Cards / Axis

Joining fee

₹12,500

Annual fee

₹12,500

Waiver spend

₹25,00,000

Forex markup

2%

Fee waiver

Spend ₹25,00,000 in a card year and the next annual fee is waived. Spends on fuel, insurance, rent, utilities, wallet loads do not count.

That is about ₹2,08,333 a month.

Work out what you still need to spend

Recent changes

• 15 November 2026Neutral

  Complimentary memberships linked to the card will be renewed only with the cardholder's explicit consent.

  Source

• 23 September 2026Worse for you

  Travel EDGE transfer partners reshuffled: Air India, Flying Blue and Qantas moved to the capped Group A, ITC Hotels removed, Accor returns at a lower ratio, and Lufthansa, Cathay and Hilton added.

  Source

• 28 August 2026Worse for you

  Dynamic currency conversion markup rises from 1.5% to 3.5% on most cards, 2% on Magnus and 1.8% on Olympus.

  Source

• 28 August 2026Neutral

  Priority Pass is no longer accepted at domestic lounges in India; the credit card itself must be used.

  Source

• 2 April 2026Worse for you

  Accor, Marriott Bonvoy and Qatar Airways were dropped as transfer partners without notice, with Finnair and Vietnam Airlines added.

  Source

All card changes in 2026

Work it out for this card

How the app counts rewards

• 12 EDGE Reward Points per ₹200 on rent, first ₹50,000 a month only (1% rent fee applies)
• 12 EDGE Reward Points per ₹200 (35 on spends above ₹1.5 lakh in a calendar month)

No rewards on fuel, insurance, utilities, wallet loads.

Airport lounges

• Domestic: Unlimited visits
• International: Unlimited visits

Unlimited domestic visits after ₹50,000 spend in the previous 3 calendar months; unlimited international visits through Priority Pass, plus 4 guest visits a year

Points

EDGE Reward Points, worth about ₹0.2 each on the usual redemption.

Transfer partners: Accor Live Limitless (5:2), Air Canada Aeroplan (5:2), Ethiopian Airlines ShebaMiles (5:2), Etihad Guest (5:2), JAL Mileage Bank (5:2), Marriott Bonvoy (5:2), Qatar Airways Privilege Club (5:2), Singapore Airlines KrisFlyer (5:2), Turkish Airlines Miles&Smiles (5:2), Thai Airways Royal Orchid Plus (5:2), United MileagePlus (5:2), Wyndham Rewards (5:2), Air France-KLM Flying Blue (5:2), Air India Maharaja Club (5:2), AirAsia (5:2), ITC Club ITC (5:2), IHG One Rewards (5:2), Qantas Frequent Flyer (5:2), SpiceJet SpiceClub (5:2)

Who can apply

• Age 18 to 70
• Salaried: income of ₹24,00,000 a year or more
• Self-employed: income of ₹24,00,000 a year or more

Resident of India; net salary or ITR income of ₹24 lakh a year

Published minimums. Approval is the bank's decision.

Checked against the bank's terms. Banks change terms often, so check the latest terms before applying.

Taken from the bank's page. Rules data version 2026.10.04.

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