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Axis Bank Platinum Credit Card

by Kshitiz V Sharma on

The Bottom Line

Axis Bank Platinum Credit Card
Low Fee, Low Rewards

12 EDGE Rewards points / ₹200 on International Spends, 6 EDGE Rewards points on Domestic Spends and 25% Cashback on Movie Tickets.

Monthly Spend ₹5K ₹10K ₹20K ₹50K ₹100K
Net Reward Yield 0.0% 0.9% 1.0% 0.8% 0.8%
Est. Monthly Reward (₹) (5) 90 190 400 790
All-India Rewards Rank* 159 67 87 162 165
Within Bank Rank* 16 10 12 16 19
* Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.

The Axis Bank Platinum Credit Card gives 25% cashback on movie tickets, 1.20% effective reward on foreign spends and 0.6% on all domestic spending.

We estimate this card has a net reward yield of 0.8-1%% on spending above ₹10,000 with the card in a month, making it a below average card for Axis Customers.

The ACE Credit Card is the best credit card from Axis Bank for nearly everyone. We estimate most people will get net reward yield of 2.3% using this card for all their spending.

Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.


The Rewards

Card Axis Bank Platinum Credit Card
Card Type Reward
Reward Features 12 EDGE Rewards points / ₹200 on International Spends

6 EDGE Rewards points / ₹200 on Domestic Spends

25% Cashback on Movie Tickets

Milestone Rewards Nil
Other Rewards – 15% discount at all partner restaurants with Axis Bank Dining Delights
Rewards Redemption Fee ₹99
Reward Caps ₹1,000 on movies / Year
Preferred Redemption Method Redeem on EDGE Reward Catalouge for Vouchers @ ₹0.20/ edge reward points

Fees & Charges

Card Axis Bank Platinum Credit Card
Joining Fee ₹500 + Taxes
Annual Fee ₹200 + Taxes
Min. Annual Credit Card Spend
for Fee Waiver
₹1 Lacs
Income Criteria Salaried N/A
Self-employed N/A
Supplementary Card Fee Free
Interest Rate 49.96% p.a.
Foreign Currency Markup 3.50%
Cash Advance Charge 2.50% with a minimum of ₹500
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