All cards / Axis Bank
Axis Bank
Axis Bank Purchase Control Virtual Card
Visa
Axis Bank Purchase Control Virtual Card
A fully virtual commercial card that gives finance teams granular, real-time control over when, where, and how corporate funds are spent — useful for organisations that want programmatic, API-driven control over vendor and departmental payments rather than a physical card in someone's wallet.
Annual fee
₹0
Joining fee
₹0
Reward type
cashback
Base reward rate
0.5%
Card network
Visa
Card tier
Mid
Who this card fits
Best suited to self-employed applicants who clear the standard eligibility bar. It's a lifetime-free card with no fee to track.
Rewards & benefits
- Rewards rate: 0.5% base rate
Benefits by category
- 🌍 Forex / international spend
3.5% forex markup on international transactions
Eligibility
- Employment: self-employed
- Age: 21–65
Fees & charges
- Foreign currency markup: 3.5%
Benefits
- Real-time virtual account generation via API integration, with unique account numbers issued per payment for added security.
- Transaction-level authorisation control across 29 configurable spend fields/categories, with per-transaction and monthly spend limits.
Pros
- + Granular transaction-level spend controls
- + API integration for real-time virtual account generation
- + Reduces fraud risk versus shared physical corporate cards
Cons
- − No physical card; unsuitable for point-of-sale or ATM use
- − Requires technical/API integration to get full value