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Axis Bank

Axis Bank Reserve Credit Card

4.7

Premium

Joining fee: ₹50,000
Annual fee: ₹50,000
Welcome bonus: ₹3,000
Forex markup: 1.5%
Interest p.a.: 42.58%
Min income: ₹3,00,000/mo

How this card earns

Reward rates by category, with caps and an estimated yearly value.

Spend category	Reward rate	Monthly cap	Est. value/yr
Everything else International spends earn 2X = 30 EDGE points per ₹200 (1 EDGE point ≈ ₹0.20, so ~3% value-back). Domestic spends earn 15 pts/₹200 = ~1.5% (the base rate). No points on utilities, wallet, fuel, insurance, jewellery, government or rent. No firm published monthly cap from official sources.	3%	—	₹3,600
All other spends	1.5%	—	₹1,800

Estimated yearly value assumes ₹10,000/month spend in each category, capped where the card caps rewards.

Fees & charges

Joining fee₹50,000

Annual fee₹50,000

Annual fee waiverAnnual fee waived on eligible spends of ₹35,00,000 in the preceding card anniversary year (rent, wallet, utilities, government, EMI, cash, insurance, gold and fuel excluded)

Foreign currency markup1.5%

Finance charge (p.a.)42.58%

Fuel surcharge waiver1%, up to ₹400/mo

Key benefits

Unlimited domestic and international lounge access (Priority Pass), 12 guest visits/year
Low 1.5% foreign currency markup for a super-premium card
~3% value-back on international spends (2X EDGE points)
Zero cash withdrawal fee
50 complimentary golf rounds per year
Luxury hotel memberships (ITC Culinaire / Club Marriott / Accorplus), EazyDiner Prime, airport transfers
High insurance covers and concierge services

What we like

+Unlimited domestic and international lounge access with no spend gate, plus 12 guest visits each
+Very low 1.5% forex markup with ~3% rewards on international spends
+Zero cash withdrawal fee
+Strong lifestyle bundle: 50 golf rounds/year, luxury hotel memberships, airport transfers, high insurance covers

What to watch

−Very high ₹50,000 joining + ₹50,000 annual fee with a steep ₹35 lakh waiver threshold
−Modest ~1.5% base reward rate for the fee level
−Many categories (rent, utilities, fuel, insurance, gold, wallet, government) excluded from both rewards and fee-waiver spend
−No milestone/spend-bonus program
−Invitation-only — not openly applicable