Axis Bank
Axis Bank Reserve Credit Card
4.7 / 5visa
- Joining fee
- ₹50,000
- Annual fee
- ₹50,000
- Base reward
- 1.5%
- Min income
- ₹3,00,000/mo
- Forex markup
- 1.5%
- Interest p.a.
- 42.58%
Where it earns
| Category | Rate | Monthly cap |
|---|---|---|
| Everything else | 3% | Uncapped |
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
The good
- + 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
The catch
- − 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