The Complete Guide – Benefits, Fees, Eligibility, Application & More

Credit cards have become a big part of modern spending in India — from online shopping to daily fuel expenses, travel bookings, UPI payments, and more. With India’s booming digital economy, bank-issued credit cards offer cashback, discounts, EMI, insurance benefits, and reward points that make everyday spending smarter and more rewarding.

Among the most popular options today, the Flipkart Axis Bank Credit Card stands out as a powerful cashback card for online shoppers, especially those who frequently use Flipkart, Myntra, Swiggy, and other partner merchants.

This detailed guide covers everything you need to know — features, fees, documents, how to apply, benefits, FAQs, and a comparison with other popular credit cards in India.

🟦 Introduction

What Is a Credit Card?

A credit card is a financial tool that allows you to make purchases now and pay later. Banks provide a credit limit based on your income and credit profile, and you can use the card for:

Shopping
Bill payments
Online purchases
Travel bookings
Fuel & utility payments
UPI-based payments (on RuPay cards)

You get up to 45–50 days of interest-free period if you pay the bill on time.

Why Indian Bank Credit Cards Are Popular

Indian credit cards are becoming mainstream due to:

✔ Growing online shopping habits
✔ UPI + credit card integration
✔ Reward points & cashback
✔ Discounts on e-commerce apps
✔ Easy EMI conversion
✔ Lifestyle benefits like airport lounge access
✔ Higher acceptance across India

With 100M+ credit card users in 2025, India is one of the fastest-growing credit card markets globally.

🟦 Types of Credit Cards in India

India offers various types of credit cards to suit different spending habits:

1. Shopping Credit Cards

Ideal for online/offline shopping with cashback or discounts.

2. Travel Credit Cards

Offer lounge access, air miles, flight discounts (e.g., HDFC Regalia).

3. Fuel Credit Cards

Give fuel surcharge waiver + reward points on fuel spends.

4. Cashback Credit Cards

Simply earn cashback on all transactions (Flipkart Axis Bank Card belongs here).

5. Co-Branded Cards

Partnered with brands like Flipkart, Amazon, IRCTC, Vistara, etc.

6. Lifetime-Free Cards

Cards with Zero joining or annual fees.

🟦 About Flipkart Axis Bank Credit Card

The Flipkart Axis Bank Credit Card is a co-branded cashback card offering high cashback on:

Flipkart
Myntra
Swiggy
Cleartrip
PVR
Uber

It is one of the best cashback cards in India for smart online shoppers.

🟦 Eligibility Criteria (Flipkart Axis Bank Credit Card)

To apply for this card, you must meet the following:

Age: 18–70 years
Income: Minimum ₹15,000 monthly (varies by city)
Employment: Salaried or Self-employed
Credit Score: 700+ preferred
Nationality: Indian resident

Banks may verify employment stability and repayment history.

🟦 Required Documents (KYC)

Axis Bank accepts standard KYC documents:

Identity Proof

Aadhaar Card
PAN Card
Passport
Voter ID
Driving License

Address Proof

Aadhaar
Utility bill
Rent agreement
Passport

Income Proof

Last 3 months’ salary slips
Last 3–6 months’ bank statements
ITR for self-employed

🟦 How to Apply for Flipkart Axis Bank Credit Card

🟣 1. Online Application Process (Fastest)

Visit the Axis Bank website or Flipkart credit card page.
Enter your name, mobile number, PAN, and city.
Check eligibility instantly.
Upload KYC documents.
Complete video KYC or e-KYC.
Get approved and receive a virtual credit card instantly.
Physical card arrives in 5–7 days.

⭐ Instant Virtual Credit Card

Axis Bank issues a digital version of the card immediately after approval — great for quick Flipkart shopping.

Apply Now

🟣 2. Offline (Branch) Process

Visit any Axis Bank branch.
Fill out the credit card form.
Submit KYC + income documents.
The bank verifies your details.
Approval time: 3–7 working days.

🟦 Benefits of Flipkart Axis Bank Credit Card

This is one of India’s top cashback cards. Here’s what you get:

🟣 1. Cashback Benefits

Spend Category	Cashback
Flipkart	5% cashback
Myntra	5% cashback
Swiggy	5% cashback
Preferred Partners (Uber, PVR, Cleartrip, Tata Play, etc.)	4% cashback
All Other Spends	1.5% unlimited cashback

✔ Cashback directly credited to the statement
✔ No reward points — pure cashback (easy & simple)

🟣 2. Rewards (Everyday Spending)

Even offline purchases like groceries, medical expenses, or shopping earn 1.5% cashback, which is higher than most Indian cards.

🟣 3. Fuel Benefits

1% fuel surcharge waiver
Valid at all fuel stations in India
Up to ₹400 per month limit

🟣 4. Travel Benefits

4% cashback on Cleartrip
Discounts on flight/hotel bookings
Airport lounge access for premium Axis customers

🟣 5. EMI Conversion

Any purchase above ₹2,500 can be converted to EMIs directly from the Axis mobile app.

🟣 6. Insurance Coverage

Lost card liability cover
Purchase protection
Fraud protection

🟣 7. UPI Credit Card Benefits (RuPay Variant)

Although this card is Mastercard by default, Axis Bank may offer RuPay variants in the future with:

Pay via UPI
Earn cashback on UPI spends
Wide merchant acceptance

🟦 Fees & Charges of Flipkart Axis Bank Credit Card

Fee Type	Amount
Joining Fee	₹500 + GST
Annual Fee	₹500 (waived on ₹2 lakh annual spend)
Finance Charges (APR)	3.6% per month (42.72% yearly)
Late Payment Fee	₹300–₹1200
Cash Withdrawal Fee	2.5% (min ₹500)
Overlimit Fee	3% of the overlimit amount
Foreign Transaction Fee	3.5%
Card Replacement Fee	₹100

🟦 Billing Cycle & Interest Calculation

How it works:

You get 45–50 days interest-free period.
If you pay before due date, no interest applies.
If you miss a payment, interest applies on:
- Total outstanding amount
- New purchases
- Cash withdrawals

Example:

If your bill is ₹10,000 and you pay only ₹2,000:

Remaining ₹8,000 attracts 3.6% monthly interest
New purchases also attract interest immediately

🟦 Common Mistakes to Avoid

Here are mistakes many beginners make:

❌ Paying only minimum amount
❌ Using credit card for cash withdrawal
❌ Missing due dates
❌ Overspending due to high credit limit
❌ Applying for too many cards
❌ Ignoring annual fee terms
❌ Not checking credit score regularly

🟦 Best Indian Bank Credit Cards (2025 List)

Here are top-performing cards in India 2025:

Flipkart Axis Bank Credit Card – Best for Cashback
Amazon Pay ICICI Credit Card – Best for Amazon Shopping
HDFC Regalia Gold – Best for Travel
HDFC Millennia – Best for Online Spends
SBI Cashback Credit Card – 5% Cashback on Online

🟦 Comparison Table – 2025 Best Credit Cards

Card Name	Best For	Cashback/Rewards	Joining Fee
Flipkart Axis Bank Card	Shopping (Flipkart)	5% on Flipkart	₹500
Amazon Pay ICICI	Amazon & UPI	5% Amazon, 2% UPI	Free
HDFC Regalia Gold	Travel	20 reward points	₹2500
SBI Cashback	Online Shopping	5% online	₹999
HDFC Millennia	Beginners	1–5%	₹1000

🟦 How to Choose the Right Credit Card

Pick based on your spending habits:

✔ Heavy online shopper → Flipkart Axis / SBI Cashback

✔ Amazon user → Amazon Pay ICICI

✔ Frequent traveler → HDFC Regalia Gold

✔ Want lifetime-free → AU LIT, IDFC First Classic

✔ Want premium benefits → Axis Magnus, HDFC Infinia

🟦 FAQs (Top 10 Questions)

1. Is Flipkart Axis Bank Credit Card good for beginners?

Yes, if you shop on Flipkart/Myntra/Swiggy often.

2. What is the minimum salary required?

Around ₹15,000–20,000 per month.

3. Does it offer lounge access?

Limited lounge benefits for Axis Burgundy customers.

4. Is the cashback real money?

Yes, cashback directly reduces your bill.

5. Can I convert purchases to EMI?

Yes, for transactions above ₹2,500.

6. Is the annual fee refundable?

Yes, waived on ₹2 lakh yearly spend.

7. Can I use this card for UPI?

Not yet — currently Mastercard.

8. Can students apply?

Only if they have income proof.

9. How long does approval take?

Instant online approval if eligible.

10. What if I miss a payment?

Interest + late payment fee applies.

🟦 Conclusion

The Flipkart Axis Bank Credit Card is one of the best cashback credit cards in India for 2025 — especially for people who shop frequently on Flipkart and Myntra. With 5% cashback, 1.5% on all other spends, EMI, travel benefits, fuel waiver, and simple redemption, it offers huge value for everyday use.

If your monthly shopping budget is ₹10,000–₹20,000, this card can easily save you ₹6,000–₹10,000 every year through cashback alone.

It’s affordable, practical, and perfect for smart online shoppers in India.