommended to pay the full amount each month to avoid these interest charges and maximize the cashback benefit.

In a nutshell, Flipkart Axis Bank Credit Card has carved out a niche in the co-branded credit card category, especially for frequent shoppers on Flipkart and its subsidiary websites. Its clean cashback structure combines very well with a whole host of lifestyle benefits to make it one of the excellent choices for digitally savvy consumers. Use this card for online shopping and everyday expenses, turning regular spending into real savings with huge cashback. Be it furnishing your home, refreshing your wardrobe, or booking your next vacation, this card makes sure you’re rewarded at every step.