Features and Benefits of Axis Bank Credit Cards
While each Axis Bank Credit Card comes along with unique features and benefits spread across multiple categories, that suffice to the varying customer needs and patterns, there are some common features associated with all Axis Credit Cards. These are listed as follows:
- Interest-free Credit Period: All Axis Bank Credit Cards offer you a long interest-free credit period of up to 50 days. This means that no finance charges are applicable on your purchases during this period.
- Dining Benefits: All Axis Credit Cards offer dining discounts across partnered restaurants in India. However, the range of discounts offered may vary from one card to another, usually ranging between 15% to 20%.
- Instant Loan Facility: You can make high-value purchases and buy expensive consumer durables via the Instant loan facility offered on Axis Bank Credit Cards. This loan can be availed with Nil documentation requirements at an attractive rate of interest. Note that the loan amount offered via this facility may vary as per your credit limit.
- Post-Purchase EMI conversion: You can avail EMI options not only before making a purchase, but also for post-purchase EMI conversion on all credit card transactions of Rs. 2,500 and above. The applicable interest rate is 1.5% per month, calculated at a reducing balance method, while the one-time processing fee of 2% or Rs. 1,500 (whichever is lower) is charged. These EMIs can be paid back in the tenure of your choice in 6, 9, 12, 18, or 24 months. Read more about Axis Credit Card EMI.
- Revolving Credit Facility: Axis Bank Credit Cards offer you a revolving credit facility through which you can consider paying your credit card bill with ease. As per your convenience, you can consider (i) paying the minimum amount due (usually 5% of the billed amount) till the due date, and paying the rest in subsequent months (ii) paying the total amount due (iii) paying any amount ranging between the minimum amount and the total due amount. Revolving credit terms, applicability & charges may vary from one Axis Credit Card to another.
- Up to 4 Add-on Credit Cards: If you own an Axis Bank Credit Card, you can share the benefits with your spouse, parents, siblings, or children at zero cost and zero annual fees. These add-on cards come with the shared credit limit with the primary card and are combined in the consolidated credit card statement.
Besides these benefits, all Axis Bank Credit Cards offer varying benefits around rewards, cashback, discounts, offers, card activation, lounge access, complimentary memberships, etc. Please visit the card-specific pages to check the updated features and benefits of Top Axis Credit Cards.