Axis Bank Cashback Credit Card launched! 7% on online spends**

[doomlord]

The Axis Bank Cashback Credit Card offers a variety of rewards and benefits, designed to maximize your savings on everyday expenses.

Key Features:

- Fees: Joining fee of ₹1,000 + GST and an annual fee of ₹1,000 + GST (waived if annual spends exceed ₹4 lakhs).
- Welcome Benefit: 5,000 EDGE Reward Points (worth ₹1,000) on the first transaction within 30 days of card issuance.
- Cashback Structure:
- 0.75% on offline transactions and travel spends.
- 2% on online spends up to ₹5,000.
- 5% on online spends between ₹5,001 and ₹40,000.
- 7% on online spends above ₹40,000.
- Total monthly cashback capped at ₹4,000.
- 0.5% on utility transactions, capped at ₹100 per statement.
- Additional Benefits: 25% instant discount up to ₹800 per month on dining through EazyDiner with a minimum transaction of ₹2,500.

Exclusions and Limitations:
- No cashback on rent payments, wallet loads, fuel, insurance, government institutions, education, and specific merchant category codes (MCCs).
- No fuel surcharge waiver.
- Cashback adjustments for transaction reversals and EMI conversions.
- No cashback during the block period of the card.


Image is for illustration purposes only.

 

[fageriaji]

Practically 7% cashback is not possible on this card as offline spend gives only 0.5% and online spend me bhi check points laga rakhe hai...

 

[card_007]

Som one will get 7% only on spends above 40,000 and not on all spends once milestone is crossed? I got this via Citi conversion.

 

[aryanmahajan2506]

Not able to find this card on the bank's official website. Can anyone tell why? or share the link.

 

[panchabhut]

Not able to find this card on the bank's official website. Can anyone tell why? or share the link.

not yet open for all

 

[msankadi]

Will be exciting to see what gymnastics and hurdles axis puts in this card... 100 mccs banned, 39 sites banned, only cashback on auspicious dates, etc etc.

They will come up with multiple breakthrough policies and tech to restrict this. Truly would help great strides in capabilities for the Indian banking industry

Those who even believed for 1 minute that this might be semi true... You have still not finished your Know Axis course... Please finish it soon otherwise baad mein pachtana padega

 

[borg]

Axis has lost my trust, no new cards for me and existing cards only to be used for instant discount offers

 

[CyberPsych]

2% upto ₹5000
Total monthly cashback ₹4000

Is the ₹5000 here spends?

 

[sousnake]

2% upto ₹5000
Total monthly cashback ₹4000

Is the ₹5000 here spends?

How to Apply for this card?
Does it show while applying via mobile app.

 

[CyberPsych]

How to Apply for this card?
Does it show while applying via mobile app.

I don't know too.

 

[realjayt]

it’s not available for the masses yet. Maybe in the last quarter we can try our luck

 

[panchabhut]

How to Apply for this card?
Does it show while applying via mobile app.

This is only offered as replacement for Citibank Cashback card. Not yet open for subscription.