Axis Bank MY Business Credit Card

The Axis Bank MY Business Credit Card is designed to enhance business operations by providing a seamless and convenient transaction experience. This business card, offered by Axis Bank, incurs a modest annual fee, rendering it a favorable choice for small enterprises. It presents advantages in various domains, including travel and fuel expenses, while rewarding users with points for every business transaction conducted through the MY Business Card.

Enjoy complimentary access to airport lounges for a comfortable business travel experience, along with a fuel surcharge waiver. Additionally, the Axis Bank MY Business card facilitates automatic payment of utility bills such as telephone and electricity, streamlining financial tasks for business owners.

Key Highlights of Axis Bank MY Business Credit Card

  1. Earn 4 Reward Points for every Rs. 200 spent.
  2. Receive 100 points on your initial transactions.
  3. Enjoy double reward points during your birthday month.
  4. Avail a 1% Fuel Surcharge Waiver on all fuel transactions.
  5. Access complimentary Airport Lounges within India.
  6. Withdraw up to 30% of the credit limit as cash.
  7. Set up automatic bill payments.
  8. Convert all your purchases into easy monthly installments (EMIs).

Features and Benefits of Axis Bank MY Business Credit Card

The Axis Bank MY Business Credit Card offers several features and benefits:

  1. Customized Business Savings Plan: Tailored to meet your business and travel requirements.
  2. Exclusive Discounts: Enjoy special discounts when booking through Ezeego1 on flights, hotels, holiday packages, bus tickets, and more.
  3. Free Hotel Stay: Redeem vouchers on Ezeego1.com for a value of up to Rs.3,000 per night and stay at a hotel of your choice for two nights at no cost.
  4. Fuel Surcharge Waiver: MY Business Card offers a waiver of surcharge on fuel purchases for transactions between Rs.4,000 to Rs.40,000, with a potential maximum benefit of Rs.400 per month.
  5. Global Cash Access: MY Business Credit Card allows cash advances at over 1 million Visa ATMs worldwide, with up to 30% of the credit limit available as a cash component.
  6. Free Axis Bank Add-On Credit Card: No annual fee for an additional credit card for your loved one, with shared credit and consolidated statements. Supplementary card transactions also earn reward points.
  7. eDGE Loyalty Rewards Program: Earn reward points through the loyalty program and redeem them from a catalog of over 500 items.
  8. Complimentary Lounge Access: Enjoy free access to various airport lounges across the country, with up to 2 visits every quarter.
  9. Customization Options: Personalize your card by having your company name/designation embossed along with your name.
  10. Zero Lost Card Liability: Benefit from the protection against liability for fraudulent transactions in case of a lost or stolen card.
  11. EMI Conversion: Convert large purchases over Rs.2,500 into EMIs at a reduced interest rate, providing savings on payments.

Axis Bank MY Business Credit Card Fees and Charges

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

1. Joining Fee: Rs.999
2. Annual Fee:

  • No fee for the first year
  • 2nd year onwards – Rs.499

3. Add On Card Annual/Joining Fee: Nil

4. Overlimit Fee: 3% of the over limit amount (Minimum of Rs.500)
5. Late Payment Fee:

  • Payment due up to Rs.2,000 – Rs.300
  • Payment due between Rs.2,001 to Rs.5,000 – Rs.400
  • Payment due Rs.5,001 or more – Rs.600

Eligibility Criteria for Axis Bank MY Business Credit Card

Here are essential criteria for applying for an Axis Bank MY Business Credit Card:

  1. To qualify for this credit card, individuals must be at least 21 years old.
  2. Applicants are required to demonstrate a consistent and reliable source of income.
  3. Both the applicant’s personal credit score and their business credit score, if applicable, will be taken into account as significant criteria.

Documents Required for Axis Bank MY Business Credit Card

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

  1. Photo ID Proof
  2. Address Proof
  3. Income Proof
  4. Additional Requirements for Partnership Firms: Submission of a copy of the Deed/Letters from partners.
  5. Additional Requirements for Private Limited Companies: Production of Articles of Association/BR.

How To Apply for Axis Bank MY Business Credit Card?

Follow these steps to apply for the Axis Bank MY Business Credit Card:

  1. Go to Axis Bank’s official website.
  2. Navigate to the ‘Explore Products’ section.
  3. Choose ‘Cards’ and then select ‘Commercial Credit Cards.’
  4. Opt for the Axis Bank MY Business Credit Card.
  5. Click on ‘Explore more’ to access additional details.
  6. Proceed further based on the provided information.

Frequently Asked Questions (FAQs) –

1. What is the Axis Bank MY Business Card?

The Axis Bank MY Business Card is a commercial credit card designed for business owners, offering various features and benefits tailored to meet business needs.

2. How can I apply for the Axis Bank MY Business Credit Card?

Visit the official Axis Bank website, navigate to the ‘Explore Products’ section, select ‘Cards,’ and then choose ‘Commercial Credit Cards.’ From there, you can apply for the MY Business Credit Card.

3. What are the key features of the Axis Bank MY Business Credit Card?

The card comes with features such as customizable spending limits, rewards and cashback programs, expense tracking tools, and exclusive business-related privileges.

4. What documents are required for the Axis Bank MY Business Credit Card application?

Commonly required documents include proof of identity, address, income, and business existence. Specific requirements may vary, so check with Axis Bank for the latest information.

5. How can I check the status of my Axis Bank MY Business Credit Card application?

You can track your application status through the Axis Bank website or contact the Axis bank credit card customer care service for assistance.

6. Is there an annual fee for the Axis Bank MY Business Credit Card?

Check the latest fee structure on the Axis Bank website, as fees may vary. Some cards may have an annual fee, while others may offer waivers based on spending patterns.

7. What rewards and benefits come with the Axis Bank MY Business Credit Card?

The card typically offers rewards points, cashback, and exclusive privileges such as discounts on business-related expenses, travel benefits, and more. Refer to the card’s terms and conditions for specific details.

8. Can I set spending limits on the Axis Bank MY Business Credit Card?

Yes, the card often provides the flexibility to set spending limits, allowing you to control and manage business expenses more effectively.

9. How do I redeem rewards earned on the Axis Bank MY Business Credit Card?

Redemption options may include cashback, gift vouchers, or discounts on future purchases. Check the rewards program details on the Axis Bank website for redemption methods.

10. What security features are in place for the Axis Bank MY Business Credit Card?

Axis Bank typically employs advanced security measures, including PIN protection, SMS alerts, and secure online transactions, to ensure the safety of your credit card transactions.