Axis Bank
Axis Bank SELECT Credit Card
Annual Fee
₹3,540₹3,000 + GSTBase Reward
2% edge_points
Foreign Markup
3.5% + GST
Welcome Benefits
10,000 EDGE Reward Points (Worth ₹2,000) on First Transaction
Product Highlights
- 20 EDGE Points/₹200 on retail spends
- 12 complimentary international lounge accesses
- 5% CashBack on Amazon
- 5% CashBack on Flipkart
- 1% CashBack on all other spends
Category Rewards
shopping
2X EDGE on retail shopping
2X
~0.4% effective
Fee Waiver
Renewal Fee Waived on Spends of ₹8 Lakh or More
Merchant-Specific Rewards
1 pt = ₹0.2
BigBasket
Flat ₹500 off(On minimum purchase of ₹2,500)
Swiggy
Flat ₹200 off(Valid twice a month on minimum transaction amount of ₹1,000)
Reward Calculator
Profitable in Year 1 only
Welcome bonus covers Y1. From Y2: ₹-1,620/year. Cancel before renewal or up your spend.
₹13K
across all your buckets
9.6K
Axis EDGE Reward Points
₹1.9K
via edge catalogue · ₹0.2/pt
Effective rate
1.23%
Annual fee
₹3,540
Year 1 net
+₹380
incl. welcome
Year 2+ net
₹-1,620
ongoing
Adjust your spend by reward bucket
2 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, jewelry, gold, insurance, education, government, financial institutes, outstanding balance, card fees
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
Earn 20 EDGE Points per ₹200 on retail spends up to ₹20,000 cumulatively per month, and 10 EDGE Points per ₹200 spent thereafter. Enjoy discounts at partner restaurants and on Swiggy orders.
- 1 CashPoint = ₹1 against statement
We use ₹0.2/point as the effective value for card comparisons and recommendations.
Benefits & Features
Domestic: 4 complimentary visits per quarter via DreamFolks (Spends of ₹50,000 or More in the Previous 3 Months) International: 2 per year via Priority Pass (With Priority Pass Membership) Full lounge access description
Pros & Cons
Pros
- ₹200 off on Swiggy orders twice a month
- Complimentary priority pass membership included
- 1,000 CashPoints on card setup
- 4 complimentary lounge visits per quarter
- ₹1,000 gift vouchers on ₹1L quarterly spend
Cons
- No reward points on fuel transactions
- High joining fee of ₹3,000 plus applicable taxes
- Annual fee of ₹1,000
- Limited to specific merchants for higher cashback
Additional Info
Important note 1
Note 2
Earn 20 EDGE Points/₹200 on spends up to ₹20,000 cumulatively per month.
Excluded Categories
Partner Merchants
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Fees & Charges
Eligibility
Min Age
21 yrs
Salaried
₹0.3L+
Self-Emp
₹6.0L+
Networks
Fee Waiver
Renewal Fee Waived on Spends of ₹8 Lakh or More