Fibe Axis Bank Credit Card – Benefits, Fees & Eligibility

Introduction

The Fibe Axis Bank Credit Card, issued by Axis Bank, is a lifetime free RuPay network credit card positioned as an entry to mid-range offering. It provides up to 3% cashback on daily spends, seamless UPI integration, and complimentary domestic airport lounge access, making it a convenient option for everyday transactions and travel perks.

Fees & Charges Breakdown

• Joining Fee: Nil
• Annual Fee: Nil
• 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
• Mobile Alerts for Transactions: Free
• Balance Enquiry Charges: Waived
• Finance Charges (Retail purchases and Cash): 3.75% per month (55.55% per annum)
• Cash Withdrawal Fee: 2.5% of the cash amount (Minimum ₹500)
• Overdue Penalty or Late Payment Fees:
  • Nil if total payment due is up to ₹500
  • ₹500 if total payment due is between ₹501 - ₹5000
  • ₹750 if total payment due is between ₹5,001 - ₹10,000
  • ₹1200 if total payment due is ₹10,001 and above
  • An additional charge of ₹100 will be applicable if the Minimum Amount Due (MAD) is not paid by the Payment Due Date (PDD) for two consecutive billing periods.
• 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
• Foreign Currency Transaction Fee: 3.5% of the transaction value
• Fuel Transaction Fee: 1% fee will be applicable on cumulative spends of ₹50,000/- or more on fuel transactions per statement cycle.
• Rent Transaction Fee: 1% fee per transaction on rental transactions.
• Utility Transaction Fee: 1% fee will be applicable on cumulative spends of ₹25,000/- or more on utility transactions per statement cycle.
• Education Transaction Fee: 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 load transactions 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.
• Dynamic Currency Conversion Markup: 1.5% + taxes 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.

Rewards & Cashback Structure

• Earning Rate:
  • 3% cashback on food delivery, entertainment, and local commute.
  • 1% cashback on all other spends.
• Redemption: Cashback is directly applied.

Travel, Lounge & Lifestyle Perks

• Airport Lounge Access: Enjoy 4 complimentary domestic lounge visits to select airport lounges per calendar year.
• Dining Delights: Access to exceptional dining experiences at top restaurants across India with the Axis Bank Dining Delights Program.
• Wednesday Delight Offers:
  • Instant savings of up to 15% on flights & hotels via MakeMyTrip.
  • 10% off on orders via Swiggy.
  • 10% off up to ₹1000 on Tira.

Card Eligibility Criteria & Income Requirements

• Minimum Age: Primary Cardholder should be 18-70 years of age.
• Residency: The individual should either be a Resident of India or a Non-Resident Indian.
• Special Condition: Fibe Axis Bank Credit Card is sourced only to existing Fibe customers.
• Required Documents:
  • PAN Card photocopy or Form 97.
  • 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 may vary on a case-to-case basis.

Important Product Details

• Positive Highlights:
  • Lifetime free credit card with zero joining and annual fees.
  • Up to 3% cashback on specific categories (food delivery, entertainment, local commute) and 1% on all other spends.
  • Seamless UPI linking capability for quick and easy transactions.
  • Complimentary domestic airport lounge access (4 visits per year).
  • Exclusive dining offers and mid-week deals on travel, food, and shopping.
• UPI Linking Capability: The card can be linked with UPI applications (e.g., BHIM, Paytm) for scan & pay features and bill payments.
• Card Network: RuPay.

Other Details

• Fuel Surcharge Waiver Rules: A 1% fuel surcharge waiver is applicable for fuel spends between ₹400 and ₹5000. The maximum waiver is capped at ₹400 per month.
• Fuel Surcharge Specifics: On certain fuel transactions, the fuel surcharge may be levied as ₹10 + GST instead of 1% + GST.
• UPI Linking Process: The card can be linked to UPI apps by verifying the mobile number, selecting the "Link RuPay Credit Card" option, choosing Axis Bank, and generating a UPI PIN. Transactions can then be made using the Scan & Pay feature. Credit card bills can also be paid via UPI using a specific UPI ID format (e.g., cc.91[your_mobile_number]@axisbank).
• Card Management: Card controls and settings can be managed via the Axis Mobile App after entering an activation code from the physical welcome letter.
• Terms & Conditions: The Terms & Conditions of the Fibe Credit Card will be updated w.e.f 28th August'26.