Axis Bank Select Credit Card: Comprehensive Benefits for Frequent Spenders

Introduction

The Axis Bank Select Credit Card is a premium credit card designed for frequent spenders, offering a multitude of benefits across various categories like travel, retail, groceries, and dining. With an annual fee of just INR 3000, this card provides excellent reward rates and additional perks that justify its cost. This article delves into the features, benefits, fees, and application process for the Axis Bank Select Credit Card.

Highlights of the Axis Bank Select Credit Card

• Category: Rewards, Travel, and Shopping benefits
• Joining Fee: INR 3000
• Rewards: 20% off on Big Basket, 40% off on Swiggy, Golf Privileges, Airport Lounge Access

Features and Benefits

The Axis Bank Select Credit Card stands out in the premium category with numerous privileges and discounts in areas such as dining, travel, and insurance. Here are some of the key features:

• Welcome Offer: Receive an Amazon coupon worth INR 2000 upon making the first transaction within 90 days of card receipt.
• Reward Points: Earn EDGE points on every transaction. Double EDGE points on retail purchases.
• Discounts on Big Basket: Get a 20% discount up to INR 500 on Big Basket with a minimum purchase of INR 2000.
• Swiggy Discounts: Enjoy a 40% discount up to INR 200 on Swiggy orders above INR 400, twice a month.
• Milestone Rewards: Earn EDGE points by spending INR 3 lakh in an anniversary year. Annual fee waiver on spending INR 6 lakh in a year.
• Golf Privileges: Six complimentary golf rounds per year, plus three additional rounds for spending INR 6 lakh annually.
• Travel Insurance: Coverage up to INR 1 lakh for travel delays and lost baggage.
• Airport Lounge Access: Priority membership with six international lounge visits per year. Quarterly domestic lounge visits.
• Dining Discounts: Up to 20% discounts with partner dining establishments.
• BookMyShow Offer: Get INR 300 off on the second ticket when booking through BookMyShow.
• Concierge Services: 24/7 concierge for services like gift delivery and travel booking.
• Zero Liability Protection: No liability for fraudulent transactions if the lost card is reported promptly.
• Insurance Benefits: Coverage for card loss, purchase protection, and lost travel documents.

Charges and Fees

• Joining Fee: INR 3000
• Annual Fee: INR 3000
• Interest Rate: 52.86% p.a.

Late Payment Charges:

• Nil for amounts up to INR 100
• INR 100 for amounts between INR 301 and INR 500
• INR 500 for amounts ranging from INR 501 to INR 10,000
• INR 750 for amounts ranging from INR 10,001 to INR 25,000
• INR 1000 for amounts ranging from INR 25,001 to INR 50,000
• INR 1000 for amounts over INR 50,000

Eligibility Criteria

• Age: 18 to 70 years
• Income: More than INR 9 lakh per annum
• Occupation: Self-employed or salaried

Required Documents

• Proof of Identity: Passport, Driving Licence, Aadhaar Card, PAN Card, passport-sized photograph
• Address Proof: Utility bills, Aadhaar card, passport
• Income Proof: Recent payslips/bank statements, Form 16, latest ITR

How to Apply for the Axis Bank Select Credit Card

Online Application:

• Click the “Apply” button on the Axis Bank website.
• Select the desired credit card option.
• Fill in the required details and submit the form.

Offline Application:

• Visit the nearest Axis Bank branch.
• Request assistance from a bank representative to fill out the application form.
• Submit the completed form along with the required documents.

Pros and Cons of Axis Bank Select Credit Card

Pros:

• Rs. 200 off on Swiggy orders twice a month
• Complimentary lounge access and golf privileges

Cons:

• No reward points on fuel transactions
• High joining fee of Rs. 3000 plus taxes

Should You Get This Card?

The Axis Bank Select Credit Card is a popular choice in the premium category, especially for those who frequently shop or travel. Consider this card if you:

• Prefer offline spending
• Travel frequently and use airport lounges
• Can spend INR 6 lakh annually to qualify for the annual fee waiver

FAQs

What is the joining fee for the Axis Bank Select Credit Card?

The joining fee for the Axis Bank Select Credit Card is INR 3000.

What are the key benefits of the Axis Bank Select Credit Card?

The Axis Bank Select Credit Card offers various benefits, including a 20% discount on Big Basket, 40% off on Swiggy orders, complimentary golf rounds, airport lounge access, travel insurance, and significant dining discounts.

How can I earn rewards with the Axis Bank Select Credit Card?

You can earn EDGE points on every transaction made with the Axis Bank Select Credit Card, with double EDGE points on retail purchases. Additionally, milestone rewards include earning EDGE points by spending INR 3 lakh in an anniversary year, and an annual fee waiver on spending INR 6 lakh in a year.

What are the eligibility criteria for the Axis Bank Select Credit Card?

To be eligible for the Axis Bank Select Credit Card, applicants must be between 18 to 70 years old, have an annual income of more than INR 9 lakh, and can be either self-employed or salaried.

How can I apply for the Axis Bank Select Credit Card?

You can apply for the Axis Bank Select Credit Card online by visiting the Axis Bank website, selecting the desired credit card option, filling in the required details, and submitting the form. Alternatively, you can apply offline by visiting the nearest Axis Bank branch, requesting assistance from a bank representative, and submitting the completed application form along with the required documents.