Verified 2026 Bank MITC Rules & RBI ExclusionsUpdated: 2026-03-01
IDFC FIRST Select Credit Card vs Flipkart Axis Bank Credit Card for ₹100,000 Monthly Spend
Comparing IDFC FIRST Select Credit Card vs Flipkart Axis Bank Credit Card at ₹100,000/month. Flipkart Axis Bank Credit Card wins, delivering ₹28,560 net annual value (2.38% ROI) vs ₹7,920 for IDFC FIRST Select Credit Card.
Interactive Head-to-Head Simulator
Test Your Monthly Spend & Category Mix
Simulates real-world capping thresholds, 18% GST deductions, and bank waiver rules in real time.
₹1,00,000(₹12,00,000/yr)
₹10,000/mo₹1,00,000/mo₹2,50,000/mo
Winner at ₹1,00,000/mo+ ₹20,640/yr Higher Value
Flipkart Axis Bank Credit Card
Delivers ₹28,560 net annual returns (2.38% ROI) vs ₹7,920 on IDFC FIRST Select Credit Card.
Card A
IDFC FIRST Select Credit Card
IDFC FIRST Bank
₹7,920Net Annual Benefit
Gross Rewards:₹7,920/yr
Effective Fee (incl. GST):Waived (₹0)
Net ROI on Spend:0.66%
Card B
Flipkart Axis Bank Credit Card
Axis Bank
₹28,560Net Annual Benefit
Gross Rewards:₹28,560/yr
Effective Fee (incl. GST):Waived (₹0)
Net ROI on Spend:2.38%
Fee Waiver Progress (3.5L target):100%
2-Card Optimization HackMaximize Trapped / Capped Spend
+₹3,000/year Extra YieldPair Flipkart Axis Bank Credit Card + Airtel Axis Bank Credit Card
Pair Flipkart Axis Bank Credit Card with Airtel Axis Bank Credit Card to capture up to ₹3,000/yr extra on zero-reward categories.
Routes excluded categories:Electricity, Water, Gas & Broadband Bills
Detailed 12-Category Rupee Breakdown (@ ₹1,00,000/mo)
| Spend Category | Monthly Spend | IDFC FIRST Select Credit Card | Flipkart Axis Bank Credit Card |
|---|---|---|---|
| Amazon, Flipkart & Myntra Shopping | ₹25,000/mo | ₹250 (1%) | ₹1,250 (5%) |
| Scan & Pay Merchant UPI | ₹15,000/mo | ₹75 (0.5%) | ₹150 (1%) |
| Electricity, Water, Gas & Broadband Bills | ₹12,000/mo | ₹60 (0.5%) | 0% Excluded |
| Swiggy, Zomato & Dining Out | ₹12,000/mo | ₹120 (1%) | ₹480 (4%) |
| Blinkit, Zepto, Instamart & Supermarkets | ₹10,000/mo | ₹50 (0.5%) | ₹100 (1%) |
| Petrol & Diesel at Fuel Stations1% fuel surcharge waiver up to ₹300/month on transactions between ₹200 and ₹5,000 | ₹8,000/mo | 0% Excluded | 0% Excluded |
| Flights, Hotels & IRCTC Trains | ₹8,000/mo | ₹80 (1%) | ₹400 (5%) |
| LIC, Health & Term Insurance Premiums | ₹5,000/mo | ₹25 (0.5%) | 0% Excluded |
| House Rent & School/College Fees1% fee + 18% GST applies to rent payments; zero reward points earned | ₹5,000/mo | 0% Excluded | 0% Excluded |
| International Travel & Forex Spends | ₹0/mo | ₹0 (1%) | ₹0 (1%) |
| Gold, Silver & Jewelry Purchases | ₹0/mo | ₹0 (0%) | ₹0 (0%) |
| Income Tax, GST & Challan Payments | ₹0/mo | ₹0 (0%) | ₹0 (0%) |
| Net Annual Benefit | ₹12,00,000/yr | +₹7,920 | +₹28,560 |
Frequently Asked Questions
Which card is better between IDFC FIRST Select Credit Card and Flipkart Axis Bank Credit Card for ₹100,000/month?▼
At ₹100,000/month (₹1,200,000/year), Flipkart Axis Bank Credit Card mathematically outperforms IDFC FIRST Select Credit Card by ₹20,640/year. Flipkart Axis Bank Credit Card delivers ₹28,560 net annual benefit (2.38% effective yield), while IDFC FIRST Select Credit Card returns ₹7,920 (0.66% effective yield).
Will the annual fee be waived at ₹100,000 monthly spend?▼
On an annual spend of ₹1,200,000: IDFC FIRST Select Credit Card annual fee is waived (₹0). Flipkart Axis Bank Credit Card annual fee is waived (₹0).
How do reward caps impact the earnings on both cards?▼
At this spend tier, IDFC FIRST Select Credit Card loses ₹0/year to monthly cashback caps, while Flipkart Axis Bank Credit Card loses ₹0/year. IDFC FIRST Select Credit Card remains uncapped at this spend. Flipkart Axis Bank Credit Card remains uncapped at this spend.
What is the breakeven monthly spend between IDFC FIRST Select Credit Card and Flipkart Axis Bank Credit Card?▼
The calculated crossover breakeven spend is ₹5,000/month, where higher-fee benefits overtake the lower-fee option.