IKEA Family Credit Card by Axis Bank
Comprehensive review of IKEA Family Credit Card by Axis Bank by Axis Bank — fees, reward earning rates, airport lounge access, and key benefits.
Card overview
- Joining fee
Nil
- Annual fee
Nil
- Best suited for
Shopping
- Reward type
Reward Points
Rewards & cashback
- Rewards rate
3 EDGE Reward Points/₹100 for Spends With IKEA. 2 EDGE Reward Points/₹100 Spent on Dining.
- Welcome benefits
None
- Reward redemption
Exclusive SMS-Based Redemption on IKEA Purchases
Features & benefits
- Movie & dining
15% Discount on Dining
Fees & charges
- Foreign currency markup
3.5%
- Interest rates
3.6% Monthly (52.86% Annually)
- Fuel surcharge waiver
1% Fuel Surcharge Waiver on Transactions Between ₹400 to ₹5,000
- Cash advance charges
2.5% (Minimum ₹500)
Product highlights
- This is a lifetime free credit card most suited for those who like to shop at IKEA India.
- 3 EDGE Reward Points/₹100 spent on IKEA purchases.
Pros & cons
Pros
- As a lifetime free card, this option is perfect for those who don’t frequently visit IKEA but do go occasionally.
Cons
- This card primarily benefits IKEA purchases, but it does not offer other perks, such as dining or movies.
Frequently asked questions
Is this IKEA Family Credit Card a lifetime free card by Axis Bank?
Yes, the IKEA Family Credit Card is a lifetime free offering by Axis Bank. This means you won’t have to pay annual fees or charges.
How many points shall I earn with the IKEA Credit Card?
Earn 3 EDGE Reward Points per ₹100 spent at IKEA India. Also, earn 2 EDGE Reward Points per ₹100 spent on dining.