Travel on Points

Axis Bank Rewards Credit Card

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  • Joining fee

    ₹1,000 + GST

  • Annual fee

    ₹1,000 + GST

  • Best suited for

    Dining, Shopping

  • Reward type

    Reward Points

Rewards

  • Rewards rate

    10X EDGE Points/₹125 Spent at Departmental and Apparel Stores. 2 EDGE Points/₹125 on All Eligible Spends.

  • Welcome benefits

    5,000 EDGE Reward Points (Worth ₹1,000) on Spending ₹1,000 or More Within the First Month of Card Issuance

  • Reward redemption

    Reward Points Can be Redeemed for Vouchers, Products, and More. 1 EDGE Reward Point = ₹0.20

Benefits

  • Movie & dining

    30% off on Swiggy orders and a 15% discount at various partner restaurants with the Dining Delights Program

  • Domestic lounge

    2 Free Visits Each Quarter (On Spends of ₹50,000 or More in the Last Quarter)

  • Insurance

    Rs. 1 Lakh purchase protection cover and cover for loss of travel documents and baggage

Fees & charges

  • Spend-based waiver

    Renewal fee is waived off on spending Rs. 2 Lakhs or more in the card anniversary year

  • Rewards redemption fee

    Nil

  • Foreign currency markup

    3.5%

  • Interest rates

    3.75% Per Month or 55.55% Per Annum

  • Fuel surcharge waiver

    1% Waiver on Fuel Transactions Between ₹400 and ₹5,000. Maximum ₹400 Each Statement Cycle

  • Cash advance charges

    2.5% of the Amount Withdrawn or ₹500, Whichever is Higher

Product highlights

  • Welcome benefit of 5000 EDGE reward points
  • 2 EDGE reward points on every send of Rs. 125
  • 10x EDGE reward points on every spend of Rs. 125 on departmental and apparel stores
  • Membership benefits worth Rs. 1000 per card anniversary year
  • 30% off on Swiggy orders and 15% off at partner restaurants with the Dining Delights Program
  • 2 complimentary domestic airport lounge access per quarter
  • 1% fuel surcharge waiver with a maximum benefit of Rs. 400 every statement cycle
  • 1 Lakh purchase protection cover and cover for loss of travel documents and baggage

Pros & cons

Pros

  • This card is best suited for avid shoppers as it provides 2 Edge Reward Points for every spend of ₹125.
  • You get 5,000 Edge Reward Points as a welcome point within 30 days of card issuance.

Cons

  • With the Axis Bank Rewards Credit Card, you won’t get access to international lounges at airports.
  • No golf benefits are provided with this card.

FAQs

Can I get the renewal fee of Rs. 1000 waived off on this card?

Yes, you can get the ₹1000 renewal fee of the Rewards credit card waived off by spending ₹2 Lakhs or more in the previous year.

What is the interest rate on the Rewards credit card?

The interest rate on the Rewards credit card is 3.75% per month or 55.55% per annum.

Can I withdraw cash with the Rewards credit card?

Yes, you can make a cash withdrawal using the Rewards credit card. You will be charged a cash advance fee of 2.5% of the withdrawal amount or ₹500, whichever is higher of the two.

What are the milestone benefits offered by the Axis Bank Rewards credit card?

Cardholders can get a bonus of 1,500 EDGE reward points on spending ₹30,000 or more every month. Rent, wallet reloads, fuel, and cash withdrawal transactions do not count towards the milestone benefit.

Do I get complimentary lounge access with this credit card?

Yes, you get two complimentary domestic lounge accesses at airports across India with the Rewards credit card. However, you do not get international lounge access with this card.