Axis Bank
Axis Bank Cashback Credit Card
Annual Fee
₹590₹500 + GSTBase Reward
0.75% cashback
Foreign Markup
3.5%
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.
Category Rewards
shopping
7% Cashback Online
7%
utilities
0.5% Cashback
0.5%
Fee Waiver
Spend ₹4,00,000 and above in an anniversary year to be eligible for annual fee waiver
Reward Calculator
Earns ₹6,130/year (net)
Modest gain. Solid hold if you like the perks.
₹16K
across all your buckets
₹6.7K
direct cashback
₹6.7K
via direct credit
Effective rate
3.50%
Annual fee
₹590
Year 1 net
+₹6,130
Year 2+ net
+₹6,130
ongoing
Adjust your spend by reward bucket
3 bucketsSurcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Rent payment surcharge
1%Charged on every rent transaction via CRED / NoBroker / Magicbricks / etc.
Wallet load surcharge
1%Kicks in after ₹10,000 cumulative wallet loads/cycle (Paytm, PhonePe, Mobikwik)
Utility payment surcharge
1%Kicks in after ₹25,000 cumulative utility spends/cycle
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Excluded from rewards
fuel, emi, wallet, cash advance, rent, government
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
7% Cashback on online purchases; 0.75% Cashback on offline and travel spends; 0.5% Cashback on utility transactions.
Redemption
Cashback credited to statement
Benefits & Features
Domestic: N/A International: N/A
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
Partner Merchants
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Fees & Charges
Eligibility
Min Age
18 yrs
Networks
Fee Waiver
Spend ₹4,00,000 and above in an anniversary year to be eligible for annual fee waiver