Axis Bank Rewards Credit Card
Joining Fee: ₹1,000 + GST
Renewal Fee: ₹1,000 + GST
Reward Type: Reward Points
Welcome Benefits
5,000 EDGE Reward Points: Earn 5,000 EDGE Reward Points worth ₹1,000 when you spend ₹1,000 or more within 30 days of card issuance. This effectively waives the joining fee. Note: Existing Axis Bank cardholders are not eligible.
Reward Points Earning
Standard Points: Earn 2 EDGE Reward Points for every ₹125 spent.
Accelerated Points: Get 10X EDGE Reward Points on departmental and apparel store purchases of ₹125, capped at 1,008 points per month for spending up to ₹7,000. Spending over ₹7,000 earns points at the standard rate.
Exclusions: No reward points for utilities, insurance, wallet reloads, rent, fuel, transportation, tolls, government, and educational institutions.
Reward Points Redemption
EDGE Platform: Redeem points through mobile or net banking on the EDGE catalog. Minimum redemption is 300 points.
Partner Miles: Convert 10 EDGE Reward Points to 1 Partner Mile.
Pay with Points: Redeem 1 EDGE Reward Point = ₹0.20 at online and offline merchants. Minimum 300 points required.
Online Redemption: Redeem 1 EDGE Reward Point = ₹0.20 through mobile or net banking. Minimum 300 points required.
Membership Perks
Annual Membership Bouquets: Enjoy Membership Bouquets worth up to ₹1,000 each anniversary year. Access your membership link via SMS within 60 days of eligibility after paying the renewal fee. Not available for lifetime free cardholders.
Milestone Benefits
1,500 EDGE Reward Points: Receive 1,500 EDGE Reward Points for spending over ₹30,000 per statement cycle. EMI transactions, wallet reloads, rent, and cash withdrawals are excluded. Spend ₹2 lakhs or more annually to earn a renewal fee waiver. Existing cardholders swapping to this credit card are ineligible.
Swiggy Discounts
30% Off: Use the code “AXIS30” for 30% off on Swiggy orders with a minimum value of ₹200. Maximum discount is ₹150, valid twice per month.
Dining Offers
15% Discount: Get up to 15% off (up to ₹500) at participating partner restaurants across India through the Dining Delights Program. Inform the restaurant about your Rewards credit card before the bill is generated.
Lounge Access
Complimentary Airport Lounge Visits: Enjoy 2 free domestic airport lounge visits per quarter. Spend ₹50,000 in a quarter to qualify for lounge access in the next quarter. This requirement is waived for the first three months of a newly issued card.
Fuel Surcharge Waiver
1% Fuel Surcharge Waiver: Benefit from a 1% waiver on fuel surcharges at Indian Oil outlets for transactions between ₹400 and ₹5,000. Maximum benefit is ₹400 per month. GST on the surcharge is non-refundable.
Insurance Coverage
Purchase Protection: ₹1 lakh coverage for cardholder’s purchases.
Travel Insurance: $300 cover for loss of travel documents and check-in baggage delay; $500 cover for check-in baggage loss.
Credit Shield: ₹1 lakh cover for the cardholder.
Summary
The Axis Bank EDGE Credit Card provides a range of benefits tailored for savvy spenders. You earn 5,000 EDGE Reward Points (worth ₹1,000) as a welcome offer when you spend ₹1,000 within 30 days, effectively waiving the joining fee. Enjoy annual Membership Bouquets worth up to ₹1,000 and milestone rewards of 1,500 EDGE Reward Points for spending over ₹30,000 per statement cycle. The card offers 30% off (up to ₹150) on Swiggy orders, a 15% discount (up to ₹500) at partner restaurants, and 2 complimentary domestic airport lounge visits per quarter with a ₹50,000 spend requirement. Benefit from a 1% fuel surcharge waiver at Indian Oil outlets, insurance coverage for purchases and travel, and 2 EDGE Reward Points for every ₹125 spent. Points can be redeemed via the EDGE platform, converted to partner miles, or used for a ₹0.20 value per point.