Axis Bank Reserve Credit Card

Ritika

The Axis Bank Reserve Credit Card is a great choice if you’re looking for a top-tier credit card in India. This card focuses on luxury and exclusive benefits, making it perfect for people who enjoy a high-end lifestyle. With a joining fee of ₹50,000 plus taxes each year, it is clearly designed for high earners and frequent travelers.

This card is suitable for:

High-income individuals looking for premium financial products.
Those who can afford the ₹50,000 annual fee.
Frequent flyers who want access to airport lounges and VIP services.
People who love luxury hotel stays, golf, and fine dining.
If you spend around ₹35 lakh each year, you can waive the annual fee.

Key Benefits

Airport Lounge Access

You’ll enjoy unlimited access to international airport lounges through Priority Pass.
Both you and anyone you add on can benefit from this, plus you get 12 free guest visits to international lounges each year.
Domestically, lounge access is also unlimited for you and your guests, with 12 free entries per year.

Hotel Memberships & Deals

Get free memberships to ITC Culinaire, Accorplus, and Club Marriott Asia Pacific.
Enjoy perks like free nights, up to 50% off dining, and room upgrades.
You’ll snag discounts at Oberoi Hotels (15% off rooms, free third night, 50% off suites) and deals at Postcard Hotels (15% off rooms, flexible check-in/check-out).

VIP Airport Services

Get eight free services with VIP Airport Assistance, including check-in and immigration support, to make your travels hassle-free.

Other Perks

Enjoy 50 free rounds of golf each year at select courses in India.
Low foreign transaction fee of 1.5%—perfect when you travel.
Dining discounts of up to 25% at fancy restaurants thanks to EazyDiner Prime Membership.
Fun offers like "Buy 1 Get 1 Free" on movie tickets, up to ₹500 off, five times a month.
Save up to ₹1,000 on non-movie tickets, five times a month on BookMyShow.
Unlimited free deliveries with Swiggy One Membership.
Insurance perks like coverage for lost cards, baggage loss, and more.
Access to second opinions from top international specialists.
No charges for cash withdrawals at ATMs, although interest will apply.
A 1% fuel surcharge waiver on transactions from ₹400 to ₹4,000, capped monthly.
The hefty annual fee can be waived if you spend ₹35 lakh in a year.

Note: Luxury airport transfers and renewal reward points were discontinued on April 20, 2024.

Rewards Points Structure

You earn 15 Edge Reward Points for every ₹200 spent in India and 30 points for every ₹200 spent abroad.
New cardholders pick up 15,000 Edge Reward Points just for activating the card.

Fees & Charges

Joining fee: ₹50,000 plus taxes
Annual fee: ₹50,000 plus taxes (can be waived with a ₹35 lakh yearly spend)
Interest rate: 34.49% annually
Monthly finance charge: 3.0%, with a lower option of 2.5%
1.5% fee for international transactions
No cash withdrawal fees, just interest
Fuel surcharge waiver of 1% on transactions from ₹400 to ₹4,000, capped at ₹400 per month
Late payment fees vary, starting from nothing to ₹1,200 based on your total balance.

Eligibility Criteria

To get the Axis Bank Reserve Credit Card, you need to meet a few basic requirements:

Primarily available to invited customers.
You should be between 18 and 70 years old.
A CIBIL score of 700 or above is usually required.
Documentation needed: ID proof, residency proof, and income proof.
Valid IDs can include PAN Card, Voter ID, Passport, or Aadhaar Card.
Residency proof can be a Ration Card, Electricity Bill, or Passport.
Income proof could be a recent salary slip or ITR for self-employed individuals.

Final Thoughts

The Axis Bank Reserve Credit Card is a pretty solid choice for affluent travelers. With great lounge access, premium memberships, and concierge services, it provides a first-class experience. However, to really get your money’s worth, you’ll want to take advantage of the luxury travel perks and easily meet the high spending requirements. It’s a bit niche, but definitely a great option if you fit the criteria!