Flipkart Co-Branded Credit Card Launched in Partnership with Axis Bank

Following Amazon Pay ICICI Credit Card, Flipkart has now teamed up with Axis Bank and Mastercard for the launch of its first Co-branded credit card. 

Although Flipkart had earlier partnered with Axis Bank back in 2016 for the launch of the Axis Bank Buzz Credit Card, which provided terrible experience in terms of milestone benefits which you might want to read by clicking here. It would be interesting to see how this new card deals in fulfilling its promised benefits. 

As of now, we hear that this new Flipkart Credit Card will provide:

⋆ Unlimited 5% cashback on purchases made via Flipkart, Myntra, 2GUD

⋆ Unlimited 4% cashback on MakeMyTrip, Goibibo, Uber, PVR, Curefit, and UrbanClap

⋆ Unlimited 1.5% cashback on purchases made at all other retailers

Annual Fee : Rs 500 + Applicable Taxes
(Annual fee waived off on spending Rs 2 Lac on the card) 

You can expect to get hold of this card quickly as Flipkart & Axis Bank seems very aggressive to counter Amazon Pay ICICI Bank Credit Card. Hence, the card issuance procedure might be very lenient as assumed from the following words by Sanjeev Moghe (EVP & Head - Cards and Payments) wherein during the launch he said, 

"We want to be the fastest co-branded credit card to reach the 1-million-mark. We should do 1 million in a year."

I'll post a detailed review once the card is handy. Till then stay tuned to ChargePlate. 

Thanks for reading! 

PS: Citation might be required on the information provided above.