| Description |
Charges |
| Joining Fee - Primary Card |
Rs.500/- |
| Joining fee – Add-on Card |
Waived |
| Annual fee – Primary Card |
Annual Fee: 500 2nd year onward
Annual fee waived off on annual spends greater than Rs.
2,00,000/- {Rent transactions ( MCC 6513 ) and wallet load
transactions ( MCC 6540 ) will not be eligible for spends
counted in availing annual fee waiver}
|
| Annual fee – Add-on Card |
Waived |
| Card replacement fee – Primary Card |
Nil |
| Card replacement fee – Add-on Card |
Rs.100/- |
| Cash Payment fee |
Rs.100/- |
| Duplicate Statement Fee |
Waived |
| Charge slip retrieval fee or Copy request fee |
Waived |
| Mini statement SMS |
Waived |
| Outstation cheque fee |
Waived |
| Transaction Alert SMS |
Free
|
| Balance enquiry charges |
Waived |
| Finance Charges (Retail purchases and Cash) | 3.6% per month (52.86% per annum) |
| Late payment fees |
Nil if Total Payment Due is less than Rs. 500
Rs. 500 if total payment due is between Rs. 501 - Rs. 5,000
Rs. 750 if total payment due is between Rs. 5,001 - Rs. 10,000
Rs. 1200 if total payment due is greater than Rs.10,000
|
| Cash Withdrawal Fee | Min. Rs. 500 up to 2.5% of the cash withdrawal amount |
|---|
| Over limit Fees | Min. Rs. 500 up to 2.5% of the over limit amount |
| Surcharge on purchase or cancellation of Railway Tickets | As prescribed by IRCTC/Indian Railways |
| Cheque return or dishonor fee or auto-debit reversal |
2% of the payment amount subject to Min. Rs.450, Max. Rs. 1,500
|
| Foreign currency transaction fee | 3.50% of the transaction value |
| GST | As per existing Government norms |
| Reward Redemption fee |
No |
| Rent Transaction fee
|
1% capped at INR 1,500 per transaction will be applicable on each
rental transaction done on Axis Bank Credit Cards. GST will be
applicable as notified by Government of India. |
| Dynamic Currency Conversion markup |
1% plus taxes will be applicable on each International transaction
performed in Indian currency at International location or transactions
performed in Indian currency with merchants located in Indian but
registered in a foreign nation. Nil for BURGUNDY PRIVATE Credit Card; |
