Axis Bank Reserve 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
No fuel benefits.
High annual fees.
Low cashback rate.
Welcome Benefits: Users will get 15000 reward points on card activation.
Reward Points: Users will get 15 reward points for every INR 200 spent. The value of each point is INR 0.20. Cashback rate: 1.5%. 2X rewards on international spends. International cashback rate: 2%.
Travel Benefits: Users can avail 8 free VIP Assistance Services which provide easy access to airport processes like check-in, security check, immigration processes and porter services.
Users can also avail up to 4 free chauffeured luxury airport pick-ups/drops every year.
Users will enjoy unlimited complimentary lounge access at domestic and international airports.
Users will get Club ITC Culinaire membership, Accorplus membership, Handcrafted Club Marriott Asia Pacific membership.
Users will get 50 complimentary golf rounds every year.
Users will get a complimentary EasyDiner Prime membership.
Users can buy 1 movie ticket and get up to Rs. 500 off on the second ticket (5 times a month).
Rewards & Benifits
Welcome Benefits
Users will get 15000 reward points on card activation.
Rewards System
Users will get 15 reward points for every INR 200 spent. The value of each point is INR 0.20. Cashback rate: 1.5%. 2X rewards on international spends. International cashback rate: 2%.
International Forex Markup
1.5%
Welcome Benefits and Reward System
Special Features
Complimentary Club ITC Culinary Membership - which entails complimetary third night stay, 50% off on room tariff for suites, 25% green points on food and beverage spends.
Eligibility Criteria
Be a resident of India.
Have a minimum annual income of INR 6 lakh.
Have a good credit history.
Benefits
Welcome benefits.
Dining benefits.
Travel benefits.
Movie benefits.
Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
Here are the steps on how to apply for the Axis Bank Reserve Credit Card:
Go to the Axis Bank website and click on the "Apply for Credit Card" tab.
Select the Axis Bank Reserve Credit Card and click on the "Apply Now" button.
Enter your personal and contact information.
Upload your scanned copies of your PAN card, Aadhaar card, and latest salary slip.
Provide your income and spending details.
Submit your application and wait for approval.
You can also apply for the Axis Bank Reserve Credit Card through the Axis Bank Mobile App or by visiting an Axis Bank branch.
Contact Details
1868 419 5555 & 1860 500 5555
Account Opening and Procedure
Recommended Credit Cards
Pros:-
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Cons:-
Welcome Benefits: Users will get 15000 reward points on card activation.
Reward Points: Users will get 15 reward points for every INR 200 spent. The value of each point is INR 0.20. Cashback rate: 1.5%. 2X rewards on international spends. International cashback rate: 2%.
Travel Benefits: Users can avail 8 free VIP Assistance Services which provide easy access to airport processes like check-in, security check, immigration processes and porter services.
Users can also avail up to 4 free chauffeured luxury airport pick-ups/drops every year.
Users will enjoy unlimited complimentary lounge access at domestic and international airports.
Users will get Club ITC Culinaire membership, Accorplus membership, Handcrafted Club Marriott Asia Pacific membership.
Users will get 50 complimentary golf rounds every year.
Users will get a complimentary EasyDiner Prime membership.
Users can buy 1 movie ticket and get up to Rs. 500 off on the second ticket (5 times a month).
No fuel benefits.
High annual fees.
Low cashback rate.
Axis Bank Reserve Credit Card is a great credit for individuals who are looking for a premium credit card. It is loaded with value add features.
Axis Bank Reserve 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: 50,000
Annual fee - 50,000. Annual fee waived off on annual spends greater than Rs. 25,00,000/-
Cash Withdrawal Fees: INR 0
Late payment fee: charged depending on the customer’s Total amount due; ranges from Rs. 0 - 1200
Interest Rate: 3.0% per month (42.58% per annum).
Forex mark up: 1.5%.
Fuel surcharge: 1%, waiver of 1% for transactions between INR 400 to INR 4000 (Capped at INR 400 per month).
Fuel Surcharge
1%, waiver of 1% for transactions between INR 400 to INR 4000 (Capped at INR 400 per month).
Billing Cycle
30 Days.