.webp)
Axis Bank Miles And More World Credit Card
Card Details
Joining Fee:
Renewal Fee:
Card Type:
Reward Type:
Welcome Benefits:
Rewards & Benefits
Welcome Benefits
On spending INR 2,000 or more in the first sixty days, the user can get 2,000 reward points.
Milestone Benefits
annual fee reversal on spending inr 1,00,000 on the card.
Cashback Rate
cashback rate: 1. cashback rate: 1. cashback rate: 0.
Lounge Access
0
Movie Benefits
8
Dining Benefits
Other Benefits
reward system: users will get 10 points for spending of every inr 150 on dining, movies, departmental stores and grocery spending. value of 1 point = inr 0. 25. effective 6%. 1 reward points on all other spend per inr 150. effective general 25%. 1 reward point of inr 100 on all other spends. effective general 16%.
Fees & Charges
Joining Fee
On spending INR 2,000 or more in the first sixty days, the user can get 2,000 reward points.
Annual Fee
annual fee reversal on spending inr 1,00,000 on the card.
Cash Advance Fee
cashback rate: 1. cashback rate: 1. cashback rate: 0.
Interest rate
0
Late Payment Fee
8
Foreign Currency Transactions Fee
Other Fees
reward system: users will get 10 points for spending of every inr 150 on dining, movies, departmental stores and grocery spending. value of 1 point = inr 0. 25. effective 6%. 1 reward points on all other spend per inr 150. effective general 25%. 1 reward point of inr 100 on all other spends. effective general 16%.
Cons
Miles cannot be converted into cash directly.
No free movie tickets.
Limited non-travel benefits.
Welcome Benefit: Users will get 5,000 bonus miles on card activation. Free Priority Pass membership.
Reward System: Users will get 2 miles on spending INR 100 on all spends excluding EMI, wallet recharge, cash withdrawal, etc. These miles can't be converted into cash directly but can be used to book flights with partner airline companies. Value of 1 mile will depend on the flight being booked by you. You can also use miles for booking hotels, rent cars, and shopping at select partner stores.
Renewal Benefit: Users will get 3,000 miles on renewal every year.
Milestone Benefit: Users will get bonus 24,000 miles on spend of INR 1,00,000 every month.
Users will get 2 free international lounge visits every year.
Users will get 4 free domestic lounge visits every year.
These miles never expire.
Users will get up to 40% off on select restaurants.
Rewards & Benifits
Welcome Benefits
Welcome Benefit: Users will get 15,000 bonus miles on card activation. Priority pass membership.
Rewards System
Reward System: Users will get 2 miles on spending INR 100 on all spends excluding EMI, wallet recharge, cash withdrawal, etc. These miles can't be converted into cash directly but can be used to book flights with partner airline companies. Value of 1 mile will depend on the flight being booked by you. You can also use miles for booking hotels, rent cars, and shopping at select partner stores.
International Forex Markup
3.5%.
Welcome Benefits and Reward System
Special Features
Users will get 5,000 bonus miles on card activation. Free Priority Pass membership.
Eligibility Criteria
Primary cardholder between the age of 18 and 70 years.
The individual should be a Resident of India.
Benefits
Airport lounge benefits.
Miles as cashback.
Renewal benefits.
Milestone benefits.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
You can apply for the Axis Bank Miles And More World Card online or at any Axis Bank branch. Here are the steps involved in applying for the card online:
Go to the Axis Bank website and click on the "Credit Cards" tab.
Click on the "Miles And More World Card" link.
Enter your personal details, such as your name, address, and contact information.
Enter your income and employment details.
Upload a scanned copy of your PAN card and photograph.
Click on the "Submit" button.
An Axis Bank representative will contact you to verify your details and complete the application process.
Here are the documents required for applying for the LIC Axis Bank PlatinumCredit Card:
PAN card
Passport size photograph
Latest salary slip/Form 16/IT return copy
Proof of residence (any one of the following):
Electricity bill
Water bill
Telephone bill
Ration card
Voter ID card
Contact Details
1868 419 5555 & 1860 500 5555
Account Opening and Procedure
Recommended Credit Cards
Pros:-
Change the text to include your own content. Adjust the font, size or scale to customize the style.
Cons:-
Welcome Benefit: Users will get 5,000 bonus miles on card activation. Free Priority Pass membership.
Reward System: Users will get 2 miles on spending INR 100 on all spends excluding EMI, wallet recharge, cash withdrawal, etc. These miles can't be converted into cash directly but can be used to book flights with partner airline companies. Value of 1 mile will depend on the flight being booked by you. You can also use miles for booking hotels, rent cars, and shopping at select partner stores.
Renewal Benefit: Users will get 3,000 miles on renewal every year.
Milestone Benefit: Users will get bonus 24,000 miles on spend of INR 1,00,000 every month.
Users will get 2 free international lounge visits every year.
Users will get 4 free domestic lounge visits every year.
These miles never expire.
Users will get up to 40% off on select restaurants.
Miles cannot be converted into cash directly.
No free movie tickets.
Limited non-travel benefits.
The card is a decent travel card. It has limited non-trace value-added add benefits. The biggest con is that the reward miles cannot be converted into cash directly.
Axis Bank Miles And More World Credit Card
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Fees & Charges
Joining Fee: INR 3,500 + GST.
Annual Fee -From 2nd year: INR 3,500 + GST.
Late Payment Fee: Rs. 0 - 1200.
Cash Withdrawal Fee: 2.5% of the amount taken out as cash.
Interest Rate: 3.40% per month (49.96% per annum).
Reward Redemption Fee: INR 100
Forex Markup: 3.5%.
Fuel Surcharge: 1%, however it is waived for transactions between Rs.400 to Rs.4000 (Capped at INR 400 per month).
Fuel Surcharge
1%, however it is waived for transactions between Rs.400 to Rs.4000 (Capped at INR 400 per month).
Billing Cycle
30 Days.