Axis Bank Rewards Credit Card - Features, Benefits, Fees & Charges

Axis Bank Rewards Credit Card (4.3)

Regular Best For: Reward Points
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The name says it all: with this card, every purchase becomes an opportunity to earn exciting rewards. For a joining and annual fee of ₹1,000, you get 5,000 EDGE Reward Points, 10x Reward Points on every ₹125 spent, a membership package worth ₹1,000, 1500 EDGE Reward Points as a milestone benefit, 30% off on Swiggy, free lounge access, and much more! With a reward rate that can go as high as 3%, the Axis Bank Rewards Credit Card can be your go-to option to earn rewards every time you shop. Keep reading to learn more about the perks this card has to offer. 👇

Features and Benefits

Aspects that make spending using this card lit as the sun!

Welcome Bonus
Travel
Fuel
Rewards
Shopping
Cashback
Dining
Insurance
Interest
Lounge
Welcome Bonus

5,000 EDGE Reward Points on spending ₹1,000 or more within 30 days of card issuance.

Reward Points
  • 2 Edge Reward Points on every ₹125 spent
  • 10x Reward Points on every ₹125 spent on apparel and departmental stores
  • Accelerated Reward Points on spending ₹7,000 or more per month
  • Reward Rate: 0.3% to 3.3%
Milestone Benefit

1,500 Edge Reward Points on spending ₹30,000 per statement cycle

Dining Benefit
  • 30% off on Swiggy for food delivery
  • 15% off with Dining Delights Program at partner restaurants

Note: 

  • Maximum discount is capped at ₹150 per order
  • You can avail of the discount up to 2 times a month
  • Offer is applicable on minimum transaction of ₹200 per order
Lounge Access

2 free domestic lounge access per quarter
Click here for the list of lounges.

Fuel Surcharge

1% fuel surcharge waiver on transactions between ₹400 to ₹5,000

Insurance Benefit
  • Purchase Protection Cover up to ₹1 lakh
  • Cover of $300 of delay in check-in baggage and loss of travel documents
  • Credit Shield of ₹1 lakh

Click here for the cover and claim procedure.

Other Benefit

Bouquet of membership up to ₹1,000 every anniversary year.

Note: The bank will communicate the bouquet of benefits once you repay the minimum due amount.

Fee and Charges

Think of these as small investments to keep your credit card running smoothly.

Charges

Joining Fee

₹1,000

Annual Fee

₹1,000

Annual Percentage Rate

52.86%

Add-on Card Fee

Free

Minimum Repayment Amount

5%

Cash Withdrawal Fee

2.5%

Cash Advance Limit

NA

Card Replacement Fee

Free

Foreign Transaction Fee

3.5%

Over Limit Penalty

2.5%

Fuel Transaction Surcharge

1%

Reward Point Value

₹0.20
Late Payment Charges

Balance below ₹500

Nil

Balance from ₹501 to ₹5,000

₹500

Balance from ₹5,001 to ₹10,000

₹750

Balance more than ₹10,001

₹1,000
Pros

Aspects that make this credit card amazing.

  1. Unlimited EDGE Rewards points on all your spending, with no capping.
  2. Access to free lounges.
  3. Free insurance coverage.
  4. Easy redemption process of reward points.
Cons

Aspects this credit card lacks.

  1. The welcome benefit is only given after spending ₹1,000.
  2. It does not offer any entertainment benefits.
  3. It does not offer any entertainment benefits.
  4. No access to international airport lounges.
  5. No golf benefits are provided with this card.
Axis Bank Rewards Rating & Reviews

This is the truth, the whole truth, and nothing but the truth; brought to you by the other users.

Charges

(4)

Rewards

(4)

Customer Service

(3.5)

Axis Bank Rewards Credit Card Review

The Axis Bank Rewards Credit Card offers an array of rewards and benefits to its cardholders and is an excellent choice for those who frequently indulge in shopping and dining. With bonus reward points on purchases made at departmental and apparel stores and a 15% discount at partner restaurants across India through the Dining Delights program, this card ensures that every transaction made using it is rewarding.

Furthermore, the card has an annual fee of ₹1,000 plus taxes, which can be waived off by making purchases worth ₹2 lakh or more in a year. Cardholders can also enjoy multiple benefits, such as a welcome benefit, a monthly spending benefit, and an annual membership benefit. Overall, this card is a great option for individuals who want to earn rewards and enjoy benefits with every swipe of their credit card.

Cards similar to Axis Bank Rewards Credit Card:

  1. SBI Prime Credit Card
  2. American Express SmartEarn Credit Card
  3. IDFC FIRST Select Credit Card
  4. Standard Chartered Platinum Rewards Credit Card 

Overview

Joining and Annual Fee 

₹1,000 plus applicable taxes

Best For

Reward Points

Reward Rate

0.3% to 3.3%

Welcome Bonus

5,000 EDGE Reward Points.

Card Type

Regular Credit Card

Card Network

Visa and Mastercard

Reward Points on Axis Bank Rewards Credit Card

Spend Category

Reward Points

All spending except fuel

2 EDGE Reward Points per ₹125 spent

Apparel and Departmental Stores

10x Reward Points per ₹125 spent

Welcome Bonus

5,000 EDGE Reward Points on spending more than ₹1,000

Reward Points Redemption

Category

Redemption rate for every 1 EDGE Reward

Minimum points to redeem

Catalogue

Product and gift vouchers

300

Partner miles/points

10 RP = 1 Partner Point

NA

Pay with Points via SMS

1 RP = 20 paise

300

Online Pay with

Points Redemption

1 RP = 20 paise

300

Who should get an Axis Bank Rewards Credit Card?

The Axis Bank Rewards Credit Card is a good option for people who:

  • Spend a lot on apparel and departmental stores: The card earns 10x EDGE Reward points on these categories, which is equivalent to 8% cashback.
  • Travel frequently: The card waives the annual fee if you spend ₹2 lakhs or more annually. This is a good option if you travel frequently and spend a lot on your trips.
  • Want a simple rewards card: The Axis Bank Rewards Credit Card has a simple rewards structure that is easy to understand. You earn EDGE Reward points on all your spending, except for fuel, and you can redeem those points for various rewards.

How to apply for an Axis Bank Rewards Credit Card?

To apply for Axis Bank Rewards Credit Card, follow the below steps:

Step 1: Visit select.finology.in and click on the 'Credit Card' tab.
Step 2: Click on Card Issuers, where you will see a list of banks that issue credit cards.
Step 3: Choose 'Axis Bank' from the list.
Step 4: Choose 'Axis Bank Rewards Credit Card' and click on the 'Apply Now' button.
Step 5: Provide the required consent, and then you will be redirected to a page where you need to fill in your mobile number and PAN card number.
Step 6: Fill in the credit card application form and attach the documents required.

Axis Bank Rewards Credit Card Eligibility

  • Age: 18 to 70 years
  • Resident: Indian
  • Applicants must have a stable source of income to be eligible for this credit card.

Documents Required for Axis Bank Rewards Credit Card

  • Proof of identity: PAN Card, Aadhaar card, Driver’s License, Passport, Voter’s ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI or any other government-approved photo ID proof.
  • Proof of Address: Aadhaar card, Driver’s License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, or any other government-approved address proof.
  • Proof of Income: Latest one or two salary slips (not more than 3 months old), latest Form 16, and the last 3 months’ bank statement.
Axis Bank Cards Issued & Spends

Keep an eye on the credit card's monthly performance through the number of cards issued and the cumulative transaction value!

Bank name:

Axis Bank

Axis Bank Credit Card Customer Care Number:

1860 419 5555 / 1860 500 5555.

Axis Bank Card Offers:

View Offers

Total Cards:

1,39,09,552
Axis Bank Credit Card News
13 Mar 2024, Wednesday
1. Axis Bank suspends reward redemptions for credit cards used for Business Spends

Axis Bank has suspended reward redemptions for some credit cardholders and is requesting invoices to verify travel spending. The bank believes that some cardholders are misusing reward points by using their cards for business expenses, which is against the terms of the cardholder agreement. Axis Bank says that this is a routine exercise to monitor suspicious spending, but some genuine cardholders have also been flagged. Experts recommend using separate business credit cards to avoid such problems.

29 Nov 2023, Wednesday
2. Axis Bank has announced a significant devaluation of its Vistara credit cards, effective from 3 January, 2024.

Axis Bank has announced a significant devaluation of its Vistara credit cards, effective from 3 January 2024. The main changes include:

  • No points for government and utility spending: Cardholders will no longer earn any Vistara Points on transactions made towards government dues, utility bills, and insurance premiums. These were previously high-yielding categories that contributed significantly to point accumulation.
  • Loss of monthly milestone benefit: The monthly milestone benefit of 25,000 Vistara Points will also be discontinued. This was a valuable benefit for cardholders who consistently spent a certain amount each month.
10 Oct 2023, Tuesday
3. Axis Bank and Fibe have partnered to launch India's first numberless credit card.

Axis Bank, has teamed up with Fibe (formerly EarlySalary) to introduce the country's first-ever numberless credit card tailored for the tech-savvy Generation Z demographic.

This innovative credit card offers heightened security by eliminating the conventional card number, expiry date, and CVV code typically printed on physical cards. This forward-thinking design is expected to reduce the risk of identity theft or unauthorized access to cardholders' information, ensuring the utmost in security and privacy. The card will be accessible to Fibe's extensive customer base, which exceeds 2.1 million individuals.

13 May 2023, Saturday
4. Axis Bank links Rupay credit cards with UPI.

Axis Bank has enabled linkage of RuPay Credit Cards with Unified Payments Interface (UPI). This means that Axis Bank customers can now use their RuPay Credit Cards to make payments through UPI. UPI is a real-time payment system developed by National Payments Corporation of India (NPCI). It allows users to make instant payments to any bank account in India with just a few taps on their phone.

11 Apr 2023, Tuesday
5. Axis Bank Credit Cards adds six new transfer partners to EDGE Rewards

Taking the number up to 19, Axis bank added 6 new transfer partners to its existing list. These include hotel networks Accor ALL & Wyndham Rewards, Star Alliance’s Air Canada’s Aeroplan & Thai Airways Royal Orchid Plus as well as Oneworld Alliance’s Japan Airlines JAL Mileage Bank & Qantas Frequent Flyer.

These 19 transfer partners are cumulatively a part of Axis bank’s reward program known as the EDGE Rewards.

Axis Bank Rewards Customer Reviews

No Customer reviews yet. Be the first to review this card.

Frequently Asked Questions

You can apply for the Axis Bank Rewards Credit Card online, through the Axis Bank mobile app, or by visiting an Axis Bank branch.

To be eligible for the Axis Bank Rewards Credit Card, you must:

  • Be a resident of India
  • Be at least 18 years old
  • Have a stable source of income to be eligible for this credit card.

 

The credit limit for the Axis Bank Rewards Credit Card will be determined based on your creditworthiness.

The Axis Bank Rewards Credit Card is a rewards credit card that offers a range of benefits, including:

  • Earn 2 reward points on every Rs. 100 spent
  • 10X Reward Points on every ?125 spent on apparel and departmental stores
  • Redeem your reward points for a variety of rewards, including travel, merchandise, and more
  • No annual fee for the first year, and a renewal fee of Rs. 500 thereafter

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