Axis Bank Credit Card Interest Rates

Axis Bank is one of the top players in the credit industry. It offers a wide range of credit products and services that cater to people's various needs. One such popular product is the Axis Bank Credit Card. These cards offer multiple rewards and cashback on shopping, travel, lifestyle, and more.

With Axis Bank credit cards, you can enjoy an interest-free period of up to 50 days. The bank does not charge interest on credit card transactions during this time period. However, if the cardholder does not pay off the entire balance by the due date, the interest rate will apply.

Features and Benefits of Axis Bank Credit Cards

Some important features offered are-

Axis Bank Credit Card

Axis Bank Credit Card.png

Credit Limit Increase

Depending on the spending capacity and the frequent transactions, the credit limit will be maximized

Instant Loan

Avail of instant loans at attractive interest rates in a swift way

Bill Payments

  • All kinds of bill payments and recharges can be made via the Axis bank credit cards
  • It also offers credit free period and multiple reward points

Balance Transfer on EMI

An outstanding balance can be transferred to an easy EMI option

Top Axis Bank Credit Cards Interest Rate

Here are some of the interest on Axis Bank credit card-

Credit Card Name

Best Feature

Axis Bank Card Interest Rate

Annual Charges

Flipkart Axis Bank Credit Card

Online Shopping

3.60% per month (52.86% per annum)

Rs 500

Axis Bank Vistara Credit Card

Travel

Rs 1500

Axis Bank ACE Credit Card

Cashback

Rs 499

Axis Bank Neo Credit Card

Online Shopping

Rs 250

Axis Bank SELECT Credit Card

Lifestyle

Rs 3000

Axis Bank MY ZONE Credit Card

Dining and Entertainment

Rs 500

IndianOil Axis Bank Credit Card

Fuel Transactions

Rs 500

Axis Bank Privilege Credit Card

Shopping and Travel

Rs 1500

How to Apply for Axis Bank Credit Card

You can apply for the credit card of Axis Bank by following the steps mentioned below-

Step 1: Visit the Axis Bank official website.

Step 2: Navigate to the apply section.

Step 3: Choose your preferred credit card.

Step 4: Fill in the online application with the mentioned KYC.

You will further receive a confirmation from the bank on successful submission.

Eligibility to Apply

Age

18-70 years

Residential Status

Residents and NRIs

Income

Varies based on the Credit Card

Credit Score

Bank will determine the credit score and history before issuing the credit card

Documents Required to Apply

  • Form 60 or a photocopy of your PAN card.
  • Passport/Ration Card/Electricity Bill/Landline Telephone Bill are acceptable forms of proof residency.
  • Income Proof: Form 16/Latest Payslip/Copy of IT Return.

How to Redeem Axis Bank Credit Card Reward Points

Here’s how you can redeem your reward points-

  • Online

    To redeem your reward points earned on Axis Bank Credit Card, log in to your account and then click on ‘Rewards’.

    Browse through the options, choose the one that suits you to redeem your points and follow the process as instructed on the official website.
  • Customer Care

You can call the Axis Bank Credit Card customer care helpline to redeem your rewards.

When is Axis Credit Card Interest Rate Charged?

If you carry forward the dues or don't make timely payments on your credit cards, Axis Bank will charge you interest. Here are some examples of situations in which the bank will charge you interest on your credit card-

Carrying the Debt Forward

If the client carries the balance forward to the following statement cycle, the credit card interest rate is applied to the outstanding balance.

Cash Withdrawal

The Axis Bank CC interest rate would be applied from the date the cash is withdrawn until the balance is paid off.

Partial Payment

If the consumer does not pay the whole amount, the interest rate will be applied. In this case, the required interest is the sum of the following amounts-

  • Interest is calculated on the entire amount from the date of the transaction to the date of partial payment.

  • Interest is also calculated on the outstanding amount after the partial payment date until the next statement generation/payment date.

Axis Bank Interest-Free Periods

Axis Bank offers its cardholders an interest-free period ranging from 20 to 50 days. The amount of interest-free days you receive is determined by the purchase date in relation to the statement-generating date. During this time, you are not required to pay the interest on your purchases. 

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