About Axis Cashback Credit Card
The Axis Cashback Credit Card is a solid entry-to-mid-level cashback card from Axis Bank that is ideal for frequent online shoppers. It offers up to 7% cashback on online purchases using a tiered structure, as well as base rewards on offline and travel transactions. It replaces the Citi Cashback card after the merger and focuses on simple cashback credited directly to the statement.
How to Apply for the Axis Cashback Credit Card Online?
- Click APPLY NOW
- You will be taken to the Credit Cards Application page
- Before you start, keep these ready: PAN card, Aadhaar card, and a blank piece of paper for signature
- Also, sit in a quiet place with no background noise and without help from another person; otherwise, your application may get rejected
- To begin, you may be asked to enter your name, email, mobile number, and PAN card to fetch your CIBIL score
- Complete your online KYC, then submit the form
- You will get a reference number to track your application
- Once your card is approved, you will be notified by SMS or email.
Fees and Charges
- Joining Fee: ₹1,000 + taxes
- Annual Fee: ₹1,000 + taxes
- Annual Fee Waiver Spends: ₹4 Lakh in the previous anniversary year
- Forex Markup Fee: 3.5%
Welcome and Milestone Benefits
- Welcome Benefits: 5,000 EDGE Reward Points (worth ₹1,000) on the first transaction within 30 days of card issuance. No minimum spend required beyond the first transaction.
- Milestone Benefits: NA (No specific milestone benefits beyond the annual fee waiver on ₹4 Lakh spends).
Cashback and Rewards
- Card Type: Entry-level cashback-focused credit card
- Card Network: Likely Visa/Mastercard (varies; confirm at issuance)
- Best For: Heavy online shoppers (especially ₹50k+ monthly online spends)
- Cashback/Rewards on Online Purchases: Tiered structure (on net monthly online spends):
- 2% up to ₹5,000 (max ₹100)
- 5% on ₹5,001–₹40,000 (max ₹1,750)
- 7% above ₹40,000 (max ₹2,150)
- Overall max cashback on online: Up to ₹4,000 per statement cycle.
- Cashback/Rewards on Offline Purchases: Unlimited 0.75% on offline/POS and travel spends
- Maximum Cashback per Statement Cycle: Up to ₹4,000 on online + additional from other categories
- Rewards Redemption Options: Cashback is automatically credited to the statement (no points conversion needed). Simple and hassle-free.
Note: 0.5% cashback on utility transactions (capped at ₹100 per month).
Lounge Access
- Domestic Lounge Access: NA
- International Lounge Access: NA
Category Spend Benefits
- Online Shopping: Up to 7% (tiered, as above) — strongest category
- Food and Grocery: Falls under general online/offline rates (EazyDiner dining discount available)
- Travel Booking: 0.75% on travel spends
- Utility Bill Payments: 0.5% (max ₹100/month)
- Fuel: NA
Dining Perk: 25% off on EazyDiner (up to ₹800/month, min spend ₹2,500).
Excluded Categories
- All Excluded Categories: Transportation & tolls, insurance, educational institutions, jewellery/precious metals/watches, government institutions, fuel, rent, wallet loads, EMI conversions, cash advances, and specific MCCs (Merchant Category Codes). Cashback is on net spends after returns/adjustments.
Why Choose Axis Cashback Credit Card?
- Competitive up to 7% online cashback (higher headline rate than many rivals like SBI Cashback’s flat 5%).
- Automatic cashback crediting — no redemption hassle.
- Base 0.75% on offline/travel + some utility coverage.
- Welcome benefit offsets the joining fee.
- Good for high online spenders who can hit higher tiers and the ₹4L fee waiver.
Limitations: High fee waiver threshold, tiered structure (effective rate lower at moderate spends), minimal offline rewards, no lounge access, and a long list of exclusions.
Who is eligible for the Axis Cashback Credit Card?
- Age: 18–70 years (typically 18–60 for primary applicants).
- Resident Indians (salaried or self-employed).
- Good credit score (750+ recommended) and stable income.
- Standard KYC documents: PAN, address proof, income proof (payslips/ITR).
Is the Axis Cashback Credit Card worth applying for?
If you spend more than ₹50,000-70,000 per month online, you may be eligible for the annual fee waiver. The automatic cashback and competitive online rates make it an attractive option for digital shoppers.
It may not be suitable for low-to-moderate spenders, offline heavy users, or those seeking travel/lounge benefits. If you don't consistently spend in higher tiers, compare it to flat-rate options like SBI Cashback. Before applying, always check the Axis Bank website for the most recent terms and conditions, as benefits may change.