Our Money Guide

By: OurMoneyGuide || Last updated on: March 20, 2024

The Axis Bank Freecharge Plus Credit Card is issued by Axis Bank in partnership with Freecharge. It offers 5% cashback on Freecharge spends, and hence is a good card choice for making different kinds of utility payments & recharges on the Freecharge platform. It also offers 2% on local commute spends, and has a comparatively low annual fee.

Brief Summary

Our rating
4.0 / 5

Our View

Best for earning cashback (5%) on various kinds of payments on Freecharge platform. The card also offers 2% cashback on local commute spends.

The annual card spend target to get annual fee waived off (from 2nd year onwards) is low – ₹50,000. The 1st year annual fee is zero.

Axis Bank Freecharge Plus Credit Card

on Freecharge app

Axis Bank Freecharge Plus Credit Card

Special Benefits

5% cashback on Freecharge spends

Other Benefits

2% cashback on ‘local commute’ spends

Minimum Income

Not specified

Annual Fee

1st year fee – Zero
Renewal fee – ₹ 350 (from 2nd year onwards)

Annual Fee Offers

Renewal fee waived off at ₹50,000 annual spend

Pros & Cons

Benefits of using the Axis Bank Freecharge Plus Credit Card

  • Good card for frequent Freecharge users, since you get 5% unlimited cashback on various types of spends
  • The Axis Bank Freecharge Plus credit card offers an easy cashback process,  without complicated procedures or requirements.
  • This credit card has a low annual fee. It also offers a low annual spend target (of ₹50,000), to get an annual fee waiver from 2nd year onwards.

Limitations and drawbacks to consider

  • It can only be used as a specialist card, along with other cards since it does not offer attractive rewards on other major spending needs such as shopping and travel.
Axis Bank Freecharge Plus Credit Card

Features & Benefits of Axis Bank Freecharge Plus Credit Card

5% special cashback on Freecharge spends

You earn 5% cashback on spends done on the Freecharge website and app

Cashback earned during a billing cycle is automatically credited by the 8th of the next month.

For full details, refer here.

2% special cashback on local commute spends

You earn 2% cashback on local commute spends.

Cashback earned during a billing cycle is automatically credited by the 8th of the next month.

1% basic cashback on all other spends

You earn 1% cashback on all other spends.

Exceptions : No cashback is given on wallet loads, fuel spends, cash withdrawal, gold & jewellery transactions, returns & reversals, gift card purchases, government & education spends, EMI transactions, purchases converted to EMI, and rental payments.

Dining offers in partnership with EazyDiner (Dining Delights Program) : 15% discount (upto ₹500) once a month, at participating restaurants

Axis Bank 24/7 customer care support

Important Card Fees and Charges

Annual fee & annual fee offers

Annual feeAnnual fee offers
1st year joining feesNil
Renewal fee from 2nd year onwards₹350Renewal offer : Annual fee is not charged from the second year onwards , if you spend ₹50,000 or more in the previous year.
(Rent transactions and wallet load transactions will not be considered as eligible spends , towards availing this annual fee waiver)

Hence, the card is free if you spend ₹50,000 or more annually .

Late payment fee

Late payment fee depends on the total payment due

Total bill amount dueLate payment charges
Less than ₹500None
Between ₹501-₹5000₹500
Between ₹5,001-₹10,000₹750
₹10,001 and above₹1,200

Foreign currency mark-up fee
3.50% of the transaction amount. This fee is charged when you use your credit card outside India.

Finance charges
3.60% per month

Please note

– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– To view all/updated fees & charges on this card, please click here – Axis Bank Freecharge Plus Credit Card Fees & Charges

Eligibility Criteria

The Axis Bank Freecharge Plus Credit Card is exclusively available through invitation, and eligible individuals will find an option to apply for it within their Freecharge Mobile App.

Some general eligibility criteria are mentioned below.

Minimum age18 years
Maximum age70 years
Income requirementsNot specified
Credit scorePreferably above 750

Application Process

Step-by-step guide to applying for the card

Online Application processThe Axis Bank Freecharge Plus Credit Card is exclusively available through invitation, and eligible individuals will find an option to apply for it within their Freecharge Mobile App.

General application steps are mentioned below –
– Fill up the application form
– Make sure to submit the required documents, including identity proof (Voter card, Aadhar card, PAN card, etc.), address proof (Aadhar card, Voter card, PAN card, driving licence, etc.), and proof of income (salary slips, audited ITR acknowledgement).
– Review your application and click submit.
– Await confirmation from regarding the status of your application.
Offline (face to face)  Application processYou can visit any of the nearest branches of the bank and talk to an executive regarding the process.
Approval timeline and processIn most cases, the credit card decision would be communicated within 7 – 21 working days. In certain cases, it could take longer, especially if the bank wants more information and documents from you.

Click here to track the status of your Axis Bank Credit Card application.

Necessary documents and verification

Required Documents 
– PAN card photocopy or Form 60
– Colour photograph
– Income proof : Latest payslip/Form 16/IT return copy 
– Residence proof (any one of the following) : Passport , Ration Card, Electricity bill, Landline telephone bill
– Identity proof (any one of the following) : Passport, Driving license, PAN card, Aadhaar card

Please note that this list is only indicative. Documents required may vary on a case-to-case basis.

Conclusion

In conclusion, the Axis Bank Freecharge Plus Credit Card is a good card choice to make various kinds of payments on the Freecharge website or mobile app. It also has a comparatively low annual fee, and a comparatively low annual spend target of ₹50,000 to make the card virtually free.

However, Axis Bank Freecharge Plus Credit Card can only be used as a specialist card, along with other cards since it does not offer attractive rewards on other major spending needs such as shopping and travel. Hence one will need to ideally get other credit cards to benefit from all your spends.

Apply Now

on Freecharge app

Frequently Asked Questions

How does the cashback process work?

The cashback process is straightforward. With eligible transactions, you can earn cashback which is automatically credited to your card account in the beginning of the month following your card statement date. The specific cashback rates and categories are mentioned in the review above.

Can I manage my Axis Bank Freecharge Plus credit card account online?

Yes, Axis Bank provides online banking facilities that allow you to conveniently manage your Axis Bank Freecharge Plus credit card account, check statements, make payments, and more.

Does this Axis Bank Freecharge Plus credit card provide any travel benefits?

No, it Axis Bank Freecharge Plus credit card does not provide specific travel benefits. For that you will need to look for the best travel cards available in the marketplace, as was covered in the review above.

Who is eligible to apply for the Axis Bank Freecharge Plus Credit Card?

It’s an invite only credit card, so only individuals who have received an invite within their Freecharge Mobile app can apply for the Axis Bank Freecharge Plus credit card.