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 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
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
Axis Bank Freecharge Plus Credit Card : Summary Table
| 5% special cashback on Freecharge spends | You earn 5% cashback on all Freecharge spends. |
| 2% special cashback on ‘local commute’ spends | You earn 2% cashback on local commute expenses. |
| 1% basic cashback on all other spends | You earn 1% cashback on all other spends. Exceptions : no cashback is given on wallet load , fuel spends, cash withdrawal, purchase of gold items and all types of jewellery transactions, purchase of gift cards, EMI transactions, purchases converted to EMI post facto, rental payments. For full details and other terms and conditions, please click here – Axis Freecharge card terms and conditions. |
| Dining benefits : – 15% discount at restaurants, in partnership with EazyDiner | – You get a 15% discount up to ₹500 , at over 4,000 restaurants nationwide. Minimum order amount of ₹2,500. – Hence you get a 15% discount on orders between ₹2,500 and ₹3,333. On orders above ₹3333, your discount% falls below 15% since the maximum discount is fixed at ₹500 – This offer can be redeemed once every month. |
| Annual Fee – zero for 1st year , ₹350 from 2nd year onwards | Annual fee offers – Renewal offer : Annual fee is not charged from the second year onwards , if you spend ₹50,000 or more in the previous year. |
Pros & Cons
Benefits of using the Axis Bank Freecharge Plus Credit Card
- Very 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.
Full Review of the Axis Bank Freecharge Plus Credit Card
Features & Benefits of Axis Bank Freecharge Plus Credit Card
5% special cashback on Freecharge spends
Earning special rewards : you earn 5% cashback on spends done on the Freecharge website and app
Redeeming rewards : cashback earned during a billing cycle is automatically credited by the 8th of the next month.
Limits on special cashback : No monthly or annual caps/limits on earning cashback
Other important information : for full details, refer here.
2% special cashback on local commute spends
Earning rewards : you earn 2% cashback on local commute spends
Redeeming rewards : cashback earned during a billing cycle is automatically credited by the 8th of the next month.
Limits on cashback : No monthly or annual caps/limits on earning cashback
Other important information : same as explained in the above section.
1% basic cashback on all other spends
Earning rewards & exceptions: You earn 1% cashback on all other spends, except the following spends on which you earn no rewards – wallet loads, fuel spends, cash withdrawal, gold & jewellery transactions, returns & reversals, gift card purchases, EMI transactions, purchases converted to EMI, and rental payments.
Redeeming rewards & other important information : same as explained in the above section.
Dining Delights program – upto 15% discount at participating restaurants
This program is offered by Axis Bank, in partnership with EazyDiner. You get a 15% discount up to ₹500 on your restaurant orders , at over 4,000 restaurants nationwide. Minimum order amount required is ₹2,500.
Hence you get a 15% discount on orders between ₹2,500 and ₹3,333. On orders above ₹3333, your discount% falls below 15% since the maximum discount is fixed at ₹500. For example, if your order amount is ₹5000, you will get a maximum discount of ₹500 and your discount % would be 10%. And if your order amount is ₹2,000 , you get no discount since the minimum order value to avail the discount is ₹2,500.
This offer can be redeemed once every month.
For a list of participating restaurants and more information, please visit here.
Other Important Terms and conditions of the dining program :
– Offer Period: 1st July 2023 – 30th June 2024 (inclusive of both days)
– Offer applicable on booking via the Axis Bank Dining Delights Program on EazyDiner
– For escalations , you need to contact the ED Concierge Board Number / Email ID. Phone No.7861004444 Email: booking@eazydiner.com.
Other Cardholder Benefits
| 24/7 customer support | Please click here for all the options to contact the bank for various issues and escalations |
| Security features | Chip and PIN technology – security for offline transactions : In the past, credit cards typically used a magnetic stripe located on the back of the card to store and transact data. However, the latest generation of credit cards includes a CHIP and PIN feature, which provides enhanced security. Only you know your PIN, so even if your card is lost, it is unlikely to be misused since BOTH the physical card and the PIN must be spent on the card. Two-factor authentication – security for online transactions : When making an online transaction, you approve your online transaction by using a One-time Password (OTP) you get on your mobile phone. Since only you know the OTP, the card is unlikely to be misused unless someone has access to BOTH your card details AND your mobile phone. This ensures a safe online purchase experience. SMS alerts and notifications – for both offline and online transactions : For your peace of mind, you get free SMS alerts and notifications for all your Axis Bank Freecharge Plus credit card transactions. Hence you will know about all transactions on your Axis Bank Freecharge Plus credit card. In the unlikely scenario of misusing your card, you would still get these alerts and notifications – which will help you immediately block your credit card. |
| Contactless payment | Look for the contactless network symbol on your card to determine if your credit card is contactless. In India, contactless payments are allowed for a maximum of ₹5000 for a single transaction without requiring a Credit Card PIN. For transactions equal to or higher than ₹5000, the cardholder must input their Credit Card PIN for security reasons. |
Important Card Fees and Charges
Annual fee & annual fee offers
| Annual fee | Annual fee offers | |
|---|---|---|
| 1st year joining fees | Nil | – |
| Renewal fee from 2nd year onwards | ₹350 | Renewal 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 due | Late payment charges |
|---|---|
| Less than ₹500 | None |
| 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 age | 18 years |
| Maximum age | 70 years |
| Occupation | Salaried, self-employed |
| Income requirements | Not specified |
| Credit score | Preferably above 750 |
Application Process
Step-by-step guide to applying for the card
| Online Application process | 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. 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 process | You can visit any of the nearest branches of the bank and talk to an executive regarding the process. |
| Approval timeline and process | In 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 very 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.
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.
On this page
- Brief overview
- Pros and cons
- Detailed look at the card
- Features & benefits
- Other cardholder benefits
- Card fees & charges
- Eligibility criteria
- Application process
- Frequently asked questions
FIND THE BEST CREDIT CARD