Axis Bank Reserve Credit Card

Axis Bank Reserve Credit Card Features and Benefits

Since it is the most premium offering by Axis Bank, apart from the Reward Points benefits, the card comes loaded with a plethora of other add-on privileges like unlimited complimentary lounge access at domestic and international airports, complimentary membership of hotel loyalty programs, and restaurant dining programs, complimentary golf games, comprehensive insurance cover and many more.

Welcome/Renewal Benefits

• You get 50,000 Edge Reward Points with an Axis Bank Reserve Credit Card as a welcome benefit on card activation.
• The bonus 50,000 Edge Reward Points are credited to your credit card account every year the card membership is renewed, subject to the realization of the annual fee.

Complimentary Memberships

• Club ITC Culinaire Membership: You are entitled to a complimentary Club ITC Culinaire Membership with benefits such as a complimentary third-night stay (2+1 nights stay), 50% discount on published room tariff on suites on weekends, 25% Green Points on food and beverages spends, a bouquet of 10 certificates and many other benefits.
• Accorplus Membership: You also get a complimentary membership of the Accorplus hotel loyalty program. Under the Accorplus program, you get complimentary room upgrades at Accor hotels, up to 50% off on dining, a complimentary lunch buffet for two across Accor hotels in India, and 2complimentary night stays at all Accor hotels across the Asia Pacific region.
• Club Marriott Asia Pacific Membership: You also get up to 20% off on food and beverages and a discount of 20% on the best available rates on participating Marriott hotels in India and on weekend rates in Asia Pacific.

Travel Benefits

• Complimentary Airport Concierge Service: You get 8 complimentary VIP assistance services at airports that include assistance across airport processes such as immigration, security checks, and porter services.
• Airport Lounge Access: You are entitled to unlimited complimentary domestic airport lounge access and unlimited airport lounge access at select international airports across the globe with complimentary Priority Pass membership.
• Exclusive offers at Oberoi Hotels and Resorts: 15% discount on room-only rates and room with breakfast rate or a complimentary 3rd-night stay at Oberoi Hotels and Resorts. You are entitled to a discount of 50% on the best available rates on suites.
• Benefits at Postcard Hotels: You get a number of complimentary benefits at Postcard Hotels, including a 15% discount on the best available room rates, anytime check-in and checkout facility, and complimentary lifestyle consultation (applicable only on Postcard hotels in Goa).

Luxury Airport Transfers

With the Reserve Credit Card, you also get luxury airport transfers, i.e., your travel from the airport to your final destination will now be arranged by your card issuer to make your travel experiences even more luxurious and hassle-free. You get 4 complimentary luxury airport pick-ups/drop-offs annually.

Movies and Dining Benefits

BOGO Offer on BookMyShow

Buy One Get One offer on booking movie and non-movie tickets through BookMyShow (max benefit of Rs. 500 on movie ticket bookings and Rs. 1,000 on non-movie ticket bookings).

Complimentary Eazydiner Prime Membership

You are entitled to a complimentary membership of the Eazydiner Prime dining program, under which you get up to 25% off at premium restaurants across the country.

Dining Delights Program

You get a discount of up to 20% at over 4,000 partner restaurants under Axis Bank’s Dining Delights program.

Handpicked Experiences

You are entitled to curated experiences at sailing, unique tours, golf, chef for a day, etc, at extraordinaryweekends.com.

Golf Benefit

Axis Bank Reserve Credit Card entitles you to 50 complimentary rounds of golf every year at some of the most premium golf destinations in the country.

Health and Medical Benefits

• Weljii Offers: First complimentary information session and a discount of 25% on health and wellness coaching plans from Weljii.
• Second Medical Opinion: You get a complimentary referral-based service for a second medical opinion from world-class specialists at reputed international hospitals.
• Discounts on Health Packages and Pathology Tests: Axis Bank Reserve Credit Card entitles you to complimentary discounts on health packages and pathology tests at Dr. Pathlabs and Metropolis.
• Global Medical Assistance: You get global medical assistance across the world with Axis Bank’s concierge service.

Insurance Benefits

You get a comprehensive insurance plan with an Axis Bank Reserve Credit Card. The benefits covered in the plan are summarised in the table below-

Fuel Surcharge Waiver

A 1% fuel surcharge is waived on fuel purchases between Rs. 400 and Rs. 4,000. The maximum waiver amount is capped at Rs. 400 per statement cycle. You shall also earn 15 EDGE Reward Points for fuel transactions below Rs. 400 and above Rs. 4,000.

Axis Bank Reserve Credit Card Reward Earning

• You earn 15 Edge Reward Points per Rs. 200 spent with the card.
• 2X Edge Reward Points are earned on all international spending with the card.
• Spends made on utilities and government institutions will not earn EDGE reward points and won’t be considered towards the annual fee waiver.
• Rental transactions are capped at Rs. 1 lakh (7,500 EDGE Reward Points).

Axis Bank Reserve Credit Card Reward Redemption

The Edge Reward Points earned on the Axis Bank Reserve Credit Card can be redeemed for instant vouchers and exclusive products on Axis Bank’s Edge Rewards portal. 1 Edge Reward Point = Rs. 0.20. This translates into a-

• Reward rate of 1.5% on domestic spends.
• Reward rate of 3% on international spends.

Edge Reward Points can also be redeemed for Edge Miles to international and domestic airline programs at the ratio of 5:2 for Air Vistara, Etihad Airways, Qatar Airways, Marriot International, etc.

• The EDGE RPs earned by you on the Reserve credit card can be transferred to domestic as well as international partner hotel and airline loyalty program points. The revised transfer ratio is 5:2, where 5 EDGE RPs = 2 Partner Miles/Points
• The total number of reward points you can convert in a calendar year is capped at 5,00,000 RPs for a single Customer ID.
• You can just link one Customer ID to a partner program loyalty membership at a given time. If you want to link another ID, you will first have to delete the existing primary ID and add the new one.
• The cardholder must wait at least 60 days to update their partner program Customer ID at the Travel EDGE portal.

To continue with the current Miles Conversion ratio of 5:4 on the Reserve credit card, you will have to maintain the Burgundy Private account relationship and get the Burgundy Private credit card. The bank does not charge any extra fee for this special offering on the credit card.

Axis Bank Credit Card Fees and Charges

Annual Fee: As Axis Bank Reserve Credit Card is a premium credit card, you must pay a hefty annual fee of Rs. 50,000 for the card’s membership. You can get the annual fee waived on spending Rs. 35 Lakhs in the anniversary year. For customers onboarded before 1 September 2024, an annual fee waiver will be applicable on cumulative spends of 25,00,000 in the preceding card anniversary year. However, for such customers, on card anniversary dates after 1st September 2023, a fee waiver will be applicable on cumulative spends of 35,00,000 in the preceding card anniversary year.

Interest Rate: In case you are unable to pay the due amount on your credit card statement, an interest rate of 3% per month (or 42.5% annually) is applicable on the pending amount on the card.

Foreign Currency Mark-up Fee: Being a super-premium credit card, a lower markup fee of just 1.5% of the transaction amount is applicable on foreign currency transactions made with the card.

Zero Cash Advance Fee: No cash-advance fee is applicable on cash withdrawals made with the card at ATMs.

Axis Bank Reserve Credit Card Review

Axis Bank Reserve Credit Card, as you know, is a super premium credit card by Axis Bank. The card is in direct competition with the American Express Platinum Charge Card and Yes Private Credit Card, as it also comes with a hefty membership fee of Rs. 50,000 per annum. Besides a decent reward rate of 3% on international and 1.5% on domestic spending, Axis Bank Reserve Credit Card’s travel benefits are unique.

From complimentary Accorplus membership to Club ITC Culinaire Membership and exclusive discounts and offers at Oberoi hotels and resorts, the Axis Bank Reserve Credit Card offers all the benefits that one expects from a super-premium credit card.

If you frequently travel, the best pick for you is the Axis Bank Reserve Credit Card.