Flipkart Axis Bank vs IDFC FIRST Select
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
IDFC FIRST Select wins 6-3. Lifetime-free with surprisingly strong reward earn rates. Flipkart Axis Bank is still the right call if flipkart loyalists who also use myntra and cleartrip.
Side-by-side
| Criterion | Flipkart Axis Bank | IDFC FIRST Select |
|---|---|---|
| Annual fee | · ₹500 | No annual fee |
| Joining fee | · ₹500 | None |
| Top reward rate | · 5% (shopping) | 10% (shopping) |
| Base reward rate | · 1.5% | 3% |
| Forex markup | · 3.5% | 1.99% |
| Welcome bonus | = ₹500 Flipkart voucher + ₹600 spend bonus on first 90 days | = 600 reward points on ₹15K spend in first 90 days |
| Fee waiver threshold | ₹350,000 / yr | · N/A (no fee) |
| Min income | ₹360,000 | · ₹600,000 |
| Min credit score | 730 | · 750 |
| Editorial rating | · 4.4/5 | 4.5/5 |
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
IDFC FIRST Select
- 10x reward points on ₹20K+ monthly spend
- 6x reward points on ₹20K below threshold
- 3x reward points on offline spend
- Lifetime free — no annual fee, ever
- 4 complimentary domestic + 2 international lounge visits per quarter
- 1% fuel surcharge waiver
FAQ
›Flipkart Axis Bank vs IDFC FIRST Select: which is better?
IDFC FIRST Select wins on more dimensions (6 vs 3). 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, IDFC FIRST Select 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. IDFC FIRST Select: 600 reward points on ₹15K spend in first 90 days.