Axis Bank Credit Card Statement

Axis Bank Credit Card Statement is an official document that contains a detailed summary of all the transactions carried by you in a billing cycle. Besides this, the statement also includes other details, such as last billing cycle, outstanding balance, minimum amount due, reward points and much more. You will receive this statement at the end of the billing cycle, i.e., mostly on a monthly basis.

The credit card statement is divided into various terms or components. These components mention all the expenses you have made and charges levied on your credit card in detail. Let’s take a look at some of the important terms or components of credit card statement:

Statement Period: The statement period is the duration for which the payment of the card has to be done. You can find the statement period on the top right-hand corner of the credit card statement.

Payment Due Date: The due date of payment is meant to act as the deadline by which the amount due by you should be paid to the bank. If any payment is made later than this date, you will be eligible to pay fees for the same. The late payment not only incurs charges but also negatively impacts your credit score.

Total Amount Due: The total amount due section represents the total amount that is due as on the statement date. This amount includes the opening balance, new purchases, fees and other finance charges.

Minimum Amount Due: Each month, you have to pay a minimum amount due to the bank, which is a portion of the total amount due. This might usually turn out to be two or three percent of the total dues owed. You may attract a fine for remitting anything less than this amount.

Closing Balance: There is another section, which is the closing balance of the card. It implies the total amount which is due on the card. If you want to pay off your entire debt every month, then this is the amount you’ll need to pay. Ideally, it should be minimal at the end of each cycle.

Current Outstanding Balance: It is the total amount of the money that you are liable to pay to the bank at a certain point of time. It is calculated on the basis of your previous month’s expenses on your credit card.

Transaction Summary: A transaction summary provides a quick reference to all the transactions made by you during the billing cycle. This can be verified by similarly occurring transactions in the section.

How the Minimum Amount Due is Calculated?

The minimum amount that you need to pay on or before the payment due date is known as the Minimum Amount Due. Generally, it is calculated as 5% of the total outstanding amount. Remember, if you have converted any of your purchases into EMI, then the amount will be added to your minimum amount due.

For example: You have made a purchase of Rs. 10,000 on August 15 and the due date is September 26, then your minimum amount due will be Rs. 500 (5% of Rs. 10,000).

You can avail Axis Bank Credit Card Statement online through its official website, net banking or mobile banking. The best thing about this facility is that you can get the statement for a custom date as well without paying any additional fee.

How to Avail Axis Bank Credit Card Statement through Portal

You can download your credit card statement directly through the credit card statement portal of the bank without logging in to net banking or mobile banking. Follow the below-mentioned steps to do the same:

Step 1: Visit the Axis Bank Credit Card Statement portal.

Step 2: Enter the credit card details, such as card number, your name, date of birth, expiry date and click on ‘Get Statement’.

Step 3: Select the month of your choice to download the statement.

Step 4: Click on “Click Here to Download Credit Card Statement for the month: Month & Year” to download the statement.

How to Get Axis Bank Credit Card Statement through Net Banking

Follow the steps mentioned below to download Axis Bank Credit Card Statement through net banking:

Step 1: Log in to your Axis Bank net banking account.

Step 2: In the Credit Cards section, click on ‘View Statement’.

Step 3: Select the previous statements or a custom date range.

Step 4: Click on the ‘Get Statement’ option and a pdf version of the statement will be downloaded to your computer.

How to Get Axis Bank Credit Card Statement through Mobile Banking

You can also download your Axis Bank Credit Card Statement online on your mobile phone through mobile banking. Here are the steps that you need to follow:

Step 1: Log in to the Axis Bank mobile banking app.

Step 2: Select the ‘Credit Card’ option.

Step 3: Select the ‘Credit Card Statement’ from the list of options.

Step 4: Select the date range and click on ‘Download Statement’. After this, a pdf version of the statement will be downloaded on your phone.

How to Switch to Axis Bank Credit Card E-statement

You can also opt for an e-statement facility where you can receive your statement on a monthly and daily basis for free. All you need to do is fill out a ‘Customer Request Form’ to opt for an e-statement service. Here is how you can opt for your credit card e-statement:

Through Mobile Banking: Login to the Axis Bank mobile banking app and from the ‘Credit Cards’ section, select the credit card, whose e-statement has to be requested. Then, click on ‘E-statement Activation’ under the ‘Total Controls’ section and select the credit card. After clicking on ‘Continue’ the request will be sent to the bank and the e-statement will be processed.

Through Customer Care: You can also call on the Axis Bank Credit Card customer care and ask the representative for switching to an e-statement. The representative will ask a few questions for verification, and after authenticating, the bank will process your request. However, you must call from your registered mobile number to avail such service.

If you don’t want to download your credit card statement online, then you can also avail the statement by calling on the phone banking number or by visiting the nearest branch. Here are all the details on how to get Axis Credit Card Statement through offline mode:

Through Customer Care: You need to call on 1860-419-5555 or 1860-500-5555 and request the executive for the statement. The executive will ask few details for the verification, and after authenticating all the details, the executive will approve your request. However, you must remember that you need to call through the registered mobile number to avail such service.

By Visiting Nearest Branch: You can also visit the nearest branch of Axis Bank and request the bank representative for the statement. The bank representative will give you the credit card statement at the same time. However, the bank may charge a nominal fee for providing this service.

The purpose of credit card statement is not only to inform you about the charges but it also gives an idea if there is any unauthorized transaction has been carried out on your card. Therefore, if you see any error in your statement like any transaction you didn’t make, then you must inform the bank as soon as possible. Below mentioned are some of the ways through which you can handle these errors:

• As soon as you notice an error in your statement, you must call on the customer care of Axis Bank and inform them about the same. There are chances that the bank will rectify the mistake.
• To support your issue, you must keep a record of all the statements, receipts or any other important document that can help you prove the incorrect transaction
• If you are not satisfied with the solution provided by the customer care representative, then you can also send a letter to the bank within 2 months of receiving the bill along with the copies of proof to state your issue

Q. Can I download my Axis Bank Credit Card Statement without logging in to the net banking portal?

A. No, you need to log in to the net banking portal in order to download the credit card statement. However, you can download the statement from the credit card statement portal without logging in. All you need to do is enter your credit card details and select the month to download the statement.

Q. What is the frequency at which I’ll receive my Axis Bank Credit Card Statement?

A. You will receive the credit card statement mostly on a monthly basis. However, you can opt for an e-statement that is provided on a monthly/ weekly or daily basis. You need to fill out an application form to opt for an e-statement.

Q. What is the password for my Axis Bank Credit Card Statement?

A. Every bank has a set format of password for their customers to view their credit card statements. The password for Axis Credit Card Statement consists of eight characters – the first four characters consist of the first four letters of your name and the last four characters are the last four digits of your credit card number.

Q. What is the credit-free period offered on Axis Bank Credit Card?

A. The credit-free period offered on popular Axis Bank credit cards ranges from 20 to 50 days, depending on the date of the transaction. This, however may vary in some cases.

Q. How can I contact Axis Bank Credit Card customer care regarding any query?

A. You can contact the bank through Axis Bank Credit Card customer care number – 18002095577/ 18001035577. Apart from that, you can send your grievances and queries through online submissions on the official website of Axis Bank.