Axis Bank Credit Card Charges and Fees

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.

Types of Fees & Charges on Axis Credit Cards

Some of the Axis Bank credit card fees and charges levied on cards, under various scenarios, is mentioned below-

  1. Axis credit card interest rate- This is the charge on your credit card bill against the balance which is due after the payment due date has passed.

  2. 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.

  3. 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.

  4. 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.

  5. Axis Bank credit card over limit charges- These Axis bank credit card charges are levied when the expenses on the card overshoot the credit limit on your card.

  6. 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 It is calculated as a per cent of the total amount withdrawn from the ATM.

  7. 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.

  8. 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.

  9. 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)

Charges and Fees of Top Axis Credit Cards

  • My Zone Credit Card

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

  • NEO Credit Card

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

  • Indian Oil Axis Bank Credit Card

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

What is Interest Free Period?

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.

Why Choose an Axis Credit Card from Finserv MARKETS?

There are multiple reasons to choose Finserv MARKETS to apply for Axis Bank Credit Cards:

  • Rewards & Discounts

Getting an Axis Bank Credit Card on Finserv MARKETS comes with a lot of rewards and benefits. Apply for Credit Cards and choose from multiple cards loaded with offers.

  • One Platform, Many Cards

Get the option of applying for not just one, but multiple Axis Bank Credit Cards at Finserv MARKETS. Whether it’s a Credit Card that offers discount vouchers or the one that saves on your fuel expenses, we have it all!

  • Joining Benefits

Enjoy joining benefits on your Axis Bank Credit Cards at Finserv MARKETS as soon as you get one. Avail amazing discounts from top e-commerce websites, cashback and fuel surcharge waivers and much more. If you are a student, you can avail exciting offers on Student Credit Cards.

  • Convert Purchases into EMIs

Easily convert purchases from your Axis Bank Credit Card into convenient EMIs. Apply for an Axis Bank Credit Card online today.

  • Stringent Security Measures

Your Axis Bank Credit Card ensures safety against fraud. Apply online and avail the best credit card for you now!

Frequently Asked Questions

  • ✔️What are the finance charges on Axis Credit Card?

    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.

  • ✔️What are the different Fees & Charges on Axis Credit Cards?

    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