Fibe Axis Bank RuPay Credit Card – Benefits, Fees & Eligibility

Introduction

The Fibe Axis Bank RuPay Credit Card is a co-branded offering from Axis Bank in association with Fibe, positioned as India's first numberless credit card. This lifetime free card is particularly attractive for first-time credit card holders or those seeking a UPI-enabled credit card. Its top differentiating benefits include enhanced security due to its numberless design, direct cashback of up to 3% on select spends, and four complimentary domestic lounge accesses annually.

Fees

• Joining Fee: Nil
• Annual Fee: Nil
• Renewal Fee: Nil
• Rewards Redemption Fee: N/A (Direct Cashback)
• Foreign Currency Markup: 3.5% of the Transaction Amount
• Interest Rates: 3.6% Per Month (52.86% Yearly)
• Fuel Surcharge Waiver: 1% waiver on transactions between Rs. 400 and Rs. 5,000, with a maximum waiver of Rs. 400 per billing cycle.
• Cash Advance Charges: 2.5% of the Transaction Amount or a Minimum of Rs. 500
• Rental Payments: 1% chargeable on all rental payments and transactions, with a maximum cap of Rs. 1500.

Rewards

• Cashback on Spends:
  • Earn up to 3% cashback on entertainment, food delivery, and commute transactions.
  • Get 1% cashback on all other spends.
  • Cashback is not eligible for transactions of less than Rs. 100.
  • Maximum cashback amount is Rs. 1500 in a statement cycle.
  • Cashback is not applicable in the following categories: cash withdrawal, wallet reloads, fuel spends, purchase of gift cards, EMI transactions, rental payments, insurance payments, and government service payments.
• Movies & Dining:
  • Enjoy up to 3% cashback on entertainment spends.
  • Receive a 15% discount up to Rs. 500 on over 1000 restaurants with the Axis Bank Dining Delights Program.
• Travel:
  • Domestic Lounge Access: Enjoy 1 complimentary domestic lounge access every quarter, totaling 4 complimentary accesses per year.
  • Participating Airport Lounges:
    • Bangalore: BLR Domestic Lounge (Domestic T1), 080 Domestic Lounge (Domestic T2)
    • Chennai: Travel Club Lounge A (Domestic T1), Travel Club Lounge B (Domestic T1)
    • Mumbai: Travel Club Lounge (Domestic T1c), Adani Lounge (Domestic T2)
    • Kolkata: Travel Club Lounge (Domestic T1)
    • Hyderabad: Encalm Lounge (Domestic T1)
    • New Delhi: Encalm Lounge (Domestic T1), New Delhi Domestic T2 Lounge (Domestic T2), Encalm Lounge (Domestic T3)
• UPI Enabled: Easily make UPI payments by linking the card to your preferred UPI applications.
• Numberless Card: The physical card features only a chip without any details such as Expiry and CVV, offering an added layer of security. Card details can be viewed securely on the Fibe app.

Rewards Redemption Guide

• Rewards are provided as direct cashback.

Card Eligibility Criteria

• Applicants should be between the ages of 18 and 70 years.
• Applicant must be a resident of India.
• The card is only available to Fibe customers.
• Documents Needed:
  • PAN Card
  • Address Proof (e.g., Aadhaar Card, Passport, Driving License)
  • Latest Salary Slips or Form 16
  • Passport Size Photographs

Card Review

The Fibe Axis Bank RuPay Credit Card is a compelling lifetime free offering, making it an excellent choice for individuals starting their credit journey or those seeking a convenient UPI-enabled credit card. Its innovative numberless design provides an exceptional layer of security against fraud. Cardholders can enjoy up to 3% cashback on entertainment, food delivery, and commute, along with 1% cashback on other eligible spends. The inclusion of 4 complimentary domestic lounge accesses annually further enhances its value, especially for frequent travelers.

Pros

• Seamless UPI transactions are possible by linking the card to UPI applications.
• Enjoy 3% cashback on entertainment, commute, and food delivery.
• It is a lifetime free credit card with zero joining, annual, or renewal fees.
• Offers 4 complimentary domestic lounge accesses per year.
• The numberless design provides enhanced security.
• Provides a 15% discount on dining via the Axis Bank Dining Delights Program.

Cons

• No welcome benefits are provided with this card.
• The card offers introductory cashback on a few categories, which might be perceived as limited by some users.

Important Product Details

• This is a lifetime free credit card with no annual or recurring renewal charges.
• It is the first numberless credit card in India, offering an added layer of security as no card number, expiry, or CVV is displayed on the physical card.
• The card is UPI enabled, allowing for easy scan-and-pay transactions.
• Earn up to 3% direct cashback on entertainment, commute, and food delivery transactions, and 1% cashback on all other eligible spends.
• Enjoy 4 complimentary domestic lounge accesses per year (one per quarter).
• Benefit from a 15% discount on dining through the Axis Bank Dining Delights Program.
• A 1% fuel surcharge waiver is available on transactions between Rs. 400 and Rs. 5,000, capped at Rs. 400 per billing cycle.

Other Details

• How to Apply:
  • Download the Fibe app.
  • Log in to the app to apply for the card.
  • Get the credit card as per eligibility.
  • Alternatively, you can apply by clicking the "Apply Now" button on relevant platforms.
• The Fibe Axis Bank Credit Card is a co-branded credit card resulting from a collaboration between Fibe and Axis Bank.
• Your card details are securely accessible on the Fibe app and will not be stored with Fibe.