Axis Bank Rewards Credit Card

Name: Axis Bank Rewards Credit Card
Brand: Axis Bank
Price: 1000 INR
Availability: InStock
Rating: 3 (1 reviews)

Overview

Axis Bank Rewards Credit Card is positioned as an accessible entry point into the Axis rewards ecosystem, with a ₹1,000 joining and annual fee. The card earns unlimited 2 EDGE Reward Points per ₹125 spent, translating to a 0.32% base return that improves to 3.2% on apparel and departmental store categories through a 10x multiplier.The 10x accelerated earn rate on apparel and department stores (capped at ₹7,000 per month) is the primary draw for shoppers. Combined with milestone rewards of 1,500 EDGE Points for every ₹30,000 monthly spend and a ₹1,000 membership bouquet renewed each anniversary year, the recurring value easily covers the annual fee.Lifestyle perks include ₹150 off on Swiggy twice monthly, the Dining Delights restaurant programme, and Wednesday deals on MakeMyTrip, Swiggy, and Tira. Conditional domestic lounge access (2 per quarter on ₹50,000 quarterly spend) adds travel utility. Insurance covers ₹1 lakh purchase protection and up to $500 for baggage-related travel claims.The card suits regular shoppers who value accelerated rewards on clothing and department store purchases over broad high-rate cashback or travel benefits. The 3.5% forex markup and absence of international lounge access make it less suitable for overseas spenders.

Pros

↑10x EDGE Points on apparel and departmental stores delive₹3.2% return on clothing and department store purchases, strong for a ₹1,000 fee card
↑Membership bouquet worth ₹1,000 every anniversary year effectively covers the annual fee, making the card near-free for regular users
↑Milestone reward of 1,500 EDGE Points per ₹30,000 monthly spend adds bonus value for consistent spenders beyond the base earn rate

Cons

↓Base earn rate of 2 points per ₹125 (0.32% return) outside accelerated categories is among the lowest in the mid-tier card segment
↓10x accelerated points capped at ₹7,000 per month limit the upside for heavy apparel shoppers to roughly ₹224 in monthly reward value
↓Domestic lounge access requires ₹50,000 spend in the previous 3 months, making it conditional rather than guaranteed

Key Highlights

Welcome Offer
5,000 EDGE Points on ₹1,000+ spend within 30 days
5,000 EDGE Points worth ₹1,000
Requires ₹1,000+ cumulative spend in 30 days
Points credited to EDGE account
1 EDGE point = approximately ₹0.20

Reward Rate
2 points per ₹125, 10x on apparel and dept stores
Unlimited 2 EDGE Points per ₹125 on all spends
10x points on apparel and departmental stores
10x capped at ₹7,000 per month
Excludes fuel, rent, insurance, utilities, wallet

Minimum Salary
18-70 years, Indian resident
Age: 18 to 70 years
Must be Indian resident
PAN card or Form 60 required
Income proof required

Joining Fee
₹1,000
Joining fee: ₹1,000
Annual fee: ₹1,000 from 2nd year
Add-on cards: free

Annual Fee
₹1,000 per year
Annual fee: ₹1,000
No explicit fee waiver mentioned
Membership bouquet worth ₹1,000 effectively offsets fee
Add-on cards: free

Why Choose?
10x rewards on apparel with milestone bonuses
10x on apparel and dept stores (up to ₹7K/month)
1,500 EDGE Points per ₹30K monthly spend
₹1,000 membership bouquet annually
₹150 Swiggy discount twice monthly

Key Benefits

Dining

★2.5

▼

Axis Bank Dining Delights at restaurants across India
Swiggy: ₹150 off on ₹500+ orders, twice monthly (code AXISREWARDS)
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 ₹5,000 transactions
Maximum benefit: ₹400 per statement cycle
Available at all fuel stations across India
GST on fuel surcharge is non-refundable
No reward points on fuel transactions

Milestone

★3.0

▼

1,500 EDGE Reward Points on ₹30,000 net spend per statement cycle
Membership bouquet worth ₹1,000 every anniversary year
Welcome: 5,000 EDGE Points on ₹1,000+ spend within 30 days

Reward Points

★2.5

▼

2 EDGE Reward Points per ₹125 on all eligible spends (0.32% return)
10x points on apparel and departmental stores (3.2% return)
10x capped at ₹7,000 cumulative per month
Points credited to EDGE account
Excludes fuel, rent, insurance, utilities, wallet, education, government

Shopping

★3.0

▼

10x EDGE Points on apparel and departmental stores
Categories: clothing, accessories, department stores
Capped at ₹7,000 cumulative per month
Standard 2 points per ₹125 on other shopping

Airport Lounge Access

▼

2 complimentary domestic lounge visits per quarter
Requires ₹50,000 spend in previous 3 months
Available at select domestic airports only
No international lounge access

Insurance

▼

Purchase protection up to ₹1 lakh
Travel cover: $300 for delay of check-in baggage and loss of travel documents
$500 for loss of check-in baggage
Credit shield of ₹1 lakh

Detailed Information

Joining Fee	₹1,000
Annual Fee	₹1,000 from 2nd year
Annual Fee Waiver	Not specified
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%
Late Payment Charges	NIL up to ₹500; ₹500 (₹501-₹5,000); ₹750 (₹5,001-₹10,000); ₹1,000 (above ₹10,001). 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	Passport, Ration Card, 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

The joining fee is ₹1,000 and the annual fee is ₹1,000 from the second year onwards. Add-on cards are free of charge.

You earn 2 EDGE Reward Points for every ₹125 spent on all eligible transactions. Apparel and departmental store purchases earn 10x points, capped at ₹7,000 cumulative per month.

New cardholders receive 5,000 EDGE Reward Points on cumulative net spends of ₹1,000 or above within 30 days of card issuance.

Apparel and departmental stores earn 10x EDGE Reward Points (20 points per ₹125). This is capped at ₹7,000 cumulative spend per month on these categories.

You earn 1,500 EDGE Reward Points on net spends of ₹30,000 per statement cycle. This can be earned every billing cycle if the threshold is met.

Cardholders receive a bouquet of memberships worth up to ₹1,000 every anniversary year. Eligible customers get the membership link via SMS within 60 days of becoming eligible.

Yes. You get 2 complimentary domestic lounge visits per quarter at select airports. Access requires ₹50,000 minimum spend in the previous 3 calendar months.

You get ₹150 instant discount on Swiggy on orders of ₹500 or above. The offer is available twice per calendar month using the code AXISREWARDS.

Yes. A 1% fuel surcharge waiver applies on transactions between ₹400 and ₹5,000 at all fuel stations. Maximum benefit is ₹400 per statement cycle. No reward points are earned on fuel.

Purchase protection up to ₹1 lakh, travel cover of $300 for delay of check-in baggage and loss of travel documents, $500 for loss of check-in baggage, and credit shield of ₹1 lakh.

Every Wednesday, cardholders get up to 15% off on flights and hotels via MakeMyTrip, 10% off on Swiggy orders, and 10% off up to ₹1,000 on Tira beauty products.

The base rate of 2 EDGE Points per ₹125 translates to approximately 0.32% return, based on a point value of ₹0.20 each. The 10x rate on apparel gives approximately 3.2%.

The foreign currency transaction fee is 3.5% of the transaction value.

NIL if outstanding is under ₹500, ₹500 for ₹501 to ₹5,000, ₹750 for ₹5,001 to ₹10,000, and ₹1,000 above ₹10,001. An additional ₹100 applies for missing MAD in two consecutive cycles.

No. The Axis Bank Rewards Credit Card does not charge a reward redemption fee.

EDGE Reward Points are valued at approximately ₹0.20 each. The 5,000 welcome points are worth approximately ₹1,000.

PAN Card or Form 60, proof of income (latest payslip, Form 16, or IT return), and residence proof (passport, ration card, electricity bill, or telephone bill).

The primary cardholder must be between 18 and 70 years of age and a resident of India.

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

Yes. Add-on cards are available at no joining or annual fee.

Fuel transactions do not earn reward points. Other exclusions follow standard Axis Bank terms for restricted categories.

No. The Rewards Credit Card only provides domestic lounge access (2 per quarter) at select airports, conditional on ₹50,000 quarterly spend.

No explicit annual fee waiver is mentioned in the card terms. However, the ₹1,000 membership bouquet effectively offsets the annual fee.

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

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

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Key Highlights

Key Benefits

Detailed Information

Frequently Asked Questions

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