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Axis Bank
Flipkart Axis Bank
VisaMastercardEntryCashback
💰
Annual Fee
₹500
🎁
Reward Type
Cashback
🌍
Forex
3.5%
✈️
Lounge
4 dom · 0 intl
Full Spec Sheet
Multi-source VerifiedFees
Joining Fee₹500
Annual Fee₹500(waived ≥ ₹3,50,000)
Min Monthly Income₹15,000
Rewards
Reward TypeCashback
Base Rate1.5%
Point Value₹1/point
Category Multipliers
flipkart5%cleartrip4%
Redemption Values
statement credit₹1/pt
Travel & Global
Forex Markup3.5%
Domestic Lounge4 visits/yr
Intl. LoungeNone
Lounge NetworkDreamfolks
Lounge Spend Req.₹50,000 Quarterly
India-Specific
Fuel Surcharge✓ 1% waiver
Similar Cards
⚠️ Last devaluation: August 2024
💡 Fee Waiver Strategy
Often offered LTF during sales.
⚖️ Breakeven Analysis
To recover the ₹500 annual fee at the base reward rate of 1.5%, you need to spend ₹33,334 annually.
🎯 Pro Tips
- ▸Unlimited 5% cashback on Flipkart is solid.
- ▸Devalued for other spends recently.
📊 Spend Profile Simulator
Spend Profile Simulator
Net Annual Value
+₹17,500
Effective Rate
1.5%
Ranked #35 of 173 cards#35
₹500 annual fee deducted from gross rewards value.
🏷️ Best For
co-brandedshopping