Verified by CardAgent admin · last checked 08 Jul 2026
Axis Bank

Axis Bank REWARDS Credit Card

24
Ranked #138 of 170 in credit
creditVisa/MastercardEntry/Mid-range

Entry-to-mid Axis rewards card earning 2 EDGE points/Rs 125 (10X at departmental/apparel stores), with achievable monthly milestone bonus and domestic lounge access.

Score breakdown

Data completeness: 100% · Last verified: 09 Jul 2026

Reward value4/100 · weight 71%
0.20% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +0.3% score bonus — earns broadly without narrow category restrictions.
No rewards on: rent. Reward score is scaled by ×(1 − 2.5%), 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 12%
Redemption flexibility75/100 · weight 9%
Perks46/100 · weight 9%

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: Waived on annual spend of Rs 2 lakh; some Citi-migrated users report Rs 30,000/year threshold honored per migration terms
Forex markup
3.5%

Lounge access

Domestic (per year)
8
International (per year)
0

Reward structure

CategoryTypeRateCapNotes
departmental_storespoints3.20%(16 pts @ ₹0.20)₹1,008 / monthly10X on departmental stores: 20 EDGE points/₹125 (2 base + 18 bonus) = ~3.2% at ₹0.20/pt. Bonus capped at ₹7,000 spend/statement (~1,008 bonus points ≈ ₹201.60 bonus value); over-cap earns base 1.6 points/₹100.
apparelpoints0.32%(1.6 pts @ ₹0.20)10X points at departmental/apparel stores = 20 points/Rs 125 = 16% nominal, ~1.6% actual value
all_spendspoints0.06%(0.32 pts @ ₹0.20)2 EDGE points per Rs 125 spent = 1.6% nominal points, ~0.32% actual value at Re 0.20/point
rentpoints0.00%(0 pts @ ₹0.20)No EDGE points on rent (excluded MCC).
wallet_loadpoints0.00%(0 pts @ ₹0.20)No EDGE points on wallet loads/transfers (excluded MCC).
utilitiespoints0.00%(0 pts @ ₹0.20)No EDGE points on utilities & certain telecom bill payments (excluded MCC).
insurancepoints0.00%(0 pts @ ₹0.20)No EDGE points on insurance premiums (excluded MCC).
educationpoints0.00%(0 pts @ ₹0.20)No EDGE points on education (excluded MCC).
governmentpoints0.00%(0 pts @ ₹0.20)No EDGE points on government payments (excluded MCC).
fuelpoints0.00%(0 pts @ ₹0.20)No EDGE points on fuel (excluded MCC). 1% fuel surcharge waiver applies separately.

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 loads/transfersUtilities & certain telecomInsuranceEducationGovernment paymentsTransportation & tollsCash withdrawals

Welcome offer

5,000 EDGE Reward Points (worth ~Rs 1,000) on cumulative spend of Rs 1,000+ within 30 days of issuance

Milestone benefits

Pros

  • Low fee, achievable milestone bonus (Rs 30k/month), 10X points on departmental/apparel stores (~8% effective), Swiggy and dining discounts, lounge access, no golf/international frills to pay for

Cons

  • No international lounge access, no golf benefits, low per-point redemption value (Re 0.20), wide reward exclusions (fuel, cash withdrawal, rent, wallet, insurance, utilities, government)

What's inside

More benefits

  • Domestic Airport Lounge Access

    2 domestic lounge visits per quarter, subject to ₹50,000 spends in the previous 3 calendar months

    yearly.

  • Swiggy Discount

    300

    ₹150 off on Swiggy on minimum order of ₹500, twice per month

    Cap ₹300 / monthly.

  • Fuel Surcharge Waiver

    4,800

    1% fuel surcharge waiver on ₹400–₹5,000 fuel transactions, max ₹400 per statement

    Cap ₹4,800 / yearly.

  • Purchase Protection

    Purchase protection cover up to ₹1,00,000

    yearly.

  • Travel Insurance

    Complimentary travel covers

    yearly.

  • Credit Shield

    Credit shield insurance cover

    yearly.

  • Membership bouquet

    1,000

    Bouquet of memberships up to Rs 1,000 every anniversary year

    Cap ₹1,000 / yearly. Minimum due repayment required

  • Swiggy discount

    150

    Rs 150 instant discount on Swiggy, min transaction Rs 500

    Cap ₹1,800 / monthly. Min Rs 500 order

  • Insurance cover

    1,00,000

    Rs 1 lakh purchase protection cover; USD 500 lost check-in baggage cover; credit shield

    Cap ₹1,00,000 / yearly. Standard cardholder benefit

Insurance cover

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NaN

Eligibility

text
Indian resident; age per standard Axis criteria (18-70)

Small print

Fuel surcharge:1% fuel surcharge waiver on Rs 400-5,000 transactions, capped Rs 400/statement cycle; no reward points on fuel