Flipkart Axis Bank Credit Card

XY- Axis Education
12 Jan 202414:56

Summary

TLDRThe 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

  • ๐Ÿ˜Š Axis Bank Flipkart Credit Card offers 5% unlimited cashback on Flipkart purchases
  • ๐Ÿ˜ฎ Breakup with Myntra - now 5% cashback only on Flipkart not Myntra
  • ๐Ÿšซ No cashback on Flipkart flights, hotels, medicines, gift cards, EMI purchases
  • ๐Ÿ’ณ Welcome benefit reduced from Rs 1100 to Rs 600 after Myntra breakup
  • ๐Ÿ‘ 18+ years old can apply if income criteria is met
  • ๐Ÿ’ฐ 500 rupees annual fees, waived off on 3.5 lacs annual spends
  • โœˆ๏ธ Get 4 free domestic airport lounge access per year
  • ๐Ÿฝ๏ธ 15% discount up to Rs 500 on 10000+ restaurants via EazyDiner
  • ๐Ÿ˜  Penalty of 2.5% of outstanding amount if credit limit exceeded
  • ๐Ÿ“ 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.

Outlines

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Mindmap

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Keywords

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Highlights

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Transcripts

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