Does the IKEA Family Credit Card by Axis Bank give airport lounge access?

No lounge access is listed for this card.

What is the forex markup on the IKEA Family Credit Card by Axis Bank?

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

Which spends earn no rewards on the IKEA Family Credit Card by Axis Bank?

Transportation and tolls, utilities, insurance, education, government, wallet, rent, fuel

M16S / Axis Bank / IKEA Family Credit Card by Axis Bank

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IKEA Family Credit Card by Axis Bank

Axis Bank · with IKEALast checked 31 Oct 2026

The IKEA Family Credit Card by Axis Bank charges no annual fee and no joining fee. Its base return is 0.2% (1 EDGE RP per Rs 100). Accelerated earn: 3 RP per Rs 100 at IKEA; 2 per Rs 100 on dining. The forex markup is 3.5%. It lists no airport lounge access. Read from the issuer's documents and an aggregator on 31 Oct 2026.

Annual fee: Free
Fee waived at: —
Base return: 0.2%
Forex markup: 3.5%
Interest: 3.75%a month

Fees

Joining fee	Free
Annual fee	Free
Fee notes	Lifetime free (MITC: nil/nil)

Rewards

Welcome benefit	None
Reward currency	EDGE Reward Points
Base earnunverified	1 EDGE RP per Rs 100
Base return	0.2%
Point value	Rs 0.20 per point; SMS-based redemption on IKEA purchases (EDGE T&C)
Accelerated earnunverified	3 RP per Rs 100 at IKEA; 2 per Rs 100 on dining
Spends that earn nothingunverified	Transportation and tolls, utilities, insurance, education, government, wallet, rent, fuel
Points expiry	3 years from earning; all points also lapse after 365 days with no earn, redemption or login (EDGE Rewards T&C)
Reward notes	base_return_pct = 1 point per Rs 100 x Rs 0.20 = 0.2%; IKEA spend 0.6%.

Travel and perks

Domestic lounge	None
International lounge	None
Forex markup	3.5%
Fuel surcharge waiver	1% on Rs 400-5,000 fuel transactions, cap Rs 400 per statement cycle (MITC)
Other freebiesunverified	IKEA purchases convertible to EMI at 13% a year; EazyDiner up to 15% off (aggregator)

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
Fine-print notes	Successor to the Citi IKEA Family card.

Questions

What is the annual fee of the IKEA Family Credit Card by Axis Bank?: No annual fee.
Does the IKEA Family Credit Card by Axis Bank give airport lounge access?: No lounge access is listed for this card.
What is the forex markup on the IKEA Family Credit Card by Axis Bank?: 3.5% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the IKEA Family Credit Card by Axis Bank?: Transportation and tolls, utilities, insurance, education, government, wallet, rent, fuel