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

Axis Bank SELECT Credit Card

33
Ranked #73 of 170 in credit
creditVisaPremium

Axis Bank's sub-premium all-rounder card offering strong lounge access and accelerated rewards on retail shopping, though redemption value for accumulated points is comparatively weak.

Score breakdown

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

Reward value15/100 · weight 71%
0.77% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +2.3% score bonus — earns broadly without narrow category restrictions.
No rewards on: rent, fuel. Reward score is scaled by ×(1 − 3.2%), 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 efficiency76/100 · weight 12%
Redemption flexibility75/100 · weight 9%
Perks72/100 · weight 9%

Fees

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

Joining fee
3,000 + 18% GST
= ₹3,540 total
Annual fee
3,000 + 18% GST
= ₹3,540 / year total
Waiver: Annual fee waived on annual spend of Rs 8 lakh; complimentary lifetime free for Axis Burgundy account holders
Forex markup
3.5%

Lounge access

Domestic (per year)
8
International (per year)
12

Reward structure

CategoryTypeRateCapNotes
apparelpoints2.00%(10 pts @ ₹0.20)₹400 / monthly2X retail: 20 EDGE pts/₹200 on apparel (~2% at ₹0.20/pt). Bonus + base capped at ₹20,000 retail spend/month (~₹400 reward value); above cap earns base ~1%.
departmental_storespoints2.00%(10 pts @ ₹0.20)₹400 / monthly2X retail: 20 EDGE pts/₹200 on departmental stores (~2% at ₹0.20/pt). Combined retail cap ₹20,000 spend/month across accelerated categories.
groceriespoints2.00%(10 pts @ ₹0.20)₹400 / monthly2X retail: 20 EDGE pts/₹200 on groceries (~2% at ₹0.20/pt). Combined retail cap ₹20,000 spend/month across accelerated categories.
groceries_offlinepoints0.40%(2 pts @ ₹0.20)₹20,000 / monthly2X on retail shopping (dept stores, grocery, clothing), capped Rs 20,000/month cumulative spend
all_spendspoints0.20%(1 pts @ ₹0.20)10 EDGE pts/Rs 200 base
wallet_loadpoints0.00%(0 pts @ ₹0.20)No EDGE points on wallet loads (excluded MCC).
utilitiespoints0.00%(0 pts @ ₹0.20)No EDGE points on utilities & telecom (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).
rentpoints0.00%(0 pts @ ₹0.20)No EDGE points on rent (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).

InsuranceRentFuelEducationUtilities & telecomWallet loadsGold/jewelleryGovernment payments

Welcome offer

10,000 EDGE Reward Points (~Rs 2,000 value) on first transaction within 30 days (not applicable to lifetime-free cardholders)

Milestone benefits

Pros

  • Strong lounge access (up to 12 international/8 domestic per year)
  • accelerated 2X rewards on broad 'retail shopping' category (dept stores, grocery, clothing — not narrowly restricted)
  • 6 golf rounds/year (12 at high spend)
  • Rs 500/month BigBasket discount, Rs 200 Swiggy 2x/month, BOGO movies
  • comprehensive purchase/travel insurance

Cons

  • Poor redemption value — catalogue and air mile conversion rates criticized as weak by reviewers
  • no rewards on insurance, rent, fuel, education, utilities, telecom, government, wallet, gold
  • high fee unless Burgundy relationship
  • explicit exclusions widened over time

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.

  • International Airport Lounge Access

    12 international lounge visits per year via Priority Pass

    yearly.

  • Golf Rounds

    6 complimentary golf rounds per year + 6 additional on ₹3L annual spends

    yearly.

  • BigBasket Discount

    500

    ₹500 off per month on BigBasket

    Cap ₹500 / monthly.

  • Swiggy Discount

    400

    ₹200 off, twice per month on Swiggy

    Cap ₹400 / monthly.

  • BOGO Movie Ticket

    Buy-one-get-one movie ticket on District app, up to ₹250, twice per month

    Cap ₹500 / monthly.

  • Fuel Surcharge Waiver

    4,800

    1% fuel surcharge waiver on ₹400–₹4,000 fuel transactions, max ₹400 per statement

    Cap ₹4,800 / yearly.

  • Purchase & Travel Insurance

    Complimentary purchase protection and travel insurance covers

    yearly.

  • Dining Delights & Extraordinary Weekends

    Axis Dining Delights offers and Extraordinary Weekends partner benefits

    yearly.

  • Domestic lounge access

    Complimentary quarterly domestic lounge visits

    quarterly. Verify at MITC

Insurance cover

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Eligibility

text
Age 18-70 (primary), 18+ (add-on); net annual income Rs 6 lakh+

Small print

Fuel surcharge:1% fuel surcharge waiver on Rs 400-Rs 4,000 transactions, capped Rs 400/month; no reward points on fuel