A weird thing happened to me . I have Flipkart axis and i received cashback for June statement on July 11 and i did some shopping and recharge transactions on CRED and for which cashback was mentioned in the statement but no cashback was credited . I asked axis customer support through call and they told me that you did rental transactions for which no cashback will be credited . I was shocked , i never did any rental transactions in my life and who does rental transactions of 666₹ or 129₹ or 1400₹ ....these were recharge and shopping transactions . As per them , any transactions on CRED is considered as rental transactions. I am waiting for the day when axis will tell any transactions done on Flipkart and Myntra are also rental transactions, so we won't credit cashback.