Verified by CardIQ admin · last checked 05 Jul 2026
57
#10 of 173 in credit
Axis Bank

Axis Bank Cashback Credit Card

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Axis Bank Cashback Credit Card offers tiered online cashback (2% on first ₹5,000, 5% on next ₹35,000, 7% above ₹40,000; max ₹4,000/statement), 0.75% unlimited on offline & travel spends, and extra 0.5% on utility bills (capped ₹100/statement). Cashback is auto-credited as statement credit. Best for high online spenders (₹40,000+/statement).

Score breakdown

Data completeness: 95% · Last verified: 06 Jul 2026

Reward value51/100 · weight 65%
2.59% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +2.6% score bonus — earns broadly without narrow category restrictions.
No rewards on: government, wallet_load, rent, education, fuel, insurance. Reward score is scaled by ×(1 − 4.3%), proportional to how much of the standard basket falls in these excluded categories (v4 formula, capped at −5%). Tip: pair with a card that covers these.
Fee efficiency91/100 · weight 11%
Redemption flexibility92/100 · weight 8%
Perks15/100 · weight 8%
Devaluation risk70/100 · weight 8%

Fees

All fees shown base + 18% GST (India card fees legally attract GST).

Joining fee
1,000 + 18% GST
= ₹1,180 total
Annual fee
1,000 + 18% GST
= ₹1,180 / year total
Waiver: Annual spends of ₹4 lakh in the preceding card anniversary year (rent & wallet-load spends excluded)
Forex markup
3.5%

Lounge access

Domestic (per year)
0
International (per year)
0

Confirmed devaluation alerts

No confirmed devaluations tracked for this card. That doesn't mean none exist — see the neutral 70/100 devaluation-risk sub-score above.

Reward structure

CategoryTypeRateCapNotes
online_spendscashback5%₹4,000 / monthlyTiered online cashback: 2% on first ₹5k, 5% on next ₹35k, 7% above ₹40k; max ₹4,000/statement. Approximated at 5% with ₹4,000 monthly cap.
all_spendscashback0.75%0.75% unlimited cashback on offline & travel spends (base)
utilitiescashback0.5%₹100 / monthly0.5% extra cashback on utility bill payments, capped ₹100/statement
wallet_loadcashback0%No cashback on wallet loads
governmentcashback0%No cashback on government payments
insurancecashback0%No cashback on insurance
educationcashback0%No cashback on education
fuelcashback0%No cashback on fuel
rentcashback0%No cashback on rent

No rewards on

These categories earn zero rewards on this card. Reward score is scaled down by up to −5%, proportional to how much of the standard basket sits in the excluded categories (v4.3 formula).

fuelrentwallet loadgovernmentinsurancejewelleryeducationcash advancesfeesinterestreversalsexcluded MCCs

Welcome offer

5,000 EDGE Reward Points (worth ₹1,000) on first transaction within 30 days of card issuance

What's inside

Earn every day

  • EazyDiner discount

    25% off via EazyDiner, min bill ₹2,500

    Cap ₹800 / monthly.

  • Contactless & EMI

    Contactless payments, EMI conversion on eligible purchases, fraud protection and card controls

    yearly.

Welcome benefits

  • Welcome EDGE Reward Points

    1,000

    5,000 EDGE Reward Points (worth ₹1,000) on first transaction within 30 days

    one time.

Small print

Fuel surcharge:No fuel surcharge waiver on this card