By Anuj Sharma, founder of COFFER · Published · From each bank’s own page
Left out of rewards or cashback
35 cards- CheQ AU Credit Card
Fuel, education, or gold purchases; Gambling or insurance payments; Utility payments made outside the CheQ app; Rent-related spends; Transactions below ₹200; EMI transactions; UPI transactions made outside the CheQ app
See AU Small Finance’s exact words
“Rewards are not applicable on certain transactions, such as: Fuel, education, or gold purchases Gambling or insurance payments Utility payments made outside the CheQ app Rent-related spends Transactions below ₹200 EMI transactions UPI transactions made outside the CheQ app”
The bank’s document · read 29 Sept 2026
- Axis Bank Atlas Credit Card
Spends done on gold/ jewellery, rent, wallet, government institution, insurance, fuel, Utilities, Telecom, Gift cards and fee related to tolls, bridges & road will be excluded from EDGE Miles earn
See Axis’s exact words
“from 20th April, 2024 onwards, spends done on gold/ jewellery, rent, wallet, government institution, insurance, fuel, Utilities, Telecom, Gift cards and fee related to tolls, bridges & road will be excluded from EDGE Miles earn.”
The bank’s document · read 29 Sept 2026
- Axis Bank Freecharge Credit Card
Excluded from reward earn: Rent, Wallet load, Gold & Jewellery, Fuel, Financial Institutions, Cash advances and Repayments
See Axis’s exact words
“Excluded spend categories: [...] For reward earn: Transactions made on Rent, Wallet load, Gold & Jewellery, Fuel, Financial Institutions, Cash advances and Repayments”
The bank’s document · read 3 Nov 2026
- Axis Bank Magnus Credit Card
Wallet Transactions, Gift card purchases, Government Institutions, Utility, Telcom and Utility & Telecom MCCs will not be eligible for EDGE Reward Points; Insurance, Fuel and Gold & Jewellery MCCs will not be eligible to earn base EDGE Reward Points and accelerated reward points
See Axis’s exact words
“Wallet Transactions, Gift card purchases#, Government Institutions, Utility, Telcom and Utility & Telecom MCCs will not be eligible for EDGE Reward Points [...] Insurance, Fuel and Gold & Jewellery MCCs will not be eligible to earn base EDGE Reward Points and accelerated reward points.”
The bank’s document · read 29 Sept 2026
Show 31 more cards
- Axis Bank My Zone Credit Card
Please Note - EDGE Reward Points will not be earned on spends towards Movie, Fuel, Insurance, Wallet, Rent, Utilities, Education, Government Institutions, EMI transactions, Jewellery, Gift Card, Bridge Fees, Road Fees
See Axis’s exact words
“Please Note - EDGE Reward Points will not be earned on spends towards Movie, Fuel, Insurance, Wallet, Rent, Utilities, Education, Government Institutions, EMI transactions, Jewellery, Gift Card, Bridge Fees, Road Fees and Tolls.”
The bank’s document · read 30 Oct 2026
- Axis Bank Privilege Credit Card
Spends done on Insurance, rent, fuel, educational services, utilities and government MCC, Wallet, Gold & Jewelry Gift Card, Bridge Fees, Road Fees and Tolls will not be eligible for earning EDGE REWARDS
See Axis’s exact words
“Spends done on Insurance, rent, fuel, educational services, utilities and government MCC(merchant category codes), Wallet, Gold & Jewelry Gift Card, Bridge Fees, Road Fees and Tolls will not be eligible for earning EDGE REWARDS .”
The bank’s document · read 29 Sept 2026
- Axis Bank Select Credit Card
Spends done on Insurance, rent, fuel, eduactional services, utilities & telecom, wallet, Gold/Jewellwey, government services, Gift card, Bridge Fees, Road Fees & Tolls will not be eligible for earning EDGE REWARD points
See Axis’s exact words
“Spends* done on Insurance, rent, fuel, eduactional services, utilities & telecom, wallet, Gold/Jewellwey, government services, Gift card, Bridge Fees, Road Fees & Tolls will not be eligible for earning EDGE REWARD points.”
The bank’s document · read 29 Sept 2026
- Business Supreme Credit Card
On the retail spends Excluding Fuel, Jewellery, Cash Withdrawal, Wallet Load, Insurance, Education, Govt Service, Rent, EMI, Transactions, Purchases converted to EMI post factor on UPI transactions less than Rs. 2000
See Axis’s exact words
“On the retail spends Excluding Fuel,Jewellery,Cash Withdrawal, Wallet Load,Insurance,Education,Govt Service,Rent,EMI, Transactions, Purchases converted to EMI post factor on UPI transactions less than Rs. 2000”
The bank’s document · read 3 Nov 2026
- Business Supreme Visa Credit Card
On the retail spends Excluding Fuel, Jewellery, Cash Withdrawal, Wallet Load, Insurance, Education, Govt Service, Rent, EMI, Transactions, Purchases converted to EMI post factor on UPI transactions less than Rs. 2000
See Axis’s exact words
“On the retail spends Excluding Fuel,Jewellery,Cash Withdrawal, Wallet Load,Insurance,Education,Govt Service,Rent,EMI, Transactions, Purchases converted to EMI post factor on UPI transactions less than Rs. 2000”
The bank’s document · read 3 Nov 2026
- IndianOil Easy Axis Bank Credit Card
Spends on Insurance, Gold/Jewellery, Wallet, Rent, Utilities, Government Institutions, Education will not be eligible for earning EDGE REWARDS
See Axis’s exact words
“Spends on Insurance, Gold/Jewellery , Wallet, Rent, Utilities, Government Institutions, Education will not be eligible for earning EDGE REWARDS”
The bank’s document · read 5 Oct 2026
- IndiGo Axis Bank Premium Credit Card
The following MCCs (Merchant Category Codes) will not be eligible for earning IndiGo BluChips: Government services, Insurance services, Utility Services (Including telecom), Rental payments, Wallet, Fuel, Jewelry, Bridge Fees, Road Fees & Tolls, Gift cards; below transactions will also not be eligible: All EMIs transaction types, ATM Cash withdrawals, Fees, charges and Goods and Services Tax (GST)
See Axis’s exact words
“The following MCCs (Merchant Category Codes) will not be eligible for earning IndiGo BluChips: [...] Government services [...] Insurance services [...] Utility Services (Including telecom) [...] Rental payments [...] Wallet [...] Fuel [...] Jewelry [...] Bridge Fees, Road Fees & Tolls [...] Gift cards [...] Below transactions will also not be eligible for earning IndiGo BluChips: [...] All EMIs transaction types - Loan on credit card, Dial an EMI, Balance conversion and Balance transfer programs, Merchant Emi, Balance on EMI [...] ATM Cash withdrawals, [...] Fees, charges and Goods and Services Tax (GST)”
The bank’s document · read 2 Nov 2026
- SGI Exclusive CUB CSK/SRH Credit Cards
Reward Points will not be earned on the following categories: Category MCC Codes Utilities & Telecom 4800–4999 Gold / Jewellery 5094, 5944 Rent 6513 Wallet Transactions 6538–6542 Insurance 5960–6399 Government Payments
See City Union’s exact words
“Reward Points will not be earned on the following categories: Category MCC Codes Utilities & Telecom 4800–4999 Gold / Jewellery 5094, 5944 Rent 6513 Wallet Transactions 6538–6542 Insurance 5960–6399 Government Payments”
The bank’s document · read 30 Oct 2026
- DBS Spark Credit Card
Fuel, Wallet Load, Jewellery, Rent, EMI transactions, balance transfer
See DBS Bank India’s exact words
“The following spends shall not earn points: Spends made on following categories like Fuel, Wallet Load, Jewellery, Rent, EMI transactions, balance transfer.”
The bank’s document · read 29 Sept 2026
- IndianOil HDFC Bank Credit Card
Exclusion for 1 FP for every INR 150: Fuel, Rent, Government related transactions, EMI, Wallet and Jewellery
See HDFC’s exact words
“Exclusion for 1 FP for every INR 150 – Fuel, Rent, Government related transactions, EMI, Wallet and Jewellery.”
The bank’s document · read 20 Oct 2026
- PhonePe HDFC Bank Ultimo Credit Card
No reward points will be given for EMI transactions, fuel, wallet load, gift cards, cash advances, credit card bill payments, charges, government payments, rental transactions, education fees, insurance, investments, jewelry purchases
See HDFC’s exact words
“No reward points will be given for EMI transactions, fuel, wallet load, gift cards, cash advances, credit card bill payments, charges, government payments, rental transactions, education fees, insurance, investments, jewelry purchases and any other categories excluded as per the Bank’s internal policies.”
The bank’s document · read 29 Sept 2026
- PhonePe HDFC Bank Uno Credit Card
No reward points will be given for EMI transactions, fuel, wallet load, gift cards, cash advances, credit card bill payments, charges, government payments, rental transactions, education fees, insurance, investments, jewelry purchases
See HDFC’s exact words
“No reward points will be given for EMI transactions, fuel, wallet load, gift cards, cash advances, credit card bill payments, charges, government payments, rental transactions, education fees, insurance, investments, jewelry purchases and any other categories excluded as per the Bank’s internal policies.”
The bank’s document · read 29 Sept 2026
- Swiggy BLCK HDFC Bank Credit Card
Not offered: cashback is not accrued on Prepaid Card/Gift Card/Wallet, Rent, Government related transactions, Gaming, Education, Fuel, Jewellery, Smartpay, Smartbuy portal, EMI (all type), Cash advances, Purchase of travelers’ cheques, Purchase of foreign currency and fees, and any other categories as decided from Time to Time
See HDFC’s exact words
“Cashback will not be accrued for the following transactions using Swiggy BLCK HDFC Bank Credit Card ❖ Prepaid Card/Gift Card/Wallet ❖ Rent ❖ Government related transactions ❖ Gaming ❖ Education ❖ Fuel ❖ Jewellery ❖ Smartpay ❖ Smartbuy portal ❖ EMI (all type) ❖ Cash advances, Purchase of travelers’ cheques ❖ Purchase of foreign currency and fees ❖ Any other categories as decided from Time to Time”
The bank’s document · read 19 Oct 2026
- Swiggy HDFC Bank Credit Card
Cashback not accrued on: Wallet; Rent; Government related transactions; Fuel; Jewellery; EMI (all types); Cash advances; Purchase of travelers' cheques; Purchase of foreign currency and fees; Interest charge and penalties
See HDFC’s exact words
“Cashback will not be accrued for the following transactions using Swiggy HDFC Bank Credit Card Wallet Rent Government related transactions Fuel Jewellery EMI (all types) Cash advances, Purchase of travelers’ cheques, Purchase of foreign currency and fees, Interest charge and penalties Any other categories as decided from time to time.”
The bank’s document · read 11 Sept 2026
- Swiggy Ornge HDFC Bank Credit Card
Not offered: cashback is not accrued on Prepaid Card/Gift Card/Wallet, Rent, Government related transactions, Gaming, Education, Fuel, Jewellery, Smartpay, Smartbuy portal, EMI (all type), Cash advances, Purchase of travelers’ cheques, Purchase of foreign currency and fees, and any other categories as decided from Time to Time
See HDFC’s exact words
“Cashback will not be accrued for the following transactions using Swiggy Ornge HDFC Bank Credit Card ❖ Prepaid Card/Gift Card/Wallet ❖ Rent ❖ Government related transactions ❖ Gaming ❖ Education ❖ Fuel ❖ Jewellery ❖ Smartpay ❖ Smartbuy portal ❖ EMI (all type) [...] Cash advances, Purchase of travelers’ cheques ❖ Purchase of foreign currency and fees ❖ Any other categories as decided from Time to Time”
The bank’s document · read 19 Oct 2026
- HSBC Taj Credit Card
No reward points will be awarded on following categories: Fuel related, e-wallets, rental payments, education and government related transactions including tax payments, Insurance payments, Jewelry and antique items, cash withdrawals, credit repayments
See HSBC India’s exact words
“No reward points will be awarded on following categories: Fuel related (MCC 5541, 5983, 5172, 5542, 5552), e-wallets (MCC 6540), rental payments or any such payments made through MCCs 6513, education and government related transactions including tax payments [...] Insurance payments (MCC 6300, 5960), Jewelry and antique items (MCC 5944, 5094), cash withdrawals, credit repayments”
The bank’s document · read 29 Sept 2026
- CRED IndusInd Bank RuPay Credit Card
No reward points will be earned on spends done on transportation & tolls, fuel, loan and EMI, and online education payments, payments to government institutions/services/charges, wallet loads, rent, and jewellery; transactions on Utility and Insurance outside CRED will not earn any CRED Reward Points
See IndusInd’s exact words
“No reward points will be earned on spends done on transportation & tolls, fuel, loan and EMI, and online education payments, payments to government institutions/services/charges, wallet loads, rent, and jewellery. [...] Transactions done on Utility and Insurance outside CRED will not earn any CRED Reward Points.”
The bank’s document · read 2 Nov 2026
- Cashback SBI Card
Cashback is not applicable for spends on Utilities, Insurance, Fuel, Rent, Wallets, Education, Jewellery, Railways, and more
See SBI’s exact words
“Cashback is not applicable for spends on Utilities, Insurance, Fuel, Rent, Wallets, Education, Jewellery, Railways, and more.”
The bank’s document · read 5 Oct 2026
- Eternal SBI Credit Card
Not offered: no cashback on Fuel, Rental, Insurance, Jewellery, Education, Utilities and Government payments, EMI transactions (Merchant EMI & Flexipay EMI), gift or prepaid card load, cash advance payment, payment of card fee & other charges, gaming and wallet upload
See SBI’s exact words
“Exclusions Categories & MCCs [...] Fuel Payment [...] Rental Payment [...] Insurance Payment [...] Jewellery Payment [...] Education Payment [...] Utilities Payment [...] EMI transactions (Merchant EMI & Flexipay EMI) [...] Gift or prepaid card load [...] Cash Advance Payment [...] Payment of card fee & other charges [...] Gaming [...] Government Payment [...] Wallet Upload”
The bank’s document · read 20 Oct 2026
- PhonePe SBI Card SELECT BLACK
Not offered: School & Educational Services; E wallet loading; Rent / property management payments; Petrol pumps / service stations; Digital Gaming Platform / merchants; Governmental Spends; Disputed transactions; Encash; ATM Withdrawals; Flexipay Transactions; Merchant EMI; Financial charges; Jewellery; Gifts and Souvenirs; Tolls and Bridges; Insurance and Utilities (Outside PhonePe in app)
See SBI’s exact words
“For PhonePe SBI Card SELECT BLACK, all spending charged to SBI Card under the Program will be eligible to earn Points except the following: [...] School & Educational Services E wallet loading Payments towards Rent / property management [...] Any purchases at petrol pumps / service stations [...] Digital Gaming Platform / merchants [...] Governmental Spends Disputed transactions Encash ATM Withdrawals Flexipay Transactions Merchant EMI i.e. EMI’s availed at the time of purchase at Merchant establishment or websites [...] Financial charges (e.g., late payment fee, dishonored cheque charges, service fee, transaction charges etc.) [...] Jewellery Gifts and Souvenirs [...] Tolls and Bridges [...] Insurance (Outside PhonePe in app) Utilities (Outside PhonePe in app)”
The bank’s document · read 20 Oct 2026
- NEXTERIA Credit Card
Jewellery, Fuel, Cash withdrawal, Bitcoin, wallet loading, Alcohol, wine shops, Insurance payments
See Union Bank of India’s exact words
“Exclusion of MCC which are not to be counted include: - Jewellery, Fuel, Cash withdrawal, Bitcoin, wallet loading, Alcohol, wine shops, Insurance payments.”
The bank’s document · read 29 Sept 2026
- Union Unicorn Rupay Credit Card
Jewellery, Fuel, Cash withdrawal, Bitcoin, wallet loading, Alcohol, wine shops, Insurance
See Union Bank of India’s exact words
“Accelerated Rewards offers specially for UNICORN Credit Card as follows: [...] Exclusion of MCC which are not to be counted include: - Jewellery, Fuel, Cash withdrawal, Bitcoin, wallet loading, Alcohol, wine shops, Insurance”
The bank’s document · read 29 Sept 2026
- ACE Credit Card
Effective 15th June 2026, Reward Points will not be awarded for Rent, Wallet, Fuel, UPI, Government & Marketing / Advertising category transactions, cash withdrawals and transactions converted to EMI (Post Purchase EMI
See YES’s exact words
“Effective 15th June 2026, Reward Points will not be awarded for Rent, Wallet, Fuel, UPI, Government & Marketing / Advertising category transactions, cash withdrawals and transactions converted to EMI (Post Purchase EMI, EMI on Call & Instant EMI), Insurance, Education, Railways, Toll, Ferry & Jewellery.”
The bank’s document · read 31 Oct 2026
- BYOC Credit Card
Not applicable on Rental payments, Wallet & Fuel, Government & Marketing / Advertising category transactions, Cash withdrawals, Post Purchase EMI & Instant EMI transactions, Insurance, Education, Railways, Toll, Ferry & Jewellery (effective 15th June 2026)
See YES’s exact words
“Effective 15th June 2026:Not applicable on Rental payments, Wallet & Fuel Government & Marketing / Advertising category transactions, Cash withdrawals, Post Purchase EMI & Instant EMI transactions, Insurance, Education, Railways, Toll, Ferry & Jewellery.”
The bank’s document · read 21 Oct 2026
- ELITE+ Credit Card
YES Rewardz Points will not be awarded (effective 15th June 2026) on: Rental, Wallet and Fuel, Government & Marketing / Advertising category transactions, Cash withdrawals, Post Purchase EMI & Instant EMI transactions, Insurance, Education, Railways, Toll, Ferry & Jewellery
See YES’s exact words
“Effective 15th June 2026, YES Rewardz Points will not be awarded on Rental, Wallet and Fuel, Government & Marketing / Advertising category transactions, Cash withdrawals, Post Purchase EMI & Instant EMI transactions, Insurance, Education, Railways, Toll, Ferry & Jewellery.”
The bank’s document · read 20 Oct 2026
- FinBooster Credit Card
Other retail spends (₹200 = 2 points) are valid on all retail transactions only; not valid on fuel, Rent, Wallet, Government & Marketing / Advertising Category Transactions, Utility Spends, cash advance fees, Priority Pass charges, EMI on Call & Instant EMI transactions, Insurance, Education, Railways, Toll, Ferry & Jewellery (effective 15th June 2026)
See YES’s exact words
“Other retail spends d (except fuel) INR 200 = 2 points [...] Effective 15th June 2026:Valid on all retail transactions only. Not valid on fuel, Rent, Wallet, Government & Marketing / Advertising Category Transactions, Utility Spends, cash advance fees, Priority Pass charges, EMI on Call & Instant EMI transactions, Insurance, Education, Railways, Toll, Ferry & Jewellery. Terms and Conditions apply”
The bank’s document · read 21 Oct 2026
- Klick Credit Card
Effective 15th June 2026: no YES Rewardz Points on Rent, Wallet, Fuel, Government & Marketing/advertising categories, Cash withdrawals, Cash advance, fees and charges, Post purchase EMI, EMI on Call and instant EMI transactions, Insurance, Education, Railways, Toll, Ferry & Jewellery; capping of YES Rewardz Points on Utility Spends (MCC 4900) is ₹150 per statement cycle
See YES’s exact words
“Effective 15th June 2026:Capping of YES Rewardz Points on Utility Spends (MCC 4900) is INR 150 per statement cycle and no YES Rewardz Points on Rent, Wallet, Fuel, Government & Marketing/advertising categories, Cash withdrawals, Cash advance, fees and charges, Post purchase EMI, EMI on Call and instant EMI transactions, Insurance, Education, Railways, Toll, Ferry & Jewellery.”
The bank’s document · read 20 Oct 2026
- SELECT Credit Card
YES Rewardz Points will not be awarded (effective 15th June 2026) on: Rental, Wallet and Fuel, Government & Marketing / Advertising category transactions, Cash withdrawals, Post Purchase EMI & Instant EMI transactions, Insurance, Education, Railways, Toll, Ferry & Jewellery
See YES’s exact words
“Effective 15th June 2026, YES Rewardz Points will not be awarded on Rental, Wallet and Fuel, Government & Marketing / Advertising category transactions, Cash withdrawals, Post Purchase EMI & Instant EMI transactions, Insurance, Education, Railways, Toll, Ferry & Jewellery.”
The bank’s document · read 20 Oct 2026
- Wellness Plus Credit Card
6 Reward Points on spending INR 200 on other categories: Effective 15th June 2026, valid on retail purchases only; not applicable on Rental, Wallet, fuel transactions, Cash Advance Fee, Government & Marketing / Advertising category transactions, EMI on Call & Instant EMI transactions, Insurance, Education, Railways, Toll, Ferry & Jewellery
See YES’s exact words
“6 Reward Points [...] On spending INR 200 on other categories [...] Effective 15th June 2026 [...] Valid on retail purchases only. Not applicable on Rental, Wallet, fuel transactions, Cash Advance Fee, Government & Marketing / Advertising category transactions, EMI on Call & Instant EMI transactions, Insurance, Education, Railways, Toll, Ferry & Jewellery.”
The bank’s document · read 2 Nov 2026
- YES BANK Paisabazaar PaisaSave Credit Card
Cashback not applicable on EMI transactions, Utility, Insurance, Fuel, Rent payments, Wallet loading, Education, Jewelry, Govt services, Hospitals, Pharmacy Stores, Toll, Cash advance, Passenger Railways, Automotive Service Shops ...
See YES’s exact words
“Cashback not applicable on - EMI transactions , Utility, Insurance, Fuel, Rent payments, Wallet loading, Education, Jewelry, Govt services, and Hospitals, Pharmacy Stores, Toll [...] Cash advance, Passenger Railways, Automotive Service Shops”
The bank’s document · read 20 Oct 2026
- YES BANK Paisabazaar PaisaSave RuPay Credit Card
Cashback not applicable on EMI transactions, Utility, Insurance, Fuel, Rent payments, Wallet loading, Education, Jewelry, Govt services, Hospitals, Pharmacy Stores, Toll, Cash advance, Passenger Railways, Automotive Service Shops ... and UPI transaction below ₹2,000
See YES’s exact words
“Cashback not applicable on - EMI transactions , Utility, Insurance, Fuel, Rent payments, Wallet loading, Education, Jewelry, Govt services, and Hospitals, Pharmacy Stores, Toll [...] Cash advance, Passenger Railways, Automotive Service Shops [...] UPI transaction below INR 2000”
The bank’s document · read 20 Oct 2026
Earned at a lower rate
3 cards- FIRST Private
1X Reward Points on all domestic and international spends done on Rent, Education, Utilities, Insurance, Government Services, FasTag, Wallet Loads, Railways, Gift Vouchers, Jewellery
See IDFC FIRST’s exact words
“1X Reward Points on all domestic and international spends done on Rent, Education, Utilities, Insurance, Government Services, FasTag, Wallet Loads, Railways, Gift Vouchers, Jewellery”
The bank’s document · read 29 Sept 2026
- Hello Cashback
1% Cashback on essential categories (Utility, Rent, Jewellery, Wallet load, Insurance, Education, Gift Card, Government Services, FASTag, and Railway)
See IDFC FIRST’s exact words
“1% Cashback* on essential categories (Utility, Rent, Jewellery, Wallet load, Insurance, Education, Gift Card, Government Services, FASTag, and Railway).”
The bank’s document · read 29 Sept 2026
- Quantum+ Credit Card
0.5% Cashback on select categories (Utility, Rent, Jewellery, Wallet, Insurance, and Govt. Services)
See IDFC FIRST’s exact words
“0.5% Cashback on select categories (Utility, Rent, Jewellery, Wallet, Insurance, and Govt. Services)”
The bank’s document · read 29 Sept 2026
Gold coins kept out of a higher rate
1 card- Amazon Pay ICICI Bank Credit Card
Amazon Prime Membership: 5%; not having Prime Membership: 3% (transactions carried out on www.amazon.in, Excluding Gold Coins via Amazon Pay); 2% in digitally fulfilled categories via Login and Pay with Amazon Pay and physical gift cards; 1% for all purchases on non-amazon platform
See ICICI’s exact words
“For Card Members having Amazon Prime Membership, earn rate of the Reward Points will be 5% of the [...] transaction amount for all the transactions carried out on www.amazon.in (Excluding Gold Coins via Amazon Pay) [...] For Card Members not having Prime Membership, earn rate of the Reward Points will be 3% of the transaction amount for all transactions carried out on www.amazon.in (Excluding Gold Coins via Amazon Pay [...] The earn rate will be 2% of the transaction amount for all transactions carried out in digitally fulfilled categories(E.g. Mobile recharges, Bill Payments, etc.) via Login and Pay with Amazon Pay and physical gift cards [...] 1% Reward Points will be offered for all purchases on non-amazon platform”
The bank’s document · read 3 Nov 2026
Not counted towards the annual fee waiver
3 cards- Axis Bank Magnus Credit Card
Annual Fee reversal spends threshold excludes transactions on Rent, Wallet, Utilities, Government Institutions, EMI conversions, Cash withdrawals, reversals and fee and charges (effective 1 Sep 2023); Insurance, Gold/Jewellery and Fuel also excluded (effective 20 Apr 2024); Gift Card also excluded (effective 28 Aug 2026)
See Axis’s exact words
“Select, Reserve, Magnus and Magnus for Burgundy - Effective 1 Sep 2023, Spends Threshold for Annual Fee reversal will exclude transactions identified through Rent, Wallet, Utilities, Government Institutions, EMI conversions, Cash withdrawals, reversals and fee and charges. Effective 20 Apr 2024, Insurance, Gold/Jewellery and Fuel also shall be excluded. Effective 28 Aug 2026, Gift Card shall also be added to excluded category.”
The bank’s document · read 20 Oct 2026
- Axis Bank Privilege Credit Card
Spends threshold for annual fee waiver will exclude transactions made on Utility & Telecom, Rent, Wallet, Government services, Insurance, Gold & Jewellery, Fuel, Educational services, Gift Card, Bridge Fees, Road Fees and Tolls
See Axis’s exact words
“Spends threshold for annual fee waiver will exclude transactions made on Utility & Telecom, Rent, Wallet, Government services, Insurance, Gold & Jewellery, Fuel, Educational services, Gift Card, Bridge Fees, Road Fees and Tolls”
The bank’s document · read 5 Oct 2026
- Privilege Easy Credit Card
Spends threshold for annual fee waiver will exclude transactions made on Utility & Telecom, Rent, Wallet, Government services, Insurance, Gold & Jewelry, Fuel, Education services, Bridge Fees, Road Fees & Tolls
See Axis’s exact words
“Spends threshold for annual fee waiver will exclude transactions made on Utility & Telecom, Rent, Wallet, Government services, Insurance, Gold & Jewelry, Fuel, Education services, Bridge Fees, Road Fees & Tolls.”
The bank’s document · read 5 Oct 2026
How a bank tells it was jewellery
Several of the sentences above write the rule by merchant category code (MCC): the category a shop's card machine reports with each payment. Where a bank names the codes, they are in its sentence above.
If your card is not on this page
A card missing here has no sentence about jewellery or gold in the documents we hold for it. That is not the same as a line saying jewellery earns rewards on it.
Each card's own page lists every rule we hold for it, with the bank's document.
How this page is kept
Every card line here is read from the same register as the card's own page, so when a bank changes its terms, this page changes with it. Nothing here is a recommendation or financial advice.