Skip to content

Axis Bank Executive Corporate Credit Card

4.5 / 5

Axis Bank Executive Corporate Credit Card
Joining Fee
₹3,500 + GST
Renewal Fee
₹3,500 + GST
Best Suitable For
Travel | Dining | Shopping
Welcome Benefits
N/A
Forex Markup
2% of the transaction value

Axis Bank Executive Corporate Credit Card is one of the best cards offered by Axis Bank. The card comes with great benefits and many offers for businesses, providing a way to do more with the usual business transactions. Axis Bank Executive Corporate Credit Card has a joining fee of ₹3,500 and an annual renewal fee of ₹3,500 as well. The card offers complimentary domestic as well as international airport lounge access, along with three complimentary Airport Concierge services in a year, apart from that, it also offers complimentary golf sessions.

Talking about Rewards Points, it offers 4 Reward points on domestic spends of ₹200 and 8 Reward points on international spends of ₹200. The card also offers many benefits for businesses, such as Dining benefits, Concierge Services, Contactless Technology, Fuel surcharge refunds, and much more.

Read on to learn more about this offering by Axis Bank with the review given below:

Rewards and Benefits

Rewards Rate
4 Reward Points/₹200 Spent Within India. 8 Reward Points/₹200 Spent Abroad
Welcome Benefits
N/A
Reward Redemption
Redeem Reward points on exclusive reward redemption catalogue.
Movie & Dining
Get up to 20% discount at over 4,000 restaurants all over India.
Travel
3 Airport Meet & Greet Each Year
Golf
4 Complimentary Golf Rounds and 1 Lesson Each Year
Domestic Lounge
4 Free Visits Each Quarter
International Lounge
8 Complimentary Visits to Lounges Abroad in a Year
Insurance Benefits
Travel Insurance is Included

Fees and Charges

Joining Fee
₹3,500 + GST
Renewal Fee
₹3,500 + GST
Spend-Based Waiver
N/A
Rewards Redemption Fee
Nil
Forex Markup
2% of the transaction value
Interest Rates
3% of the Total Amount Due or a minimum charge of Rs. 350
Fuel Surcharge Waiver
1% of transaction amount is refunded for fuel transactions between Rs. 400 and Rs. 4000 (Max. Rs. 400 per month)
Cash Advance Charges
2.5% of the amount withdrawn or Rs. 250 (whichever is higher)

Product Details

  • On spending Rs. 200, get 4 Reward points on domestic spends and 8 Reward points on international spends.
  • Get benefits like Airport Concierge, where you can enjoy three complimentary VIP assistance services in a year.
  • Book up to 4 complimentary golf rounds or lessons in a year.
  • Enjoy 24×7 Concierge Services while travelling with the Axis Bank Executive Corporate Credit Card.
  • Get 8 times access in a year at over 1,110 airport lounges worldwide.
  • 4 complimentary access to domestic lounges in India.

Axis Executive Corporate Credit Card Features and Benefits

Axis Bank Executive Corporate Credit Card offers a range of exciting privileges across categories such as travel, Rewards, dining, golf, insurance, and more. The following are the detailed features and benefits of the Axis Bank Executive Corporate Credit Card:

Golf Program

Axis Bank Executive Corporate Credit Card holders can book up to 4 complimentary golf rounds or lessons per year. Book your lesson or golf rounds on Axis Extraordinary Weekends.

Concierge Services

Enjoy the exclusive 24/7 Concierge Services on your Axis Bank Executive Corporate Credit Card and get a wide range of services like Travel Services, Shopping Services, Golfing Services, Business Services, and much more.

Airport Meet & Greet

Enjoy the luxurious Airport Meet and Greet Services, which are included with the Axis Bank Executive Corporate Credit Card. 3 complimentary VIP Assistance services per year. To use these services, go to Axis Extraordinary Weekends and book the service.

Complimentary Lounge Access

The Axis Bank Executive Corporate offers 8 complimentary access to International lounges at more than 1,100 lounges worldwide for you and your accompanying guests as well. Avail the same with LoungeKey. In case you use lounge access more than the limit, then the visit will be charged at USD 32 per person.

Also, the card offers 4 complimentary access to domestic lounges in India.

Insurance Benefits

The insurance benefits offered by the Axis Executive Corporate Credit Card are mentioned below:

Insurance Cover Amount
Emergency Hospitalisation ₹5,000
Lost Card Liability ₹2 Lakh
Medical Evacuation ₹3,000
Hijack Distress Allowance ₹1,000
Critical Illness ₹10 Lakh
Baggage Delay ₹30,000
Missed Connecting International ₹30,000
Delay in Checking in Baggage ₹30,000
Loss of Checked Baggage ₹30,000
Loss of Documents (Passport/Visa) ₹10,000
Corporate Liability Policy ₹2,00,000

Read more about all the insurance benefits on the Axis Bank’s website. 

Fuel Surcharge Waiver

Cardholders can receive a 1% refund of the surcharge on fuel purchases made with the Axis Bank Executive Corporate Credit Card. The waiver is applicable only on fuel transactions between ₹400 and ₹4,000, and the maximum refund amount is capped at ₹400 per statement cycle.

Axis Executive Corporate Credit Card Features

Axis Executive Corporate Credit Card Reward Points

  • 4 Reward points on domestic spends of ₹200
  • 8 Reward points on international spends of ₹200.

Reward Redemption

Redeem the earned Reward Points for gift cards, stationery, electronic gadgets, lifestyle products, Travel, and E-Vouchers.

Axis Bank Executive Corporate Credit Card Fees & Charges

  • Joining Fee: Axis Bank charges Rs. 3,500 (plus applicable taxes) as the joining fee for the Axis Bank Executive Corporate Credit Card.
  • Annual Fee: Axis Bank charges a yearly fee of Rs. 3,500 (plus applicable taxes) for Axis Bank Executive Corporate Credit Card from the 2nd year onwards.
  • Late Payment Fee: 3% of the total amount due (Min. ₹ 350) is applicable on the due amount on the card if the cardholder is unable to clear all the dues by the payment due date.
  • Forex Mark-up Fee: A foreign currency mark-up fee of 2% (plus applicable taxes) of the transaction amount is applicable on all foreign currency transactions made with the Axis Bank Executive Corporate Credit Card.
  • Cash Advance Charges: A charge of 2.5% of the amount withdrawn or a flat Rs. 250 (whichever is higher) is applicable on the cash advance transactions made on the Axis Bank Executive Corporate Credit Card.

Axis Bank Executive Corporate Credit Card Eligibility Criteria

The eligibility criteria that need to be fulfilled by the applicants in order to get approved for the Axis Bank Executive Corporate Credit Card are as mentioned below:

  • The minimum eligible age for this credit card is 21 years.
  • The applicant should have a stable source of income.
  • The applicant’s credit score and their business credit score might also be considered important factors.

Conclusion

Axis Bank Executive Corporate Credit Card offers many luxurious benefits for corporates. It is one of the highest paying back cards at Axis Bank, as the reward rate is excellent. The card is purely made for those businesses that incur a lot of travel expenses, as it offers great benefits like luxurious Airport Concierge Services and offers 8 complimentary accesses to International lounges and 4 complimentary accesses to domestic lounges in India. Not only the traveling benefits, the card also offers many lifestyle benefits like 4 complimentary golf rounds or lessons in a year, 24/7 Concierge Services, and great dining benefits.

Businesses that incur a lot of expenses in any sector can enjoy the benefit of reward points offered with the Axis Bank Executive Corporate Credit Card. The card provides 4 Reward points for domestic spends of Rs. 200 and 8 Reward points for international spends of Rs. 200. In addition, other benefits such as insurance coverage, fuel surcharge refund, and a very competitive forex transaction fee are also offered with the card. Therefore, the Axis Bank Executive Corporate Credit Card is actually a great deal. Though the Annual Fees are slightly higher than other business cards in the industry, the benefits provided with the cards justify the same. You can also check out other business credit cards offered by Axis Bank – Axis Bank Business Supreme Visa Credit Card and Axis Business Supreme Master Credit Card.

What do you think about this? Let us know your review in the comment section below.

Frequently Asked Questions

Can I access the Airport lounge beyond the complimentary limit?

Well, the Axis Bank Executive Corporate Credit Card offers eight complimentary accesses to International lounges and sixteen complimentary accesses to domestic lounges in India each year. However, if you wish to access the Airport Lounge beyond the complimentary limit, a charge will apply.

What are the foreign transaction fees charged on the Axis Bank Executive Corporate Credit Card?

The Axis Bank Executive Corporate Credit Card has a very low foreign transaction fee of just 2% plus the applicable taxes on the transaction amount.

Reader Comments

No comments yet — be the first to share your thoughts.

Leave a Comment

Your email address will not be published. Required fields are marked *