Flipkart partners Axis Bank, Mastercard to launch co-branded credit card game. Since, this is the main co-branded card for the e-retailer, Flipkart had prior joined forces with Axis Bank in 2016 for the dispatch of the Axis Bank Buzz credit card, which offers 5 percent markdown on Flipkart buys and different advantages. The Flipkart-Axis Bank Credit Card will be offered to choose users in July and it will grow to everywhere throughout the coming weeks.
As indicated by Flipkart, the new Flipkart-Axis Bank Credit Card will give 5 percent discount cashback on buys made on Flipkart, Myntra, and 2GUD. Furthermore, the Mastercard holders will get 4 percent discount cashback on MakeMyTrip, Goibibo, Uber, PVR, Curefit, and UrbanClap just as 1.5 percent discount cashback on buys made at all different retailers. The cashback will be auto-credited each month in the client statement.
Different advantages of the Flipkart-Axis Bank Credit Card incorporate welcome ideas from number of shippers, up to 20 percent rebate at more than 4,000 cafés, airport lounge access, and fuel extra credit waiver up to Rs. 500 every month. There is a joining and yearly credit of Rs. 500, which can be deferred on spends of Rs. 2 lakh.
Flipkart is anyway barely the first e-commerce supplier to offer a co-branded Visa. Any semblance of Snapdeal (with HDFC Bank), IRCTC (with SBI), and Amazon (with ICICI Bank) effectively offer co-branded credit cards in the nation.
CEO of the Flipkart Group, Kalyan Krishnamurthy said, “Through this co-branded credit card, in partnership with Axis Bank and Mastercard, we are reiterating our commitment to driving access to formal credit in India with an offering that will benefit the customer the most.”