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Axis Bank

Flipkart Axis Bank

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Annual Fee

₹500

Reward Type

Cashback

Forex

3.5%

Lounge

4 dom · 0 intl

Full Spec Sheet

Normalized · Verified

Fees

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 credit1/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
⚠️ 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.

🏷️ Best For

co-brandedshopping