Flipkart Axis Bank Super Elite Credit Card
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.
Rewards and Benefits
Fees & Charges
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.
Flipkart Axis Bank Super Elite Credit Card – Features, Benefits, and Review
The Flipkart Axis Bank Super Elite Credit Card is a co-branded shopping card launched by Axis Bank in collaboration with Flipkart. It is specially designed for people who shop frequently on Flipkart, Myntra, and other online platforms. With this card, you can earn rewards, get exciting welcome gifts, and enjoy discounts on your favorite shopping and travel platforms.
Reward Points and Earning Rate
One of the most attractive features of this card is its SuperCoin reward system. You can earn SuperCoins on almost every purchase, and these coins can later be redeemed for products or gift vouchers on Flipkart.
Here’s how the reward system works:
- Flipkart Plus Members: Earn 12 SuperCoins for every Rs. 100 spent on Flipkart. The maximum limit is 300 coins per transaction.
- Non-Plus Members: Earn 6 SuperCoins for every Rs. 100 spent on Flipkart. The maximum limit is 150 coins per transaction.
- Other Purchases: Earn 2 SuperCoins for every Rs. 100 spent on other transactions.
Please note that SuperCoins are not earned on EMI purchases, gift card transactions, fuel, rent payments, jewellery, or cash advances. Each SuperCoin equals Re. 1, making it easy to understand and redeem your rewards.
Welcome Benefits
The card comes with exciting welcome benefits that give you great value from day one.
- 500 bonus SuperCoins as an activation benefit.
- Free 2-month YouTube Premium trial membership.
- Free 3-month Gaana Plus trial membership.
- 1-year complimentary Lenskart Gold Membership.
These welcome gifts add extra value, helping you enjoy entertainment and shopping benefits at no additional cost.
Additional Discounts and Offers
The Flipkart Axis Bank Super Elite Credit Card offers extra savings on popular platforms apart from the regular SuperCoin rewards.
- Get up to Rs. 500 off on Myntra orders worth Rs. 2,999 or more. This offer is valid for your first three Myntra orders made using the card.
- Enjoy a 15% discount (up to Rs. 1,500) on domestic flight bookings made through Flipkart Flights.
Fees and Charges
The Flipkart Axis Bank Super Elite Credit Card is affordable and offers great value compared to many other credit cards. Below are the main fees and charges associated with this card:
- Joining Fee: Rs. 500
- Annual Fee: Rs. 500 (waived off if annual spending is Rs. 2 lakhs or more)
- Interest Rate: 3.75% per month
- Foreign Currency Markup: 3.5% of the transaction amount
- Cash Withdrawal Fee: 2.5% of the withdrawal amount, with a minimum charge of Rs. 500
The fees are minimal when compared to the benefits you get, especially if you use the card regularly for online shopping.
Spend-Based Annual Fee Waiver
If you spend Rs. 2 lakhs or more in the previous year, your annual fee of Rs. 500 will be waived. This makes it easy to enjoy all the benefits of the card without paying any yearly charges. It’s a great feature for regular users who shop frequently on Flipkart and other partner platforms.
Fuel Surcharge Waiver
Cardholders also get a 1% fuel surcharge waiver on fuel transactions between Rs. 400 and Rs. 5,000. This helps you save a little extra whenever you refuel your vehicle, making the card useful for daily expenses too.
Eligibility Criteria
To apply for the Flipkart Axis Bank Super Elite Credit Card, you must meet the following requirements:
- Age should be between 18 and 70 years.
- The applicant must have a steady and reliable income source.
- The card is available for both resident Indians and non-resident Indians (NRIs).
- A good credit score and clean financial history are required for approval.
Documents Required
To apply for the Flipkart Axis Bank Super Elite Credit Card, you need to submit the following documents. Ensure that your documents are valid and up to date for faster approval.
- PAN Card or Form 60
- Passport-size photograph
- Identity Proof: Aadhaar Card, Passport, or Voter ID
- Address Proof: Aadhaar Card, Passport, Ration Card, or latest electricity bill
- Income Proof: Latest salary slips or audited ITR
How to Apply
You can apply for the Flipkart Axis Bank Super Elite Credit Card both online and offline. If you face any issues or have questions, you can contact Axis Bank Credit Card Customer Care, and the team will guide you through the process.
- Online Application: Visit the official Axis Bank website, select the Flipkart Axis Bank Super Elite Credit Card, and click Apply Now. Fill in your details, upload the required documents, and submit the form.
- Offline Application: Visit your nearest Axis Bank branch with all necessary documents. Fill out the credit card application form and submit it to the bank representative.
Flipkart Axis Bank Super Elite Credit Card Review
The Flipkart Axis Bank Super Elite Credit Card is a great option for people who shop frequently on Flipkart, Myntra, and other online stores. With a high reward rate of up to 12 SuperCoins per Rs. 100 spent, useful welcome benefits, and additional discounts, it provides great value for everyday users. The spending-based annual fee waiver and affordable charges make it even more attractive.
While the card does not include luxury privileges like lounge access or travel rewards, it is an excellent choice for online shoppers who want simple rewards and savings. Compared to the basic Flipkart Axis Bank Credit Card, which offers cashback, the Super Elite version focuses on SuperCoins, making it the perfect card for loyal Flipkart users who want to earn and redeem rewards easily.
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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