Axis Bank ADVANTAGE Savings Account

New onboarding for the ADVANTAGE Savings Account has been discontinued effective 2nd September 2026.

Existing customers can continue to use their account and avail the banking services and features. Any changes applicable to existing customers will be communicated separately by the Bank.

Currently, conversion to another Savings Account variant is not available. The Bank is in the process of identifying an appropriate variant for migration of existing customers. Further details will be communicated to customers once finalized.

ADVANTAGE Savings Account is a digital savings account variant of Axis Bank with an exclusive AXIS BANK FLIPKART co-branded debit card and other banking benefits.
New customer onboarding for the Advantage Savings Account has been discontinued effective 2nd September 2026.

• Flat 5%* cashback for every debit card and UPI transaction done on Flipkart
• 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

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

Please click here to view the schedule of charges.

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.axis.bank.in/support or contact us at 1860 500 5555 to get instant support. For account information, SMS HELP to 56161600.