Axis Bank Executive Corporate Credit Card

The Axis Bank Executive Corporate Credit Card stands out as a premier offering from Axis Bank, providing exceptional benefits and exclusive offers tailored for businesses. Elevating the standard business transactions, this card presents a compelling opportunity to maximize the potential of your business dealings. With a joining fee of Rs. 3,500 and an equivalent Annual Renewal Fee, the Axis Bank Executive Corporate Credit Card encompasses a range of perks.

Enjoy the privilege of complimentary access to domestic and international airport lounges, coupled with the added advantage of three complimentary Airport Concierge services annually. In addition to these benefits, the card extends complimentary golf sessions, adding another dimension to its attractive features.

Key Highlights of Axis Bank Executive Corporate Credit Card

  1. Earn 4 Reward Points on domestic expenses and 8 Reward Points on international transactions when you spend Rs. 200.
  2. Avail Airport Concierge benefits, offering 3 free VIP assistance services annually.
  3. Book up to 4 complimentary golf rounds or lessons each year.
  4. Access 24×7 Concierge Services when traveling with the Axis Bank Executive Corporate Credit Card.
  5. Enjoy a 20% discount at more than 4,000 restaurants across India.
  6. Benefit from 8 complimentary visits to airport lounges globally, with 4 free access to domestic lounges in India.

Features and Benefits of Axis Bank Executive Corporate Credit Card

The Axis Bank Executive Corporate Credit Card offers several features and benefits:

1. Dining Benefit:

  • Save up to 20% on dining expenses at over 4,000 restaurants across India with the Axis Dining Delights feature on the Axis Bank Executive Corporate Credit Card.
  • Notify the restaurant before settling the bill and enjoy the discount by using your Axis Bank Executive Corporate Card.

2. Golf Program:

  • Cardholders can book up to 4 complimentary golf rounds or lessons annually through Axis Extraordinary Weekends with the Axis Bank Executive Corporate Card.

3. Concierge Services:

  • Access exclusive 24/7 Concierge Services on the Axis Bank Executive Corporate Credit Card.
  • Services include Travel, Shopping, Golfing, Business, and more.
  • Explore additional details on Concierge Services on the bank’s website.

4. Travel Benefits:

Airport Concierge Services:

  • Enjoy 3 complimentary VIP Assistance services per year at airports for the cardholder and accompanying guests.
  • Book these services through Axis Extraordinary Weekends.

Complimentary Lounge Access:

  • Avail 8 free access passes to international lounges worldwide and 4 passes to domestic lounges in India.
  • Access provided for both the cardholder and accompanying guests.
  • Utilize LoungeKey for access; exceeding the limit incurs a charge of USD 32 per person.

5. Contactless Technology:

  • The Axis Bank Executive Corporate Card features contactless payments for quick, convenient, and secure transactions at all establishments.
  • Transactions up to Rs. 5,000 require no PIN entry, but for amounts exceeding this limit, PIN entry is necessary for security.

Axis Bank Executive Corporate Credit Card Fees and Charges

Explore the fee structure for the Axis Bank Executive Corporate Credit Card and discover the financial advantages that come with it.

  1. Joining Fee: Axis Bank requires a payment of Rs. 3,500 (plus applicable taxes) as the joining fee for the Axis Bank Executive Corporate Credit Card.
  2. Annual Fee: For the Executive Corporate Credit Card, an annual fee of Rs. 3,500 (plus applicable taxes) is applicable starting from the second year onwards.
  3. Late Payment Fee: In case the cardholder fails to settle the entire due amount by the payment due date, a late payment fee of 3% of the total amount due (with a minimum of ₹350) is imposed on the card.
  4. Forex Mark-up Fee: All foreign currency transactions made with the Axis Bank Executive Corporate Credit Card attract a foreign currency mark-up fee of 2% (plus applicable taxes) on the transaction amount.
  5. Cash Advance Charges: Transactions involving cash advances on the Axis Bank Executive Corporate Card are subject to a charge of 2.5% of the withdrawn amount or a flat fee of Rs. 250 (whichever is higher).

Eligibility Criteria for Axis Bank Executive Corporate Credit Card

Here are essential criteria for applying for an Axis Bank Executive Corporate Credit Card:

  1. The credit card requires applicants to be at least 21 years old to be eligible.
  2. A stable source of income is a prerequisite for potential cardholders.
  3. Both the applicant’s personal credit score and business credit score may be significant factors in the evaluation process.

Documents Required for Axis Bank Executive Corporate Credit Card

To apply for the Axis Bank Executive Corporate Credit Card, you will typically need to provide the following documents:

1. MOA/AOA: Examination of Memorandum of Association (MOA) and Articles of Association (AOA).
2. Financial Audit: Review of audited annual reports and profit and loss statements for the past two years.
3. Corporate Documentation: Verification of the Corporate PAN card.
4. Credit Appraisal:

  • Submission of post-credit appraisal documents.
  • Inclusion of a Board Resolution.

5. Application Process: Completion of the Corporate Application Form.
6. Identity and Address Verification: Submission of PAN card, photo ID proof, and address proof for verification.

How To Apply for Axis Bank Executive Corporate Credit Card?

Follow these steps to apply for the Axis Bank Executive Corporate Credit Card:

  1. Go to Axis Bank’s official website.
  2. Navigate to the ‘Explore Products’ section.
  3. Click on ‘Cards’ within the product options.
  4. Choose the ‘Commercial Credit Cards’ category.
  5. Pick the Axis Bank Executive Corporate Credit Card from the options.
  6. Click on ‘Explore more’ to discover additional features.
  7. Follow the provided steps to proceed further as needed.

Frequently Asked Questions (FAQs) –

1. What is the Axis Bank Executive Corporate Credit Card?

The Axis Bank Executive Corporate Credit Card is a credit card specifically designed for corporate executives, offering a range of benefits and features tailored to meet the needs of professionals.

2. What are the key features of the Axis Bank Executive Corporate Card?

The card comes with features such as expense management tools, travel benefits, concierge services, and customized credit limits to cater to the unique requirements of corporate executives.

3. How can I apply for the Axis Bank Executive Corporate Card?

To apply for the card, visit the Axis Bank official website, navigate to the ‘Cards’ section, select ‘Commercial Credit Cards,’ and choose the Axis Bank Executive Corporate Credit Card. Follow the application process provided on the website.

4. What are the eligibility criteria for the Axis Bank Executive Corporate Card?

Eligibility criteria may include a minimum income requirement, employment status, and credit history. Check the specific eligibility criteria on the Axis Bank website or contact the bank directly.

5. How does the expense management feature work on this credit card?

The Axis Bank Executive Corporate Credit Card offers expense management tools, allowing users to efficiently track and manage their corporate expenses. Detailed statements and reports are provided to simplify the reconciliation process.

6. What travel benefits are associated with the Axis Bank Executive Corporate Credit Card?

Travel benefits may include airport lounge access, travel insurance, and special discounts on hotels and airfare. Refer to the card’s terms and conditions for specific details.

7. Is there a concierge service provided with this credit card?

Yes, the Axis Bank Executive Corporate Credit Card often comes with a concierge service that assists cardholders with various services such as travel bookings, reservations, and event planning.

8. Can I customize the credit limit on the Axis Bank Executive Corporate Credit Card?

Yes, the credit limit on this card is often customizable based on your financial profile and requirements. Contact Axis Bank for details on adjusting your credit limit.

9. What fees and charges are associated with the Axis Bank Executive Corporate Credit Card?

Review the card’s terms and conditions for information on annual fees, interest rates, and any other charges that may apply. This information is typically available on the Axis Bank website.

10. How can I contact Axis Bank for further assistance or inquiries about the Executive Corporate Credit Card?

For any queries or assistance, you can contact Axis Bank credit card customer care service through the contact details provided on their official website or visit the nearest Axis Bank branch.