Axis Bank Freecharge Credit Card – Benefits, Fees & Eligibility

Introduction

Axis Bank Freecharge Credit Card

The Axis Bank Freecharge Credit Card, issued by Axis Bank, is positioned as an entry-level card designed for regular users of the Freecharge app. It offers a virtual credit card for instant, secure online transactions. Key differentiating benefits include 5% cashback on Freecharge app spends, 1% cashback on all other spends, and exciting spend-based Edge Reward Point offers. This card has been discontinued.

Axis Bank Freecharge Plus Credit Card

The Axis Bank Freecharge Plus Credit Card, also issued by Axis Bank, is a cashback-focused card that provides benefits across Freecharge spending, daily commute, and other general transactions. It aims to unlock a world of cashback, allowing users to save on utility bills, daily commutes, and enjoy various entertainment and dining benefits.

Welcome Benefits

Axis Bank Freecharge Credit Card

• Welcome gift vouchers worth up to Rs. 700.

Axis Bank Freecharge Plus Credit Card

• Welcome Benefits of Rs. 700 (Voucher offer is not applicable for cards issued on or after 4th January, 2023).

Fees

Axis Bank Freecharge Credit Card

• Joining Fee: Rs. 250 + GST
• Annual Fee: Rs. 250 + GST
• Spend-Based Waiver: The annual fee is waived off on spending Rs. 50,000 or more in the previous year/anniversary year.
• Rewards Redemption Fee: Nil
• Foreign Currency Markup: 3.5% of the transacted amount.
• Interest Rates: 3.6% per month.
• Fuel Surcharge Waiver: 1% fuel surcharge is waived off for all fuel transactions between Rs. 400 and Rs. 4,000.
• Cash Advance Charges:
  • 3.5% of the amount withdrawn or Rs. 250 (whichever is higher).
  • 2.5% of the withdrawn amount, subject to a minimum of Rs. 500.

Axis Bank Freecharge Plus Credit Card

• Joining Fee: ₹350
• Annual Fee:
  • 1st year: NIL
  • 2nd year: ₹350
• Spend-Based Waiver: The annual fee is waived off on spending ₹50,000 or more in the preceding card anniversary year. Rent transactions and wallet load transactions will not be eligible for spends counted in availing annual fee waiver.
• Card Replacement fee: Nil
• Cash Payment fee: ₹175
• Duplicate Statement Fee: Waived
• Charge slip retrieval fee or copy request fee: Waived
• Outstation cheque fee: Waived
• Finance Charges (Retail purchases and Cash): 3.75% per month.
• Cash withdrawal fee: 2.5% (Min. ₹500) of the cash amount.
• Late Payment Fee:
  • 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 charge of ₹100 will be applicable if the payment of Minimum Amount Due (MAD) is not made by the Payment Due Date (PDD) for two consecutive billing periods.
• Over limit penalty: 2.5% of the over limit amount (Min ₹500).
• Cheque return, dishonour fee, or auto-debit reversal: 2% of the payment amount subject to Min. ₹500.
• Surcharge on purchase or cancellation of railway tickets: As prescribed by IRCTC/Indian Railways.
• Foreign currency transaction fee: 3.5% of the transaction value.
• Rent Transaction Fee: 1% on each rental transaction.
• Wallet load transaction Fee: 1% fee will be applicable on cumulative wallet load transactions of ₹10,000 or more in a statement cycle.
• Fuel Transaction Fee: 1% fee will be applicable on cumulative fuel transactions of ₹50,000 or more in a statement cycle.
• Education Transaction Fee: 1% fee will be applicable on each education payment done through third-party apps.
• Utility Transaction Fee: 1% fee will be applicable on cumulative spends of ₹25,000 or more made towards utility payments in a statement cycle within a statement period.
• Online skill-based gaming Fee: 1% fee will be applicable for cumulative spends of ₹10,000 or more on online skill-based gaming platforms in a statement period.
• Dynamic Currency Conversion Markup: 1.5% plus taxes will be applicable for each international transaction performed in Indian currency or International location or transactions performed in Indian currency with merchants located in India but registered in a foreign nation.

Rewards

Axis Bank Freecharge Credit Card

• Cashback Rate:
  • 5% cashback on spends on the Freecharge app.
  • 1% cashback on all other spends.
• Movie & Dining:
  • 50% off on an annual subscription on Eros Now.
  • Up to Rs. 100 credit every month on the Fresh menu.
• Travel:
  • Up to Rs. 100 credit every month on Shuttl.
  • Up to Rs. 150 off every month on Shuttl.
• Milestone Benefits (per month):
  • Spends Less than Rs. 1,999: Zero Bonus Reward Points.
  • Spends Rs. 2,000 to Rs. 4,999: 100 Edge Rewards.
  • Spends Rs. 5,000 & Above: 350 Edge Rewards.
  • You can earn up to 350 bonus Edge Reward Points per month.
• Other Benefits:
  • Discount of up to 10% on Myntra.
• Lounge Access: Not provided for Domestic or International.
• Golf: Not provided.
• Insurance Benefits: Not provided (5% cashback on insurance payments via Freecharge app is not available with this card).

Axis Bank Freecharge Plus Credit Card

• Cashback with every Transaction:
  • 5% cashback on Freecharge spending.
  • 2% cashback on local commute.
  • 1% cashback on all other spending.
• Dining Delights: Enjoy exceptional dining experiences at top restaurants across India with the Axis Bank Dining Delights Program.
• Wednesday Delight: Beat the mid-week blues with exciting offers every Wednesday, including:
  • Instant savings of up to 15% on flights & hotels via MakeMyTrip.
  • 10% off on orders via Swiggy.
  • 10% off up to ₹1000 on Tira.

Rewards Redemption Guide

Axis Bank Freecharge Credit Card

• The earned EDGE Reward Points can be redeemed through the Edge Rewards website of Axis Bank or the Axis Bank mobile banking app.
• 1 Edge Reward Point = Re. 0.20.
• Points can be redeemed against a variety of 500+ options available on the Edge Rewards website.

Axis Bank Freecharge Plus Credit Card

• Cashback is directly applied to the account.

Card Eligibility Criteria

Axis Bank Freecharge Credit Card

• The age of the applicant should be above 21 years.
• The applicant should be a resident of India.
• The applicant should have a stable source of income.
• The applicant should have a decent credit history.

Axis Bank Freecharge Plus Credit Card

• This card is an invite-only model.
• If the customer is eligible, they will be able to see the banner on their Freecharge Mobile App.

Documents Required

Axis Bank Freecharge Credit Card

• Identity Proof: PAN Card, Driving License, Passport, etc.
• Address Proof: Aadhaar Card.
• Proof of Income: Latest salary slips/bank statements or latest ITR.

Card Review

Axis Bank Freecharge Credit Card

The Axis Bank Freecharge Credit Card, despite being discontinued, was considered a significant card for utility bill payments, mobile recharges, and similar transactions due to its 5% cashback on the Freecharge app. It offered a good cashback rate at a nominal annual fee.

• Pros: Low joining/annual fees, decent benefits, exclusive reward points with great redemption choices, virtual credit card available instantly (with an option for a physical card).
• Cons: Does not offer a wide variety of benefits compared to some other cards.
• Who should apply: It was suitable for individuals seeking a credit card with affordable fees and decent benefits, particularly those who frequently use the Freecharge app.

Important Product Details

Axis Bank Freecharge Credit Card

• Get the virtual credit card instantly on the Freecharge app.
• Earn 1% cashback on all your spends.
• 5% cashback on your spends on the Freecharge app.
• Up to 50% off on Eros Now annual subscription.
• Up to Rs. 150 off every month on Shuttl.
• A credit of up to Rs. 100 every month on Fresh Menu.
• The annual fee is waived if you spend Rs. 50,000 or more in the previous anniversary year.
• Does not provide any airport lounge access.
• This card is discontinued.

Axis Bank Freecharge Plus Credit Card

• Unlocks a world of cashback on Freecharge spending, daily commute, and all other spending.
• Can be used to pay utility bills, cover daily commute, and enjoy a host of benefits for entertainment and dining.
• Annual fee waived off on spending ₹50,000 in the preceding card anniversary year.
• Cashback terms & conditions are available.
• Dining Delights program details are available.
• Wednesday Delight offers are available.
• Terms and conditions have been updated w.e.f 20th June, 2025.

Other Details

Axis Bank Freecharge Credit Card

• How to Apply: You can apply for this credit card through the Freecharge app on your mobile phone by clicking on "Credit Cards," filling in your details, and submitting your application.
• A virtual credit card is provided instantly, and a physical credit card can also be obtained if the conditions for physical card issuance are met.
• From August 12, cashback is not received when paying on the Freecharge app for rent, but 1% cashback can still be received via other platforms.

Axis Bank Freecharge Plus Credit Card

• Value Chart (Illustrative purposes only):
  • Total Annual Spends: ₹1,10,000
  • Spends on Freecharge (₹15,000) yield ₹750 cashback.
  • Spends on Local commute (₹10,000) yield ₹200 cashback.
  • Other Spends (₹85,000) yield ₹850 cashback.
  • Welcome Benefits: ₹700 (Voucher offer not applicable for cards issued on or after Jan 4, 2023).
  • Annual Fee Waiver: ₹350.
  • Total Annual Benefits: 2.59%* (Total Cashback ₹1,800, Total Discount/Benefits ₹1,050).
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