Axis Bank Reserve Credit Card – Benefits, Fees & Eligibility

Axis Bank Reserve Credit Card

Introduction

The Axis Bank Reserve Credit Card is a super-premium offering from Axis Bank, designed to provide a suite of best-in-class privileges and unbridled indulgences for a luxurious lifestyle. This reward points-based card offers an effective reward rate of 1.5% on domestic spends and 2X reward points on international transactions. It aims to make every journey special by providing extensive value-added benefits, including complimentary airport lounge access both domestically and internationally, memberships to prestigious hotel loyalty programs such as ITC Culinaire, Accor Plus, and Club Marriott, and access to premium dining programs like Eazydiner Prime. It is a metal credit card designed for luxury.

Welcome Benefits

• Receive 15,000 Edge Reward Points upon card activation.

Fees

• Joining Fee: ₹50,000 + GST
• Renewal Fee: ₹50,000 + GST
• Spend-Based Waiver: The renewal fee can be waived off if a minimum expenditure of ₹35 Lakhs is made in the preceding 12 months.
• Rewards Redemption Fee: Nil
• Foreign Currency Markup: 1.5% of the transaction amount.
• Interest Rates: 3% per month (equivalent to 42.58% annually) on outstanding amounts if not paid by the due date.
• Fuel Surcharge: A 1% fuel surcharge waiver is applicable on fuel purchases between ₹400 and ₹4,000 at all filling stations across India. The maximum waiver is capped at ₹400 per statement cycle.
• Cash Advance Charges: Nil for cash withdrawals made with the card at ATMs.

Rewards

General Rewards

• Earn 15 Edge Reward Points for every ₹200 spent on domestic transactions.
• Earn 30 Edge Reward Points (2X rewards) for every ₹200 spent on international transactions.
• Reward Exclusions: Spending on utilities, wallet, fuel, insurance, jewellery, and government institutions will not earn EDGE Reward Points and will not count towards the annual fee waiver.
• Rental Transactions Cap: Rental transactions are capped at ₹1 lakh, earning a maximum of 7,500 EDGE Reward Points. Fuel transactions below ₹400 and above ₹4,000 will also earn 15 EDGE Reward Points.

Travel Benefits

• Airport Lounge Access:
  • Complimentary Priority Pass membership offering unlimited international airport lounge access every year for primary and add-on cardholders.
  • 12 complimentary visits per year for accompanying guests at international airport lounges (with Priority Pass membership).
  • Unlimited complimentary domestic airport lounge access for both primary and add-on cardholders.
• Airport Concierge Services: Enjoy complimentary airport concierge services.
• Luxury Airport Transfers: This benefit has been discontinued as of 20th April 2024.
• Global Travel and Medical Assistance: Access to global travel and medical assistance on international trips through Axis Bank’s concierge service.

Hotel Memberships & Offers

• Club ITC Culinaire Membership: Complimentary membership with benefits such as:
  • A complimentary third-night stay (2+1 nights stay).
  • 50% discount on published room tariff on suites on weekends.
  • 25% Green Points on food and beverages spends.
  • A bouquet of 10 certificates.
• Accorplus Membership: Complimentary membership including:
  • Complimentary room upgrades at Accor hotels.
  • Up to 50% off on dining.
  • A complimentary lunch buffet for two across Accor hotels in India.
  • Two complimentary night stays at all Accor hotels across the Asia Pacific region.
• Club Marriott Asia Pacific Membership: Handcrafted membership offering:
  • Up to 20% off on food and beverages.
  • 20% discount on the best available rates at participating Marriott hotels in India.
  • 20% discount on weekend rates in Asia Pacific.
• Oberoi Hotels and Resorts: Exclusive offers including:
  • 15% discount on room-only rates and room with breakfast rates.
  • A complimentary 3rd-night stay.
  • 50% discount on the best available rates on suites.
• Postcard Hotels: 15% discount on the best available room rates, anytime check-in and checkout facility, and complimentary lifestyle consultation (applicable only on Postcard hotels in Goa).

Dining & Entertainment Benefits

• EazyDiner Prime Membership: Complimentary membership providing up to 25% off at premium restaurants nationwide.
• Dining Delights Program: Up to 20% discount at over 4,000 partner restaurants.
• BookMyShow Offers: Buy One Get One (BOGO) offer on booking movie and non-movie tickets:
  • Maximum benefit of ₹500 off on the second movie ticket (available 5 times a month).
  • Maximum benefit of ₹1,000 off on the second non-movie ticket.
• Handpicked Experiences: Access to curated experiences at extraordinaryweekends.com, such as sailing, unique tours, golf, and a "chef for a day."

Golf Benefits

• Enjoy 50 complimentary rounds of golf every year at India’s most premium golf courses.

Health and Medical Benefits

• Weljii Offers: Receive a first complimentary information session and a 25% discount on health and wellness coaching plans from Weljii.
• Second Medical Opinion: Complimentary referral-based service for a second medical opinion from world-class specialists at reputed international hospitals.
• Discounts on Health Packages and Pathology Tests: Complimentary discounts on health packages and pathology tests at Dr. Pathlabs and Metropolis.
• Global Medical Assistance: Global medical assistance services available through Axis Bank’s concierge service.

Insurance Benefits

• A comprehensive insurance cover is provided with the card, including:
  • Purchase Protection: Up to ₹2 Lakh.
  • Loss/Delay in Baggage/Personal Documents: Up to USD 500.
  • Credit Shield: Up to ₹5 Lakh.

Rewards Redemption Guide

• Redemption Portal: Edge Reward Points can be redeemed for instant vouchers and exclusive products on Axis Bank’s Edge Rewards portal.
• Point Value: 1 Edge Reward Point = ₹0.20.
  • This translates to an effective reward rate of 1.5% on domestic spends.
  • This translates to an effective reward rate of 3% on international spends.
• Miles Conversion: Edge Reward Points can be converted to Edge Miles for international and domestic airline programs (e.g., Air India, Etihad Airways, Qatar Airways, Marriott International).
  • The revised transfer ratio for most programs is 5:2 (5 EDGE RPs = 2 Partner Miles/Points).
• Conversion Cap: The total number of reward points that can be converted in a calendar year is capped at 5,00,000 RPs for a single Customer ID.
• Linking Partner Programs: Only one Customer ID can be linked to a partner program loyalty membership at a given time. To link another ID, the existing primary ID must first be deleted.
• Updating Customer ID: Cardholders must wait at least 60 days to update their partner program Customer ID at the Travel EDGE portal.
• Special Conversion Ratio: To retain the previous Miles Conversion ratio of 5:4 on the Reserve credit card, customers must maintain a Burgundy Private account relationship and obtain the Burgundy Private credit card. No extra fee is charged for this special offering.

Card Review

The Axis Bank Reserve Credit Card stands out as a super-premium offering from Axis Bank, positioned to compete directly with other high-end cards like the American Express Platinum Charge Card and Yes Private Credit Card, reflecting its substantial annual membership fee of ₹50,000. While its reward rates of 1.5% on domestic and 3% on international spending are competitive, the card truly excels with its unique and extensive travel benefits. Cardholders benefit from complimentary memberships to prestigious hotel loyalty programs such as Accorplus, Club ITC Culinaire, and Club Marriott Asia Pacific, along with exclusive discounts at Oberoi Hotels and Resorts. This rich suite of travel and lifestyle privileges makes the Axis Bank Reserve Credit Card an an excellent choice for individuals who are frequent travelers and seek an elevated experience across various luxury segments. The high joining fee may not be affordable for everyone.

Important Product Details

• This is a super-premium metal credit card.
• Receive 15,000 bonus Edge Reward Points as a welcome benefit.
• Earn 15 Edge Reward Points per ₹200 spent, with 2X points on international spends.
• A lower mark-up fee of 1.5% of the transaction amount is applicable on all foreign currency transactions.
• Enjoy unlimited domestic and international airport lounge access for primary and add-on cardholders, including 12 complimentary guest visits annually with Priority Pass.
• Benefit from complimentary memberships to Club ITC Culinaire, Accorplus, and Club Marriott Asia Pacific (with specific benefits for weekend rates in Asia Pacific).
• Access 50 complimentary golf rounds per year.
• A comprehensive insurance cover is provided, including Purchase Protection (₹2 Lakh), Loss/Delay in Baggage (USD 500), and Credit Shield (₹5 Lakh).
• There are zero cash advance charges.
• The annual renewal fee can be waived upon spending ₹35 Lakhs in the preceding year.
• Information for cards issued before 10th July 2020: The above-mentioned benefits are applicable at no additional cost and at annual fees agreed upon at the time of card issuance. However, the following benefits were discontinued or revised downwards effective 31st August 2020:
  • Luxury dining experience upon card issuance.
  • Annual benefit of Tata CliQ voucher worth Rs.10,000.
  • Annual benefit of Club Vistara Gold membership.
  • 50% cashback on movies.
  • Golf benefits were revised down to 50 rounds in a year.
  • To get your metal card, EazyDiner membership, and a new Priority Pass card with 5-year validity, please place a card replacement request through customer service or the Axis Bank Mobile App.

Other Details

• Concierge Desk: 1800 103 4962
• For any card-related queries, complaints, and feedback, customers can call 1800 419 0065 or visit http://www.axisbank.com/support.
• New credit cards must be activated within the first 30 days of issuance; failure to do so will result in card closure as per RBI guidelines.
• The Terms and Conditions of Axis Bank Reserve Credit Card have been, or will be, updated on several dates: w.e.f 1st September’23, w.e.f 20th April'24, and w.e.f. 20th June, 2025.
• A complimentary Swiggy One Membership is offered with the card (effective April 2024).