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My Business Card 2020

My Business Card Fee and Charges

Last Updated 17th Jul 2020
Joining fees₹ 250
First Year Annual Fees Nil
Renewal Fees from 2nd Year ₹ 250
Interest Rate/ Finance Charges per month3.25%
Brand Partner N/A
Late Payment Charges NIL

My Business Card Features

  • Welcome gift from BookMyShow worth Rs. 300
  • 10% off every time you book a movie ticket through BookMyShow, maximum monthly benefits up to 50
  • 10% off every time you book bus tickets through redBus, maximum monthly benefits up to 100
  • 10% cashback on mobile recharge through Freecharge mobile app, monthly benefits up to 30
  • Jabong gift voucher worth 500

My Business Card Benefits

  • 2 points on every Rs. 200 spent on the credit card
  • 10% off every time you shop at Myntra on a minimum purchase value of Rs. 500. Shop at Jabong with a welcome gift voucher Worth Rs. 500
  • Min. 15% off on Dining at partner restaurants across India

My Business Card Eligibility

An applicant needs to meet the following criteria to get My Business Card from Axis Bank:

  • CIBIL: Axis Bank require a minimum CIBIL score of 700 for issuing its My Business Card.
  • Occupation: Axis Bank offers this credit card to both, salaried and self employed professionals and businessman with regular source of income.
Eligibility ParametersCriteria
CIBIL Score700 and above
OccupationSalaried and Self Employed

More about Cashback Card

  • Smarter way to spend and save
  • Cashback card offers a certain percentage of the shopping value back, every time you spend on pre-specified categories on the card. You can enjoy typically a cash-back/discount of 2.5% to 5% which can even go as high as 25% on some categories such as movie tickets or others as specified. Make online payment with the card and enjoy the cashback.
  • Direct and immediate discount/cash-back available on your shopping value.
  • Allows conversion of your shopping bills into convenient monthly payments (EMIs).
  • Hassle free and automatic redemption of the cash back/discount.
  • Special discount offers on bills payment, travel, movies.
  • You can choose a card that provides higher discount on categories where you are likely to spend the most such as fuel, dining, movies, travel etc.

More about Travel and Airline Card

  • Travel with comfort
  • Travel and airline card give ease and convenience of travel if you are a regular and a frequent airline business traveler in India and to international destinations.
  • Earn additional travel mile points on each ticket purchase if you are a part of frequent flying program for an airline.
  • Miles can be transferred to airline partners.
  • Accumulated miles in your account never expire.
  • Access to premium lounges.
  • In-flight purchase discounts on food.
  • World wide acceptance of the card.

More about Rewards Card

  • Get rewards for spending
  • Rewards card offers you reward points, every time you spend on pre-specified categories. Get attractive gift vouchers and discount coupons available on accumulated reward points.
    Rewards cards are similar to cash back credit cards, but instead of receiving cash when you spend you gain reward points which can be converted into vouchers spendable at a large range of retailers.
  • Receive rewards at leading hotels, dining outlets, apparel stores, departmental stores.
  • Lounge access at selected airports.
  • Enjoy offers on holidays, golfing retreats, movie tickets, dining and more.
  • Redeem awards at a large number of shopping outlets include online retailers.
  • Convert your purchases into easy to pay EMIs.

FAQs

What charges I need to pay as joining fee for My Business Card of Axis Bank?

Joining fee charged on Axis Bank My Business Card is ₹ 250.

What is the annual fee for My Business Card ?

Annual fee charged on My Business Card is NIL.

Is there any late payment charge on My Business Card ?

No, Axis Bank does not charge any late payment fee on your My Business Card.

What is the second year renewal fee on My Business Card ?

Axis Bank charges a second year renewal fee of ₹ 250 on your My Business Card

What is the interest charge per month on My Business Card ?

Axis Bank charges an interest of 3.25% per month on My Business Card.


Axis Bank Credit Card News - Aug 2020
  • 2019-12-18 : Axis Bank and Indian Oil launch co-branded credit card
    Axis Bank and IOCL has launched a co-branded credit card for cashless payments. This has been done to expand their presence in the fast-developing credit card ecosystem in India. Customers will be able to get benefits such as cashback up to ₹250 on fuel purchases within the initial 30 days of card issuance, 20 times accelerated reward points on fuel spends at IOCL outlets as well as a waiver of fuel surcharge.
  • 2019-12-03 : Axis Bank launches wealth platform for high net worth customers
    On Monday, Axis Bank launched a wealth platform for its high net worth customers, who post an income more than Rs 5 crores. The platform is called Burgundy Private, and is designed exclusively to cater to the needs of the ultra-rich. Customers will be provided with customised solutions along with facilities like, portfolio management, estate planning, real estate advisory and tax advisory. Further, they will be issued with metal card that will club the features of debit, credit and forex cards.
  • 2019-08-28 : Axis Bank launches a digital credit card with FreeCharge
    In a bid to improve its credit card portfolio, Axis Bank launched a digital credit card with FreeCharge. The card is designed keeping in mind the needs of Millenials and thus, allows 50 days of credit period accepted across various online platforms. Further, card users can conveniently transfer the transactions into EMI. The customers can avail this digital card by entering the details in the Freecharge app.
  • 2019-07-31 : Axis Bank witnessed healthy growth across its credit card segment
    Axis Bank has witnessed a steady growth across its credit card segment. As per the latest data by RBI, the lender has achieved a compounded annual growth rate (CAGR) of 34% as against 25%. The growth in the issuance of credit cards comes after launching its co-branded credit card with Flipkart, which offers benefits across shopping, travel, and lifestyle.
  • 2019-07-22 : NPCI inks deal with JCB International Company to launch RuPay JCB Global Credit Card
    In a bid to enhance its overseas presence, the National Payments Corporation of India (NPCI) has inked a deal with JCB International Company to launch RuPay JCB Global Credit Cards. Lenders including SBI, PNB, Axis Bank, and many other lenders are planning to issue RuPay-JCB Global Cards. The cardholders will enjoy free lounge access across International airports and an attractive cashback of up to 30% on transactions.
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More
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