Axis Bank Credit Card Fees and Charges

Interest rate for some of the Axis Bank credit cards are as follows: 

 Axis Bank Credit Card Withdrawal Fee:

Axis Bank charges a fee when you withdraw cash from the ATM using your credit card. This fee is known as ‘Withdrawal Fee’ or ‘Cash Advance Fee’. This fee is levied either as a percentage of the withdrawn amount or a fixed fee per transaction and added to credit card bill. 

Axis Bank charges a withdrawal fee of 2.5% of the transaction amount, subject to a minimum of Rs.500, depending on the card variant. It is important to note that you will also be charged an interest along with cash advance fee on the withdrawn amount. This fee is applicable from the date of withdrawal until the amount is fully repaid. It is advisable that you withdraw cash from the ATM only during emergencies. 

Withdrawal fees for some of the Axis Bank credit cards are as follows: 

Axis Bank Credit Card Overlimit Fee:

When you apply for an Axis Bank credit card, the bank assigns a specific credit limit based on the card variant and its internal policies. If you spend more than the assigned credit limit, the bank will charge an ‘Overlimit Fee’. The overlimit fee charged by the bank is generally calculated as a percentage of the exceeded amount and is added to your credit card bill.  

Axis Bank charges an overlimit of 2% to 3% depending on the card variant. Do note that Axis Bank may not offer an overlimit facility with all the credit cards. It is advisable to check with the bank for detailed information on overlimit charges related to your credit card variant.

Axis Bank Credit Card Late Payment Charges:

Axis Bank charges a late payment fee if you fail to pay even the ‘Minimum Amount Due’ on your credit card bill by the due date. The bank applies these charges as a fixed fee, based on the amount of outstanding balance, and it is added to your next credit card statement. It is important to be aware of these charges to avoid unnecessary expenses. 

Moreover, delayed credit card payments can lead to finance charges on the outstanding amount and may negatively impact your credit score. You can avoid these charges by paying at least the minimum amount by the due date. 

Late payment charges levied by Axis Bank are as follows: 

Note: You will be charged an additional Rs.100 if you fail to pay ‘Minimum Amount Due’ for two consecutive billing cycles. This charge will continue to apply for every billing cycle, until the minimum amount is cleared. 

Axis Bank Credit Card Joining and Annual Fees:

When you apply for an Axis Bank credit card, the bank may charge a joining fee at the time of card issuance. Once you complete a year using that credit card, the bank charges an annual or renewal fee for that credit card. Generally, entry-level credit cards have a lower annual fee in comparison to premium credit cards. Some entry-level credit cards are also offered at zero joining and annual fees. In case of renewal fee, you may get a waiver upon achieving the spend-based milestone set by the bank, depending on the card variant. Do note that the applicable fees and waiver conditions vary from one credit card to another. It is advisable to check with the bank and review the card’s terms and conditions before applying

Joining and annual fees for some of the Axis Bank credit cards are as follows: 

Axis Bank Credit Card Forex Markup Fee:

Axis Bank charges a ‘Forex Markup Fee’ when you use your credit card for international transactions. This fee is levied to cover the conversion cost of foreign currency into Indian rupees. Do note that this fee is applicable on all purchases made on foreign shores, ATM withdrawals, and online transactions completed in foreign currency.  

Axis Bank charges a forex markup fee of up to 3.5% of the transaction amount. However, the forex markup rate depends on the card variant, so it is advisable to check with the bank for detailed information related to your credit card.

Forex markup fee for some of the Axis Bank credit card are as follows: 

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