Axis Bank

Axis Bank HORIZON

TravelMilesLounge

Apply on bank site

Checked 2 Oct 2026 ·

Annual fee₹3,000+ GST

Forex markup3.5%

Interest3.75%a month

NetworkVisa / Mastercard

You earn

Perks & rules

What changed

1 Sep 2026For cards issued from 1 Sep 2026, welcome miles can take up to 60 days to show

21 Aug 2026Rupee payments abroad (DCC) now 3.5% instead of 1.5%; late fee ₹1,300 on dues of ₹50,000 and above

21 Aug 2026Gift cards moved to their own category and still earn nothing

1 Jul 2026Free for customers with a Burgundy savings account opened on or after 1 Jul 2026

1 Oct 2025Unredeemed miles can be forfeited 30 days after closure or when the minimum due is 90+ days late

20 Jun 2025Non-earning spends now identified by category instead of merchant code

Worth it?

See what it pays back on your spending, after the fee.Run the numbers

All the fine printEvery detail from the bank's documents, in one place

How you earn

Rewards asEDGE Miles

Base rate2 EDGE Miles per ₹100 spent

Higher rates

Travel EDGE, airlines: 5 EDGE Miles per ₹100 on Axis Travel EDGE and direct airline spends (websites, counters, helplines); travel agents and OTAs get 2

Limits

No cap stated

Doesn't earn on

Transportation & tolls, utilities & telecom, insurance, education, government, wallet/gift cards, rent, fuel
EMIs, balance transfer/conversion, cash withdrawals, fees and GST

Where it landsOn the transaction posting date

What a point is worth

ValueBank's value chart counts 1 EDGE Mile = ₹1; redeem for flights/hotels on Travel EDGE, catalogue, or transfer to airline/hotel partners (min 500 miles)

ExpiryNot stated in the documents read; miles may be forfeited 30 days after card closure or if the minimum due is over 90 days late

Redemption feeNot stated in the documents read

Welcome benefit

Welcome5,000 EDGE Miles if the first transaction is ₹1,000 or more and within 30 days of issue (paid cards only)

Milestones

1,500 EDGE Miles every card anniversary from year 2 (paid cards only)

Airport lounges

Domestic8 visits a calendar quarter (Visa) or 6 (Mastercard); no spend condition

International2 visits a calendar quarter

Fuel

Fuel1% surcharge waiver on ₹400–₹5,000, up to ₹400 a statement month

Spending abroad

Forex markup3.5% (also 3.5% on international payments made in rupees)

Fees

Joining fee₹3,000 + GST (nil for Burgundy savings accounts opened on or after 1 Jul 2026)

Annual fee₹3,000 + GST (nil for Burgundy savings accounts opened on or after 1 Jul 2026)

Fee waiverNo spend-based annual fee waiver stated

If you pay late

Late feeNil up to ₹500 due; ₹500 / ₹750 / ₹1,200 / ₹1,300 for dues up to ₹5,000 / ₹10,000 / ₹50,000 / above; +₹100 if minimum due missed twice in a row

Interest3.75% a month (55.55% a year)

Cash withdrawal2.5% of the amount, minimum ₹500