Axis Bank Cashback Credit Card: Compare Credit Cards & Apply
Axis Bank Cashback Credit Card Review 2025: Complete Guide to Benefits and Rewards
The Axis Bank Cashback Credit Card offers direct cashback that gets automatically credited to your bill statement. Unlike reward points that expire or need redemption, this card provides real cashback on your spending with tiered rates up to 7% on online purchases.
Card Overview
- Card Name: Axis Bank Cashback Credit Card
- Card Network: Visa/Mastercard
- Joining Fee: ₹1,000 + GST
- Annual Fee: ₹1,000 + GST (waived on ₹4L annual spend)
- Welcome Benefit: 5,000 EDGE Reward Points
Fees Structure
Joining and Annual Fees
- Joining Fee: ₹1,000 + GST (₹1,180 total)
- Annual Fee: ₹1,000 + GST from second year onwards
- Fee Waiver Condition: Spend ₹4 lakh in your card anniversary year
The annual fee gets waived when you spend ₹4 lakhs annually. Note that rent payments and wallet loads don't count toward this spending requirement.
Welcome Benefits
You receive 5,000 EDGE Reward Points worth ₹1,000 when you:
- Pay the joining fee
- Make your first transaction within 30 days of card issuance
This welcome bonus is available only for new cardholders and not applicable for card migrations or swaps.
Cashback Rewards Structure
Base Cashback (0.75%)
All other eligible transactions earn 0.75% cashback with no upper limit:
- Offline purchases (POS transactions)
- Travel-related expenses
- Other eligible spending categories
Accelerated Online Cashback (Up to 7%)
The card offers tiered cashback rates on online transactions:
Monthly Cashback Slabs:
- ₹0 - ₹5,000: 2% cashback (Max ₹100)
- ₹5,001 - ₹40,000: 5% cashback (Max ₹1,750)
- ₹40,001 and above: 7% cashback (Max ₹2,150)
Maximum monthly cashback: ₹4,000
Eligible for accelerated cashback:
- Online shopping (e-commerce platforms)
- Food delivery apps
- OTT subscriptions
- Digital services
Not eligible:
- Travel bookings
- Wallet loads
- Rent payments
- Insurance payments
Utility Bill Cashback (0.5%)
Utility bill payments earn 0.5% cashback with a monthly cap of ₹100:
- Electricity bills
- Broadband bills
- Postpaid mobile bills
Example Calculation: ₹60,000 Online Spend
- First ₹5,000 @ 2% = ₹100
- Next ₹35,000 @ 5% = ₹1,750
- Remaining ₹20,000 @ 7% = ₹1,400
- Total Cashback = ₹3,250
Additional Features
EazyDiner Restaurant Benefit
- 25% discount at EazyDiner partner restaurants
- Maximum discount: ₹800 per month
- Minimum bill amount: ₹2,500
- Available once per calendar month
Cashback Credit Process
Cashback gets automatically credited to your statement before the next billing cycle. No manual redemption is required. The cashback directly reduces your outstanding bill amount.
Spending Exclusions
The following transactions don't earn cashback and don't count toward annual fee waiver:
- Wallet loads (PayTM, PhonePe, etc.)
- Rent payments
- Fuel purchases
- Insurance premiums
- Government payments
- Education fees
- Jewelry purchases
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Who Can Apply
Suitability
This card works well for:
- Regular online shoppers
- Those who prefer direct cashback over reward points
- Spenders who can meet the ₹4 lakh annual spending threshold
May not suit:
- Heavy fuel users (no fuel benefits)
- Those who primarily pay rent through credit cards
- Users seeking travel or lifestyle benefits
Application Requirements
Basic Eligibility
- Age: 18-65 years
- Good source of Income
- Required documents: Income proof, ID proof, address proof
Application Process
- Upload required documents
- Complete income verification
- Receive card within 7-10 working days
Summary
The Axis Bank Cashback Credit Card provides direct cashback with tiered rates up to 7% on online spending. The cashback gets automatically credited to your statement without requiring redemption. With a ₹4 lakh annual spending threshold for fee waiver and a welcome bonus that covers the joining fee, the card offers value for regular online spenders.
The card's straightforward cashback structure makes it easy to understand your earnings, while the automatic credit process eliminates the need for manual redemptions.
Frequently Asked Questions (FAQ's)
Q: Does cashback expire?
A: No, cashback is directly credited to your statement and doesn't expire.
Q: When is cashback credited?
A: Cashback is automatically posted before your next statement generation.
Q: Do EMI transactions earn cashback?
A: No, EMI conversions don't earn cashback and may result in cashback reversal.
Q: What counts as online spending for accelerated cashback?
A: E-commerce purchases, food delivery, OTT subscriptions, and digital services qualify. Travel bookings are excluded.
Q: How is the tiered cashback calculated?
A: Monthly spending is calculated cumulatively across the three slabs with respective cashback rates.
Q: Can I get cashback on fuel purchases?
A: No, fuel transactions are excluded from cashback earning.
Q: What's required for annual fee waiver?
A: Spend ₹4 lakh in your card anniversary year on eligible transactions.
Q: Are rent payments eligible for cashback?
A: No, rent payments don't earn cashback and don't count toward fee waiver.
Q: How do I receive the welcome bonus?
A: Pay joining fee and make first transaction within 30 days. EDGE Points are credited within 90 days.
Q: Is there a limit on base cashback?
A: No, the 0.75% base cashback has no upper limit.
Q: What happens if I return a purchase?
A: Cashback earned on returned purchases will be debited from your account.
Disclosures:
Affiliate Disclosure: This review contains affiliate links. We may receive compensation if you apply through our links at no additional cost to you.
Terms Subject to Change: Credit card benefits, fees, and terms may change. Please verify current information on the bank's official website before applying.
Responsible Usage: Use credit cards responsibly and ensure timely payments to avoid interest charges.
Information accurate as of June 2025