Axis Bank SELECT Credit Card Review

By | October 25, 2016

Axis Bank recently launched a couple of credit cards after the launch of Vistara co-branded credit cards. Its good to see Axis coming up with new cards after a very long time. They were running credit card business on the pretty old portfolio since past 4 yrs or so with no competitive cards in market.

Axis Bank SELECT Credit Card Review- Free for Burgundy customers

Axis Bank SELECT Credit Card Review- Free for Axis Burgundy customers

Axis Bank SELECT Credit Card is a Visa Signature Variant and it appears that its free for Axis Burgundy customers (AQB: 10 Lakhs), however, am unsure if they’re also issuing to others with some Joining Fee.

Benefits of Axis Bank SELECT Credit Card:

Welcome Bonus: Rs.1,000 Jabong Voucher

Lounge Access:

  • You get 6 Complimentary Visits per Year through Priority Pass Lounge programme.

For a long time i’ve been waiting to see competitors to HDFC for issuing Priority Pass based lounge access and here we go. PP Lounge Access serves good for international lounge Access, while you can use the credit card directly for domestic lounge access, courtesy Visa Lounges.

eDGE Loyalty Reward points:

Axis Bank’s eDGE Loyalty Reward point system has evolved a lot in recent times that its in par and above HDFC reward system that comes with cards like regalia.

  • Earn 10 eDGE reward points on every Rs. 200 spends. (1% Value)
  • Earn 20 Points per Rs 200 on ‘Retail Shopping’ spends. (2% Value)
  • Approx Value of 1 RP = 0.20 ps

Insurance cover:

  • Air Accident Cover upto Rs. 2,50,00,000
  • Purchase Protection upto Rs. 1,00,000
  • Lost Card Liability upto Rs. 3,00,000
  • Loss Travel Documents Cover upto 300 USD
  • Delay of Check-In Baggage Cover upto 300 USD
  • Loss of Check-In Baggage Cover upto 500 USD

I never see it as a reason to choose a card, but i see good numbers above. Though I’ve to figure out what this purchase protection actually mean by.

Axis Bank SELECT Credit Card Features:

  • Card Expert Rating: 4.5/5
  • Reward Rate: 1% – 2%
  • Joining Fee: Free for Axis Bank Burgundy customers
  • Fuel Surcharge Waiver: 2.5% fuel surcharge waived off on fuel transactions of maximum Rs. 4,000 at any fuel outlet.
  • Complementary Airport lounge access: Yes, 2 per Quarter via Visa Lounges & 6 Visits per yr via Priority Pass Programme.
  • Foreign Exchange Markup fee: 3.5% + Service Tax
  • Other Features: 3 complimentary Golf rounds per year. Additionally, 1 extra round of Golf per every Rs 1 Lac spent in a card-setup year. Better insurance cover. Taj Epicure Membership.

Overall, i see it a good competitor for HDFC Regalia Credit Card which is a premium credit card for ages except that Axis is not concentrating on Forex Markup fee. However, i did notice that Axis Bank Burgundy debit cards has a super cool 0.035% (now 3.5%) Markup fee which is pretty close to 0% markup fee with Indusind Signature Exclusive Debit Card.

Well, i see Credit/debit card industry in India is now getting some good competition 🙂

What do you think about the new Axis Bank SELECT Credit Card? Share your views in comments below.

21 thoughts on “Axis Bank SELECT Credit Card Review

  1. mv srinivas

    hi siddarth can u pls give review on axis myzone credit card

    thanks in advance

  2. ritesh

    Which one is better Axis Select credit card or Axis reserve credit card?

  3. Amit Sen


    From where are you able to confirm 0.035% foreign exchange markup fee for Axis Bank Burgundy debit cards ?
    In website it says 3.5%.

  4. AN

    Hi Siddharth,

    which is better in comparison, Axis bank Signature or Select.


    1. Siddharth Post author

      If you get Select card for free, ofcourse its the better one.

  5. Gagan

    Any reader has idea if this is only for Axis Bank customers or even non-axis bank customers can get this card?

  6. Dr Ashok

    Hi there Siddharth,
    I enjoyed that write up. I am an axis bank burgundy customer and I’ve just applied for the select credit card. I also have the SBIcard visa signature which they just converted to the SBIcard Elite and have lost a lot of benefits in the process 🙁
    The main reason I am planning to shift to axis bank is because SBIcard refuses to increase my limit even after showing evidence that I’m earning enough to cover it and keep maxing out the card.
    MY question is,
    In ur opinion, which of the above two would be better for reward points?

    1. Siddharth Post author

      Sounds good,
      SBI Elite is good upto certain milestone spend, beyond which you can route the spend on Select Card.

  7. Nikhil Vatrana

    Axis Bank today is refusing that they even have a product called Axis Bank Select. The branches are not aware and if you request for a call back online, the lead is given for Vistara Credit Card. Anyone facing the same issue?

  8. Arjun Jayasimha

    I managed to get this card under lifetime free despite not being a Burgundy customer. I have a priority salary Account with Axis since almost 5 years and had a Axis visa signature card since 2013. The card doesn’t seem to have too many unique features – in fact the Axis visa signature card used to refund 25% of movie expenses including food and beverage purchases as a cash back. This card doesn’t have that feature and has even recently discontinued Taj Epicure. If you can get a Yes First exclusive card then Priority pass lounge access as a reason to take this card vanishes. I don’t see this card being a game changer for Axis.

    1. Siddharth Post author

      That’s interesting to know that Axis gives this card for free for non-burgundy customers too. Yes, its not a great card compared to hdfc/yesbank but it does have Priority Pass free visits due to which it can be called one of the best among Axis cards for those who need international Lounge access.

  9. suman ghosh

    Dear Siddharth,
    Please confirm if the Priority pass membership is valid only for primary card holder ? Or, add on card holder also can use it.

    1. Siddharth Post author

      Pls check with Axis Customer care. They reply to emails at light speed. like in few mins to hrs 🙂

  10. Parag

    I am holding this card. Few changes that they have made:
    a. Instead of Jabong Voucher they are now awarding 5000 edge point on first transaction
    b. Taj Epicure membership has been discontinued


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