Axis Bank KWIK RuPay Credit Card

Axis Bank Kwik RuPay Credit Card – Features and Benefits

The following are the features and benefits offered by the Axis Bank Kwik credit card –

Seamless UPI Transactions

You can get double benefits with the credit card as you can use it for UPI transactions and get reward points and other benefits for your spends. You will need to download the Kiwi mobile app on your smartphone to apply for the KWIK credit card.

Once you are approved, you will instantly get the virtual card on your app and can link it to UPI, and set up your PIN.

Virtual Experience

There is no need to wait for a physical card as you will get a virtual version of the card as soon as you are approved for it. You just need to open the Kiwi app to activate your card, link it with UPI, set up your UPI pin, and start using your card for UPI merchant and other payments.

Easy to Activate

You can easily activate the Axis Bank KWIK credit card in one out of the two following two options –

You can open the KWIK app or any other UPI app to link your credit card by setting up the UPI PIN.

Otherwise, you can login to the Axis Bank mobile app or Internet Banking. Head over to Credit Card and unbox your KWIK card with the activation coed that you received with the welcome letter. Next, you can enter the UPI PIN and manage the usage setting and limits on the card, as per your needs.

Reward Rate

You earn 2 EDGE reward points per Rs. 200 spent with the card on international and domestic spends.

Exclusions on reward points include –

• Wallet reloads
• Rental payments
• Cash withdrawals
• Fuel spends
• Jewelry
• Government services
• Education
• EMI transactions
• UPI transactions of less than Rs. 2000

The reward points earned by the cardholder for their spends are credited within 7 working days to the cardholder’s EDGE Rewards account.

Reward Redemption

The reward points earned by you on the KWIK credit card can be redeemed against a host of different choices at the Edge Reward portal. You can redeem points against products/gift vouchers, flight and hotel bookings, converted to Airmiles, etc.

You have to pay a reward redemption fee of Rs. 49 plus taxes on redeeming 300 to 10,000 Points, and Rs. 99 plus taxes on redeeming more than 10,000 points.

Fuel Surcharge Waiver

Get 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 4000, with the maximum benefit capped at Rs. 150 per month.

Axis Bank Kwik Credit Card – Fees and Charges

The following are the fees and charges associated with the Axis Bank KWIK credit card –

• The Kwik RuPay credit card is lifetime free and does not charge any joining or annual fee from the cardholder.
• The interest rate on the card is 3.6% per month and 52.86% per annum.
• The reward redemption fee is Rs. 49 to redeem 300 to 10,000 RPs, and Rs. 99 if you want to redeem more than 10,000 points.
• The forex markup fee on the card is 3.5% of the total transaction amount
• The card has a rent transaction fee of 1% of the amount, capped at Rs. 1500 per transaction.

How to Apply for the Axis Bank Kwik Credit Card

Follow these steps to apply for the Kwik credit card –

• Download the Kiwi mobile app from the Google Play Store or Apple App Store
• Open the app and select the Apply for Axis Bank Kwik Credit Card button
• Enter all the details required for the application along with the documents and submit them
• You can check the application status and final decision regarding your application directly from the application
• After you are approved by the bank, you instantly receive a virtual card on the Kwik application. Next, you need to link it with UPI, set up your UPI PIN, and you can start using the card for UPI transactions.

Eligibility Criteria and Documents Required

You must meet the following eligibility requirements in order to apply for the Axis Bank Kwik credit card –

• The applicant must be at least 18 to 70 years of age
• The applicant must be an Indian citizen
• The applicant must have a stable income source and decent credit score

When applying for the Kwik credit card, the applicant must provide the following documents –

ID Proof – Aadhar Card, PAN Card, Driver’s License, Passport, etc.

Address Proof – Aadhar Card, Rent Agreement, Ration Card, Passport, Latest Utility Bills, etc.

Income Proof – Salaried individuals need to provide their latest salary slips and bank statements. Self-employed individuals need to provide their audited ITR of the previous year.

Conclusion

The Axis Bank Kwik RuPay credit card is a nice offering by the bank as it is a lifetime free variant and can be linked to UPI apps for convenient transactions. You just need to download the Kiwi app on your smartphone and you can apply for the card from there. You get a virtual card as soon as you are approved, and you can further activate the card, set up your UPI PIN, and start using it.

The best part is that you can enjoy all the privileges of the credit card, earn rewards for your spends, and everything, along with the convenience of making UPI transactions. The card is lifetime free and is not packed with any travel, dining, or other features, but still, it has a great reward rate and offers the convenience of UPI payments. You can use the card even at small and rural-area merchants who couldn’t accept card payments, but have merchant QR codes.