Axis Rewards Credit Card Review

Shopping card with lounge access

The Axis Rewards has a ₹1,000 annual fee + GST, waived on ₹2,00,000 annual spend. It earns 0.32% back on regular spends and up to 3.2% on Shopping, with 8 domestic airport lounge visits a year. Best for: moderate online shoppers hitting monthly milestones — our verdict: consider.

Vyaya Team · Jun 2026

5 min read

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Value Score

8.0 / 10

Annual Fee

₹1,000

Best For

Online shopper, Mid-tier spender

Network

Visa

Expert Verdict

A shopping-tilted mid card whose appeal is the 10x earn on shopping and the Rs.30,000 monthly milestone, though the 1,000-point cap keeps the accelerated upside small. Best for moderate online shoppers who can waive the Rs.1,000 fee at Rs.2 lakh annual spend.

AXIS BANKVisa

Axis Rewards

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REWARD SUMMARY

0.32% Base Rewards
Shopping card with lounge access

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The Bottom Line

The Axis Rewards is built for online shopper and mid-tier spender. With a ₹1,000 annual fee that is waived on ₹2,00,000 yearly spend, it offers 3.2% rewards on shopping and 5,000 bonus points. It makes the most sense if your spending matches online shopper and mid-tier spender.

It earns a base reward rate of 0.32% and stacks best when your spending lines up with Online shopper, Mid-tier spender. The renewal fee gets easier to justify once you can hit ₹2,00,000 in yearly spend.

What we like

+Accelerated 10x earn of 20 EDGE Reward Points per Rs.125 on shopping (vs 2 base), capped at 1,000 points a month.

+Monthly milestone of 1,500 EDGE Reward Points on Rs.30,000 spend, worth Rs.300 at 0.2/point or up to Rs.540 at the best 0.36/point value.

+Annual fee of Rs.1,000 waived on spends of Rs.2,00,000 in the year.

+8 complimentary domestic lounge visits a year for the cardholder.

What we don't

–Modest base earn of 2 points per Rs.125 at 0.2/point, roughly 0.32% on non-accelerated spends.

–The 10x shopping bonus is capped at just 1,000 points (about Rs.6,250 of spend) per month, limiting the upside.

–High 3.5% foreign currency markup and no international lounge access.

–No rewards on fuel, utilities, insurance, rent, gold/jewellery, government or wallet loads; rent also carries a 1% fee capped at Rs.1,500.

Who Should Get This Card

Use this as a quick filter before comparing rewards or fees in detail.

Best fit for

Ideal

Online shopper

Users who can max the 10x shopping cap each month and hit the Rs.30,000 monthly milestone for 1,500 bonus points.

Mid-tier spender

Those spending Rs.2 lakh+ a year to waive the Rs.1,000 fee while enjoying 8 domestic lounge visits.

Probably not for

Skip

–

High-volume shopper

The 1,000-point monthly cap on the 10x rate quickly limits returns for anyone with large shopping bills.

–

International traveller

A 3.5% forex markup and no international lounge make it unsuitable for overseas spending.

Is It Worth It For You?

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Reward Rates

Axis Rewards offers 0.32% basic reward rate.

Quick Calculator

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Where

Amount

₹

Shopping

3.2%

Welcome Offer

5,000 EDGE REWARD Points

Milestone Benefits

Spend ₹30,000

1500 EDGE REWARD points on spends of Rs. 30,000 or more in a statement cycle.

Spend ₹2,00,000

Annual fee waiver on spends of Rs. 2,00,000 in the preceding card anniversary year.

Fees & Charges

Joining fee₹1,000

Annual fee₹1,000

Fee waiverSpend > ₹2,00,000

Eligibility

Min Income: ₹1.8 Lakhs
Min Credit Score: 750
Age 18-70, Indian resident; min monthly income ₹15,000; CIBIL 750+; annual fee waived on ₹2L spend.

Exclusions & Terms

Forex markup

Foreign currency markup

EMI

No EDGE REWARDS earned.

Dynamic Currency Conversion (DCC)

A 1% fee is charged for international transactions performed in Indian currency.

Frequently Asked Questions

8 data-backed answers from our card database

What is the annual fee of the Axis Rewards credit card?+

The Axis Rewards has a ₹1,000 annual fee + GST, waived on ₹2,00,000 annual spend.

What rewards does the Axis Rewards credit card give?+

It earns 2 EDGE REWARD Points per ₹125 spent (about 0.32% back), and up to 3.2% on Shopping.

Does the Axis Rewards credit card offer airport lounge access?+

Yes — 8 domestic airport lounge visits a year. Check the card's terms for any spend condition before your trip.

What is the eligibility for the Axis Rewards credit card?+

Minimum annual income of about ₹1.8 lakh and a credit score of 750+. Age 18-70, Indian resident; min monthly income ₹15,000; CIBIL 750+; annual fee waived on ₹2L spend.

What is the forex markup on the Axis Rewards?+

3.5% + GST on international transactions.

What is the welcome benefit on the Axis Rewards?+

5,000 bonus points.

How can I get the Axis Rewards annual fee waived?+

Spend ₹2,00,000 or more in a card year and the ₹1,000 renewal fee is waived.

Is the Axis Rewards credit card worth it?+

Ready to apply?

₹1,000 annual fee. Apply on the Axis Bank website.

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