INDEPENDENT PUBLIC DIRECTORY: Eligo does not issue credit cards, collect customer applications, or earn affiliate referral commissions. All terms, fees, and interest charges below are sourced directly from the official axisbank.com (Axis Bank Ltd.) Most Important Terms and Conditions (MITC).

🏛️Axis Bank Ltd.Network: Visa Platinum / MastercardShopping & Rewards CardsLast Verified: 2026-09-28

Axis Rewards Credit Card

एक्सिस रिवार्ड्स क्रेडिट कार्ड

Everyday retail card offering 20 EDGE points per ₹125 on apparel and department stores, 1,500 monthly milestone points, and 8 lounge visits.

Annual Fee₹1,000 + GST (Renewal: ₹1,000 + GST)

Reward Rate20 EDGE Reward Points per ₹125 spent on apparel and department stores (effective 3.2% reward rate). 2 EDGE Reward Points per ₹125 on all other regular retail purchases.

Airport Lounge2 complimentary domestic airport lounge visits per calendar quarter (up to 8 visits annually) upon spending ₹50,000 in preceding quarter.

Forex Markup3.50% + GST on foreign currency transactions.

What Is This Card

Axis Rewards Credit Card is an apparel and departmental retail card designed for lifestyle spenders. It awards 20 EDGE points per ₹125 on clothing and department store checkouts, 1,500 monthly milestone bonus points, and 8 domestic airport lounge visits per year.

Key Benefits (Official MITC Sourced)

💳Annual Fee & Joining Fee

₹1,000 + GST (Renewal: ₹1,000 + GST)

Fee Waiver: Spend ₹2,00,000 or more in each preceding anniversary year to get the annual renewal fee of ₹1,000 waived.

🎁Welcome Benefit

5,000 EDGE Reward Points (worth ₹1,000) credited upon spending ₹1,000 within 30 days of card issuance.

⚡Reward Points Structure

20 EDGE Reward Points per ₹125 spent on apparel and department stores (effective 3.2% reward rate). 2 EDGE Reward Points per ₹125 on all other regular retail purchases.

Redemption Value: 1 EDGE Reward Point = ₹0.20 against merchandise, shopping vouchers, or statement credit.

🛫Airport & Railway Lounge Access

2 complimentary domestic airport lounge visits per calendar quarter (up to 8 visits annually) upon spending ₹50,000 in preceding quarter.

🛡️Insurance & Fuel Surcharge Waiver

Insurance Cover: Personal air accident cover of ₹1 Crore. Lost card liability cover up to credit limit.

Fuel Surcharge: 1% fuel surcharge waiver across all fuel stations in India on transaction amounts between ₹400 and ₹4,000 (maximum waiver of ₹400 per statement cycle).

🎯Milestone Spends & Grace Period

Milestones: Earn 1,500 bonus EDGE Reward Points on spending ₹30,000 in a calendar month. Annual fee reversal on ₹2,00,000 annual spend.

Interest-Free Period: Up to 50 days of interest-free credit from transaction date.

What's Missing (Eligo's Honest Disclosures)

Fine-Print Exclusions & Realistic Costs

Domestic lounge access requires spending ₹50,000 in the prior quarter. Accelerated apparel points are capped at 7,000 points per month. Spend waiver requires ₹2 Lakhs annual spend.

Forex Markup Fee3.50% + GST on foreign currency transactions.

Cash Advance Fee2.5% of withdrawn amount or ₹500 (whichever is higher) + 3.60% monthly finance charges.

Finance Charges (Interest)3.60% per month (43.20% per annum) on revolving balances.

Late Payment SlabsNil for outstanding up to ₹500; ₹500 for ₹501–₹5,000; ₹750 for ₹5,001–₹10,000; ₹1,200 for outstanding above ₹10,000 (+ GST).

Reward Points ExpiryEDGE Reward Points expire 3 years (36 months) from the date of accrual.

Categories Earning ZERO Rewards (Standard MITC Exclusion):Fuel transactions, wallet top-ups, rent payments, educational institutional fees, and government tax payments.

Eligibility Criteria

Salaried Indian individuals aged 18 to 70 with monthly salary exceeding ₹30,000. Self-employed individuals aged 18 to 70 with annual ITR exceeding ₹4,50,000.

Age Requirement18 to 70 Years

Minimum Income₹30,000/month (Salaried) / ₹4,50,000/year ITR (Self-Employed)

CIBIL Score NoteA credit score of 720+ is standard.

SBI RelationshipNot mandatory. Open to all qualifying Indian citizens.

How to Apply (Official Procedure)

Online Digital Application Flow

1Check card eligibility on axisbank.com/rewards-card or via Axis Mobile app.

2Enter PAN and mobile number for instant eligibility check.

3Select Axis Rewards Credit Card.

4Enter employer details and monthly salary.

5Complete online Video KYC session with bank official.

6Card is approved and dispatched via courier within 3 to 5 business days.

Branch Application for Offline Applicants

Apply at any Axis Bank branch by submitting self-attested copies of PAN, Aadhaar, salary slip, and a passport-size photo.

Visit Official Card Page (axisbank.com)Download Official MITC (PDF)

Documents Required

1. PAN Card (statutory requirement)

2. Proof of Identity & Residence: Aadhaar Card, Passport, or Voter ID

3. Proof of Income: Last 3 months' salary slips with bank statement OR Latest ITR with Computation Sheet

4. Passport-size photograph.

Frequently Asked Questions (Official MITC)

What happens if I miss the minimum payment due on Axis Rewards Credit Card?

If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil for outstanding up to ₹500; ₹500 for ₹501–₹5,000; ₹750 for ₹5,001–₹10,000; ₹1,200 for outstanding above ₹10,000 (+ GST).. In addition, revolving finance charges at 3.60% per month (43.20% per annum) on revolving balances. will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.

Can I convert transactions on Axis Rewards Credit Card into EMI?

Yes, Axis Bank Ltd. provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.

How do I track and redeem reward points or cashback on Axis Rewards Credit Card?

You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into Axis Bank Ltd.'s official mobile banking application or web portal. 1 EDGE Reward Point = ₹0.20 against merchandise, shopping vouchers, or statement credit. Please note: EDGE Reward Points expire 3 years (36 months) from the date of accrual.

What is the interest-free grace period on Axis Rewards Credit Card and how does it work?

The interest-free period on Axis Rewards Credit Card is Up to 50 days of interest-free credit from transaction date.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (3.60% per month (43.20% per annum) on revolving balances.) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.

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