Axis Bank Reserve Credit Card Review
The Axis Reserve is Axis Bank’s ultra-premium card, offered by invitation. It is a lifestyle card first — unlimited lounges with guests, extensive golf and hotel memberships — with a moderate reward rate.
Its points transfer at 5:2 to most partners, so headline percentages based on ₹1 a point overstate what most holders get.
- Unlimited lounges plus 12 guest visits
- Up to 50 golf rounds a year
- Club ITC Culinaire, Accor Plus and Club Marriott memberships
- 2X points on international spend
- Forex markup about 1.5%
- ₹50,000 fee unless you spend ₹35 lakh
- No renewal points since April 2024
- Transfers mostly 5:2, so points are worth about ₹0.40
- 2X international capped at your monthly credit limit
- By invitation only
Fees and charges
| Item | Detail |
|---|---|
| Annual fee | ₹50,000 + GST, waived on ₹35 lakh spend |
| Forex markup | About 1.5% |
Rewards: how the card earns
| Spend | EDGE points per ₹200 |
|---|---|
| Domestic | 15 |
| International (up to monthly credit limit) | 30 |
| Activation | 15,000 points |
Transfers: 5:2 for most partners, 5:1 for reduced-tier partners. Annual caps: 1 lakh points (Group A) and 4 lakh (Group B).
Axis changes in 2026: from 28 Aug 2026 Priority Pass no longer works at domestic Indian lounges on Axis cards (use the card and boarding pass instead), gift cards and tolls earn nothing, and the markup on overseas transactions billed in rupees changed. Axis also reshuffled its airline and hotel transfer partners several times between April and September 2026 — check the current partner list before transferring.
Axis Reserve points calculator
15 points per ₹200, doubled on international spend (up to your monthly credit limit). Excludes the 15,000 activation points. ₹0.40 assumes a 5:2 transfer to a partner mile worth ₹1.
What earns nothing
Axis’s standard exclusions apply; gift cards and tolls earn nothing from 2026.
Other benefits
| Benefit | Detail |
|---|---|
| Lounges | Unlimited, plus 12 guest visits |
| Golf | Up to 50 rounds |
| Memberships | Club ITC Culinaire, Accor Plus, Club Marriott |
| Hotels | 15% off at Postcard Hotels |
Eligibility
Issuer
Axis Bank
Access
Invitation-led
Fee
₹50,000 + GST
Who this card is for
- Good fit: Axis wealth clients who will use the golf, lounge and hotel privileges and spend ₹35 lakh+ a year.
- Skip if: you want rewards — Magnus for Burgundy earns far more for high spenders.
Alternatives worth comparing
Final verdict
A privileges card rather than a rewards card. Worth it for golfers and frequent travellers who clear ₹35 lakh a year; others get more from Magnus for Burgundy.
Frequently asked questions
What are the Reserve’s welcome and renewal benefits?
15,000 points on activation. Renewal points were discontinued on 20 April 2024.
Is the fee waivable?
Yes, on ₹35 lakh annual spend.
What is the transfer ratio?
5:2 for most partners and 5:1 for reduced-tier partners.
How many points does it earn?
15 per ₹200, doubled on international spends up to your monthly credit limit.
Can anyone apply?
It is typically offered by invitation.
Last verified: October 2026, against Axis Bank’s Reserve product page and revision notice. Card terms change often; confirm the current fees and reward rules on the issuer’s website before you apply. All fees are plus 18% GST.