CardAgent
Verified by CardAgent admin · last checked 05 Jul 2026
Axis Bank

Axis Bank Value+ Debit Card

27
Ranked #36 of 66 in debit
debitVisastandard

Score breakdown

Data completeness: 75% · Last verified: 09 Jul 2026

Reward value10/100 · weight 71%
≈ 0.50% effective on the standard basket (eligible spend only)
Wide-coverage rewards: +0.4% score bonus — earns broadly without narrow category restrictions.
No rewards on: gaming, government, wallet_load, rent, education, utilities, fuel, railway, insurance. Reward score is scaled by ×(1 − 5.0%), 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 efficiency87/100 · weight 12%
Redemption flexibility92/100 · weight 9%
Perks19/100 · weight 9%

Fees

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

Joining fee
₹750 + 18% GST
= ₹885 total
Annual fee
₹750 + 18% GST
= ₹885 / year total
Forex markup
3.5%

Lounge access

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

Reward structure

CategoryTypeRateCapNotes
groceriescashback5%₹150 / monthly5% cashback on grocery (MCC 5411) spends ≥₹2,000/transaction; capped ₹150/month; credited within 90 days.
all_spendspoints0.10%(0.5 pts @ ₹0.20)—Base: 1 EDGE Point per ₹200 spent on eligible retail. Point value ~₹0.20–0.25; conservative ₹0.20/pt.

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).

Grocery cashback only for MCC 5411 merchantsGrocery cashback requires min ₹2,000 per transactionGrocery cashback capped at ₹150/month; credited within 90 daysReversed/refunded transactions excludedReward points apply only to eligible retail spends; excluded categories per Axis EDGE Rewards T&CsNot available for Burgundy, Burgundy Private, Priority, NRI, Basic Savings/No-Frills account holders

What's inside

More benefits

  • EDGE Rewards Welcome Bonus

    ₹600

    ₹600 worth of EDGE Rewards after 3 purchase transactions within 60 days of card issuance.

    one-time.

  • Insurance - Personal Accident Cover

    Personal Accident Cover of ₹5 lakh.

  • Insurance - Air Accident Cover

    Air Accident Cover of ₹1 crore.

  • Insurance - Purchase Protection

    Purchase Protection cover up to ₹50,000.

  • Insurance - Price Protection

    Price Protection cover up to ₹50,000.

  • Insurance - Baggage Loss/Delay

    Baggage loss/delay cover up to US$500.