Axis Bank Signature Credit Card
Rewards & Benefits
Welcome Benefits
None.
Milestone Benefits
Cashback Rate
Users will get 5 Edge reward points on spending INR 100 domestically and 10 Edge reward points on spending INR 100 internationally.
Value of 1 Edge point: INR 0.20. Domestic cashback rate: 1%. International cashback rate 2%.
Movie Benefits
Other Benefits: Users can enjoy 50% cashback on movie tickets purchased through BookMyShow and a minimum of 15% off at partner restaurants in India.
Dining Benefits
Other Benefits
Lounge Access
Fees & Charges
Joining Fee
Rs. 5000.
Annual Fee
Rs. 3000 (Waived on achievement of spending threshold of Rs. 3 Lakhs in the preceding year)
Cash Advance Fee
Cash Withdrawal Fee: 2.5% of the amount taken out as cash.
Interest rate
3.40% per month (49.36% per annum).
Late Payment Fee
Late payment fee: charged depending on the customer’s Total amount due; ranges from Rs. 0 - 1200.
Foreign Currency Transactions Fee
Forex Markup: 3.5%
Other Fees
Reward Redemption Fee: INR 100. | Fuel Surcharge: 1%, however it is waived for transactions between Rs.400 to Rs.4000 (Capped at INR 400 per month).
Cons
Low cashback rate.
Card offers limited value add features.
Rewards: Users will get 5 Edge reward points on spending INR 100 domestically and 10 Edge reward points on spending INR 100 internationally. Value of 1 Edge point: INR 0.20. Domestic cashback rate: 1%. International cashback rate 2%.
Travel Benefits: Customers will get 2 complimentary domestic lounge access per quarter and a complimentary priority pass.
Other Benefits: Users can enjoy 50% cashback on movie tickets purchased through BookMyShow and a minimum of 15% off at partner restaurants in India.
Rewards & Benifits
Welcome Benefits
None.
Rewards System
International Forex Markup
3.5%.
Welcome Benefits and Reward System
Special Features
50% off on booking movie tickets through the Signature card on BookMyShow.
Eligibility Criteria
Primary cardholder between the age of 18 years and 70 years.
Add-on cardholder should be over 18 years.
Resident of India.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Here are the steps on how to apply for the Axis Bank Signature Credit Card with Lifestyle Benefits:
Go to the Axis Bank website and click on the "Apply for a Credit Card" tab.
Select the "Signature Credit Card with Lifestyle Benefits" from the list of cards.
Enter your personal details, such as your name, address, and contact information.
Enter your income and employment details.
Upload your PAN card, photograph, and address proof.
Submit your application.
An Axis Bank representative will contact you to verify your details and approve your application. Once your application is approved, you will receive your card in the mail within 7-10 days.
Contact Details
1868 419 5555 & 1860 500 5555
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Rewards: Users will get 5 Edge reward points on spending INR 100 domestically and 10 Edge reward points on spending INR 100 internationally. Value of 1 Edge point: INR 0.20. Domestic cashback rate: 1%. International cashback rate 2%.
Travel Benefits: Customers will get 2 complimentary domestic lounge access per quarter and a complimentary priority pass.
Other Benefits: Users can enjoy 50% cashback on movie tickets purchased through BookMyShow and a minimum of 15% off at partner restaurants in India.
Low cashback rate.
Card offers limited value add features.
Axis Bank Signature Credit Card is a great mid-premium credit card with a range of benefits pertaining to lifestyle, travel and dining. However, it has one major flaw which is its low cashback rate.
Axis Bank Signature Credit Card is a great mid-premium credit card with a range of benefits pertaining to lifestyle, travel and dining. However, it has one major flaw which 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: Rs. 5000.
Annual fee - Rs. 3000 (Waived on achievement of spending threshold of Rs. 3 Lakhs in the preceding year)
Cash Withdrawal Fee: 2.5% of the amount taken out as cash.
Late payment fee: charged depending on the customer’s Total amount due; ranges from Rs. 0 - 1200.
Interest Rate: 3.40% per month (49.36% per annum).
Reward Redemption Fee: INR 100.
Forex Markup: 3.5%
Fuel Surcharge: 1%, however it is waived for transactions between Rs.400 to Rs.4000 (Capped at INR 400 per month).
Fuel Surcharge
Fuel Surcharge: 1%, however it is waived for transactions between Rs.400 to Rs.4000 (Capped at INR 400 per month).
Billing Cycle
30 days.