Flipkart Axis Bank Credit Card

Summary

The video discusses the Axis Bank Flipkart Credit Card, focusing on its cashback offers and application process. It outlines the key benefits - unlimited 5% cashback on Flipkart purchases, 4% on selected partners, and 1.5% elsewhere. It notes recent changes, like lower welcome benefits and fewer categories eligible for cashback. Other features like lounge access are mentioned. The second half details the application process step-by-step for salaried individuals, from entering personal details to OTP verification. Overall, it is presented as a good card for regular Flipkart shoppers, with a small joining fee, and approval taking about a week.

Takeaways

• 😊 Axis Bank Flipkart Credit Card offers 5% unlimited cashback on Flipkart purchases
• 😮 Breakup with Myntra - now 5% cashback only on Flipkart not Myntra
• 🚫 No cashback on Flipkart flights, hotels, medicines, gift cards, EMI purchases
• 💳 Welcome benefit reduced from Rs 1100 to Rs 600 after Myntra breakup
• 👍 18+ years old can apply if income criteria is met
• 💰 500 rupees annual fees, waived off on 3.5 lacs annual spends
• ✈️ Get 4 free domestic airport lounge access per year
• 🍽️ 15% discount up to Rs 500 on 10000+ restaurants via EazyDiner
• 😠 Penalty of 2.5% of outstanding amount if credit limit exceeded
• 📝 Easy online application process explained

Q & A

What is the name of the credit card being discussed?

The credit card being discussed is the Axis Bank Flipkart Credit Card.

What is the main benefit of the Axis Bank Flipkart Credit Card?

The main benefit is that you get flat 5% cashback on every product purchased from Flipkart, with no upper limit.

What changes were recently made to the features of this credit card?

Recently two changes were made - the 5% cashback is now only applicable on Flipkart and not Myntra, and cashback is no longer available on flight/hotel bookings or certain other categories like insurance payments and utility bills.

What is the welcome benefit for new cardholders?

The welcome benefit is a Flipkart voucher worth Rs. 500 and a Swiggy voucher worth Rs. 100, so a total of Rs. 600 in vouchers.

What is the minimum age to be eligible for this credit card?

The minimum age is 18 years. Anyone between 18 to 70 years of age is eligible for this card.

What are the fees associated with this credit card?

There is a one-time joining fee of Rs. 500 and an annual fee of Rs. 500. The annual fee can be waived off on spending Rs. 3.5 lacs in a year.

How can the card be applied for?

The card can be applied for online through the link provided. The application process involves providing basic personal and employment details and selecting the 'Axis Bank Flipkart Credit Card'.

What are the additional partner brands that offer cashback?

The partner brands that offer 4% unlimited cashback are Cleartrip, Cult.fit, PVR, Swiggy, Tata Play and Uber.

What transactions will not yield any cashback?

Cashback is not applicable on flight bookings, hotel bookings, medicines purchased from Flipkart, fuel purchases, gift cards, EMI transactions, education services and several other categories.

Who is eligible to apply for this credit card?

Salaried individuals between 18-70 years of age with a stable income source are eligible to apply for this card after providing the required documents.