Standard Chartered Rewards Credit Card
Rs 1,000Annual fee
Rs 1,50,000Fee waiver spend
4Domestic lounge
Domestic lounge conditions
- 1 complimentary domestic lounge visit per calendar quarter
3.5%Forex markup
Best for
rewards, retail, lounge
Top rewards
Retail spends (up to Rs 20,000 per month): 4 reward points / Rs 150 spent; Incremental retail spends above Rs 20,000 per month: 8 reward points / Rs 150 spent; Government and insurance spends: 1 reward point / Rs 150 spent
Axis Bank REWARDS Credit Card
Rs 1,000Annual fee
Rs 2,00,000Fee waiver spend
8Domestic lounge
3.5%Forex markup
Best for
apparel, departmental stores, swiggy, lounge, rewards
Top rewards
Apparel and departmental stores (up to Rs 7,000 spend/month): 20 EDGE REWARD Points / Rs 125 spent on apparel and departmental stores; Other eligible retail spends: 2 EDGE REWARD Points / Rs 125 spent
| Feature | Standard Chartered Rewards Credit Card | Axis Bank REWARDS Credit Card |
|---|---|---|
| Issuer | Standard Chartered | Axis Bank |
| Network | Visa | Visa |
| Joining fee | Rs 0 | Rs 1,000 |
| Annual fee | Rs 1,000 | Rs 1,000 |
| Fee waiver spend | Rs 1,50,000 | Rs 2,00,000 |
| Reward type | 360° Rewards points | edge reward points |
| Best for | rewards, retail, lounge | apparel, departmental stores, swiggy, lounge, rewards |
| Top reward categories | Retail spends (up to Rs 20,000 per month): 4 reward points / Rs 150 spent; Incremental retail spends above Rs 20,000 per month: 8 reward points / Rs 150 spent; Government and insurance spends: 1 reward point / Rs 150 spent | Apparel and departmental stores (up to Rs 7,000 spend/month): 20 EDGE REWARD Points / Rs 125 spent on apparel and departmental stores; Other eligible retail spends: 2 EDGE REWARD Points / Rs 125 spent |
| SmartBuy / accelerated caps | Not listed | Not listed |
| Domestic lounge | 4 | 8 |
| International lounge | 0 | 0 |
| Forex markup | 3.5% | 3.5% |
| Milestone benefits | Annual fee waiver on spends of Rs 1,50,000 or more in the previous year, 4,000 reward points on payment of annual renewal fee if spend threshold is not met | Not listed |
| Redemption | Statement credit: upto Rs 0.25 per point | Air miles: upto Rs 0.1 per point; Statement credit: upto Rs 0.2 per point |
| Key exclusions | Fuel transactions, Cash withdrawal / cash advance transactions, Fees and charges (including annual fee and finance charges) | Fuel transactions, Rent payments, E-wallet loading transactions, Insurance premium payments, Utilities and telecom spends, Government services spends |