News Analysis

Axis Bank ties up with Flipkart

Updated on 12 July 2019 10:46 AM

Axis Bank has partnered with e-commerce major Flipkart to launch a co-branded credit card and is aiming to sell 1 million of the new card in a year.

The new card comes with a slew of benefits, including a 1.5% cash-back on every purchase and up to 5% cash-back for merchant shopping, including on Flipkart and on its sister concerns like Myntra.

Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.