Axis Bank Cashback

Tiered 2–7% eligible online cashback; 0.75% offline/travel. Confirm your actual channel, merchant code and eligibility.

Where it pays

Issuer product page and card T&C give eligible online cashback per statement cycle: 2% on the first ₹5,000, 5% on the next ₹35,000, 7% thereafter until ₹4,000 total online cashback in the cycle. Eligible in-store and travel MCC spending receives 0.75%, uncapped. Online travel receives 0.75% rather than the higher online tiers. Utilities have a 0.5% cap of ₹100/cycle, but the generic chip cannot establish merchant code or per-transaction rounding, so no utility amount is scored. Cashback is automatically credited as statement credit. Exclusions include transportation/tolls, insurance, education, jewellery, government, wallet, rent, and fuel. Gift-card terms are changing under a separate issuer notice and are not scored here. Cashback is rounded down per transaction; model treats the entered amount as one eligible transaction per cycle, and actual split payments may earn slightly less. Joining and annual fee ₹1,000 plus GST; conditional ₹4 lakh renewal waiver omitted and existing customers may have different fee terms. Welcome points omitted. T&C: https://www.axis.bank.in/docs/default-source/ld/axis-bank-cashback-credit-card-tnc.pdf . Fee source: https://www.axis.bank.in/mitnc . The card was missing from earlier issuer directory and added from the live issuer product page.

Issuer source

https://www.axis.bank.in/cards/credit-card/cashback-credit-card

Checked 27 Sep 2026. One category repeated monthly; not an account-wide return. Conditional welcome and milestone benefits are omitted. Check current issuer terms before applying.