Axis Bank Select credit card review: fees, rewards and eligibility
The Axis Bank Select has a recorded annual fee of ₹3,000 plus GST and a base earn of 10 EDGE Reward Points per ₹200 on eligible spend. CardMasters checked its issuer terms on 2026-08-01. Affiliate commission never changes ranking; confirm final terms and approval with Axis Bank.
Axis Bank Select: short answer
The Axis Bank Select is in the premium tier of Axis Bank credit cards, with a joining fee of ₹3,000, an annual fee of ₹3,000 plus GST (waived on ₹8,00,000 of eligible annual spend), a base earn of 10 EDGE Reward Points per ₹200 on eligible spend and a 3.5% forex markup. Rewards are not earned on fuel, rent, wallet load, insurance, utility. It suits lounge, grocery, premium lifestyle spending; whether it beats a card you already hold depends on your own spend mix and redemption choices.
Source: CardMasters issuer-evidence catalogue, release 2026-08-01. Confirm final terms with the issuer.
Reward structure
10 EDGE Reward Points per ₹200 on eligible spend
- 10 points per ₹100 on retail shopping (first ₹20,000/mo) — 20 EDGE points per ₹200 vs 10 base
Eligibility and important limits
minimum age 18, published monthly income floor ₹50,000 Axis publishes indicative age, resident-Indian and ₹6 lakh annual net-income criteria, but no numeric bureau-score cutoff. Final approval remains with the issuer. Approval remains solely at the issuer’s discretion.
Does not earn: fuel, rent, wallet load, insurance, utility, jewellery, government, education.
Important limit: Axis Bank has announced another terms update effective 28 August 2026; CardMasters must recheck this record when the revised terms take effect.
Frequently asked questions
What is the annual fee for the Axis Bank Select?
The published annual fee in our current record is ₹3,000 plus applicable GST. It can be waived after ₹8,00,000 of eligible annual spend, subject to issuer terms.
How do rewards work on the Axis Bank Select?
10 EDGE Reward Points per ₹200 on eligible spend. Accelerated routes include 10 points per ₹100 on retail shopping (first ₹20,000/mo). Reward value depends on the eligible transaction route and redemption method.
Which transactions do not earn rewards on the Axis Bank Select?
The current issuer-sourced exclusions recorded by CardMasters include fuel, rent, wallet load, insurance, utility, jewellery, government, education. Merchant category coding and issuer terms determine final eligibility.
Who should consider the Axis Bank Select?
It is most relevant for people focused on lounge, grocery, premium lifestyle. Whether it improves your wallet still depends on your actual spending, existing cards, fees and redemption choices.
Is the Axis Bank Select worth it?
It is worth holding only when the rewards and benefits you will genuinely use exceed ₹3,000 plus GST each year. The fee is waived at ₹8,00,000 of eligible annual spend, so check whether you reach that without forcing spend. Value the rewards at a realistic redemption rate, not the issuer's best-case example.
What is the eligibility for the Axis Bank Select?
The published minimum age is 18. The published monthly income floor is ₹50,000. Axis publishes indicative age, resident-Indian and ₹6 lakh annual net-income criteria, but no numeric bureau-score cutoff. Final approval remains with the issuer. Approval, credit limit and final pricing are decided solely by the issuer.
What is the forex markup on the Axis Bank Select?
The recorded foreign-currency markup is 3.5% before GST. On ₹1,00,000 of international spend that is about ₹3,500 in markup, so compare it against any rewards earned on overseas transactions.
Does the Axis Bank Select offer airport lounge access?
Domestic lounge access: 2/quarter (₹50,000 spend in previous 3 months). International lounge access: up to 12/yr through Priority Pass; membership renews after ₹3 lakh preceding anniversary-year spend. Spend conditions and guest charges are set by the issuer and can change.