Axis Bank Kwik Credit Card

Name: Axis Bank Kwik Credit Card
Brand: Axis Bank
Availability: InStock
Rating: 3.1 (1 reviews)

Overview

The Axis Bank Kwik Credit Card fills a specific niche: a completely free RuPay credit card that works with UPI. Unlike most credit cards that require Visa or Mastercard infrastructure for payments, the Kwik card operates on the RuPay network and links directly to UPI apps like PhonePe, Google Pay, and BHIM. This makes it useful for everyday QR code payments at small merchants who may not accept traditional card swipes.The reward structure is straightforward but modest. You earn 2 EDGE REWARD points for every ₹200 spent on domestic and international transactions. At standard EDGE point valuations, this works out to roughly 0.25% return on spending. Several categories are excluded from earning points entirely: wallet loads, fuel, rental payments, cash withdrawals, insurance, repayments, jewellery, education, government services, EMI transactions, and UPI transactions below ₹2,000. The exclusion list is long enough that many regular purchases will not earn anything.The fee structure is where the card gets interesting and complicated at the same time. Joining and annual fees are permanently zero, which removes the pressure to meet spend thresholds. However, Axis Bank has layered multiple transaction fees on top: 1% on rent payments, 1% on education payments via third-party apps, 1% on wallet loads above ₹10,000 per cycle, 1% on utilities above ₹25,000 per cycle, and 1% on fuel above ₹50,000 per cycle. These fees, introduced in late 2024, can add up quickly for heavy spenders in these categories.The primary fuel benefit is a 1% surcharge waiver on transactions between ₹400 and ₹4,000, capped at ₹150 per month. There are no lounge access privileges, no dining discounts, and no travel perks. The 3.5% foreign currency markup makes it an expensive choice for international spending. For someone who wants a basic credit card to build credit history while using UPI for daily payments, the Kwik card serves its purpose. For anyone looking for meaningful rewards or premium benefits, mid-tier cards will deliver more value.

Pros

↑Lifetime free with zero joining and annual fees, removing any pressure to meet minimum spend targets or worry about fee reversals
↑Instant virtual card on approval lets you start transacting via UPI apps immediately, without waiting for physical card delivery
↑RuPay network with UPI support enables QR code payments at millions of small merchants who may not accept Visa or Mastercard

Cons

↓Reward earn rate of 2 points per ₹200 spent (roughly 0.25% return) is well below what mid-tier cards provide, and the ₹99 per redemption fee further reduces effective value
↓Extensive exclusion list means no points earned on fuel, rent, wallet loads, insurance, education, government services, EMI transactions, and UPI payments below ₹2,000
↓Multiple 1% transaction fees on rent, education, wallet loads, utilities, and fuel above certain thresholds can offset the zero annual fee advantage for heavy spenders

Key Highlights

Welcome Offer
2 EDGE points per ₹200 spent
2 EDGE REWARD points per ₹200 spent
Applies to domestic and international transactions
Points credited within 7 working days
Excludes fuel, rent, wallet loads, insurance, education, EMI, and UPI under ₹2,000

Reward Rate
Lifetime free: ₹0 fees always
Zero joining fee
Zero annual fee, every year
No minimum spend requirement to maintain free status
No hidden charges for card maintenance

Minimum Salary
18+ years, Indian resident
Age: 18 years and above
Must be an Indian resident
Valid KYC documents required
Basic income or credit history preferred

Joining Fee
₹0 (Lifetime Free)
Joining fee: Nil
No activation charges
Virtual card issued free on approval
No additional fee for UPI linking

Annual Fee
₹0 (Lifetime Free)
Annual fee: Nil, every year
No spend threshold needed for fee waiver
Card remains free regardless of usage
No renewal charges

Why Choose?
UPI credit card for daily payments
RuPay network with full UPI support
Works with PhonePe, Google Pay, BHIM, Paytm
Instant virtual card on approval
Fuel surcharge waiver included

Key Benefits

Fuel

★2.5

▼

1% fuel surcharge waiver on transactions between ₹400 and ₹4,000
Maximum waiver: ₹150 per month
No reward points earned on fuel transactions
1% fee on cumulative fuel spends above ₹50,000 per statement cycle
GST on fuel surcharge is not refundable

Reward Points

★2.5

▼

2 EDGE REWARD points per ₹200 on eligible transactions
Points credited within 7 working days of the following week
Excludes fuel, rent, wallet loads, insurance, education, government, EMI, and UPI under ₹2,000
Redemption fee: ₹99 per transaction on EDGE rewards platform
₹199 fee for conversion to partner loyalty programs

Shopping

★2.0

▼

2 EDGE REWARD points per ₹200 on general retail purchases
No category restrictions for point earning on regular shopping
Rent transactions attract 1% fee per transaction
Wallet loads above ₹10,000 per cycle attract 1% fee
No accelerated rewards for any specific shopping category

Travel

★1.5

▼

No airport lounge access (domestic or international)
3.5% foreign currency markup on international transactions
1.5% DCC markup on certain international transactions billed in INR
No travel insurance or concierge services
Basic reward points earned on travel bookings at standard rate

Emi

▼

EMI conversion available through Axis Bank
Contact Axis Bank customer service to convert transactions
Finance charges: 3.7% per month on revolving balances

Detailed Information

Joining Fee	₹0 (Lifetime Free)
Annual Fee	₹0 (Lifetime Free)
Annual Fee Waiver	Not applicable (card is lifetime free)
Monthly Percentage Rate	3.7%
Annual Percentage Rate	55.55%
Minimum Monthly Payment	5% of outstanding or ₹200, whichever is higher
Foreign Currency Markup	3.5%
Late Payment Charges	Nil up to ₹500 due; ₹500 (₹501 to ₹5,000); ₹750 (₹5,001 to ₹10,000); ₹1,200 (above ₹10,001)
Overlimit Charges	2.5% of overlimit amount (min ₹500)
Cash Advance Fee	2.5% of amount (min ₹500)
Card Replacement Fee	Not applicable
Fee For Duplicate Statement	Waived
Fee For Cheque Bounce	2% of payment amount (min ₹500)

Age Requirement Salaried	18+ years
Age Requirement Self Employed	18+ years
Minimum Annual Income Salaried	Not specified (bank discretion)
Minimum Annual Income Self Employed	Not specified (bank discretion)
Minimum Credit Score	Not specified (entry-level card)

Identity Proof	PAN Card (mandatory) Aadhaar Card Passport Driving License Voter ID
Address Proof	Aadhaar Card Passport Driving License Voter ID Utility bill (recent)
Income Proof Salaried	Latest payslip Bank statement (3 months) Form 16 IT return copy
Income Proof Self Employed	IT return copy (2 years) Bank statement (6 months) Business proof

Frequently Asked Questions

The Axis Bank Kwik Credit Card has zero joining fee. It is a lifetime free card with no joining or annual charges at any point.

No. The Kwik Credit Card is lifetime free. There is no annual fee in the first year or any subsequent year, and no spend threshold is required to maintain the zero fee.

The Kwik Credit Card runs on the RuPay network and can be linked to any UPI app such as PhonePe, Google Pay, BHIM, or Paytm. Once linked and a UPI PIN is set, you can make QR code payments that draw from your credit card limit.

The virtual card is issued instantly upon approval. You can view the card details on the Axis Bank mobile app and link it to your UPI app to start transacting. A physical card, if applicable, arrives later.

You earn 2 EDGE REWARD points for every ₹200 spent on eligible domestic and international transactions. Points are credited to your EDGE REWARDS account within 7 working days of the following week.

Wallet loads, fuel purchases, rental payments, cash withdrawals, insurance premiums, credit card repayments, jewellery purchases, education payments, government services, EMI transactions, and UPI transactions below ₹2,000 do not earn reward points.

Yes. A 1% fuel surcharge waiver applies on fuel purchases between ₹400 and ₹4,000. The maximum waiver is capped at ₹150 per month at fuel stations across India.

Finance charges are 3.7% per month, which translates to 55.55% per annum. This applies to revolving balances when you do not pay the full statement amount by the due date.

Late payment is nil if total due is up to ₹500. The charge is ₹500 for dues between ₹501 and ₹5,000, ₹750 for dues between ₹5,001 and ₹10,000, and ₹1,200 for dues above ₹10,001. An additional ₹100 applies if you miss minimum due for two consecutive cycles.

Cash withdrawals attract a fee of 2.5% of the amount or a minimum of ₹500, whichever is higher. Interest on cash advances starts immediately from the date of withdrawal.

Yes. International transactions attract a 3.5% foreign currency markup. An additional 1.5% DCC (Dynamic Currency Conversion) markup applies when international transactions are billed in Indian currency at an international location.

A 1% fee per transaction applies on all rental payments. This was introduced in December 2024 and is charged as a percentage of each rent payment amount.

Yes. A 1% fee applies when cumulative wallet loads reach ₹10,000 or more per statement cycle. Below that threshold, there is no additional charge on wallet transactions.

A 1% fee per transaction applies on education payments made through third-party apps. Direct payments on educational institution portals may not attract this charge.

A 1% fee applies when cumulative utility spends reach ₹25,000 or more per statement cycle. Below that amount, no extra fee is charged on utility payments.

The overlimit charge is 2.5% of the amount exceeding your credit limit, with a minimum charge of ₹500. Staying within your approved limit avoids this penalty entirely.

You can activate it by linking the card to any UPI app and setting a UPI PIN. Alternatively, log into the Axis Bank mobile app or internet banking, go to credit cards, and use the activation code from your welcome letter.

The card is primarily built for UPI and digital payments. Physical POS transactions need domestic POS to be enabled in your card settings through the Axis Bank mobile app or by contacting customer service.

The card works with all major UPI apps including PhonePe, Google Pay (GPay), BHIM, and Paytm. Any app that supports RuPay credit card on UPI is compatible.

No. The Kwik Credit Card is issued exclusively on the RuPay network. This is because UPI credit card linking currently supports only RuPay network credit cards.

A fee of ₹99 per redemption applies on the EDGE rewards platform. If you convert or transfer points to other miles or loyalty programs, the fee is ₹199 per transaction.

UPI transactions below ₹2,000 do not earn reward points. UPI payments of ₹2,000 or above earn 2 EDGE REWARD points per ₹200 spent, similar to regular card transactions.

Axis Bank does not publicly specify a minimum CIBIL score for this card. As an entry-level product, it likely has more relaxed requirements than premium cards. A score of 650 or above may improve your chances of approval.

Yes. You can pay your credit card bill by sending money to a UPI ID in the format cc.91[10 digit mobile number][last 4 card digits]@axisbank. Enter the payment amount and your UPI PIN to complete the transaction.

The fee is 2% of the payment amount, with a minimum charge of ₹500. This applies when a cheque used for credit card payment bounces or an auto-debit instruction fails.