Cards / Axis

Joining fee

₹1,500

Annual fee

₹1,500

Waiver spend

₹5,00,000

Forex markup

3.5%

Fee waiver

Spend ₹5,00,000 in a card year and the next annual fee is waived. Spends on education, fuel, insurance, rent, utilities, wallet loads do not count.

That is about ₹41,667 a month.

Work out what you still need to spend

Recent changes

• 1 November 2026Worse for you

  The District buy one get one movie offer will need spends of Rs 25,000 in the previous 3 months.

  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

All card changes in 2026

Work it out for this card

How the app counts rewards

• 10 EDGE Reward Points per ₹200

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

Airport lounges

• Domestic: 2 visits a quarter

Select domestic airport lounges; needs ₹50,000 spend in the previous 3 calendar months

Points

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

Who can apply

• Age 18 to 70

Resident of India

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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