Axis Bank SELECT Credit Card benefits
- Rewards10
EDGE Reward points per ₹200 spent
- Rewards2X
points on retail shopping
up to ₹20,000 of spends a month
- Rewards10,000
EDGE Reward points worth ₹2,000 on your first transaction
- Lounge
Priority Pass for international lounges
up to 12 visits a year
- Lounge2
domestic lounge visits each quarter, on spends of ₹50,000 in 3 months
- Fees
Annual fee waived on spends of ₹8 lakh in a year
Axis Bank SELECT Credit Card rewards and cashback
| Where you spend | Rate | Monthly limit |
|---|---|---|
| Groceries2X points, 20 per ₹200, on retail shopping such as department, grocery and clothing stores, on spends up to ₹20,000 a month. Above that, the normal 10 per ₹200 applies. Our limit stops at 2,000 points, so the maths can show a little less above ₹20,000. | 10 points per ₹100 | 2,000 |
| Everything else | 5 points per ₹100 | None |
We value one point at ₹0.2 in the usual redemption.
No rewards on: Insurance, rent, fuel, education, utilities and telecom, wallet, gold and jewellery, government services, gift cards, and bridge, road and toll fees.
All reward rules
- Axis Bank gives 10 EDGE Reward points per ₹200 spent, which is 5 points per ₹100.
- We use ₹0.20 per EDGE Reward point, the value in Axis Bank's terms.
- Welcome benefit: 10,000 EDGE Reward points, worth ₹2,000, on your first transaction.
- Milestone: 5,000 points on spends of ₹3 lakh in a card anniversary year.
- 6 complimentary golf rounds a year.
- 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 SELECT Credit Card gives back in a year
Say you spend ₹30,000 a month, like our “food and groceries” pattern. Worked out with the same maths as the calculator above.
| Spending | A month | Back | A year |
|---|---|---|---|
| Groceries | ₹10,000 | 2% | ₹2,400 |
| Dining and food delivery | ₹9,000 | 1% | ₹1,080 |
| Online shopping | ₹3,000 | 1% | ₹360 |
| Travel | ₹1,000 | 1% | ₹120 |
| Fuel | ₹2,000 | 0% | ₹0 |
| Bills and utilities | ₹3,000 | 0% | ₹0 |
| Everything else | ₹2,000 | 1% | ₹240 |
| Total | ₹30,000 | ₹4,200 | |
| Renewal fee with GST | −₹3,540 | ||
| You keep | ₹660* |
Spend ₹4,40,000 more in the year and the renewal fee is waived.
Axis Bank SELECT Credit Card annual fee and charges
- Joining fee
- ₹3,000
- Annual fee
- ₹3,000
- Fee waiver
- ₹8,00,000 a year
- Foreign currency markup
- 3.5%
The annual fee is waived on spends of ₹8 lakh in a card anniversary year. Burgundy customers pay no fee. Fees are before GST.
Fuel surcharge: 1% fuel surcharge refunded on transactions of ₹400 to ₹4,000.
Axis Bank SELECT Credit Card eligibility
- Age
- 18 to 70
- Salaried income
- ₹6,00,000 a year
- Self-employed income
- ₹6,00,000 a year
Axis Bank asks for a net income of at least ₹6 lakh a year and says the criteria are only indicative.
The bank alone decides approval and your credit limit.
Axis Bank SELECT Credit Card lounge access
8 domestic and 6 international visits a year. Banks often set a spend condition, so read the reward rules above.
2 domestic visits each quarter, on spends of ₹50,000 in the previous 3 months. Priority Pass for international lounges, with up to 12 visits a year: 6 more are unlocked on a yearly spend milestone, which is not counted here.
Is the Axis Bank SELECT Credit Card right for you?
A card with a ₹3,000 fee that spending can waive, paying 2% on groceries and an above-average 1% elsewhere.
Worth its fee if you spend about ₹26,000 a month or more. Below that, the ₹3,000 fee costs more than the card gives back on spending like the example above.
Good for you if
- You spend a lot on groceries: the card pays 2% back there, against 1% on most other spends.
- You spend ₹8,00,000 a year or more (about ₹66,700 a month), so the ₹3,000 renewal fee is waived.
- You fly a few times a year: it includes 8 domestic and 6 international airport lounge visits a year.
Not for you if
- You spend less than about ₹66,700 a month: you would pay ₹3,540 a year with GST.
- You spend more than ₹20,000 a month on groceries: the higher rate stops there.
- 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 SELECT 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 SELECT Credit Card | ₹3,000 | 2% | ₹60* |
| HSBC Premier Credit Card | Free | 3% | ₹9,720* |
| BOBCARD ETERNA Credit Card | ₹2,499 | 3.75% | ₹7,470* |
If most of your spending looks like the example above, the HSBC Premier Credit Card may suit you better: it would leave you ₹10,080 a year, against ₹660 with the Axis Bank SELECT 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 SELECT Credit Card?
The joining and annual fee is ₹3,000 before GST. The annual fee is waived on spends of ₹8 lakh in a card anniversary year.
Is the Axis SELECT Credit Card lifetime free?
Not under the standard terms. Axis Bank waives the fee for Burgundy customers.
How many reward points does the Axis SELECT Credit Card give?
It gives 10 EDGE Reward points per ₹200, and 20 per ₹200 on retail shopping up to ₹20,000 of spends a month.
What is the eligibility for the Axis SELECT Credit Card?
You must be 18 to 70 years old with a net income of at least ₹6 lakh a year. Axis Bank says the criteria are only indicative.