The Axis Bank Credit Card is a diverse payment system that allows you to manage your finances effortlessly. You can use it to shop, pay bills, withdraw cash, avail loans, earn and redeem rewards, and do so much more. However, owning and using it entails a few fees and charges.
Some of the Axis Bank credit card fees and charges levied on cards, under various scenarios, is mentioned below-
Axis credit card 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.
Axis Bank credit card late payment charges- The Axis bank credit card late payment charges are levied against your card when you fail to pay the minimum amount due against your outstanding bill before the close of the payment due date.
Axis Bank credit card annual fees- The Axis Bank credit card yearly charges are levied annually for owning a credit card. However, not all Axis Bank credit cards have an annual fee. Also, in some cases, the annual fee is waived off when spends worth a certain value are made on the card.
Axis Bank credit card EMI charges- Axis credit card EMI charges refer to the processing fee charged on your principal amount when you opt to convert the cost of your purchase into EMI.
Axis Bank credit card over limit charges- These Axis bank credit card charges are levied when the expenses on the card overshoot the credit card limit.
Axis Bank credit card ATM withdrawal charges- Axis Bank credit card ATM withdrawal charges are levied when you use your credit card to get cash at an ATM. It is calculated as a per cent of the total amount withdrawn from the ATM.
Axis Bank credit card international transaction charges- These charges have to be paid against your credit card if you use it to make transactions abroad.
Axis Bank credit card fuel surcharge- This charge is levied when you use your Axis Bank credit card for purchasing fuel at a fuel pump.
Axis Bank Credit Card charges for cheque return or dishonour Fee- This charge is borne by both the defaulter and the payee when a cheque bounces. It could be due to insufficient funds in your account or other technical reasons.
Category |
Amount |
Annual fee |
Varies from card to card |
Cash Payment Fee |
INR 100/- |
EMI charges |
1.5% (Monthly Reducing Balance)- Post Purchase 14% p.a. for 1 Year (Merchant) Zero cost EMI option available |
Interest rate (Retail Purchases & Cash) |
Max. 3.4% p.m. |
ATM Cash Withdrawal Fees |
2.5% /Min. INR 500; Nil for some cards |
Overdue Penalty or Late Payment Fee |
If the amount is less than INR 100- Nill If amount is between INR 101 and INR 300- INR 100 If amount is between INR 301 and INR 1000- INR 300 If amount is between INR 1001- INR 5000- INR 500 If amount is between INR 5001- INR 10000- INR 600 If amount is over INR 10000- INR 700 |
Over Limit Penalty |
3% of the over-limit amount (Min. INR 500) |
Cheque return or dishonour Fee or Auto-debit Reversal |
2% of the payment amount (minimum INR 450) |
Fuel Transaction Surcharge |
1% of the transaction amount |
Foreign Currency Transaction Fee |
3.50% of the amount (maximum) |
Types of Axis Credit Card Charges and Fees |
Amount |
Joining fee |
INR 500 Waived upon spends of INR 5,000 in 45 days |
Annual Fee |
1st Year: Nil; 2nd Year onwards: INR 500 |
Add-on card joining fee |
Nil |
Add-on card annual fee |
Nil |
Types of Axis Bank Card Charges and Fees |
Amount |
Joining fee |
INR 250 waived upon spends of Rs. 2500 in 45 days |
Annual Fee |
INR 250 |
Add-on card joining fee |
Nil |
Add-on card annual fee |
Nil |
Types of Axis Bank Credit Card Fees and Charges |
Amount |
Joining fee |
INR 500 |
Annual Fee |
2nd year onwards: INR 500 (waived on spends of INR 50,000 in a year) |
Add-on card joining fee |
Nil |
Add-on card annual fee |
Nil |
Interest-free period is the time duration between the date you make the transaction and the date when the payment is due when you are not charged interest on the outstanding bill. 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 statement generation.
However, if you fail to pay the total credit card due amount, by the due date, you would not have an interest-free period. The same is true if you use your card for cash withdrawals.
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Easily convert purchases from your Axis Bank Credit Card into convenient EMIs. Apply for an Axis Bank Credit Card online today.
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The finance charges on Axis bank credit cards varies according to the type of card. For cards such as Axis MY ZONE Credit Card, Neo Credit Card, etc., the finance charges are 3.25% p.m. / 46.78% p.a.
The different Axis Bank credit card charges and fees are as follows-
Axis credit card finance charges
Axis Bank credit card late payment charges
Axis Bank credit card annual fees
Axis Bank credit card EMI charges
Axis Bank credit card over limit charges
Axis Bank credit card ATM withdrawal charges
Axis Bank credit card international transaction charges
Axis Bank credit card fuel surcharge
Axis Bank Credit Card cheque return or dishonour fee