| Joining/Annual Fee | ₹ 1000 + GST
Annual fee waived off on spends of ₹ 1,00,000 and above
|
| Add-on card Joining/Annual Fee | Nil |
| Cash Withdrawal Fee | 2.5% on the amount withdrawn (Minimum ₹500) |
| Finance Charges - Interest | 3.75% (45% annual) |
| Late payment charges | Nil if outstanding amount is less than ₹ 500
₹ 500 if outstanding amount is between ₹ 501 and ₹ 5,000
₹ 750 if outstanding amount is between ₹ 5,001 and ₹ 10,000
₹ 1,200 if outstanding amount is greater than
₹ 10,001
An additional INR 100 charge will be levied if the 'Minimum Amount Due (MAD)' is not paid for two consecutive cycles and will apply until the MAD is cleared. |
| Over limit charge | 2.5% (Minimum ₹ 500) of Over limit amount
(excluding fees, charges and taxes) |
| Returned Payment Charge (Cheque / ECS / ACH / SI bounce charge) | 2% of payment amount (Minimum Rs. 450, No Maximum cap on the fee |
| Fuel transaction charge | 1% (+GST) of Transaction Amount
Surcharge refunded for spends done at IOCL fuel outlets |
| Railway ticket booking surcharge
| As prescribed by IRCTC / Indian Railways |
| Rent surcharge | 1% + GST per transaction will be applicable on each rental transaction done with IndianOil Axis Bank Premium Credit Card |
| Statement Request (beyond 3 months) | Nil |
| Reissue of lost, stolen or damaged card | Nil |
| Foreign currency transactions
| 3.50% of Transaction value |
| Dynamic Currency Conversion markup | 1.5% + GST will be applicable on Axis Bank Credit Cards for each International transaction performed in Indian currency at International location or transactions performed in Indian currency with merchants located in Indian
but registered in foreign nation. |
| Cash deposit at Citi branches | ₹175 per deposit |
| Reward Redemption Fee | Nil |
Get 4% value back on fuel spends at IndianOil outlets
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