Axis Bank Reserve Credit Card

Axis Bank

Axis's top publicly-applicable card — none of the private-banking restriction that Burgundy Private has, but the same tier of benefits.

Travel pointspriority:lounge domesticpriority:lounge premiumDining rewards

₹50,000

Joining fee

₹50,000, waived at ₹35L spend

Annual fee

DISCREPANCY: official Schedule of Charges lists no spend-based waiver, while two independent aggregators (Paisabazaar, CardInsider) state the fee is waived at Rs 35,00,000 annual spend. Flagged as an unresolved conflict since the official document may not have fully captured this term — verify directly with Axis Bank.

1.5%

Forex markup

4.9 / 5

Rating

Eligibility

Estimated minimum income: ₹5,00,000+/month

Estimated — not officially confirmed by the bank.

Estimated minimum CIBIL score: 800+

Estimated — not officially confirmed by the bank.

Invite-only (aggregator-sourced, CardInsider); income/CIBIL thresholds not disclosed.

Sources disagree: Fee waiver terms conflict between the official Schedule of Charges (no waiver listed) and two aggregators, Paisabazaar and CardInsider (waived at Rs 35,00,000 annual spend) — see fee_waiver_detail.

Lounge access

Unlimited domestic & international lounge visits

Source says "unlimited lounges" without an explicit domestic/international split; read as covering both scopes given this card's tier.

Key features

15 EDGE points/₹200, 2X on international spend
15,000 welcome points
Unlimited lounges
50 golf rounds/year
Lowest forex in the catalog at 1.5%

Reward details

15 EDGE Reward Points per Rs 200 spent (~1.5-7.5% effective value depending on redemption method cited by different aggregators)

2X points (30 points per Rs 200) on International spend

Welcome bonus: 15,000 EDGE Points (welcome/activation bonus)

Redemption

Points redeemable at ~Rs 0.20/point via catalogue, or transferable to airline/hotel partners.

Ratio: 5:2 transfer ratio (aggregator-sourced, noted by CardInsider as low for the fee tier)

Caps: Maximum 5,00,000 points/year transferable to airline partners

Excluded from rewards: insurance, fuel, gold/jewellery, wallet loads, government institutions, utility bills

50 complimentary golf rounds annually across select courses (aggregator-sourced).

Real-world feedback

Sourced from user reviews and comparison sites (aggregator/user-sourced), not confirmed by the bank.

Praise

Premium travel perks; highest reward-earning rate among super-premium cards per one aggregator; 50 complimentary golf rounds/year called exceptional; low 1.5% forex markup appreciated — Paisabazaar/CardInsider

Complaints

Very high annual fee (Rs 50,000) with a steep/contested waiver threshold; low point-to-mile conversion ratio (5:2) criticized; partner restrictions limit redemption flexibility — Paisabazaar/CardInsider
'Highly overpriced' with 'no practical benefits'; lack of milestone/spend-based benefits despite the high fee — user quote via aggregator

Sources

Official — fees, forex
Aggregator — eligibility, lounge, rewards, sentiment
Aggregator — lounge, rewards, sentiment