Credit Cards · Bank review
Axis Bank Credit Cards
Axis Bank has been one of the more aggressive credit-card issuers in India in recent years, with co-brand tie-ups such as Flipkart and generous reward structures on its Magnus and Reserve tiers. Several premium benefits, including domestic lounge access through Priority Pass, were cut back in 2025-26.
By FinancePaisa Editorial Team · Research & editorialUpdated · 1 min read
- Interest rate
- 42.58% p.a. (finance charges)
- Loan amount
- Up to ₹30 lakh (card limit)
- Tenure
- Revolving
- Processing fee
- ₹500 to ₹12,500 (annual fee)
On this page (4 sections)
Popular Axis Bank credit cards
| Card | Annual fee | Best for |
|---|---|---|
| Axis ACE | ₹499 | 5% cashback on Google Pay bills |
| Flipkart Axis Bank | ₹500 | 5% cashback on Flipkart & Cleartrip |
| Axis Magnus | ₹12,500 | Milestone-based bonuses & lounge |
| Axis Reserve | ₹50,000 + GST | Super-premium invite-only |
Axis ACE
- Annual fee
- ₹499
- Best for
- 5% cashback on Google Pay bills
Flipkart Axis Bank
- Annual fee
- ₹500
- Best for
- 5% cashback on Flipkart & Cleartrip
Axis Magnus
- Annual fee
- ₹12,500
- Best for
- Milestone-based bonuses & lounge
Axis Reserve
- Annual fee
- ₹50,000 + GST
- Best for
- Super-premium invite-only
Common features
- EDGE Rewards platform for redemption
- Up to 50 days interest-free
- Complimentary lounge access on select cards (Priority Pass on premium cards no longer covers domestic lounges in India)
- EMI conversion (Freecharge Pay Later, Dial-an-EMI)
- Fuel surcharge waiver at partner outlets
Charges to know
| Charge | Amount |
|---|---|
| Finance charges | 3.55% per month (42.58% p.a.) |
| Late payment fee | ₹100 to ₹1,300 based on slab |
| Cash advance fee | 2.5% (min ₹500) |
| Forex mark-up | 3.5% (1.5% on Reserve) |
| Duplicate statement | ₹50 per request |
Finance charges
- Amount
- 3.55% per month (42.58% p.a.)
Late payment fee
- Amount
- ₹100 to ₹1,300 based on slab
Cash advance fee
- Amount
- 2.5% (min ₹500)
Forex mark-up
- Amount
- 3.5% (1.5% on Reserve)
Duplicate statement
- Amount
- ₹50 per request
Frequently asked questions
Does Axis Magnus still offer flight ticket transfers at 5x rate?
The programme structure has been revised multiple times in the last two years. Always check the latest EDGE Rewards conversion ratios on the Axis Bank website before choosing based on transfer partners.
What happened to the Axis Vistara credit cards?
After Vistara merged into Air India in November 2024, Axis stopped issuing Vistara cards, waived renewal fees and cut milestone ticket benefits. Remaining benefits ended on 31 March 2026. If you still hold one, check with Axis Bank what your card has been moved to.
Can I upgrade from Axis Ace to Magnus?
Yes, subject to eligibility. Existing customers with strong spends often get upgrade offers within the app or by calling the customer support line.
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