Flipkart Axis Bank Credit Card Vs. Myntra Kotak Credit Card (RuPay)
Flipkart Axis Bank Credit Card
Myntra Kotak Credit Card (RuPay)
Comparison of Flipkart Axis Bank Credit Card and Myntra Kotak Credit Card (RuPay)
Feature
Flipkart Axis Bank Credit Card
Myntra Kotak Credit Card (RuPay)
Annual Fee
₹500 + GST
₹500 + Taxes
Joining Fee
₹500 + GST
₹500 + Taxes
Welcome Benefits
₹350 worth of activation benefits make the first-year fee virtually negligible.
N/A
Interest Rate (APR)
N/A
N/A
Foreign Currency Markup
N/A
N/A
Key Highlights
•High Cashback on Partner Platforms
•Welcome Benefits
•Quarterly Cashback Caps
•Annual Fee Structure
•Fuel Surcharge Waiver
•Exclusive Fashion Discount
•Accelerated Value-Back
•Annual Fee Waiver
•Milestone Reward
•Network Advantage (RuPay)
Dos
Use the card on eligible merchants like Flipkart, Myntra, Swiggy, Uber and other preferred partners to maximise cashback.
Track quarterly cashback caps to plan high-value purchases within the eligible limits.
Use the card for regular online and offline purchases to earn base cashback wherever applicable.
Take advantage of available dining and lifestyle offers when provided by partner platforms.
Keep track of your annual spending if you aim for fee waivers or want to maximise value.
Use the card predominantly on Myntra to consistently achieve the highest value-back via the 7.5% instant discount
Track quarterly spending closely to ensure the ₹50,000 milestone is met to obtain the complimentary PVR movie tickets
Pay the annual fee waiver threshold of ₹2,00,000 to ensure the renewal fee is automatically waived off
Utilise the complimentary domestic lounge access when travelling, as this benefit is provided without a spending minimum
Secure all card details and enable two-factor authentication for online transactions to prevent unauthorised use
Don'ts
Do not expect cashback on excluded categories such as fuels, wallet reloads, and bill payments.
Avoid converting purchases into EMIs if you want cashback, since EMI transactions generally do not earn cashback.
Do not use the card for ATM cash withdrawals unless necessary, as they may involve separate charges and no cashback benefits.
Don't expect fuel transactions to provide cashback, as they are excluded from the benefits.
Do not assume that all transaction categories will earn cashback, as many categories are specifically excluded.
Avoid revolving credit by paying the full outstanding balance by the due date to prevent the accrual of high-interest finance charges
Do not use the card for cash advances unless it is a dire emergency, as this attracts immediate interest charges and a transaction fee
Load digital wallets or pay rent through the card if the primary purpose is to earn cashback, as these categories are typically excluded from reward accrual
Miss the minimum payment due date, as this results in significant late payment fees and a detrimental impact on the cardholder's credit history
Ignore the statement's breakdown of exclusions for cashback and milestone eligibility
