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Axis Bank Credit Card Cash Withdrawal Charges - How To Withdraw Cash From Axis Credit Card?

By Mayashree Acharya

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Updated on: Jul 5th, 2024

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7 min read

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 CardsJoining FeesAnnual Fees (Second Year Onwards)
Axis Bank MY Zone Credit CardRs.500Rs.500 (lifetime free for select channels)
IndianOil Axis Bank Credit CardRs.500Rs.500
Axis Bank Magnus Credit CardRs.12,500Rs.12,500
REWARDS Credit CardRs.1,000Rs.1,000 (waived off for annual spends of Rs.2 lakh, excluding rent and wallet load transactions)
Flipkart Axis Bank Credit CardRs.500Rs.500 (waived off for annual spends of Rs.3.5 lakh, excluding rent and wallet load transactions)
Axis Bank Neo Credit CardRs.250Rs.250 (lifetime free for select channels)
Axis Bank Privilege Credit CardRs.1,500 (None for priority customers)Rs.1,500
Axis Bank Vistara Credit CardRs.1,500Rs.1,500
Axis Bank Vistara Signature Credit CardRs.3,000Rs.3,000
Axis Bank Select Credit CardRs.3,000 (None for Burgundy Customers) Rs.3,000 (None for Burgundy Customers) 
SpiceJet Axis Bank Voyage Black Credit CardRs.2,000Rs.2,000 
Axis Bank Atlas Credit CardRs.5,000Rs.5,000
Fibe Axis Bank Credit Card00
Axis Bank Kwik Credit Card00
SpiceJet Axis Bank Voyage Credit CardRs.750Rs.750 
Airtel Axis Bank Credit CardRs.500Rs.500 (waived off for annual spends of Rs.2 lakh, excluding rent and wallet load transactions)
Axis Bank Vistara Infinite Credit CardRs.10,000Rs.10,000
Samsung Axis Bank Signature Credit CardRs.500Rs.500 (waived off for annual spends of Rs.2 lakh, excluding rent and wallet load transactions)
Samsung Axis Bank Infinite Credit CardRs.5,000Rs.5,000 (waived off for annual spends of Rs.7 lakh, excluding rent and wallet load transactions)
Flipkart Axis Bank SuperElite Credit CardRs.500Rs.500 (waived off for annual spends of Rs.2 lakh, excluding rent and wallet load transactions)
Axis Bank Burgundy Private Credit CardRs.50,000 (None for Burgundy Private account holders)Rs.50,000 (None for Burgundy Private account holders)
Axis Bank Reserve Credit CardRs.50,000Rs.50,000 (waived off for eligible annual spends of Rs.35 lakh)
Axis Bank Miles and More Select Credit CardRs.10,000Rs.10,000
Axis Bank Miles and More World Credit CardRs.3,500Rs.3,500
Axis Bank AURA Credit CardRs.749Rs.749
Axis Bank Freecharge Credit CardRs.250Rs.250
Axis Bank Freecharge Plus Credit CardRs.350Rs.350 (waived off for annual spends of Rs.50,000, excluding rent and wallet load transactions)
Axis Bank ACE Credit CardRs.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 Card0Rs.250 (waived off for annual spends of Rs.20,000, excluding rent and wallet load transactions)
Axis Bank Pride Signature Credit Card0Rs.500 (waived off for annual spends of Rs.40,000, excluding rent and wallet load transactions)
Axis Bank MY Zone Easy Credit CardRs.500Rs.500
Privilege Easy Credit Card Rs.1,500 (None for Priority customers)Rs.1,500
Axis Bank Signature Credit Card with Lifestyle BenefitsRs.5,000Rs.3,000 (waived off for annual spends of Rs.3 lakh)
LIC Axis Bank Signature Credit Card00
LIC Axis Bank Platinum Credit Card00
Platinum Credit CardRs.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 CardRs.1,200Rs.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:

ParticularsLate 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.10,000Rs.750
If the due amount is more than Rs.10,000Rs.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

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Frequently Asked Questions

What are Axis Bank Neo Credit Card cash withdrawal charges?

Axis Bank Neo Credit Card will charge 2.5% per month or Rs.500, whichever is higher, on the withdrawn amount as cash withdrawal charges. 

What are Axis Bank Titanium credit card cash withdrawal charges?

Axis Bank Titanium Credit Card will charge 2.5% per month or Rs.500, whichever is higher, on the withdrawn amount as cash withdrawal charges. 

What are Flipkart Axis Bank Credit Card cash withdrawal charges?

Flipkart Axis Bank Credit Card charges 2.5% per month or Rs.500, whichever is higher, on the withdrawn amount as cash withdrawal charges. 

What are Flipkart Axis Bank Credit Card cash withdrawal limits?

You can withdraw up to 20% to 40% of your credit limit or as set by the bank as cash advances using the Flipkart Axis Bank Credit Card. 

What are Axis Bank Flipkart Credit Card charges?

The joining fee for the Axis Bank Flipkart Credit Card is Rs.500. From next year, you will have to pay the annual fee of Rs.500. The annual fee will be waived off if you spend more than Rs.3,50,000 in the previous year (except on rent and wallet load transactions).

What are the charges for withdrawing cash from an Axis Bank Credit Card?

Axis Bank's credit card cash withdrawal charge is 2.5% of the withdrawal amount or Rs.500, whichever is higher. 

Can I withdraw money from an ATM with an Axis Bank credit card?

Yes, you can withdraw cash from ATMs using Axis Bank credit cards.

Are there any charges for credit card cash withdrawals?

Yes, on credit card cash withdrawal, Axis Bank will charge you a cash withdrawal interest rate and additional cash withdrawal fees. You must pay these along with your repayment amount to clear your debt. 

About the Author

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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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