Axis Bank
Axis Bank Freecharge Credit Card
Data last verified: 24 October 2026
- Joining fee₹250 + GST
- Annual fee₹250 + GST
- Reward rate0.2% on most spends
Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.
- Joining fee₹250 + GST
- Annual fee₹250 + GST
- Forex markup3.5%
- Interest (APR)3.75% a month, 45% a year
01Axis Bank Freecharge Credit Card Rewards and Benefits
02Axis Bank Freecharge Credit Card Annual Fee and Charges
- Joining fee
- ₹250 + GST
- Annual fee
- ₹250 + GST
- Spend-based waiver
- None
- Rewards redemption fee
- Nil
- Forex markup
- 3.5%
- Interest rate
- 3.75% a month (45% a year)
- Fuel surcharge waiver
- No
- Card replacement
- Not published
03What It's Worth, in Rupees
If you spend ₹20,000 a month on this card:
- ₹20,000 on everything else, earning 0.2%₹40
- Back each month, ₹480 a year₹40
- Annual fee with 18% GST−₹295
- In your pocket each year₹185
Worked out from this card's reward rates, caps and fee in our data; a rate limited to named merchants is not counted here. Your own spending will differ: see what this card is worth at your spend.
Skip it if…
- you spend less than ₹12,500 a month: below that the ₹295 fee costs more than the rewards
- most of your spending is fuel, rent or wallet top-ups: those earn nothing on this card
- you pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
- you spend a lot on government payments: the card's terms do not state a rate there, so we count nothing
- 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
04How Axis Bank Freecharge Credit Card earns Rewards
0.2% on most spends.
| Spend category | Rate | Monthly cap | Where it applies |
|---|---|---|---|
| UPI payments (scan and pay) | Earns nothing | - | a Visa or Mastercard card cannot pay by UPI |
| Online shopping | 0.2% | No cap | The card's normal rate |
| Dining and food delivery | 0.2% | No cap | The card's normal rate |
| Groceries | 0.2% | No cap | The card's normal rate |
| Travel: flights, hotels, trains | 0.2% | No cap | The card's normal rate |
| Fuel | Earns nothing | - | earns nothing on this card |
| Bills and recharges | 0.2% | No cap | Anywhere else in the category |
| Bills and recharges, only at listed merchants | 0.2% | No cap | Only at: Freecharge app, recharges and bill paymentsTerms: Freecharge app recharges/bill payments earn EDGE points plus spend-based monthly bonus points |
| Rent | Earns nothing | - | earns nothing on this card |
| Insurance premiums | 0.2% | No cap | The card's normal rate |
| School and college fees | 0.2% | No cap | The card's normal rate |
| Wallet top-ups | Earns nothing | - | earns nothing on this card |
| Taxes and government payments | Not stated | - | the card's terms state no rate here; many cards pay nothing on these |
| Spend abroad or in a foreign currency | 0.2% | No cap | The card's normal rate |
| Everything else | 0.2% | No cap | The card's normal rate |
Terms on the base rate. Roughly 1 EDGE Reward Point per ₹100 on general spends; exact base rate not clearly published
Point value. 1 point is worth about ₹0.2 at the bank's stated value.
05Axis Bank Freecharge Credit Card Travel Benefits
Spending abroad carries a 3.5% forex markup; rewards on it: 0.2% back (the normal rate). See what it costs on your trip
Also on the card. milestone bonuses.
- Milestone bonuses: Monthly spend milestone (lower rung), 100 EDGE points in any month you spend ₹2,000 to ₹4,999; 1,200 points a year at ₹2,000 every month
- Milestone bonuses: Monthly spend milestone (top rung), 350 EDGE points (100 + 250) in any month you spend ₹5,000 or more; 4,200 points a year in total at ₹5,000 every month
06Axis Bank Freecharge Credit Card Eligibility and Documents
- Employment
- Salaried or self-employed
Documents. PAN card Aadhaar / valid address proof Income proof, salary slips (salaried) or ITR (self-employed)
07Recent Changes
What Axis Bank changed on this card recently. The facts on this page already reflect them.
| Date | Change | Before | Now |
|---|---|---|---|
| 28 Aug 2026 | Reduced: Dynamic currency conversion markup more than doubles to 3.5%Source: Axis Bank | 1.5% + GST | 3.5% + GST |
| 28 Aug 2026 | Reduced: New top late-payment slab of Rs 1,300 above Rs 50,000Source: Axis Bank | ₹1,200 on any total payment due above ₹10,000 | ₹1,200 from ₹10,001 to ₹50,000; ₹1,300 above ₹50,000 |
| 28 Aug 2026 | Reduced: Tolls and road fees stop earning rewards; gift cards split into their own categorySource: Axis Bank | Bridge fees, road fees and tolls earned at the normal rate | No rewards or cashback on bridge fees, road fees and tolls |
| 1 Oct 2025 | Reduced: EDGE points can be forfeited on card closure or overdueSource: Axis Bank | No published forfeiture window | Forfeitable 30 days after closure, or if minimum due is unpaid beyond 90 days |
| 20 Jun 2025 | Changed: Reward-earn exclusions move from MCC to spend-categorySource: Axis Bank | Excluded spends identified by 4-digit Merchant Category Code | Same spends identified by named spend category |
See this card's change history → · All card changes in August 2026 →
08Cards Similar to Axis Bank Freecharge Credit Card
Axis Bank Freecharge Credit Card is a rewards card. The two below are the closest on SkyloFin; open any of them, or put them side by side.
| Feature | Axis Bank Freecharge Credit Card |  Federal Scapia Credit card |  SBI BPCL Credit Card |
|---|---|---|---|
| Joining fee | ₹250 + GST | Lifetime free | ₹499 + GST |
| Annual fee | ₹250 + GST | Lifetime free | ₹499 + GST |
| Rewards | 0.2% on most spends | 2% on most spends; 4% only at partner merchants | 0.25% base, up to 1.25% on dining; 3.25% only at partner merchants |
| Domestic lounge | Not included | Unlimited | Not included |
| Forex markup | 3.5% | 0% | 3.5% |
| Type | Rewards | Travel | Fuel |
09Explore More
Card facts last verified 24 October 2026.
Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Never Miss Your Axis Bank Freecharge Credit Card Bill
The SkyloFin app reads your bank's bill SMS, reminds you before the due date and marks the bill paid when you pay. Free on Android, and your data stays on your phone.
Common Questions
What is the joining fee for the Axis Bank Freecharge Credit Card?
The joining fee is ₹250 + GST. Check the bank's page before you apply, because fees change and promotional waivers come and go.
What is the annual fee for the Axis Bank Freecharge Credit Card?
The annual fee is ₹250 + GST.
Does applying through SkyloFin cost more?
No. You pay the same fees you would pay applying directly with Axis Bank. We earn a commission from the bank when someone applies through our link, and that is how the site is funded.
SkyloFin is not a bank and does not approve applications. Fees, rewards and eligibility rules are set by the provider and can change without notice. Always read the terms on the provider's site before you apply.
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