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One of the main aspects that people appreciate about this credit card is the extensive range of rewards and cashback options it provides. Users have mentioned how they love earning rewards on their everyday business expenses, which can then be redeemed for exciting gifts, travel vouchers, or even statement credits.
The flexibility of these rewards has definitely struck a chord with users, as they can tailor their redemptions according to their preferences.
Another aspect that people have commended is the seamless and user-friendly mobile app that Axis Bank provides. Users have found it incredibly convenient to manage their credit card transactions, view their reward status, and even make payments on the go.
The security features offered by Axis Bank have also been highly praised. Users feel reassured knowing that their transactions are protected through advanced security measures and fraud detection systems.
Rates and Fees of Axis Bank Executive Corporate Credit Card
Annual Fee: The annual fee of Axis Bank Executive Corporate Credit Card is INR 3,500. This is very high as compared to other credit cards.
Late Payment Penalty Fee: The late payment penalty of Axis Bank Executive Corporate Credit Card is 3% of the total amount due.
Returned Payment Fee: Axis Bank Executive Corporate Credit Card is associated with a returned payment fee of starting INR 300.
Foreign Transaction Fee: The foreign transaction fee of Axis Bank Executive Corporate Credit Card is 1% of the international purchase.
Interest Rate: The interest rate of Axis Bank Executive Corporate Credit Card is 10.25% – that’s very high if you compared it to other credit cards in the country.
Qualifying for Axis Bank Executive Corporate Credit Card
Minimum Credit Score needed: You need to have an excellent credit score of 800 and above in order to get an Axis Bank Executive Corporate Credit Card.
Annual Income requirements: Aside from being of legal age, you need to have an annual income of INR 60,000 to get Axis Bank Executive Corporate Credit Card.
How to apply for Axis Bank Executive Corporate Credit Card?
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Follow these steps to apply and join the league of privileged executives who enjoy its exclusive benefits.
1. Visit the Axis Bank website: Start by visiting the official Axis Bank website, where you can find detailed information about the Executive Corporate Credit Card. This page will provide you with all the necessary details, benefits, features, and eligibility criteria for the card.
2. Review eligibility criteria: Before initiating the application process, it is essential to review the eligibility criteria to ensure that you meet the required conditions. This typically includes factors such as age, income, employment status, and credit history.
3. Gather the necessary documents: Collect all the requisite documents needed for the application process.
4. Fill out the online application form: Access the Axis Bank Executive Corporate Credit Card application form on their website. Fill in the required information accurately and provide all the necessary details as requested.
5. Submit the application: Once you have completed the application form and reviewed it for accuracy, submit it online.
6. Verification and approval process: After submitting your application, it will go through a verification process conducted by Axis Bank. They will assess your eligibility, creditworthiness, and documentation. If all requirements are met, your application will be approved.
Final thoughts
We hope you found our review of the Axis Bank Executive Corporate Credit Card helpful. As we analyzed the features, benefits, and rewards of the card, it is evident that it offers numerous advantages for corporate executives. From its competitive interest rates to its extensive worldwide acceptance, this card provides convenience and flexibility for business expenses. However, it’s important to carefully consider your individual needs and financial situation before applying for any credit card.