Axis Bank AURA Credit Card

Eligibility Criteria

Axis Bank AURA Credit Card:

Axis Bank AURA Credit Card is another premium product and one of the finest offered according to the needs of its affluent customers’ lifestyles. It combines various exclusive benefits, rewards, and privileges to enhance the cardholder’s financial journey. Let’s be taken through the details of this credit card.

Card Details

The Axis Bank AURA Credit Card is a high-end Credit Card and bundle of benefits crafted especially for the discerning customer. Here are the details:

1. Type of Card: Visa Signature

2. Annual Fee: ₹3,500 + GST ((Fee for the first year only)

2. Renewal Fee: ₹3,500 + GST (there won’t be a fee on spending ₹3.5 lakh this year)

3. Add-on Card Fee: Up to 3 free

5. Credit Limit: Customizable provided it meets the eligibility set for income and credit score

6. Interest Rate: 3.5% monthly (annual 42%)

Eligibility Criteria

To be able to apply for the Axis Bank AURA Credit Card, one must qualify via the following parameters:

1. Age: Should fall between 21 to 70 years

2. Work Status: Salaried and self-employed

3. Income: Should possess a minimum income of ₹12 lakh or above on an annual basis

4. Credit Score: Generally it is considered good in the range of 750 or above

5. Citizenship: Resident of India or NRI

6. Employment: Applicant should necessarily have at least worked for a year if salaried

7. Employment Stability: Applicant needs to have minimum of 3 years in his/her profession if a self-employed professional.

Noteworthy is that in the event these conditions are met, this does not make it mandatory for the card to be approved, and Axis Bank will scrutinize an application keeping in mind a range of other factors.

Documentation Required

The documentation that will be required to apply for the Axis Bank AURA Credit Card comprises the following :

1. A filled up application form

2. Recent passport size photograph

3. Proof of Identity (any one): PAN card, Aadhaar card, Passport, Voter Identity Card

4. Address Proof (any one): Aadhaar card, Passport, Utility bill of not more than 3 months, Rental agreement

5. Income Proof:

For Salaried: Pay slips of last 3 months, Form 16, last 2 years’ IT returns

For Self-employed: IT returns of last 2 years, proof of business existence

Additional documents may be required based on the profile of the applicants or can be asked by Axis Bank.

Card Features & Benefits

A long list of features and benefits designed to deliver maximum value to the users is inbuilt in Axis Bank AURA Credit Card:

1. Reward Points:

   – You can earn 5 points on each ₹100 spent on dining, entertainment and on foreign currency transactions.

* 2 reward points for every ₹100 that is spent on the other categories.

   * The points do not expire.

2. Welcome Benefits:

* A payment would be met with 10,000 bonus reward points.

  * Spend ₹1.5 lakh within 90 days of card issuance and get another 15,000 bonus reward points.

 3. Travel Benefits:

– Access to airport lounges free of cost: 8 domestic and 4 international lounges annually

   – A 1% surcharge on foreign currency (average: 3.5%)

   – Insurance on travel up to ₹50 lakh

4. Lifestyle Benefits:

   – Free golf: 2 rounds offered free every quarter across various golf courses in the country

   – Concierge services on tickets for travel, food, and entertainment

– Special dining deals on partner restaurants

5. Shopping Benefits:

   – The Benefit of EMI Conversion on shopping over ₹2,500

   – 1% fuel surcharge waiver, between ₹400 to ₹4,000

6. Insurance Cover:

   – Credit shield cover, up to ₹9 lakh

   – Purchase protection cover up to 90 days, on chosen goods

7. Digital Attributes:

– Tap to pay with contactless technology to speed up checkout.

   – Virtual card for safe online shopping.

   – Real-time transaction alerts and spending analysis through Axis Mobile app.

8. Milestone Rewards

   – Annual fee waiver on spending ₹3.5 lakh or more in the previous year.

   – 10,000 bonus reward points on annual spends of ₹7.5 lakh.

Card Description

Axis Bank AURA Credit Card is a premium lifestyle card amalgamating style, convenience, and value for those who look for more in their cards. With a metallic finishing and slim design that happens to be minimalist in appearance, this becomes part of the statement in your wallet.

AURA Credit Card—Catering to the affluent professionals and entrepreneurs who demand a card that offers a more complete package of benefits that will fit into the wide spectrum of a cardholder’s lifestyle, be it a travel perk, dining privilege, shopping benefit, or insurance coverage. In short, it’s a one-card solution to credit card needs.

One of the outstanding features of the reward program coming with the AURA Credit Card is the aggressiveness to encourage more card use with popular spending in the category of dining, entertainment, and foreign currency transactions. Users can accumulate such reward points at a faster rate; those accumulated points are redeemable for a wide assortment of options ranging from flight tickets and hotel stays to general merchandise, and, of course, cashback.

The travel benefits of the AURA Credit Card are specifically worth mentioning. Other benefits open to a cardholder include complimentary access to airport lounges across the country and abroad. Additional perks include a lower foreign currency markup fee of just 1%, making it a perfect card for international travelers and saving a lot on their transactions overseas.

Free golf games every quarter just make the AURA Credit Card an indulgence every golf lover would want to lay their hands on. With such a benefit allied with concierge services and exclusive dining rights, the AURA Credit Card comes as a perfect lifestyle enhancer, not just a mere means of payment.

Not left out is digital savviness, contactless payments, virtual card abilities for online shopping, and integration into Axis Mobile, in which one can track transactions, follow spent money, and analyze performance in real-time. This brings convenience and improved safety in an increasingly digital world.

Though the annual fee of ₹3,500 (plus GST) seems a little steep at first look, its waiver conditions are such that it becomes easily available to regular users. In fact, the cardholders can enjoy all the premium benefits without paying the annual fee if they spend ₹3.5 lakhs annually, which translates into about ₹29,000 a month on average.

In conclusion, the Axis Bank AURA Credit Card is an all-rounder, premium card that brings lots of offers best suited for those who can derive the best from it. With this, in tow, rewards, travel, and lifestyle features that go with a premium card—any applicant considering the card should, however, consider the alignment of this card with his/her spending profile and lifestyle requirements.