Flipkart Axis Bank Credit Card vs American Express PAYBACK® Credit Card

• Welcome Benefits: Rs. 600 worth of joining and activation benefits
• Welcome Benefits: Flipkart Axis Bank credit card comes with a host of welcome and activation benefits. Listed below are the brands associated with the benefits:Flipkart/Swiggy

a. Avail Rs. 500 worth Flipkart vouchers on making first transaction with the card              b. Avail 50% instant discount up to Rs. 100 on first Swiggy order

• Get unlimited 5% cashback on Flipkart spends
• Get unlimited 4%  Cashback on Preferred Merchants
• Get unlimited 1.5%  Cashback on other eligible categories
• 4 complimentary lounge visits to select airport lounges within India per Calendar year
• 1% fuel surcharge waiver on all fuel transactions in India
• On any transaction over Rs. 2,500, convert the purchases into EMI
• Indulge in delectable cuisines up to 15% off at partnered restaurants in India 
• Annual fee will be waived off on annual spends greater than Rs. 3,50,000     

• Earn multiple Points from more than 50 PAYBACK partners and 2 PAYBACK Points from American Express PAYBACK Credit Card for every Rs. 100 spent
• Milestone Benefits: Avail Flipkart vouchers worth Rs. 7,000 on spending Rs. 2.5 Lakh in a Card-membership year. Earn a Flipkart voucher worth Rs 2,000 on spending Rs. 1.25 Lakh in a Card-membership year. Additionally, earn a Flipkart voucher worth Rs. 5,000 on spending Rs. 2.5 Lakh in a Card-membership year
• Earn 2 PAYBACK Points for every Rs. 100 spent except for spend on Fuel, Insurance, Utilities, Cash Transactions and EMI conversion at Point of Sale. Boost the PAYBACK Points while shopping at over 50 PAYBACK partner brands
• The NEW American Express PAYBACK Credit Card provides a range of other exciting offers and privileges too. Other exciting offers are available on Fuel, Dining, Limited liability for card loss, Contactless Payment

Pros

• Unlimited Cashback
• Complimentary Airport Lounge Access
• Card replacement fee (lost or stolen or re-issue): Waived

Cons

• Cashback will be in the form of Flipkart cash and only redeem on the Flipkart
• 3.5% foreign currency conversion fees
• No cash back on fuel spend, purchase of the gold item, EMI transaction and on gift cards

Pros

• Get rewarded on all your spends
• Reasonable Joining Fees

Cons

• No Fuel Surcharge Wavier
• No complimentary Airport Lounge Access