Axis Bank Select Credit Card: Benefits, Features & Apply Online

Axis Bank Select Credit Card is a premium offering designed for individuals seeking convenience, and comprehensive rewards. Known for its benefits and features, this Axis Bank credit card is a top choice among consumers. The Axis Bank Select Credit Card stands out with its reward points program, where cardholders earn points on every purchase, which can be redeemed across a wide range of options, including travel, shopping, and dining.

One of the key highlights of this card is its exclusive lounge access, offering complimentary visits to domestic and international airport lounges, making travel a more comfortable experience. Additionally, the card provides attractive offers on movie tickets, dining, and wellness, enhancing the overall lifestyle of its users.

When it comes to fees, the Axis Bank Select Credit Card has a moderate annual fee, which is often offset by the benefits and rewards that come with it. Cardholders also enjoy a waiver on the annual fee upon achieving a specified annual spending threshold. 

Moreover, the card offers robust security features, including EMV chip technology and zero lost card liability, ensuring peace of mind for its users. Overall, the Axis Bank Select Credit Card is an excellent choice for those who value premium services, exclusive perks, and a rewarding experience.

Axis Bank Select Credit Card – Fees and Charges

Description	Fee/Charge
Joining Fee	Rs. 3,000 (No fee for Burgundy customers)
Annual Fee	Rs. 3,000 (No fee for Burgundy customers)
Supplementary Card Joining Fee	None
Supplementary Card Annual Fee	None
Finance Charges	3.6% per month (41.75% per annum) on cash and retail purchases
Cash Withdrawal Fee	2.5% of the withdrawn amount (Minimum Rs. 250)
Fee for Cash Payments	Rs. 100
Card Replacement Fee	No charge for lost or stolen card replacement
Duplicate Statement Issuance Fee	No charge
Late Payment Fee	➡ Nil for outstanding amounts up to Rs. 300 ➡ Rs. 500 for Rs. 301 to Rs. 5,000 ➡ Rs. 750 for Rs. 5,001 to Rs. 10,000 ➡ Rs. 1,200 for amounts exceeding Rs. 10,000
Over Limit Penalty	3% of the over-limit amount (Minimum Rs. 500)
Charge Slip Retrieval Fee	Waived
Outstation Cheque Fee	Waived
Dishonour Fee	Rs. 300 for check return due to insufficient funds
Railway Ticket Purchase/Cancellation Charges	As per Indian Railways/IRCTC guidelines
Fuel Transaction Surcharge	1% of the transaction amount (Refunded for transactions between Rs. 400 and Rs. 4,000)
Foreign Currency Transaction Fee	3.50% of the transaction value
Mobile Transaction Alerts	Provided free of cost
Hot Listing Charges	Free of cost
Balance Enquiry Charges	Free of cost
Welcome Benefits	Receive 10,000 EDGE REWARD POINTS on your first transaction of Rs. 2,000 or more
Spend-Based Waiver	Renewal fee waived on spending Rs. 8 lakh in a year
Rewards Redemption Fee	Nil
Foreign Currency Markup	3.5% of the transaction amount
Interest Rates	3.6% per month (52.86% annually)
Fuel Surcharge	1% fuel surcharge waived off for transactions between Rs. 400 & Rs. 4,000 at all filling stations across India
Cash Advance Charges	2.5% of the amount withdrawn, with a minimum of Rs. 500

Rewards and Benefits Of Axis Bank Select Credit Card

The Axis Bank Select Credit Card is tailored to enhance your dining and movie experiences with exclusive benefits and substantial rewards.

#1. Flat Rs. 200 Off on Swiggy Orders

Enjoy a flat discount of Rs. 200 on Swiggy orders when using the Axis Bank Select Credit Card, making dining at home or ordering in more affordable and convenient.

#2. Rewards Rate: Earn rewards effortlessly with every spend:

• Receive 20 EDGE Points for every Rs. 200 spent, applicable for cumulative spends up to Rs. 20,000 per month.
• Earn 10 EDGE Points for every Rs. 200 spent beyond the monthly spend limit of Rs. 20,000. These EDGE Points accumulate quickly, ensuring you earn rewards on all your transactions, whether it’s dining out, purchasing movie tickets, or everyday shopping.

#3. Reward Redemption: Redeem your accumulated EDGE Points easily through the EDGE Rewards portal:

• Use EDGE Points for travel vouchers, shopping vouchers, and a variety of products available in the rewards catalog.
• Each EDGE Point holds a value of Rs. 0.20 when redeemed, providing flexibility in how you choose to use your rewards.

#4. Travel Benefits:

While specific travel benefits are not detailed, the card offers extensive lounge access and insurance coverage, enhancing your travel experiences and providing peace of mind.

#5. Domestic Lounge Access:

Benefit from 8 complimentary domestic lounge visits annually, with a maximum of 2 visits per quarter, ensuring comfort and convenience during your travels within India.

#6. International Lounge Access:

Enjoy up to 12 complimentary international lounge visits each year through Priority Pass membership, making international travel more comfortable and enjoyable.

#7. Golf Benefits:

For golf enthusiasts, the card provides 6 complimentary golf rounds annually, with an opportunity to earn an additional 6 rounds upon spending Rs. 3 lakh annually on the card, adding value for those who enjoy hitting the greens.

#8. Insurance Benefits:

Gain peace of mind with comprehensive insurance coverage, including protection against lost or delayed baggage, purchase protection, and coverage for loss of travel documents, ensuring you’re covered in unexpected situations while traveling.

The Axis Bank Select Credit Card combines generous rewards with valuable benefits tailored for dining, movies, and travel, making it an ideal choice for those seeking both convenience and rewards in their credit card usage.

Reward Points on Axis Bank Rewards Credit Card

1. Spend Categories and Reward Points

• All Spending Except Fuel:
  Earn 2 EDGE Reward Points for every ₹125 spent.
• Apparel and Departmental Stores:
  Earn 10x Reward Points for every ₹125 spent.
• Welcome Bonus:
  Receive 5,000 EDGE Reward Points upon spending more than ₹1,000.

Reward Points Redemption

• Catalogue:
  Redeem for products and gift vouchers.
  Minimum 300 points required.
• Partner Miles/Points:
  Convert 10 Reward Points to 1 Partner Point.
  No minimum points required.
• Pay with Points via SMS:
  1 Reward Point equals 20 paise.
  Minimum 300 points required.
• Online Pay with Points Redemption:
  1 Reward Point equals 20 paise.
  Minimum 300 points required.

These features make the Axis Bank Rewards Credit Card a rewarding option for frequent shoppers, especially those who spend on apparel and at departmental stores. The card offers flexible redemption options, allowing you to maximize the value of your reward points.

Axis Bank Rewards Credit Card Eligibility

Sure, here’s the content in a table format:

Criteria	Requirements
Age	Applicants must be between 18 to 70 years old.
Residency	Applicants must be Indian residents.
Income	Applicants must have a stable source of income to be eligible for this credit card.

Documents Required for Axis Bank Select Credit Card

Proof of Identity:

• PAN Card
• Aadhaar Card
• Driver’s License
• Passport
• Voter’s ID
• Overseas Citizen of India Card
• Person of Indian Origin Card
• Any other government-approved photo ID proof

Proof of Address:

• Aadhaar Card
• Driver’s License
• Passport
• Utility Bill (not more than 3 months old)
• Ration Card
• Property Registration Document
• Person of Indian Origin Card
• Job Card issued by NREGA
• Bank Account Statement
• Any other government-approved address proof

Proof of Income:

• Latest one or two salary slips (not more than 3 months old)
• Latest Form 16
• Last 3 months’ bank statement

Ensure you have these documents handy when applying for the Axis Bank Rewards Credit Card to streamline the application process.

How to Apply for Axis Bank Select Credit Card

Here’s a step-by-step guide on how to apply for the Axis Bank Select Credit Card, both offline and online:

Offline Method:

1. Visit Axis Bank Branch:
   • Head to your nearest Axis Bank branch and request an application form for the Select Credit Card.
2. Fill the Application Form:
   • Complete the application form with accurate personal details, including your name, contact information, employment details, and income information.
3. Attach Documents:
   • Gather and attach necessary documents such as proof of identity (PAN Card, Aadhaar Card, etc.), proof of address (Utility Bill, Passport, etc.), and proof of income (Salary slips, IT returns, etc.).
4. Submit at Branch:
   • Submit the filled application form along with the attached documents at the Axis Bank branch. Ensure all details are correct and complete.
5. Alternative Application Methods:
   • Contact Axis Bank’s phone banking service at 1-860-419-5555 or dial 1-860-500-5555 (with the STD code of your area) to connect with a credit card customer care executive. They can guide you through the application process and assist with any queries.

Online Method:

1. Visit Axis Bank Website: Go to the official Axis Bank website at www.axisbank.com.
2. Navigate to Credit Cards Section: Locate and select the Axis Bank Select Credit Card from the list of credit cards offered by Axis Bank.
3. Click on ‘Apply’: Click on the ‘Apply’ button next to the Axis Bank Select Credit Card to initiate the application process.
4. Fill Online Application Form: Follow the prompts to fill out the online application form. Input your personal details, contact information, employment details, and income details accurately.
5. Upload Documents: Upload scanned copies of necessary documents such as proof of identity, proof of address, and proof of income as per the instructions provided during the online application process.
6. Submit Application: Review all information entered, ensure accuracy, and submit the completed online application form.
7. Track Application Status: After submission, you can track the status of your application online or contact Axis Bank customer support for updates.

By following these steps, you can easily apply for the Axis Bank Select Credit Card either through an Axis Bank branch or conveniently online via their official website.

Pros and Cons OF Axis Bank Select Credit Card

Pros

• Unlimited Reward Points: Earn EDGE Reward points on all your spending without any limits, ensuring that every purchase adds to your rewards balance. Whether you’re shopping, dining, or traveling, you’ll keep accumulating points without worrying about reaching a cap.
• Free Lounge Access: Enjoy complimentary access to airport lounges, providing a comfortable and relaxing environment before your flights. This perk enhances your travel experience by offering amenities such as free Wi-Fi, refreshments, and comfortable seating.
• Complimentary Insurance: Benefit from free insurance coverage, which adds an extra layer of security and peace of mind. This includes travel insurance, purchase protection, and fraud liability coverage, ensuring that you are protected in various scenarios.
• Easy Rewards Redemption: Redeem your reward points effortlessly through a straightforward process. You can use your points for a variety of options including shopping, travel bookings, and gift vouchers, making it simple to enjoy the benefits of your rewards.

Cons

• Spending Requirement for Welcome Benefit: The welcome benefit, which includes bonus reward points, is only available after you spend ₹1,000. This means new cardholders need to make an initial spend to access this perk, which may not be ideal for everyone.
• No Entertainment Benefits: This card does not offer any perks related to entertainment such as discounts or special offers on movie tickets, concerts, or events. Those looking for entertainment-related benefits may need to consider other cards.
• No International Lounge Access: While the card offers access to domestic airport lounges, it does not extend this benefit to international lounges. Frequent international travelers might miss out on this valuable perk.
• No Golf Benefits: There are no golf-related benefits included with this card. Golf enthusiasts who seek privileges like complimentary golf games or discounted memberships will not find these benefits here.

Overall, the Axis Bank SELECT Credit Card is a strong contender for those who prioritize earning unlimited reward points and enjoying lounge access and insurance coverage. However, if entertainment perks, international lounge access, or golf benefits are essential to you, you may need to explore other options.

Why You Should Get This Card

As online shopping becomes increasingly popular, many leading card providers in India have tailored their products to offer better value-back for online purchases. However, the Axis Bank SELECT Credit Card stands out for those who still enjoy the experience of shopping in-store, offering double the rewards on retail shopping. This accelerated rewards program isn’t limited to specific categories, allowing cardholders to earn significant rewards across all offline transactions.

In addition to its rewarding structure, the Axis SELECT Credit Card offers 6 complimentary international lounge visits, with an additional 6 visits available upon reaching annual spends of Rs. 3 lakh. This benefit is particularly appealing given the card’s annual fee, making it a valuable choice for frequent travelers. The card further enhances its appeal by providing discounts on popular platforms like Swiggy and BigBasket, catering to common everyday spending needs.

However, the card’s redemption value could be improved, both in terms of catalogue redemption and air mile conversion. While it’s easy to accumulate substantial reward points, the value back from these rewards could be more favorable. Additionally, although the card offers up to 12 international lounge visits annually, a lower forex markup fee would increase its value for travelers.

You Should Consider Getting This Card If:

• You prefer offline shopping or already have a credit card optimized for online spending.
• You frequently travel within India and internationally, and would benefit from complimentary lounge visits.
• You regularly spend on Swiggy and BigBasket, as discounts on these platforms can lead to significant savings.
• You can easily spend Rs. 8 lakh in a year to qualify for the annual fee waiver.

Feature Updates of Axis Bank Select Credit Card

Your Axis Bank Select Credit Card is set to offer even more exclusive benefits on your favorite brands. Here’s what’s new:

New Features:

• BookMyShow: Buy one ticket and get up to Rs. 300 off on the second ticket through the BookMyShow mobile app or website, once a month.
• Spa Visits: Enjoy one complimentary spa visit plus 40% off on subsequent visits.
• Swiggy: Get 40% off up to Rs. 200 on the Swiggy mobile app or website (valid twice a month, minimum transaction Rs. 400).
• BigBasket: Avail 20% off up to Rs. 500 per month on a minimum purchase of Rs. 2000 on the BigBasket mobile app or website.
• Annual Fee Waiver: Complete waiver of the annual fee on spends of Rs. 6 lakhs in the card anniversary year (applicable for non-Burgundy cardholders).

Existing Suite of Benefits:

• Airport Lounge Access: Up to 12 complimentary international lounge visits with Priority Pass and 2 domestic lounge visits per quarter.
• Golf Rounds: Up to 9 complimentary golf rounds annually.

These enhancements make the Axis Bank Select Credit Card even more attractive by adding valuable new features to its already impressive suite of benefits. Enjoy the perks of your card as you shop, dine, and travel.

Cards Similar to Axis Bank SELECT Credit Card

Here are some credit cards similar to the Axis Bank SELECT Credit Card, each offering unique features and benefits:

Axis Bank Magnus Credit Card

• Annual Fee: Rs. 10,000
• Comparative Feature: Includes 1 free domestic flight ticket and 8 complimentary International Priority Pass lounge visits annually, catering to frequent travelers seeking luxury and convenience.

HDFC Regalia Credit Card

• Annual Fee: Rs. 2,500
• Comparative Feature: Earn 4 reward points for every Rs. 150 spent, with the benefit of 12 complimentary lounge visits, making it ideal for those who value both rewards and travel perks.

SBI Prime Credit Card

• Annual Fee: Rs. 2,999
• Comparative Feature: Offers 20X reward points on select spends and complimentary lounge access, appealing to individuals who frequently spend on specific categories and enjoy airport lounge privileges.

YES First Preferred Credit Card

• Annual Fee: Nil (First Year)
• Comparative Feature: Features a 1.75% Foreign Currency Conversion Fee and Priority Pass Membership, making it advantageous for international travelers looking to save on foreign transactions and enjoy lounge access.

SBI Elite Credit Card

• Annual Fee: Rs. 4,999
• Comparative Feature: Provides free domestic and international lounge visits, coupled with a Forex Mark-up fee of 1.99%, catering to high-spending individuals who prioritize luxury travel benefits.

Each of these cards offers distinct advantages tailored to different spending habits and travel preferences, ensuring there’s an option suitable for various financial needs and lifestyle preferences.

Conclusion

The Axis Bank SELECT Credit Card is a premium choice offering a range of benefits tailored for frequent travelers and shoppers. With perks like complimentary lounge access, attractive rewards on retail spending, and exclusive discounts on dining and entertainment, it stands out as a versatile card for those who value luxury and convenience.

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