SBI Cashback Credit Card Vs Flipkart Axis Bank Credit Card
Last Updated : April 7, 2025, 5:22 p.m.
The SBI Cashback Credit Card and Flipkart Axis Bank Credit Card are cashback credit cards competing against each other. Each of these cards provides unique benefits designed to suit specific spending preferences. While the SBI Cashback Credit Card excels with its impressive 5% cashback on virtually all online purchases without merchant restrictions, the Flipkart Axis Bank Credit Card delivers specialized benefits for Flipkart loyalists with unlimited 5% cashback on the platform, complemented by attractive rewards at partner merchants like Swiggy and Uber. For consumers navigating between these options, understanding their distinct reward structures, annual fees, spending caps, and additional perks like lounge access becomes crucial. With the SBI card capping monthly rewards at Rs. 5,000 and the Flipkart Axis offering uncapped benefits but higher fee waiver thresholds, your ideal choice ultimately depends on your shopping preferences and monthly expenditure patterns. After you determine which card to apply for, check your credit score to understand whether you meet the standards set by the credit card issuer. You can do a free CIBIL score check on Wishfin with ease and also view your detailed CIBIL report.
Comparing the Features of Both the Credit Cards
| Parameter | SBI Cashback Credit Card | Flipkart Axis Bank Credit Card |
|---|---|---|
Joining Fee | Rs. 999 | Rs. 500 |
Annual Fee | Rs. 999 | Rs. 500 |
Annual Fee Waiver | On spends of Rs. 2,00,000 or more per year | On spends of Rs. 3,50,000 or more per year |
Welcome Benefits | None | Rs. 600 worth (Rs. 500 Flipkart voucher + Rs. 100 Swiggy discount) |
Cashback on Online Shopping | 5% on all online spends without merchant restrictions | 5% only on Flipkart, Myntra, and Cleartrip |
Cashback on Partner Merchants | Not applicable | 4% on preferred merchants (cult.fit, PVR, Swiggy, Uber) |
Cashback on Other Spends | 1% on all offline spends | 1% on all other eligible transactions |
Monthly Cashback Limit | Rs. 5,000 per statement cycle | Unlimited (no capping) |
Fuel Surcharge Waiver | 1% on transactions between Rs. 500 - Rs. 3,000 | 1% on transactions between Rs. 400 - Rs. 4,000 |
Maximum Fuel Surcharge Waiver | Rs. 100 per statement cycle | Rs. 400 per month |
Airport Lounge Access | None | 4 complimentary domestic lounge visits per year (1 per quarter) on minimum spends of Rs. 50,000 in the previous 3 months |
Dining Benefits | None | Axis Dining Delights offering 15% off up to Rs. 500 at 10,000+ partner restaurants |
Cashback Credit Method | Auto-credited to card account within 2 days of statement generation | Directly credited in statement |
EMI Benefits | Available | No-cost EMI on Flipkart for purchases with tenures of 3,6,9,12,18,24 months |
Excluded Categories for Cashback
SBI Cashback Credit Card
Cashback not applicable on:
- Merchant EMI & Flexipay EMI transactions
- Utility bills
- Insurance payments
- Fuel purchases
- Rent payments
- Wallet transactions
- School & Educational Services
- Jewelry purchases
- Railways and similar categories
Flipkart Axis Bank Credit Card
Cashback not applicable on:
- Government services
- Fuel spends
- Purchase of gift cards on Flipkart and Myntra
- EMI transactions
- Wallet loading transactions
- Cash advances
- Rental payments
- Purchase of jewelry
- Insurance payments
- Utilities and educational services
- Payment of outstanding balances
- Payment of card fees and charges
Which Card Is Better For You?
Choose SBI Cashback Credit Card if:
- You shop across multiple online platforms and want a consistent 5% cashback
- You prefer simpler cashback structures without merchant restrictions online
- You can easily meet the Rs. 2 lakh annual spend requirement for fee waiver
- Your monthly expenses are predominantly online
Choose Flipkart Axis Bank Credit Card if:
- You frequently shop on Flipkart and use Cleartrip for travel bookings
- You regularly use services like Uber, PVR, Swiggy (preferred merchants)
- You value additional benefits like airport lounge access and dining offers
- You want unlimited cashback without monthly caps
- You appreciate welcome benefits (Rs. 600 worth of vouchers)
Conclusion
The SBI Cashback Credit Card offers a more straightforward approach with generous 5% cashback on all online transactions, making it ideal for diverse online shoppers. However, its monthly cashback cap of Rs. 5,000 might limit high spenders. The Flipkart Axis Bank Credit Card provides a more lifestyle-oriented approach with tiered cashback rates across partner brands and additional benefits like airport lounge access and dining offers. While its online cashback is limited to specific platforms, it offers unlimited cashback potential and better travel benefits.
Your choice should ultimately depend on your spending patterns, preferred shopping platforms, and whether you value additional lifestyle benefits or straightforward cashback structure.
Frequently Asked Questions (FAQs)
