Best Axis bank life time free credit cards - 2024

 



1)    Flipkart Axis Bank credit card:

The Axis Bank Flipkart Credit Card is a co-branded credit card designed to offer attractive rewards and benefits, especially for frequent shoppers on Flipkart and its partner brands. Here are the key features and benefits of the Axis Bank Flipkart Credit Card:

Key Features:

  1. Joining and Annual Fees:
    • Joining Fee: ₹500 plus taxes.
    • Annual Fee: ₹500 plus taxes, waived off on spending ₹2 lakh or more in a year.
  2. Welcome Benefits:
    • Up to ₹1,100 worth of Flipkart vouchers, including discounts on Flipkart, Myntra, and 2GUD.
  3. Cashback and Reward Points:
    • 5% Cashback: On Flipkart, Myntra, and 2GUD.
    • 4% Cashback: On preferred partners like Swiggy, Uber, PVR, and Cure. fit.
    • 1.5% Cashback: On all other spends.
    • Cashback is credited as statement credit in the subsequent billing cycle.
  4. Fuel Surcharge Waiver:
    • Waiver of 1% fuel surcharge on fuel transactions between ₹400 and ₹4,000, subject to a maximum benefit of ₹500 per statement cycle.
  5. Lounge Access:
    • 4 complimentary domestic airport lounge visits per year (max 1 per quarter).
  6. Dining Offers:
    • Discounts on dining through Axis Bank’s dining delights program, providing up to 20% off at partner restaurants.
  7. Other Benefits:
    • Discounts and offers on travel, dining, and other lifestyle categories with Axis Bank partner merchants.
    • Contactless payment technology for quick and secure transactions.

Fees and Charges:

  • Interest Rate: Typically, around 3.6% per month (42.36% per annum) on the outstanding amount if not paid within the due date.
  • Late Payment Fee: Varies based on the outstanding amount, usually starting from ₹300.
  • Overlimit Fee: 2.5% of the overlimit amount, subject to a minimum of ₹500.
  • Cash Advance Fee: 2.5% of the transaction amount, subject to a minimum of ₹500.

Eligibility Criteria:

  • Age: Generally, between 18 and 70 years.
  • Income: Specific income criteria that can vary; typically require proof of stable income.
  • Credit Score: A good credit score is preferred for approval.

Application Process:

  • Online Application: This can be done through the Axis Bank website or Flipkart’s website.
  • Documentation: Requires submission of proof of identity, address, and income.

Pros:

  • High cashback rate on Flipkart and partner brands.
  • Complimentary airport lounge access.
  • Discounts on dining and other lifestyle categories.
  • Fuel surcharge waiver.

Cons:

  • An annual fee is applicable, although it can be waived with high spending.
  • Cashback on non-partner brands and categories is relatively lower.
  • High interest rates on unpaid balances.

Conclusion:

The Axis Bank Flipkart Credit Card is a great option for frequent shoppers on Flipkart and its partner brands, offering significant cashback and rewards on purchases. Its additional benefits, such as airport lounge access and dining discounts, make it a well-rounded card for a variety of spending needs. Always check the latest terms and conditions directly with Axis Bank, as these can be updated periodically.


2)    Axis Kiwi Rupay Credit Card:

The Axis Bank Kiwi Credit Card, also known as the KWIK RuPay Credit Card, offers several unique features and benefits, focusing on seamless integration with UPI for convenient digital transactions. Here are the key aspects of the card:

Features and Benefits

  1. Virtual Card: Upon approval, users instantly receive a virtual credit card via the Kiwi mobile app, eliminating the wait for a physical card.
  2. UPI Transactions: The card can be linked to UPI apps like Kiwi, allowing you to make payments via UPI at merchants with QR codes, including small and rural-area merchants.
  3. Rewards: Earn 2 EDGE reward points for every ₹200 spent on domestic and international purchases. These points can be redeemed for a variety of options including products, vouchers, flight and hotel bookings, and more. Note that transactions like fuel purchases, wallet reloads, and rental payments do not earn reward points.
  4. Fuel Surcharge Waiver: Enjoy a 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000, with a maximum benefit of ₹150 per month.
  5. Lifetime Free: The card does not have any joining or annual fees, making it a cost-effective option for users.

Fees and Charges

  • Interest Rate: 3.6% per month (52.86% per annum).
  • Forex Markup Fee: 3.5% on international transactions.
  • Reward Redemption Fee: ₹49 for redeeming 300 to 10,000 points, and ₹99 for more than 10,000 points.
  • Fuel Surcharge Waiver: 1% on transactions between ₹400 to ₹4,000.

Application Process

  1. Download Kiwi App: Available on the Google Play Store or Apple App Store.
  2. Submit Details: Enter personal details, including PAN and mobile number.
  3. KYC Verification: Complete the video KYC process through the app.
  4. Virtual Card Issuance: Upon approval, the virtual card is instantly available on the app.

Eligibility and Documentation

  • Age: 18 to 70 years.
  • Nationality: Indian.
  • Income Proof: Salary slips or bank statements for salaried individuals; audited ITR for self-employed individuals.
  • ID and Address Proof: Aadhar card, PAN card, passport, etc.

The Axis Bank Kiwi Credit Card is ideal for those looking for a cost-effective credit card with the convenience of UPI transactions and a straightforward rewards system 

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