Axis Bank Platinum Credit Card

Name: Axis Bank Platinum Credit Card
Brand: Axis Bank
Price: 500 INR
Availability: InStock
Rating: 2 (1 reviews)

Overview

Axis Bank Platinum Credit Card is one of the most affordable cards in the Axis range, with a ₹500 joining fee (waived on ₹5,000 spend within 45 days) and ₹200 annual fee from the second year (waived on ₹1 lakh annual spend). The card comes with Visa's Global Customer Assistance Services for international emergency support.The primary benefit is 25% cashback on movie ticket purchases (online and box office) capped at ₹1,000 per calendar year. This applies to MCC 7832 and 7922 merchant categories. At regular movie ticket prices, this covers roughly 20 discounted tickets annually.Reward earnings of 6 EDGE Points per ₹200 on domestic transactions (0.6% return) and 12 points on international transactions (1.2% return) sit below mid-tier cards. The 100 bonus points on the first online transaction is a minor activation incentive. Fuel surcharge waiver of 1% on ₹400 to ₹4,000 transactions and the Dining Delights programme provide supplementary value.With no airport lounge access, no accelerated category spending, and no significant welcome bonus, the Platinum card is strictly entry-level. It suits first-time credit card users or those who want a low-cost Visa card with movie cashback and basic rewards.

Pros

↑25% cashback on all movie ticket purchases (online and box office) up to ₹1,000 per year is a strong niche benefit for regular moviegoers
↑₹200 annual fee with waiver at ₹1 lakh spend makes this one of the cheapest maintained cards in the Axis portfolio
↑12 EDGE Points per ₹200 on international transactions (1.2% return) doubles the domestic rate, plus Visa GCAS emergency services abroad

Cons

↓6 EDGE Points per ₹200 on domestic spends (0.6% return) is below average for mid-tier cards and offers limited value on everyday purchases
↓No airport lounge access, no premium perks, and no significant welcome benefit position this as a strictly basic card
↓Movie cashback cap of ₹1,000 per calendar year limits the upside for heavy moviegoers, and no points on movie transactions

Key Highlights

Welcome Offer
100 EDGE Points on first online transaction
100 bonus EDGE Points on first online transaction
Minor activation incentive
Points credited to EDGE account

Reward Rate
6 points per ₹200 domestic, 12 international
6 EDGE Points per ₹200 domestic (0.6% return)
12 EDGE Points per ₹200 international (1.2% return)
No points on fuel or movie transactions
Redeemable via EDGE Rewards catalogue

Minimum Salary
18-70 years, Indian resident
Age: 18 to 70 years
Must be Indian resident
PAN card required
Income proof required

Joining Fee
₹500 (waived on ₹5,000 spend in 45 days)
Joining fee: ₹500
Waived on ₹5,000 spend within 45 days of setup
Cards before Feb 2011: nil
Add-on card: nil

Annual Fee
₹200, waived on ₹1 lakh annual spend
Annual fee: ₹200 from 2nd year
Waived on ₹1L spend in preceding year
Rent and wallet load excluded from waiver calculation
Add-on card: nil

Why Choose?
25% movie cashback capped at ₹1,000/year
25% cashback on online and box office movie tickets
Maximum ₹1,000 per calendar year
MCC 7832 and 7922 only
No reward points on movie transactions

Key Benefits

Dining

★2.0

▼

Axis Bank Dining Delights at restaurants across India
Wednesday Delight: 10% off Swiggy, 10% off Tira
15% off flights and hotels via MakeMyTrip on Wednesdays

Fuel

★3.0

▼

1% fuel surcharge waiver on ₹400 to ₹4,000 transactions
Maximum benefit: ₹400 per statement cycle
GST on fuel surcharge non-refundable
No reward points on fuel transactions

Reward Points

★2.5

▼

6 EDGE Points per ₹200 on domestic transactions (0.6% return)
12 EDGE Points per ₹200 on international transactions (1.2% return)
100 bonus points on first online transaction
No points on fuel or movie transactions
Redemption fee applicable

Merchant Offers

▼

25% cashback on movie ticket purchases (online and box office)
Capped at ₹1,000 per calendar year
Applicable at MCC 7832 and 7922 merchants only
No reward points earned on movie offer transactions

Detailed Information

Joining Fee	₹500 (waived on ₹5,000 spend in 45 days)
Annual Fee	₹200 from 2nd year (waived on ₹1 lakh spend)
Annual Fee Waiver	₹1 lakh annual spend (excludes rent and wallet loads)
Monthly Percentage Rate	3.75%
Annual Percentage Rate	55.55%
Minimum Monthly Payment	5% of outstanding or ₹200, whichever is higher
Foreign Currency Markup	3.5% + 1.5% DCC markup
Late Payment Charges	NIL up to ₹500; ₹500 (₹501-₹5,000); ₹750 (₹5,001-₹10,000); ₹1,200 (above ₹10,000). Extra ₹100 for missing MAD two consecutive cycles
Overlimit Charges	2.5% of overlimit amount (min ₹500)
Cash Advance Fee	2.5% of amount (min ₹500)
Card Replacement Fee	NIL
Fee For Duplicate Statement	Waived
Fee For Cheque Bounce	2% of payment amount (min ₹500)

Age Requirement Salaried	18-70 years
Age Requirement Self Employed	18-70 years
Minimum Annual Income Salaried	Not specified (bank discretion)
Minimum Annual Income Self Employed	Not specified (bank discretion)
Minimum Credit Score	Not specified (bank discretion)

Identity Proof	PAN Card or Form 60
Address Proof	Driving License, Electricity Bill, or Landline Telephone Bill
Income Proof Salaried	Latest payslip, Form 16, or IT return
Income Proof Self Employed	IT return or equivalent income proof

Frequently Asked Questions

Joining fee is ₹500, waived on ₹5,000 spend within 45 days. Annual fee is ₹200 from the second year, waived on ₹1 lakh spend in the preceding year.

6 EDGE Points per ₹200 on domestic transactions and 12 points per ₹200 on international transactions. 100 bonus points on your first online transaction.

25% cashback on movie ticket purchases (online and box office) capped at ₹1,000 per calendar year. Applicable at MCC 7832 and 7922 merchants only. No reward points on movie transactions.

No. The Platinum Credit Card does not include any airport lounge access.

Yes. 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000, capped at ₹400 per statement cycle. No points on fuel transactions.

6 EDGE Points per ₹200 equals approximately 0.6% return on domestic spends. International transactions earn 12 points per ₹200, approximately 1.2%.

Access to the Axis Bank Dining Delights programme at restaurants across India plus Wednesday Delight offers.

Every Wednesday: up to 15% off on MakeMyTrip flights and hotels, 10% off on Swiggy, and 10% off up to ₹1,000 on Tira.

3.5% of the transaction value plus 1.5% DCC markup on transactions in Indian currency at international locations.

Yes. Transactions over ₹2,500 can be converted to EMIs via internet banking, mobile app, or customer service.

EMV certified chip and PIN technology, and Visa Global Customer Assistance Services for emergencies when travelling abroad.

Visa Global Customer Assistance Services provide emergency card replacement, cash advance, and other assistance when travelling internationally.

Fuel and movie transactions do not earn EDGE Reward Points.

NIL up to ₹500 due, ₹500 for ₹501 to ₹5,000, ₹750 for ₹5,001 to ₹10,000, ₹1,200 above ₹10,000. Extra ₹100 for missing MAD two consecutive cycles.

1% plus GST on each rental transaction (MCC 6513), capped at ₹1,500 per transaction.

Yes. The ₹200 annual fee is waived on ₹1 lakh spend in the preceding year. Rent and wallet load transactions are excluded from the waiver calculation.

PAN card or Form 60, proof of income (payslip, Form 16, or IT return), and residence proof (driving licence, electricity bill, or telephone bill).

Primary cardholder: 18 to 70 years. Must be Indian resident.

Yes. Add-on cards are available at no joining or annual fee for cards setup on or after February 2011.

2.5% of the amount (minimum ₹500). Finance charges of 3.75% per month (55.55% per annum) apply from the date of withdrawal.

100 EDGE Reward Points on the first online transaction. This is a minor activation benefit, not a significant welcome bonus.

2.5% of the over-limit amount with a minimum of ₹500.

The ₹500 joining fee is waived if you spend ₹5,000 within 45 days of card setup. This applies to cards set up on or after February 7, 2011.

The 25% cashback applies to transactions at merchants registered under MCC 7832 (movie theatres) or MCC 7922 (theatrical producers). Both online and box office purchases qualify.

Axis Bank does not publicly specify a minimum income for the Platinum Credit Card. Approval is at the bank's discretion based on overall credit profile.