Web based shopping has turned into the go-to technique for all shopaholics today, on account of the plenty of sites that give many items that can be obtained from the solace of one’s home. Despite the fact that money down is one alternative used to pay for these buys, most clients favor utilizing charge or Visas to make their installments. With a specific end goal to take into account these customers, Axis Bank has presented the Buzz Visa which is ideal for every online customer.
The Axis Bank Buzz Mastercard accompanies a large number of favorable and interesting advantages, making this card an unquestionable requirement have for each one of the individuals who love to shop on the web.
Key Points of Axis Bank Buzz Credit Card
- Gift Vouchers from Flipkart
- Accelerated Rewards on shopping
- Option to convert expensive purchases to EMI
- Fantastic discounts in certain websites
- Price protection cover
- Milestone benefits
Benefits of Axis Bank Buzz Credit Card
- Welcome Benefit
Individuals will receive a gift voucher from Flipkart that is worth Rs.1,000 when they make three purchases within the first 45 days of procuring the Buzz credit card from Axis Bank.
- Discount at Flipkart
Cardholders can enjoy a discount of 5% when they shop at Flipkart, subject to a maximum benefit of Rs.200 per month.
- Axis eDGE Reward Points
Customers can enjoy Accelerated Rewards wherein they will receive 3X Axis eDGE Reward Points when they shop online. On every Rs.200 spent, cardholders will receive 2 Axis eDGE Reward Points. These points can be redeemed for a host of benefits and products.
- Dining Offers
Axis Bank Buzz credit cardholders can avail a minimum discount of 15% at partner restaurants across the country.
- Milestone Benefits
The following Milestone benefits can be enjoyed –
- If an individual spends Rs.25,000 annually on purchases from Flipkart, a Flipkart voucher worth Rs.500 can be availed.
- If Rs.50,000 is spent in one year on products from Flipkart, a voucher from Flipkart worth Rs.1,000 can be procured.
- If a cardholder spends Rs.1,00,000 annually on Flipkart, he/she will receive a voucher worth Rs.2,500 from Flipkart.
- In case the cardholder’s annual overall spend is over Rs.1,00,000, he/she will receive a voucher from Flipkart worth Rs.1,000.
- In case Rs.2,00,00 is spent overall per year, the customer will receive a voucher from Flipkart worth Rs.2,000.
The above vouchers can be availed only if the said amount is spent through the Buzz credit card by Axis Bank.
Features of Axis Bank Buzz Credit Card
- Price Protection Cover
Individuals will be able to avail a product for the lowest possible price. In case there is a price discrepancy, this cover will ensure that the price difference is reimbursed.
- EMI Conversion
Axis Bank Buzz credit cardholders have to option to convert any of their transactions that are worth over Rs.2,500 into convenient EMIs.
Eligibility Criteria of Axis Buzz Credit Card
In order to avail the Axis Bank Buzz credit card, individuals will have to meet the eligibility criteria mentioned below:
- The primary cardholder will have to be between the ages of 18 and 70 years.
- The supplementary cardholder will have to be over 15 years old.
- An applicant will have to be either an Indian resident or a Non-Resident Indian
Other criteria may be applicable subject to the Axis Bank’s decision.
Documents Required for Axis Buzz Credit Card
Documents required in order to avail the Axis Bank Buzz credit card, are as follows –
- Form 60 or photocopy of PAN card
- Colour photograph
- Form 16/Latest payslip/IT return a copy
- Proof of address such as passport/driving license/Aadhaar card/PAN card
- Proof of identity such as driving license/passport/Aadhaar card/PAN card
Documents required may vary as per the decision of Axis Bank.
Fees and Charges of Axis Bank Buzz Credit Card
| Particular | Amount |
| Joining Fee | Rs.750 |
| Annual Fee |
|
| Supplementary Card Joining Fee | Nil |
| Supplementary Card Annual Fee | Nil |
| Card Replacement Fee | Waived |
| Cash Payment Fee | Rs.100 |
| Duplicate Statement Fee | Waived |
| Fee for Charge Slip Retrieval | Waived |
| Outstation Cheque Fee | Waived |
| Mobile Alerts | Free |
| Hotlisting Fee | Nil |
| Balance Enquiry Fee | Waived |
| Finance Charges | 3.25% per month |
| Cash Withdrawal Fee | 2.5% of the cash amount, subject to a minimum of Rs.250 |
| Over Limit Penalty | 3% of the over limit fee, subject to a minimum of Rs.500 |
| Cheque Return Fee | Rs.300 |
| Railway Ticket Surcharge | Based on the IRCTC rules |
| Foreign Currency Transaction Fee | 3.5% of the value of transaction |
| GST | Based on existing Government rules and regulations |