Credit Card Compare

REWARDS Credit Card

Data last updated 23 October 2026
45.00%
Purchase rate
₹0
Annual fee
5,000
Bonus points
Application

CardIQ

74Strong

Strong

Overall score, out of 100 · How this works

  • Airport lounge80
  • Lifetime free60
  • Rewards86
  • Sign-up bonus67
  • Travel80

Customer reviews

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Pros & cons

What's good

  • 5,000 bonus points to start, worth around ₹5,000 at our ₹1-per-point valuation.
  • No annual fee.
  • Complimentary airport lounge access (8 visits a year).
  • No fee to add an additional cardholder.

Worth noting

  • The annual fee increases from ₹0 to ₹1,000 in the second year.
  • The 20-point rate on apparel & Departmental Stores (up to ₹7,000 per statement month) applies only to the first ₹7,000 spent each month, then drops to a lower rate.
  • Up to 50 interest-free days on purchases (below the 50-day median).

Card details

The basics

Additional cardholder fee
₹0 p.a.
Card tier
Not published
Card type
American Express
Card use
Personal
Credit limit
Not published
Credit rating
Not published
Rewards program
Axis Bank EDGE Miles

Eligibility

Instant approval
Not published
Joint application
Not published
Minimum age
18 years old
Minimum income
Not specified
Residency
Applicant should be a Resident of India
Temporary residents
Not published

Rates & fees

Ongoing interest rates

Cash advances
Undisclosed
Purchases
45.00% p.a.

Fees

Additional cardholder fee
₹0
Annual fee
No annual fee
Annual fee (year 2+)
₹1,000 p.a.
Cash advance fee
2.5% of the amount
Foreign transaction fee
3.5%
Late payment fee
₹1,300

Repayments

Interest-free period
Up to 50 days on purchases
Minimum repayment
MAD is computed as the sum of all instalments, all Fees, interest / finance charges, taxes, the amount utilized over the credit limit (if any) and 2% of remaining balance outstanding, subject to a minimum of INR 100.

Balance transfers

This card has no promotional balance transfer offer. To move existing debt to a lower rate, compare balance transfer cards.

Introductory purchase offer

This card has no introductory purchase rate offer. If you're carrying a balance or planning a big spend, compare 0% purchase cards.

Rewards

Earn rate

Everyday spend
None
Bonus categories
None
Other purchases
None
Overseas spend
None
Reduced rate above monthly cap
None
Points cap
Uncapped
Points expiry
EDGE REWARD Points are valid for 3 years from the earning date and will expire if not redeemed.

Sign-up bonus

Bonus spend required
Spend ₹1,000 or above within 30 days of card issuance to receive 5,000 EDGE REWARD Points welcome benefit.
Sign-up bonus
5,000 points

Where this card sits vs similar cards

Compared with every other personal credit card we list that has the feature. The further right the dot, the better this card does.

Purchase rate45.00%Top 10% (4th of 49 cards)
Interest-free days50 daysTop 10% (3rd of 24 cards)
Sign-up bonus₹5,000Top 25% (4th of 22 cards)
Overseas fee3.50%Better than most (14th of 49 cards)
Annual fee₹1,000 a yearMiddle of the market (30th of 49 cards)

Data as at October 2026. Rates change often, so check the issuer's terms. Factual information, not a recommendation.

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Questions and answers

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Sources

Credit Card Compare
How CardIQ scores cards
Issuer
Axis Bank