Axis Bank SELECT Credit Card
The Axis Bank SELECT Credit Card is a lifestyle card with a joining fee of Rs. 3,000. It gives rewards and benefits on travel, dining, shopping, and entertainment. This makes it an attractive option for those who want extra perks while managing their everyday expenses. One of its key highlights is the complimentary Priority Pass membership, which provides access to both domestic and international airport lounges, making travel more comfortable. Cardholders also enjoy dining discounts through partnered restaurants and offers on Swiggy, adding more value to their dining experiences.
For frequent spenders, the card offers additional rewards, such as accelerated points on retail purchases and milestone bonuses. If you spend Rs. 8 lakh in a year, you can get a renewal fee waiver. With these features, the Axis Bank SELECT Credit Card stands out as a competitive option in the lifestyle category, providing a host of exclusive benefits and privileges.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Key Considerations Before Applying for a Credit Card in India:
- Eligibility Criteria: Ensure you meet the eligibility requirements, which typically include age, income, credit score, and employment status as defined by the issuing bank or financial institution.
- Credit Score: A strong credit score can significantly improve your chances of approval and result in more favorable terms, such as lower interest rates or higher credit limits. Verify that your credit score is healthy before applying.
- Interest Rates and Fees: Compare the annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction charges associated with various cards. These costs can vary widely and impact the overall value of the card.
- Rewards and Benefits: Evaluate the rewards, cashback, discounts, or other perks offered by the card to ensure they align with your spending patterns. Some cards may provide better benefits in specific categories, such as travel, shopping, or dining.
- Credit Limit: Review the credit limit offered by the card to ensure it meets your financial needs. Avoid applying for cards with excessive limits if you are concerned about managing debt, as this can lead to higher interest charges.
- Repayment Terms: Understand the repayment structure, including the minimum payment amount, payment due dates, and any associated penalties. Being clear about these terms can help you manage payments effectively and avoid interest buildup.
- Card Type and Features: Choose a card type that matches your specific needs—whether standard, premium, or specialized cards like those offering travel rewards or dining privileges. Ensure the features of the card align with your lifestyle and spending habits.
- Bank’s Reputation: Opt for a financial institution with a proven reputation for customer service and transparency. Consider researching customer reviews and assessing their support channels to ensure reliable service.
- Hidden Charges: Be aware of any hidden fees, including annual fees, balance transfer charges, foreign transaction fees, or cash withdrawal charges. These can add up over time and affect the overall cost-effectiveness of the card.
- Credit Utilization: Maintain a balance within your credit limit to avoid high credit utilization ratios, which can negatively impact your credit score. Responsible use of credit is essential for maintaining financial health.
- Long-Term Financial Plans: Consider how the credit card fits into your overall financial strategy. Avoid accumulating unnecessary debt and choose a card that supports your long-term financial goals without adding financial strain.
Axis Bank Select Credit Card: Features & Benefits, Eligibility & Charges
The Axis Bank Select Credit Card is one of the most preferred sub-premium credit cards in India. It is designed for users who want a balanced mix of rewards, travel privileges, dining offers, and lifestyle benefits without paying the high annual fees of premium cards. The card delivers strong value across everyday spending, international travel, online shopping, and entertainment. This SEO-friendly guide covers all features, benefits, fees, eligibility, and important details you should know before applying for the Axis Bank Select Credit Card.
Reward Points & Redemption
The reward program is one of the biggest advantages of this card. Axis Bank offers EDGE Rewards that can be earned on almost every category of spend.
Reward Earning Structure
- 20 EDGE Points per ₹200 on monthly spends up to ₹20,000
- 10 EDGE Points per ₹200 once you cross ₹20,000 in a month
Some transactions do not earn reward points—fuel, government services, education fees, insurance payments, gold purchases, wallet loads, and utility bills.
Reward Rate
- Up to 2% on the first ₹20,000 of monthly spend
- 1% after ₹20,000
Reward Redemption
EDGE Points can be redeemed for shopping vouchers, travel vouchers, flight and hotel bookings, lifestyle products, electronics, and accessories through the EDGE Rewards portal.
Points can also be transferred to partner airlines and hotels at:
- 5:1 ratio for ITC, SpiceJet, and AirAsia
- 10:1 ratio for all other partners
A maximum of 5,00,000 reward points can be transferred per calendar year per customer ID. Only one customer ID can be linked to a partner loyalty program at a time.
Travel Benefits
International Lounge Access
- 12 complimentary international airport lounge visits per year through Priority Pass
- Priority Pass renewal requires ₹3 lakh annual spends
Domestic Lounge Access
- 2 complimentary domestic airport lounge access per quarter
- ₹50,000 spend required in the last 3 months to qualify
BigBasket Discount
The Axis Bank Select Credit Card offers a flat ₹500 discount on a minimum order of ₹2,500 on BigBasket once every month. You can save up to ₹6,000 yearly. Use coupon code AXISSELECTCC to avail the offer. Payment must be made using the Select Credit Card.
Dining & Food Delivery Benefits
Dining Delights
- Up to 25% discount (maximum ₹800) at partner restaurants when paying through the Select Credit Card
Swiggy Discount
- Flat ₹200 off on Swiggy twice a month
- Minimum order: ₹1,000
- Use code AXIS200
Movie Benefits
Get a Buy 1 Get 1 Free offer on movie tickets when you book through the District app. You can get up to ₹250 off two times each month. You need to book at least two tickets to use this offer.
Welcome Benefits
Axis Bank offers 10,000 EDGE Reward Points on the first transaction within 30 days. Points worth ₹2,000. Applicable only when joining fee is paid.
Milestone Benefits
- 5,000 bonus EDGE Points on ₹3 lakh annual spends
- Annual fee waiver on ₹8 lakh yearly spends
- Priority Pass renewal on ₹3 lakh annual spends
Golf Benefits
- 6 complimentary golf rounds per year
- 6 additional rounds on ₹3 lakh annual spends
Insurance Coverage
- Purchase protection up to ₹1 lakh
- Travel insurance up to USD 500 for lost documents and baggage issues
Fees & Charges
| Fee Type | Charges |
|---|---|
| Joining / Annual Fee | ₹3,000 + GST (≈ ₹3,540) |
| Finance Charges | 3.75% per month (55.55% yearly) |
| Forex Markup | 3.5% |
| Cash Advance Fee | 2.5% (min ₹500) |
| Cash Deposit Fee | ₹175 |
| Skill Gaming Fee | 1% on transactions above ₹10,000 |
Eligibility Criteria
- Age: 18–70 years
- Resident of India
- Minimum annual income: ₹6 lakh
Credit Limit
The credit limit is usually above ₹2 lakh but varies based on income, credit score, and repayment history. Users can request a limit increase through customer care or by visiting a branch.
Card Activation & PIN Generation
- Generate PIN via Axis Internet Banking
- Use Axis Mobile App
- Call customer care for OTP verification
- Generate PIN at ATM
Axis Bank Select Credit Card Review
The Axis Bank Select Credit Card is a well-balanced lifestyle card offering travel perks, dining discounts, reward points, and milestone benefits. It is suitable for users spending around ₹20,000 monthly. With strong lounge access, BigBasket savings, Swiggy discounts, and movie benefits, the card provides long-term value for mid-range users seeking rewards and lifestyle privileges.
How do I pay my Axis Bank SELECT Credit Card bill?
You can pay online through Net Banking, Auto-Debit, the Axis Mobile App, or at a bank branch.
Are there special benefits for Burgundy members?
Yes, Burgundy members don’t need to pay joining or annual fees for this card.
Can non-Burgundy customers apply?
Yes, but they need to pay a Rs. 3,000 joining fee and an annual fee if approved.
How can I increase my credit limit?
Request the bank to review your credit history. If they approve, your limit will increase.
How many free golf rounds can I get if I spend Rs. 3 lakhs in a year?
You can enjoy 12 free golf rounds by spending Rs. 3 lakh in a year with your Axis Bank SELECT Credit Card.
Do I earn EDGE Points on fuel purchases?
No, fuel purchases don’t earn EDGE Points.
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