Axis Bank Rewards Credit Card
Product Details
Credit Card Name :
Axis Bank Rewards Credit Card
Bank Name :
Axis Bank
Type :
Rewards Credit Card
Interest Rate :
Interest Rate: 3.6% per month (52.86% per annum).
Eligibility :
Primary cardholder between the age of 18 and 70 years.
The individual should be a Resident of India
Pros
Welcome Benefits: Get 5,000 reward points on net spends of INR 1,000 or more.
Reward System: Get 2 Edge reward points on spend of INR 125. Value of 1 reward point = 0.20. General cashback rate = 0.32%.Get 20 reward points on spending INR 125 on apparel and departmental stores. Apparel and departmental stores cashback rate: 3.2% (subject to a cap of 1008 points per month).
Milestone Benefits: Get 1,000 rewards point on spending INR 30,000 every month.
Get 30% off on swiggy twice a month, max discount is capped at INR 150 on each order.
Get 2 free lounge access per quarter.
Free purchase protection cover of INR 1 lakh.
USD 300 insurance for delayed baggage and loss of travel documents.
USD 500 insurance for loss of baggage.
Get up to 15% off at partner restaurants per month under Dining Delight program.
Cons
No free movie tickets.
Low cashback rate.
Pros & Cons
Welcome Benefits
Welcome Benefits: Get 5,000 reward points on net spends of INR 1,000 or more.
Rewards System
Reward System: Get 2 Edge reward points on spend of INR 125. Value of 1 reward point = 0.20. General cashback rate = 0.32%.Get 20 reward points on spending INR 125 on apparel and departmental stores. Apparel and departmental stores cashback rate: 3.2% (subject to a cap of 1008 points per month).
International Forex Markup
3.5%
Welcome Benefits and Reward System
Special Features
Reward System: Get 2 Edge reward points on spend of INR 125. Value of 1 reward point = 0.20. General cashback rate = 0.32%.Get 20 reward points on spending INR 125 on apparel and departmental stores. Apparel and departmental stores cashback rate: 3.2% (subject to a cap of 1008 points per month).
Eligibility Criteria
Primary cardholder between the age of 18 and 70 years.
The individual should be a Resident of India
Benefits
Lounge benefits.
Travel insurance benefits.
Welcome benefits.
Cashback benefits.
Dining benefits.
Milestone benefits.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
You can apply for the Axis Bank Rewards Credit Card online or at any Axis Bank branch. Here are the steps involved in applying for the card online.
Go to the Axis Bank website and click on the "Credit Cards" tab.
Click on the "Axis Bank Rewards Credit Card" link.
Enter your personal details, such as your name, address, and contact information.
Enter your income and employment details.
Upload a scanned copy of your PAN card and photograph.
Click on the "Submit" button.
An Axis Bank representative will contact you to verify your details and complete the application process.
Here are the documents required for applying for the LIC Axis Bank PlatinumCredit Card:
PAN card
Passport size photograph
Latest salary slip/Form 16/IT return copy
Proof of residence (any one of the following):
Electricity bill
Water bill
Telephone bill
Ration card
Voter ID card
Contact Details
1868 419 5555 & 1860 500 5555
Account Opening and Procedure
Axis Bank Rewards Credit Card
Axis Bank Rewards Credit Card is a great card for students/freshers and for people who are looking for an all-rounder card. The only major con of the card is its low cashback rate.
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: INR 1,000
Annual fee - INR 1,000 from second year onwards.
Late payment fee: charged depending on the customer’s Total amount due; ranges from Rs. 0 - 1200.
Interest Rate: 3.6% per month (52.86% per annum).
Cash Withdrawal Fee: 2.5% of the amount taken out as cash
Reward Point Redemption Fee: INR 100
Forex Markup: 3.5%
Fuel Surchage: 1%, however, it is waived for transactions between Rs.400 to Rs.4000 (Capped at INR 400 per month).
Fuel Surcharge
Fuel Surchage: 1%, however it is waived for transactions between Rs.400 to Rs.4000 (Capped at INR 400 per month).
Billing Cycle
30 Days.