Axis Bank was began its operations in 1994 as UTI Bank. The bank was promoted in 1993 jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India), Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd.
Axis Bank launched its credit cards in 2006. Though the growth in their credit card business has been slow, Axis Bank is the fourth largest issuer of credit cards in India based of volume of credit cards. As on May 2017, 11.24% of credit cards in India were from Axis Bank.
There are as many as 19 credit cards available with Axis Bank. While some of them are specially for their ‘Burgundy customers’, two credit cards are for Indian defence personnel only.
Axis Bank MY Business Credit Card is a business credit card that will help you manage and control all your official travels and everyday expenses effectively. You can earn 4 reward points for every Rs. 200 spent along with facilities like airport lounge access, fuel surcharge waiver and conversion of purchases to EMI.
Axis Bank Central Travel Account Card is purchase card for the organisations and companies, which provides the ability to control and monitor travel related expenses. It provides customized MIS reports, which helps corporate to take better business decisions. This is a virtual card and also provides the insurance benefits to the cardholders.
Axis Bank Corporate Card is a good card for all types of corporate entities. One important thing to note is that the card is being offered only with Corporate liability. No new cards are being issued with Individual liability. All existing individual liability cards will incur the same charges and have the same features as before. The card provides corporate features such as online MIS reporting, spend analysis, and a powerful expense management system. The card lets you earn up to 2 reward points for every Rs. 200 spent. The card offers other benefits such as airport lounge access, insurance cover, discounts on travel bookings, fuel surcharge waiver, and much more.
Joining and Annual Fee: As agreed with the company Reward rate: 0.1% (domestic) – 0.2% (international)
Axis Bank Titanium Smart Traveler Credit Card is a basic card designed for travel purpose. This card can give you maximum benefit when used for travelling abroad, at hotels, holiday packages, airlines, train and bus bookings. You can get as much as 8 reward points for every Rs. 200 spent. Also, you get benefits like fuel surcharge waiver, converting your purchases into EMI with this card.
Annual Fee: Rs. 100 (2nd-year onwards)
Reward Rate: 0.2%-0.8%
Axis Bank Titanium Smart Traveler
Fuel Surcharge Waiver
Annual fees can be waived
Low Annual Fees
High Interest Rate
Annual Fees: Rs. 100
Finance Charges: 3.25% per month
Earn up to 8 reward points for every Rs. 200
Fuel surcharge waiver for the transaction betwwn Rs. 400 and Rs. 4000, maximum of Rs. 400 per billing cycle
Transactions of Rs. 2,500 or more can be converted into Flexipay within 60 days of purchase
Axis Bank Privilege Credit Card with unlimited travel benefits is a good travel credit card for those who don’t have a travel credit card. You can earn up to 10 reward points for every Rs. 200 spent domestically as well as internationally. Along with this, you get travel insurance, airport lounge access, dining offers and fuel surcharge waiver.
Annual Fee: Rs. 1500
Reward rate: 1%
Axis Bank Privilege
Good reward program
Airport lounge access
Fuel surcharge waiver
No international airport lounge access
Annual Fee: Rs. 1500
Yatra gift voucher worth Rs. 5000 upon swiping the card three times within sixty days of card issuance
10 reward points for every Rs. 200 spent
1% fuel surcharge waiver on all fuel transactions (between Rs. 400 and Rs. 4000) in India across all fuel stations
Two complimentary airport lounge access to select Mastercard lounges in India
Minimum 15% discount at all Axis Bank partner restaurants
Interest rate: 2.95% per month (41.75% per annum)
Get Yatra.com vouchers worth Rs. 5000 upon spending Rs. 2.5 lacs in a year with the card
Axis Bank Vistara credit card is the most basic Vistara co-branded card from Axis Bank. Other Vistara cards, Axis Bank Vistara Signature and Vistara Infinite, are definitely better than it. In fact, Axis Bank Vistara credit card does not seem worth its price.
Axis Bank Vistara
Domestic airport lounge access
Earn good CV points on Vistara
Overpriced annual fee
Unimpressive milestone bonus
Low potential to earn miles
Annual Fee: Rs. 1500
Finance Charges: 2.95% p.m
Welcome gift of a one-way base fare waived economy class air ticket upon sign up and payment of joining fees
2 CV points per Rs. 200, 8 CV points per Rs.100 for tickets booked on Air Vistara or SIA
When you spend Rs.50,000 in a year, you get 1000 bonus CV points
2 complimentary access to airport lounges in India per quarter
Minimum 15% off at bank’s partner restaurants in India
Axis Bank Platinum Credit Card is a basic card for first-time users. It has a very low annual fee of Rs. 200 which makes it a perfect card for students and young professionals. You earn 6 reward points for every Rs. 200 spent domestically and earn 25% cash back on movie ticket purchases.
Axis Bank Pride Signature Credit Card is a basic card designed especially for defence personnel who serves in Army, Navy and Air force. This card will give you maximum benefit when used for dining. You can earn up to 8 reward points for every Rs. 200 spent. Also, you get benefits like fuel surcharge waiver, zero liability on lost card.
Annual Fee: Rs. 500 (2nd-year onwards)
Reward Rate: 0.8%
Axis Bank Pride Signature
Low interest rate
Annual fees can be waived on spends of Rs. 40000
No liability on lost card
No welcome gift
No cash back
Exclusively for Indian Defense Personnel
Annual Fee: Rs. 500
Earn up to 8 reward points for every Rs. 200 spent
Finance Charges: 2.95% per month
Minimum 20% discount at across 4000 Axis Bank partner restaurants across multiple cities with Axis Bank Dining Delights
Fuel surcharge waiver for all the transactions between Rs. 400 and Rs. 4000
Axis Bank Select Credit card is a premium credit card specially designed for Axis Bank Burgundy customers. The card charges no annual fee and provides a welcome bonus 5000 Axis eDGE reward points worth Rs.1000 within. Besides, the card also provides complimentary access to airport lounges, golf courses, and free movie tickets. You can get a decent number of benefits with this card including insurance cover, annual benefits, and dining offers.
Axis Bank My Wings Credit Card is a decent travel credit card from Axis Bank. It is a basic travel credit card which offers decent rewards and travel benefits. This can be your first travel credit card. This card offers a good cash back program where you get cash back for all your travel bookings.