Comparison of Paytm-Amazon-Flipkart Credit Cards
Review of the 3 cashback credit cards of Paytm-Amazon-Flipkart

Paytm First vs Amazon Pay vs Flipkart Axis Credit Card – Which one is better? (Updated in 2021)

In this article, I will compare three credit cards that are currently trending because they give cashback on everything without any conditions – Paytm First vs Amazon Pay vs Flipkart Axis Credit Card.

Until few year back, most of the cashback credit cards in market offered cashback either to a wallet or with lots of conditions (like categories, minimum/maximum spend etc). The arrival of Paytm First Cashback credit card has changed this game completely. Giving it company are cashback credit cards from Amazon Pay Credit Card and Flipkart Axis Credit Card.

Let us look at how they stack up against each other and whether it is good idea to get them or not.

Offered by

Paytm First is offered by Citibank while Amazon Pay is issued by ICICI. Both are Visa cards. Flipkart Axis is offered by Axis Bank and is a Mastercard.

Joining process

All the cards are invite-only. That means you will have to keep checking on Paytm / Amazon / Flipkart site regularly to find out if you have can get these cards.

Joining / Annual fees

Paytm First Card – 500 rupees joining / annual charge (to be paid at end of 1st year and waived if annual spend >50K)

Amazon Pay Card – No joining / renewal fees

Flipkart Axis Card – 500 rupees waived if annual spend > 2L


Paytm First Card => Flat 1% cashback on all spending. So whatever is your monthly spend, you get 1% as cashback in your next bill.

Amazon Pay Card =>

  •  5% (for Prime members) / 3% (for Non Prime) cashback on purchases from
  • Digital and Gift Card purchases, bill payments and mobile recharges from earn 2% cashback.
  • 2% cashback on Amazon Pay partner merchants
  • 1% cashback on everything else
  • Cashback is in the form on Amazon Pay Balance instead of money

Flipkart Axis Card =>

  • 5% on Flipkart/Myntra
  • 4% on partner purchases
  • 1.5% on all others

Extra benefits

Paytm First Card => Apart from the 1% cashback, this card offers additional benefits in the form of Paytm First membership (similar to Amazon Prime and Flipkart Plus membership). And the vast categories ensure that there is something for everyone. Below are a few of the offers which I have availed so far. These have given me benefits over 4,000/- so far :

  • 6 months membership of Zee5 Premium and Voot Select => for OTT lovers => benefits worth 999/-
  • 6 months access to Shaw Academy => online learning of various courses => benefits worth 3600/-
  • 3 months Gaana Plus membership => for music /podcast lovers  => benefits worth 199/-
  • Adding minimum 500/- to Paytm wallet every month  => benefits worth 180/- (15/- per month)
  • There are many others which you can use depending on your needs

Amazon Pay Card=>

  • There is no extra benefit apart from the cash back you receive. However, you can always redeem Amazon Pay balance on lots of things 🙂

Flipkart Axis Card =>

  • Welcome benefit worth 2400/- in the form of discounts on Gaana, MakeMyTrip, GoIbibo and Myntra. Although, to be honest, most of them can be availed without the card also.
  • 4 Domestic Airport Lounge access per year
  • 1% Fuel Surcharge Waiver

So which card should you take?

Paytm First Card => This card has maximum benefits in terms of Paytm First Membership. But the value of benefits have decreased in last 1 year. So get this card for the first year, avail the benefits and then decide if you want to continue the card.

Note => Adding money to Paytm Wallet via Credit card will result in additional charges being applied.

Note => Your application will be rejected if you already hold 2 citibank credit cards.

Amazon Pay card => There is no reason for not getting this card. As I said in my other blogs, you should always say yes to Lifetime free card. And who doesn’t buy on Amazon? So, a free card giving you good cashback is always a wonderful thing to have 🙂

Flipkart First Card => In all category spends, this card gives the highest cashback than Paytm First / Amazon Pay. Hence, this should be taken if you plan to use it as a primary card or do not have a card offering complimentary airport lounge benefit. But if you already have such a card, then you can think of skipping it.

Liked this article? Join my Whatsapp group to be part of our community!

Other articles worth reading:

Credit cards => 21 Tips on how to use Credit Cards to maximize their potential

Financial Freedom => Is 1 Crore retirement corpus enough?

Personal Finance => How PPF Interest is Calculated

Feel free to share this article by clicking on the below icons…

Leave a Reply