The Axis Bank Executive Corporate Credit Card is a top-tier option for businesses looking to maximize their benefits on everyday transactions. With a joining fee of Rs. 3,500 and an annual renewal fee of the same amount, this card offers a range of valuable perks tailored for corporate needs. Cardholders enjoy complimentary access to both domestic and international airport lounges, as well as three free airport concierge services each year. Additionally, the card includes complimentary golf sessions, providing a touch of luxury for its users.
When it comes to rewards, the Axis Bank Executive Corporate Credit Card offers 4 Reward Points for every Rs. 200 spent domestically and 8 Reward Points for every Rs. 200 spent internationally. This makes it particularly advantageous for companies with frequent international transactions. The card also provides various business-related benefits, including dining discounts, concierge services, contactless payment technology, and fuel surcharge waivers.
To discover more about the features and benefits of the Axis Bank Executive Corporate Credit Card, continue reading the detailed review below.
- Overview
- Axis Bank Executive Corporate Credit Card Fees and Charges
- Axis Bank Executive Corporate Credit Card Features and Benefits
- Expense Management and Corporate Services
- Foreign Transaction Fee
- Eligibility
- How to Apply?
- Similar Cards to Axis Bank Executive Corporate Credit Card
- Axis Bank Executive Corporate Credit Card vs. HDFC Corporate Platinum Credit Card
- Axis Bank Executive Corporate Credit Card vs. ICICI Bank Corporate Gold Credit Card
- Final Thoughts
- FAQ
Overview
| Feature | Details |
|---|---|
| Card Type | Corporate Credit Card |
| Reward Rate | Earn reward points on both domestic and international spends |
| Joining Fee | ₹3500+ GST |
| Unique Selling Points | Travel perks, insurance coverage, rewards on spending |
| Rating | ★★★★☆ (4.5/5) |
Axis Bank Executive Corporate Credit Card Fees and Charges
| Fee Type | Details |
|---|---|
| Annual Fee | ₹3500+ GST |
| Foreign Exchange Markup | 2% |
| Cash Advance Fee | 2.5% of the amount withdrawn, with a minimum of ₹500 |
| Late Payment Fee | ₹100 to ₹1,000 depending on the outstanding balance |
| Overlimit Fee | ₹500 |
Axis Bank Executive Corporate Credit Card Features and Benefits
- Travel Benefits: Access complimentary domestic and international airport lounges, making travel more comfortable and productive. Enjoy VIP airport concierge services to handle your travel needs smoothly, from check-in to boarding.
- Lifestyle & Entertainment: Cardholders can enjoy complimentary golf rounds at select courses and have access to 24×7 concierge services, assisting with travel, dining reservations, and other lifestyle needs.
- Comprehensive Protection: The card offers robust insurance coverage for medical emergencies, loss of checked-in baggage, and delays in flight departures, providing peace of mind during travels.
- Rewards Program: Earn reward points on every transaction, both domestic and international. Points can be redeemed for various rewards, including travel bookings, merchandise, and more, providing great value back on every spend.
- Corporate Benefits: Customizable features for companies, including spending controls, detailed MIS reporting, and consolidated statements, helping businesses manage expenses effectively and stay within budget.
- Fuel Surcharge Waiver: Benefit from a waiver on fuel surcharge across all fuel stations in India, helping to reduce transportation costs for frequent business travelers.
Expense Management and Corporate Services
- Detailed Expense Reporting: Provides comprehensive statements to help businesses track expenses, manage budgets, and maintain financial control.
- Corporate Liability Waiver: Protection against unauthorized transactions by employees, ensuring company liability is minimized.
Foreign Transaction Fee
| Feature | Details |
|---|---|
| Foreign Transaction Fee | 2% + GST |
Eligibility
- Corporate Status: Available to businesses and corporations looking for a high-value corporate credit card for their executives.
- Company Requirements: Suitable for companies that frequently incur travel expenses and need robust expense management tools.
How to Apply?
- Process: Visit the Axis Bank website or contact a bank representative. Complete the application form and submit the necessary documentation. Once approved, the card will be issued to the company.
Similar Cards to Axis Bank Executive Corporate Credit Card
| Feature | Axis Bank Executive Corporate Credit Card | HDFC Corporate Platinum Credit Card | ICICI Bank Corporate Gold Credit Card |
|---|---|---|---|
| Annual Fee | ₹ 3500 + GST | ₹2,499 + GST | ₹500 + GST (waived on certain spends) |
| Reward Rate | Earn points on domestic and international spends | 2 Reward Points per ₹150 spent | No rewards program |
| Expense Management | Detailed reporting and customizable controls | Expense management tools, MIS reports | Basic expense reports and tracking |
| Corporate Liability Waiver | Yes, included | Yes, up to ₹10 lakh | Yes, included |
| Foreign Transaction Fee | 2% + GST | 3.5% + GST | 3.5% + GST |
Axis Bank Executive Corporate Credit Card vs. HDFC Corporate Platinum Credit Card
The Axis Bank Executive Corporate Credit Card offers a lower foreign exchange markup of 2% and extensive travel benefits, making it ideal for frequent business travelers. In contrast, the HDFC Corporate Platinum Credit Card provides a comprehensive rewards program and enhanced expense management tools, which are better suited for businesses focusing on financial oversight and maximizing reward points.
Axis Bank Executive Corporate Credit Card vs. ICICI Bank Corporate Gold Credit Card
While the Axis Bank Executive Corporate Credit Card focuses on travel perks, lifestyle benefits, and insurance coverage, the ICICI Bank Corporate Gold Credit Card offers basic expense management with a lower annual fee. The Axis Bank card is more appealing to businesses that value luxury travel benefits and protection, whereas the ICICI card is ideal for companies looking for a straightforward, budget-friendly corporate card.
Final Thoughts
- Axis Bank Executive Corporate Credit Card is great for corporate executives who travel frequently and need luxury travel benefits, comprehensive insurance coverage, and a rewarding program.
- HDFC Corporate Platinum Credit Card is better suited for larger corporations needing robust financial oversight and reward points for business spending.
- ICICI Bank Corporate Gold Credit Card is a cost-effective choice for businesses needing basic financial management without the need for extensive rewards.
FAQ
What is the annual fee for the Axis Bank Executive Corporate Credit Card?
The annual fee is variable and depends on the corporate agreement with Axis Bank.
How do I earn rewards with the Axis Bank Executive Corporate Credit Card?
Earn reward points on both domestic and international spends, which can be redeemed for various rewards.
What insurance benefits are included with the Axis Bank Executive Corporate Credit Card?
The card includes insurance for medical emergencies, baggage loss, and flight delays.
Does the Axis Bank Executive Corporate Credit Card offer lounge access?
Yes, the card provides complimentary access to domestic and international airport lounges.
How can I manage expenses with the Axis Bank Executive Corporate Credit Card?
The card offers detailed expense reporting and corporate liability waiver features, helping businesses manage expenses efficiently.
