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

Axis Bank Select Credit Card (4.3)

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Looking for a credit card that can unlock a world of travel, cashback rewards, and exciting benefits? Look no further than the Axis Bank Select Credit Card! For a joining and annual fee of ₹3,000, you'll enjoy a host of amazing perks, including a rewards rate ranging from 1% to 5%, free insurance coverage, discounts through Dining Delights, free golf rounds, milestone bonuses, free lounge access, and so much more. Keep reading to learn more. 👇

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

Amazon voucher worth ₹2,000 if the user makes the first purchase within 90 days of receiving the card.

Entertainment Benefit

Buy one movie ticket and receive up to ₹300 off on the second on BookMyShow. Save up to 20% on eating expenses.

Concierge Services
  • 24×7 Dedicated Concierge Desk.
  • Enjoy complimentary services for assistance on flight bookings, table reservations, exclusive events/shows, gift deliveries and more.
  • Contact the concierge at 1800 103 4962
Lounge Access
  • 2 free domestic lounge visits (max 2 per quarter).
  • 12 international lounge access per year with a Priority Pass membership.

Note- Priority Pass will renew on spending ₹3 Lakhs in preceding card anniversary year.

Insurance Benefit
  • Purchase protection up to ₹ 1 Lakh.
  • Cumulative cover upto USD 500 for the following:
    • Loss of travel documents
    • Delay of Check-in baggage
    • Loss of check-in baggage cover
Zero Lost Card Liability

If the missing card is reported to the bank promptly, the cardholder is not responsible for fraudulent purchases.

Reward Points
  • 10 Axis Edge Reward points on every ₹ 200 spent.
  • Earn 2X Reward points per ₹ 200 on Retail Shopping spends.
  • Reward Rate: 1% to 10%
Fuel Surcharge
  • Get 1% fuel surcharge refund on fuel purchases at all fuel stations across India.
  • Valid on transactions between ₹ 400 and ₹ 4,000 only; Maximum benefits up to ₹ 400 per statement cycle.

Note- Service tax charged on fuel surcharge is non-refundable, and no reward points are earned on fuel transactions.

Other Benefit
  • Every year, the user will get 6 free rounds of golf. 3 more golf rounds with the Axis Bank Select Credit Card on minimum yearly spending of ₹3,00,000.
  • 20% off on a bill of ₹2000 of BigBasket (website and app) with maximum discount of ₹500 per month, applicable once per month.
  • 40% off on minimum purchase of ₹400 (valid twice a month) on Swiggy (website and app), with maximum discount upto ₹200.
Fee and Charges

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

Charges

Joining Fee

₹3,000

Annual Fee

₹3,000

Annual Percentage Rate

52.86%

Add-on Card Fee

Free

Minimum Repayment Amount

5%

Cash Withdrawal Fee

2.50%

Cash Advance Limit

40%

Card Replacement Fee

Nil

Foreign Transaction Fee

3.50%

Over Limit Penalty

2.50%

Fuel Transaction Surcharge

Nil

Reward Point Value

₹0.20
Late Payment Charges

Balance below ₹500

₹ 0

Balance from ₹501 to ₹5000

₹ 500

Balance from ₹5001 to ₹10000

₹ 750

Balance more than ₹10000

₹ 1200
Pros

Aspects that make this credit card amazing.

  1. Useful rewards scheme.
  2. 0% introductory APR offered on purchases and debt transfers for the first six months.
  3. Waiver of annual fee available. Several essential benefits, including travel insurance and extended warranty protection.
  4. Complimentary international lounge access is also available with Priority Pass Membership.
Cons

Aspects this credit card lacks.

  1. High annual interest cost.
  2. This card can only be used in India and is not useful for travels abroad except complimentary lounge access.
  3. Complicated rewards scheme.
  4. No reward earnings on fuel transactions.
Axis Bank Select Rating & Reviews

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

Charges

(3.5)

Rewards

(3.5)

Customer Service

(3.5)

Axis Bank Select Credit Card Review

For those who prefer shopping in stores, the Axis Bank SELECT Credit Card is a highly rewarding option as it offers double the rewards on retail shopping. The best part is that you can earn high rewards across all offline transactions, as the accelerated rewards on retail spends are not limited to specific categories.
Moreover, the cardholders receive 6 complimentary international lounge visits and 6 more on reaching annual spends of ₹3 lakh, making it extremely beneficial considering the card's annual fee. Additionally, this card covers a wide range of everyday spending categories as it offers discounts on BookMyShow, Swiggy, and BigBasket. However, the catalogue redemption, as well as air mile conversion, lacks good redemption value, making it easier for the user to accumulate substantial reward points, but the value back against those rewards could have been better. Furthermore, as the card offers up to 12 international lounge visits in a year, having a low forex mark-up fee would have added value for travellers.

Overview

Best For                               Shopping, Travelling, Cashback
Joining Fee              ₹3000
Renewal Fee              ₹3000
Welcome Benefits  Amazon Voucher Worth ₹2000
Best Feature 20% off on BigBasket, 40% off on Swiggy, 1-2% Rewards Rate

Who should get Axis Bank Select Credit Card?

Axis Bank Select Credit Card is a good substitute if users want a credit card with high-end, multifaceted benefits. Travel, shopping, eating, grocery, fuel surcharges, milestone rewards, and many other categories are included. The exclusive memberships, discounts, and perks more than make up for the annual fee of ₹3,000. It has a fairly high reward rate, ranging from 1% to 2%. Earn 20 points for every ₹200 spent on "Retail Shopping" and 10 EDGE Reward Points (1% value) for every ₹200 spent on other purchases.

How to apply for Axis Bank Select Credit Card?

  •  Visit the official Axis Bank website.

  • Select the "Credit Cards" option by swiping down the menu.

  • Once the user comes across the option of "Axis Bank Select Credit Card."  

  • "Apply Now" option is to be selected as the next step.

  • Necessary information needs to be filled out on the form.

  • Click “Submit” once all the details are filled out.

Axis Bank Select Credit Card Eligibility

  • Age: 18 to 70 years
  • Occupation: Salaried or Self Employed
  • Income: Net Income of 6 lakh per annum or more.

Documents Required

  • 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 Select Customer Reviews

Overall Rating

2.5

Based on 2 reviews

Rating Summary

5
0%
4
50%
3
0%
2
0%
1
50%

Review Analytics

Fees 0 votes

Interest Rate 0 votes

Rewards 0 votes

Benefits 0 votes

Customer Service 0 votes

Frequently Asked Questions

If you like to pay your bills in cash, you can do the same to clear your Axis Bank credit card dues. All you need to do is visit any of the nearest branches of the bank and inform the representative that you want to pay your credit card bill with cash. However, a nominal service fee is levied per transaction. Just like other modes, the amount is cleared on the same day.

Individuals who qualify for the Axis Bank Select Credit Card include: Add-on cardholders who must be over the age of 18, and primary cardholders must be between the ages of 18 to 70. Both resident and non-resident Indians must have a net annual income of Rs. 9,00,000 or more. To be approved for the card, applicants must also have a high credit score.

The Select Credit Card has been handcrafted to provide you with the most lifestyle benefits possible and has a Rs. 2 lakh limit.

Yes, the interest-free period offer can range from 20 to 50 days depending on the transaction date. This promotion gives customers reasonable time to pay off their purchases without incurring interest.

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