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Is the Axis Bank Select Credit Card Worth It?

Enter what you spend where this card pays more, and the benefits you would use. See what it is worth to you in rupees, after its fee.

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Axis Bank Select Credit Card
Axis Bank Select Credit CardView card →
  • Grocery card
  • Needs ₹50,000 a month income
  • ₹3,540 fee a year (with GST)
  • Fee waived from ₹66,667 a month
  • 1% base, up to 2% on groceries
  • 14 lounge visits a year
  • Pays in reward points
Good for
  • groceries: 2% back, up to ₹400 a month
  • spending ₹66,667 or more a month: the ₹3,540 fee is waived
  • flyers: 14 airport lounge visits a year
Skip it if
  • you spend less than ₹66,667 a month (₹8,00,000 a year, rent and wallet loads not counted): the ₹3,540 fee is then charged
  • most of your spending is fuel, utility bills, rent or insurance: those earn nothing on this card
  • you pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
  • you rarely spend on groceries: the 2% rate applies only there, everything else earns 1%
  • you often pay in foreign currency: 3.5% is added to every foreign spend
  • you sometimes pay only the minimum due: interest of 3.75% a month (45% a year) outweighs any reward

Your spend a month, by kind

Terms on the normal rate: 10 EDGE Reward Points per ₹200 (~1%) on all spends, uncapped; accelerated to 20 points per ₹200 (~2%) on eligible spends up to ₹20,000 a month. 1 point ≈ ₹0.20.

Also earns nothing on: Gold and jewellery, Gift cards.

Total on the card: ₹0 a month

Abroad and benefits

Every rate on this card, and what your spend earns

Earns nothing onRentWallet loadsFuelGovernmentUtility billsInsuranceEducationTollsGold and jewelleryGift cards

Spend categoryRateMonthly capWhere it appliesYour spend earns
UPI payments (scan and pay)Earns nothing-a Visa or Mastercard card cannot pay by UPI-
Online shopping1%No capThe card's normal rate-
Dining and food delivery1%No capThe card's normal rate-
Groceries2%₹400, shared with other bonus ratesAll merchants in the categoryTerms: 2X retail-shopping accelerator, 20 EDGE Reward Points per ₹200 (~2%), capped at ₹20,000 of such spend a month (2,000 points) shared across all retail-shopping merchant types; above the cap the rate reverts to 10 points per ₹200.-
Travel: flights, hotels, trains1%No capThe card's normal rate-
FuelEarns nothing-earns nothing on this card-
Bills and rechargesEarns nothing-earns nothing on this card-
RentEarns nothing-earns nothing on this card-
Insurance premiumsEarns nothing-earns nothing on this card-
School and college feesEarns nothing-earns nothing on this card-
Wallet top-upsEarns nothing-earns nothing on this card-
Taxes and government paymentsEarns nothing-earns nothing on this card-
Spend abroad or in a foreign currency1%No capThe card's normal rate-
Everything else1%No capThe card's normal rate-

Common Questions

When is a credit card worth its annual fee?

When the rewards you actually earn in a year are more than the fee plus 18% GST, or when you spend enough for the bank to waive the fee. This calculator works out both from the card's own published terms.

Why is GST added to the fee?

Card fees carry 18% GST, so a ₹1,000 fee costs ₹1,180. Where the bank already quotes the fee with GST, it is not added twice.

What does 'capped' mean?

Many cards limit the reward you can earn in a month in a category. Spending above the cap earns nothing extra, so the calculator stops counting there.

Is a lifetime free card always better?

Not always. A paid card with higher rewards can leave you with more once you spend enough. The break-even line shows the monthly spend where that starts.

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