Axis Bank Business Supreme Master Credit Card
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Managing expenses can be tricky, but the Axis Business Supreme Master Credit Card is here to make things easier for solo business owners and small businesses. This card is a useful tool that helps you keep track of your finances while earning rewards along the way.
What’s Great About the Axis Business Supreme Master Credit Card
- It's designed just for sole proprietors and small businesses, making expense management simple.
- You can combine different business costs, like bills and taxes, all in one place.
- You earn bonus rewards on your business spending.
- Get 6 points for every ₹200 you spend on marketing and advertising.
- Earn 8 points for every ₹200 spent on international transactions.
- Get 4 points for each ₹200 on other domestic retail purchases.
- You can redeem one EDGE Reward Point for up to ₹0.20.
Perks of the Axis Business Supreme Master Credit Card
- This card really helps keep your expenses organized.
- You’ll earn 6 Reward Points for every ₹200 spent on marketing and ads.
- Get 8 Reward Points for every ₹200 spent internationally.
- For domestic shopping, it’s 4 Reward Points per ₹200.
- If you spend more than ₹5 lakh in a year, you’ll get 10,000 bonus points. Plus, if you spend over ₹8 lakh, you’ll get an extra 5,000 points.
- Enjoy four free visits to airport lounges each year.
- You can turn big purchases into EMIs for easier payments.
- There are great perks if you spend more!
Fees and Charges
- Joining Fee: ₹1,500 plus GST.
- Annual Fee: ₹1,500 plus GST.
- Foreign Currency Transactions: Extra 3.5% markup.
- Reward Redemption Fees: Vary, but cashing in 300 points is free.
- Cash Withdrawal Fee: 2.5%, with a minimum of ₹500.
- No fee waiver for renewal based on how much you spend.
Other Charges
- Free card replacement.
- No fee for duplicate statements.
- Retrieve charge slips or outstation cheques without any fees.
- Mobile transaction alerts are free.
- Hotlisting and balance inquiries are also free.
- The interest rate is 3.6% per month (43.2% annually).
- There’s a 1% fuel surcharge on transactions between ₹400 and ₹4,000, capped at ₹400.
- Cash advances cost 2.5% or ₹500, whichever is lower.
- A 1% dynamic currency conversion markup plus taxes may apply for some international transactions.
Who Should Use This Card
- This card is designed for sole proprietors and small business owners.
- It's great for those who frequently spend on marketing, advertising, and international purchases.
If you’re running a small business, this card could be just what you need to make managing your expenses much easier!