Flipkart Axis Bank vs ICICI MMT Signature
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
Flipkart Axis Bank wins 5-2. Flipkart loyalists who also use Myntra and Cleartrip ICICI MMT Signature is still the right call if makemytrip loyalists — co-branded with strong travel benefits..
Side-by-side
| Criterion | Flipkart Axis Bank | ICICI MMT Signature |
|---|---|---|
| Annual fee | ₹500 | · ₹2,500 |
| Joining fee | ₹500 | · ₹2,500 |
| Top reward rate | · 5% (shopping) | 6% (travel) |
| Base reward rate | = 1.5% | = 1.5% |
| Forex markup | · 3.5% | 2.5% |
| Welcome bonus | = ₹500 Flipkart voucher + ₹600 spend bonus on first 90 days | = ₹2,500 MMT Black holidays voucher |
| Fee waiver threshold | ₹350,000 / yr | · ₹600,000 / yr |
| Min income | ₹360,000 | · ₹800,000 |
| Min credit score | 730 | · 770 |
| Editorial rating | = 4.4/5 | = 4.4/5 |
Benefits compared
Flipkart Axis Bank
- 5% cashback on Flipkart, Myntra, 2GUD
- 4% cashback on Cleartrip, Swiggy, Uber, PVR, Cult.fit
- 1.5% cashback on every other transaction
- 4 complimentary domestic lounge visits per year
- 1% fuel surcharge waiver
ICICI MMT Signature
- 6% myCash on flight + hotel bookings via MMT
- 3% myCash on dining + grocery
- 1.5% on others
- 4 international + 4 domestic lounge visits/year
- MMT Black membership
FAQ
›Flipkart Axis Bank vs ICICI MMT Signature: which is better?
Flipkart Axis Bank wins on more dimensions (5 vs 2). But the right answer depends on your specific spending pattern — see the calculator below.
›Can I get both?
Yes — if your credit profile supports it, holding both is the optimal play. Use Flipkart Axis Bank for its best categories, ICICI MMT Signature for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
Flipkart Axis Bank: ₹500 Flipkart voucher + ₹600 spend bonus on first 90 days. ICICI MMT Signature: ₹2,500 MMT Black holidays voucher.