Axis Bank Freecharge Plus Credit Card- Features & Apply Online

The Axis Bank Freecharge Plus Credit Card is a highly functional credit card launched by Axis Bank with the assistance of Freecharge that will be helpful for those people who often use digital payments and shop in India. This axis credit card is integrated perfectly with the Freecharge app, where users get a virtual card on the approval of the card. This card is rather specific as it has the highest cashback rates, and they can reach up to 5% cashback provided that the payment is made using Freecharge.

There is no joining fee and a rather reasonable annual renewal fee coupled with such extra facilities as the 1% fuel surcharge exemption and special discounts for eating out. The Axis Bank Freecharge Plus Credit Card is designed for those people who want to save on their daily purchases and is a virtual credit card as well.

Axis Bank Freecharge Plus Credit Card: Features and Benefits

1. Dining Benefits
   • 20% Discount on Dining: Cardholders can enjoy a 20% discount, up to Rs. 500, on dining at partner restaurants as part of Axis Bank’s Dining Delights program. This makes it an attractive option for those who dine out regularly.
2. Spend-Based Waiver on Renewal Fee
   • Annual Fee Waiver: The renewal fee of Rs. 350 is waived if your annual spending exceeds Rs. 50,000. However, certain transactions like rent and wallet reloads do not contribute to this waiver.
3. Quick and Easy Application Process
   • Virtual Credit Card: The Axis Bank Freecharge Plus Credit Card is available virtually, allowing you to get started with your card immediately upon approval via the Freecharge app. You can also opt for a physical card if needed.

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

Earning Reward Points

• 5% Cashback on all transactions made through the Freecharge mobile app or website. This applies to purchases across categories such as shopping, utility bill payments, and more.
• 2% Cashback on local commute services like Ola and Uber. This cashback is applicable for transactions under select Merchant Category Codes (MCCs): 4121 (taxi services), 4131 (commuter transportation), 4111 (local transportation), and 7512 (car rentals).
• 1% Cashback on all other retail purchases. This applies to everyday expenses such as groceries, dining, and other retail transactions.

Cashback Exclusions:

• No cashback is earned on transactions below Rs. 100.
• Categories such as fuel purchases, wallet reloads, cash withdrawals, EMI purchases, gift cards, jewelry, and rent payments are excluded from cashback benefits.

How to Redeem Edge Reward Points:

1. Login to the Axis Bank Rewards Portal: Visit the official Axis Bank rewards platform either via the Axis Bank website or mobile app.
2. Browse the Rewards Catalogue: The platform offers a wide range of redemption options, including products, gift vouchers, travel bookings, and more.
3. Select Your Preferred Redemption Option: You can redeem your Edge Reward Points for products, vouchers, or services based on the available catalog.
4. Complete the Redemption: Once you choose your preferred option, you can use your accumulated Edge Reward Points to complete the transaction. The value for redemption is 1 reward point = Re. 0.20.

Axis Bank Freecharge Plus Credit Card Fees and Charges

1. Finance Charges (Interest Rate): Up to 3.6% per month or 42.96% annually.
2. Cash Withdrawal Charges: 2.5% of the transaction amount or Rs. 500 (whichever is higher).
3. Cash Advance Limit: You can withdraw cash up to 40% of your total credit limit, but cash withdrawal fees and interest apply from the day of withdrawal.
4. Late Payment Fee
   • Nil for total due up to Rs. 500
   • Rs. 500 for the total due between Rs. 501 and Rs. 5,000
   • Rs. 750 for total due between Rs. 5,001 and Rs. 10,000
   • Rs. 1,200 for the total due above Rs. 10,000
5. Overlimit Fee: 2.5% of the over-limit amount (minimum Rs. 500)
6. Foreign Currency Markup Fee: 3.5% of the transaction amount.
7. Card Replacement Fee: Rs. 100: Charged for replacing a lost, stolen, or damaged card.
8. EMI Conversion Fee: 1.5% of the transaction amount or Rs. 500 (whichever is higher)
9. Fuel Surcharge Waiver: You get a 1% waiver on fuel surcharges at all fuel stations in India for transactions between Rs. 400 and Rs. 4,000.

Axis Bank Freecharge Plus Credit Card: Product Details

1. The card comes with zero joining charges, making it a cost-effective option for first-time users.
2. Earn 5% cashback on all transactions made through the Freecharge app or website, ideal for frequent Freecharge users.
3. Get 2% cashback on services like Ola and Uber, applicable under specific Merchant Category Codes (MCCs).
4. Enjoy a 1% waiver on fuel surcharges at fuel stations across India, applicable for transactions between Rs. 400 and Rs. 4,000.
5. Avail of a 20% discount, up to Rs. 500, at partner restaurants through the Axis Bank Dining Delights program.
6. Get a virtual card instantly upon approval through the Freecharge app, with the option to order a physical card.
7. No cashback is earned on fuel purchases, wallet reloads, EMI payments, gift cards, rent payments, and transactions below Rs. 100.

Axis Bank Freecharge Plus Credit Card: Eligibility Criteria

1. Age: The primary cardholder must be at least 21 years old. The maximum age limit may vary based on Axis Bank’s internal policies, typically up to 65 years.
2. Income: Applicants should have a stable source of income. This can include salaried employees, self-employed professionals, or business owners with verifiable income proof.
3. Residential Status: The applicant must be an Indian resident or a non-resident Indian (NRI) with relevant documentation.

Documents Required for Axis Bank Freecharge Plus Credit Card

1. Identity Proof:
   • Aadhaar Card
   • PAN Card
   • Passport
   • Driving License
2. Address Proof:
   • Aadhaar Card
   • Voter ID
   • Utility Bills (Electricity/Water)
   • Rent Agreement
3. Income Proof:
   • Latest salary slips (for salaried individuals)
   • Recent bank statements
   • Income Tax Returns (ITR) for self-employed applicants

How to Apply for an Axis Bank Freecharge Plus Credit Card?

1. Download the Freecharge App: Install from the Google Play Store or Apple App Store.
2. Login/Sign Up: Use your registered mobile number.
3. Go to the Credit Cards Section: Select “Credit Card” from the menu.
4. Enter Details: Provide your PAN and personal information.
5. Submit Application: Review and submit your application.
6. Get Virtual Card: Receive an instant virtual card upon approval.
7. Request Physical Card: Optional request for a physical card, delivered to your address.

FAQs