Cards / Axis

Joining fee

₹3,000

Annual fee

₹3,000

Waiver spend

₹8,00,000

Forex markup

3.5%

Fee waiver

Spend ₹8,00,000 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 ₹66,667 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

• 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

• 1 October 2026Worse for you

  Spends in non-reward categories such as rent, fuel, insurance, utilities, wallet, education and gift cards no longer count toward the Rs 3 lakh annual milestone.

  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

All card changes in 2026

Work it out for this card

How the app counts rewards

• 20 EDGE Reward Points per ₹200 at department and clothing stores (first ₹20,000 a month)
• 20 EDGE Reward Points per ₹200 at grocery stores (first ₹20,000 a month)
• 10 EDGE Reward Points per ₹200

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

Airport lounges

• Domestic: 2 visits a quarter
• International: 6 visits a year

Domestic access needs ₹50,000 spend in the last 3 months; Priority Pass gives 6 international visits a year, 6 more after ₹3 lakh spend

Points

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

Who can apply

• Age 18 to 70
• Salaried: income of ₹6,00,000 a year or more
• Self-employed: income of ₹6,00,000 a year or more

Net income at least ₹6 lakh a year; fees nil for Burgundy customers

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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