Axis Bank Cashback Credit Card
Axis Bank's Cashback Credit Card carries a ₹1,000 fee and is aimed squarely at people who do most of their spending online. The cashback rate steps up as your monthly online spend grows: 2% on the first ₹5,000, jumping to 5% on the next slab up to ₹40,000, and 7% on anything beyond that — though the total you can earn from online spending is capped at ₹4,000 a month, which works out to roughly ₹57,000 of spend before the cap kicks in. Spending offline (i.e., card-present transactions) or on travel earns a flat, uncapped 0.75%, and utility bill payments get their own separate 0.5% bonus, capped at ₹100 per statement. Cashback is applied automatically as a statement credit rather than requiring redemption. What this card doesn't offer is notable too — there's no airport lounge access, and unlike most cards in this space, no fuel surcharge waiver either, making it a fairly single-purpose everyday cashback tool. New cardholders get a 5,000 EDGE Reward Point welcome bonus (worth around ₹1,000) on their first transaction, which effectively cancels out the joining fee, and the ₹1,000 renewal fee is waived if you spend ₹4 lakh over the year — though rent payments and wallet top-ups don't count toward that spend threshold.
Key features
The core things this card does well.
Welcome Benefit
~₹1,000 in vouchers, points or cashback on card activation
5% on Online Shopping
Tiered accelerated cashback on online spends: 2% up to ₹5,000, 5% up to ₹40,000, 7% above — total online cashback capped ₹4,000/month. ~5% effective for a typical online cart. Credited as statement credit.
0.75% on Other
0.75% base cashback on offline (card-present) and travel spends, uncapped; credited as statement credit
Annual Fee Waiver
Fee of ₹1,000 + 18% GST (₹1,180 all-in)/yr fully waived when you spend ₹4,00,000/year
Full reward structure
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Online Shopping | cashback | 5% | ₹4,000 |
| Other | cashback | 0.75% | — |
| Utility Bills | cashback | 0.5% | ₹100 |
Fees & charges
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹1,180 |
| Joining fee (incl. 18% GST) | ₹1,180 |
| Finance charge (APR) | 3.75% p.m. |
| Forex markup | 3.5% |
Should you get it?
Best for: Online-first spenders who will use the ₹4,000/month online cashback cap, Users who want cashback as plain statement credit
Sitting in the Mid tier, it's a reasonable everyday choice for steady monthly spending.
It pays off most clearly if Online Shopping makes up a large share of your spend ( 5% back).
✓ Pros
- Online spending earns up to 5% (7% at the top tier), with a comfortably high ₹4,000 monthly ceiling
- Utility bill payments get an extra 0.5% cashback bonus, up to ₹100 per statement
- Cashback lands automatically as statement credit — nothing to redeem or track
- The 5,000-point EDGE welcome bonus (about ₹1,000) effectively cancels out the joining fee
- The ₹1,000 renewal fee disappears once you spend ₹4 lakh in a year
✕ Cons
- No airport lounge access whatsoever, at any spending level
- No fuel surcharge waiver, which is an unusual omission and quietly reduces everyday value
- Offline and travel spending only earns 0.75%; hitting the top 7% rate requires over ₹40,000 in online spend within a month
- The online cashback earnings top out at ₹4,000 a month
Eligibility & documents
Age
18 –70 years
Min. income
₹25,000 /mo
Employment
Salaried · Self-employed
Documents required
- PAN card
- Aadhaar / valid address proof
- Latest 3 months bank statement
- Income proof — salary slips (salaried) or ITR (self-employed)
How to redeem rewards
How your earnings turn into real value.
🎁 Automatic statement credit against the outstanding balance
What your Cashback are worth
Because this is a cashback card rather than a points card, the value question is simpler than usual.
Statement credit Direct cash adjustment — no conversion
The concern The 0.75% rate on offline spending is on the low side, and there's no fuel surcharge relief at all — so outside of online purchases, this card doesn't earn much. Getting real value out of the ₹1,000 fee depends on routing a healthy volume of spend through online channels.
The bottom line
A straightforward online-cashback card built around how people actually shop today. The tiered rate structure rewards heavier online spenders more (you only see the full 7% once you cross ₹40,000 in a month), but even a typical online cart lands you around 5% effective cashback, and the ₹4,000 monthly ceiling is fairly generous. The weak spots are the thin 0.75% offline rate and the absence of both a fuel waiver and lounge access — treat it as a specialist for online spending rather than an everyday all-rounder. Compared with the [Axis ACE](/cards/axis-ace), which waives its lower ₹499 fee at ₹2 lakh of spend, this card only makes sense if your online spend is large enough to justify the steeper ₹1,000 fee.
Sources & verification
Fees, reward rates, and benefits for the Axis Bank Cashback Credit Card are taken from Axis Bank 's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page . Last verified 13 Aug 2026 . Reviewed by SarvCred Editorial Team . Always confirm current details on the issuer's site before applying. How we research →
Independence. SarvCred is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for Axis Bank . All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
Frequently asked questions
Check your eligibility for this card
Answer a few quick questions and our team will reach out with matching card offers based on your profile.