Axis Bank Freecharge Plus Credit Card
5% eligible Freecharge on-deck non-utility cash; 2% checked local commute; 1% base floor; ₹100 transaction minimum, one ₹350 fee plus GST deducted
Try your spend →Conditional direct-card cashback floor
One entered eligible direct-card, non-EMI purchase is repeated each statement cycle for twelve cycles. The dedicated Freecharge Plus on-deck chip prices only online non-utility and non-telecom purchases made through eligible Freecharge application merchant IDs. Not every app transaction is an on-deck purchase. The dedicated local-commute chip prices eligible direct-card purchases under MCCs 4121, 4131, 4111 or 7512 at 2%, online or offline; Ola and Uber names alone do not verify classification. Eligible Amazon, Flipkart, Myntra, other shopping and grocery purchases get a conservative 1% base floor. All rates require a transaction of at least ₹100; cashback is rounded down to whole rupees per individual transaction. No cashback cap is stated in the checked current terms. That is not a promise of unlimited or guaranteed cashback: personal-use rules, credit limit, issuer changes, eligible merchant classification, refunds and later EMI conversions apply. The estimate assumes one qualifying purchase per cycle, no refunds or other charges; splitting spending into smaller transactions can change cashback. One ₹350 card fee plus estimated 18% GST (₹413) is deducted without a fee waiver or welcome value. The product page lists ₹350 joining fee, nil first-year annual fee and ₹350 renewal fee; the current KFS lists ₹350 joining and annual fees. One ₹350 fee represents a first-year joining fee or annual renewal, not both at once. Negative net returns are shown. Utility and telecom routes remain unpriced, including otherwise potentially eligible Freecharge bills: the issuer fee schedule applies a 1% utility fee on cumulative spends of ₹25,000 or more per statement cycle, and this floor does not model that route. All UPI, wallet loads, fuel, cash withdrawals, gold and jewellery, gift cards, government, insurance, education, rentals, financial institutions, repayments, EMI and later EMI conversions, bridge/road/tolls and other unverified routes are excluded or unpriced. Cashback is credited by the eighth of the month following statement generation; later returns or EMI conversions reverse cashback and may become outstanding debt. Fuel relief, lounges, welcome benefits and other perks are unpriced, not absent. Network is unspecified because named issuer proof has not been verified. Pay in full; interest and other charges can erase returns.
Whole-rupee transaction examples
One ₹1,155 qualifying purchase per cycle earns ₹57 at 5%, ₹23 at 2% or ₹11 at 1%. For twelve cycles after ₹413 card fee including estimated GST, annual nets are ₹271, −₹137 or −₹281 respectively. ₹5,000 on the eligible 5% route earns ₹250 per cycle and ₹2,587 annual net. A ₹99 purchase earns no cashback, giving −₹413 annual net after the card fee. No fee waiver, welcome value or unstated cap is assumed; non-utility eligibility and merchant classification must be checked.
Issuer sources
Named product and fees · Current Freecharge Plus cashback terms · June 2025 category exclusions · August 2026 gift-card and toll exclusions · 17 September 2026 KFS
Checked 2 October 2026. Utility, telecom and all UPI unpriced; network unspecified.