Card Image
Axis Bank Cashback
Annual Fee
₹500
Rewards/₹100 ⓘ
₹1.00 - ₹2.00
Normalized to balance base rate with bonus categories
Interest Rate
42.00%
Credit Score
700+
At a Glance
Key Benefits
2% cashback on dining & groceries, 1% on other spend, fuel surcharge waiver
Lounge Access
No complimentary lounge access
Eligibility
Salaried: Rs 25,000+/month, Age: 21-65, CIBIL: 700+
Quick Details
Annual Fee
₹500
#113
Joining Fee
₹500
#112
Interest Rate
42.00% p.a.
#108
Forex Markup
3.50%
#75
Rewards/₹100
₹1.00 - ₹2.00
#143
Reward Type Cashback
Reward Currency Cashback
Min Credit Score
700+
#54
Min Monthly Income ₹25
Network VISA
Late Payment Fee ₹500
Cash Advance Fee 2.50% (min ₹500)
Over Limit Fee ₹500
Fee Waiver on Spend ₹50,000/yr
Reward Structure
Base
All Spends
₹1.00 /₹100
Cat
Dining
₹2.00 /₹100
Cat
Grocery
₹2.00 /₹100
Reward Calculator
₹
Allocate by Category100%
Your Rewards
Points Earned25
Cash Value₹25
Breakdown
Dining10
Grocery10
Other Spends5
Total Value₹25
Quick amounts:
Insurance Coverage
Lost Card
₹0
Zero liability for lost card transactions when reported within 3 days.
Fraud
₹0
Zero liability for unauthorized transactions.
Quick Analysis
The Axis Bank Axis Bank Cashback is a solid credit card option. With an annual fee of ₹500, ensure you can utilize the benefits to get value. Consider your spending patterns before applying.
Pros
- Low annual fee of just ₹500
- Annual fee waiver on spending ₹50000
- Direct cashback instead of points - no redemption hassle
- Extended interest-free period of 50 days
Cons
- No complimentary lounge access
- High forex markup of 3.50% on international transactions
- High interest rate of 42.00% on revolving credit
Frequently Asked Questions
What is the cashback rate for Axis Bank Cashback card?
You earn 2% cashback on dining, movies, and groceries, and 1% on all other spends up to Rs 500 monthly cap per category.
Is there an annual fee waiver for this card?
Yes, the annual fee of Rs 500 is waived if you spend Rs 50,000 or more in the previous year.
What is the monthly cashback limit?
The monthly cashback is capped at Rs 500 per category (dining, groceries, others).
Does this card have lounge access?
No, this entry-level card does not offer complimentary lounge access.
What is the fuel surcharge waiver benefit?
You get 1% fuel surcharge waiver on fuel transactions between Rs 400 and Rs 4,000.
User Reviews
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