Axis Bank Olympus Credit Card

  • Joining Fee: ₹20,000 + GST
  • Renewal Fee: ₹20,000 + GST
  • Best Suited For: Movies | Shopping | Travel
  • Reward Type: Reward Points
  • Welcome Benefites: 2,500 EDGE Miles and Taj/ITC Hotel Vouchers Worth ₹10,000
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The Axis Bank Olympus credit card is one of the latest additions to the Axis Bank credit card portfolio. It boasts several advantages and can compete with many Indian super-premium cards. With this card, you’ll earn 1 EDGE Mile for every ₹100 spent domestically and 2 EDGE Miles for every ₹100 spent internationally. While this reward rate may seem low, you may be surprised to learn that 1 EDGE Mile equals 4 Partner Points. This means you would earn 4% rewards on domestic spending and 8% on international spending. Additionally, since this card charges a Forex markup fee of 1.8% + GST on international spends, the reward rate on foreign spends actually comes to 5.8%, which is quite impressive. In addition to the high reward rate and easy redemption methods through Travel EDGE, one can easily convert 7.5 lakh EDGE Miles in a year to various flight and hotel partners. Apart from the rewarding rate of returns, this card offers exclusive airport privileges such as unlimited domestic and international lounge access, airport transfers, and concierge services. Those who have a passion for golf can enjoy eight complimentary golf sessions each year with the provision to earn more on each spending of ₹50,000 or more. You might be wondering where luxury comes into play in all of this. Well, with this card, you’ll also receive a complimentary Taj Epicure membership, which unlocks new doors and offers for cardholders.

New Features

Spend Based Waiver

N/A


Interest Rates


Add-on Card Fee

Rewards Redemption Fee

N/A


Fuel Surcharge

1% Fuel Surcharge Waiver

Foreign Currency Markup

1.8% + GST (Effectively Costing 2.12%)


Cash Advance Charges

2.5% (Minimum Rs. 500)

Movie & Dining

40% Discount on Dining With Axis Dining Delights. Buy One Get One Free on Movie and Non-Movie Ticket Bookings With BMS


Travel

Complimentary Priority Pass, Airport Transfer Service, and Concierge Services


International Lounge Access

Unlimited International Airport Lounge Access With Priority Pass

Rewards Rate

1 EDGE Mile/₹100 on Domestic and 2 EDGE Mile/₹100 on International Spends


Golf

With the Axis Olympus credit cards, you can get eight complimentary golf lessons/rounds. In addition to these eight free visits, cardholders can get one additional round on each ₹50,000 spent with their credit card.


Insurance Benefits

Reward Redemption

Redeem on Travel Edge (1 EDGE Mile = 4 Partner Points)


Domestic Lounge Access

Unlimited Airport Lounge Access


Zero Liability Protection

Pros

From movies to dining, this card offers a wide range of benefits.

Cons

Although this card is quite rewarding, it has a few drawbacks; no milestone benefits are associated with such a premium card.

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