Axis Bank Credit Card Charges and Fees

It’s important to be aware of the different kinds of fees and charges that may be applicable on your Axis Bank Credit Card. This will help you become an informed cardholder and avoid unnecessary fees and charges. 

Some Axis Bank Credit Card fees and charges levied, under various scenarios, are as mentioned below.

• Interest Rate: Axis Credit Card interest rate is the charge on your credit card bill against the balance which is due after the payment due date has passed.

• Late Payment Charges: Axis Bank Credit Card late payment charges are levied against the card when you fail to pay the minimum amount due before the bill due date.

• Annual fees: These yearly charges are levied for owning a credit card. However, not all Axis Bank credit cards have an annual fee. In some cases, the fee is waived off when cardholders surpass a specific spending milestone.  

• EMI Charges: Axis Credit Card EMI charges refer to the processing fee applied on the principal amount when you convert purchases into EMIs.  

• Over Limit Charges: These Axis Bank Credit Card charges are levied when the credit usage on the card overshoots the sanctioned credit card limit.

• ATM Withdrawal Charges: Axis Bank Credit Card ATM withdrawal charges are applied when you use the card to get cash at ATMs. 

• International Transaction Charges: These charges have to be paid against your credit card if you use it to make transactions abroad.

• Fuel Surcharge: This charge is levied when you use your Axis Bank Credit Card to purchase fuel at gas stations.

• Cheque Return or Dishonour Fee: This charge is borne by the defaulter and the payee when a cheque bounces. It could be due to insufficient funds in your account or other technical reasons.

Check out the below table to understand the different fees and charges applicable to your credit card under various circumstances. 

• My Zone Credit Card

The interest-free period starts from the date you make the transaction until the date the payment is due. In this duration, you will not be charged any interest on the outstanding bill until the due date has passed. 

In the case of Axis Bank credit cards, you get an interest-free period of up to 50 days. The total number of interest-free days depends on the date of purchase relative to the date of billing statement generation.

However, if you fail to pay the total credit card due amount, by the deadline, the interest-free period will cease. The same is true if you use your card for cash withdrawals.