Axis Bank SELECT Credit Card – Benefits, Fees & Eligibility

Introduction

The Axis Bank Select Credit Card, with a joining fee of ₹3,000 plus GST, is a versatile lifestyle credit card offering extensive benefits across travel, shopping, dining, and movies. Axis Burgundy account holders receive this card as lifetime free, although they are not eligible for the welcome bonus. Cardholders can enjoy complimentary domestic and international airport lounge access through a Priority Pass membership, along with various discounts at popular restaurants via the Axis Dining Delights program and monthly savings on Swiggy orders. It provides accelerated EDGE Reward Points on retail shopping, bonus points on achieving spending milestones, and a renewal fee waiver based on annual expenditure.

Welcome Benefits

• Get 10,000 EDGE REWARD Points worth ₹2,000 on your first card transaction.
• The first transaction must be done within 30 days of card issuance.
• The points will be credited to your EDGE REWARDS account within T+15 business days, where "T" is the transaction date.
• This welcome benefit is not applicable for lifetime free credit card holders or Axis Burgundy account holders.
• Welcome benefits are awarded upon the realization of the joining fee.

Fees

• Standard Joining Fee: ₹3,000 (NIL for Burgundy customers).
• Standard Annual Fee (2nd year onwards): ₹3,000 (NIL for Burgundy customers).
• Spend-Based Waiver: Complete annual fee waiver on spending of ₹8 lakhs in a card anniversary year.
• Standard Add-on Card Joining Fee: NIL.
• Standard Add-on Card Annual Fee: NIL.
• Finance Charges (Retail Purchases & Cash): 3.75% per month (55.55% per annum).
• Cash Withdrawal Fees: 2.5% of cash Amount (Minimum ₹500).
• Fee for Cash Payment: ₹175.
• Card Replacement: Nil.
• Duplicate Statement Fee: Waived.
• Overdue Penalty or Late Payment Fee:
  • Nil if Total Payment Due is up to ₹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 is applicable on missing payment of Minimum Amount Due (MAD) by the due date for two consecutive cycles, continuing until MAD is cleared.
• Over Limit Penalty: 2.5% of the overlimit amount (Minimum ₹500).
• Chargeslip Retrieval Fee or Copy Request Fee: Waived.
• Outstation Cheque Fee: Waived.
• 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.
• Fuel Transaction Surcharge: 1% of transaction amount (Refunded for fuel transactions between ₹400 and ₹4000).
• Foreign Currency Transaction Fee: 3.50% of the transaction value.
• Rent Surcharge Fee: 1% of the rental transaction amount plus taxes. Applicable on each rental transaction done on Axis Bank credit card. Rent transactions are identified through Merchant Category Code 6513. Effective from 20-12-24.
• Dynamic Currency Conversion markup fee: 1.5% of each international transaction plus taxes. Applicable on international transactions performed in Indian currency at international locations or transactions performed in Indian currency with merchants located in India but registered in a foreign nation. Not applicable on Burgundy Private Credit Card. Effective from 20-12-24.
• Mobile Alerts for Transactions: Waived.
• Hotlisting Charges: Waived.
• Balance Enquiry Charges: Waived.
• Reward Redemption fee: ₹99.
• Wallet load transaction fee: 1% fee on cumulative spends of ₹10,000 or more on wallet loads per statement cycle.
• Fuel transaction fee: 1% fee on cumulative spends of ₹50,000 or more on fuel transactions per statement cycle.
• Education transaction fee: 1% fee on education payments made via third party apps.
• Utility transaction fee: 1% fee on cumulative spends of ₹25,000 or more on utilities per statement cycle.
• Online skill-based gaming transaction fee: 1% fee on cumulative spends of ₹10,000 or more on online skill-based gaming platforms in a statement cycle.
• GST: Applicable on all fees, interest & other charges as notified by the Government of India.
• Burgundy Customer Note: The Axis Bank Select Credit card is complimentary exclusively for Burgundy Customers. In the event of discontinuation of Burgundy status, an annual fee of ₹3,000 + G.S.T will be applicable.

Rewards

Reward Points Earning

• Earn 10 Axis EDGE points on every ₹200 spent.
• Earn 2X (20 points) per ₹200 on 'Retail Shopping' spends, applicable up to cumulative transactions of ₹20,000 per month. After reaching ₹20,000 per month, earn 10 EDGE REWARD Points per ₹200 spent.
• Retail shopping includes spends across Department Stores, Grocery Stores, Clothing and Accessory Stores, Women's Wear Stores, Children's Wear Stores, Family Clothing Stores, and Miscellaneous Apparel and Accessory Stores.
• Spends on Insurance, rent, fuel, educational services, utilities & telecom, wallet, Gold/Jewellery, and government services are not eligible for earning EDGE REWARD points.
• EDGE REWARD Points will be debited for credit card transactions converted to EMI. On cancellation of the EMI transaction, points shall not be credited back for the original transaction.

Welcome Benefits

• Get 10,000 EDGE REWARD Points worth ₹2,000 on your first card transaction.

Movies & Entertainment

• Enjoy a 100% discount on your second movie ticket booked via the District app using your Select credit card.
• Get up to ₹250 off, twice per month.
• Apply the code AXISSELECT to get this discount.
• This offer will be valid from 20th June 2025.

Dining

• Enjoy exceptional dining experiences at top restaurants across India with the Axis Bank Dining Delights Program.
• Get up to 25% discount, up to ₹800, on dining transactions at partner restaurants when paying via Select Credit Card.

Shopping

• BigBasket Offers:
  • Flat ₹500 off per month on a minimum purchase of ₹2,500 on the BigBasket mobile app/website.
  • The offer is applicable once per month per user.
  • Offer is applicable on transactions done through Select Credit Card.
  • The voucher code for the offer is AXISSELECTCC. This can help save up to ₹6,000 in a year on grocery shopping.
• Swiggy Offers:
  • Flat ₹200 off on Swiggy mobile app/website.
  • Use code "AXIS200" at the time of checkout.
  • Valid twice a month on a minimum transaction of ₹1,000 per order.
  • Offer valid on transactions done through Select Credit Card.

Travel

• International Lounge Access: Get up to 12 complimentary International Airport Lounge access through Priority Pass Membership.
• Domestic Lounge Access: Enjoy 2 complimentary domestic lounge visits per quarter on spends of ₹50,000 or more in the last 3 months (Maximum 8 visits per year).
• Travel Insurance: Cumulative cover up to USD 500 for loss of travel documents, delay of check-in baggage, and loss of check-in baggage cover.

Golf

• Enjoy 6 complimentary Golf rounds per year.
• Unlock an additional 6 complimentary golf rounds within the same anniversary year on achieving spends of ₹3 Lakhs in that anniversary year.
• Book complimentary golf rounds/lessons via www.extraordinaryweekends.com.

Insurance

• Comprehensive Insurance Cover: Keep yourself, your family and assets safe with:
  • Purchase protection up to ₹1 Lakh.
  • Cumulative cover up to USD 500 for the following:
    • Loss of travel documents.
    • Delay of check-in baggage.
    • Loss of check-in baggage cover.

Milestone Benefits

• 5,000 EDGE points on spending ₹3 Lakhs in a card anniversary year.
• Complete annual fee waiver on spending of ₹8 lakhs in a card anniversary year.
• Spends threshold for 5,000 EDGE points and Annual fee waiver will exclude Insurance, rent, fuel, educational services, utilities & telecom, government services, wallet & Gold.

Annual Benefits

• Priority Pass Membership renewal on annual spend of ₹3 Lakh.
• Renewal of offers on BigBasket and Swiggy.

Fuel

• Get 1% fuel surcharge refund on fuel purchases at all fuel stations across India.
• Valid on transactions between ₹400 and ₹4,000 only.
• Maximum benefits up to ₹400 per statement cycle.
• Service tax charged on fuel surcharge is non-refundable.
• No reward points are earned on fuel transactions.

Lifestyle

• Extraordinary Weekends: Explore curated experiences designed exclusively for premium customers. Visit www.extraordinaryweekends.com or contact the concierge at 1800 103 4962.
• Wednesday Delight: Beat the mid-week blues with exciting offers every Wednesday:
  • Instant savings of up to 15% on flights & hotels via MakeMyTrip.
  • 10% off on orders via Swiggy.
  • 10% off up to ₹1,000 on Tira.

Rewards Redemption Guide

• EDGE Points earned on the card can be redeemed against shopping/travel vouchers or for purchasing products from the EDGE Rewards catalogue.
• 1 EDGE Point = ₹0.20.
• You can transfer the EDGE reward points earned to partner airlines/hotel points.
  • For ITC, SpiceJet, and AirAsia, the transfer ratio is 5
    (5 EDGE Points = 1 partner point/mile).
  • For all other partners, a 10
    ratio is applicable (10 EDGE Points = 1 partner point/mile).
• The total number of reward points you can convert in a calendar year is capped at 5,00,000 RPs for a single Customer ID.
• You can link only one Customer ID to a partner program loyalty membership at a given time. If you want to link another ID, you must first delete the existing primary ID and then add the new one.
• Airline and Hotel Loyalty Partners:
  • Group A (1 Lakh EDGE Reward Per Year Cap): Accor Hotels, Air Canada, Ethiopian Airlines, Etihad, Japan Airlines, Marriott International, Qatar Airways, Singapore Airlines, Turkish Airlines, Thai Airways, United Airlines, Wyndham Hotels.
  • Group B (4 Lakh EDGE Reward Per Year Cap): Air France-KLM, Air India, Air Asia, ITC, IHG® Hotels & Resorts, Qantas Airways, SpiceJet.

Card Eligibility Criteria

Eligibility Rules

• Primary Cardholder should be 18-70 years of age.
• Applicant should be a resident of India.
• Net annual income should be a minimum of INR 6 lakh P.A.
• The bank reserves the right to approve or decline applications for credit card.

Documents Required

• PAN Card photocopy.
• Proof of income (Latest payslip / Form 16 / IT Return).
• Residence proof (Driving License / Electricity Bill / Landline Telephone Bill).
• The list of documents is indicative, and requirements may vary on a case-to-case basis.

Card Review

The Axis Bank Select Credit Card is a versatile offering, providing benefits across nearly all spending categories. It is particularly well-suited for individuals who can maintain a monthly spending of ₹20,000, as this allows them to maximize the accelerated 20 EDGE Reward Points per ₹200 spent. This card is ideal for those seeking a modest rewards rate combined with excellent lifestyle privileges, including comprehensive insurance benefits and access to both domestic and international airport lounges. While the joining fee is ₹3,000 plus applicable taxes, the welcome benefit of 10,000 EDGE Reward Points, valued at ₹2,000, partially offsets this cost. The card stands out for its discounts on popular platforms like Swiggy and BigBasket, and its complimentary Priority Pass membership adds significant value for frequent travelers.

Pros

• Offers ₹200 off on Swiggy orders twice a month and discounts on BigBasket.
• Includes complimentary Priority Pass membership for international lounge access.
• Provides comprehensive insurance cover, including purchase protection and travel insurance.
• Offers substantial milestone benefits, including annual fee waiver on high spends.

Cons

• No reward points are earned on fuel transactions.
• The joining fee of ₹3,000 plus taxes is relatively high compared to the welcome benefit value of ₹2,000.

Important Product Details

• Earn 20 EDGE Points/₹200 on spends up to ₹20,000 cumulatively per month, and 10 EDGE Points/₹200 after that.
• Flat ₹500 off on a minimum purchase of ₹2,500 on the BigBasket mobile app and website (once a month).
• Flat ₹200 off on Swiggy orders, valid twice a month on a minimum transaction of ₹1,000.
• 12 complimentary international airport lounge accesses annually with Priority Pass membership.
• 2 complimentary domestic lounge visits per quarter on spends of ₹50,000 in the previous three months.
• Bonus 5,000 EDGE Points on spending ₹3 Lakhs in an anniversary year.
• Renewal fee waiver on spending ₹8 Lakhs in an anniversary year.
• 6 complimentary golf rounds every year, with an additional 6 rounds on annual expenditure of ₹3 Lakhs.
• 1% fuel surcharge waiver for transactions between ₹400 and ₹4,000, capped at ₹400 per statement cycle.
• Offers like 15% off on flights & hotels via MakeMyTrip and 10% off on Swiggy/Tira every Wednesday.
• Includes purchase protection up to ₹1 Lakh and travel insurance up to USD 500.
• Joining and Annual Fee of ₹3,000 + GST (NIL for Burgundy customers).
• Foreign currency transaction fee is 3.5%.
• Reward redemption fee of ₹99.

Other Details

• The Terms & Conditions of Axis Bank Select Credit Card will be updated effective 20th June, 2025.
• The credit limit provided for the Axis Bank Select Credit Card generally exceeds ₹2 lakhs, but it is dynamic and varies for each cardholder based on factors like credit history, past payment behavior, and income. Cardholders with lower credit limits can request a higher limit by contacting customer care or visiting a branch, provided they have a good credit score and no pending payments.
• Card Activation & PIN Generation:
  • Internet Banking: Log in to your net banking account, navigate to 'My Credit Card,' then 'More Services,' and finally 'Credit card PIN' to generate and confirm your PIN.
  • Customer Care: Contact the credit card customer care. After providing necessary details and verifying with an OTP sent to your registered mobile number, you can generate your PIN.
  • Mobile Banking App: Register on the Axis Bank mobile app and use the option for credit card PIN generation.
  • ATM: Visit your nearest Axis Bank ATM and select the option to generate a credit card PIN from the main menu.