Axis Bank Reserve Credit Card
Product Details
Credit Card Name :
Axis Bank Reserve Credit Card
Bank Name :
Axis Bank
Type :
Rewards Credit Card
Interest Rate :
Interest Rate: 3.0% per month (42.58% per annum).
Eligibility :
Be a resident of India.
Have a minimum annual income of INR 6 lakh.
Have a good credit history.
Pros
Welcome Benefits: 50000 reward points on card activation.
Reward Points: Get 50,000 reward points on card activation and renewal1. Earn 15 edge reward points for every Rs.500 spent.
Travel Benefits: Avail 8 free VIP Assistance Services which provide easy access to airport processes like check-in, security check, immigration processes and porter services2. You can also avail up to 4 free chauffeured luxury airport pick-ups/drops every year.
Lounge Access: Enjoy unlimited complimentary lounge access at domestic and international airports.
Dining Privileges: The card offers exclusive dining privileges.
Golf Access: Complimentary golf games are included.
Cons
No fuel benefits.
High annual fees.
Low cashback rate.
Pros & Cons
Welcome Benefits
Welcome Benefits: 50000 reward points on card activation.
Rewards System
Reward System: You get 15 reward points of every INR 100 spent. Value of each point is INR 0.20. Cashback rate: 3%. 2x rewards on international spends. International cashback rate: 0.8%.
International Forex Markup
1.5%
Welcome Benefits and Reward System
Special Features
Special Feature: Complimentary Club ITC Culinary Membership - which entails complimetary third night stay, 50% off on room tariff for suites, 25% green points on food and beverage spends.
Eligibility Criteria
Be a resident of India.
Have a minimum annual income of INR 6 lakh.
Have a good credit history.
Benefits
Rewards: You can earn 15 Edge Reward Points for every INR 200 spent on the card. These points can be redeemed for a variety of rewards, such as gift cards, merchandise, and travel vouchers.
Welcome benefits: You will get a welcome benefit of INR 50,000 Reward points on card activation and renewal.
Other benefits: Other benefits of this card include complimentary airport lounge access, lost card liability insurance, and travel insurance. You also get complimentary EazyDiner Prime membership, BookMyShow offer on movies and events, Up to 20% off on dining bills at select restaurants, Extraordinary Weekends offer, 50,000 Reward points on card activation and renewal.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Here are the steps on how to apply for the Axis Bank Reserve Credit Card:
Go to the Axis Bank website and click on the "Apply for Credit Card" tab.
Select the Axis Bank Reserve Credit Card and click on the "Apply Now" button.
Enter your personal and contact information.
Upload your scanned copies of your PAN card, Aadhaar card, and latest salary slip.
Provide your income and spending details.
Submit your application and wait for approval.
You can also apply for the Axis Bank Reserve Credit Card through the Axis Bank Mobile App or by visiting an Axis Bank branch.
Contact Details
1868 419 5555 & 1860 500 5555
Account Opening and Procedure
Axis Bank Reserve Credit Card
Axis Bank Reserve Credit Card is a great credit for individuals who are looking for a premium credit card. It is loaded with value add features.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Joining fee: 50,000
Annual fee - 50,000. Annual fee waived off on annual spends greater than Rs. 25,00,000/-
Cash Withdrawal Fees: INR 0
Late payment fee: charged depending on the customer’s Total amount due; ranges from Rs. 0 - 1200
Interest Rate: 3.0% per month (42.58% per annum).
Forex mark up: 1.5%.
Fuel surcharge: 1%, waiver of 1% for transactions between INR 400 to INR 4000 (Capped at INR 400 per month).
Fuel Surcharge
Fuel surcharge: 1%, waiver of 1% for transactions between INR 400 to INR 4000 (Capped at INR 400 per month).
Billing Cycle
30 Days.