Axis Bank AURA Credit Card – Benefits, Fees & Eligibility

Introduction

The Axis Bank AURA Credit Card, issued by Axis Bank, was positioned as a unique offering for ultra-health-conscious individuals and fitness enthusiasts. This mid-range credit card aimed to provide financial benefits associated with health and wellness, offering features such as free video consultations with doctors, complimentary fitness sessions, and discounted rates on nutritional foods. It also provided a modest reward rate on general and insurance spends. Please note that this credit card is no longer available for new applications.

Welcome Benefits

• Decathlon & Amazon voucher worth ₹750 on card issuance.

Fees

• Joining Fee: ₹749 + GST
• Annual Fee: ₹749 + GST (applicable from the second year onwards)
• Spend-Based Waiver: Not applicable
• Rewards Redemption Fee: ₹99 + GST
• Foreign Currency Markup: 3.5% of the transaction value
• Interest Rates: 3.75% per month (55.55% annually)
• Fuel Surcharge Waiver: 1% fuel surcharge waived off at all fuel stations for transactions between ₹400 and ₹4,000. The maximum waiver is capped at ₹250 per month/statement cycle. GST charged on fuel surcharge is non-refundable.
• Cash Advance Charges: 2.5% of the withdrawn amount (minimum of ₹500)
• Add-on card joining fee: Nil
• Add-on card annual fee: Nil
• Card replacement fee (lost or stolen or re-issue): Nil
• Cash payment fee: ₹175
• Duplicate Statement fee: Waived
• Charge slip retrieval fee or copy request fee: Waived
• Outstation cheque fee: Waived
• Mobile alerts for transactions: Free
• Hotlisting charges: Nil
• Balance enquiry charges: Waived
• Overdue penalty or Late payment fees:
  • Nil if Total Payment Due is less than ₹500
  • ₹500 if total payment due is between ₹501 - ₹5,000
  • ₹750 if total payment due is between ₹5,001 - ₹10,000
  • ₹1200 if total payment due is greater than ₹10,000
  • An additional ₹100 charge will be levied if the 'Minimum Amount Due (MAD) is not paid for two consecutive cycles and will apply until the MAD is cleared.
• Over limit penalty: 2.5% of the over limit amount (Minimum ₹500)
• Cheque return or dishonor fee or auto-debit reversal: 2% of the payment amount subject to Minimum ₹500
• Surcharge on purchase or cancellation of railway tickets: As prescribed by IRCTC/Indian Railways
• G.S.T: As per existing government norms
• Rent Transaction Fee: 1% fee per transaction will be applicable on each rental transaction, plus applicable taxes.
• Dynamic Currency Conversion Markup: 1.5% of transaction amount + taxes (Applicable on International transactions performed in Indian currency at International location or transactions performed in Indian currency with merchants located in India but registered in foreign nation).
• Education Payment Charges: 1% fee per transaction will be applicable on education payments made via third-party apps.
• Wallet Load Transaction Fee: 1% fee will be applicable on cumulative spends of ₹10,000 or more on wallet loads per statement cycle.
• Fuel Transaction Fee: 1% fee will be applicable on cumulative spends of ₹50,000 or more on fuel transactions per statement cycle.
• Utility Transaction Fee: 1% fee will be applicable on cumulative spends of ₹25,000 or more on utilities per statement cycle.
• Online Skill-Based Gaming Transaction Fee: 1% fee will be applicable on cumulative spends of ₹10,000 or more on online skill-based gaming platforms in a statement cycle.

Rewards

• Reward Points Earning:
  • Earn 2 EDGE Points per ₹200 spent with the card on most categories.
  • Earn 5X EDGE Points (equivalent to 10 EDGE Points per ₹200) on insurance spends, with a maximum transaction amount capped at ₹10,000.
  • No EDGE Reward Points are awarded for utilities, education, wallet, rent, fuel, and government institutions.
• Reward Point Value: 1 EDGE Point is valued at ₹0.20, resulting in an effective reward rate of 1% on insurance spends and 0.20% on all other eligible spends.
• Dining Benefits:
  • Up to 15% discount on dining bills at partner restaurants under the Axis Bank Dining Delights program.
  • Offer details: 15% off up to ₹500, Minimum Order Value ₹2500, Valid once per card per month.
• Medical & Fitness Benefits:
  • 4 complimentary video doctor consultations per month on Practo.
  • 4 complimentary interactive video fitness sessions per month via Fitternity.
  • Access to 16 recorded fitness sessions per month on Fitternity.
  • Annual discount of up to ₹500 on health check-ups.
  • Minimum 30% discount on nutritional/diet consultations from partner nutritionists.
  • Minimum 30% discount on nutritional foods.
• Wednesday Delight Offers:
  • Instant savings of up to 15% on flights & hotels via Goibibo and Makemytrip.
  • 10% off on orders via Swiggy and Amazon Fresh.
  • 10% off up to ₹1000 on Tira.

Rewards Redemption Guide

• EDGE Points earned on the card can be redeemed for shopping/travel vouchers or by purchasing products from the given catalog on the Axis Bank EDGE Rewards Portal.
• To avail complimentary video doctor consultations, fitness sessions, and discounts on health check-ups, nutritional/diet consultations, and nutritional foods, cardholders need to log in to https://axisbankaura.poshvine.com/ using their registered mobile number.

Card Eligibility Criteria

• Primary Cardholder Age: Must be between 18 years and 70 years.
• Add-on Cardholder Age: Must be 15 years or above.
• Residency: The applicant should either be a Resident of India or a Non-Resident Indian.
• Documents Required:
  • PAN Card photocopy or Form 97.
  • Proof of income: Latest payslip / Form 16 / IT Return.
  • Residence proof: Passport / Ration Card / Driving License / Electricity Bill / Landline Telephone Bill.

Card Review

The Axis Bank AURA Credit Card was a distinctive offering by Axis Bank, specifically tailored for individuals highly focused on their health and fitness. Its primary strength lay in the extensive suite of medical and wellness benefits, including free doctor consultations, fitness sessions, and discounts on health check-ups and nutritional services, which could lead to significant savings for health-conscious users. However, the card's general reward rate of 0.20% on most spends and 1% on insurance spends was not particularly high, making it less attractive for those primarily seeking rewards on everyday purchases. Despite its unique value proposition in the health segment, the card has been discontinued. For individuals who frequently utilized health and fitness services, this card offered a compelling value proposition in its category.

Important Product Details

• The Axis Bank AURA Credit Card is no longer available for new applications.
• Receive a Decathlon & Amazon voucher worth ₹750 as a welcome benefit.
• Enjoy 4 complimentary video doctor consultations per month on Practo.
• Access 4 complimentary interactive video fitness sessions and 16 recorded sessions per month via Fitternity.
• Benefit from an annual discount of up to ₹500 on health check-ups.
• Get a minimum 30% discount on nutritional/diet consultations from partner nutritionists.
• Avail a minimum 30% discount on nutritional food.
• Earn 2 EDGE Points per ₹200 spent on most categories.
• Earn accelerated 5X EDGE Points (10 EDGE Points per ₹200) on insurance spends, capped at a maximum transaction of ₹10,000.
• Receive up to 15% discount on dining bills at partner restaurants through the Axis Bank Dining Delights Program.
• The card is an EMV certified chip credit card, featuring chip and PIN enabled transactions for enhanced security against counterfeit and skimming frauds.

Other Details

• For any queries or assistance regarding the credit card, customers may dial Axis Bank’s retail phone banking numbers: 1860 419 5555 or 1860 500 5555.
• To block a lost or stolen card, contact the 24×7 helpline at +91 22 67987700.
• Information about the Credit Card balance can be obtained by calling 1800-419-5959 or by sending SMS BAL to 56161600 or +918691000002.
• General credit card services offered by Axis Bank include Credit Limit Increase, Instant loan on credit card, Credit Card against Fixed Deposit, Grab Deals, Convert Purchases Into EMIs, and a Credit Card Control Center.
• All benefits and offers are subject to detailed Terms & Conditions.