Flipkart Axis Bank Super Elite Credit Card
Card Overview
The Flipkart Axis Bank Super Elite Credit Card is specially designed for frequent Flipkart shoppers, offering great savings and benefits. Axis Bank first introduced the Flipkart Axis Bank Credit Card, which became very popular. Building on its success, the bank launched this Super Elite version to provide even better rewards for loyal Flipkart users.
This card has an affordable annual fee of ₹500 and comes with exciting perks like bonus reward points and free subscriptions to select online platforms. Instead of cashback, cardholders earn SuperCoins, allowing them to save up to 12% on purchases. These SuperCoins can be redeemed for products and vouchers on Flipkart. While it doesn’t include premium benefits like airport lounge access, it remains a great choice for those who shop online regularly. Unlike the Flipkart Axis Bank Credit Card, which offers cashback, the Super Elite version is focused purely on maximizing rewards for dedicated Flipkart users.
Card Details
- 500 SuperCoins on activation – Get 500 SuperCoins when you activate your card for the first time.
- Free YouTube Premium for 2 months – Enjoy ad-free videos and music streaming for two months at no extra cost.
- Free Gaana Plus for 3 months – Listen to unlimited music without ads for three months.
- 1-year Lenskart Gold Membership – Get exclusive discounts and benefits on eyewear purchases.
- ₹500 off on Myntra – Get ₹500 off on select items when you shop for ₹2,999 or more. This offer is valid on up to 3 transactions.
- 15% discount on domestic flights – Save up to ₹1,500 when you book domestic flight tickets through Flipkart Flights.
- Extra SuperCoins on Flipkart purchases – Earn 12 SuperCoins per ₹100 spent if you are a Flipkart Plus member and 6 SuperCoins per ₹100 if you are not.
- SuperCoins on other purchases – Get 2 SuperCoins for every ₹100 spent on all other transactions.
- 30% discount on medicines – Get 30% off on your first medicine order from Flipkart Health.
- Annual fee waiver – The yearly fee is waived if you reach the required spending amount in a year.
- 1% fuel surcharge waiver – Save on fuel expenses with a 1% surcharge waiver on fuel purchases.
Pros/Cons
What should you consider before applying for a credit card in India?
Key Considerations Before Applying for a Credit Card in India:
- Eligibility Criteria: Ensure you meet the eligibility requirements, which typically include age, income, credit score, and employment status as defined by the issuing bank or financial institution.
- Credit Score: A strong credit score can significantly improve your chances of approval and result in more favorable terms, such as lower interest rates or higher credit limits. Verify that your credit score is healthy before applying.
- Interest Rates and Fees: Compare the annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction charges associated with various cards. These costs can vary widely and impact the overall value of the card.
- Rewards and Benefits: Evaluate the rewards, cashback, discounts, or other perks offered by the card to ensure they align with your spending patterns. Some cards may provide better benefits in specific categories, such as travel, shopping, or dining.
- Credit Limit: Review the credit limit offered by the card to ensure it meets your financial needs. Avoid applying for cards with excessive limits if you are concerned about managing debt, as this can lead to higher interest charges.
- Repayment Terms: Understand the repayment structure, including the minimum payment amount, payment due dates, and any associated penalties. Being clear about these terms can help you manage payments effectively and avoid interest buildup.
- Card Type and Features: Choose a card type that matches your specific needs—whether standard, premium, or specialized cards like those offering travel rewards or dining privileges. Ensure the features of the card align with your lifestyle and spending habits.
- Bank’s Reputation: Opt for a financial institution with a proven reputation for customer service and transparency. Consider researching customer reviews and assessing their support channels to ensure reliable service.
- Hidden Charges: Be aware of any hidden fees, including annual fees, balance transfer charges, foreign transaction fees, or cash withdrawal charges. These can add up over time and affect the overall cost-effectiveness of the card.
- Credit Utilization: Maintain a balance within your credit limit to avoid high credit utilization ratios, which can negatively impact your credit score. Responsible use of credit is essential for maintaining financial health.
- Long-Term Financial Plans: Consider how the credit card fits into your overall financial strategy. Avoid accumulating unnecessary debt and choose a card that supports your long-term financial goals without adding financial strain.
- Does this card offer rewards for all purchases?
Yes, you earn SuperCoins on every ₹100 spent—12 for Flipkart Plus members, 6 for non-Plus members, and 2 for other purchases.
- How can I apply for the Flipkart SuperElite Credit Card?
Apply through the Flipkart app or website by logging into your account.
- When will I receive my SuperCoins?
SuperCoins are credited after the product’s return period ends. For multiple items, the longest return window applies. If an order is canceled, SuperCoins are reversed.
- What is the minimum age to apply?
You need to be 18 years old or older.
- Does this card offer a fuel surcharge waiver?
Yes, you get a 1% waiver on fuel surcharges at petrol pumps across India.
- Are there discounts on flight bookings?
Yes, you can save up to ₹1,500 on domestic flights and up to ₹5,000 on international flights.
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