This article provides a concise overview of the prominent features, eligibility prerequisites, and the application procedure for Axis Bank’s Axis Bank Kwik Credit Card.
Features of Axis Bank – Axis Bank Kwik Credit Card:
Main features:
- Experience the best of both worlds with the Axis Bank Kwik Credit Card, merging credit card perks with the smooth transactional ease of UPI. Obtain an instantly issued virtual card upon approval and earn EDGE reward points with every transaction.
- For comprehensive details on applying for, activating, and utilizing the Axis Bank Kwik Credit Card, please consult the user guide.
- Credit Card Integrated with UPI.
- Instantly Generated Virtual Card.
- Accumulate EDGE Reward Points.
- Lifetime Free Card Offering.
Additional Features:
- Credit Card Integrated with UPI:
- Seamlessly conduct UPI transactions with your Axis Bank Kwik Credit Card through the Kiwi App. Refer to the User Guide for more information. End-to-End Virtual Experience:
- Instantly receive a virtual card upon approval, eliminating the need to wait for a physical card. Link it with UPI for immediate transactions. Easy Activation:
- Activate your card effortlessly:
- Link your Credit Card to a UPI App and set a UPI PIN for activation.
- Access Axis Bank Mobile App or Internet Banking, navigate to Credit Card, and activate your Kwik Credit Card using the Activation Code from the welcome letter to set the card PIN or adjust usage settings. EDGE Reward Points:
- Earn 2 EDGE reward points for every Rs 200 spent on both domestic and international transactions. Not applicable on specific transactions; refer to detailed terms and conditions. Fuel Surcharge Waiver:
- Avail a 1% fuel surcharge waiver on fuel spends between Rs 400 and Rs 4000, up to Rs. 150 per month. Note exceptions regarding the fuel surcharge imposition. Lifetime Free Card:
- No joining or annual fees accompany this card.
Card Category: Reward Points
Eligibility for Axis Bank – Axis Bank Kwik Credit Card:
To discover if you qualify for this exceptional credit card, explore the eligibility criteria designed for both salaried individuals and self-employed professionals below.
For Salaried:
- The primary cardholder’s age range is between 18 and 70 years.
- The individual must be a resident of India.
For Self-employed:
- The primary cardholder’s age range is between 18 and 70 years.
- The individual must be a resident of India.
Fees for Axis Bank – Axis Bank Kwik Credit Card:
- Joining Fee: Nil
- Annual Fee: Nil
- Card Replacement Fee: NA
- Cash Payment Fee: Rs. 100/-
- Duplicate Statement Fee: Waived
- Charge Slip Retrieval Fee or Copy Request Fee: Waived
- Outstation Cheque Fee: Waived
- Mobile Alerts for Transactions: Free
- Balance Enquiry Charges: Free
- Finance Charges (Retail Purchases and Cash): 3.6% per month (52.86% per annum)
- Cash Withdrawal Fee: NA
- Overdue Penalty or Late Payment Fees:
- Nil if total payment Due is up to Rs. 500
- Rs. 500 if total payment due is between Rs. 501 – Rs. 5000
- Rs. 750 if total payment due is between Rs. 5,001 – Rs. 10,000
- Rs. 1200 if total payment due is Rs. 10,001 and above
- Over Limit Penalty: 2.5% of the over limit amount (Minimum Rs. 500)
- Cheque Return or Dishonor Fee or Auto-Debit Reversal: 2% of the payment amount (Subject to Minimum Rs. 450, Maximum Rs. 1,500)
- Surcharge on Purchase or Cancellation of Railway Tickets: As prescribed by IRCTC/Indian Railways
- Foreign Currency Transaction Fee: 3.5% of the transaction value
- Reward Redemption Fee:
- Nil if Reward Points redeemed are less than 300
- Rs 49 if Reward Points redeemed are between 300 and 10,000
- Rs 99 if Reward Points redeemed are greater than 10,000
- Rent Transaction Fee (Applicable from March 5, 2023): 1% capped at INR 1,500 per transaction on rental transactions
- Dynamic Currency Conversion Markup (Applicable from March 5, 2023): 1% on international transactions conducted in Indian currency at international locations or transactions performed in Indian currency with merchants located in India but registered in foreign nations.
How to apply?
Click here to apply for the Axis Bank’s Axis Bank Kwik Credit Card.
Note: The information presented here is sourced from publicly available data. We cannot be held responsible for any inaccuracies in the details. For the most current and accurate information, please visit the official website of the respective bank.