Axis Business Supreme Master Credit Card
- Joining fee
₹1,500 + GST
- Annual fee
₹1,500 + GST
- Best suited for
Business Expenses
- Reward type
Reward Points
Rewards
- Rewards rate
4 RPs/₹200 on All Domestic Spends (Exclusions Apply), 6 RPs/₹200 for Marketing & Advertising Spends, 8 RPs/₹200 on International Spends
- Reward redemption
Rewards can be Redeemed at EDGE Rewards Portal
Benefits
- Domestic lounge
4 Free Access at Select Airport Lounges
Fees & charges
- Rewards redemption fee
Up to ₹99 + GST
- Foreign currency markup
3.5%
- Interest rates
3.6% Monthly (43.2% Annually)
- Fuel surcharge waiver
1%
- Cash advance charges
2.5% of the Amount or ₹500; Whichever is Less
Product highlights
- Useful for sole proprietors managing business expenses, such as utilities, taxes, and insurance.
- Offers accelerated rewards on specific spending categories.
Pros & cons
Pros
- Accelerated rewards for business spends like marketing & advertising.
- High reward rate on international transactions.
- Domestic airport lounge access.
- Milestone benefits for high annual spenders.
Cons
- No welcome benefits.
- No dining, travel, golf, or insurance perks.
- No spend-based fee waiver.
FAQs
What is the annual fee for the Axis Business Supreme Master Credit Card?
The annual fee is ₹1,500 + GST, which is also charged as the joining fee in the first year.
Is the Axis Business Supreme Master Card good for small business owners?
Yes, it is well-suited for sole proprietors and small business owners who frequently spend on marketing, advertising, and international purchases.
What is the reward rate on the Axis Business Supreme Master Credit Card?
You earn 4 RPs/₹200 on domestic spends, 6 RPs/₹200 on marketing & advertising, and 8 RPs/₹200 on international spends.
Are there any milestone benefits on this credit card?
Yes, cardholders can earn 10,000 EDGE RPs on transactions above ₹5 lakh and 5,000 RPs on spends above ₹8 lakh.
Does the Axis Business Supreme Mastercard offer airport lounge access?
The card offers 4 complimentary airport lounge visits per year, most likely limited to domestic lounges.
Does the card offer a waiver on the renewal fee?
No, the Axis Business Supreme Master Credit Card does not offer a spend-based waiver on the renewal fee.
What is the foreign currency markup on this card?
The card charges a foreign currency markup fee of 3.5% on international transactions.
Is the Axis Business Supreme Master better than the Visa version?
While both have similar features, the Visa variant is lifetime free, whereas the MasterCard version charges an annual fee but offers accelerated reward rates.