Amazon Pay ICICI vs Flipkart Axis Bank
Side-by-side comparison across fees, rewards, welcome bonuses, and eligibility.
Amazon Pay ICICI wins 5-2. Heavy Amazon shoppers — best free card in India Flipkart Axis Bank is still the right call if flipkart loyalists who also use myntra and cleartrip.
Side-by-side
| Criterion | Amazon Pay ICICI | Flipkart Axis Bank |
|---|---|---|
| Annual fee | No annual fee | · ₹500 |
| Joining fee | None | · ₹500 |
| Top reward rate | = 5% (shopping) | = 5% (shopping) |
| Base reward rate | · 1% | 1.5% |
| Forex markup | = 3.5% | = 3.5% |
| Welcome bonus | = ₹500 Amazon Pay balance on first transaction | = ₹500 Flipkart voucher + ₹600 spend bonus on first 90 days |
| Fee waiver threshold | · N/A (no fee) | ₹350,000 / yr |
| Min income | ₹300,000 | · ₹360,000 |
| Min credit score | 720 | · 730 |
| Editorial rating | 4.7/5 | · 4.4/5 |
Benefits compared
Amazon Pay ICICI
- 5% cashback on Amazon for Prime members (3% non-Prime)
- 2% cashback on 100+ Amazon Pay merchants (Swiggy, BigBasket, MakeMyTrip)
- 1% cashback on every other transaction
- No annual fee, no joining fee, ever
- 1% fuel surcharge waiver
- No reward expiry, no minimum redemption
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
FAQ
›Amazon Pay ICICI vs Flipkart Axis Bank: which is better?
Amazon Pay ICICI 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 Amazon Pay ICICI for its best categories, Flipkart Axis Bank for its best categories. Just watch the combined annual fees against your spend.
›Which one has the better welcome bonus?
Amazon Pay ICICI: ₹500 Amazon Pay balance on first transaction. Flipkart Axis Bank: ₹500 Flipkart voucher + ₹600 spend bonus on first 90 days.