Axis Bank Reserve Credit Card

Joining fee

₹50,000 to join.

Renewal fee

₹50,000 a year.

Fee waiver rule

Waived on eligible spends of ₹35,00,000 in the preceding card anniversary year

Domestic lounge access

Unlimited domestic lounge visits

Priority Pass

Complimentary Priority Pass membership with unlimited visits.

Hotel or travel programme

Club ITC Culinaire membership; Accorplus membership; Club Marriott Asia Pacific membership.

Hotel or travel programme

Complimentary airport concierge services

Dining programme

Complimentary EazyDiner Prime membership; Complimentary Swiggy One Membership.

Golf

Complimentary golf rounds

Movie or entertainment ticket benefit

Complimentary tickets on BookMyShow

Fuel surcharge waiver

Fuel Transaction Surcharge 1% of transaction amount; Refunded for fuel transactions Between ₹400 to ₹4,000; Maximum benefits up to ₹400 per Statement Cycle

Forex markup

1.5% on foreign currency transactions.1.5% of the transaction value

Dynamic currency conversion markup

Dynamic Currency Conversion 3.5% plus taxes will be applicable on each International transaction performed in Indian currency at international location

Cash advance fee

Waived

Interest on unpaid balance

3.0% per month, 42.58% per annum.

Interest-free period

The interest-free credit period could range from 20 to 50 days, depending on the date of transaction

Late payment fee

Nil if total payment due is up to ₹500; ₹500 if total payment due is between ₹501 and ₹5,000; ₹750 if total payment due is between ₹5,001 and ₹10,000; ₹1,200 if total payment due is between ₹10,001 and ₹50,000; ₹1,300 if total payment due is greater than ₹50,000

Over-limit fee

Over limit-fee of 2.5% of the over-limit amount (subject to a minimum of ₹500)

Payment return or dishonour fee

2% of the payment amount subject to Min. ₹500

Statement or duplicate statement fee

Duplicate Statement Fee Waived

Card replacement fee

Replacement fee: Waived

Cash payment / cash deposit fee

Fee for Cash Payment at branches ₹175.

Cheque payment / dishonour fee

Outstation cheque fee: Waived

Education / school fee charge

1% fee per transaction on education payments made via third party apps.

Fee on online skill-based gaming spends

1% fee on cumulative spends of ₹10,000 or more on online skill-based gaming platforms in a statement cycle.

Wallet load charge

1% fee on cumulative spends of ₹10,000 or more on wallet loads per statement cycle.

What the card's fee or benefit year means

Anniversary Year is the period of 12 months from the date of issuance of the card and every 12-month period thereafter

Fuel transaction fee

1% fee on cumulative spends of ₹50,000 or more on fuel transactions per statement cycle.

Rent transaction fee

1% fee per transaction on each rental transaction; taxes applicable as notified by Government of India

Utility transaction fee

1% fee on cumulative spends of ₹25,000 or more on utilities per statement cycle.

GST note

GST, as notified by the Government of India, is applicable on all fees, interest and other charges, and is subject to change as per relevant regulations of the Government of India

Grace days after the due date

Grace period of 3 days from the payment due date, where payments are not overdue; the customer must clear dues by the payment due date mentioned in the credit card Statement.

Minimum amount due

MAD is subject to a minimum of ₹100; if the Total Amount Due (TAD) is less than ₹100, the MAD would be equal to TAD