Flipkart Axis Bank vs Standard Chartered Ultimate
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
Flipkart Axis Bank wins 6-1. Flipkart loyalists who also use Myntra and Cleartrip Standard Chartered Ultimate is still the right call if best general earn-rate at the ₹5k fee tier..
Side-by-side
| Criterion | Flipkart Axis Bank | Standard Chartered Ultimate |
|---|---|---|
| Annual fee | ₹500 | · ₹5,000 |
| Joining fee | ₹500 | · ₹5,000 |
| Top reward rate | 5% (shopping) | · 3.3% (general) |
| Base reward rate | · 1.5% | 3.3% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = ₹500 Flipkart voucher + ₹600 spend bonus on first 90 days | = 6,000 reward points + ₹1,000 voucher |
| Fee waiver threshold | ₹350,000 / yr | · ₹1,500,000 / yr |
| Min income | ₹360,000 | · ₹1,500,000 |
| Min credit score | 730 | · 780 |
| 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
Standard Chartered Ultimate
- 5 reward points per ₹150 (effectively 3.3%)
- 4 complimentary international lounge visits/year
- BookMyShow buy-1-get-1
- 1% fuel surcharge waiver
- Comprehensive travel + purchase insurance
FAQ
›Flipkart Axis Bank vs Standard Chartered Ultimate: which is better?
Flipkart Axis Bank wins on more dimensions (6 vs 1). 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, Standard Chartered Ultimate 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. Standard Chartered Ultimate: 6,000 reward points + ₹1,000 voucher.