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

Introduction

The Fibe Axis Bank RuPay Credit Card is India's first numberless credit card, launched in partnership between Axis Bank and Fibe. This co-branded offering prioritizes enhanced security by not displaying sensitive card details like the card number, expiry date, or CVV on the physical card. It is a lifetime free credit card, making it particularly appealing for first-time credit card users or those seeking a cost-effective option. Powered by RuPay, the card facilitates hassle-free UPI payments, allowing users to link it to their preferred UPI applications for quick transactions. Cardholders can enjoy direct cashback benefits on various spends and receive complimentary domestic lounge access, enhancing both daily utility and travel experiences.

Fees

• Joining Fee: ₹0 (Nil)
• Annual Fee: ₹0 (Nil)
• Renewal Fee: ₹0 (Nil)
• Spend-Based Waiver: Not Applicable
• Rewards Redemption Fee: Not Applicable
• Foreign Currency Markup: 3.5% of the Transaction Amount
• Interest Rates: 3.6% Per Month (52.86% Yearly)
• Fuel Surcharge: 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000, with a maximum waiver of ₹400 per billing cycle.
• Cash Advance Charges: 2.5% of the Transaction Amount or a minimum of ₹500.
• Rental Payments: 1% chargeable on all rental payments and transactions, with a maximum cap of ₹1500.

Rewards

• Cashback on Spends:
  • Earn a flat 3% cashback on food delivery, entertainment, and local commute transactions.
  • Get a flat 1% cashback on all other online transactions (except for certain excluded categories).
  • Cashback is not eligible for transactions of less than ₹100.
  • The maximum cashback amount is ₹1500 per statement cycle.
  • Cashback is not applicable in categories such as cash withdrawal, wallet reloads, fuel spends, purchase of gift cards, EMI transactions, rental payments, insurance payments, and government service payments.
• UPI Payments: Enjoy the convenience of UPI payments by linking the RuPay powered credit card to your UPI applications.
• Domestic Lounge Access:
  • Receive up to 4 complimentary domestic lounge access each year (1 access per quarter).
  • 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)
• Entertainment & Movies: Get 3% cashback on entertainment spends.
• Dining: Receive a 15% discount up to ₹500 on over 1000 restaurants with the Axis Bank Dining Delights Program.
• Fuel Surcharge Waiver: A 1% fuel surcharge waiver is available on fuel spends between ₹400 and ₹5,000, with a maximum waiver of ₹400 per billing cycle.
• Brand Offers: Unlock exciting offers on purchases from your favorite brands.

Rewards Redemption Guide

• Rewards are offered as direct cashback on transactions.

Card Eligibility Criteria

• Age: Applicants should be between 18 and 70 years.
• Residency: Applicant must be a resident of India.
• Fibe Customer: The card is only available to Fibe customers.

Card Review

The Fibe Axis Bank RuPay Credit Card stands out as a lifetime free offering that provides substantial value, especially for those looking for a secure and convenient payment solution. Its status as India's first numberless credit card significantly enhances security by protecting sensitive information from physical exposure. The card offers a competitive cashback structure, with 3% on popular categories like food delivery, entertainment, and local commute, and 1% on other eligible spends, making it a good choice for everyday transactions. The inclusion of up to 4 complimentary domestic lounge accesses annually, coupled with zero joining and annual fees, makes this card a must-have for frequent travelers and those seeking premium benefits without recurring costs. Furthermore, its RuPay enablement allows seamless UPI transactions, eliminating the need to carry the physical card for many purchases. While it lacks welcome benefits and has specific cashback exclusions, its core features of security, cashback, and travel perks, combined with its lifetime free nature, present an exceptional value proposition.

Pros

• Lifetime free credit card with ₹0 joining, annual, and renewal fees.
• Enhanced security due to its numberless design (no card number, expiry, or CVV on the physical card).
• Seamless UPI transactions are enabled, allowing linking to preferred UPI apps.
• Earn 3% cashback on entertainment, food delivery, and local commute.
• Get 1% cashback on all other spends.
• Includes up to 4 complimentary domestic lounge accesses per year (1 per quarter).
• Offers a 1% fuel surcharge waiver.
• Provides 15% off on dining with the Axis Bank Dining Delights Program.

Cons

• No welcome benefits are provided with this card.
• Cashback is introductory and capped, and not applicable to all transaction categories.

Important Product Details

• India’s first numberless credit card, offering an extra layer of security.
• Issued in partnership with Axis Bank and Fibe.
• A lifetime free credit card with ₹0 joining, annual, and renewal fees.
• Provides a flat 3% cashback on food orders, local commute, and entertainment.
• Offers a flat 1% cashback on all other eligible spends.
• Allows for hassle-free UPI payments, simply scan and pay.
• Includes up to 4 free domestic lounge accesses each year (1 per quarter).
• Features a 1% fuel surcharge waiver on spends between ₹400 - ₹5,000 (up to ₹400 per billing cycle).
• Access exciting offers on purchases from various brands.
• Card details can be viewed easily and securely on the Fibe app.

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.
• Usage: You can use the card for online transactions, subscriptions, and POS (swipe & tap to pay) just like any other card. Card details can be accessed via the Fibe App.
• Required Documents for Application:
  • PAN Card
  • Address Proof (e.g., Aadhaar Card, Passport, or Driving License)
  • Latest Salary Slips or Form 16
  • Passport Size Photographs