M16S / Axis Bank / Axis Select Credit Card
premium · rewards, travel
Axis Select Credit Card
The Axis Select Credit Card costs Rs 3,000 a year, waived if you spend Rs 8,00,000 in a year. Its base return is 1% (10 EDGE RP per Rs 200). The forex markup is 3.5%. Lounge visits in India: 2 per quarter. Read from the issuer's documents and an aggregator on 12 Oct 2026.
- Annual fee
- Rs 3,000+ GST
- Fee waived at
- Rs 8,00,000annual spend
- Base return
- 1%
- Forex markup
- 3.5%
- Interest
- 3.75%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 movie offers need Rs 25,000 spend from 1 November 2026
From 1 November 2026, Axis Bank MY ZONE, PRIVILEGE, SELECT and NEO cardholders must spend Rs 25,000 in the previous 3 months to use the card's movie offer.
- Axis Bank narrows the Select Rs 3 lakh milestone spend count from October 2026
From 1 Oct 2026 spends in categories that earn no points (insurance, rent, fuel, education, utilities and telecom, wallet, gold/jewellery, government, gift card) stop counting towards the Rs 3 lakh milestone for 6 extra lounge visits and 6 golf rounds. Source: Axis Bank, campaign.axis.bank.in, read 28 Oct 2026
- 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 raises the foreign currency markup from 1.5% to 3.5%, August 2026
From 28 Aug 2026 the dynamic currency conversion markup rises to 3.5% from 1.5% on these Axis Bank cards. Source: Axis Bank, campaign.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 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
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 3,000 |
|---|---|
| Annual fee | Rs 3,000 |
| Annual spend that waives the fee | Rs 8,00,000 |
| Fee notes | Nil for Burgundy customers (Rs 3,000 + GST applies if Burgundy status ends). Renewal waived on Rs 8 lakh spend in a card anniversary year; insurance, rent, fuel, education, utilities and telecom, government, wallet, gold and gift cards do not count. |
Rewards
| Welcome benefit | 10,000 EDGE RP worth Rs 2,000 on first transaction within 30 days of issuance; not for lifetime-free cards or Burgundy account holders (issuer page) |
|---|---|
| Reward currency | EDGE Reward Points |
| Base earn | 10 EDGE RP per Rs 200 |
| Base return | 1% |
| Point value | Rs 0.20 per point; transfers 10 points : 1 mile (5:1 to SpiceJet and AirAsia) |
| Accelerated earn | 2X (20 EDGE RP per Rs 200) on retail shopping up to cumulative Rs 20,000 a month, 10 per Rs 200 after that. Retail shopping = department stores, grocery stores, clothing and accessory stores (women's, children's, family, misc apparel). |
| Caps | 2X rate on first Rs 20,000 of retail spend a month. Transfers capped at 1,00,000 points Group A + 4,00,000 Group B a year. |
| Spends that earn nothing | Insurance, rent, fuel, education, utilities and telecom, wallet, gold/jewellery, government services, gift cards, bridge fees, road fees and tolls. Points are debited for transactions converted to EMI. |
| 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 | 5,000 EDGE RP on Rs 3 lakh spend in a card anniversary year. Rs 3 lakh also unlocks 6 extra golf rounds, 6 extra international lounge visits and Priority Pass renewal. Annual fee waived at Rs 8 lakh. |
| Reward notes | base_return_pct = 10 points per Rs 200 x Rs 0.20 (10,000 points = Rs 2,000 per issuer page) = 1.0%. Reward redemption fee Rs 99 (issuer page). Transfers at 10:1 are worth less than cash value unless a mile is valued above Rs 2. |
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 | 10 EDGE RP : 1 partner mile; 5:1 to SpiceJet and AirAsia. Annual cap 1,00,000 points Group A + 4,00,000 Group B. |
Travel and perks
| Domestic lounge | 2 per quarter |
|---|---|
| International lounge | Up to 12 a year via Priority Pass (issuer page). Priority Pass renews on Rs 3 lakh spend in the preceding card anniversary year; from 1 Oct 2026 the 6 additional visits and renewal are judged on spend excluding insurance, utilities and telecom, gold, education, government, rent, fuel, wallets and gift cards. |
| Lounge conditions | Domestic: needs Rs 50,000 spend in the last 3 months (issuer page); waived in issuance month + next 3 months; guests paid. Priority Pass no longer valid at domestic lounges in India from 28 Aug 2026; use the card itself. |
| Forex markup | 3.5% |
| Fuel surcharge waiver | 1% on Rs 400-4,000 fuel transactions, cap Rs 400 per statement cycle (issuer page) |
| Other freebies | 6 golf rounds a year (+6 at Rs 3 lakh spend); District BOGO movie ticket up to Rs 250 off twice a month (T&C: from 1 Nov 2026 only with Rs 25,000 spend in previous 3 months); Swiggy flat Rs 200 off twice a month on Rs 1,000+ orders; BigBasket flat Rs 500 off once a month on Rs 2,500+; purchase protection up to Rs 1 lakh; cumulative USD 500 cover for loss of travel documents and delay/loss of check-in baggage; Dining Delights; Extraordinary Weekends; 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 | Age 18-70; net income at least Rs 6 lakh a year |
| Fine-print notes | Before the 2026-10-12 page read: the Select T&C PDF read lists only 2026 changes: DCC markup raised from 1.5% to 3.5% and top late-fee slab set at Rs 1,300 from 28 Aug 2026; complimentary memberships renew only with customer consent from 15 Nov 2026. Product page read 2026-10-12 confirms fees, Rs 8 lakh waiver, 3.5% forex, 3.75% interest, earn rates and benefits. Page does not state card network or transfer partners. |
Questions
- What is the annual fee of the Axis Select Credit Card?
- Rs 3,000 a year, before GST. It is waived if you spend Rs 8,00,000 in a year.
- Does the Axis Select Credit Card give airport lounge access?
- Yes. In India: 2 per quarter. Outside India: Up to 12 a year via Priority Pass (issuer page). Priority Pass renews on Rs 3 lakh spend in the preceding card anniversary year; from 1 Oct 2026 the 6 additional visits and renewal are judged on spend excluding insurance, utilities and telecom, gold, education, government, rent, fuel, wallets and gift cards.. Conditions: Domestic: needs Rs 50,000 spend in the last 3 months (issuer page); waived in issuance month + next 3 months; guests paid. Priority Pass no longer valid at domestic lounges in India from 28 Aug 2026; use the card itself.
- What is the forex markup on the Axis Select Credit Card?
- 3.5% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the Axis Select Credit Card?
- Insurance, rent, fuel, education, utilities and telecom, wallet, gold/jewellery, government services, gift cards, bridge fees, road fees and tolls. Points are debited for transactions converted to EMI.