Axis Bank Credit Cards review

The annual fee is INR 500 and the monthly fee is INR 0, so the annual charge is the main cost to weigh against the cashback you earn. On our data the annual fee ranks 216 out of 301 cards, which is well down the field.

The APR is 55.55%, and that is expensive for anyone carrying a balance from month to month. It ranks 126 out of 133 cards on our data, so the card is meant to be paid in full rather than used as a revolving line of credit.

Rewards are cashback rather than points or miles. Cashback is unlimited on Flipkart and Cleartrip, higher on Swiggy, Uber, PVR and Cult.fit and lower on other eligible categories, so spending concentrated on a few everyday merchants is what makes the card work.

The list under Up to 4 complimentary domestic airport lounge visits per year with Rs 50,000 spend in the previous 3 months, Fuel surcharge waiver up to 1% (capped at Rs 400) on transactions between Rs 400 and Rs 4,000 and Up to 15% off capped at Rs 500 on EazyDiner dining covers domestic airport lounge visits tied to spending in recent months, a fuel surcharge waiver on mid sized fuel transactions, dining discounts and Wednesday offers on flights and hotels booked through partner sites. Each perk has its own spend conditions.

The card is issued by Axis Bank Limited, a bank based in India and regulated by the Reserve Bank of India. No deposit protection scheme is listed for the card, so a balance you carry is credit you owe the bank rather than money held in a protected account.

The stated credit requirement is good, so the card targets a solid but not perfect credit file. The issuer has traded since 1993 under the name Axis Bank Limited, and final approval still rests with the bank's own assessment of your file.

Support runs on phone and help centre, so you reach the bank by phone or through its help centre. No chat or email channel is listed, which means billing questions, disputed transactions and reward queries are all handled through those two routes.