Axis Bank Reserve Credit Card
Joining Fee: ₹50,000 + GST
Renewal Fee: ₹50,000 + GST
Reward Type: Reward Points
Welcome Benefits
50,000 Edge Reward Points: Earn 50,000 Edge Reward Points upon card activation.
Rewards Program
Domestic Spending: Earn 15 Edge Reward Points per ₹200 spent.
International Spending: Earn 30 Edge Reward Points per ₹200 spent (2X points).
Exclusions:
No Edge Reward Points are earned on spending for utilities, wallet reloads, fuel, insurance, jewellery, and government institutions.
Rental transactions are capped at ₹1 lakh per year, earning a maximum of 7,500 Edge Reward Points.
Reward Redemption
Edge Rewards Portal: Points can be redeemed for instant vouchers and exclusive products. 1 Edge Reward Point = ₹0.20, resulting in:
Edge Miles Conversion: Points can be converted into Edge Miles for domestic and international airline programs at a ratio of 5:2. Examples include:
Airlines: Air Vistara, Etihad Airways, Qatar Airways,etc.
Hotels: Marriot International,etc.
Hotel and Airline Loyalty Program Conversion:
Transfer Ratio: 5 Edge Reward Points = 2 Partner Miles/Points.
Annual Cap: Maximum of 5,00,000 points can be converted per calendar year.
Single ID Linking: Only one Customer ID can be linked to a partner program at a time. Switching requires deleting the existing ID and waiting at least 60 days to update.
Special Conversion Rate: To maintain a 5:4 conversion ratio, a Burgundy Private account and Burgundy Private credit card are needed. This offering does not incur additional fees.
Complimentary Memberships
Club ITC Culinaire: Includes benefits like a complimentary third-night stay (2+1), 50% discount on suites on weekends, 25% Green Points on F&B spends, and a bouquet of 10 certificates.
Accorplus: Enjoy complimentary room upgrades, up to 50% off dining, a free lunch buffet for two, and 2 complimentary night stays at Accor hotels across Asia Pacific.
Club Marriott Asia Pacific: Up to 20% off on F&B and discounts on best available rates at participating Marriott hotels in India and Asia Pacific.
Travel Benefits
Airport Lounge Access: Unlimited complimentary domestic and select international airport lounge access with Priority Pass membership.
Exclusive Hotel Offers:
Oberoi Hotels: 15% discount on room-only rates or a complimentary 3rd-night stay, 50% off suite rates.
Postcard Hotels: 15% discount on room rates, anytime check-in/check-out, and complimentary lifestyle consultation.
Movies and Dining Benefits
BOGO on BookMyShow: Buy One Get One offer on movie and non-movie tickets (max ₹500 for movie tickets, ₹1,000 for non-movie tickets).
Complimentary Eazydiner Prime Membership: Up to 25% off at premium restaurants nationwide.
Dining Delights Program: Up to 20% discount at over 4,000 partner restaurants.
Handpicked Experiences: Exclusive curated experiences such as sailing and unique tours.
Golf Benefit
50 Complimentary Rounds: Access to 50 rounds of golf annually at premium golf destinations.
Health and Medical Benefits
Weljii Offers: First information session free and 25% off on wellness coaching plans.
Second Medical Opinion: Free referral-based second medical opinion from top international specialists.
Health Discounts: Discounts on health packages and pathology tests at Dr. Pathlabs and Metropolis.
Global Medical Assistance: Worldwide medical assistance with Axis Bank’s concierge service.
Insurance Benefits
Purchase Protection: Up to ₹2 Lakhs.
Loss/Delay in Baggage/Personal Documents: Up to USD 500.
Credit Shield: Up to ₹5 Lakhs.
Finance And Forex Fees
Interest Rate: 3% per month (42.5% annually).
Foreign Currency Mark-up Fee: 1.5% of the transaction amount.
Cash Advance Fee: No fee for cash withdrawals at ATMs.
Summary
The Axis Bank Reserve Credit Card offers elite privileges, including 50,000 Edge Reward Points upon activation, and high rewards rates—15 Edge Reward Points per ₹200 on domestic spending and 30 points per ₹200 on international spending. Points can be redeemed for vouchers, products, or converted to miles with a 5:2 ratio (5,00,000 points annual cap). Complimentary memberships include Club ITC Culinaire, Accorplus, and Club Marriott, while travel benefits feature unlimited domestic and select international lounge access. Enjoy exclusive offers such as BOGO on BookMyShow, EazyDiner Prime Membership, and up to 50 complimentary golf rounds. The card also provides substantial insurance coverage and health benefits, including global medical assistance. With a ₹50,000 annual fee, it is waived on spending ₹35 Lakhs annually. The card’s high interest rate and foreign currency markup fee are balanced by its extensive rewards and premium benefits, making it ideal for frequent travelers and high spenders.