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Axis Bank Olympus Credit Card
Axis's newest super-premium card, launched primarily to migrate former Citi Prestige cardholders after the Citi–Axis retail transition. It carries genuinely top-tier travel benefits — uncapped lounge access, a renewal-year Taj/ITC voucher, and a strong 1:4 EDGE Mile transfer ratio — with no milestone gating standing between cardholders and those perks. Access still leans heavily on an existing Axis Burgundy/Burgundy Private relationship rather than open application, and Axis has not published a standard product/apply page for it the way it has for Select or Privilege, making it more invite-driven than a straightforward premium card purchase.
Annual fee
₹20,000
Joining fee
₹20,000
Reward type
miles
Base reward rate
1%
Card network
Visa
Card tier
Super-premium
Who this card fits
Best suited to applicants with a credit score of roughly 750+ whose spend is concentrated in travel. It's worth the annual fee mainly if your miles value clears it.
Rewards & benefits
- Rewards rate: 1% base rate
- Travel: Renewal-year Taj/ITC hotel voucher worth ₹10,000 and EDGE Miles transferable to airline/hotel partners at a strong 1:4 ratio via Travel EDGE
- Domestic lounge access: Unlimited complimentary domestic airport lounge access, no per-visit or per-year cap
- International lounge access: Unlimited complimentary international airport lounge access, no per-visit or per-year cap
- Golf: 8 complimentary golf lessons/rounds annually, plus 1 additional round for every ₹50,000 spent
Benefits by category
- ✈️ Travel
2% reward rate · Unlimited complimentary domestic and international airport lounge access, with no per-visit or per-year cap unlike Select or Horizon's quarterly limits
- 🏨 Hotel
Taj/ITC hotel vouchers worth ₹10,000 plus 2,500 EDGE Miles, given both as a one-time welcome benefit and repeated every renewal year — unusual for a card at this fee level · EDGE Miles transferable to partner airline and hotel loyalty programs via the Travel EDGE portal, with 1 EDGE Mile converting to 4 partner points on many transfer routes — a strong multiplier versus flat point redemption
- 🌍 Forex / international spend
1.8% forex markup on international transactions
Eligibility
- Minimum credit score: 750
- Minimum monthly income: ₹2,00,000
- Employment: salaried, self-employed
- Age: 21–70
Fees & charges
- Rewards redemption fee: No fee for transferring EDGE Miles to airline/hotel partners via Travel EDGE
- Foreign currency markup: 1.8%
- Fuel surcharge waiver: 1% fuel surcharge waiver at fuel stations across India
- Cash advance charges: 2.5% of the cash amount withdrawn, minimum ₹500
Benefits
- Taj/ITC hotel vouchers worth ₹10,000 plus 2,500 EDGE Miles, given both as a one-time welcome benefit and repeated every renewal year — unusual for a card at this fee level
- Unlimited complimentary domestic and international airport lounge access, with no per-visit or per-year cap unlike Select or Horizon's quarterly limits
- 8 complimentary golf lessons/rounds annually at partner courses, plus 1 additional round for every ₹50,000 spent
- EDGE Miles transferable to partner airline and hotel loyalty programs via the Travel EDGE portal, with 1 EDGE Mile converting to 4 partner points on many transfer routes — a strong multiplier versus flat point redemption
Pros
- + Unlimited domestic + international lounge access with no visit cap
- + ₹10,000 Taj/ITC voucher repeats every renewal, not just at welcome
- + Strong 1 EDGE Mile = 4 partner points transfer ratio on Travel EDGE
- + Relatively low 1.8% forex markup for a card this tier
Cons
- − Very high ₹20,000 fee with no spend-based waiver
- − Approval leans heavily on an existing Axis Burgundy relationship or former Citi Prestige status rather than being a straightforward public application
- − No milestone spend bonuses to boost earn rate on very high spend
- − Very high ₹20L/year income eligibility bar
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