Axis Bank Cashback Credit Card
Axis Bank
Annual Fee
₹1,000
Joining Fee
₹1,000 + GST
Base Reward
0.75% cashback
Foreign Markup
3.5%
Fee Waiver
Spend ₹4,00,000 and above in an anniversary year to be eligible for annual fee waiver
Interest Rate
3.75% per month (55.55% annually)
Welcome Benefits
5,000 EDGE Reward Points on making the first transaction within 30 days
Product Highlights
- 7% cashback on online purchases above ₹40,000.
- 5% cashback on online spending between ₹5,000 and ₹40,000.
- 2% cashback on online spending up to ₹5,000.
- 0.75% unlimited cashback on travel and offline spending.
Rewards
7% Cashback on online purchases; 0.75% Cashback on offline and travel spends; 0.5% Cashback on utility transactions.
Redemption
Cashback credited to statement
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
shopping | 7%(7% Cashback Online) | No cap |
utilities | 0.5%(0.5% Cashback) | No cap |
Benefits & Features
Domestic: N/A International: N/A
Fees & Charges
Eligibility
Min Age
18 years
Max Age
70 years
Available Networks
Pros & Cons
Pros
- High 7% cashback on online purchases.
- 0.75% unlimited cashback on offline and travel spending.
- Welcome benefit of 5,000 EDGE Reward Points.
Cons
- No fuel surcharge waiver offered.
- High spend threshold of ₹4 lakh for renewal fee waiver.
Additional Info
Important: Cashback on utility transactions is capped at ₹100 per month.
Cashback earned is credited to the statement before the next statement date.
Offers not used in one month cannot be carried over to another month.
Excluded Categories