The Axis Cashback Credit Card is designed for people who spend a lot online. Instead of a flat rate, it uses tiers: 2% on your first ₹5,000 of online spend each month, 5% on the next ₹35,000 and 7% above ₹40,000, up to ₹4,000 a month. Offline and travel spends earn an unlimited 0.75%.
How the cashback works
| Spend | Cashback | Cap |
|---|---|---|
| Online: first ₹5,000 a month | 2% | Combined online cap of ₹4,000 a month |
| Online: next ₹35,000 | 5% | |
| Online: above ₹40,000 | 7% | |
| Offline and travel spends | 0.75% | Unlimited |
| Online utility bills | 0.5% | ₹100 a month |
Good to know: because the rate rises with your spend, the effective cashback is lower for light users. At ₹10,000 online a month, you earn ₹350, an effective 3.5%.
What you would actually earn
Say you spend ₹20,000 a month online and ₹10,000 offline. Online cashback is ₹100 (2% of ₹5,000) + ₹750 (5% of ₹15,000) = ₹850, plus ₹75 offline, for ₹925 a month or about ₹11,100 a year. That is ₹3.6 lakh a year, just short of the ₹4 lakh waiver, so you would pay the ₹1,000 + GST fee.
Heavy spenders get much more. At ₹50,000 online a month, cashback is ₹100 + ₹1,750 + ₹700 = ₹2,550. The ₹4,000 monthly cap is reached at roughly ₹70,700 of online spend.
Earning by spend level
| Monthly online spend | Monthly cashback | Effective rate |
|---|---|---|
| ₹5,000 | ₹100 | 2.0% |
| ₹20,000 | ₹850 | 4.25% |
| ₹40,000 | ₹1,850 | 4.6% |
| ₹60,000 | ₹3,250 | 5.4% |
| About ₹70,700 or more | ₹4,000 (cap) | — |
The table shows why this card rewards concentration. Putting all your online spending, including food delivery, travel bookings and shopping, on this one card pushes you into the higher tiers faster.
Welcome benefit
You earn 5,000 EDGE Reward Points, worth ₹1,000, on your first transaction within 30 days of card issuance. That covers the joining fee in the first year.
Fees and charges
| Joining fee | ₹1,000 + GST (offset by welcome benefits) |
|---|---|
| Annual fee | ₹1,000 + GST |
| Annual fee waiver | Spend ₹4 lakh or more in a year |
Eligibility
| Age | 21 to 65 years |
|---|---|
| Employment | Salaried or self-employed |
| Income (salaried) | ₹50,000 a month |
| Income (self-employed) | ITR above ₹6 lakh a year |
| Credit score | 736+ |
| First credit card? | Not allowed |
Documents you will need
- Identity: PAN card (or Form 60)
- Address: Aadhaar, passport or a recent utility bill
- Income: latest salary slips or bank statements
- Photo: a recent passport-size photograph
How to apply
- Tap Apply on Axis Bank site on this page to open Axis Bank’s credit card application.
- Complete the form in one session using your Aadhaar-linked mobile number. If your home and office are 150 km or more apart, choose your residence as the mailing address.
- Finish video KYC from your current address when prompted.
- Activate the card with a first transaction within 30 days to earn the 5,000 welcome EDGE points.
Who should get it, and who shouldn’t
Get it if you spend ₹20,000 or more online every month across shopping, food delivery and subscriptions, and want a card whose rewards grow with that spending.
Skip it if your online spend is under ₹10,000 a month. The 2% first tier makes the card ordinary at low spends, and a flat-rate cashback card will do better.
