Axis Bank ADVANTAGE Savings Account

An account designed for your utmost convenience that comes with exclusive benefits worth ₹17,000* p.a.

Open an ADVANTAGE Savings Account digitally, from the comfort of your home, without any paperwork in just a few clicks.

Account Benefits

1On minimum spends of ₹3,500 in a calendar month, with maximum cashback of ₹750 per month

2Dining discount of up to ₹500 per month

3Click here for T&Cs on Banking privileges

*Click here for T&Cs on Insurance

Principal Amount

Flat 5%* cashback on debit card and UPI transactions

Rate of Interest

Annual benefits worth ₹17,000*

Loan Tenure

Up to 15%* off on 10000+ restaurants

Insurance cover

Enhanced shopping and ATM limits

How to open an ADVANTAGE Savings Account?

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STEP 1

Visit Flipkart app and find the option to apply for AXIS BANK FLIPKART Debit Card (available exclusively with ADVANTAGE Savings Account) through promotional banners, payment pages, FK Pay section or ‘My Accounts’ section
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STEP 2

Click on “Apply now” to initiate ADVANTAGE Savings Account opening process

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STEP 3

Verify identity using PAN and Aadhaar

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STEP 4

Provide necessary personal information

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STEP 5

Complete KYC through video call

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STEP 6

Deposit initial funding in the account

Requirements for opening an ADVANTAGE Savings Account

  • Smart phone with a working camera
  • Allow the bank’s representative access to your camera and location
  • Initial funding through debit card/Internet Banking or UPI
  • Credit cards are not accepted for initial funding

Eligibility and Documents

  • Only Indian residents can apply for the account
  • Original PAN and Aadhaar card
  • PAN and Aadhaar should be linked

Balance Requirement

Initial funding₹25,000
Monthly average balance required₹25,000

Please click here to view the complete list of fees and charges.

Frequently Asked Questions

ADVANTAGE Savings Account is a digital savings account by Axis Bank, where you will be offered an exclusive AXIS BANK FLIPKART co-branded debit card and other banking benefits.

  • Flat 5%* cashback for every debit card and UPI transaction done on Flipkart
  • 15% off** on 10,000+ restaurants via EazyDiner
  • Higher transaction limits: Daily cash withdrawal limit of ₹50,000 and purchase limit of ₹5 lakhs
  • 30 transactions free in a month at non-Axis Bank ATM
  • Free unlimited online NEFT and RTGS transactions
  • Personal accident cover of up to ₹5 lakhs, Air accident cover of up to ₹1 crore and purchase protection cover of up to ₹50,000

*On cumulative spends (Debit Card and UPI) of ₹3,500 in a calendar month. Maximum cashback of ₹750 per month.

**Click here for T&Cs.

The monthly average balance required to be maintained is ₹25,000.

Yes, spends on both virtual and physical debit card will be considered, subject to meeting the minimum cumulative spends limit.

Cashback will be credited within 90 days from the last day of the month in which the spend is incurred. The cashback will be credited to ADVANTAGE Savings Account.

You can visit www.axisbank.com/support or contact us at 1860 500 5555 to get instant support. For account information, SMS HELP to 56161600.