Axis Bank Rewards Credit Card
Axis Bank
Annual Fee
₹1,000
Joining Fee
₹1,000 + GST
Base Reward
2% cashback
Foreign Markup
3.5% + GST
Fee Waiver
Waived on ₹2 Lakhs annual spend
Interest Rate
3.75% per month
Welcome Benefits
5,000 EDGE Reward Points (Worth ₹1,000) on Spending ₹1,000 or More Within the First Month of Card Issuance
Product Highlights
- Welcome benefit of 5000 EDGE reward points
- 2 EDGE reward points on every spend of ₹125
- 10x EDGE reward points on every spend of ₹125 on departmental and apparel stores
- Membership benefits worth ₹1000 per card anniversary year
- 30% off on Swiggy orders
- 5% CashBack on Amazon
- 5% CashBack on Flipkart
- 1% CashBack on all other spends
Rewards
10X EDGE Points on every ₹125 spent at Departmental and Apparel Stores. 2 EDGE Points on every ₹125 on all eligible spends. 30% off on Swiggy orders.
Redemption
1 CashPoint = ₹1 against statement
Category Rewards
| Category | Reward Rate | Monthly Cap |
|---|---|---|
dining | 15%(15% off at partner restaurants) | No cap |
shopping | 10%(10X EDGE Points at Departmental and Apparel Stores) | No cap |
Merchant-Specific Rewards
| Merchant | Reward | Context |
|---|---|---|
| Swiggy | 30% off(Maximum discount of ₹150, available twice per month.) | online |
| Amazon | 5% CashBack | online |
| Flipkart | 5% CashBack | online |
Benefits & Features
Domestic: 4 complimentary visits per quarter via DreamFolks (On Spends of ₹50,000 or More in the Last Quarter) International: 2 per year via Priority Pass (Available from year 2 onwards) 2 complimentary domestic lounge access every quarter with the Rewards credit card.
Fees & Charges
Eligibility
Min Age
21 years
Max Age
40 years
Min Income (Salaried)
₹35,000
Min Income (Self-Employed)
₹6,00,000
Available Networks
Pros & Cons
Pros
- Best suited for avid shoppers as it provides 2 Edge Reward Points for every spend of ₹125.
- 5,000 Edge Reward Points as a welcome point within 30 days of card issuance.
- 1,000 CashPoints on card setup
- 4 complimentary lounge visits per quarter
- ₹1,000 gift vouchers on ₹1L quarterly spend
Cons
- No access to international lounges at airports.
- No golf benefits provided with this card.
- Annual fee of ₹1,000
- Min ₹2L quarterly spend for lounge access
Additional Info
Welcome benefit is not available to those who swap their existing Axis Bank card for the Rewards credit card.
Accelerated reward points are capped at 1,008 points per month on spending a maximum of ₹7,000.
Excluded Categories