Axis Bank CASHBACK Credit Card
Simple, transparent, and direct cashback on every spend.
Annual Fee
₹500
Base Rewards
1.5%
Forex Fee
3.5%
Expert Verdict
The Axis Bank CASHBACK Credit Card is a robust entry-level product that simplifies savings. Its 1.5% flat cashback rate outperforms many mid-tier cards for general spending, while the utility bill benefits add specific value for household expenses.
Quick Match
Is this card right for you?
Great match for your profile!
Your Estimated Value
Year 1
+₹9,000
Includes ₹500 bonus
Year 2+
+₹8,500
Fee waiver eligible!
Why get this card
Industry-leading 1.5% flat cashback on nearly all offline and online spends without any monthly cap.
High 5% cashback on utility bill payments and mobile recharges through the Axis Bank mobile app.
Significant 7% cashback on various partner brands via the Grab Deals platform.
Complimentary domestic lounge access provided once every quarter.
+1 more benefits
- Annual fee waiver on a relatively low spend threshold of 2 Lakhs.
Watch out for
The 5% and 7% accelerated cashback categories have tight monthly caps (INR 100 and INR 1000 respectively).
Cashback is not applicable on rent, insurance, fuel, and gold purchases.
A spend requirement of INR 50,000 in the previous quarter is necessary to unlock lounge access.
+1 more considerations
- No international lounge access or travel-specific benefits.
Who is this card for?
Best for
beginners
Users looking for a simple credit card that provides direct cashback instead of complex reward points.
utility spenders
Individuals who spend significantly on monthly mobile recharges and electricity/water bills via the bank app.
Skip if you're
high end travelers
The card lacks international lounge access and foreign currency markup benefits.
luxury shoppers
Those seeking lifestyle benefits like golf, concierge, or premium dining memberships.
Base Earning
150 Cashback
per ₹10000 spent
1.5%
effective rate
Point value: ₹1.00/point
Bonus Categories
Axis Mobile App - UTILITIES
3.33×
5% return
100 pts/month
Grab Deals - SHOPPING
4.67×
7% return
1000 pts/month
Welcome Offer
The joining fee is often offset by a statement credit of INR 500 on the first transaction (promotional/check individual offer).
₹500
value
Spend ₹1,000 within 30 days
Milestones
Spend ₹2.0L
Annual fee of INR 500 waived off for the next year upon spending 2 Lakhs in the current anniversary year.
No rewards on:
Fuel, rent payments, utility bills, government payments, wallet loads, insurance premiums, EMI transactions
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Visa
Upgrade Path
Move up or down within this bank