Axis Bank Introduces Freecharge Plus Credit Card: Features, Benefits and How to Apply

In this digital age, credit cards are no longer merely a payment instrument, they have become MORE - a fitting motto for ICICI Bank Sapphiro Cards. Of the many credit card options open for us in the market, the Axis Bank Freecharge Plus Credit Card is a true cherry on the cake for tech inclined, eCommerce loving consumers. Because of its easy association with Freecharge as an account, and a bouquet of special offers on digital spends, the Axis Bank Freecharge Plus Credit Card will suit users of digital spend channels who want an extra from it.

In this blog article, we’ll be covering the features of this credit card, its pros and cons, eligibility criteria, and how your digital transaction will be truly transformed. If you are new to the bank and have been intrigued by its credit card, or if you already know about the products offered by Axis Bank, consider this your all-in-one guide that will equip you with all the details you need to know.

Axis Bank Freecharge Plus Credit Card Review - Features And Benefits

What is the Axis Bank Freecharge Plus Credit Card? This credit card is tailor made for users for whom online shopping, bill payment and other digital financial transactions are a regular routine. “Through harnessing the power of Freecharge, we will provide exceptional value to our customers and enhanced opportunities to partners and merchants.

Axis Bank Freecharge Plus Credit Card Features

Here are 5 important features which make the Axis Bank Freecharge Plus Credit Card an appealing proposition for today’s digital natives:

• Joining Fee: ₹500 (taxes apply)

• Renewal Fee: ₹500 plus applicable taxes, waived off on achieving annual spend of ₹50,000

• Rate of Interest: 3.49% per month (41.88%)* p.a.

• Cash Advance Fee: ₹300 or 2.5% of the amount withdrawn whichever is higher

• Cash Limit: Up to 80% of the credit limit

• Foreign Currency Transaction Fee: 3.5% of the transaction amount

• Other Perks: Special offers on online spends, cashback, Freecharge wallet is available on M-ticket booking, etc.

Reward System and Benefits

Cashback on Freecharge Transactions

5% cashback on Freecharge wallet recharges and transactions. This ranges from mobile top-ups, bill payments, and recharges for DTH, electricity, water, and gas.

The card is a great pick for you if you are a frequent transactor on the Freecharge FF app.

Reward Points for Other Purchases

Besides cashback on Freecharge transactions, it offers 2 reward points per Rs 150 on all other transactions—whether online or offline—this makes the card attractive for daily usage.

Special Cashback Offers

The Axis Bank Freecharge Plus Credit Card offers exclusive cashback on online shopping, travel bookings, and entertainment services. Such limited-time offers are a big lure for frequent shoppers and online shoppers looking to maximize what’s back in their pocket.

1% Cashback on all other retail purchases with particular emphasis on digital transactions such as online shopping, food delivery and e-commerce.

The offers themselves have changed over time, with Axis Bank and Freecharge coming up with new partnerships intermittently in order to add value for their cardholders.

Reward Redemption Options

The reward points accumulated on the Axis Bank Freecharge Plus Credit Card can be utilised in the following ways:

• Statement Credit: Points can be turned into statement credit.

• Gift Vouchers: You can also redeem your reward points for startling gift vouchers from leading brands.

• Travel Bookings: Axis Bank has its own travel partner website where you can avail discounts on all your flight and hotel bookings, just with a tap of your finger.

• Unused Points: Points can also be redeemed for cashback in the Freecharge wallet.

This versatility in the redemption choices allows cardholders to redeem their points in the manner that best fits their lifestyle.

Freecharge and Axis Freecharge Offer For Freecharge Lovers only For Axis Bank User Only

The best part about the Axis Bank Freecharge Plus Credit Card has to be its direct association with the Freecharge platform. Freecharge is one of India's most used digital wallet and payment solution platforms with over 4 million customers. Freecharge serves millions of customers daily for their transactions and payments. The following exclusive benefits of the card make it a true experience that is elevated to another level:

Freecharge Wallet Integration

Instant Reload: Customers can Offer not valid on virtual cards and International cards which are issued outside India and Offer not valid on corporate & commercial cards. This now enables the ecosystem of e-commerce to benefit from instant payments and makes the user experience easier when using Freecharge for their day to day transactions.

Instant Cashback on Freecharge Wallet: Cardholders receive instant cashback to their Freecharge Wallet on qualifying spends, along with cashback on Freecharge transactions. This makes the credit card an ideal card for those who use Freecharge often for online recharges and payments.

Exclusive Discounts and Offers

Axis Bank has tied up with a whole bunch of brands, such as food delivery platforms, movie platforms, e-commerce websites among others to offer discounts for Freecharge Plus Credit Card customers. From special deals on movie tickets to eateries in town, you even get discounts on travel bookings – all in all, this card opens up a universe of savings to its users.

Axis Bank Freecharge Plus Credit Card Eligibility Criteria

If you are interested, follow the process to apply for Axis Bank Freecharge Plus Credit Card. These include:

Age Requirements

The candidate should be aged between 21–60 years.
If you are a salaried or self-employed, you can apply for this credit card.

Income Criteria

• Applicant must have net monthly income of at least ₹30,000.

• For self-employed the annual income needs to be minimum ₹5,00,000.

Credit Score

You should have a decent credit score of at least 750 for approval, although people with lower scores may still qualify depending on other conditions too.

Documentation Required

• Identity proof (Aadhaar card, PAN card, passport, voter ID, etc.)

• Documents: Proof of identity (utility bills, rental contract, passport, etc.)

• Proof of income (payslip, bank statement, IT returns, etc.)

Benefits of the Axis Bank Freecharge Plus Credit Card

Seamless

There are a few benefits of owning the Axis bank Freecharge Plus Credit Card, and one of them is that they make valuable additions to your wallet. Here, we will take a look at some of the key benefits:

Digital-First Benefits

In the era of e-commerce and digital payment, this has some amazing advantage for online consumers. From cashback on Freecharge transactions to exclusive discounts across e-commerce, the card amplifies your online shopping experience.

Ease of Use with Freecharge

Also, it is very convenient for wallet top up and to carry out the transactions. From paying bills to purchasing a movie ticket or shopping online, this card offers convenient, hassle-free use.

Low Annual Fee

At ₹500 plus GST annual fee, that's actually not a bad price at all for a premium card, especially when you consider the number of rewards and benefits they throw in as well. And the fee can be waived with enough annual spending.

Rewards on Every Transaction

With the 2 reward points for every ₹150 spent, shoppers can accumulate points on every purchase made, online or offline. This is a good choice for people who do not travel as much who are seeking a card that can be used for optimal reward perks.

Cons of the Axis Bank Freecharge Plus Credit Card

There are several features which are offered on the Axis Bank Freecharge Plus Credit Card, however it is important to note that there may be a few drawbacks as well:

Reward Redemption Limitations

Although the reward points system is flexible in terms of using rewards, the rewards system can feel restrictive next to other premium credit cards. For example, premium credit cards could come with more valuable rewards or more frequent bonus point opportunities.

High Interest Rates

The card has a high rate of interest at 3.49% per month on unpaid balances. If you tend to carry a balance from one month to the next, interest charges can add up fast, eroding the value of the rewards.

Low Credit Limit

Credit lines for new cardholders may also start out lower. This can be raised over time by responsible use, but won’t appeal to the high spender immediately.

Final Thoughts

The Axis Bank Freecharge Plus Credit Card is perfect for those who have Freecharge as their most frequent payment app. Digibank provides a good blend of cashback and rewards on online spends and is appealing for the digitally savvy users. Whether it’s loading your Freecharge Wallet or shopping at your favorite merchant or restaurant, you never have to leave home without your Freecharge again.

It isn’t the best fit for someone seeking more exclusive luxury perks or premium travel offerings, but it definitely appeals to anyone who enjoys having a frictionless experience, digital payments, and cash back. If you’re an individual who frequently conducts online transactions and would like to get the most out of your spends by receiving cashback, rewards, offers, the Axis Bank Freecharge Plus Credit Card could be the ideal one for you in your pocket.