Axis Bank Platinum Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

You can receive 100 EDGE REWARD points when you make your first online transaction. When you make domestic purchases, you will earn 6 Edge Rewards for every Rs. 200 spent. For international transactions, you will earn double the amount of Edge Rewards. Additionally, you can receive a cashback of 25% on movie tickets and enjoy a 15% discount on dining at partnered restaurants in India. There is a waiver for joining and annual fees based on your spending. Furthermore, you will receive a fuel surcharge waiver of 1% up to Rs. 400 per month.

The Axis Bank Platinum Credit Card is well-suited for shopping enthusiasts.

With a joining fee of Rs. 500 and a renewal fee of Rs. 200, it offers various benefits and rewards.

Upon the first online transaction, customers are welcomed with a generous benefit of 100 Edge Rewards.

Additionally, movie buffs can enjoy a 25% discount on movie tickets, while dining at partner restaurants in India guarantees a minimum discount of 15%.

For every domestic spend of Rs. 200, cardholders are rewarded with 6 Edge Rewards, and for every international spend of Rs. 200, they receive 12 Edge Rewards.

These rewards can be redeemed for a variety of options.

The Axis Bank Platinum Credit Card does not offer specific benefits for travel, domestic lounges, international lounges, golf, or insurance.

However, it does provide the opportunity to waive the joining fee by spending Rs. 5,000 within 45 days of card setup and the renewal fee by spending Rs. 1,00,000 in the previous year.

Unlike some other credit cards, there is no rewards redemption fee associated with this card.

However, there is a foreign currency markup of 3.5% on all foreign currency transactions.

The interest rate for this credit card is 3.4% per month, equivalent to 40.80% per annum.

When it comes to purchasing fuel, cardholders can enjoy a 1% fuel surcharge waiver on fuel purchases ranging from Rs. 400 to Rs. 4000 at petrol pumps across India.

In the event of needing cash advance, customers can avail it at a rate of 2.50%, subject to a minimum charge of Rs. 500.

To summarize, the Axis Bank Platinum Credit Card provides a good range of benefits and rewards for shoppers.

However, it may not be the best choice for individuals seeking specific travel, lounge, golf, or insurance privileges.