Shopping has to be done from Flipkart, this credit card will always get 5 percent cash back, know the details
If you do shopping through the e-commerce platform Flipkart, then Flipkart Axis Bank Credit Card can prove to be a great card for you. There is always an unlimited cashback of 5 percent on shopping on Flipkart through this co-branded credit card.
This card was first launched in association with Mastercard. But due to the ban on MasterCard in India, it has now been made available on the Visa platform. This means that the card can be used at all merchant outlets or online platforms that accept Visa cards.
No Capping on Cashback
The biggest feature of the Flipkart Axis Bank Credit Card is that there is no capping on cashback. Meaning you can get unlimited cashback in one billing cycle. Cashback earned in the current billing cycle is credited to the credit card account 3 days before the next billing date. This cashback is available in addition to the offers running on Flipkart.
Card’s Special Features
>> Get 5 percent unlimited cash back on purchases made on Flipkart and Myntra using this card.
>> Get 4 percent cashback on Cleartrip, PVR, Uber, Swiggy, Cure Fit, Tata 1mg, and Tata Sky spends using this card >>
Get 1.5 percent unlimited cash back on other online or offline payments.
>> No cashback is available on any e-wallet load, fuel expenditure, etc.
>> Cardholder gets 4 free airport lounge access throughout the year.
>> Fuel surcharge of 1% will not be payable on payment of fuel purchases of Rs 400 to Rs 4,000 at petrol pumps using this card. Fuel surcharge can be waived up to a maximum of Rs 500 in one billing cycle.
>> This card is equipped with contactless technology, which also provides the facility of ‘Tap and Pay’ to the customers i.e. payment can be made by simply tapping on the POS machine without swiping the card. Let us tell you that without entering a PIN, you can make payments up to Rs 5000 with a contactless card.
Card Charges
>> The joining fee of this card is Rs 500.
>> The annual fee of this card is Rs.500. However, the annual fee is reversed after spending Rs 2 lakh in a year.
Eligibility for the card
1. Salaried or self-employed person can take this card.
2. A salaried person earning at least 15 thousand rupees per month or a self-employed person earning at least 30 thousand rupees per month can apply for this card.