Axis Bank credit card users should get ready for some important changes.
Starting August 28, 2026, the bank is updating several credit card rules that could affect your spending, rewards, and payment charges.
These changes will mainly impact international transactions, gift card purchases, and customers with high outstanding balances.
Paying in INR Abroad Will Become More Expensive
Axis Bank is increasing the Dynamic Currency Conversion (DCC) markup from 1.5% to 3.5%.
DCC is charged when you choose to pay in Indian Rupees (INR) instead of the local currency while shopping, dining, or staying at hotels abroad.
With the higher DCC fee, paying in INR during international transactions will cost more. Choosing the local currency at the time of payment can help you avoid these extra charges.
No Reward Points on Gift Card Purchases
Another major change is related to gift cards.
From August 28, gift card purchases will be placed under a separate spending category. You will no longer earn reward points or cashback on these transactions.
In addition, spending on gift cards will not be counted for spend-based fee waivers or milestone benefits available on some Axis Bank credit cards.
Higher Late Payment Charges
Axis Bank is also increasing the late payment fee for customers with large unpaid credit card bills.
Customers with an outstanding balance of more than ₹50,000 will now have to pay a late fee of ₹1,300.
New Late Payment Fee Structure
Up to ₹500: No late fee
₹501 to ₹5,000: ₹500
₹5,001 to ₹10,000: ₹750
₹10,001 to ₹50,000: ₹1,200
Above ₹50,000: ₹1,300
These new rules will take effect from August 28, 2026, so Axis Bank credit card users should review their spending habits and payment methods to avoid extra charges and make the most of their card benefits.
