The Axis Bank Select Credit Card caters primarily to frequent spenders seeking high-end benefits. Despite its modest INR 3000 annual fee, the card offers extensive perks spanning travel, retail, groceries, and meal deliveries, justifying its cost. Its robust reward structure ensures significant benefits for regular users, augmented by milestone rewards and a renewal fee waiver, enhancing its overall value.
Among the array of Axis Bank Credit Cards, including the Magnus, Vistara, Neo, and MyZone, the Axis Bank Select Card stands out for discussion in this article.
Key Features of the Axis Bank Select Credit Card
| Category | Rewards, Travel, and Shopping benefits. |
| Joining Fee | Joining Fees is INR 3000 |
| Reward | 20% off on Big Basket, Swiggy 40% off, Golf Privileges, Airport Lounge Access. |
Features and Benefits:
The Axis Bank Select Credit Card ranks among the top premium cards available, offering an array of privileges and discounts across dining, travel, insurance, and more. Notable features include:
- A welcome Amazon coupon worth INR 2000 upon the first transaction within 90 days.
- Accumulation of EDGE points on every transaction.
- Double EDGE points on retail purchases.
- A 20% discount, capped at INR 500, on Big Basket purchases over INR 2000.
- Bi-monthly 40% off discounts, up to INR 200, on Swiggy orders exceeding INR 400.
- Accumulation of EDGE points upon spending INR 3 lakhs in a year.
- Waiver of renewal fee upon spending INR 6 lakhs in a year.
- Six complimentary yearly golf rounds, with an additional three rounds upon spending INR 6 lakhs annually.
- Coverage up to INR 1 lakh for travel delays and lost check-in baggage.
- Priority lounge access up to six times annually for international lounges and quarterly for domestic lounges.
- Dining discounts of up to 20% through partnered establishments.
- INR 300 off on the second ticket purchased via Book My Show.
- Round-the-clock concierge services for tasks such as gift delivery and travel booking.
- Zero Liability Protection against fraudulent activities upon timely reporting of a lost card.
- Insurance coverage for lost cards, purchase protection, and loss of travel documents.
Axis Bank Select Credit Card Fees and Charges
| Joining Charges | INR 3,000 |
| Annual Charges | INR 3,000 |
| Interest Rate | 52.86% p.a. |
| Late Payment Charges |
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Eligibility Criteria:
Applicants for the Axis Select credit card must meet the following criteria:
- Age between 18 to 70 years.
- Minimum annual income exceeding INR 9 lakhs.
- Occupation status could be either self-employed or employed.
Documents Required:
To apply for the card, applicants need to provide:
- Proof of Identity: Passport, Driving Licence, Aadhar Card, PAN Card, and passport-sized photograph.
- Address Proof: Utility bills, Aadhar cards, passports, or other valid proofs of address.
- Income Proof: Recent payslips/bank statements, Form 16, and the most recent Income Tax Return.
How to Apply:
Applicants can apply online by selecting the desired credit card on the Axis Bank website and filling out the application form accurately. Alternatively, they can visit a nearby Axis Bank branch, where a representative can assist with completing and submitting the application form.
Pros and Cons:
Pros:
- Rs. 200 off on Swiggy orders twice a month.
- Access to complimentary lounge memberships.
Cons:
- No reward points offered on fuel transactions.
- High joining fees of INR 3000 plus taxes.
Should You Get this Card?
The Axis Bank Select Card is ideal for frequent offline spenders, avid travelers, and those capable of meeting the spending thresholds for fee waivers. Consider obtaining this card if you engage in regular offline spending, frequent travel, and can meet the annual spending requirements for fee waivers.