Verified value
₹0.2 per point
Headline redemption
Should you get this?
Conditional fit
Why this card
- Unlimited lounge access is a clear travel strength.
- Forex markup is low at 2%.
- You use airport lounges often.
Trade-off
The annual fee (₹12,500) is waived only after ₹25,00,000 of eligible annual spend.
Annual fee ₹12,500 per year
Rewards 6 pts / ₹100
Lounge access ∞ unlimited domestic
Forex markup 2% high
Compare with ICICI Bank Emeralde →
Similar tier comparison
Rewards
Earning rules
Detail · from the summary aboveScopeRateEligibilityLimit
General spend6 pts / ₹100——
Redemption value
What a Reward Point is worth
Transfers
Partner transfers at 5:2 (standard) or 5:4 (Burgundy)
Annual fee break-even math
When does this card pay for itself ₹10.4L
Conservative yearly spend needed at the ₹0.20-per-point ranking floor.
Reward reality — the earning-rate detail behind the numbers above
Reward reality
Conclusion · what you actually getBase earn
6 points per ₹100 (~1.2% base (conservative redemption))
Costs & fees
Spending requirements
Spend gates · caps · milestone thresholdsRequirementAmountPeriodUnlocksRealismStrength
Annual fee waiver₹25,00,000yearAnnual fee waiverbehavior distortingstrong
Lounge access spend gate₹50,000period not specifiedLounge eligibilitytrivialstrong
Watch outs
Before choosing this card- Annual fee is ₹12,500, so value depends on actual usage.
- Fee waiver requires ₹25,00,000 annual spend.
Estimated usage
Example usage at this monthly spend
₹
- At this monthly spend, you'd earn: ~3,000 pts/month (base earn · uses base/general earn rate)
- Fee waiver unlikely at this spend
- Forex cost ~₹1,000 per ₹50k international spend
Illustrative only, using current base rates and snapshot data.
Benefits & charges
Side-by-side factsBenefits
Lounge Access
- Domestic (cardholder)
- Unlimited Condition: ₹50,000 spend (issuer terms apply)
7 sources agree · verify issuer terms before applying
Where to verify
- Axis official page
- CardInsider
- BankBazaar
- Issuer site (verify current terms) , opens external site
- Issuer site (verified manually) , opens external site
- International (cardholder)
- Not included International details not available.
7 sources agree · verify issuer terms before applying
Where to verify
- Axis official page
- CardInsider
- BankBazaar
- Issuer site (verify current terms) , opens external site
- Issuer site (verified manually) , opens external site
- Guest access
- 4 per year
Lounge network
Rewards
- Points per ₹100
- 6 points per ₹100 value depends on redemption
- Effective return (honest floor)
- ~1.2% base (conservative redemption) · verified 5 Jul 2026 Conservative redemption floor; best documented path is not ranked on.
- Headline point value
- ₹0.20 per Reward Point (Headline redemption) · verified 5 Jul 2026 Operator-verified headline rate — full channel grid in Redemption value.
Fees & charges
Fees
- Annual fee
- ₹12,500
- Joining fee
- ₹12,500 · verified 11 Jul 2026
- Fee waiver spend
- ₹25,00,000 Above catalog median waiver (₹2,00,000 vs ₹25,00,000).
- Interest-free period
- Up to 50 days · verified 7 Jul 2026
International Use
- Forex markup
- 2%
2 sources agree · verify issuer terms before applying
Where to verify
- CardInsider
- Operator-verified anchor
- Issuer site (verify current terms) , opens external site
- Product tier
- Super-premium
Travel & perks
Fuel Benefits
At the pump- 1% fuel surcharge waived on transactions ₹400–₹4,000.
- Maximum waiver ₹400 per statement cycle.
- Fuel transactions do not earn reward points.
Fine print & compare
Compare with similar cards
Similar tier · similar benefitsThe fine print
Caps · exclusions · earning · redemption · last refreshLatest update
- Annual fee: ₹12,500.
- Forex markup currently listed at 2%.
- Unlimited domestic lounge.
Common questions
From verified card factsIs this good for lounge access?
Unlimited domestic lounge access. Check current spend criteria, guest rules, visit caps, and airport acceptance before relying on it.
Is this good for international spends?
Forex markup is 2%, which can be useful for international spends if the annual fee and usage pattern still make sense.
Is the annual fee easy to recover?
Fee waiver applies at ₹25,00,000 annual spend. Verify eligible spend exclusions before counting on it.
When do welcome benefits arrive?
A welcome benefit worth ₹12,500 is listed, but timing may depend on joining fee payment, card activation, first eligible transaction, or issuer processing.
Learn more
Guides matched to this card — not a random syllabus.
- Priority Pass
Membership, visits and issuer rules - EDGE Rewards
Miles vs points under one programme - Forex markup bands
0% vs 3.5% — which cards publish what