These cards provide significant savings for customers on their purchases. There are about 83 million credit cards users in India but only around 40 million are unique customers and out of these 10 per cent are co-branded credit cards from Amazon and Flipkart, according to a report.
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Flipkart Axis Bank Credit Card and Amazon Pay ICICI Bank Credit Card are the most popular credit cards among others. The Amazon Pay ICICI Credit Card was rolled out by the ICICI Bank in collaboration with Amazon in October 2018, and just after a year, another e-commerce major Flipkart followed the suit and launched its credit card with Axis Bank collaboration.
These cards provide significant savings for customers on their purchases. There are about 83 million credit cards users in India but only around 40 million are unique customers and out of these 10 per cent are co-branded credit cards from Amazon and Flipkart, according to a report.
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In this article, we will compare these two cards based on their joining fee, annual fee, cashback and other features.
Joining Fee: Flipkart Axis Bank Credit Card has a joining fee of Rs 500 while Amazon Pay ICICI Bank Credit Card has no joining fee.
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Annual Fee: Flipkart charges Rs 500 as annual fee while Amazon has nil charges.
Welcome Benefits: Amazon does not provide any welcome benefit for applying a card while Flipkart gives vouchers worth Rs 500 and 15 per cent cashback of up to Rs 500 on the first Myntra transaction.
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