An Axis Bank Credit Card can be easily availed online or at any Axis bank branch with minimal documentation and instant approval. The attractive features and benefits of varied credit cards make it quite popular among the masses.

Key Features of Axis Bank Credit Card

Axis Bank Credit Cards have the following striking features which differentiate them from their competitors:

• Low Interest Rate: Axis Bank attracts customers by offering one of the lowest interest rate of 1.95% p.m. on their selected range of cards like Insta Easy Credit Card, etc. This interest rate is one of the best rates in the industry which makes it lucrative for the customers.

• Free Credit Period: This facility entitles the customer to get up to 50 days free credit period on the transactions without any finance charge being levied on the card account.

• Highest Security: Axis Bank Credit Cards have revolutionised security with the platinum chip card. This chip offers increased security as it cannot be duplicated, which rules out skimming and counterfeiting.

• Flexibility of Credit Limit: A customer can decide their own credit limit up to 80% of the FD principal value.

• Global Emergency Assistance: This facility helps the customer to report the loss of the card and get its emergency replacement anywhere around the world.

Axis Bank Credit Card Interest Rates

The credit card finance charge is one of the crucial aspects of any credit card terms, as it represents the interest which is charged from a customer on their outstanding credit card balance. Credit card holders should consider the interest rate as an important criterion for choosing the right card for their needs. Credit card interest rates are usually based on a monthly percentage interest rate and are calculated on an average daily balance method. Axis bank credit cards are popular as they offer one of the lowest finance charges in the industry, starting from 1.95% per month. The Insta Easy Credit Card is one such credit card offered by Axis bank with attractive benefits and rewards.

The finance charges /interest rates for different credit cards offered by Axis Bank have been depicted in the below table:

Credit cards help build an individual’s credit for various purposes. Credit card holders should thoughtfully use the credit facility in order to avoid getting trapped in the heavy penalties on their card account. Hence, credit card holders should pay more attention to the card-renewal fees, finance charges, annual fees while applying for the credit card.