Axis Bank
IKEA Family Credit Card
Annual Fee
₹885₹750 + GSTBase Reward
1% points
Foreign Markup
3.5%
Welcome Benefits
None
Product Highlights
- Lifetime free card
- 3 EDGE Reward Points/₹100 spent on IKEA purchases
- 2 EDGE Reward Points/₹100 spent on dining
Category Rewards
dining
2 EDGE Reward Points per ₹100 on dining
0.4X
Merchant-Specific Rewards
1 pt ≈ ₹0.25–₹0.50
IKEA India
3 EDGE Reward Points per ₹100 at IKEA India (stores, app, website)
Reward Calculator
Costs you ₹135/year
Break-even needs ~₹18,880/month at your reward mix.
₹16K
across all your buckets
3K
Axis EDGE Reward Points
₹750
via statement credit · ₹0.25/pt
Effective rate
0.39%
Annual fee
₹885
Year 1 net
₹-135
Year 2+ net
₹-135
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
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 3 EDGE Reward Points for every ₹100 spent at IKEA. Earn 2 EDGE Reward Points for every ₹100 spent on dining.
- Exclusive SMS-Based Redemption on IKEA Purchases
Benefits & Features
15% Discount on Dining through EazyDiner, valid once per card per month.
Pros & Cons
Pros
- Lifetime free card
- Earn 3 EDGE Reward Points/₹100 on IKEA spends
- 15% discount on dining
Cons
- Primarily benefits IKEA purchases
- No travel or lounge access
Additional Info
This card is ideal for IKEA shoppers.
No annual fees make it budget-friendly.
Excluded Categories
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Networks