Axis Bank · Super-premium
Axis Olympus
Earns Axis EDGE Miles (Olympus: 1:4)
28 Aug 2026
Currency-conversion markup on rupee payments abroad becomes 1.8%, gift cards and tolls stop earning, and Priority Pass stops opening domestic lounges in India.
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The Olympus T&C redemption table lists catalogue, partner miles (via the Miles Transfer T&C), partner outlets and SMS redemption, each with a 500 EDGE Mile minimum, but prints no rupee rate per Mile. The only rupee equivalence the bank states is the welcome/annual benefit: '2500 EDGE Miles worth Rs.2500'.
Points valued at ₹2.1/pt - conservative, what rankings use · transfers reach up to ₹4.60/pt via Accor ALL (Live Limitless) at 1:2
2 EDGE Miles per Rs 100 on international spends
abroad · 2 pts / ₹100
how it works
International spends pay a 1.8% forex markup.
Source: Terms and Conditions for Axis Bank Olympus Credit Card (axis.bank.in PDF, dated 25 Aug 2026) - axis.bank.in - read 20 Oct 2026
4.20%
Everything else
1 pt / ₹100
source
Source: Terms and Conditions for Axis Bank Olympus Credit Card (axis.bank.in PDF, dated 25 Aug 2026) - axis.bank.in - read 20 Oct 2026
2.10%
Axis Olympus via GRAB DEALSdisplay, never ranks
GRAB DEALS: 14 brands
Open the brand through GRAB DEALS, then pay with this card. Cashback cap: ₹1,000 cashback per card a month across GRAB DEALS.
BrandCashback
Forest Essentials18%*
Blissclub15%*
TaxBuddy10%*
Ajio8.0%*
IGP8.0%*
Libas8.0%*
Show all 14 brands
PUMA8.0%*
Myntra7.0%*
boAt5.0%*
FirstCry5.0%*
Nykaa5.0%*
Dyson3.0%*
RedBus2.0%*
Uniqlo2.0%*
* on the price before tax
how it works & source
The cashback comes on top of the card's own points on the payment (GRAB DEALS only redirects to the store). GRAB DEALS pays cashback on the price before taxes; counted on the price less 18% GST (the highest rate), so the figure never overstates (earnExTax). Primary cards only; not on EMI, gift vouchers or gold/silver.
Source: Axis Bank GRAB DEALS brand offers and T&C (Cashback/Discount Details): Myntra flat 7%, AJIO flat 8%, Uniqlo flat 2%, FirstCry flat 5%; max Rs 1,000 per account/credit card a month; on the price excluding taxes; primary cards only; not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 16 Oct 2026
Source: Axis Bank GRAB DEALS Forest Essentials page: flat 18% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS Blissclub page: flat 15% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS boAt page: flat 5% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS Dyson page: flat 3% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS IGP page: flat 8% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS Libas page: flat 8% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS Nykaa page: flat 5% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS PUMA page: flat 8% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS RedBus page: flat 2% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Source: Axis Bank GRAB DEALS TaxBuddy page: flat 10% cashback or 5X EDGE REWARD Points; T&C: max Rs 1,000 per account/credit card a month, on the price excluding taxes, primary cards only, not on EMI, gift vouchers, gold/silver - grabdeals.axis.bank.in - read 17 Oct 2026
Percentages here are each rule's own rate.
The card's single headline is the best of the direct rules only - selectable packs, capped-base rows and
portal/voucher routes above are shown for completeness but never set it.
What 10,000 points become. The low end of each range ranks; the high end is display only.
Accor ALL (Live Limitless)
1:2 ratio · Back as a partner in the Sep 2026 revision, Group A, reduced ratio tier.
20,000 ptsworth ₹42,000-₹46,000
Singapore Airlines KrisFlyer
1:4 ratio
40,000 ptsworth ₹32,000-₹1,00,000
Air Canada Aeroplan
1:4 ratio
40,000 ptsworth ₹32,000-₹88,000
Postcard Hotels Sunshine Club
1:4 ratio
40,000 ptsworth ₹32,000-₹44,000
Japan Airlines Mileage Bank
1:4 ratio
40,000 ptsworth ₹28,000-₹80,000
Turkish Airlines Miles&Smiles
1:4 ratio
40,000 ptsworth ₹28,000-₹88,000
Air France-KLM Flying Blue
1:4 ratio · Moved to Group A in the Sep 2026 revision.
40,000 ptsworth ₹28,000-₹80,000
United MileagePlus
1:4 ratio
40,000 ptsworth ₹24,000-₹72,000
EDGE Miles, not points: 1 EDGE Mile = 4 partner points. Accor, Cathay, BA, Finnair, Lotusmiles, Qatar and IndiGo BluChip are 1:2. Yearly limits: 1.5 lakh Miles to Group A and 6 lakh to Group B (7.5 lakh in all). At least 500 Miles per transfer. Miles & More: at least 750 Miles per transfer and at most 50,000 Miles a year (its own limits, in the data).
Utility bills, Insurance, Education, Government / tax, Wallet load, Rent, Fuel
Utilities, insurance, educational institutions, government institutions, wallet, rent and fuel earn no EDGE Miles.
use HSBC Live+ 10.0%
source
categories: Utility bills, Insurance, Education, Government / tax, Wallet load, Rent, Fuel
Source: Terms and Conditions for Axis Bank Olympus Credit Card (axis.bank.in PDF, dated 25 Aug 2026) - axis.bank.in - read 20 Oct 2026
Tolls and bridge fees
Bridge fees, road fees and tolls earn no EDGE Miles (Olympus T&C list and 28 Aug 2026 revision).
use FIRST Private 6.6%
source
4784 is the toll code Axis itself prints under 'Transportation & Tolls' in its IndianOil Premium T&C; the Olympus T&C names the category only.
MCCs: 4784
Source: Revision of OLYMPUS Credit Card Terms and Conditions (effective 28-08-2026) - axis.bank.in - read 20 Oct 2026
Gift, card, novelty and souvenir shops
Gift-card purchases reclassified to an excluded Gift Card category (from 28 Aug 2026).
use FIRST Private 6.6%
source
Axis excludes by spend category; 5947 is the closest MCC mapping.
MCCs: 5947
Source: Axis credit card T&C revision effective 28-08-2026 (campaign.axis.bank.in PDF) - campaign.axis.bank.in - read 20 Oct 2026
EMI
EMI conversions, balance conversion/transfer, cash withdrawals, fees, charges and GST do not count as qualifying purchase value.
use Kotak Solitaire 3.0%
source
categories: EMI
Source: Terms and Conditions for Axis Bank Olympus Credit Card (axis.bank.in PDF, dated 25 Aug 2026) - axis.bank.in - read 20 Oct 2026
Bank terms we cannot price for you yet - they depend on something we do not know. Rankings leave them out.