Axis Bank Cashback Credit Card
Fees
1st Year Fee: ₹1,000* Plus Applicable Taxes
Joining & AnnualReward Rate
Tier-based monthly cashback structure: 2% cashback on monthly online spends up to ₹5,000; 5% cashback on monthly online spends between ₹5,001 to ₹40,000; 7% cashback on monthly online spends above ₹40,000 (Online cashback capped at ₹4,000 per month). 0.75% unlimited cashback on offline & travel spends; 0.5% cashback on utility spends (capped at ₹100 per month).
Welcome Bonus
5,000 EDGE reward points worth ₹1,000 on the first spend within 30 days of card issuance
Lounge Access
No Lounge Access
FindMyCard Expert Take
Axis Bank Cashback Card uses a tiered structure that rewards higher spenders more: 2% up to ₹5,000 in monthly online spend, climbing to 7% above ₹40,000. It's a strong card if your online spending is genuinely high volume; below that, the 0.75% flat rate on offline and travel spending is more modest.
Pros & Cons
Key Advantages
- Up to 7% cashback on monthly online spends above ₹40,000
- Welcome bonus offsets the first-year fee
- 25% discount on dining bills via EazyDiner
- Unlimited 0.75% cashback on offline and travel spends
Limitations
- Overall monthly online cashback collection pool is strictly capped at a maximum of ₹4,000
- Utility bill payments carry a heavily restricted monthly cashback limit of just ₹100
- Requires high online expenditure volume tracking to optimally hit and unlock the upper 7% multiplier target
Editorial Verdict
The Axis Bank Cashback Credit Card is ideally suited for online shoppers seeking milestone tier-based cashback yields over multiple digital brands. If you want tier-based monthly cashback structure: 2% cashback on monthly online spends up to ₹5,000; 5% cashback on monthly online spends between ₹5,001 to ₹40,000; 7% cashback on monthly online spends above ₹40,000 (online cashback capped at ₹4,000 per month). 0.75% unlimited cashback on offline & travel spends; 0.5% cashback on utility spends (capped at ₹100 per month)., this card delivers real value. The 1st year fee: ₹1,000* plus applicable taxes is easily offset by the card's perks if you use it regularly. You'll generally need Good (700+) credit to be approved.
Key Perks & Spending Milestones
2% cashback generated on net monthly online expenditures up to ₹5,000 (Maximum benefit of ₹100 per month)
5% cashback generated on net monthly online expenditures ranging between ₹5,001 and ₹40,000 (Maximum benefit of ₹1,750 per month)
7% cashback generated on net monthly online expenditures crossing past the ₹40,000 threshold (Maximum benefit of ₹2,150 per month)
Online category cashback accumulations combined cannot exceed a strict cap of ₹4,000 per monthly cycle
Unlimited 0.75% cashback universally applied across all standard offline retail transactions and travel spends
0.5% cashback on routine utility bills and monthly payment lines (capped strictly at a maximum of ₹100 per month)
5,000 EDGE reward points disbursed upon completing your first transaction within the first 30 days of card issuance (resolving to a net asset value of ₹1,000 at 1 EDGE point = ₹0.20)
Flat 25% discount up to ₹800 savings per month on gourmet dining outlays booked via EazyDiner (valid on a minimum bill value of ₹2,500)
🚀 Milestone Spends Timeline
Hit ₹4,00,000 in cumulative retail spends during the previous card anniversary year to smoothly trigger a 100% waiver/reversal of the ₹1,000 annual maintenance fee
Fees & Charging Rates
Annual Fee Waivers
1st Year Fee: ₹1,000* Plus Applicable Taxes
💡 Annual fee waived on spends of ₹4 Lakh in the previous anniversary year
Regular Interest Charges
3.75% per month (55.55% per annum)
📅 Late Payment Fee Penalty Tiers
| Outstanding Balance Amount | Late Payment Fee Penalty |
|---|---|
| 5001 to 10000 | ₹750 |
Insurance & Protection Benefits
Eligibility Criteria
salaried minimum income
₹25,000 per month
age
18 to 70 years
Compare Axis Bank Cashback Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| Axis Bank Cashback Credit Card This Card | 1st Year Fee: ₹1,000* Plus Applicable Taxes | Tier-based monthly cashback structure: 2% cashback on monthly... | No Lounge Access | 3.5/5 |
| Cashback SBI Credit Card | ₹999 + Taxes | 5% cashback on online spends; 1% cashback on offline spends | No Lounge Access | 4.7/5 |
| KIWI UPI RuPay Credit Card | Free | Up to 5% cashback on UPI spends via Kiwi Neon program (1.5% base... | Domestic (Neon Spend Milestones) | 4.7/5 |
| Axis Bank ACE Credit Card | ₹499 + Taxes | 5% cashback on Google Pay utilities; 4% on Swiggy, Zomato & Ola;... | 4 Domestic/yr | 4.6/5 |