Looking for a credit card? Explore the Axis Bank Select Credit Card. Learn about its offers, features, and charges to find the best fit for your needs today. Apply!
The Axis Bank Select Credit Card offers a range of benefits, features, and charges for cardholders. Understanding these key aspects is essential for making an informed decision about whether this credit card suits your needs.
In this article, we will explore the various offers, features, and charges associated with the Axis Bank Select Credit Card to help you gain a comprehensive understanding of what it entails.
Benefits of Axis Bank Select Credit Card
The Axis Bank Select Credit Card offers a plethora of benefits designed to elevate your financial experience. Here’s a glimpse of what you can expect:
- Lavish Rewards: Earn reward points on every transaction, including dining, shopping, and travel expenses. These points can be redeemed for exciting gifts and vouchers.
- Airport Lounge Access: Enjoy access to domestic and international airport lounges, making your travel experiences more comfortable and relaxing.
- Cashback Offers: Benefit from cashback rewards on various categories such as fuel, utility bills, and more, helping you save on everyday expenses.
- Exclusive Concierge Services: Access personalized concierge services to assist with travel bookings, restaurant reservations, and more, ensuring a hassle-free experience.
- Fuel Surcharge Waiver: Save on fuel costs with the fuel surcharge waiver when you use your Axis Bank Select Credit Card for fuel purchases.
- Complimentary Insurance: Receive complimentary insurance coverage, including air accident insurance and purchase protection.
These are just a few of the many advantages this credit card offers. Stay tuned to explore the card’s features and charges in more detail, helping you make an informed choice.
Priority Pass Lounges in India:
- Agartala: Primus Lounge
- Allahabad and Prayagraj: Zesto Executive Lounge
- Amritsar: Costa Coffee
- Bhopal: Primus Lounge
- Cochin: Earth Lounge
- Dibrugrah: Primus Lounge
- Guwahati: The Lounge
- Kannur: Pearl Domestic Lounge
- Madurai: Primus Lounge
- Varanasi: Take Off Bar
Features of Axis Bank Select Credit Card
The Axis Bank Select Credit Card is loaded with a range of impressive features to enhance your financial flexibility and convenience.
- Contactless Payments: Enjoy the ease and security of contactless transactions, making your payments quick and hassle-free.
- EMI Options: Convert high-value purchases into easy EMIs, spreading the cost over affordable monthly installments.
- Global Acceptance: Use your Axis Bank Select Credit Card internationally, as it’s widely accepted, ensuring you have a reliable financial companion while traveling.
- Balance Transfer: Transfer outstanding balances from other credit cards to your Axis Bank Select Credit Card, consolidating your debt and potentially saving on interest.
- Bill Payment Facility: Set up automatic bill payments for utilities, insurance, and more, ensuring you never miss a due date.
- Credit Limit Enhancement: Based on your financial behavior and repayment history, you may be eligible for a credit limit increase.
- Online Account Management: Easily manage your credit card account, view statements, and track transactions through the Axis Bank online portal or mobile app.
These features combine to provide a seamless and flexible credit card experience.
Eligibility Criteria for Axis Bank Select Credit Card
To obtain an Axis Bank Select Credit Card and enjoy its multitude of benefits, you must meet specific eligibility criteria. Here’s what you need to qualify:
- Age: Primary cardholders should be between 18 to 70 years of age.
- Income: Your minimum annual income, often referred to as the ‘income eligibility,’ is a crucial factor. The specific income requirement may vary over time and across locations, so it’s advisable to check with Axis Bank for the current minimum income threshold.
- Nationality: Generally, the Axis Bank Select Credit Card is available to Indian residents, and occasionally, to non-resident Indians (NRIs).
- Credit Score: A good credit score is essential. Typically, a score of 750 or higher increases your chances of approval.
- Employment: You should be employed and able to provide proof of income, such as salary slips or income tax returns.
- Existing Relationship with Axis Bank: Sometimes, being an existing Axis Bank customer or having a prior banking relationship can be a factor in your favor.
Meeting these criteria is essential to be considered for the Axis Bank Select Credit Card. However, keep in mind that meeting the eligibility requirements is just the first step. The final approval will also depend on your creditworthiness and the bank’s discretion.
How to Apply for Axis Bank Select Credit Card
Applying for the Axis Bank Select Credit Card is a straightforward process. Here’s a step-by-step guide on how to do it:
1. Check Eligibility: Before applying, ensure you meet the eligibility criteria mentioned in the previous section, including age, income, and credit score.
2. Documentation: Gather the necessary documents, which typically include proof of identity, address, income, and a recent passport-sized photograph. The exact documents required may vary, so it’s advisable to check with Axis Bank.
3. Visit the Axis Bank Website: Go to the Axis Bank official website.
4. Select the Axis Bank Select Credit Card: Browse through the credit card section to locate the Axis Bank Select Credit Card. Click on it to learn more and initiate the application process.
5. Fill out the Application Form: Complete the online application form with your personal and financial details. Double-check the information for accuracy.
6. Upload Documents: You’ll be prompted to upload the necessary documents as part of the application. Ensure these are clear and legible.
7. Submit the Application: Review your application one last time and submit it.
8. Application Processing: Axis Bank will review your application, assess your eligibility, and verify the documents provided.
9. Wait for Approval: You’ll receive a notification from Axis Bank regarding the status of your application. This can take a few days to a few weeks.
10. Receive Your Card: If your application is approved, you will receive your Axis Bank Select Credit Card via mail at your registered address.
Remember to read the terms and conditions of the credit card and familiarize yourself with its features, charges, and benefits to make the most of your new financial tool.
Fees and Charges of Axis Bank Select Credit Card
The fees and charges associated with the Axis Bank Select Credit Card is crucial to managing your finances effectively.
- Joining Fee: This is a one-time fee that you need to pay when you first acquire the credit card.
- Annual Fee: Most credit cards come with an annual fee, which you need to pay each year to continue using the card.
- Interest Charges: If you carry a balance on your credit card (revolve your credit), you’ll be subject to interest charges. These can be quite high, so it’s advisable to pay your outstanding balance in full each month to avoid these charges.
- Late Payment Fees: Failing to make the minimum payment by the due date can result in late payment fees.
- Overlimit Fees: If you exceed your credit limit, overlimit fees may apply.
- Cash Advance Fees: If you withdraw cash using your credit card, you’ll likely incur cash advance fees and higher interest rates.
- Foreign Transaction Fees: When you use your card for transactions in a foreign currency, a foreign transaction fee may apply.
- Card Replacement Fees: If you need to replace a lost or damaged card, there could be a fee.
- Statement Request Fees: Requesting additional statements beyond the regular cycle might come with charges.
- GST and other Taxes: Goods and Services Tax (GST) and other applicable taxes may be added to certain fees and charges.
The specific fees and charges can vary depending on the card variant and terms and conditions set by Axis Bank. It’s essential to carefully review the documentation provided by the bank when you apply for the card and regularly check the bank’s website for the most up-to-date fee schedule. This way, you can manage your finances efficiently and minimize unnecessary costs.
Rewards and Offers of Axis Bank Select Credit Card
The Axis Bank Select Credit Card is designed to offer an array of enticing rewards and exclusive offers to enhance your financial experience.
- Reward Points: Earn reward points on every transaction, including retail spend, dining, travel, and more. Accumulated points can be redeemed for a variety of gifts, vouchers, or even statement credit.
- Dining Benefits: Enjoy special discounts and offers at partner restaurants, making dining out more affordable and enjoyable.
- Cashback Rewards: Get cashback on specific categories like fuel, utility bill payments, and more, allowing you to save on everyday expenses.
- Airport Lounge Access: Gain access to domestic and international airport lounges, providing a comfortable and relaxing experience while traveling.
- Travel Benefits: Avail discounts on flight bookings, hotel stays, and other travel-related expenses through select partners.
- Shopping Offers: Access exclusive shopping offers and discounts at partner stores and e-commerce platforms.
- Health and Wellness Benefits: Some variants of the Axis Bank Select Credit Card may offer health and wellness benefits, such as gym memberships or wellness packages.
- Milestone Rewards: Reach spending milestones, and you may receive bonus rewards or special privileges.
Keep in mind that the specific rewards and offers can vary based on the card variant and may change over time. To maximize the benefits of your Axis Bank Select Credit Card, regularly check the Axis Bank website or contact the bank to stay updated on the latest rewards and offers available to cardholders.
Customer Support for Axis Bank Select Credit Card
Axis Bank offers a dedicated customer support system to assist Axis Bank Select Credit Cardholders with any queries, concerns, or assistance they may require. Here’s how you can reach out for customer support:
- Customer Care Helpline: You can contact Axis Bank’s customer care through the dedicated phone helpline. The customer care number is usually printed on the back of your credit card or can be found on the Axis Bank website.
- Email Support: You can send an email to Axis Bank’s customer support team with your queries or concerns. Check the official Axis Bank website for the email address to use.
- Online Chat: Many banks, including Axis Bank, offer online chat support through their website or mobile app. This is a convenient way to get quick answers to your questions.
- Branch Visits: If you prefer in-person assistance, you can visit your nearest Axis Bank branch to speak with a representative about your credit card concerns.
- Mobile App: Axis Bank often provides a mobile app that allows you to manage your credit card account and access customer support features on the go.
- Online Self-Service: Axis Bank’s website and mobile app typically offer a range of self-service options, allowing you to check your account balance, view statements, and perform various card-related activities.
When reaching out to customer support, be sure to have your credit card details and relevant account information on hand. Axis Bank’s customer support is there to help you with issues related to your credit card, including billing inquiries, reporting lost or stolen cards, transaction disputes, and more. Always keep a record of your interactions with customer support for reference.
For More Details about Axis Bank Select Credit Card
Frequently asked questions (FAQs)
What are the key features of the Axis Bank Select Credit Card?
The Axis Bank Select Credit Card offers features like rewards, airport lounge access, EMI options, and more.
What is the annual fee for the Axis Bank Select Credit Card?
The annual fee may vary, so it’s advisable to check the Axis Bank website or contact customer support for the current fee structure.
How can I apply for an Axis Bank Select Credit Card?
You can apply online through the Axis Bank website or by visiting a local Axis Bank branch.
Is there a minimum income requirement to be eligible for this card?
Yes, there is an income eligibility criterion. The specific amount can vary, so check with Axis Bank for the current requirement.
How can I check my Axis Bank Select Credit Card statement online?
You can log in to the Axis Bank online portal or mobile app to view and download your credit card statements.
Do I earn reward points on all transactions?
Yes, in most cases, you earn reward points on various transactions, including retail, dining, and travel expenses.
Are there any foreign transaction fees?
Yes, foreign transaction fees may apply when using your card for transactions in a foreign currency.
Can I convert my high-value purchases into EMIs with this card?
Yes, the Axis Bank Select Credit Card offers EMI conversion options for eligible purchases.
What should I do if my Axis Bank Select Credit Card is lost or stolen?
Immediately report the loss to Axis Bank’s customer support to block your card and request a replacement.
Are there any additional benefits for frequent travelers with this card?
Yes, the card provides airport lounge access and travel-related discounts as part of its benefits.
In conclusion, the Axis Bank Select Credit Card is a powerful financial tool that combines a host of benefits, attractive offers, and valuable features to make your spending experience more rewarding and convenient. From earning reward points and cashback to accessing airport lounges and enjoying exclusive dining and shopping privileges, this credit card offers a wealth of advantages.
However, it’s crucial to be aware of the associated fees and charges, as responsible financial management is key to maximizing the benefits while minimizing costs. Ensuring that you meet the eligibility criteria and understanding the terms and conditions will help you make the most of this card.
Additionally, Axis Bank provides robust customer support options, making it easy to address any concerns or inquiries you may have.
So, whether you’re a frequent traveler, a food enthusiast, or a savvy shopper, the Axis Bank Select Credit Card could be the right choice for you. Make an informed decision, leverage the rewards and offers, and enjoy a more rewarding and convenient financial journey.
EDITORIAL DISCLOSURE: The content/reviews on FinFormula.com is prepared by our in-house staff. We strive to ensure the accuracy of the information provided. However, we cannot guarantee the reliability of all credit card details. By clicking on the “Apply Now” option, you can review the specific terms and conditions for the credit card on the card issuer’s website.