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Axis Rewards Credit Card: Fees, Rewards & Benefits

Shopping card with lounge access

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?

Slide to your typical monthly card spend. We'll do the rest.

Calculate Your Value

Adjust your typical monthly spend by category.

Dining
05,000Max ₹50k
Est. Returns
Travel
010,000Max ₹1L
Est. Returns
Online & Shopping
08,000Max ₹80k
Est. Returns
Groceries
06,000Max ₹40k
Est. Returns
Annual rewards0
Annual fee-₹1,000
Net Value (Year 1)-1,000
Net Value (Year 2+)-1,000
Progress to fee waiver0%

Spend ₹2,00,000 more to waive annual fee

Sign in for personalized estimates based on your actual spending

Reward Rates

Axis Rewards offers 0.32% basic reward rate.

Quick Calculator

Estimate earnings for a specific purchase

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

3 data-backed answers from our card database

What is the annual fee of the Axis Rewards?+

The Axis Rewards has an annual fee of ₹1,000, waived on annual spends of ₹200,000.

What rewards does the Axis Rewards offer?+

It earns EDGE REWARD Points, with accelerated earning on Shopping.

Does the Axis Rewards offer airport lounge access?+

Yes, it includes complimentary airport lounge access. See the benefits section for visit limits.

Ready to apply?

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

Apply on Axis Bank

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