Axis Bank Rewards Credit Card benefits
- Rewards10X
EDGE Reward points at apparel and department stores
up to ₹7,000 a month
- Rewards1,500
EDGE Reward points on spends of ₹30,000 in a statement cycle
- Rewards2
EDGE Reward points per ₹125 on other spends
- Rewards5,000
EDGE Reward points on spends of ₹1,000 within 30 days
- Lounge2
domestic lounge visits each quarter, on spends of ₹50,000 in 3 months
- Fees
Annual fee waived on spends of ₹2 lakh in a year
Axis Bank Rewards Credit Card rewards and cashback
| Where you spend | Rate | Monthly limit |
|---|---|---|
| Everything else10X points, 20 per ₹125, at apparel and department stores, on spends up to ₹7,000 a statement month. Left out of the maths because it covers only these stores. | 16 points per ₹100 | None |
| Everything else | 1.6 points per ₹100 | None |
We value one point at ₹0.2 in the usual redemption.
No rewards on: Transportation and tolls, utilities and some telecom, insurance, education, government, wallet and wire transfers, rent and fuel.
All reward rules
- Axis Bank gives 2 EDGE Reward points per ₹125 spent, which is 1.6 points per ₹100. 1 point is worth ₹0.20 in the bank's terms.
- Milestone: 1,500 EDGE Reward points on spends of ₹30,000 in a statement cycle. Not counted in the maths.
- Welcome benefit: 5,000 EDGE Reward points on spends of ₹1,000 within 30 days of card issue.
- A 1% fee applies to rent, and to education payments through third-party apps. A 1% fee also applies in a statement cycle if utilities reach ₹25,000, fuel ₹50,000, wallet loads ₹10,000 or online skill gaming ₹10,000.
What the Axis Bank Rewards Credit Card gives back in a year
Say you spend ₹30,000 a month, like our “online shopper” pattern. Worked out with the same maths as the calculator above.
| Spending | A month | Back | A year |
|---|---|---|---|
| Groceries | ₹3,000 | 0.32% | ₹115 |
| Dining and food delivery | ₹2,000 | 0.32% | ₹77 |
| Online shopping | ₹18,000 | 0.32% | ₹691 |
| Travel | ₹1,000 | 0.32% | ₹38 |
| Fuel | ₹1,000 | 0% | ₹0 |
| Bills and utilities | ₹2,000 | 0% | ₹0 |
| Everything else | ₹3,000 | 0.32% | ₹115 |
| Total | ₹30,000 | ₹1,037 | |
| Renewal fee with GST | Waived | ||
| You keep | ₹1,037* |
Axis Bank Rewards Credit Card annual fee and charges
- Joining fee
- ₹1,000
- Annual fee
- ₹1,000
- Fee waiver
- ₹2,00,000 a year
- Foreign currency markup
- 3.5%
The annual fee is waived on spends of ₹2 lakh in the preceding card anniversary year. Rent and wallet spends do not count. Fees are before GST.
Axis Bank Rewards Credit Card eligibility
We could not confirm age and income limits from Axis Bank's card page. The bank decides at the time of application.
The bank alone decides approval and your credit limit.
Axis Bank Rewards Credit Card lounge access
8 domestic visits a year. Banks often set a spend condition, so read the reward rules above.
2 domestic lounge visits each quarter, on spends of ₹50,000 in the previous 3 calendar months.
Is the Axis Bank Rewards Credit Card right for you?
A card with a ₹1,000 fee that spending can waive, paying a below-average 0.32% on most spends.
Worth its fee if you spend about ₹17,000 a month or more. Below that, the ₹1,000 fee costs more than the card gives back on spending like the example above.
Good for you if
- You spend ₹2,00,000 a year or more (about ₹16,700 a month), so the ₹1,000 renewal fee is waived.
- You fly a few times a year: it includes 8 domestic airport lounge visits a year.
Not for you if
- You spend less than about ₹16,700 a month: you would pay ₹1,180 a year with GST.
- Much of your spending is on bills and utilities: this earns no rewards.
Check the latest fees and terms on the bank's page before you apply.
Alternatives to Axis Bank Rewards Credit Card
Two similar cards to weigh up before you apply. The last column shows what each may be worth on ₹30,000 a month of mixed spending, after the renewal fee with GST. Rates paid only at named brands are not counted, so a brand card can earn more if you shop there.
| Card | Annual fee | Rewards up to | You keep a year |
|---|---|---|---|
| Axis Bank Rewards Credit Card | ₹1,000 | 3.2% | ₹922* |
| HSBC Live+ Credit Card | ₹999 | 10% | ₹17,100* |
| Cashback SBI Card | ₹999 | 5% | ₹6,720* |
If most of your spending looks like the example above, the HSBC Live+ Credit Card may suit you better: it would leave you ₹12,360 a year, against ₹1,037 with the Axis Bank Rewards Credit Card.
*Estimate only, not a promise. We work it out from the bank's published terms and the spending you enter. What you actually get depends on the bank, your transactions and any change in its terms.
Frequently asked questions
What is the annual fee of the Axis Bank Rewards Credit Card?
The joining and annual fee is ₹1,000 before GST. The annual fee is waived on spends of ₹2 lakh in the preceding card anniversary year.
Is the Axis Rewards Credit Card lifetime free?
No. It has a ₹1,000 yearly fee, which you can avoid by spending ₹2 lakh in a year.
How many reward points does the Axis Rewards Credit Card give?
It gives 2 EDGE Reward points per ₹125, and 10X at apparel and department stores on spends up to ₹7,000 a month.
Does the Axis Rewards Credit Card give lounge access?
Yes. It gives 2 domestic lounge visits each quarter, if you spent ₹50,000 in the previous 3 calendar months.