Flipkart Axis Bank Credit Card

Lounge access

• 4 complimentary domestic airport lounge access has been discontinued (effective the 20th June 2025 revision).
• Previously, complimentary domestic lounge access required minimum spends of ₹50,000 in the previous 3 calendar months (waived for newly issued cards for the issuance month plus next 3 months).

Verified · Terms & Conditions – Flipkart Axis Bank Credit Card (June 2025 revision, axis.bank.in) · 2026-08-03 · source

Forex markup

• Foreign Transaction Fee (forex markup): 3.5% of Transaction Amount.
• Dynamic Currency Conversion markup: 1.5% of Transaction Amount.

Verified · Key Fact Statement / Schedule of Charges – Axis Bank Credit Cards (covers Flipkart card, axis.bank.in) · 2026-08-03 · source

Charge

• Interest Rate: 55.55% p.a. (3.75% per month).
• Cash Withdrawal Fee: 2.5% of cash amount (Min ₹500).
• Cash Withdrawal Limit: 30% of Credit Limit.
• Late Payment Fee: Nil for outstanding < ₹500.
• ₹500 for ₹501-5000.
• ₹750 for ₹5001-10,000.
• ₹1,200 for > ₹10,000.
• Additional ₹100 on missing MAD by due date for two consecutive cycles.
• Over-limit Fee: 2.5% of over-limit amount (Min ₹500).
• Cash Payment at Branches: ₹175.
• Cheque Return/Auto Debit Reversal: 2% of payment (Min ₹500).
• Foreign Transaction Fee: 3.5%.
• DCC markup: 1.5%.
• Rent Transaction fee: 1% of each rental transaction.
• Education Transaction Fee: 1% on payments via third party apps.
• Wallet Load fee: 1% on cumulative spends of ₹10,000+ per statement cycle.
• Fuel Transaction Fee: 1% on cumulative spends of ₹50,000+ per statement cycle.
• Utility Transaction Fee: 1% on cumulative spends of ₹25,000+ per statement cycle.
• Online Skill-Based Gaming Fee: 1% on cumulative spends of ₹10,000+ per statement cycle.
• All charges exclusive of GST.

Verified · Key Fact Statement / Schedule of Charges – Axis Bank Credit Cards (covers Flipkart card, axis.bank.in) · 2026-08-03 · source

Interest-free period

Interest-free grace period ranges from 20 to 50 days, depending on the date of transaction.

Verified · Key Fact Statement / Schedule of Charges – Axis Bank Credit Cards (covers Flipkart card, axis.bank.in) · 2026-08-03 · source

Redemption value

• Cashback is credited directly to the credit card account (statement credit).
• Cashback is rounded down for each individual transaction.
• Cashback earned for purchases in the current billing cycle is credited in the next billing cycle, 3 days prior to the statement generation date.

Verified · harvested from product page · 2026-08-03 · source

Reward cap

• Maximum cashback per statement quarter per merchant: ₹4,000 on Myntra, ₹4,000 on Flipkart and ₹4,000 on Cleartrip.
• Cashback on Preferred Merchants (4%) and other eligible merchants (1%) is unlimited.

Verified · harvested from product page · 2026-08-03 · source

Reward exclusion

Verified · harvested from product page · 2026-08-03 · source

Insurance

• Complimentary insurance cover which may include Zero Lost Card Liability, Personal and Air Accident Cover, and Credit Shield.
• Covers valid only if the card was used at a Merchant Establishment or ATM at least once in the 90 days prior to the incident.
• Insurance cover may vary from card to card.

Verified · harvested from product page · 2026-08-03 · source

Eligibility

Add-on/Additional Cardmember must be an Indian resident above the age of 18 years and related to the Primary Cardmember as parent, spouse, children, or sibling (brother/sister).

Verified · harvested from product page · 2026-08-03 · source