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Axis Bank Olympus Credit Card

The Axis Bank Olympus Credit Card is a new premium card made for people who love travel and luxury. You get 1 EDGE Mile for every ₹100 you spend in India and 2 EDGE Miles for every ₹100 you spend abroad. At first, that might not sound like much, but it gets better—each EDGE Mile is worth 4 points when you use them with Axis Bank’s travel partners. So basically, you get 4% back on domestic spends and 8% on international spends. Even after adding the 1.8% + GST foreign transaction fee, you still get about 5.8% value when you spend internationally, which is pretty good. You can also use Travel EDGE to easily book flights and hotels, and transfer up to 7.5 lakh EDGE Miles a year to travel partners.

Apart from the rewards, the card comes with great travel perks. You get unlimited free access to airport lounges in India and abroad, free airport transfers, and concierge help when you need it. If you play golf, you also get 8 free sessions a year, and you can unlock more if you spend ₹50,000 or more in a billing cycle. This Axis Bank Olympus Credit Card was mainly launched for people who had the Citi Prestige card, so it comes with similar features. The annual fee is ₹20,000, and the card is packed with lifestyle and travel benefits, making it a strong option if you’re looking for a high-end credit card.

Credit Card Detail
Joining Fee
Rs. 20000.00 +GST
Renewal Fee
Rs. 20000.00 +GST
Best Suited For
Movies | Travel | Shopping
Reward Type
Reward Points
Welcome Benefits
You’ll get ₹10,000 worth of hotel vouchers from Taj or ITC Hotels when you make your first purchase within 30 days of getting the card. Plus, you’ll receive 2,500 EDGE Miles (worth ₹2,500) after your first spend.
Rewards Rate
You earn 1 EDGE Mile for every ₹100 spent in India and 2 EDGE Miles for every ₹100 spent abroad.
Reward Redemption
You can convert 1 EDGE Mile into 4 partner points, but you need at least 500 EDGE Miles to start redeeming. You can use these miles to book flights, hotels, or experiences through Travel EDGE.
Movie & Dining
Get 30% off on dining (up to ₹1,000) with Axis Dining Delights. Also, enjoy buy one get one free on movie and event tickets with BookMyShow.
Travel
You get free Priority Pass access to airport lounges, along with airport pickup and drop services, and personal help through concierge support.
Golf
You get 8 free golf sessions each year at golf courses within India.
Domestic Lounge Access
You can visit airport lounges as many times as you want, without any limit.
International Lounge Access
Free and unlimited access to international airport lounges through Priority Pass.
Insurance Benefits
N/A
Interest Rates
3.6% interest per month, which adds up to about 52.86% per year.
Spend-Based Waiver
N/A
Rewards Redemption Fee
N/A
Cash Advance Charges
2.5% of the amount, but at least ₹500 will be charged.
Foreign Currency Markup
1.80% +GST
Fuel Surcharge
You don’t have to pay the 1% extra charge on fuel purchases – it's waived off.
Card Details
🏨 Hotel & Travel Benefits
  • Book 3 nights via Hotels.com and get the 3rd night free (up to 2 times a year).
  • ₹10,000 hotel voucher (Taj/ITC) on your first transaction within 30 days.
  • Use EDGE Miles for flights, hotels, and experiences via Travel EDGE.
  • 1 EDGE Mile = 4 partner miles/points (minimum 500 miles to redeem).
✈️ Lounge & Airport Perks
  • Unlimited access to domestic airport lounges in India.
  • Unlimited international lounge access with free Priority Pass.
  • 10 complimentary guest lounge visits per year (domestic + international).
  • 8 free airport concierge services per year (India & abroad).
  • 2 free airport pickups or drops in luxury cars per year (within India).
💳 Rewards Program
  • Earn 1 EDGE Mile per ₹100 spent on domestic transactions.
  • Earn 2 EDGE Miles per ₹100 spent on international transactions.
  • No rewards on fuel, utilities, rent, wallets, education, insurance, or government payments.
Golf Benefits
  • 8 free golf rounds or lessons every year.
  • Get 1 extra golf round for every ₹50,000 spent on the card.
🎟️ Entertainment Offers
  • Movies: Buy 1 Get 1 Free (up to ₹650), twice a month on BookMyShow.
  • Events: Buy 1 Get 1 Free (up to ₹1,000), twice a month on BookMyShow.
💸 Fees & Charges
  • Annual fee: ₹20,000.
  • Forex markup: 2% on foreign currency spends.
  • Cash withdrawal fee: 2.5% or ₹500 (whichever is higher).
  • Overlimit fee: 3% of the exceeded amount (min ₹500).
  • Late payment fee: ₹100 to ₹1,000 depending on bill amount.
Pros/Cons
Pros
- Earn strong rewards, enjoy travel perks like lounge access and airport transfers, and use EDGE Miles flexibly for bookings or partner points.
Cons
- The card has high joining and yearly fees. You don’t earn rewards on things like fuel, insurance, or utility bills. Also, it’s not easy to get, as the eligibility rules are quite strict.
Frequently Asked Questions

How much is the annual fee for the Axis Olympus Credit Card?

The card has a yearly fee of ₹20,000 plus GST, which comes to a total of ₹23,600.

How can I use the EDGE Miles earned on this card?

You can redeem your EDGE Miles by transferring them to airline and hotel partners through the Travel EDGE platform.

Is the Taj Epicure membership limited to just the first year?

No, the Taj Epicure membership gets renewed every year on your card anniversary.

Does the card offer access to airport lounges?

Yes, the Axis Olympus Credit Card gives unlimited access to both domestic and international airport lounges.

What kind of rewards can I expect on spending?

You earn 1 EDGE Mile for every ₹100 spent in India and 2 EDGE Miles for every ₹100 spent abroad. These can be converted for high-value travel rewards.

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