Axis BankCashback
Axis Bank ·
Cashback
Joining ₹1,000 · Annual ₹1,000 · Waived on ₹4 lakh of annual spends
Fee break-even: ≈₹1,33,333/yr through this card at its base rate. Below that, the fee eats the rewards.
Earns cashback. Credited as cashback, no points arithmetic
Verified 13 Aug 2026Forex markup3.5%
EMI₹299 plus GST below ₹50,000, ₹599 plus GST at ₹50,000 and above processing fee · A converted purchase stops earning rewards · The fee is charged on every conversion and is not refunded if you cancel or pre close. Tenures run 3 to 24 months.
Return by category
| Category | Return | Notes |
|---|---|---|
| Online spend | 5% | Cashback tops out at ₹4,000 a statement month. The rate is tiered, reaching 7% at higher monthly online spends, and Axis prints the tier table in its terms · Axis has announced revised terms effective 28 August 2026, check the linked document before relying on the tiers |
| Amazon | 5% | Uses its online rate |
| Flipkart | 5% | Uses its online rate |
| Subscriptions & OTT | 5% | Uses its online rate |
| Offline spend | 0.75% | Base rate |
| UPI spending | 0% | No RuPay variant is published, so UPI linking is unavailable |
| Dining | 0.75% | Base rate |
| Swiggy | 0.75% | Base rate |
| Zomato | 0.75% | Base rate |
| Groceries | 0.75% | Base rate |
| Quick commerce | 0.75% | Base rate |
| Swiggy Instamart | 0.75% | Base rate |
| Blinkit | 0.75% | Base rate |
| BigBasket | 0.75% | Base rate |
| Movies & shows | 0.75% | Base rate |
| BookMyShow | 0.75% | Base rate |
| PVR INOX | 0.75% | Base rate |
| Fuel | 0% | Fuel does not earn cashback |
| Travel (general) | 0.75% | Base rate |
| Flights | 0.75% | Base rate |
| Hotels | 0.75% | Base rate |
| MakeMyTrip | 0.75% | Base rate |
| IRCTC rail | 0.75% | Base rate |
| International | −2.75% | 0.75% reward − 3.5% forex markup |
| Utilities & bills | 0.75% | Base rate |
| Rent | 0% | Rent does not earn cashback |
| Education fees | 0.75% | Base rate |
| Insurance premiums | 0.75% | Base rate |
| Government & tax | 0.75% | Base rate |
| Wallet loads | 0% | Wallet loads earn nothing |
| Anything else | 0.75% | Base rate |
| Jewellery | 0.75% | Base rate |
Rates are the card's own published rates, before any spend profile. Add this card inMy cards to rank it against the rest of your wallet.
Also worth knowing
- Welcome benefit: EDGE reward points worth about ₹500 in the first year on early spends
- ₹150 instant Swiggy discount offers alongside
What we liked
- Tiered online cashback that reaches 7%, with the biggest monthly ceiling of the cashback cards at ₹4,000
- An unlimited 0.75% on offline and travel underneath
- ₹4 lakh waiver on a ₹1,000 fee is reachable for its audience
What to mind
- The best rates only arrive at high monthly online spends
- Axis revises the card's terms on 28 August 2026, so recheck the tiers
- Fuel, rent and wallet loads earn nothing
Sources
Every figure above comes from the issuer's own pages and documents. Last verified 13 Aug 2026.