Axis Bank Select Credit Card vs IndusInd Visa Platinum Credit Card: Which is Better in 2026?
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In short: both charge a 3.5% forex markup.
| Key facts | Axis Select | IndusInd |
|---|---|---|
| Annual fee | ₹3,000 | Not listed |
| Joining fee | ₹3,000 | None |
| Annual fee waived | On ₹8 lakh annual spend | Not listed |
| Lounge access | 2 airport lounge visits a quarter | Not listed |
| Forex markup | 3.5% | 3.5% |
From issuer benefit data, checked 23 Oct 2026. Rewards, milestones and welcome benefits are in the full table below.
The Axis Bank Select Credit Card and the Indusind Visa Platinum Credit Card cater to different user needs with distinct fee structures, rewards, and travel benefits. Axis Bank Select focuses on premium travel perks and accelerated reward points, while Indusind Visa Platinum offers no joining fee and voucher-based welcome benefits. Both cards have the same forex markup fee, but vary significantly in lounge access and milestone rewards.
Comparison notes and quick badges use AI, grounded in the benefit data shown in the table. Confirm details on each issuer’s site.
Last updated:
| Feature | Axis Bank Select Credit Card | Indusind Visa Platinum Credit Card |
|---|---|---|
| Bank | Axis Bank | IndusInd Bank |
| Network | Visa | Visa |
| Joining fee | Joining Fee of Rs.3000 | Joining Fee - Nil |
| Annual / renewal fee | Second Year Onwards Annual Fee of Rs.3000 | — |
| Annual fee waiver | Spend Rs.8 Lakh For Waiver of Annual Fee | — |
| Reward rate (headline) | Earn 10 EDGE Reward Points Per Rs.200 | Earn 1.5 Rewards Points For Every Rs.150 |
| Lounge — domestic | 2 Complimentary Airport Lounge Access Per Quarter | — |
| Lounge — international | 12 Complimentary International Airport Lounge Access | — |
| Welcome benefit | Welcome Benefit - 10000 EDGE REWARD Points | Enjoy Complimentary Night Gift Voucher at The Postcard |
| Milestone benefit | Earn 5000 EDGE Reward Points on Spend of Rs.3 Lakhs | — |
| Foreign currency markup | 3.5% - Foreign Currency Transactions | 3.5% - Foreign Currency Transactions |
Which is better for rewards?
The Axis Bank Select Credit Card provides a stronger rewards program with 10 EDGE Reward Points per Rs.200 spent and accelerated 2X points on retail up to a cap, along with milestone rewards of 5000 points on Rs.3 lakh annual spend. Redemption value is Rs.0.20 per point, making it more rewarding for high spenders. In contrast, the Indusind Visa Platinum Credit Card offers a modest 1.5 reward points per Rs.150 spent and additional points on specific categories like education and utilities, but lacks milestone rewards. Its redemption rates vary, with non-cash redemption at Rs.0.60 per point and cash credit at Rs.0.40 per point, but overall rewards accrual is lower.
Which is better for travel?
Axis Bank Select clearly leads in travel benefits with 2 complimentary domestic lounge visits per quarter and 12 international lounge accesses annually. It also offers 6 complimentary golf rounds per year and a 1% fuel surcharge waiver. The Indusind Visa Platinum Credit Card does not provide any lounge access or golf benefits but does offer a 1% fuel surcharge waiver. For travelers seeking premium airport lounge access and golf privileges, Axis Bank Select is more suitable.
Which has lower effective cost?
Indusind Visa Platinum Credit Card has an advantage for fee-sensitive users as it charges no joining fee and does not specify an annual fee or waiver criteria, making it simpler and potentially cheaper for low spenders. Axis Bank Select has a Rs.3000 joining and renewal fee, which can be waived only after spending Rs.8 lakh annually, making it more suitable for high spenders who can offset fees with benefits. Both cards have a 3.5% forex markup fee, which is standard for foreign currency transactions.
Welcome Benefits
Axis Bank Select offers a welcome bonus of 10,000 EDGE Reward Points, which can be redeemed at Rs.0.20 per point, providing immediate value. Indusind Visa Platinum provides voucher-based welcome benefits under Vouchagram Premium, including gift cards and complimentary night vouchers, which may appeal to users looking for experiential perks rather than points.
Reward Redemption Flexibility
Axis Bank Select allows reward redemption at a fixed rate of Rs.0.20 per EDGE Reward Point. Indusind Visa Platinum offers multiple redemption options including non-cash redemption at Rs.0.60 per point and cash credit at Rs.0.40 per point, though the points accrual rate is lower. This flexibility may benefit users who prefer redeeming points for specific rewards.
Who should pick Axis Bank Select Credit Card?
Consider Axis Bank Select Credit Card if you are a frequent traveler who values extensive airport lounge access, accelerated reward points on retail spends, and milestone benefits. It suits high spenders willing to pay an annual fee for premium travel perks and golf privileges. The card's reward redemption rate and welcome bonus also make it attractive for those looking to maximize point earnings.
Who should pick Indusind Visa Platinum Credit Card?
Consider Indusind Visa Platinum Credit Card if you prefer a no-joining-fee card with straightforward benefits and voucher-based welcome offers. It is suitable for beginners or moderate spenders who want rewards on everyday categories like education and utilities without worrying about annual fees. However, it lacks premium travel benefits and milestone rewards, so it fits users with simpler needs.
Frequently Asked Questions
Axis Bank Select Credit Card charges Rs.3000 as joining and renewal fee, waivable on Rs.8 lakh annual spend. Indusind Visa Platinum Credit Card has no joining fee and does not specify an annual fee.
Axis Bank Select provides 2 complimentary domestic lounge visits per quarter and 12 international lounge accesses annually. Indusind Visa Platinum does not offer any lounge access.
Both Axis Bank Select and Indusind Visa Platinum Credit Cards charge a 3.5% forex markup fee on foreign currency transactions.
Axis Bank Select offers milestone rewards of 5000 EDGE Reward Points on spending Rs.3 lakh annually. Indusind Visa Platinum does not have milestone rewards.
Axis Bank Select gives 10,000 EDGE Reward Points as a welcome benefit. Indusind Visa Platinum offers vouchers under Vouchagram Premium including gift cards and complimentary night stays.
The annual fee waiver on Axis Bank Select requires spending Rs.8 lakh in a year, which may be challenging for moderate spenders.