The Axis Bank Insta Easy card is one of the few cards which comes with the feature of guaranteed approval from the bank. The only criteria for this card is the applicant must have a fixed deposit with Axis Bank. The card is offered against your fixed deposit with the bank.
The card offers a wide range of features which include an interest-free period of 50 days, high cash withdrawals along with flexible credit limits. The Insta Easy card offers dining offers along with fuel surcharge waiver and eDGE Loyalty Rewards.
Fuel Benefits
Dining Offers:
Global Emergency Assistance
Conversion to EMIs
A card limit of your choice is given with this card. The limit is flexible in the case of the Insta Easy card as it is given against your fixed deposit with the bank. Depending on your fixed deposit amount, a maximum of 80% of the principal amount is given as the credit limit for this card.
Shopping Offers
Dining Offers
Travel and Hotel Offers
EDGE Loyalty Rewards
How to Redeem Axis Bank Insta Easy Credit Card reward points?
You can redeem your Axis eDGE reward points through net banking, mobile app or directly from the Axis eDGE website.
To redeem the points through net banking, here are the steps which need to be followed:
Type of Fee | Amount |
Standard Joining Fee | Nil |
Standard Annual Fee | Nil |
Interest | 49.36% per annum |
Add-on Card Joining Fee | Nil |
Cash Withdrawal Fees | 2.5% (minimum Rs. 250) |
Card Replacement | Waived |
Fee for Cash Payment | Rs. 100 |
Duplicate Statement Fee | Waived |
Overdue Penalty or Late Payment Fee | Nil if Total Payment due is up to Rs. 100 Total Payment due is between Rs. 101 - Rs. 300 - Rs.100 Total Payment due is between Rs. 301 - Rs. 1,000 - Rs.300 Total Payment due is between Rs. 1,001 - Rs. 5,000 - Rs.500 Total Payment due is between Rs. 5,001 - Rs. 20000 - Rs.600 Total Payment due is Rs. 20,001 and above - Rs.700 |
Over Limit Penalty | 3% of the over limit amount (Minimum of Rs.500) |
Charge-slip Retrieval Fee or Copy Request Fee | Waived |
Cheque return or dishonour Fee | Rs.300 |
Outstation Cheque Fee | Waived |
Fuel Transaction Surcharge | 1% of transaction amount (Refunded for fuel transactions between Rs.400 and Rs.4,000) |
Mobile Alerts for Transactions | Waived |
Foreign Currency Transaction Fee | 3.50% of the transaction value |
Hotlisting Charges | Nil |
Balance Enquiry Charges | Waived |
You can apply for the card through the Axis Bank website or at the branch of the bank.
Another way by which you can apply for credit card is through BankBazaar. Here are the steps that need to be followed to apply:
In order to apply for this card, you will first need to open an FD account with the bank. The amount of fixed deposit should be in the range of Rs 20,000 - Rs.25 lakh. It is important to note that Tax Saver FD or, Auto-sweep FD (Flexi-Deposit), or FD in the name of a trust/company/society/HUF are not eligible for this credit card.
No, you will not need to provide any KYC documents such as income proof, address proof, residential proof, etc. Axis Bank will utilize the information that you have already provided to the bank for your FD account, to process your credit card application.
Yes, as per the guidelines offered by the Ministry of Finance of the Government of India, a service tax at the current rate of 14% is levied on fees and other finance charges on all types of credit cards issued in the country.
No, there is no joining fee for this card.
No, the annual fee is not charged for the primary as well as the supplementary cards issued with Axis Bank Insta Easy card. However, other fees and charges are levied on the card as applicable.
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Fixed Deposit:
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