M16S / Axis Bank / Axis Reserve Credit Card
super-premium · rewards, travel
Axis Reserve Credit Card
The Axis Reserve Credit Card costs Rs 50,000 a year, waived if you spend Rs 35,00,000 in a year. Its base return is 3% (15 EDGE RP per Rs 200). Accelerated earn: 2X (30 RP per Rs 200) on international spend. The forex markup is 1.5%. Abroad: Unlimited via complimentary Priority Pass membership (issuer page). Read from the issuer's documents and an aggregator on 31 Oct 2026.
- Annual fee
- Rs 50,000+ GST
- Fee waived at
- Rs 35,00,000annual spend
- Base return
- 3%
- Forex markup
- 1.5%
- Interest
- 3%a month
What changed on this card
- Axis Priority Pass and hotel memberships need consent from 15 Nov 2026
From 15 November 2026, Axis Bank renews Priority Pass and hotel memberships on 9 premium cards only if the cardholder gives explicit consent.
- Axis Bank stops rewards on bridge fees, road fees and tolls, August 2026
From 28 Aug 2026 spends on bridge fees, road fees and tolls earn no rewards or cashback on these Axis Bank cards. Gift card purchases move to their own spend category and still earn nothing. Source: Axis Bank, campaign.axis.bank.in, read 28 Oct 2026
- Axis Bank ends Priority Pass use at Indian domestic lounges, August 2026
From 28 Aug 2026 the Priority Pass card is not valid for domestic airport lounges in India. Holders present the Axis card itself. Priority Pass stays valid at international lounges. Source: Axis Bank, campaign.axis.bank.in, read 28 Oct 2026
- Axis Bank sets a Rs 1,300 late fee on dues of Rs 50,000 and above, August 2026
From 28 Aug 2026 the late payment fee is INR 1,300 for outstanding balances of INR 50,000 and above. Below INR 50,000 the fee is unchanged. Source: Axis Bank, campaign.axis.bank.in, read 28 Oct 2026
- Axis Bank ends Reserve offers on Oberoi hotels from October 2025
The Reserve product page states that offers on Oberoi hotels and resorts are discontinued with effect from 1 Oct 2025. Source: Axis Bank, axis.bank.in, read 28 Oct 2026
- Axis Bank can forfeit unredeemed EDGE points 30 days after card closure, Oct 2025
From 1 Oct 2025 Axis Bank reserves the right to forfeit unredeemed EDGE Reward Points and EDGE Miles 30 days after card closure, or when the minimum amount due is outstanding for more than 90 days. Source: Axis Bank, axis.bank.in, read 28 Oct 2026
- Axis Bank caps Reserve 2X international earn at the credit limit, June 2025
From 20 Jun 2025 the RESERVE card earns 30 points per INR 200 on international spends up to the credit limit a calendar month. Beyond that it earns 15 points per INR 200. Source: Axis Bank, axis.bank.in, read 28 Oct 2026
- Axis Bank adds 1% fees on wallet, fuel, utility, education and gaming, Dec 2024
The MITC lists a 1% fee applicable from 20 Dec 2024 on wallet loads from INR 10,000, fuel from INR 50,000, utilities from INR 25,000 and online skill-based gaming from INR 10,000 per statement cycle, and on third-party app education payments. Source: Axis Bank, axis.bank.in, read 28 Oct 2026
- Axis Bank caps Reserve points transfers by partner group, April 2024
From 20 Apr 2024 RESERVE holders can transfer at most 1 lakh EDGE Reward Points a calendar year to Group A partners and 4 lakh to Group B partners. Source: Axis Bank, axis.bank.in, read 28 Oct 2026
- Axis Bank Reserve stops points on insurance, fuel, gold and wallet, April 2024
From 20 Apr 2024 spends on insurance, fuel, gold/jewellery and wallet earn no EDGE Reward Points on the RESERVE card. Insurance, fuel and gold also stop counting towards the annual fee waiver. Source: Axis Bank, axis.bank.in, read 28 Oct 2026
- Axis Bank ends the Reserve 50,000 point annual benefit, April 2024
From 20 Apr 2024 the annual benefit of 50,000 EDGE Reward Points on the RESERVE card is discontinued. Source: Axis Bank, axis.bank.in, read 28 Oct 2026
- Axis Bank ends the Reserve airport transfer service, April 2024
Airport Transfer service on the RESERVE card is discontinued from 20 Apr 2024. Requests raised up to 19 Apr 2024 are fulfilled. Source: Axis Bank, axis.bank.in, read 28 Oct 2026
Each change is read from the bank's own notice or terms document, linked above. Every card's changes are on the change log.
Fees
| Joining fee | Rs 50,000 |
|---|---|
| Annual fee | Rs 50,000 |
| Annual spend that waives the fee | Rs 35,00,000 |
| Fee notes | Renewal waived on Rs 35 lakh eligible spend; rent, wallet, utilities, government, EMI, insurance, gold, fuel, gift cards do not count. |
Rewards
| Welcome benefitunverified | Aggregator: 15,000 EDGE RP on activation. The 50,000-point annual benefit was discontinued on 20 Apr 2024 (issuer T&C). |
|---|---|
| Reward currency | EDGE Reward Points |
| Base earnunverified | 15 EDGE RP per Rs 200 |
| Base return | 3% |
| Point value | Rs 0.20 per point on Pay by Rewards (min 2,500 points). Transfers 5:2 standard; 5:1 to Accor, Cathay, Qatar. |
| Accelerated earnunverified | 2X (30 RP per Rs 200) on international spend |
| Capsunverified | Rent rewarded only up to Rs 1 lakh a month (aggregator). Transfers capped at 1,00,000 points Group A + 4,00,000 Group B a year (issuer). |
| Spends that earn nothing | Insurance (MCC 5960, 6300, 6381, 6051, 6012), fuel (5541, 5542, 5983), gold/jewellery (5094, 5944), wallet (6540), plus earlier exclusions (utilities, government) |
| Points expiry | 3 years from earning; all points also lapse after 365 days with no earn, redemption or login (EDGE Rewards T&C) |
| Milestone benefits | None |
| Reward notes | base_return_pct = 15 points per Rs 200 x 5:2 = 3 miles per Rs 100 at Re 1 a mile (assumption); 1.5% at Rs 0.20 cash value. Partner list and groups as reported by third-party trackers after the 23 Sep 2026 reshuffle (Group A: 18 programmes incl. KrisFlyer, Flying Blue, Air India, Qantas, Accor, Cathay, Qatar; Group B: 9 incl. Hilton, IHG, IndiGo BluChip, Miles & More). Axis's own current partner page could not be read; Axis says ratios and groups can change without notice and the ratio shown at transfer applies. Caps are per customer ID per calendar year; if several Axis cards are held the highest card sets the cap. Miles & More has its own extra cap of 2,00,000 miles a year, min 3,000 miles per transfer. |
Transfers
| Partnersunverified | Accor Live Limitless, Air Canada Aeroplan, Air France-KLM Flying Blue, Air India Maharaja Club, British Airways Club, Cathay, Ethiopian Airlines ShebaMiles, Etihad Guest, Finnair Plus, JAL Mileage Bank, Qantas Frequent Flyer, Qatar Airways Privilege Club, Singapore Airlines KrisFlyer, Thai Royal Orchid Plus, Turkish Airlines Miles&Smiles, United MileagePlus, Vietnam Airlines Lotusmiles, Wyndham Rewards, AirAsia Rewards, Hilton Honors, IHG One Rewards, IndiGo BluChip, Lufthansa Miles & More, Orchid Rewards, The Postcard Sunshine Club, Radisson Rewards, SpiceJet SpiceClub |
|---|---|
| Ratiounverified | 5 EDGE RP : 2 partner miles (standard); 5:1 to Accor, Cathay, Qatar. Annual cap 1,00,000 points Group A + 4,00,000 Group B. |
Travel and perks
| Domestic lounge | Unlimited domestic lounge visits (issuer page); spend condition waived (issuer lounge document) |
|---|---|
| International lounge | Unlimited via complimentary Priority Pass membership (issuer page) |
| Lounge conditionsunverified | 12 complimentary guest visits a year (aggregator). No spend criterion (issuer lounge document). |
| Forex markup | 1.5% |
| Fuel surcharge waiver | 1% on Rs 400-4,000 fuel transactions, cap Rs 400 per statement cycle (MITC) |
| Other freebies | Issuer page: complimentary airport concierge services; Club ITC Culinaire, Accor Plus and Club Marriott Asia Pacific memberships; 15% savings at Postcard Hotels; complimentary golf rounds (count not stated on page; aggregator says 50 a year); EazyDiner Prime membership; complimentary BookMyShow tickets; Swiggy One membership; Extraordinary Weekends experiences. Luxury airport transfers discontinued 20 Apr 2024; Oberoi hotel offers discontinued 1 Oct 2025. Aggregator only: purchase protection Rs 2 lakh. |
Charges and eligibility
| Interest per month | 3% |
|---|---|
| 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 | Waived (interest still applies) |
| Eligibility | Invite-only per aggregators; criteria not published |
| Fine-print notes | Fees, forex, interest, exclusions and transfer caps are from issuer documents; earn rate and memberships are from an aggregator page last updated Apr 2026, and ITC/Marriott/Accor tie-ups have changed since, so check memberships before paying the fee. Product page read 2026-10-12 is a short brochure page: it states no fee, earn rate, welcome benefit, guest-visit count or eligibility, and does not say the card is invite-only (title reads 'Apply for Reserve Credit Card Online'). Those fields stay as before. Conflicts resolved from issuer page read 2026-10-12: other_freebies: old (cardinsider) listed Oberoi hotel discounts -> issuer page says Oberoi offers discontinued w.e.f. 1 Oct 2025 | notes: old entry warned ITC/Marriott/Accor memberships may have changed -> issuer page of 2026-10-12 still lists Club ITC Culinaire, Accor Plus and Club Marriott |
Questions
- What is the annual fee of the Axis Reserve Credit Card?
- Rs 50,000 a year, before GST. It is waived if you spend Rs 35,00,000 in a year.
- Does the Axis Reserve Credit Card give airport lounge access?
- Yes. In India: Unlimited domestic lounge visits (issuer page); spend condition waived (issuer lounge document). Outside India: Unlimited via complimentary Priority Pass membership (issuer page). Conditions: 12 complimentary guest visits a year (aggregator). No spend criterion (issuer lounge document).
- What is the forex markup on the Axis Reserve Credit Card?
- 1.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Axis Reserve Credit Card?
- Insurance (MCC 5960, 6300, 6381, 6051, 6012), fuel (5541, 5542, 5983), gold/jewellery (5094, 5944), wallet (6540), plus earlier exclusions (utilities, government)