Ever felt stuck in a credit loop? You need a credit card to build a credit score, but you need a good credit score to get a credit card. 

It's frustrating, especially when you're just starting out or trying to bounce back from a financial slip. That's where Axis Bank's FD-backed credit card steps in. 

You open a Fixed Deposit (FD), and the bank gives you a credit card against it. No complex paperwork, no high-risk lending, just a smart, secured way to start building (or rebuilding) your credit profile. If you're serious about getting your credit journey on track, this could be the simplest first step you can take.

Table of Contents 

1. Credit Card Against FD: Overview
2. How Axis Bank Credit Card Against FD Works
3. Why Choose an Axis Bank Credit Card Against FD?
4. FD Backed Credit Cards Offered By Axis Bank
5. Eligibility Criteria for Axis Bank Credit Card Against FD
6. How to Apply for Axis Bank Credit Card Against FD
7. Current Fixed Deposit Interest Rate Trends

Credit Card Against FD: Overview

An Axis Bank credit card against fixed deposit is exactly what it sounds like: a credit card that uses your FD as security. Your deposit stays put and keeps earning interest while the card gives you a credit limit linked to it. No need to break your savings.

It's a great option if you're:

• Just starting your credit journey
• Self-employed without regular income proof
• Or someone looking to rebuild or improve their credit score

By using this card smartly, you get a reliable spending tool and a way to strengthen your credit profile, all while your money keeps working for you.

How Axis Bank Credit Card Against FD Works

Here's how it works: when you apply for an Axis Bank credit card against an FD, your fixed deposit acts as security. The bank places a lien on it, which means you can't break or withdraw the FD until your credit card dues are cleared. Your credit limit is usually 80% to 90% of the FD amount. The best part? Your FD keeps earning interest as per usual, so your money keeps growing while you build credit.

But don't slack on payments. If you default, the bank can dip into your FD to recover the dues (after giving you a heads-up). So, while the card helps you access credit and build a score, it also gives the bank a safety net. It's a win-win, as long as you stay responsible.

Why Choose an Axis Bank Credit Card Against FD?

Axis Bank's credit cards against fixed deposits are designed for easy access and smart credit building, even if you don't have proof of income or a credit history. Here's why they work so well for beginners or anyone rebuilding their score:

• No income proof required: The fixed deposit acts as sufficient collateral, eliminating the need for income documentation. This broadens credit access.
• Assured approval: The streamlined application process often results in assured approval once the FD is established.
• Flexible credit limit: A credit limit of up to 80% (Axis Bank specific) of your fixed deposit value offers significant financial flexibility.
• Reward points & offers: Cardholders can earn exclusive EDGE REWARD points on transactions. Additional benefits include various discounts and cashback.
• Credit score improvement: Consistent and responsible card usage is vital. Timely bill payments and managing credit utilisation can significantly enhance your CIBIL score.
• Online application: The application process is available online. You can apply via Axis Bank's internet banking platform or mobile banking app.

Now that you know the benefits of an Axis Bank FD-backed credit card, let's discuss the secured credit card options the bank offers for you to choose from.

FD Backed Credit Cards Offered By Axis Bank

Axis Bank offers a smart selection of secured credit cards that let you build credit without dipping into your savings. These cards are backed by a fixed deposit, so you get the perks of a regular credit card while your FD stays untouched and keeps earning interest.

You'll find them listed under the "Explore Products" section on Axis Bank's site, though availability may vary. As of now, there are three FD-backed credit card options on offer, each designed for different spending habits and financial goals. Let's break them down.

MY ZONE EASY Credit Card

The Axis Bank MY ZONE EASY credit card is specifically marketed as a "Fixed Deposit backed secured credit card" and comes with guaranteed approval.

Key features include:

• Minimum FD requirement: ₹15,000 to ₹25 lakh
• Annual fee: ₹500.
• Movie ticket cashback: 25% cashback on movie tickets (online or box office), capped at ₹1,000 annually.
• EDGE REWARD points: Earn 4 EDGE REWARD points for every ₹200 spent domestically.
• Interest-free period: Up to 50 days of interest-free credit on purchase transactions, subject to timely clearance of previous dues.
• Contactless payment: Secure tap-and-pay transactions for amounts up to ₹5,000.
• Cash withdrawals: Withdraw up to 100% of the credit limit from day one.
• Fuel surcharge waiver: A 1% waiver on fuel transactions between ₹400 and ₹4,000, with a maximum benefit of ₹400 per statement cycle.
• EMI conversion: Purchases exceeding ₹2,500 can be converted into Equated Monthly Installments (EMIs).
• Dining benefits: Enjoy a minimum 15% discount at partner restaurants via the Axis Bank Dining Delights program.
• Wednesday offers: Exclusive offers on flights, hotels, Swiggy, Amazon Fresh, and Tira every Wednesday.
• Security features: Equipped with platinum chip contactless technology and chip and PIN protection.

With guaranteed approval and a modest FD requirement, MY ZONE EASY is a solid entry point into the world of credit cards. It offers rewards, flexibility, and ease, all backed by a simple fixed deposit.

Fees & Charges for MY ZONE EASY Credit Card

Knowing your credit card fees is key to managing it smartly and building a strong profile.

Here's a breakdown of the key fees for the Axis Bank MY ZONE EASY credit card:

Description	Charges
Joining Fee	₹500
Annual Fee	₹500
Add-on Card (Joining & Annual Fee)	Free
Interest on Purchases/Cash	3.40% per month (49.36% per year)
Cash Withdrawal Fee	2.5% of the amount (Min. ₹500)
Cash Payment Fee	₹175
Card Replacement	Free
Late Payment Charges	₹0 (if due < ₹500) ₹500 (₹501–₹5,000) ₹750 (₹5,001–₹10,000) ₹1,200 (> ₹10,000) +₹100 if 2 payments missed in a row
Over Limit Fee	2.5% of extra amount (Min. ₹500)
Fuel Surcharge	1% (Refunded for ₹400–₹4,000 spends)
Foreign Currency Transaction Fee	3.5% of the transaction amount
Reward Redemption Fee	Applicable
Rent Payment Fee	1% on rent payments (Code MCC 6513)
Currency Conversion Markup (INR abroad or at foreign-registered merchants)	1.5% + taxes

Apart from MY ZONE EASY, Axis Bank also offers a general "Credit Card Against Fixed Deposit" facility. This lets you pick from a wider range of Axis credit cards backed by an FD, depending on how you spend. The minimum FD amount? Just ₹15,000.

Axis Bank's site mentions that secured versions may be available for popular cards like:

• IndianOil Axis Bank credit card
• Axis Bank Privilege credit card
• Axis Bank My Zone credit card

But here's the catch: availability can vary. So, before locking in a deposit, it's best to contact the bank and confirm which secured credit card options are open to you.

Card Name	Minimum FD Amount	Annual Fee	Key Features/Benefits (FD-backed context)
My Zone Easy	₹15,000 to ₹25,00,000	₹500	Movie ticket cashback, EDGE REWARD points, 50-day interest-free credit, Contactless payment, Cash withdrawals, Fuel surcharge waiver, EMI conversion, Dining discounts, Wednesday Delight offers, Platinum Chip contactless technology.
General FD-linked Credit Card	₹15,000	Varies by chosen card	Access to a range of Axis Bank credit cards with FD as collateral.

You can stick with the simplicity of My Zone Easy or opt for other FD-backed cards that better match your spending habits. Either way, Axis Bank makes it easier to access credit, no existing credit history required. Just be sure to check with the bank for the latest list of eligible secured cards before making your deposit.

Eligibility Criteria for Axis Bank Credit Card Against FD

To get an Axis Bank credit card against a fixed deposit, you need to tick a few basic boxes.
You must be:

• An Indian citizen
• At least 18 years old
• A PAN card holder

The main requirement? You should either have an existing Axis Bank fixed deposit or be ready to open one, which you can even do via any UPI app.

The minimum FD amount is ₹15,000 across most cards. That said, the MY ZONE EASY card allows deposits of up to ₹25 lakh, giving you a wider limit range to play with.

To get an Axis Bank credit card against a fixed deposit, you need to tick a few basic boxes.

Want to learn more about how secured credit cards can help you build credit while enjoying exclusive rewards? Read the guide on credit cards against FD to get all the details.

How to Apply for Axis Bank Credit Card Against FD

Getting an Axis Bank credit card against a fixed deposit is refreshingly simple and 100% digital. You can apply through Axis Bank's internet banking portal or mobile app. Your identity is verified using your Aadhaar and PAN, so no paperwork hassles.

Just pick your FD amount, set your desired credit limit, and enter your personal details. Then make the FD payment online. If you're new to the bank, a quick video KYC with a bank agent seals the deal.

Once approved, your physical credit card will be on its way. You can activate it and set your PIN online (through the website or via the mobile banking app). Smooth, secure, and inclusive, just the way modern banking should be.

Current Fixed Deposit Interest Rate Trends

Fixed deposit rates are cooling down, and that matters if you're eyeing a credit card backed by one. Recently, top banks like HDFC, ICICI, PNB, and Canara Bank trimmed their FD rates by 20 to 60 basis points. Now, most banks offer between 6.25% to 6.5% annually on term deposits.

Axis Bank isn't far off. As of 10 May 2025, it offers:

• 3.00% to 7.05% p.a. for general customers
• 3.50% to 7.65% p.a. for senior citizens
  (on FDs below ₹3 crore)

Even when your FD is pledged for a credit card, it still earns interest. But with rates trending lower, the returns may dip slightly. Still, the real value of these cards lies not in the interest earned, but in the access to credit they offer and the opportunity to build your credit score from scratch.

If you want more detailed information about the different Axis Bank credit cards and their respective features, check out an in-depth breakdown of Axis Bank credit cards.

Conclusion

If you're building credit or don't have proof of income, Axis Bank's FD-backed credit cards offer a smart, low-risk way to get started. Your fixed deposit stays intact and keeps earning interest while the card helps you build your credit score, one swipe at a time.

They're a solid pick for students, freelancers, or self-employed individuals who don't qualify for traditional credit cards. Since the bank already holds collateral, approval is faster and smoother. The fully online application process and clear terms make it even more convenient.

But if you already have a strong credit profile and want perks like cashback, air miles, or lounge access, it might be time to level up.

That's where Finology Select comes in. Here, you can compare 90+ credit cards across banks and pick the one that actually fits your lifestyle, not just your income bracket.

Frequently Asked Questions (FAQs)

Q1: What is the minimum fixed deposit amount for an Axis Bank credit card against fixed deposit?

The minimum fixed deposit amount required is ₹15,000.

Q2: Can I apply for an Axis Bank credit card against FD if I don't have income proof?

Yes, the fixed deposit acts as sufficient collateral, eliminating the need for income documentation.

Q3: Does my fixed deposit still earn interest when pledged for a credit card?

Yes, your fixed deposit continues to accrue interest as per its original terms.

Q4: How much credit limit can I get with an Axis Bank credit card against FD?

You can typically receive a credit limit of up to 80% of your fixed deposit value.

Q5: How can an Axis Bank credit card against FD help me build my credit score?

Consistent, responsible usage, including timely bill payments, can positively influence your CIBIL score.

Q6: What is the annual fee for the Axis Bank MY ZONE EASY credit card?

The Axis Bank MY ZONE EASY credit card has an annual fee of ₹500.

Q7: What happens if I fail to pay my credit card dues for an FD-backed card?

The bank reserves the right to use the linked fixed deposit to recover the owed amount, typically after prior notification.

Q8: Are there any specific offers for the Axis Bank MY ZONE EASY credit card on Wednesdays?

Yes, the MY ZONE EASY credit card offers "Wednesday Delight" with exclusive offers on flights, hotels, Swiggy, Amazon Fresh, and Tira.