vs
In short: ICICI Amazon Pay has the lower annual fee (none vs ₹500); both charge a 3.5% forex markup.
| Key facts | Axis Flipkart | ICICI Amazon Pay |
|---|---|---|
| Annual fee | ₹500 | None |
| Joining fee | ₹500 | None |
| Annual fee waived | On ₹3.5 lakh annual spend | Not listed |
| Top reward rate | 5% Cashback on Flipkart | 5% Cashback For Amazon Prime Member |
| Base rewards | unlimited 1% Cashback | 1% Cashback on Other Merchants Outside Amazon.in For Amazon Prime Member |
| Forex markup | 3.5% | 3.5% |
From issuer benefit data, checked 8 Nov 2026. Milestones, welcome benefits and caps are in the full table below.
On ₹20,000 a month with ₹5,000 at each card's top rate, both return about ₹4,800 a year; ICICI Amazon Pay comes out about ₹500 ahead because of its lower annual fee.
| Spend profile | Axis Flipkart | ICICI Amazon Pay |
|---|---|---|
| Reward value: top rate / base rate | 5% / 1% | 5% / 1% |
| ₹20,000 a month, all general spends | ₹2,400 | ₹2,400 |
| ₹20,000 a month, ₹5,000 of it at each card's top rate | ₹4,800 | ₹4,800 |
| Annual fee | ₹500 | None |
Estimates from the earn rates above, with stated cashback caps applied, before exclusions. Reward points are valued at the card's best listed redemption (often travel or vouchers via the bank's portal); cash-back on the statement is usually worth less. Annual fees may be waived on spend (see the table below).
The Flipkart Axis Bank Credit Card and the ICICI Bank Amazon Pay Visa Credit Card both offer competitive cashback rewards with a top rate of 5% and a base rate of 1%. While the Flipkart card focuses on cashback across popular lifestyle and entertainment categories, the Amazon Pay card provides additional cashback benefits tailored for Amazon Prime members and includes various bill payment cashback offers. Both cards charge a 3.5% forex markup and offer a 1% fuel surcharge waiver.
Comparison notes and quick badges use AI, grounded in the benefit data shown in the table. Confirm details on each issuer’s site.
Last updated:
| Feature | Flipkart Axis Bank Credit Card | Icici Bank Amazon Pay Visa Credit Card |
|---|---|---|
| Bank | Axis Bank | ICICI Bank |
| Network | MasterCard | Visa |
| Joining fee | Joining Fee of Rs.500 | No Joining Fees |
| Annual / renewal fee | Second Year Onwards Annual Fee of Rs.500 | No Annual Fee |
| Annual fee waiver | Spend Rs.3.5 Lakhs For Annual Fee Waiver | — |
| Top reward rate | Earn 5% Cashback on Flipkart | Earn 5% Cashback For Amazon Prime Member |
| Base rate (other spends) | Earn unlimited 1% Cashback | Earn 1% Cashback on Other Merchants Outside Amazon.in For Amazon Prime Member |
| Fuel surcharge waiver | 1% Fuel Surcharge Waiver | 1% Fuel Surcharge Waiver |
| Welcome benefit | Welcome Benefit - Flipkart Voucher worth Rs.250 | 100% Back up to Rs.200 on Amazon Shopping For Prime Members |
| Foreign currency markup | 3.5% - Foreign Currency Transactions | 3.5% - Foreign Currency Transactions |
Both cards deliver similar reward rates, offering 5% cashback on their respective top platforms—Flipkart and Amazon for Prime members—and a base cashback of 1% on other spends. The Flipkart Axis Bank Credit Card extends cashback benefits to categories like PVR Cinemas, Swiggy, Uber, Cult.fit, Cleartrip, and Myntra, with rates up to 7.5% on Myntra. The ICICI Bank Amazon Pay Visa Credit Card, meanwhile, provides a variety of cashback offers including 5% on travel for Prime members and multiple cashback coupons on bill payments and Amazon Pay partners. At Rs.20,000 monthly spend, both cards yield about Rs.4,800 annually in rewards before caps, making them evenly matched for rewards.
Travel-related benefits are fairly balanced between the two cards. The Flipkart Axis Bank Credit Card offers 5% cashback on Cleartrip, which is a strong travel-related perk. The ICICI Bank Amazon Pay Visa Credit Card provides 5% cashback on travel for Amazon Prime members and 3% for non-Prime members, along with cashback on Amazon Pay partners which may include travel bookings. Neither card lists domestic or international lounge access in our data. Both charge a 3.5% forex markup fee, which is standard but notable for frequent international travelers.
The ICICI Bank Amazon Pay Visa Credit Card has a clear advantage in fees with no joining or annual fees, making it a low-cost option for users who want to avoid yearly charges. The Flipkart Axis Bank Credit Card charges a Rs.500 joining fee and a Rs.500 annual renewal fee from the second year onwards, which can be waived by spending Rs.3.5 lakhs annually. Both cards offer a 1% fuel surcharge waiver. For those sensitive to fees or with moderate spending, the Amazon Pay card is more beginner-friendly and cost-effective.
The Flipkart Axis Bank Credit Card requires an annual spend of Rs.3.5 lakhs to waive the Rs.500 annual fee from the second year onwards, which may be a consideration for moderate spenders. The ICICI Bank Amazon Pay Visa Credit Card has no joining or annual fees.
The Flipkart card offers a welcome benefit of a Rs.250 Flipkart voucher, while the Amazon Pay card provides 100% cashback up to Rs.200 on Amazon shopping for Prime members, making both cards attractive for new users depending on their shopping preferences.
Consider Flipkart Axis Bank Credit Card if you frequently shop on Flipkart and Myntra or spend on lifestyle categories like dining, entertainment, and fitness. This card suits users who can leverage the multiple cashback categories and are comfortable with an annual fee that can be waived with sufficient spend. It also offers a modest welcome benefit in the form of a Rs.250 Flipkart voucher.
Consider ICICI Bank Amazon Pay Visa Credit Card if you are an Amazon Prime member or a regular Amazon shopper looking for a no-fee card with solid cashback on Amazon and travel spends. This card is ideal for beginners or those who prefer a simple fee structure and additional cashback on bill payments and Amazon Pay partners. The welcome benefit of 100% cashback up to Rs.200 on Amazon shopping for Prime members adds extra value.
Both the Flipkart Axis Bank Credit Card and the ICICI Bank Amazon Pay Visa Credit Card charge a 3.5% forex markup fee on foreign currency transactions.
Yes, both cards offer a 1% fuel surcharge waiver on fuel transactions.
Yes, it charges a joining fee of Rs.500 and an annual renewal fee of Rs.500 from the second year onwards, which can be waived by spending Rs.3.5 lakhs annually.
No, the ICICI Bank Amazon Pay Visa Credit Card has no joining or annual fees.
The ICICI Bank Amazon Pay Visa Credit Card offers 5% cashback for Amazon Prime members on Amazon spends and additional cashback on travel and Amazon Pay partners, making it more rewarding for Prime users.
Lounge access benefits, both domestic and international, are not listed in our data for either card; please check with the issuer for details.