What are the annual fees for Cashback SBI Credit Card and Flipkart Axis Bank Credit Card?

Cashback SBI Credit Card has ₹999 + GST. Flipkart Axis Bank Credit Card has ₹500 + GST. Fees are shown before 18% GST, which is added on the bill.

What base reward rate does each card earn?

Cashback SBI Credit Card earns about 1% on general spends; Flipkart Axis Bank Credit Card earns about 1%. Category and partner rates may differ — see the table above.

Do online and offline rewards differ between them?

Cashback SBI Credit Card: 5% online / 1% offline. Flipkart Axis Bank Credit Card: same rate online and offline.

What is the forex markup on each card?

Cashback SBI Credit Card: 3.5%. Flipkart Axis Bank Credit Card: 3.5% (plus 18% GST on the markup).

Card Comparison

Cashback SBI vs Flipkart Axis

Cashback SBI vs Flipkart Axiscompared side by side on fees, reward rates, caps, exclusions, and eligibility — weigh each against how you actually spend.

Cashback SBI

SBI Card

Fee₹999+GST

Eff. rate1%

Cap₹4,000

Fee

₹999+GST

Eff. rate

Cap

₹4,000

Flipkart Axis Bank

Axis Bank

Fee₹500+GST

Eff. rate1%

CapNone

Fee

₹500+GST

Eff. rate

Cap

None

Quick take

How they compare

Cashback SBI and Flipkart Axis suit different spending patterns, so the right pick depends on where and how much you spend. The key difference: 9 partner deals vs 0. Use the table below to weigh fees, reward rates, caps, and exclusions against your own usage.

At a glance

Cashback SBI

Annual fee: ₹999 + GST
Everyday rate: 1%
Monthly cap: ₹4,000/mo

Notable strengths

Strong online-shopping rewards (up to 5%)
Direct cashback — nothing to redeem

Flipkart Axis

Annual fee: ₹500 + GST
Everyday rate: 1%
Monthly cap: No cap

Notable strengths

Bonus rewards on Myntra (up to 7.5%)
Direct cashback — nothing to redeem
No monthly reward cap

Each card's own strengths — not a ranking. Weigh them against where you actually spend.

54 specs · 13 sections

Cashback SBI

Flipkart Axis Bank

Feature

Cashback SBI

Flipkart Axis Bank

Annual Fee

₹999

₹500

Joining Fee

₹999

Free

Fee Waiver Spend

₹2,00,000

₹3,50,000

Forex Markup

3.5%

Reward Type

Cashback

Base Rate

Online Rate

Offline Rate

Effective Base Rate

Point Value

₹1

Redemption Quality

HIGH

Best Redemption

₹1

Worst Redemption

₹1

Amazon

—

Amazon Pay

—

Amazon Prime

—

Cleartrip

—

Cultfit

—

Grocery / Supermarkets

5% online / 1% offline

Fuel / Petrol / Diesel / CNG

0% (Excluded)

Restaurants / Dine-in

5% online / 1% offline

Flights, Hotels, OTAs, Tour Operators

5% online / 1% offline

Other Retail / Catch-all

5% online / 1% offline

Monthly Cap

₹4,000

No cap

Est. Annual Cap

₹48,000

No cap

Total Excluded

12 categories

9 categories

Railway / Train Tickets

Excluded

Earns rewards

Highway Tolls / FASTag

Excluded

Earns rewards

Online Gaming / Betting

Excluded

Earns rewards

EMI Transactions

Excluded

Earns rewards

Domestic Visits/Year

None

International Visits/Year

None

Priority Pass

Est. Annual Value

—

Forex Markup

3.5%

Description

—

₹250 Flipkart voucher on first transaction within 30 days

Estimated Value

—

₹200

Fuel Surcharge Waiver

Yes

Best Suited For

Online Shopping, Cashback

Shopping

Min Income

₹30,000/month

Not specified

Income Proof

Not required

Required

Secured FD

Accepting Applications

Yes

Network

Visa

Card Tier

Classic

Still weighing your options?

Other popular matchups to line up against your shortlist.

Frequently asked questions

What are the annual fees for Cashback SBI Credit Card and Flipkart Axis Bank Credit Card?: Cashback SBI Credit Card has ₹999 + GST. Flipkart Axis Bank Credit Card has ₹500 + GST. Fees are shown before 18% GST, which is added on the bill.
What base reward rate does each card earn?: Cashback SBI Credit Card earns about 1% on general spends; Flipkart Axis Bank Credit Card earns about 1%. Category and partner rates may differ — see the table above.
Do online and offline rewards differ between them?: Cashback SBI Credit Card: 5% online / 1% offline. Flipkart Axis Bank Credit Card: same rate online and offline.
What is the forex markup on each card?: Cashback SBI Credit Card: 3.5%. Flipkart Axis Bank Credit Card: 3.5% (plus 18% GST on the markup).

Reviewed by WhichWise Editorial Team. Each card's data is verified against the issuer's official terms.

Sources: SBI Card - Cashback SBI · Axis Bank - Flipkart Axis