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Axis Bank Rewards Credit Card VS Standard Chartered Rewards Credit Card

A detailed, side-by-side look at 2 leading credit cards. Analyze the features that matter most to you and make an informed choice.
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Last updated: 17 July 2026

Both Axis Bank Rewards Credit Card and Standard Chartered Rewards Credit Card suit shopping-focused spenders, but they earn and cost differently. Axis Bank Rewards Credit Card costs ₹1,000 + GST and earns 2 EDGE Reward Points on every ₹125 spent; 10X (20 points) on departmental & apparel stores. Standard Chartered Rewards Credit Card is lifetime-free and earns 4 RP/INR 150 on retail spends. Additional 4 RP/INR 150 on monthly spends > INR 20,000. Axis Bank Rewards Credit Card also brings 2 complimentary domestic lounge accesses per quarter, on spending ₹50,000 in previous quarter, while Standard Chartered Rewards Credit Card counters with 1 complimentary domestic airport lounge visit per calendar quarter, totaling 4 visits per year. If dining spending matters more, go with Axis Bank Rewards Credit Card; if travel is the priority, Standard Chartered Rewards Credit Card fits better.

Axis Bank Rewards Credit Card
Axis Bank Rewards Credit Card
Standard Chartered Rewards Credit Card
Standard Chartered Rewards Credit Card

Fees & Charges

Joining Fee₹1,000 + GST
Joining FeeFree (1st year)
Renewal Fee₹1,000 + GST
Renewal Fee₹1,000 + GST
Spend Based WaiverRenewal fee waived on spending ₹2 Lakhs or more in the card anniversary year.
Spend Based WaiverAnnual fee reversed if spends of INR 1,50,000 or more are made in the previous year.
Foreign Transaction Fees3.5% of the Transaction Value
Foreign Transaction Fees3.5% of the transaction amount.
Interest Rate (APR)3.75% Per Month or 55.55% Per Annum
Interest Rate (APR)3.75% per month.

Rewards & Benefits

Welcome BonusGet 5,000 EDGE Reward Points on cumulative net spends of ₹1,000 or more within 30 days.
Welcome BonusNo specific welcome rewards, but the card is first-year free with no joining fee.
Rewards Rate2 EDGE Reward Points on every ₹125 spent; 10X (20 points) on departmental & apparel stores.
Rewards RateEarn 4 RP/INR 150 on retail spends. Additional 4 RP/INR 150 on monthly spends > INR 20,000.
Reward TypeReward Points
Reward TypeReward Points
Reward Redemption FeeNil
Reward Redemption FeeINR 99/- per redemption.

Travel & Lifestyle

Domestic Lounge Access2 complimentary domestic lounge accesses per quarter, on spending ₹50,000 in previous quarter.
Domestic Lounge Access1 complimentary domestic airport lounge visit per calendar quarter, totaling 4 visits per year.
International Lounge Access
International Lounge Access
Travel BenefitsInstant savings of up to 15% on flights & hotels via MakeMyTrip (Wednesday Delight).
Travel Benefits
Movie Benefits
Movie Benefits
Dining BenefitsExclusive 30% off on Swiggy orders (max ₹150, twice/month) & 15% off (max ₹500) at partner restaurants.
Dining Benefits
Golf Benefits
Golf Benefits
Fuel Surcharge Waiver1% waiver on fuel transactions (₹400-₹5,000), max benefit ₹400 per statement cycle.
Fuel Surcharge Waiver1% fuel surcharge waiver on fuel transactions (min ₹400, max ₹2000, capped at ₹400/month).

Security & Other

Insurance Benefits₹1 Lakh Purchase Protection, $300 for loss of travel documents/baggage delay, $500 for lost baggage.
Insurance Benefits
Cash Advance Charges2.5% of Amount Withdrawn or ₹500, whichever is higher.
Cash Advance Charges3% of the withdrawn amount, subject to a minimum of INR 300.
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Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

Axis Bank Rewards Credit Card

Standard Chartered Rewards Credit Card

Who is it for?

The Axis Bank Rewards Credit Card is a mid-range card ideal for shoppers and foodies, offering accelerated 10X EDGE Reward Points on departmental and apparel stores, along with significant discounts on Swiggy. It includes a valuable welcome benefit, complimentary domestic lounge access, and comprehensive insurance, making it a rewarding option for everyday spending. The card's annual fee is reasonable and can be waived based on annual spend, enhancing its overall value proposition for its target audience.

Who is it for?

The Standard Chartered Rewards Credit Card is an excellent entry-to-mid-range option for individuals who frequently make retail purchases. It offers an impressive 4X reward points on all retail spends, with an additional 4X bonus on monthly retail spends exceeding INR 20,000. Key benefits include a zero joining fee and complimentary domestic lounge access, making it an attractive choice for everyday spending and travel.

Pros

Key benefits and features.

Strong rewards program with accelerated points on shopping and dining.

Valuable welcome bonus of 5,000 EDGE points effectively offsets the joining fee.

Complimentary domestic lounge access enhances travel convenience for cardholders.

Renewal fee waiver on annual spend makes the card more cost-effective.

Comprehensive insurance benefits provide financial security and peace of mind.

Pros

Key benefits and features.

No joining fee makes the Standard Chartered Rewards Credit Card first-year free.

Earn high reward rates of 4X on retail spends, with an additional 4X bonus.

Enjoy 1 complimentary domestic lounge access per quarter, enhancing travel comfort.

Benefit from a 1% fuel surcharge waiver on transactions between INR 400-2000.

Annual fee waiver on achieving INR 1,50,000 annual spends or receive 4000 reward points.

Cons

Key drawbacks and limitations.

Accelerated reward points are capped monthly, limiting high spenders' benefits.

No international lounge access or golf benefits, unlike premium cards.

Reward points are not earned on essential categories like utilities and fuel.

Domestic lounge access is spend-based, requiring ₹50,000 spend quarterly.

High foreign currency markup of 3.5% makes international spends costly.

Cons

Key drawbacks and limitations.

The Standard Chartered Rewards Credit Card offers no specific welcome benefits.

Bonus reward points are capped at 2000 per statement cycle, limiting high earners.

A redemption fee of INR 99 is applicable for all reward point redemptions.

A high foreign currency markup of 3.5% is charged on international transactions.

A processing fee of 1% plus taxes is applicable on all rental payments.

How We Compare These Cards

Every comparison on CardsForYou is built from the same verified data set we use across the site - joining and renewal fees, reward rates, forex markup, lounge access, and insurance benefits - sourced directly from each issuer and refreshed regularly. We highlight the lower-cost option on fees automatically, but "best" always depends on your own spending pattern: a card that wins on annual fee may lose on reward rate for a heavy spender, and vice versa. Use the table above alongside your own typical monthly spend to judge real value, not just the headline numbers.

Ready to Choose?

Based on your comparison, select the credit card that best matches your spending habits and financial goals.
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