Axis Bank Freecharge Plus Credit Card: Fees, Cashback & Real Value
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Updated Oct 2026·By Arun, Chartered Accountant·4 min read·Cross-checked vs issuer MITC & RBI·How we research
Check availability before applying
Verified October 2026 against the issuer’s current product page, terms and notices: Axis Bank still has a page for the Freecharge Plus Credit Card and revised its terms in June 2025, but new applications may be limited, so check with Axis Bank before applying. Cashback is 5% on spends made through the Freecharge app, 2% on Ola/Uber rides and 1% on other eligible spends, credited to the card account each month. Transactions under ₹100 earn nothing, and fuel, rent, wallet loads, insurance, education, gold/jewellery and utility bills paid outside the Freecharge app are excluded.
Availability note: Axis Bank’s FreeCharge co-branded credit card line appears to have been discontinued / limited for new sourcing. If you’re a new applicant, confirm whether the card is currently being issued with Axis Bank before applying — this review documents its features for existing holders and those researching it.
Verified against Axis Bank (October 2026): Designed for Freecharge app payments and daily commute (Ola/Uber). 5% cashback on FreeCharge spends, 2% on local commute, 1% on all other spends. No cashback on transactions under ₹100, or on fuel, rent, wallet loads, insurance, education, gold/jewellery or utility bills paid outside the Freecharge app; dining discounts via Axis Dining Delights; 1% fuel surcharge waiver. Fee: zero joining, ₹350 annual from year 2 (waived on ₹50,000 annual spend). Confirm current availability on axis.bank.in.
Axis Bank FreeCharge Plus Credit Card Review
Axis Bank · FreeCharge co-brand · Visa / RuPay
Our score: 6.5 / 10
5% on FreeCharge
2% on commute
Low/zero fee
Verify availability
The Axis Bank FreeCharge Plus was a budget cashback card built around FreeCharge payments, daily commute and utility bills. It’s a low-cost card aimed at everyday digital payers — though its new-applicant availability now needs confirming. Here is the verified review.
TL;DR: A low/zero-fee cashback card giving 5% on FreeCharge spends, 2% on local commute and 1% on other eligible spends, with no cashback on transactions under ₹100 or on excluded categories such as fuel, rent and wallet loads. The annual fee (₹350 from year 2) waives at ₹50,000 spend. Useful for FreeCharge/utility users — but confirm whether it’s still open to new applicants, as the FreeCharge card line appears to be winding down.
What we like
5% cashback on FreeCharge spends
2% cashback on local commute
Cashback auto-credited to your card account each month
Zero joining fee; ₹350 annual easily waived
No points to redeem — simple cashback
Watch out for
Availability for new applicants is uncertain
Many spend categories excluded from cashback
Only 1% on general spends
Value tied to the Freecharge app ecosystem
No lounge access
Fees & cashback
Item
Detail
Joining fee
Nil
Annual fee
₹350 from year 2 (waived on ₹50,000 annual spend)
FreeCharge spends
5% cashback
Local commute
2% cashback (Ola/Uber)
Other spends
1% cashback
The real value
For someone who lived in the FreeCharge app and took Ola/Uber rides, the 5% + 2% structure delivered solid value for almost no fee. Outside those, the 1% base is ordinary, so it always worked best as an ecosystem card. Given the FreeCharge card line appears to be winding down for new sourcing, treat this as a reference for existing holders and verify availability before applying.
Who this card is for
Best fit: existing holders / Freecharge app and Ola/Uber users who want cashback on those spends.
Skip if: you want a broadly-accepted high-rate card, or if it’s no longer open to new applicants.
How to apply & how to cancel
Apply: check current availability on axis.bank.in. Cancel: call Axis customer care after clearing dues.
Final verdict
The Axis FreeCharge Plus was a tidy, near-free cashback card for Freecharge app and Ola/Uber users. With the FreeCharge card line apparently winding down, confirm new-applicant availability before relying on it; existing holders can keep using it within its ecosystem strengths. For a current low-fee cashback alternative, look at the BOBCARD Cashback or a UPI cashback card.
Frequently asked questions
Is the card still available?
Axis’s FreeCharge card line appears to be discontinued/limited for new sourcing — confirm current availability with Axis Bank before applying.
How much cashback does it give?
5% on FreeCharge spends, 2% on local commute, and 1% on other eligible spends (minimum ₹100 per transaction).
What’s the fee?
Zero joining; ₹350 annual from year 2, waived on ₹50,000 annual spend.
Data current as of October 2026, cross-checked against Axis Bank official information. The FreeCharge card line appears to be winding down — confirm availability on axis.bank.in before applying.
Opens Axis Bank’s official website. Check current fees & eligibility before applying.
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ArunChartered Accountant
Arun is a Chartered Accountant with 14 years in finance leadership. He writes and maintains every review and calculator on CreditSmart, cross-checking each figure against issuer MITC documents, RBI notifications and official rate sheets before publication. He accepts no commissions or payments from card issuers.
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