* 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 yieldof 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
References & Footnotes
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Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.