SBI Cashback vs Axis Flipkart

Axis Flipkart has the lower annual fee (₹500 against ₹999). SBI Cashback waives its fee on ₹2,00,000 of spend a year; Axis Flipkart waives its fee on ₹3,50,000 of spend a year. On all three sample spends below, SBI Cashback comes out ahead after fees. The Saifu app works it out on your own spends, on your phone.

Feature	SBI CashbackSBI Card1 win	Axis FlipkartAxis2 wins · ahead
Annual fee	₹999	Lower₹500
Joining fee	₹999	Lower₹500
Fee waiver	LowerWaived on ₹2,00,000 spend a year	Waived on ₹3,50,000 spend a year
Rewards	5% cashback on online spends, 1% on offline spends	Cashback on Myntra, Flipkart and Cleartrip; unlimited cashback on Swiggy, Uber, PVR and other preferred merchants
Airport lounges	None listed	None listed
Forex markup	3.5% plus GST	3.5% plus GST
Points	Cashback or not listed	Cashback or not listed
Published minimum income and age	Not published	Not published
Network	Visa	Visa / Mastercard
Apply	Bank page	Bank page

Badges mark the lower fee, waiver spend or markup, and more lounge visits. Rewards are not scored here because they depend on where you spend. Affiliate link, costs you nothing extra, we may earn a commission, never changes how cards are ranked. Figures come from each bank's page and can change; check before you apply.

What each card earns in a year

Sample spender	SBI Cashback	Axis Flipkart
Everyday spender₹30,000 a month	More₹8,100 a year₹8,100 rewards, no fee to pay	₹4,620 a year₹4,620 rewards, no fee to pay
Online shopper₹50,000 a month	More₹22,800 a year₹22,800 rewards, no fee to pay	₹13,860 a year₹13,860 rewards, no fee to pay
Frequent traveller₹1,00,000 a month	More₹36,840 a year₹36,840 rewards, no fee to pay	₹16,560 a year₹16,560 rewards, no fee to pay

The sample spends and how this is worked out

Everyday spender, ₹30,000 a month: DMart ₹6,000, BigBasket ₹2,000, Swiggy ₹2,000, Zomato ₹1,500, Amazon ₹3,000, Flipkart ₹1,500, Bills paid on Google Pay ₹2,500, Airtel ₹1,000, Indian Oil ₹3,000, Restaurant (in person) ₹2,500, Uber ₹1,000, Other spends in shops ₹4,000.
Online shopper, ₹50,000 a month: Amazon ₹10,000, Flipkart ₹8,000, Myntra ₹3,000, Swiggy ₹4,000, Zomato ₹3,000, Blinkit ₹4,000, BookMyShow ₹1,500, Uber ₹2,000, Bills paid on Google Pay ₹3,000, Jio ₹1,000, Netflix ₹500, Restaurant (in person) ₹3,000, Other spends in shops ₹7,000.
Frequent traveller, ₹1,00,000 a month: MakeMyTrip ₹10,000, Cleartrip ₹5,000, IRCTC ₹2,000, IndiGo ₹10,000, Marriott Bonvoy hotels ₹8,000, Spends abroad ₹15,000, Uber ₹4,000, Restaurant (in person) ₹8,000, Amazon ₹10,000, Swiggy ₹5,000, DMart ₹8,000, Bills paid on Google Pay ₹4,000, Indian Oil ₹5,000, Other spends in shops ₹6,000.

Worked out with the same reward rules and caps the Saifu app uses. Points are counted at the cash value in the table above. The annual fee counts as waived when the spend reaches the waiver. Joining fees, welcome gifts and milestone vouchers are not counted. Your own spends will give different figures.

Common questions

Which is better, SBI Cashback or Axis Flipkart?

On all three sample spends below, SBI Cashback comes out ahead after fees. It depends on where you spend: compare the figures for the sample spender closest to you, or add your own spends in the Saifu app.

Which has the lower annual fee?

Axis Flipkart (₹500 against ₹999). SBI Cashback waives it on ₹2,00,000 of spend a year. Axis Flipkart waives it on ₹3,50,000 of spend a year.

Add a third card SBI Cashback Axis Flipkart

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