Axis Select cashback rate, cap and annual fee
Axis Select pays 2% on supermarkets — on the first INR 20,000 you spend on it each month, which is where the INR 400 cap stops it. The card costs INR 3,000 a year.
Axis Bank · India · catalogue v101
Read from Axis Bank's own published terms on 20 Sep 2026.
INR 3,000Annual fee
2%Best rate
What it pays, by category
| Spending | Rate | Monthly cap |
|---|---|---|
| supermarkets | 2.00% | INR 400reached at INR 20,000 of spendDepartment stores and clothing and accessory stores, at twice the base rate. 2,000 points a month, reached at ₹20,000 of Retail Shopping across this a |
| groceries | 2.00% | INR 400reached at INR 20,000 of spendGrocery stores, inside the same Retail Shopping definition and the same ₹20,000 of monthly spending. |
| everything else | 1.00% | —Ten EDGE REWARD Points per ₹200 on everything else, which is 1% once the point is priced. |
| fuel | None | —Fuel earns no points. The 1% surcharge waiver still applies, up to ₹400 a statement. |
| rent and property | None | —Rent earns no points. |
| government | None | —Utilities and government services earn no points. |
| phone and internet | None | —Telecom earns no points — Axis lists utilities and telecom together when it excludes them. |
| education | None | —Educational services earn no points. |
A ₹3,000 card paying 1% on ordinary spending and 2% on what Axis calls Retail Shopping, which it defines precisely: department stores, grocery stores, and clothing and accessory stores. That doubled rate stops at ₹20,000 of such spending a month — one ceiling across the whole definition, not one per category, and because this app holds a ceiling per rule the two rules below carry ₹20,000 worth each and together imply twice what the card pays. The exclusion list is the longest of any Axis card here and it also governs the fee waiver: insurance, rent, fuel, education, utilities and telecom, wallet loads, gold and jewellery, government services, gift cards, bridge fees and road tolls earn nothing and count for nothing. So the ₹8 lakh of spending that clears the ₹3,000 fee has to be ₹8 lakh of the right kind. Free for Burgundy customers, and the fee returns if that status lapses. Source: axisbank.com product page, checked 20 Sep 2026.
Questions people ask
What cashback does the Axis Select pay?
2% on supermarkets, 2% on groceries and 1% on everything else. The top rate is capped at INR 400 a month.
Is there a cap on the Axis Select?
Yes. supermarkets is capped at INR 400 a month; groceries is capped at INR 400 a month.
What is the annual fee on the Axis Select?
INR 3,000 a year.
Knowing the rate is not the same as remembering it
PayperWIZ holds the cards you actually own and names the right one at the till — after the cap you have already used this month, and after the foreign-currency fee. It works offline and never connects to a bank.
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