| Charges |
Axis Bank Miles and More World Credit Card |
Axis Bank Miles and More Select Credit Card |
| Standard Joining Fee |
Rs.3,500 + GST |
Rs.10,000 + GST |
| Standard Annual Fee (2nd year onwards) |
Rs.3,500 + GST |
Rs.4,500 + GST |
| Standard Add-on Card Joining Fee |
Nil |
Nil |
| Standard Add-on Card Annual Fee |
Nil |
Nil |
| Finance Charges (Retail Purchases & Cash) |
3.7% per month (55.55% per annum) |
3.7% per month (55.55% per annum) |
| Cash Withdrawal Fees |
2.5% (Min. Rs. 500) of the Cash Amount |
2.5% (Min. Rs. 500) of the Cash Amount |
| Fee for Cash Payment |
Rs. 175/- |
Rs. 175/- |
| Card Replacement |
Nil |
Nil |
| Duplicate Statement Fee |
Waived |
Waived |
| Overdue Penalty or Late Payment Fee |
Nil if Total Payment Due is less than Rs. 500 |
Nil if Total Payment Due is less than Rs. 500 |
| Rs. 500 if total payment due is between Rs. 501 - Rs. 5,000 |
Rs. 500 if total payment due is between Rs. 501 - Rs. 5,000 |
| Rs. 750 if total payment due is between Rs. 5,001 - Rs. 10,000 |
Rs. 750 if total payment due is between Rs. 5,001 - Rs. 10,000 |
| Rs. 1200 if total payment due is greater than Rs.10,000 |
Rs. 1200 if total payment due is greater than Rs.10,000 |
| Additional INR 100 on missing payment of Minimum Amount Due (MAD) by the due date for two consecutive cycles. This charge will continue to be applicable for every payment cycle until the MAD is cleared. |
Additional INR 100 on missing payment of Minimum Amount Due (MAD) by the due date for two consecutive cycles. This charge will continue to be applicable for every payment cycle until the MAD is cleared. |
| Over Limit Penalty |
2.5% of the overlimit amount (Min. Rs. 500) |
2.5% of the overlimit amount (Min. Rs. 500) |
| Chargeslip Retrieval Fee or Copy Request Fee |
Waived |
Waived |
| Outstation Cheque Fee |
Waived |
Waived |
| Cheque return or dishonour Fee or Auto-debit Reversal |
2% of the payment amount subject to Min. Rs.500 |
2% of the payment amount subject to Min. Rs.500 |
| Surcharge on purchase or cancellation of Railway Tickets |
As prescribed by IRCTC / Indian Railways |
As prescribed by IRCTC / Indian Railways |
| Foreign Currency Transaction Fee |
3.50% of the transaction value |
3.50% of the transaction value |
| Mobile Alerts for Transactions |
Waived |
Waived |
| Hotlisting Charges |
Waived |
Waived |
| Balance Enquiry Charges |
Waived |
Waived |
| Reward Redemption fee |
No |
No |
| Rent Transaction fee
(Applicable from 5th March
2023) |
1% fee per transaction will be applicable on rental transactions. Taxes will be applicable as notified by Government of India.
|
1% fee per transaction will be applicable on rental transactions. Taxes will be applicable as notified by Government of India.
|
| Wallet load transaction |
1% fee will be levied on cumulative wallet load transactions of Rs. 10,000 or more in a statement cycle |
1% fee will be levied on cumulative wallet load transactions of Rs. 10,000 or more in a statement cycle |
| Fuel Transaction |
1% fee will be levied on cumulative fuel transactions of Rs. 50,000 or more in a statement cycle |
1% fee will be levied on cumulative fuel transactions of Rs. 50,000 or more in a statement cycle |
| Education Transaction |
1% fee will be applicable on each education payments done through third party apps |
1% fee will be applicable on each education payments done through third party apps |
| Utility Transaction |
1% fee will be levied on cumulative spends of Rs. 25,000 or more made towards utility payments in a statement cycle within a statement period |
1% fee will be levied on cumulative spends of Rs. 25,000 or more made towards utility payments in a statement cycle within a statement period |
| Online skill-based gaming |
1% fee will be applicable for cumulative spends of Rs. 10,000 or more on online skill-based gaming platforms in a statement period |
1% fee will be applicable for cumulative spends of Rs. 10,000 or more on online skill-based gaming platforms in a statement period |
| Dynamic Currency Conversion
markup (Applicable from 5th
March 2023)
|
1.5% on 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
|
1.5% on 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
|
