AXIS Bank SELECT VS ICICI Bank Rubyx Credit Card

Travel credit cards are designed for people who travel often, providing attractive benefits. They’re customized for frequent travelers, offering rewards based on spending habits. Many banks offer different types of travel credit cards, with AXIS Bank providing the SELECT Credit Card and ICICI Bank offering the Rubyx Credit Card as two popular options. Deciding between these two cards can be difficult because they fall into the same category.

Both the AXIS SELECT and ICICI Rubyx cards offer impressive reward programs, guaranteeing cardholders earn valuable reward points for each transaction they make. Notably, both cards provide access to airport lounges, as well as extra benefits such as golf privileges and extensive insurance coverage with zero liability protection. While each card boasts various additional features, their core attributes are notably alike.

Features and Benefits of AXIS Bank SELECT Credit Card and ICICI Bank Rubyx Credit Card

AXIS Bank SELECT Credit Card:

1. Joining Fee: Rs. 3,000 plus taxes.
2. Versatile Usage:
   • Encompasses travel, shopping, dining, movies, etc.
   • Convertible to a lifestyle credit card.
3. Dining Delight Program:
   • Discounts on restaurant bills.
   • Up to 40% off on Swiggy orders (twice a month).
4. Rewards:
   • 10 EDGE Points on every Rs. 200 spent.
   • 2X EDGE points on retail shopping.
   • Milestone benefits for spending over Rs. 3 Lakhs.
5. Movie and Dining Benefits:
   • Up to 20% dining discount.
   • Get a discount of up to Rs. 300 on your second BookMyShow ticket, available twice every month.
6. Travel Benefits:
   • 6 international airport lounge accesses per year.
   • 2 domestic airport lounge accesses per quarter.
7. Golf:
   • 6 complimentary golf rounds per year.
   • Additional rounds over Rs. 3 Lakh annual spend.
8. Fuel:
   • 1% fuel surcharge waiver (Rs. 400 – Rs. 4,000 transactions).

ICICI Bank Rubyx Credit Card:

1. Welcome Benefit: Voucher worth Rs. 5,000 on payment of joining fee.
2. Rewards:
   • 4 RPs on every Rs. 200 spent internationally.
   • 2 RPs on every Rs. 100 spent domestically.
   • 1 RP on utility and insurance spends (per Rs. 100).
   • Redemption rate: 1 RP = Rs. 0.25.
3. Movies and Dining Benefits:
   • Up to 25% discount on BookMyShow and INOX.
   • Existing dining discounts at partnered restaurants.
4. Travel Benefits:
   • 2 domestic lounge accesses per quarter.
   • 2 railway lounge accesses per quarter.
   • 1 domestic airport lounge access (each with AmEx and MasterCard).
5. Golf:
   • 1 complimentary golf round for every Rs. 50,000 spent (max 2 rounds/month).
6. Milestone Benefits:
   • 3,000 RPs upon spending Rs. 3 Lakhs.
   • 1,500 RPs for each subsequent spend of Rs. 1 Lakh.
7. Renewal Waiver: On a minimum spend of Rs. 3 Lakhs in the previous year.
8. Fuel:
   • 1% fuel surcharge waiver (transactions below Rs. 4,000).

Comparison between AXIS Bank SELECT Credit Card and ICICI Bank Rubyx Credit Card

AXIS Bank SELECT Credit Card:

1. Joining Fee: Rs. 3,000 + Taxes
2. Welcome Benefit: Receive a Rs. 2,000 Amazon voucher when you make your initial transaction within 90 days.
3. Rewards:
   • 10 EDGE Points on every Rs. 200 spent
   • 2X EDGE points on retail shopping
   • Points redeemable against the catalog
4. Interest Rate: 3.6% per month or 52.86% annually
5. Movies: Book 1 ticket, get up to Rs. 300 off on the second ticket (twice a month)
6. Dining: Up to 20% discount at partnered restaurants, up to 40% off on Swiggy (twice a month)
7. Travel Benefit: 6 international airport lounge accesses per year with Priority Pass Membership
8. Foreign Exchange Markup Fee: 3.5%
9. Golf: 6 complimentary golf rounds per year, additional rounds over Rs. 3 Lakh annual spend
10. Milestone Benefit: 5,000 bonus EDGE points on spending over Rs. 3 Lakhs, annual fee waiver on Rs. 6 Lakhs spend
11. Fuel: 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 4,000
12. Cash Advance Fee: 2.5% or minimum Rs. 500

ICICI Bank Rubyx Credit Card:

1. Joining Fee: Rs. 3,000 + Taxes / Rs. 2,000 + Taxes per year from the second year onwards
2. Welcome Benefit: A coupon valued at Rs. 5,000 or higher, applicable for either travel or shopping.
3. Rewards:
   • 4 RPs on every Rs. 200 spent internationally
   • 2 RPs on every Rs. 100 spent domestically
   • For every Rs. 100 you spend on utility and insurance categories, you earn 1 RP.
   • Redemption rate for 1 RP = Rs. 0.25
4. Interest Rate: 3.5% per month or 40.8% per annum
5. Movies: Up to 25% discount (up to Rs. 150) with BookMyShow (twice a month)
6. Dining: Discounts currently available at affiliated restaurants will be applied to every dining bill.
7. Travel Benefit: 2 domestic lounge accesses per quarter, 1 domestic airport lounge access with each of two variants
8. Foreign Exchange Markup Fee: 3.5%
9. Golf: 1 complimentary golf round or lesson on every Rs. 50,000 spent (max 2 rounds per month)
10. Milestone Benefit: Earn 3,000 Reward Points when you spend Rs. 3 Lakhs, plus get extra Reward Points for further expenditures. Enjoy a fee waiver upon spending Rs. 3 Lakhs.
11. Fuel: 1% Fuel Surcharge waiver on transactions below Rs. 4,000 at all fuel stations
12. Cash Advance Fee: 2.5% or Rs. 300 (whichever is higher)

Which credit card suits you best?

1. The AXIS Bank SELECT Credit Card and the ICICI Bank Rubyx Credit Card stand out as top picks in their respective categories due to their exceptional features and benefits.
2. The AXIS Bank SELECT Credit Card offers a great choice for individuals seeking access to international airport lounges and appealing rewards.
3. ICICI Bank Rubyx Credit Card is ideal for individuals seeking lower interest rates along with significant benefits.
4. Overall, both credit cards offer comprehensive rewards and benefits, allowing you to decide based on a comparison table for efficiency in your specific needs.

Frequently Asked Questions (FAQs)

1. What sets AXIS Bank SELECT Credit Card apart from ICICI Bank Rubyx Credit Card?

• The AXIS Bank SELECT Credit Card distinguishes itself with unique benefits such as access to international airport lounges and attractive rewards.

2. What are the key benefits of ICICI Bank Rubyx Credit Card?

• ICICI Bank Rubyx Credit Card offers lower interest rates along with substantial benefits for those who prioritize cost-effective financial solutions.

3. How do the rewards and benefits compare between the two credit cards?

• Each credit card offers a diverse array of rewards and benefits across various categories. Deciding between them hinges on individual preferences and requirements.

4. Are there any exclusive privileges associated with AXIS Bank SELECT Credit Card?

• Certainly! The AXIS Bank SELECT Credit Card offers unique benefits like access to international airport lounges, making it a highly desirable option for those who travel frequently.

5. Is it possible for me to determine the most suitable credit card for my needs by utilizing a comparison table?

• Certainly! Utilizing a comparison table enables you to evaluate and select the credit card that best suits your specific needs and lifestyle preferences.

6. Are there any hidden fees or charges associated with these credit cards?

• It’s advisable to carefully examine the terms and conditions associated with every credit card to grasp any possible fees or expenses. AXIS Bank and ICICI Bank both ensure clarity in their provided services.

7. How can I apply for either the AXIS Bank SELECT Credit Card or ICICI Bank Rubyx Credit Card?

• You have two options to apply for a credit card: either online via the official website of the bank, or by physically visiting a nearby branch. When applying, you’ll need to provide required documents and ensure you meet the eligibility requirements.

8. Do these credit cards offer additional security features for online transactions?

• The AXIS Bank SELECT Credit Card and the ICICI Bank Rubyx Credit Card typically offer sophisticated security features to ensure the safety of your online transactions. These measures often entail OTP verification, secure payment gateways, and comprehensive fraud protection mechanisms.

9. What are the annual fees associated with each credit card?

• The annual fees may vary for each credit card. It’s advisable to check the official websites of AXIS Bank and ICICI Bank or contact their customer service for the latest information on fees and charges.

10. Can I switch from one credit card to another if my preferences change over time?

• Certainly, typically banks permit cardholders to upgrade or switch to a different credit card from their selection of products. Nonetheless, it’s crucial to verify with the relevant bank for precise guidelines and protocols concerning card upgrades or alterations.