Axis Bank
Axis Bank Olympus Credit Card
Annual Fee
₹23,600₹20,000 + GSTBase Reward
1% points
Foreign Markup
1.8% + GST (Effectively Costing 2.12%)
Welcome Benefits
Taj/ITC Hotel vouchers worth Rs. 10,000 and 2,500 Edge miles worth Rs. 2,500
Product Highlights
- High rewards on international spending
- Unlimited lounge access
- Complimentary Taj Epicure membership
- Complimentary stay program at Hotels.com
- Taj Epicure Membership
Category Rewards
entertainment
5% CashBack on Movies
5X
travel
8% on International Spending
8X
Reward Calculator
Costs you ₹23,600/year
Spend doesn't justify the fee. Consider a lifetime-free option.
₹25K
across all your buckets
0
Axis EDGE Miles
₹0
via catalogue
Effective rate
0.00%
Annual fee
₹23,600
Year 1 net
₹-23,600
Year 2+ net
₹-23,600
ongoing
Adjust your spend by reward bucket
1 bucketsMilestone Rewards
Bonus rewards unlocked at spend thresholds. Use the slider to see what your spend pattern unlocks.
per year · You spend ≈ ₹6L
1 Golf round or lesson
Surcharges & 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
Excluded from rewards
transportation and tolls, utility, insurance, education, government, wallet, rent
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
1 EDGE Mile on every Rs. 100 spent on domestic transactions and 2 EDGE Miles on every Rs. 100 spent on international transactions. Travel partners include Accor Hotels, Air Canada, Ethiopian Airlines, Etihad, Japan Airlines, Marriott International, Qatar Airways, Singapore Airlines, Turkish Airlines, Thai Airways, United Airlines, Wyndham Hotels, Air France-KLM, Air India, Air Asia, ITC, IHG Hotels, and Qantas Airways.
- 1 EDGE Mile = 4 Partner Points
Benefits & Features
Domestic: Unlimited domestic lounge access (Both primary and add-on Axis Olympus cardholders are entitled to unlimited domestic airport lounge access at select airports nationwide.) International: Unlimited International Airport Lounge Access With Priority Pass (Complimentary Priority Pass membership allows unlimited complimentary access to over 1,200+ international airport lounges worldwide.) Complimentary access to domestic and international lounges with specified guest visit limits.
Pros & Cons
Pros
- Wide range of benefits from movies to dining
- High reward rate on international spends
- 2500 bonus reward points every year
- Excellent redemption ratio of 1:4 against travel partners
- Unlimited domestic lounge access
Cons
- No milestone benefits associated with the card
- Low earn rate of up to 2 points per Rs. 100
- Exclusions on transportation, utilities, and fuel transactions
Additional Info
Important note regarding Taj Epicure membership renewal
This card is not available on Paisabazaar.com.
Details mentioned are for informational purposes only.
Excluded Categories
Partner Merchants
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Fees & Charges
Eligibility
Networks