Axis Bank Rewards Credit Card
Financial Expert Advice
Choose Your First (or Next) Credit Card Wisely
"Limit yourself to holding two credit cards A/C—one for daily expenses and auto-debits, and another reserved for emergencies.
Avoid chasing cashback, miles, rewards or Investments, as this can distract from sound financial management;
and lead to unnecessary debt. Focus on stability & discipline."
Axis Bank Rewards Credit Card Review
"Maximize perks, minimize effort"
Introduction
The Axis Bank Rewards Credit Card is a mid-level rewards card designed for everyday shoppers and those who value straightforward, uncapped rewards across most retail spends. With a simple earn-and-redeem structure, with welcome & milestone benefits as well as practical lifestyle perks, it’s a solid choice for individuals seeking a no-frills, value-driven credit card, Here’s a detailed review to help you decide if this card is right for you.
Key Features and Benefits
Welcome Benefits
5,000 EDGE REWARD points (worth ₹1,000) on spending ₹1,000 or more within 30 days of card issuance.
Reward Structure
- Apparel & Departmental Stores: Earn 20 points per ₹125 spent, up to a maximum of ₹7,000 per month on Specific categories.
- All Other Retail Spends: Earn 2 points per ₹125 spent, with no monthly cap.
- Excluded Spends: You won't earn rewards on fuel, rent, wallet loads, utilities, insurance, education, or government transactions.
- Redemption Value: Each EDGE REWARD point is worth ₹0.20 when redeemed for vouchers.
Milestone Benefits
- 1,500 EDGE REWARD points (worth ₹300) on spending ₹30,000 in a statement cycle.
Dining Benefits
- Enjoy up to 15% off at partner restaurants through the Dining Delights program, Maximum discount ₹500 per transaction, Minimum order value ₹2,500 Offer valid once per card, per month.
- 30% off on Swiggy orders (max ₹150 per order, twice per month).
lounge access
2 visits per quarter (up to 8 per year) at select domestic lounges.
Insurance coverage
- Purchase Protection Cover up to ₹1 lakh
- Cover up to $300 for the following
- Delay of check-in baggage
- Loss of travel documents
- Cover up to $500 for loss of check-in baggage.
- Credit Shield of ₹1 lakh.
Fuel Surcharge Waiver
- 1% waiver on fuel transactions between ₹400–₹5,000, capped at ₹400 per statement cycle.
Annual Fee
- Joining fee: ₹1,000 + GST.
- Annual fee: ₹1,000 + GST from the second year (waived on annual spends of ₹2 lakh or more).
- No annual fee for add-on cards.
Struggling to keep up with mounting credit card bills?
Card Essential
| Type | Reward Points |
| Welcome Benefits | 5,000 EDGE REWARD points (worth ₹1,000). |
| Annual Fee | ₹1,000 + GST |
| Reward Structure | Rewards On SPENDS |
| Renewal Benefit | Spend ₹2 Lakh+ annually, get your renewal fee waived. |
Rewards and Benefits Analysis
The Axis Bank Rewards Credit Card offers a simple, uncapped rewards structure with accelerated points on apparel and departmental store spends. The welcome and milestone benefits are easy to achieve, and the lounge access, Swiggy discounts, and dining offers add practical value. However, the base reward rate is modest compared to some cashback cards, and several spend categories are excluded from earning rewards.
Practical Considerations
Best for Everyday shoppers and those who want a straightforward, uncapped rewards card.
Monthly caps on accelerated rewards for apparel and departmental stores.
No rewards on fuel, rent, wallet loads, utilities, insurance, education, or government spends.
Annual fee waiver is achievable with regular usage.
No international lounge access or movie benefits.
Redemption Options
- Redeem EDGE REWARD points for vouchers, merchandise, and more via the Axis Bank EDGE REWARDS catalogue.
- Points can also be transferred to partner airline miles or used for Pay with Points redemption.
- No redemption fee.
Ideal User Profile
- Regular retail and online shoppers.
- Individuals who value lounge access and dining discounts.
- Cardholders seeking a simple, no-frills rewards card with practical perks.
Final Thoughts
Additional Tips for Potential Applicants
- Plan your apparel and departmental store spends to take advantage of accelerated rewards.
- Track your annual spends to ensure you qualify for the annual fee waiver.
- Take advantage of the Swiggy and Dining Delights offers for extra savings.
This review provides a balanced view of the card's strengths and weaknesses, helping readers make informed decisions about whether the Axis Bank Rewards Credit Card aligns with their
spending habits and financial goals.
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