Synopsis: Flipkart SBI vs Axis Credit Card which card gives higher cashback in 2026? In this detailed breakdown, we compare fees, rewards, cashbacks and real earnings to find out who truly pays more and which card delivers better value for frequent online shoppers.
Credit card rewards and cashback can significantly save more money than we can imagine. The spending categories like shopping, dining, and entertainment are ways in which money goes anyway. In such spendings if users get cashbacks and rewards, it reduces the total sum actually spent.
Two popular Flipkart co-branded shopping cards, namely Flipkart’s SBI and Axis Bank versions, are aimed at online shoppers in India. As their annual fee waiver kicks in at ₹3.5 lakh annual spends, comparing them at ₹3.6 lakh per year gives a clear picture of who actually pays more and who earns more rewards.
Annual Fees & Waivers
- Verdict: If you spend ₹3.6 lakh annually, both cards waive the ₹500 annual fee. So neither card pays more in fees at this spend level.
1. Flipkart SBI Credit card
- Joining Fee: ₹500 + Taxes
- Annual Fee: ₹500 + Taxes (From second Year onwards)
- Annual Fee Waiver: On a total annual spend of ₹3.5 lakh
- Best Suited For: Shopping & Travel
- Card Type: Co-branded
Benefits:
- ₹250 Flipkart Gift Card on successfully paying the joining fee
- 5% cashback on spend on Flipkart
- 12% discount on purchases made on Cleartrip
- 7.5% cashback on Myntrapurchases
- 4% cashback on Select Merchants
- 1% Cashback on all other eligible spends
- 1% Fuel surcharge waiver
If you are someone who shops heavily on Flipkart and prefers straightforward cashback without too many conditions, you can check the card details and apply for SBI Flipkart Credit Card through their official site here: – https://bitli.in/0XwRSIQ
2. Flipkart Axis Bank Credit card
- Joining Fee: ₹500 + Taxes
- Annual Fee: ₹500 + Taxes (From second Year onwards)
- Annual Fee Waiver: On a total annual spend of ₹3.5 lakh
- Best Suited For: Dining & Shopping
- Card Type: Co-branded
Benefits:
- ₹600 worth activation benefit as a welcome gift (includes ₹250 Flipkart voucher)
- 7.5% cashback on Myntra (capped at ₹4000 per quarter)
- 5% cashback on Flipkart and Cleartrip spending
- 4% cashback on Select Merchants
- 1% Cashback on all other eligible spends
- 1% Fuel surcharge waiver
- Discounts on dining with EazyDiner
- Mid-week (Wednesday) discounts on Swiggy and makeMyTrip
For shoppers who want higher capped cashback on Myntra along with dining and lifestyle benefits, you can explore and apply for Axis Flipkart Credit Card through their official site here: – https://bitli.in/Iq02Y7jg
Also Read: Is HSBC TravelOne Among the Best Travel Credit Cards in India? – Full Review
Direct Comparison On ₹3.6 Lakh Annual Spends: Flipkart SBI vs Axis
Who is the Winner?
According to the above table, for an annual spend of ₹3.6 lakh:
- Flipkart SBI Card total annual benefit is ₹14,780
- Flipkart Axis Bank Card total annual benefit is ₹19,580
Clearly, the Axis Bank variant offers higher total rewards for the same spend level. The result is influenced by a higher Myntra cashback cap, welcome benefits, and dining discounts. Even though both the cards waive the annual fee at ₹3.5 lakh spends, the Axis Bank card provides more benefits across shopping, dining, and entertainment.
Key Takeaways
- Both cards offer high cashbacks on Flipkart and Myntra, but the Axis Bank card is slightly ahead with higher capped cashback and mid-week dining discounts.
- Axis Bank card users enjoy additional perks on Swiggy, MakeMyTrip, and EazyDiner, which SBI doesn’t offer.
- The annual fee is waived for both cards once you cross ₹3.5 lakh yearly spend.
- Axis Bank’s slightly higher activation benefit adds extra value in the first year.
Final Verdict
If you want more discounts and offers on online shopping platforms like Flipkart and Myntra, and you occasionally dine out or book travel, then the Flipkart Axis Bank Credit Card clearly delivers better value at ₹3.6 lakh annual spends. SBI’s version is simpler and works well for pure Flipkart shopping, but Axis Bank’s added perks across lifestyle categories make it the smarter choice for maximum cashback and overall benefits.
Written by Kenbi Riba
