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Axis Bank Credit Cards Against FD

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Best Axis Bank Credit Cards Against FD

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10 EDGE reward points per Rs. 200  spent's Icon10 EDGE reward points per Rs. 200 spent

8 domestic airport lounge visits p.a. 's Icon8 domestic airport lounge visits p.a.

15% off on dining at partner restaurants's Icon15% off on dining at partner restaurants

Joining Fee IconJoining Fee: 1,500+ Taxes

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Renewal Fee IconAnnual/Renewal Fee: 1,500+ Taxes

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FD-backed

Movies

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 4 EDGE reward points per Rs. 200 spent's Icon 4 EDGE reward points per Rs. 200 spent

Save up to Rs. 4,800 yearly on fuel spends's IconSave up to Rs. 4,800 yearly on fuel spends

 25% cashback on movie ticket purchases's Icon 25% cashback on movie ticket purchases

Joining Fee IconJoining Fee: 500+ Taxes

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Renewal Fee IconAnnual/Renewal Fee: 500+ Taxes

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About Axis Bank Credit Cards Against FD

Axis Bank offers a number of credit cards to suit varying individual needs, such as shopping, travel, entertainment, and more. In addition to this, the bank also offers secured credit cards for consumers who are new to credit and planning to start their credit journey, as well as for those who are not eligible for unsecured credit cards and want to rebuild their credit profile. Here is everything you need to know about Axis Bank credit cards against FD.

Features and Benefits of Axis Bank Credit Card against FD

Here is the list of secured credit cards offered by Axis Bank:

1. Axis Bank Privilege Easy Credit Card

Annual Fee: Rs. 1,500 + Applicable Taxes
Min. FD Amount: Rs. 65,000

Axis Privilege Easy Credit Card is designed for new-to-credit consumers looking for an all-rounder card with a moderate annual fee. The card offers 10 points per Rs. 200 spent, along with other benefits such as complimentary lounge access, BOGO offers on movie tickets, and more. Some of the key features and benefits of this credit card are listed below:

  • 10 EDGE reward points per Rs. 200 spent
  • 12,500 EDGE reward points after the payment of joining fee and completing the first transaction within a month of card activation
  • 10,000 EDGE reward point on spending Rs. 2.5 Lakh in the previous year
  • 2 complimentary domestic airport lounge visits per quarter, on a minimum spend of Rs. 50,000 in the previous quarter
  • BOGO offer on movie tickets booked via District by Zomato

2. Axis Bank MY ZONE EASY Credit Card

Annual Fee: Rs. 500 + Applicable Taxes
Min. FD Amount: Rs. 15,000

Axis Bank MY ZONE EASY is an entry-level credit card offered against a fixed deposit. The card offers basic benefits such as reward points, cashback on movie tickets, and dining discounts, making it a suitable option for consumers who are planning to start their credit journey with a low annual fee card. Given below are some of the major features and benefits of this credit card:

  • 4 EDGE reward points for every Rs. 200 spent domestically
  • 25% cashback on movie ticket purchases at partner merchants
  • 15% off on dining at partner restaurants through the Dining Delights program
  • 1% fuel surcharge waiver on fuel spends between Rs. 400 and Rs. 4,000, up to Rs. 400 per month

Axis Bank Credit Cards Against FD: Eligibility Criteria

The eligibility criteria vary from one card to another. However, the basic eligibility criteria to apply for Axis Bank credit cards against FD are as follows:

  • Resident: Indian
  • Min. Age Requirement: 18 years
  • Min. FD Amount: Vary from card to card

How to Apply for Axis Bank Credit Cards Against FD?

Follow the below mentioned steps to apply for a secured credit card offered by Axis Bank:

Step 1: Visit the official Axis Bank website or your nearest Axis Bank branch.

Step 2: Choose the secured credit card that suits your requirements.

Step 3: Open a Fixed Deposit (FD) with the bank.

Step 4: Submit the credit card application form along with the required documents.

Step 5: The bank verifies your details and processes your application.

Step 6: Upon approval, the credit card is issued with a limit linked to your FD amount.

FAQs

How can I apply for an Axis Bank credit card against FD?

You can apply for an Axis Bank secured credit card by visiting the official Axis Bank website or your nearest branch. First, choose the secured credit card that suits your needs. Then, open a Fixed Deposit (FD) with the bank and submit the credit card application form along with the required documents.

Can I increase the limit of my Axis Bank secured credit card?

Since the credit limit on a secured credit card is linked to the Fixed Deposit amount, the limit generally depends on the FD value. To increase the limit, you may need to increase the FD amount.

How do Axis Bank secured credit cards work?

Axis Bank secured credit cards are issued against a Fixed Deposit (FD) opened with the bank. The FD acts as collateral, and the credit limit is assigned based on the FD amount. You can use the card for regular transactions, earn reward points and other benefits, and repay the dues as per the monthly statement.

Can I close my FD account if the credit card is active?

No, since the secured credit card is issued against the Fixed Deposit, the FD acts as collateral. You typically cannot close the FD while the credit card is active. The FD can be closed after the credit card is cancelled, subject to the bank’s terms and conditions.

Is an Axis Bank credit card against FD a good option?

Axis Bank credit card against FD can be a good option for individuals who are new to credit or are not eligible for unsecured credit cards. It helps in building or rebuilding a credit profile while offering benefits such as reward points, cashback, lounge access, dining discounts and more, depending on the card.

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