Axis Bank Credit Cards - Charges and Fees

The bank levies different types of charges based on the card variant you have and the type of transaction or usage associated with it. Some of the most common Axis Bank credit card fees levied include:

• Charges to use the card

• Charges to continue enjoying the card benefits

• Charges for withdrawing cash from ATMs

• Charges for using the card internationally

Whether you need to withdraw cash from an ATM or pay the annual fee, knowing the types of Axis Bank credit card charges can help you select the right card.

Most credit cards come with a one-time joining fee and annual fee from the second year onwards. Unlike other charges that are levied when you use a particular service, you need to pay the joining fee to activate your card.

The annual fee is applicable after each calendar year. However, some cards may waive this fee when you meet a specific spending milestone. For instance, the Axis Bank SELECT Credit Card waives the annual fee if your annual spends on the card exceed ₹8 Lakhs in the preceding year.

Amongst the various types of Axis Bank Credit Card fees, you must note the cash withdrawal charges applicable for emergency funds. You can withdraw cash using these cards during unforeseen events. Remember that the amount you can withdraw from an ATM has to be within the available credit limit. 

When you use this facility, interest charges along with cash advance charges are added to your total outstanding amount. The interest is charged from the date you withdraw cash until you clear your dues. 

During unwanted situations, you can use this facility to get cash instantly. Ensure that you pay your dues on time and in full to avoid financial stress.

Disclaimer: The aforementioned charges are applicable to certain cards based on the issuer’s discretion. Kindly check the bank’s website to get the list of Axis Bank credit card charges and fees.

Also known as a foreign transaction charge, this mark-up fee is levied by card issuers on all transactions in foreign currencies. This charge is also applicable when you make purchases using your card with foreign merchants.

The fee ranges from 1.5% to up to 3.5% of your total transaction amount. Remember, you have to pay a GST of 18% on all foreign transaction fees. To understand this better, consider a hypothetical example. 

If the mark-up fee on your card is 2% for a transaction of ₹15,000, the amount you have to pay will be ₹300. After applying the GST, which is 18% of ₹300, the total sum will be ₹354 (₹300 + ₹54).

Check the below given table to understand the Axis Bank credit card forex charges:

Disclaimer: The aforementioned charges are applicable to certain cards based on the issuer’s discretion. Kindly check the bank’s website to get the list of Axis Bank credit card charges & fees.

This facility lets you transfer the outstanding balance from your existing card to another and benefit from low interest rates. However, most card providers levy a balance transfer fee. 

The table given below highlights the fees you would have to pay in this case:

Disclaimer: The Axis Bank credit card fees and charges are subject to change at the bank’s discretion.

While you can spend beyond the total credit limit, the bank charges an over-limit fee based on the amount you exceed.

Check the table below to understand the over-limit fee levied by Axis Bank. Note that the fee mentioned here is applicable on some of the cards. 

Disclaimer: The Axis Bank credit card fees and charges are subject to change at the bank’s discretion.

When you fail to make the bill payment within the specific due date, the card issuer levies late payment penalties. Apart from this, carrying forward your previous bill amount adds up to this late payment fee.

Try to pay your bill on time and in full to avoid the late payment fees and added interest charges on the outstanding balance. By setting up reminders or automatic payment options, you can tackle the issue of late payment.

Check the table below to understand the late payment charges levied by Axis Bank:

Apart from the fees mentioned above, Axis Bank levies certain other charges when you use its credit cards. Check the table below for a brief overview:

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.