AXIS Bank SELECT Credit Card VS ICICI Bank Rubyx Credit Card
Travel credit cards are undoubtedly a favorite among frequent travelers, offering enticing rewards for cardholders constantly on the move. Specifically designed for such individuals, these cards, exemplified by the AXIS Bank SELECT Credit Card and the ICICI Bank Rubyx Credit Card, are among the most prominent in the market. However, choosing between them can be challenging due to their similar nature.
Both the SELECT by AXIS and Rubyx by ICICI present robust reward systems, ensuring that users receive value back in the form of reward points for every transaction. Notably, both cards stand out for their shared benefits, including airport lounge access, golf privileges, and comprehensive insurance coverage with zero protection liability.
While numerous other features contribute to the appeal of these credit cards, the distinctions between them can be subtle. For an in-depth understanding of each card’s offerings, the article delves into the detailed features and benefits of both, allowing potential cardholders to make an informed decision based on their specific preferences and priorities.
AXIS Bank SELECT Credit Card
The AXIS Bank SELECT Credit Card boasts a competitive joining fee of Rs. 3,000 plus applicable taxes. This versatile card extends its benefits across various categories, including travel, shopping, dining, and entertainment, making it an ideal choice for those with diverse spending habits. Beyond its primary travel focus, this credit card seamlessly transforms into a lifestyle credit card, offering a comprehensive range of privileges.
Noteworthy perks include discounts on restaurant bills through the Dining Delight Program and savings on Swiggy orders, enhancing the overall dining experience. With rewards earned for every Rs. 200 spent, cardholders can accumulate benefits swiftly. Additionally, the card features milestone benefits, adding an extra layer of value to ongoing usage.
For a more detailed overview of the features and advantages of the AXIS Bank SELECT Credit Card, please refer to the comprehensive list below. This credit card presents a compelling blend of affordability, versatility, and rewards across various lifestyle categories, making it an appealing choice for a broad spectrum of users.
Features and Benefits
Welcome Benefits
- You get a voucher worth Rs. 2,000 from Amazon if you make your first transaction within 90 days of your card activation.
Rewards
- 10 EDGE Points on every Rs. 200 spent
- On retail shopping you get 2X EDGE points on every Rs. 200 spent
- Fuel purchases do not incur any EDGE points.
- The accumulated reward points can be redeemed against shopping or travel vouchers or products from the given catalog.
Movie and Dining Benefits
- Up to 20% discount upon dining with the partnered restaurant
- Up to 40% discount (max capped at Rs. 400) on Swiggy, offer can be used twice a month on a minimum transaction value of Rs. 400/order
- With BookMyShow you Buy 1 movie ticket and get up to Rs. 300 off on your second ticket, an offer to be used twice a month.
Travel Benefits
- 6 complimentary international airport lounge access per year with a Priority Pass Membership. The membership is to be renewed only after a minimum expenditure of Rs. 3 Lakh in the previous year.
- 2 Complimentary Domestic airport lounge access per quarter
Golf
- 6 complimentary golf rounds per year
- You get 3 more additional rounds over a spend of Rs. 3 Lakh in a year
Milestone Benefits
- 5,000 bonus EDGE points upon spending over Rs. 3 Lakhs
- Annual or renewal fee waiver upon spending over Rs. 6 Lakhs in a year.
- Renewal of Priority Pass Membership on spending over Rs. 3 Lakh in a year.
Fuel
- 1% fuel surcharge waiver on fuel transactions between Rs. 400 and Rs. 4,000 with all the fuel stations across the country.
Fees and Charges
- Joining / Annual Fee = Rs. 3,000 + Taxes
- Interest Rate = 3.6% per month or 52.86% annually
- Foreign Markup Fee = 3.5% of the transacted amount
- Cash Advance Fee = 2.5% or a minimum of Rs. 500
This AXIS Bank SELECT Credit Card is one of the most suitable credit cards for almost everyone. Not just for traveling but it also has benefits in other categories like shopping, dining entertainment, etc. This makes it an almost all-rounder credit card, and the rewards are extraordinary as well. The one who is looking for a credit card with an advantageous reward system can surely look up to this credit card.
ICICI Bank Rubyx Credit Card
ICICI Bank’s Rubyx Credit Card stands out as India’s inaugural dual platinum credit card, meticulously designed to deliver a multitude of benefits across various categories to its cardholders. An enticing welcome awaits users, with a gift voucher valued at Rs. 5,000 or more.
The credit card ensures continuous rewards, allowing cardholders to earn points for every Rs. 100 spent. Beyond these primary features, the Rubyx Credit Card encompasses a range of additional benefits and features, enhancing its appeal. The detailed list below provides a comprehensive overview of the advantages associated with this unique credit card.
In summary, ICICI Bank’s Rubyx Credit Card presents an innovative and rewarding experience, combining a substantial welcome offer, ongoing rewards, and a host of additional features to cater to the diverse needs and preferences of its users.
Features and Benefits
Welcome Benefit
- Voucher worth Rs. 5,000 or more for travel or shopping
- This voucher is available within 30 days once the joining fee has been paid
Rewards
- 4 RPs on every Rs. 200 spent internationally
- 2 RPs on every Rs. 100 spent for domestic purchases
- For utility and insurance categories, you get 1 RP on every Rs. 100 spent
- Redemption rate for 1 RP = Rs. 0.25
Movies and Dining Benefits
- Up to 25% discount (up to Rs. 150) with BookMyShow on a minimum purchase of two tickets (this offer is to be availed 2 times in a month and 1 time for Mastercard and AmEx variants)
- Up to 25% discount (up to Rs. 150) upon purchasing a minimum two tickets on INOX (two times in a month and 1 time for Mastercard and AmEx variants)
- Existing dining discounts with the partnered restaurants on each dining bill.
Travel Benefits
- 2 complimentary domestic lounge access per quarter
- 2 complimentary railway lounge access per quarter
- 1 complimentary domestic airport lounge access with each of two variants (1 each with AmEx and MasterCard), i.e., 2 domestic airport lounge access per quarter with a minimum of Rs. 5,000 spent in the previous quarter.
Golf
- 1 complimentary golf round or lessons for every Rs. 50,000 spent in the previous month
- This benefit is capped at a maximum of 2 rounds per month
Milestone
- 3,000 RPs upon spending Rs. 3 Lakhs and 1,500 RPs on each subsequent spend of Rs. 1 Lakh in a year
- You get to earn up to 15,000 additional RPs in a year
- Renewal or annual fee waiver on a minimum expense over Rs. 3 Lakhs in the previous year
Fuel
- 1% Fuel Surcharge waiver in all transactions below Rs. 4,000 in all fuel stations across the country.
Fees and Charges
- Joining / Annual fee = Rs. 3,000 + Taxes for the first year and Rs. 2,000 + Taxes per year from second year onwards
- Interest Rate = 3.5% per month or 40.8% per annum
- Foreign Exchange Markup Fee = 3.5% of the transacted amount
- Cash Advance Fee = 2.5% or Rs. 300 whichever is higher.
The ICICI Bank Rubyx Credit Card is extremely beneficial as the annual fee gets lowered from the next year onwards. This is also a card that has a low interest rate in comparison to others and hence it makes this card very desirable.
Quick Comparison
Here is a quick comparison between both credit cards to check which one of these have more or lesser benefits than the other-
| Basics | AXIS Bank SELECT Credit Card | ICICI Bank Rubyx Credit Card |
| Joining Fee | Rs. 3,000 + Taxes | Rs. 3,000 + Taxes / Rs. 2,000 + Taxes per year from second year onwards |
| Welcome Benefit | voucher worth Rs. 2,000 from Amazon upon making a first transaction within 90 days of your card activation | Voucher worth Rs. 5,000 or more for travel or shopping |
| Rewards | 10 EDGE Points on every Rs. 200 spent 2X EDGE points on every Rs. 200 spent on retail shopping accumulated reward points can be redeemed against the catalog | 4 RPs on every Rs. 200 spent internationally 2 RPs on every Rs. 100 spent for domestic purchases 1 RP on every Rs. 100 spent on utility and insurance categories Redemption rate for 1 RP = Rs. 0.25 |
| Interest Rate | 3.6% per month or 52.86% annually | 3.5% per month or 40.8% per annum |
| Movies | With BookMyShow you Buy 1 movie ticket and get up to Rs. 300 off on your second ticket, the offer is to be used twice a month | Up to 25% discount (up to Rs. 150) with BookMyShow on a minimum purchase of two tickets Up to 25% discount (up to Rs. 150) upon purchasing a minimum of two tickets on INOX Both the offer are valid for two times in a month and 1 time for Mastercard and AmEx variants |
| Dining | Up to 20% discount upon dining with the partnered restaurant Up to 40% discount (max capped at Rs. 400) on Swiggy, the offer can be used twice a month on a minimum transaction value of Rs. 400/order | Existing dining discounts with the partnered restaurants on each dining bills |
| Travel Benefit | 6 complimentary international airport lounge access per year with a Priority Pass Membership 2 Complimentary Domestic airport lounge access per quarter | 2 complimentary domestic lounge access per quarter 2 complimentary railway lounge access per quarter 1 complimentary domestic airport lounge access with each of two variants (1 each with AmEx and MasterCard), i.e., 2 domestic airport lounge access per quarter with a minimum of Rs. 5,000 spent in the previous quarter |
| Foreign Exchange Markup Fee | 3.5% of the transacted amount | 3.5% of the transacted amount |
| Golf | 6 complimentary golf rounds per year Get 3 more additional rounds over a spend of Rs. 3 Lakh in a year | 1 complimentary golf rounds or lessons on every Rs. 50,000 spent in the previous month This benefit is capped at a maximum of 2 rounds per month |
| Milestone Benefit | 5,000 bonus EDGE points upon spending over Rs. 3 Lakhs Annual or renewal fee waiver upon spending over Rs. 6 Lakhs in a year Renewal of Priority Pass Membership on spending over Rs. 3 Lakh in a year | 3,000 RPs upon spending Rs. 3 Lakhs and 1,500 RPs on each subsequent spend of Rs. 1 Lakh in a year You get to earn up to 15,000 additional RPs in a year Renewal or annual fee waiver on a minimum expense of Rs. 3 Lakhs in the previous year |
| Fuel | 1% fuel surcharge waiver on fuel transactions between Rs. 400 and Rs. 4,000 | 1% Fuel Surcharge waiver in all transactions below Rs. 4,000 in all fuel stations |
| Cash Advance Fee | 2.5% or a minimum of Rs. 500 | 2.5% or Rs. 300 whichever is higher |
This comparison table will help you access the details and compare both cards more efficiently.
Conclusion
The AXIS Bank SELECT Credit Card and ICICI Bank Rubyx Credit Card emerge as top contenders in their category, offering distinct advantages. For individuals seeking international airport lounge access and exceptional rewards, the AXIS Bank SELECT Credit Card is a compelling choice. On the other hand, the ICICI Bank Rubyx Credit Card caters to those prioritizing lower interest rates alongside significant benefits.
Both credit cards provide comprehensive rewards and benefits across various categories, allowing users to make informed decisions based on their preferences and lifestyle. To determine the most efficient fit, consult the comparison table for a detailed breakdown of features and advantages. Whether it’s luxurious travel perks or a balance of benefits and affordability, these credit cards cater to diverse needs, ensuring a rewarding experience for cardholders.