Axis Bank Miles & More Credit Card

Annual feeJoining fee

₹3,500 + GST₹3,500 + GST (Miles and More World Credit Card); ₹4,500 + GST (Miles and More Select Credit Card), 2nd year onwards

Fee waiver rule

Joining fee and annual fee are waived for HON and Senator Status members, where the status will be defined as per the status for Miles & More membership account.

Add-on card fee

Standard add-on card joining fee: Nil; standard add-on card annual fee: Nil.

Welcome benefit

Miles & More Axis Bank World Select Card Welcome Bonus: 15,000 miles.

Reward rate

4 Miles per ₹200 of eligible spends (World Card); 6 Miles per ₹200 of eligible spends (World Select Card)

Domestic lounge access

8 complimentary domestic lounge visits per quarter for Miles & More Axis Bank World Select Credit Card and 4 complimentary domestic lounge visits per quarter for Miles & More Axis Bank World Credit Card, subject to meeting the spends criteria

International lounge access

Access airport lounges across the world with your first swipe: Miles & More Axis Bank World Select Card 4 Priority Pass lounge visits p.a; Miles & More Axis Bank World Card 2 Priority Pass lounge visits p.a.

Priority Pass

Miles & More Axis Bank World Select Card 4 Priority Pass lounge visits p.a - Priority Pass will be issued automatically on activation of the Credit Card; Miles & More Axis Bank World Card 2 Priority Pass lounge visits p.a.

Hotel or travel programme

Wednesday Delight: Instant savings of up to 15% on flights & hotels via Goibibo and Makemytrip

Dining programme

40% off or up to ₹1000 and 25% off or up to ₹800 at partner restaurants across the country on Miles & More Axis Bank World Select Credit Card

Renewal benefit

Annual Miles on Renewal: 4,000 (World Select Card) and 3,000 (World Card)

Benefit given each anniversary year

Miles & More Axis Bank World Select Card Annual Bonus: 4,000 award miles; Miles & More Axis Bank World Card Annual Bonus of 3,000 award miles.

Fuel surcharge waiver

Not offered: Fuel Transaction Surcharge refund not applicable on MILES and MORE Axis Bank World Select Credit Card and MILES and MORE Axis Bank World Credit Card

Lost card liability

Miles & More Axis Bank Credit Card also covers any mishaps through insurance on lost card or credit shield.

Add-on card eligibility

Add-on cardholder should be over 18 years.

Purchase to EMI conversion

On any transaction over ₹2,500, contact the Bank to convert a big credit card purchase into EMIs.

Forex markup

3.5% on foreign currency transactions.3.50% of the transaction value

Dynamic currency conversion markup

3.5% + GST3.5% plus taxes on each international transaction performed in Indian currency at international location or with merchants registered in a foreign nation

Cash advance fee

2.5% (Min. ₹500) of the Cash Amount.

Interest on unpaid balance

3.7% per month (55.55% per annum)

Interest-free period

20 to 50 days interest-free when you pay in full.

Late payment fee

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

Over-limit fee

Over-limit Fees: 2.5% of Over-limit Amount (Min ₹500).

Payment return or dishonour fee

Cheque Return or Dishonour Fee or Auto Debit Reversal: 2% of payment amount; minimum ₹500.

Statement or duplicate statement fee

Duplicate Statement Fee: Waived

Card replacement fee

Replacement fee: Waived

Cash payment / cash deposit fee

Fees for Cash Payment at Branches: ₹175.

Education / school fee charge

Education Transaction Fee: 1% on each Education Payments made via third party apps for all Axis Bank credit cards.

Fee for paying the bill by cheque

Outstation cheque fee: Waived

Fee on online skill-based gaming spends

Online Skill-Based Gaming Transaction Fee: 1% on cumulative spends of ₹10,000 or more on online skill-based gaming platforms i.e. in a statement cycle.

Wallet load charge

Wallet Load Transaction Fee: 1% 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

Rent Transaction fee: 1% of each Rental Transaction Amount for all Axis Bank Credit Cards.

Utility transaction fee

Utility Transaction Fee: 1% 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

Sum of all instalments, all Fees, interest / finance charges, taxes, the amount utilized over the credit limit (if any) and 2% of remaining balance outstanding, subject to a minimum of ₹100

Age the primary cardholder must be

Age limit for primary applicants 18 to 70 years of age; add-on card applicants 18 years onwards.