What is the annual fee of the Axis Bank Freecharge Plus Credit Card?

Rs 350 a year, before GST. It is waived if you spend Rs 50,000 in a year.

What is the forex markup on the Axis Bank Freecharge Plus Credit Card?

3.5% of each foreign-currency transaction, before GST.

Which spends earn no rewards on the Axis Bank Freecharge Plus Credit Card?

Fuel, wallet, cash, EMI, gift cards, jewellery, rent; transactions under Rs 100

M16S / Axis Bank / Axis Bank Freecharge Plus Credit Card

entry · cashback, cobrand

Axis Bank Freecharge Plus Credit Card

Axis Bank · with FreechargeLast checked 31 Oct 2026invite-only

The Axis Bank Freecharge Plus Credit Card costs Rs 350 a year, waived if you spend Rs 50,000 in a year. Its base return is 1% (1% cashback on all other spend). Accelerated earn: 5% cashback on Freecharge spend; 2% on local commute. The forex markup is 3.5%. Read from the issuer's documents and an aggregator on 31 Oct 2026.

Annual fee: Rs 350+ GST
Fee waived at: Rs 50,000annual spend
Base return: 1%
Forex markup: 3.5%
Interest: 3.75%a month

Fees

Joining fee	Rs 350
Annual fee	Rs 350
Annual spend that waives the fee	Rs 50,000
Fee notes	Joining fee Rs 350; annual fee nil in year 1, Rs 350 from year 2, waived on Rs 50,000 spend in the preceding card anniversary year; rent and wallet loads do not count (issuer page).

Rewards

Welcome benefit	None for cards issued on or after 4 Jan 2023 (the earlier Rs 700 voucher offer no longer applies)
Reward currency	Cashback
Base earn	1% cashback on all other spend
Base return	1%
Accelerated earn	5% cashback on Freecharge spend; 2% on local commute
Spends that earn nothingunverified	Fuel, wallet, cash, EMI, gift cards, jewellery, rent; transactions under Rs 100
Reward notes	base_return_pct = 1% base cashback (issuer page). Issuer value chart puts total value at about 2.59% on Rs 1.1 lakh annual spend.

Travel and perks

Forex markup	3.5%
Fuel surcharge waiver	None (MITC)
Other freebies	Dining Delights; Wednesday offers

Charges and eligibility

Interest per month	3.75%
Late payment fee	Nil up to Rs 500 due; Rs 500 (501-5,000); Rs 750 (5,001-10,000); Rs 1,200 (10,001-50,000); Rs 1,300 above 50,000; plus Rs 100 per cycle if minimum due is missed two cycles running
Cash advance fee	2.5% of amount, min Rs 500
Eligibility	Invite only: eligible customers see a banner in the Freecharge mobile app
Fine-print notes	Product page read 2026-10-12 confirms fees, waiver, cashback tiers, 3.5% forex and 3.75% interest. Cashback exclusions are in a linked T&C not read; the list in reward_exclusions is aggregator-sourced. Conflicts resolved from issuer page read 2026-10-12: status: old 'closed-to-new' (aggregator page of 19 May 2026 marks it discontinued) -> issuer page read 2026-10-12 is live and describes an invite-only model through the Freecharge app; set to invite-only \| joining fee: aggregator said nil -> issuer page says Rs 350 (matches MITC)

Questions

What is the annual fee of the Axis Bank Freecharge Plus Credit Card?: Rs 350 a year, before GST. It is waived if you spend Rs 50,000 in a year.
What is the forex markup on the Axis Bank Freecharge Plus Credit Card?: 3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the Axis Bank Freecharge Plus Credit Card?: Fuel, wallet, cash, EMI, gift cards, jewellery, rent; transactions under Rs 100