BANGALORE: Flipkart and Axis Bank on Tuesday launched the  "Super Elite Credit Card"  allowing customers to earn rewards of up to Rs 20,000 on Flipkart, Myntra, and Cleartrip.

According to a statement from the Company, the credit card will give users an activation bonus of 500 Flipkart SuperCoins and incentives of up to Rs 20,000 across Flipkart, Myntra, Flipkart Health+, Cleartrip, and Flipkart Hotels.
Dheeraj Aneja, SVP-Fintech and Payments Group at Flipkart, remarekd, "At Flipkart, it is our endeavour to provide a convenient and economical purchasing experience for more than 450 million users on our platform.

Customers using the credit card can earn up to 200 SuperCoins on each successful transaction, or a total of 8 SuperCoins for every Rs 100 spent. Customers who use the Flipkart Plus programme can earn up to 400 SuperCoins on each profitable transaction and receive a total of 16 SuperCoins for every Rs 100 spent.

The Company claims that  customers would receive two SuperCoins for every Rs 100 spent on all permissible purchases made outside of Flipkart. If you spend more than Rs 2 lakh on the card each year, the annual charge of Rs 500 is removed.

Sanjeev Moghe, President and Head, Cards & Payments, Axis Bank said, "We feel that this co-branded credit card will undoubtedly appeal to clients across India who are seeking perks in the form of SuperCoins, as it delivers rewards and quick redemption opportunity on every transaction."

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