Axis Bank SELECT Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

You can earn 20 EDGE Points for every Rs. 200 spent with the card, up to a total spending of Rs. 20,000 per month. After reaching this limit, you will earn 10 EDGE Points for every Rs. 200 spent. You will receive a flat discount of Rs. 500 on the BigBasket mobile app and website, provided you make a minimum purchase of Rs. 3,000. If you make a minimum transaction of Rs. 1,000, you will get a flat discount of Rs. 200 on your Swiggy orders. With a Priority Pass membership, you will have access to 12 international airport lounges every year. You will also be entitled to 2 complimentary domestic lounge visits every quarter. By spending Rs. 3 lakh in an anniversary year, you will receive bonus EDGE Points. If you spend Rs. 8 lakh in an anniversary year, your renewal fee will be waived. You will be able to enjoy 6 complimentary golf rounds every year. Additionally, if you spend Rs. 3 lakh in a year, you will receive an extra 6 golf rounds.

The Axis Bank SELECT Credit Card is a fantastic choice for avid travelers and avid shoppers alike.

With its numerous benefits and rewards, this credit card offers great value for money.

To start with, the joining fee for this card is Rs. 3,000 + GST, and the renewal fee is also Rs. 3,000 + GST.

Though it may seem a bit steep, the benefits this card offers more than make up for it.

One of the standout features of this card is the welcome benefit.

You can earn a whopping 10,000 EDGE REWARD POINTS on your first transaction of just Rs. 2,000! This is an excellent way to kickstart your rewards journey.

When it comes to rewards, this card offers Reward Points as its reward type.

With every Rs. 200 you spend, you can earn 20 EDGE Points, up to cumulative spends of Rs. 20,000 per month.

After that, you will earn 10 EDGE Points per Rs. 200 spent.

This allows you to accumulate points quickly and redeem them for exciting rewards.

For movie and dining lovers, there is an additional perk.

You can enjoy a flat Rs. 200 off on Swiggy Orders, making your movie and dining experiences even more enjoyable.

Travelers will also benefit from this card, with 8 complimentary domestic lounge visits every year, with a maximum of 2 visits per quarter.

Additionally, you can enjoy up to 12 complimentary international lounge visits every year with a Priority Pass membership.

Golf enthusiasts are not left behind either.

The Axis Bank SELECT Credit Card offers 6 complimentary golf rounds every year.

And if you spend Rs. 3 lakh annually with the card, you can enjoy 6 additional golf rounds.

The insurance benefits provided by this card are impressive.

You are covered against lost or delayed baggage, have purchase protection, and even coverage for loss of travel documents.

This gives you peace of mind while traveling.

The renewal fee of this card can be waived if you spend Rs. 8 lakh in a year, making it a great incentive to keep using this card and enjoying its benefits.

The foreign currency markup for this card is 3.5% of the transaction amount, which is fairly standard for credit cards.

Do keep in mind that the interest rate for this card is 3.6% per month, which amounts to an annual rate of 52.86%.

Therefore, it is important to pay your bills on time to avoid accruing high interest charges.

In terms of fuel surcharge, you can enjoy a 1% waiver for transactions between Rs. 400 and Rs. 4,000 at all filling stations across India.

This is a nice bonus for frequent drivers.

For cash advances, a fee of 2.5% of the amount withdrawn, with a minimum of Rs. 500, is applicable.

Overall, the Axis Bank SELECT Credit Card is an excellent choice for those who enjoy both travel and shopping.

With its generous rewards, complimentary lounge visits, golf rounds, and insurance benefits, this card provides a well-rounded package of perks.