#1₹9,660/yr
Axis Bank Flipkart Credit Card
5% · Shopping Partners
Best net value on this list — about ₹9,660/yr in your pocket after fees on typical spends.
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Age 21–60 · From ₹35,000/mo income · Unsecured
Shopping Partners·HDFC Bank
Strong partner cashback with HDFC ecosystem.
Age 21–60 · From ₹35,000/mo income · Unsecured
Key Benefits
All 12 benefits →SmartBuy partners
5%
₹1,000/mo
Other spends
1% cashback
Min ₹100 redemption
Welcome benefit
₹1,000 voucher
On activation
Online
5%
Cap ₹1,000/mo
Signup bonus: ₹1,000 (year 1)
Zero sales calls. Ever.
Caps & exclusions verified · 2026-06-12
On the bank's site: You'll apply on the bank's website. They may ask for contact details and follow up on your application.
We earn commission if approved — at no cost to you.
Issuer updates and CardHungry deep-dives that affect this card.
11 Jul 2026
Every Credit Card Benefit Cut in India: 2025–2026 Tracker (HDFC, SBI, Axis, ICICI, Amex)
Banks didn’t tweak rewards — they capped, gated, and thinned them. Here’s what changed at the five big issuers, who loses ₹, and what still works.
11 Jul 2026
Your New Rights From January 2027: RBI’s Mis-Selling Framework Explained in Plain Language
Banks can no longer push add-ons with confusing consent or dark-pattern apps. Here’s what changes for you — and how to complain if something was mis-sold.
Rewards, lounge rules, fee perks, and extras — sourced from public issuer information.
Source: HDFC Millennia T&Cs (Dec 2023 lounge revision)
Amazon, Flipkart & co-branded accelerators
Source: HDFC Millennia T&Cs (Dec 2023 lounge revision)
SmartBuy partners
5%
Cap: ₹1,000/mo
Example: ₹1,000/mo spend → ≈ ₹50/mo (max at cap)
Other spends
Min ₹100 redemption
1% cashback
Example: ₹10,000/mo spend → ≈ ₹100/mo
Welcome benefit
On activation
₹1,000 voucher
Fee waiver at
₹1,00,000 annual spend
Lounge access
Milestone domestic lounge — up to 4/year
Spend criteria: No standalone lounge. On ₹1,00,000 spend per calendar quarter you may pick one domestic airport lounge voucher OR a ₹1,000 brand voucher (not both)
Based on moderate spend for this market
Est. net annual
₹6,300
per year
Annual fee
Free
per year
Effective return
1.7%
of spend
Rewards minus annual fee on your spend profile
Annual fee ₹1,000 · Forex 3.5% on international transactions — tap for full fees
Joining fee
Charged in first year
₹1,000
Annual / renewal fee
Waived on ₹1,00,000 annual spend
₹1,000
Forex markup
3.5% on international transactions
Finance charges
≈3.5–3.75% per month (42–45% p.a.) if you revolve balance — pay in full to avoid
Late payment fee
₹400–₹1,300 depending on statement balance — always pay on time
Reward redemption fee
Usually ₹0 for cashback cards; points cards may have ₹99+ redemption fee
Example: moderate user · Steady year
Signup bonus is excluded here — switch to Year 1 on the hero or open the calculator for first-year value.
Formulas and assumptions: How we calculate NAV
21–60 years · ₹35,000/mo — tap for full criteria
Important: These are indicative eligibility bands from issuer websites. Actual approval depends on the bank's internal score, existing relationship, and current portfolio policy. CardHungry shows bands, not guarantees.
At moderate spend (₹31,000/mo), gross rewards are about ₹6,720/year. After the ₹1,000 annual fee, net value is approximately ₹6,300/year. Use the calculator above to model your own spends.
₹35,000/month for salaried applicants (indicative — bank decides).
EMI transactions, Fuel, Rent, Wallet top-ups, Government.
Deeper rankings and comparisons for similar use cases.
Axis Bank Flipkart Credit Card
5% · Shopping Partners
Best net value on this list — about ₹9,660/yr in your pocket after fees on typical spends.
Swiggy ORNGE HDFC Bank Credit Card
5% · Shopping Partners
Strong runner-up at ₹7,980/yr net — roughly ₹1,680 behind #1 on the same spend mix.
ICICI Amazon Pay Credit Card
5% · Shopping Partners
Worth a look — ₹6,481/yr net, still ahead of 0 other eligible cards.
Approval estimate based on public eligibility criteria. Indicative only. Not a guarantee of approval.
