Axis Bank
Axis Bank Olympus Credit Card
Data last verified: 24 October 2026
- Joining fee₹20,000 + GST
- Annual fee₹20,000 + GST
- Reward rate4% base, up to 8% on foreign spends
Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.
- Joining fee₹20,000 + GST
- Annual fee₹20,000 + GST
- Forex markup1.8%
- Interest (APR)3% a month, 36% a year
- Fuel surcharge waiver1%
- Fuel waiver cap₹400 a month
01Axis Bank Olympus Credit Card Rewards and Benefits
02Axis Bank Olympus Credit Card Annual Fee and Charges
- Joining fee
- ₹20,000 + GST
- Annual fee
- ₹20,000 + GST
- Spend-based waiver
- None
- Rewards redemption fee
- Nil
- Forex markup
- 1.8%
- Interest rate
- 3% a month (36% 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:
- ₹5,000 on spend abroad or in a foreign currency, earning 8%₹400
- ₹15,000 on everything else, earning 4%₹600
- Back each month, ₹12,000 a year₹1,000
- Annual fee with 18% GST−₹23,600
- It costs you each year₹10,396
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.
Good for
- Foreign spends: 8% back
- Frequent flyers: unlimited airport lounge visits
- Spending abroad: 1.8% markup, most cards add 3.5%
Skip it if…
- you spend less than ₹49,500 a month: below that the ₹23,600 fee costs more than the rewards
- 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 foreign spends: the 8% rate applies only there, everything else earns 4%
- you sometimes pay only the minimum due: interest of 3% a month (36% a year) outweighs any reward
04How Axis Bank Olympus Credit Card earns Rewards
4% base, up to 8% on foreign 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 | 4% | No cap | The card's normal rate |
| Dining and food delivery | 4% | No cap | The card's normal rate |
| Groceries | 4% | No cap | The card's normal rate |
| Travel: flights, hotels, trains | 4% | No cap | The card's normal rate |
| Fuel | Earns nothing | - | earns nothing on this card |
| Bills and recharges | Earns nothing | - | earns nothing on this card |
| Rent | Earns nothing | - | earns nothing on this card |
| Insurance premiums | Earns nothing | - | earns nothing on this card |
| School and college fees | Earns nothing | - | earns nothing on this card |
| Wallet top-ups | Earns nothing | - | earns nothing on this card |
| Taxes and government payments | Earns nothing | - | earns nothing on this card |
| Spend abroad or in a foreign currency | 8% | No cap | All merchants in the categoryTerms: 2 EDGE Miles per ₹100 on international spends, double the domestic rate, with a low 1.80% forex markup |
| Everything else | 4% | No cap | The card's normal rate |
Terms on the base rate. 1 EDGE Mile per ₹100 on domestic spends, ~1% base, up to ~2-4% via 1:4 transfer to most airline/hotel partners (seven, incl. BA Avios, Finnair, Qatar and Accor, at 1:2)
Point value. 1 point is worth about ₹4 at the bank's stated value.
05Axis Bank Olympus Credit Card Lounge Access and Travel
Domestic lounge access is unlimited, international is unlimited, through Priority Pass with Priority Pass. Guests get 10 visits a year. Unlimited domestic and international lounge access for primary and add-on cardholders, with 10 Priority Pass guest visits an anniversary year and 10 domestic guest visits a calendar year. From 28 Aug 2026 Priority Pass no longer opens Indian domestic loun. Spending abroad carries a 1.8% forex markup; rewards on it: 8% back. See what it costs on your trip
Also on the card. concierge service, golf privileges, hotel membership, airport lounge access, milestone bonuses.
- Concierge service: 24x7 lifestyle concierge, 8 complimentary airport concierge services and 2 airport pick-ups or drops a year, plus a complimentary Taj Epicure membership, Taj Dining privileges and up to 30% off dining via Axis Dining Delights / EazyDiner.
- Golf privileges: 8 complimentary golf rounds or lessons a year (one guest included), plus one additional round for every ₹50,000 spent on the card.
- Hotel membership: Third-night-free on Hotels.com, book at least three nights (one room, primary cardholder), twice a calendar year. Visa Infinite gets an instant coupon on the third night base fare excluding taxes; Mastercard World Elite gets a statement-credit rebate within 2 billing cycles.
- Airport lounge access: Unlimited domestic and international lounge access for primary and add-on cardholders, with 10 Priority Pass guest visits an anniversary year and 10 domestic guest visits a calendar year. From 28 Aug 2026 Priority Pass no longer opens Indian domestic lounges, show the card and boarding pass.
- Milestone bonuses: Annual ₹10,000 Taj or ITC hotel gift voucher on each renewal, plus 2,500 EDGE Miles (the matching welcome voucher and miles are a one-off joining bonus, counted separately).
06Recent Changes
What Axis Bank changed on this card recently. The facts on this page already reflect them.
| Date | Change | Before | Now |
|---|---|---|---|
| 15 Nov 2026 | Reduced: Complimentary memberships renew only if you opt inSource: Axis Bank | Memberships renewed automatically each year | Renewed only with the cardholder's explicit consent |
| 22 Sept 2026 | Changed: Accor ALL returns as a transfer partner, in Group ASource: Axis Bank | Accor ALL unavailable since 2 April 2026 | Accor ALL back, in Group A |
| 22 Sept 2026 | Changed: Cathay Asia Miles, Lufthansa Miles & More and Hilton Honors addedSource: Axis Bank | None of the three available | Asia Miles in Group A; Miles & More and Hilton Honors in Group B |
| 22 Sept 2026 | Reduced: Club ITC removed as a transfer partnerSource: Axis Bank | Club ITC available | Club ITC removed |
| 22 Sept 2026 | Reduced: Flying Blue, Air India and Qantas moved into the smaller Group A transfer capSource: Axis Bank | Group B (the larger annual transfer allowance) | Group A (a quarter of the Group B allowance); ratios unchanged |
See this card's change history → · All card changes in November 2026 →
07Cards Similar to Axis Bank Olympus Credit Card
Axis Bank Olympus Credit Card is a international card. The two below are the closest on SkyloFin; open any of them, or put them side by side.
| Feature | Axis Bank Olympus Credit Card |  AU Traverse Credit Card |  AU Xcite Ultra Credit Card |
|---|---|---|---|
| Joining fee | ₹20,000 + GST | ₹4,999 + GST | ₹749 + GST |
| Annual fee | ₹20,000 + GST | ₹4,999 + GST | ₹749 + GST |
| Rewards | 4% base, up to 8% on foreign spends | 0.5% base, up to 1% on foreign spends | 1% base, up to 3% on foreign spends |
| Domestic lounge | Unlimited | 8 visits a year | 8 visits a year |
| Forex markup | 1.8% | 0.99% | 3.49% |
| Type | International | International | International |
08Explore 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 Olympus Credit Card Bill
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Common Questions
What is the joining fee for the Axis Bank Olympus Credit Card?
The joining fee is ₹20,000 + 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 Olympus Credit Card?
The annual fee is ₹20,000 + GST.
Does the Axis Bank Olympus Credit Card give airport lounge access?
Yes. Domestic lounge access is unlimited, international is unlimited, through Priority Pass with Priority Pass. Check the bank's page for the current rules, because lounge programmes change.
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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