At a Glance
Key Benefits
5X rewards on weekends, 2 domestic lounges/year, fuel surcharge waiver
Lounge Access
2 domestic lounge visits per year
Eligibility
Salaried: Rs 30,000+/month, Age: 21-65, CIBIL: 720+
Quick Details
Annual Fee
₹1,500
#206
Joining Fee
₹1,500
#207
Interest Rate
42.00% p.a.
#108
Forex Markup
3.50%
#75
Rewards/₹100
₹0.25 - ₹0.62
#234
Reward Type Reward Points
Reward Currency Points
Min Credit Score
720+
#154
Min Monthly Income ₹25
Network VISA
Late Payment Fee ₹600
Cash Advance Fee 2.50% (min ₹500)
Over Limit Fee ₹500
Fee Waiver on Spend ₹1,00,000/yr
Reward Structure
Base
All Spends
₹0.25 /₹100
Accel
Weekend Spends
₹0.63 /₹100
Reward Calculator
₹
Allocate by Category100%
Your Rewards
Points Earned950
Cash Value₹238
Breakdown
Weekend Spends750
Other Spends200
Total Value₹238
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 Horizon is a solid credit card option. With an annual fee of ₹1500, ensure you can utilize the benefits to get value. Consider your spending patterns before applying.
Pros
- Annual fee waiver on spending ₹100000
- Extended interest-free period of 50 days
- Contactless payment enabled for quick transactions
- Easy EMI conversion facility available
- Add-on cards available for family members
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 reward rate for Axis Bank Horizon card?
You earn 2 Edge Reward Points per Rs 200 spent. On weekends, you earn 5X rewards on all spends.
Is there lounge access with this card?
Yes, you get 2 complimentary domestic lounge visits per year.
Is there an annual fee waiver?
Yes, the annual fee of Rs 1,500 is waived if you spend Rs 1,00,000 or more in the previous year.
What is the fuel surcharge waiver benefit?
You get 1% fuel surcharge waiver on fuel transactions between Rs 400 and Rs 4,000.
Can I convert purchases to EMI?
Yes, you can convert purchases above Rs 2,500 to EMI at competitive interest rates.
User Reviews
Ready to Apply for Axis Bank Horizon?
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