Axis Bank Secured Silver
KeepFree to hold, transferable to an airline, and Axis will not say what it earns.
no published earn rate to price
Skip the arithmetic — the board, ranked → · nothing to sign up for
What it's worth to you, after the fee
Not valued. We can't value this card until the issuer publishes how it earns — every net-value number here would be a fee subtracted from rewards nobody has described. Everything we can source — the fee, the charges, the migration that put this card in your hand — is above and stands on its own; this card is simply not on the board, not in the calculator, and cannot win a best-of call until Axis Bank publishes terms we can cite.
Why we decline to value some cards, and what it takes to change that →
2 notes on the card itself: how it is issued · why it ranks #659
Why #659 Carried, not valued. The lower rung of Axis's unmarketed secured pair — Secured Gold sits above it in the bank's own interest table — and the only one of the two that turns up on Axis's airline-transfer list. It costs a published ₹0 to keep; what Axis has never printed for it is a reward rate, and that is what keeps it off the ranked board.
The take
Secured Silver is one of the Axis cards that exists only in the bank's regulatory documents. It has no product page and no marketing tile, and it turns up in exactly three places. The MITC's interest table, where it sits in the 3.4%-a-month secured band alongside Secured Gold, Platinum Secured, Insta Easy, My Zone Easy, Privilege Easy, IndianOil Easy and Easy Gold. The RBI-mandated Key Fact Sheet, whose "Secured Cards" table — a table the MITC does not have and an Axis sweep does not normally open — prices it at an annual fee of INR 0. And Axis's Travel EDGE eligible-cards list, as "Secured Silver Card PLUS POS Domestic". That second appearance is the one worth having. Being on the Travel EDGE list means whatever EDGE REWARD Points the card earns can be moved to an airline partner, which is the difference between a credit line and a rewards card, and it is a claim Axis makes for this card and not for its Secured Gold sibling. The interest band is the other thing worth knowing: 3.4% a month against the 3.75% Axis charges its unsecured entry cards, which is the tell that a fixed deposit backs the limit. Beyond that, Axis publishes nothing. No reward rate, no lounge clause, no welcome benefit, no fuel-surcharge entry — this card appears in neither the list of cards that get a refund nor the list expressly denied one. Forex is the 3.50% catch-all. So it is carried here and not ranked, off /rankings and out of the calculator, because a card whose earn rate is unpublished cannot be valued no matter how well its fee is documented. If you hold one, two facts are actionable: it costs nothing to keep, and your points are transferable.
Your renewal — keep, downgrade or cancel
There is no renewal arithmetic to run on this card yet — and a break-even we cannot source is not one we will print.
the whole desk — what changed, the downgrade, and what we cannot price →
Keep, downgrade or cancel
what we can and cannot price
Not valued. We can't value this card until the issuer publishes how it earns — every net-value number here would be a fee subtracted from rewards nobody has described. A break-even is the spend at which value crosses a fee, and we are short one side of that sentence — so this desk prints no ladder, no crossing and no ₹0 standing in for either. What we can source about this card is under Sources.
Your copy of this card
You hold this card.
Kept on this device, in your browser. It is never sent to us, never synced, and nothing else on the site reads it yet.
The downgrade
Axis Bank publishes no document naming a card you can step down to, so we name none — an invented product change is a phone call you would waste. That leaves keep or cancel, and we cannot price either side of it.
What has changed under this card
- 23 Sep 2026 Axis EDGE brings Accor back, drops ITC, and adds Cathay, Miles & More and Hilton issuer-wide
- 28 Aug 2026 Axis more than doubles its DCC markup — 3.5% generic, but Olympus and Magnus get their own rates issuer-wide
- 28 Aug 2026 Priority Pass stops opening Indian domestic lounges on every Axis card issuer-wide
We price what is in force today — a change that has not happened yet is not in these numbers. the full archive for this card →
If you call to cancel
What the bank offers to keep you is the one fact this desk cannot compute. We are collecting those reports — dated, and only in aggregate — before publishing any: an offer one reader was made is not one you are owed. Called about this card? Tell us what they offered →
The desk publishes subscribable .ics feeds for the dates it knows — offer deadlines, devaluations, expiry audits. Your renewal date is not one of them: only your statement knows it.
What's good
- Annual fee ₹0 — a printed zero in Axis's Key Fact Sheet, with no spends waiver arm attached
- On Axis's Travel EDGE eligible-cards list, so its EDGE REWARD Points can reach an airline partner
- Interest at 3.4% a month, Axis's secured band, against the 3.75% its unsecured entry cards charge
- Named in the MITC's secured interest table as a distinct product from Secured Gold
Watch out
- The ₹0 fee is in the Key Fact Sheet ONLY — the MITC that prices forty-five Axis cards has no row for this one, and there is no product page anywhere
- AXIS PUBLISHES NO REWARD RATE either; the transfer list proves it earns EDGE points and never says how many
- No lounge clause, no welcome benefit and no fuel-surcharge entry appear in any Axis document
- The 3.4% interest band it sits in is Axis's secured family, so expect a fixed deposit to be required
- Forex 3.50% — the Indian norm; this card is in none of the MITC's reduced-markup rows
- Axis's whole T&C schedule was revised with effect from 28 August 2026 — the current document is the revised one
What these points actually fly
Axis Bank has not published what this card earns, so there are no points here to fly with — not zero points, and not points that go nowhere: nothing stated either way. The moment a benefit sheet exists we will price whatever it names.
what the cards that DO reach a chart can fly — 2,196 corridors priced →
Lounge access
0 of 793 tracked doors
No lounge access. This card opens exactly 0 of 793 tracked lounge doors — board with the crowd, or find a card that doesn't →
Can you get it?
the route in — no cutoffs published
The cutoffs and the actual route in — not the "apply now" button, the door that opens.
Not confirmed on sale — the issuer still documents this card but we could not confirm it is open to new applications. Treat any application path with care.
Axis Bank publishes no income or age cutoffs for this card. Blank means blank — we don't invent numbers to fill a grid.
no MITC row researched for this card yet · filter the board by what you can get →
What's changed for this card
8 dated changes
Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to. Every one is dated here; the tracker carries each one's before → after and the write-up.
- 15 Nov 2026The Reserve's memberships stop renewing unless you say yesClub ITC Culinaire, Accorplus, handcrafted Club Marriott Asia Pacific, EazyDiner Prime and Priority Pass renewed automatically each year for as long as the card was open → From 15 Nov 2026 complimentary memberships linked to the card renew only with the cardholder's explicit consent — Axis says renewal and consent details will be shared closer to each renewal date. The same notice flips Priority Pass off at Indian domestic lounges from 28 Aug 2026 (present the Reserve card itself) and adds a ₹1,300 late-payment slab above ₹50,000 outstanding
The Reserve's whole defence of a ₹50,000 fee is the membership stack — Club ITC Culinaire with its free third night, Accorplus, handcrafted Club Marriott Asia Pacific, EazyDiner Prime, and the unlimited Priority Pass. Axis's own Reserve revision notice says that from 15 November none of them renew unless you actively consent. Framed as a choice, it works as breakage: the failure mode of an opt-in is silence, and a cardholder who misses the renewal email keeps paying ₹50,000 for a card whose benefits have quietly lapsed. Reserve is on the same list as Select, Magnus, Magnus for Burgundy, Burgundy Private, Olympus and both Miles & More cards, so this is the whole Axis premium book learning the same trick. Two other things ride the notice: from 28 August the Priority Pass card stops opening Indian domestic lounges — you present the Reserve itself against Axis's own eligible-lounge list, and post-immigration lounges at Indian international terminals still count as international — and a fifth late-payment slab of ₹1,300 appears above ₹50,000 outstanding. Notably, the Reserve notice carries no dynamic-currency-conversion line at all while the bank-wide grid goes 1.5% → 3.5%, and the card's 1.5% foreign transaction fee is untouched.
- 1 Nov 2026Privilege's movie buy-one-get-one becomes a spend gate
- 1 Nov 2026IndiGo Axis Premium's movie BOGO grows a ₹25,000 spend gate
- 1 Nov 2026The movie-BOGO spend gate reaches My Zone too — ₹25,000 in the previous 3 months
- 1 Nov 2026NEO's BookMyShow discount grows a ₹25,000 spend gate
- 1 Oct 2026SELECT's ₹3L milestone stops counting the spends it never rewarded
- 23 Sept 2026Axis EDGE brings Accor back, drops ITC, and adds Cathay, Miles & More and HiltonAccor and Marriott off the grid since 2 April 2026; Club ITC live; no Cathay, Miles & More or Hilton → Accor live at the punished rates; ITC removed; Cathay, Hilton and Miles & More live; Marriott still gone
Axis's own Travel EDGE terms, re-read 25 September 2026, already show the grid that went live on 23 September. Accor ALL is back, and not at the old Atlas 1:2: EDGE Miles convert at 2:1 (Olympus 1:2) and EDGE Rewards at 5:1, with Magnus for Burgundy at 5:2 and only Burgundy Private still at 5:4. Club ITC is off the table. Three partners are new. Cathay Asia Miles sits on that same punished grid. Hilton Honors is the ordinary one: EDGE Miles 1:2, EDGE Rewards 5:2, Burgundy 5:4. Lufthansa Miles & More is the exception on Atlas, which converts 1:1 there while every other standard airline on that card is 1:2; the EDGE Rewards side of Miles & More is the ordinary 5:2. Marriott stays removed. Qatar Privilege Club was already back. Flying Blue, Air India and Qantas moved into Group A, which is the capped group. The Axis Rewards credit card's Amex network is advertised as joining-fee and annual-fee nil for a limited period; there is no separate Amex variant on this board, so that offer is not modelled as a fee change.
- 1 Sept 2026Burgundy Private's lapse fee doubles to ₹1 lakh
Every Axis Bank change we've dated → 38 events since 2019, 25 of them nerfs — worst year 2026.
Verified against Axis Bank's own documents on
Not published , and we will not invent it: the earn rate and the currency it earns.
Every document behind this page — 4 of them, each with the day we read it
- official Axis Bank Key Fact Sheet, last updated 12 Aug 2026 — its "Secured Cards" table prices Secured Silver at Annual Fee INR 0, with no waiver arm
- official Axis master MITC — the 3.4% secured interest band that names Secured Silver as a product distinct from Secured Gold; its own fee table prices forty-five Axis cards and not this one
- official Travel EDGE Program eligible cards — a "Secured Silver Card PLUS POS Domestic" row, so this card's EDGE REWARD Points can be moved to an airline partner
- official Axis credit-card directory — 25 product URLs, and no Secured Silver among them