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Axis Business Supreme Master Credit Card

The Axis Business Supreme Master Credit Card is tailored for the needs of sole proprietors. It offers a comprehensive way to manage expenses, allowing users to combine utility bills, tax payments, insurance, and other costs, while providing accelerated rewards on select categories. The card differs in several ways from its Visa variant, which is lifetime free; in contrast, this respective Mastercard variant charges an annual fee of ₹1,500 + GST. It also offers accelerated rewards for business expense categories, such as advertising and marketing, as well as for international spending.

Axis Business Supreme Master Credit Card

( 4.5 / 5 )
Axis Bank Business Supreme Master Credit Card
  • Joining Fee₹1,500 + GST
  • Annual Fee₹1,500 + GST
  • Best Suited ForBusiness Expenses
  • Reward TypeReward Points

Rewards Rate

4 RPs/₹200 on All Domestic Spends (Exclusions Apply), 6 RPs/₹200 for Marketing & Advertising Spends, 8 RPs/₹200 on International Spends

Welcome Benefits

N/A

Movie & Dining

N/A

Rewards Rate

4 RPs/₹200 on All Domestic Spends (Exclusions Apply), 6 RPs/₹200 for Marketing & Advertising Spends, 8 RPs/₹200 on International Spends

Reward Redemption

Rewards can be Redeemed at EDGE Rewards Portal

Travel

N/A

Domestic Lounge Access

4 Free Access at Select Airport Lounges

International Lounge Access

N/A

Golf

N/A

Insurance Benefits

N/A

  • Spend-Based Waiver

    N/A

    Rewards Redemption Fee

    Up to ₹99 + GST

    Foreign Currency Markup

    3.5%

    Interest Rates

    3.6% Monthly (43.2% Annually)

    Fuel Surcharge Waiver

    1%

    Cash Advance Charges

    2.5% of the Amount or ₹500; Whichever is Less

    • Useful for sole proprietors managing business expenses, such as utilities, taxes, and insurance.
    • Offers accelerated rewards on specific spending categories.

    Pros

    • Accelerated rewards for business spends like marketing & advertising.
    • High reward rate on international transactions.
    • Domestic airport lounge access.
    • Milestone benefits for high annual spenders.

    Cons

    • No welcome benefits.
    • No dining, travel, golf, or insurance perks.
    • No spend-based fee waiver.

  • Milestone Offers

    To reward users with high spending or encourage them to make purchases via the Axis Supreme Master Credit Card, it offers the following spend-based milestone perks.

    • 10,000 EDGE Reward Points on transactions above ₹5 lakh
    • 5,000 EDGE Reward Points on annual spends of ₹8 lakh or more

    Reward Points Accrual and Redemption

    The Axis Business Supreme Master Credit Card offers an excellent rewards program, enabling cardholders to earn points at an accelerated rate on marketing and advertisement expenses, which justifies its business focus, as well as on international transactions. For more details, see the table below.

    Nature of the Transaction  Reward Rate 
    Domestic Retail Spends (Excluding Wallet Reloads, EMI Conversions, and Fuel Transactions) 4 Reward Points for Every ₹200 Spent
    Direct Marketing and Advertising Expenses 6 Reward Points for Every ₹200 Spent
    International Spends 8 Reward Points for Every ₹200 Spent

    The redemption of your accumulated points will attract a Reward Point Redemption Fee, which is based on the number of points you plan to redeem.

    Number of Reward Points Redeemed  Redemption Fee
    Up to 300 EDGE REWARD Points Nil
    300 to 10,000 EDGE REWARD Points ₹49 + GST
    More Than 10,000 EDGE REWARD Points ₹99 + GST

    The EDGE Reward Points can be redeemed at the Axis Bank rewards portal for shopping, products, gift vouchers, etc., where you get 1 EDGE RP = up to ₹0.20

    Free Airport Lounge Access

    The card offers 4 complimentary lounge accesses annually at select airports. While Axis Bank has yet to confirm whether these accesses are domestic or international officially, it’s reasonable to assume they are limited to domestic lounges, considering the card’s pricing and benefits tier.

    Axis Business Supreme Master Credit Card Features

    Axis Business Supreme Master Credit Card Review

    The Axis Business Supreme Master Credit Card is designed for sole proprietors and small business owners who want to streamline their expenses while earning rewards. With an annual fee of ₹1,500 + GST, it offers strong value through accelerated reward points on business-centric expenses, such as marketing, advertising, and international transactions. While the card lacks lifestyle perks like dining, golf, or travel insurance, it compensates with milestone benefits and 4 complimentary airport lounge visits, likely domestic. However, the absence of a spend-based fee waiver and redemption charges on reward points slightly impacts its overall appeal.

    FAQs:

    The annual fee is ₹1,500 + GST, which is also charged as the joining fee in the first year.

    Yes, it is well-suited for sole proprietors and small business owners who frequently spend on marketing, advertising, and international purchases.

    You earn 4 RPs/₹200 on domestic spends, 6 RPs/₹200 on marketing & advertising, and 8 RPs/₹200 on international spends.

    Yes, cardholders can earn 10,000 EDGE RPs on transactions above ₹5 lakh and 5,000 RPs on spends above ₹8 lakh.

    The card offers 4 complimentary airport lounge visits per year, most likely limited to domestic lounges.

    No, the Axis Business Supreme Master Credit Card does not offer a spend-based waiver on the renewal fee.

    The card charges a foreign currency markup fee of 3.5% on international transactions.

    While both have similar features, the Visa variant is lifetime free, whereas the MasterCard version charges an annual fee but offers accelerated reward rates.

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