Axis Bank Buzz Credit Card Review

Several banks nowadays are offering credit cards that are exclusively made for online shoppers. One such option is the Axis Bank Buzz Credit Card. Before the launch of Flipkart Axis Bank Credit Card, this was the only card from the bank offering an extra discount on Flipkart, and the offer is still ongoing. In addition to this, you can earn extra rewards on all online purchases. Read our review to know whether this card will be a good match for you or not.

Read about the detailed features and benefits of the card

Please Note: Axis Bank is not a Paisabazaar partner. Offers would be from partner Banks/NBFCs only. 

Rs 1,000 Flipkart Gift Voucher as Welcome Gift

The card offers a Rs. 1,000 worth of Flipkart voucher as welcome gift. For a basic credit card with a nominal annual fee of Rs. 750, this sign-up benefit is quite appealing. Even the Flipkart Axis Bank Credit Card offers a welcome voucher of only Rs. 500 but its annual fee is also Rs. 500. So, comparatively, Buzz is offering a better welcome benefit.

Do note that to avail the offer you will have to make 3 purchases within 45 days of card issuance. Post that, the voucher will be sent to the registered mobile number within the next 30 days.

Rewards and Discounts on Online Shopping

Axis Bank Buzz Credit Card gives dual benefits to online shoppers in the form of rewards and direct discount. The rewards program itself is quite good which, when combined with the discount, helps you save a considerable amount. Details of rewards and discounts are given below:

• 10% instant discount on Flipkart from 1st to 5th of each month
• 5% instant discount on Flipkart from 6th to 31st of each month
• 2 Axis EDGE REWARD points per Rs. 200 spent via the card
• 6 Axis EDGE REWARD points per Rs. 200 spent via the card on online shopping

If you are a loyal customer of Flipkart, you can get the most out of this card. The best part is that the discount is not limited to a particular category of products. You can avail it on apparel, gadgets, books, accessories, etc. (barring only a few items). However, the maximum discount is limited to Rs. 400 during the offer period (1st to 5th OR 6th to 31st). For example, if you purchase items worth Rs. 3,500 on Flipkart on 3rd February, you will get a discount of Rs. 350 plus you will earn 105 Axis EDGE REWARD Points.

Click here to read the terms and conditions related to the Flipkart Offer.

Another plus point for the card is that Axis Bank does not limit the accelerated reward earnings to Flipkart alone. You also get extra reward points on other online shopping as well.

What you can do with Axis EDGE REWARD Points?

The EDGE Reward points can be redeemed against a variety of items. The various categories are:

Instant Vouchers – You can redeem reward points against vouchers from Nature’s Basket, Max Fashions, Hush Puppies, and so on.

Mobile Accessories – Under this you can get MicroSD cards, power banks, speakers etc.

Fashion – Items such as sunglasses, wallet are provided under this category.

Home Décor – You can redeem your points for a new Tupperware lunch box, Hindware cook top, Prestige pan and so on.

Mobiles – Latest Apple iPhones as well as phones from other brands are available in the rewards catalogue

Computer Accessories – USB sticks, mouse, pen drives are also present in the catalogue

Milestone Benefits worth Rs. 7,000

Axis Bank Buzz Credit Card gives you Flipkart gift vouchers whenever you meet a spend milestone. The spend milestones are given separately on both Flipkart spends as well as on overall spends. The milestones and associated voucher amounts are:

Drawbacks of Axis Bank Buzz Credit Card

Axis Bank Buzz credit card is designed for online shoppers and therefore is limited in other avenues like travel benefits. People who don’t regularly shop online or require other benefits will be disappointed with this credit card. Some more limitations of this card are given below:

• There is neither an annual fee waiver on the card nor any rewards/benefits on payment of renewal fee which is a major drawback
• Most of the benefits are limited to Flipkart and the common online shopping benefit only comes in the form of accelerated rewards

Moreover, there are other credit cards that offer discounts or accelerated reward points without charging an annual fee or at least provide a waiver condition. Below we have compared the Axis Bank Buzz credit card with other credit cards that offer rewards on online shopping.

Who Should Apply for Axis Bank Buzz Credit Card

Keeping the Flipkart Offers aside, the online shopping benefits on the card are quite mediocre. The true benefits of the card can be utilised by only those people who shop at Flipkart. However, the benefits fall short when compared with Flipkart Axis Bank credit card. It charges a lower annual fee and offers up to 5% flat cashback on all your purchases made on Flipkart, Myntra and 2GUD. You will also get 4% cashback on other partner websites such as Uber, Swiggy, PVR etc. So, if you are truly a Flipkart loyalist and looking for a card that would help you save big on Flipkart and its partner websites, the co-branded card would be a better option. 

So, why would one want to get this credit card considering there are better options? You might not be eligible for Flipkart Axis Bank credit card if you are an existing Axis Bank credit cardholder. In that scenario, you may apply for the Buzz credit card. Non-Axis Bank customers, on the other hand, should apply for Flipkart Axis Bank credit card.

Moreover, if you prefer to shop at Snapdeal or Amazon then go for their co-branded credit cards. If you find that you are not biased towards any specific e-commerce site then you may apply for SBI SimplyCLICK credit card which gives 10x reward points on Amazon and 5x reward points on other online transactions.

Bottom Line

We believe that the Axis Bank Buzz credit card provides many benefits but falls behind when compared to other similar online shopping credit cards. So if you are looking for an online shopping card, especially one with benefits across multiple platforms, you may explore other options which would serve your needs better.