Axis Bank Credit Card Cash Withdrawal Charges - How To Withdraw Cash From Axis Credit Card?
Cash advance or cash withdrawal is a facility with which cardholders can use their credit cards to withdraw cash from an ATM. It is also important to note that not all banks or credit cards offer this feature. In case this is permitted, you might have to pay a cash advance fee whenever you use the cash advance feature.
Like most prominent banks and credit card companies, Axis Bank also allows its customers to use the cash advance facility. Keep reading for detailed knowledge on Axis Bank credit card cash withdrawal charges, late payments, overdue charges and other details.
Axis Bank Credit Card Cash Withdrawal Charges Per Month
Axis Bank also charges a certain amount on every cash withdrawal that you perform using this bank’s credit card. The bank then adds this Axis Bank credit card cash withdrawal rate to the withdrawal amount, which you must repay to clear your debt.
According to this bank’s terms and conditions, Axis Bank's credit card cash withdrawal charge is 2.5% of the withdrawal amount. The minimum charge for cash withdrawal is Rs.500. Thus, you will have to pay either 2.5% of the withdrawal amount or Rs.500, whichever is higher, as credit card cash withdrawal charges.
The Axis Bank credit card cash withdrawal fees will be charged to your credit card account in the subsequent month.
It is also important to note that Axis Bank does not charge any cash withdrawal fee for three specific cards. These are Axis Bank Magnus Credit Card, Axis Bank Burgundy Private Credit Card and Axis Bank Reserve Credit Card.
Axis Bank Credit Card Types and Charges
The table below will take you through the types of Axis Bank credit cards and charges:
| Types of Credit Cards | Joining Fees | Annual Fees (Second Year Onwards) |
| Axis Bank MY Zone Credit Card | Rs.500 | Rs.500 (lifetime free for select channels) |
| IndianOil Axis Bank Credit Card | Rs.500 | Rs.500 |
| Axis Bank Magnus Credit Card | Rs.12,500 | Rs.12,500 |
| REWARDS Credit Card | Rs.1,000 | Rs.1,000 (waived off for annual spends of Rs.2 lakh, excluding rent and wallet load transactions) |
| Flipkart Axis Bank Credit Card | Rs.500 | Rs.500 (waived off for annual spends of Rs.3.5 lakh, excluding rent and wallet load transactions) |
| Axis Bank Neo Credit Card | Rs.250 | Rs.250 (lifetime free for select channels) |
| Axis Bank Privilege Credit Card | Rs.1,500 (None for priority customers) | Rs.1,500 |
| Axis Bank Vistara Credit Card | Rs.1,500 | Rs.1,500 |
| Axis Bank Vistara Signature Credit Card | Rs.3,000 | Rs.3,000 |
| Axis Bank Select Credit Card | Rs.3,000 (None for Burgundy Customers) | Rs.3,000 (None for Burgundy Customers) |
| SpiceJet Axis Bank Voyage Black Credit Card | Rs.2,000 | Rs.2,000 |
| Axis Bank Atlas Credit Card | Rs.5,000 | Rs.5,000 |
| Fibe Axis Bank Credit Card | 0 | 0 |
| Axis Bank Kwik Credit Card | 0 | 0 |
| SpiceJet Axis Bank Voyage Credit Card | Rs.750 | Rs.750 |
| Airtel Axis Bank Credit Card | Rs.500 | Rs.500 (waived off for annual spends of Rs.2 lakh, excluding rent and wallet load transactions) |
| Axis Bank Vistara Infinite Credit Card | Rs.10,000 | Rs.10,000 |
| Samsung Axis Bank Signature Credit Card | Rs.500 | Rs.500 (waived off for annual spends of Rs.2 lakh, excluding rent and wallet load transactions) |
| Samsung Axis Bank Infinite Credit Card | Rs.5,000 | Rs.5,000 (waived off for annual spends of Rs.7 lakh, excluding rent and wallet load transactions) |
| Flipkart Axis Bank SuperElite Credit Card | Rs.500 | Rs.500 (waived off for annual spends of Rs.2 lakh, excluding rent and wallet load transactions) |
| Axis Bank Burgundy Private Credit Card | Rs.50,000 (None for Burgundy Private account holders) | Rs.50,000 (None for Burgundy Private account holders) |
| Axis Bank Reserve Credit Card | Rs.50,000 | Rs.50,000 (waived off for eligible annual spends of Rs.35 lakh) |
| Axis Bank Miles and More Select Credit Card | Rs.10,000 | Rs.10,000 |
| Axis Bank Miles and More World Credit Card | Rs.3,500 | Rs.3,500 |
| Axis Bank AURA Credit Card | Rs.749 | Rs.749 |
| Axis Bank Freecharge Credit Card | Rs.250 | Rs.250 |
| Axis Bank Freecharge Plus Credit Card | Rs.350 | Rs.350 (waived off for annual spends of Rs.50,000, excluding rent and wallet load transactions) |
| Axis Bank ACE Credit Card | Rs.499 (waived off for spends more than Rs.10,000 within 45 days of card issuance) | Rs.499 (waived off for annual spends of Rs.20,000, excluding rent and wallet load transactions) |
| Axis Bank Pride Platinum Credit Card | 0 | Rs.250 (waived off for annual spends of Rs.20,000, excluding rent and wallet load transactions) |
| Axis Bank Pride Signature Credit Card | 0 | Rs.500 (waived off for annual spends of Rs.40,000, excluding rent and wallet load transactions) |
| Axis Bank MY Zone Easy Credit Card | Rs.500 | Rs.500 |
| Privilege Easy Credit Card | Rs.1,500 (None for Priority customers) | Rs.1,500 |
| Axis Bank Signature Credit Card with Lifestyle Benefits | Rs.5,000 | Rs.3,000 (waived off for annual spends of Rs.3 lakh) |
| LIC Axis Bank Signature Credit Card | 0 | 0 |
| LIC Axis Bank Platinum Credit Card | 0 | 0 |
| Platinum Credit Card | Rs.500 (waived off for spends of Rs.5,000 within 45 days of card issuance) | Rs.200 (waived off for annual spends of Rs.1 lakh, excluding rent and wallet load transactions) |
| Titanium Smart Traveler Credit Card | Rs.250 (waived off for spends of Rs.2,500 within 45 days of card issuance) | Rs.100 (waived off for annual spends of Rs.50,000, excluding rent and wallet load transactions) |
| Axis Bank My Wings Credit Card | Rs.1,200 | Rs.500 |
Axis Bank Credit Card Annual Charges
The Axis Bank credit card annual charges start from nil and go up to Rs.50,000, depending on the type of credit card you have applied for. The annual fees or charges for various Axis Bank credit cards are covered in the table provided in the above section.
Axis Bank Credit Card Late Payment and Overdue Charges
The table below displays the Axis Bank credit card overdue charges for late repayments of cash advance amounts:
| Particulars | Late Payment and Overdue Charges |
| For total payments due up to Rs.500 | None |
| If the outstanding amount falls between Rs.501- Rs.5,000 | Rs.500 |
| If the outstanding amount falls between Rs.5,001- Rs.10,000 | Rs.750 |
| If the due amount is more than Rs.10,000 | Rs.1,200 |
Axis Bank Credit Card Closing Charges
There are no charges levied by the bank for Axis Bank credit card closing. However, before closing the credit card, you just need to clear all your debts to go ahead with the credit card cancellation process.
How to Withdraw Cash Using an Axis Bank Credit Card?
The process of withdrawing cash using an Axis Bank credit card is similar to cash withdrawal using a debit card. Follow the steps below to withdraw money using Axis Bank credit card:
- Step 1: Visit the nearest Axis Bank ATM.
- Step 2: Insert your Axis Bank credit card in the card slot.
- Step 3: Enter your PIN and the amount you wish to withdraw.
You can use Axis Bank's credit card cash advance feature to withdraw money from any bank's ATM. However, it is also important to note that different banks might charge an extra fee besides the Axis Bank credit card withdrawal charges. Therefore, consider reading the terms and conditions related to this feature thoroughly. This will help you manage your outstanding debt efficiently and ensure financial stability.
Similar Articles:
1. ICICI Credit Card Cash Withdrawal Charges
2. Credit Card Cash Withdrawal Charges
3. HDFC Credit Card Cash Withdrawal Charges
Frequently Asked Questions
Quick Summary
Cash advance allows using credit cards to withdraw cash. Axis Bank offers cash advance with a fee of 2.5% or Rs.500. No fee on special cards. Various Axis Bank credit cards have different joining and annual fees. Late payment charges range from Rs.500 - Rs.1,200. No closure charges. Withdraw cash from Axis Bank ATM using the credit card.
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