Axis Bank Freecharge Credit Card- Benefits & Lounge Access

Axis Bank Freecharge Credit Card introduced by Axis Bank is an innovative product that targets users who want to make easy and rewarding transactions for most of their expenses. Launched to improve the Freecharge digital payment experience this card has cashback and reward points from which the users of Freecharge can benefit.

This Axis Bank Freecharge Credit Card has been welcomed to the market with a lot of commendation because of the appealing offer and charges. Also included are bonus EDGE Reward Points that cardholders earn depending on their spending habits on the card and can be used on the Axis EDGE Rewards website. From fuel surcharge exclusions, discounts on diverse services, and the possibility of an annual fee exclusion, this axis credit card is unique in the way it provides value addition for customers with their spending needs in mind.

Axis Bank Freecharge Credit Card Features and Benefits

1. Milestone Benefits

• Spends below Rs. 1,999: No bonus points
• Spends between Rs. 2,000 and Rs. 4,999: 100 EDGE Reward Points
• Spends Rs. 5,000 and above 350 EDGE Reward Points

2. Annual Fee Waiver:

• The renewal fee of Rs. 350 is waived if you spend Rs. 50,000 or more in the previous year.

3. Special Offers:

• Rs. 100 credit every month on the Fresh Menu and Shuttle services.
• 10% off on Myntra purchases.
• 50% off on an Eros Now annual subscription.

4. Fuel Surcharge Waiver:

• 1% fuel surcharge waived for transactions between Rs. 400 and Rs. 4,000.

How to Earn and Redeem Axis Bank Freecharge Credit Card Reward Points

Earning Reward Points:

• 1% cashback on all spends.
• 5% cashback on Freecharge app transactions.
• Earn bonus EDGE Reward Points based on monthly spending:
  • Rs. 2,000 to Rs. 4,999: 100 points
  • Rs. 5,000 and above: 350 points

Redeeming Reward Points:

• Redeem your earned EDGE Reward Points via the Axis Bank EDGE Rewards website or the mobile banking app.
• Choose from 500+ options available on the Axis EDGE Rewards portal.
• Conversion rate: 1 EDGE Reward Point = Rs. 0.20 for redemption.

Axis Bank Freecharge Credit Card Fees and Charges

1. Renewal Fee:

• Rs. 350 + GST but waived if annual spending exceeds Rs. 50,000.

2. Interest Rate:

• 3.4% per month on outstanding dues.

3. Foreign Currency Markup Fee:

• 3.5% of the total transaction amount on international transactions.

4. Cash Advance Charges:

• 3.5% of the withdrawn amount or Rs. 250 (whichever is higher).

5. Fuel Surcharge Waiver:

• 1% waiver on fuel transactions between Rs. 400 and Rs. 4,000.

6. Rewards Redemption Fee:

• No fee for redeeming EDGE Reward Points.

Axis Bank Freecharge Credit Card – Product Details

1. The joining fee is Rs. 350 + GST, with an annual renewal fee of Rs. 250, waived on spending Rs. 50,000 annually.
2. Earn 1% cashback on all spends and 5% on Freecharge app transactions.
3. Earn up to 350 bonus EDGE Reward Points per month based on total monthly spending.
4. 1 EDGE Reward Point equals Rs. 0.20, redeemable via the Axis Bank EDGE Rewards portal.
5. 1% surcharge waived on fuel transactions between Rs. 400 and Rs. 4,000.
6. Rs. 100 credit every month on Fresh Menu and Shuttle, 50% off on Eros Now subscription, and 10% discount on Myntra.
7. Instant access to a virtual credit card via the Freecharge app for secure online transactions.

Axis Bank Freecharge Credit Card Eligibility Criteria

1. Age:

• The applicant must be at least 21 years old.
• The maximum age for eligibility is 65 years.

2. Residency:

• The applicant must be a resident of India.

3. Income:

• The applicant should have a stable source of income, such as a salaried job or self-employment.
• Salary slips, bank statements, or income tax returns (ITR) may be required to verify income.

4. Credit History:

• The applicant must have a good credit score and a decent credit history. A good track record with previous loans or credit cards improves approval chances.

Documents Required for Axis Bank Freecharge Credit Card

1. Identity Proof:
   • PAN Card
   • Passport
   • Driving License
   • Aadhaar Card
2. Address Proof:
   • Aadhaar Card
   • Utility Bill (Electricity, Water, or Gas)
   • Rental Agreement
   • Bank Statement
3. Proof of Income:
   • Latest Salary Slips (for salaried individuals)
   • Bank Statements for the last 3 to 6 months
   • Income Tax Returns (ITR) (for self-employed individuals)
   • Form 16 (if applicable)

How to Activate Axis Bank Freecharge Credit Card

1. Receive Your Card:

Upon approval, you will receive your Axis Bank Freecharge Credit Card either as a virtual card through the Freecharge app or as a physical card, depending on your preference.

2. Access the Freecharge App:

• For Virtual Cards: Open the Freecharge app where your virtual card details will be available immediately upon approval.
• For Physical Cards: Once you receive the physical card, log in to the Freecharge app or Axis Bank’s mobile banking app.

3. Activation Process:

• Via the Freecharge App: Go to the ‘Credit Cards’ section. You may see an option to activate the card directly. Follow the on-screen instructions to complete the activation process.
• Via Axis Bank’s Mobile Banking App: Select the ‘Credit Card’ option, choose ‘Activate Card’, and enter the required details. You might need to verify your identity via OTP or other methods.

4. Set Your PIN:

If required, you may need to set or change your PIN for the physical card. This can typically be done through Axis Bank’s mobile banking app or by visiting an ATM.

5. Confirmation:

Once activation is successful, you will receive a confirmation notification. Your card will be ready for use both online and in-store.

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