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Side-by-Side Comparison|Updated March 2026

Axis Bank LIC Platinum Credit Card vs Axis Bank - Flipkart Axis Bank Credit Card

Detailed comparison of fees, rewards, benefits, and value to help you choose the right credit card for your spending pattern.

Axis Bank

Axis Bank LIC Platinum Credit Card

7/10
Annual FeeFree
Base Rewards0.66%
NetworkVisa
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Axis Bank

Axis Bank - Flipkart Axis Bank Credit Card

7.2/10
Annual Fee₹500
Base Rewards1%
NetworkVisa
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Feature-by-Feature Comparison

FeatureAxis Bank LIC Platinum Credit CardAxis Bank - Flipkart Axis Bank Credit Card
Annual FeeFree₹500
Joining FeeFree₹500
Fee Waiver SpendN/A₹3,50,000
Base Reward Rate0.66%1%
Reward CurrencyPlusPointsCashback
NetworkVisaVisa
Editor Rating7/107.2/10
Forex Markup3.5%3.5%

Accelerated Rewards

Axis Bank LIC Platinum Credit Card

  • 0% on LIC Premium Payments

Axis Bank - Flipkart Axis Bank Credit Card

  • 0% on Myntra — 4000 pts/month
  • 0% on Flipkart — 4000 pts/month
  • 0% on Cleartrip — 4000 pts/month
  • 0% on Preferred Merchants (Swiggy...

Pros & Cons

Axis Bank LIC Platinum Credit Card

Pros

  • Lifetime free entry-level card
  • 2X rewards on LIC premium payments
  • 1% fuel surcharge waiver
  • Lost card liability insurance cover

Cons

  • No airport lounge access
  • Lower reward point value (₹0.66) compared to Signature variant
  • Limited redemption options

Axis Bank - Flipkart Axis Bank Credit Card

Pros

  • 7.5% cashback on Myntra spends (capped at ₹4,000 per quarter)
  • 5% cashback on Flipkart and Cleartrip (capped at ₹4,000 per quarter each)
  • Unlimited 4% cashback on preferred partners like Swiggy, Uber, PVR, and Cult.fit
  • Unlimited 1% cashback on all other eligible spends with no minimum transaction value

Cons

  • Complimentary domestic airport lounge access has been discontinued since June 2025
  • High annual fee waiver threshold of ₹3.5 lakh compared to other entry-level cards
  • Cashback exclusions include fuel, wallet loads, rent, insurance, and utilities

Our Verdict

Both Axis Bank LIC Platinum Credit Card and Axis Bank - Flipkart Axis Bank Credit Card are strong options. Your choice should depend on your spending pattern and which card's rewards align better with your lifestyle.

Choose Axis Bank LIC Platinum Credit Card if

A simple, no-cost card to earn rewards on LIC premiums.

Choose Axis Bank - Flipkart Axis Bank Credit Card if

High cashback rates on these platforms make it the best choice for frequent shoppers.

Frequently Asked Questions

Which is better: Axis Bank LIC Platinum Credit Card or Axis Bank - Flipkart Axis Bank Credit Card?
Both Axis Bank LIC Platinum Credit Card and Axis Bank - Flipkart Axis Bank Credit Card are strong options. Your choice should depend on your spending pattern and which card's rewards align better with your lifestyle.
What is the annual fee difference between Axis Bank LIC Platinum Credit Card and Axis Bank - Flipkart Axis Bank Credit Card?
Axis Bank LIC Platinum Credit Card has no annual fee, while Axis Bank - Flipkart Axis Bank Credit Card has an annual fee of ₹500. Axis Bank - Flipkart Axis Bank Credit Card offers a fee waiver on ₹3,50,000 annual spend.
Which card has better rewards: Axis Bank LIC Platinum Credit Card or Axis Bank - Flipkart Axis Bank Credit Card?
Axis Bank LIC Platinum Credit Card offers a base reward rate of 0.66% with accelerated rewards on LIC Premium Payments. Axis Bank - Flipkart Axis Bank Credit Card offers 1% base rewards with bonuses on Myntra and Flipkart. The better choice depends on your primary spending categories.
Can I have both Axis Bank LIC Platinum Credit Card and Axis Bank - Flipkart Axis Bank Credit Card?
Yes, many users hold multiple credit cards to maximize rewards across different spending categories. Axis Bank LIC Platinum Credit Card and Axis Bank - Flipkart Axis Bank Credit Card can complement each other if they cover different reward categories.
Which card is better for beginners: Axis Bank LIC Platinum Credit Card or Axis Bank - Flipkart Axis Bank Credit Card?
For beginners, Axis Bank LIC Platinum Credit Card may be more approachable with no annual fee. However, evaluate based on your expected spending pattern rather than fee alone.

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