Axis Bank Shriram
KeepA credit card for truckers, with their photograph printed on it.
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 →
3 notes on the card itself: how it is issued · the network variants · why it ranks #935
Why #935 "The first credit card exclusively for transport operators" — Axis and Shriram Transport Finance built a working-capital card for truckers, with a photo on the front and ₹3 lakh of personal accident cover. Carried, not priced: it paid PlusPoints, a currency this desk does not model and Axis never valued.
The take
This is the most unusual card in Axis's archive and it was not built for anyone this site normally writes for. Axis's own description: "The first credit card exclusively for transport operators", issued with Shriram Transport Finance Company, "exclusively for the customers of STFCL having a good track record". The purpose was blunt and stated outright — it existed to meet "day-to-day working capital requirements" of a transport operator, who could use it to "withdraw cash from the ATM, buy fuel, tyres, oil, and batteries" anywhere on the Visa network. Tyres, oil and batteries is not a category list any other Indian card has ever printed. The card carried the holder's photograph, ₹3,00,000 of personal accident cover conditional on the card having been used at a merchant or an ATM in the preceding ninety days, ₹15,000 of lost-card liability, a ₹15,000 credit shield, and free mobile alerts. It paid one reward point per ₹100 flat. Fuel was surcharge-waived at select HPCL pumps and charged 2.5% or ₹10 elsewhere, and no foreign-currency fee is listed at all — the schedule simply says "NA", which fits a card sold to people who drive trucks between Indian states rather than fly. It cost ₹500 to join, stated inclusive of taxes, and ₹300 a year, with no waiver threshold published. What cannot be priced is the reward: this was a PlusPoints card, PlusPoints was Axis's loyalty programme two generations ago, this desk does not model it, and the only rupee figure Axis ever attached to a PlusPoint on this card was the ₹30 it charged to redeem one.
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
- Axis's own claim: the first credit card in India issued exclusively to transport operators
- Built for working capital — fuel, tyres, oil and batteries, plus ATM cash
- Carried the cardholder's photograph on the card face
- ₹3,00,000 of personal accident cover
- ₹15,000 of lost-card liability and a ₹15,000 credit shield
- Fuel surcharge waived at select HPCL pumps
- A flat accrual on every spend, with no category exclusions published
Watch out
- Long withdrawn — the card left with Axis's pre-eDGE shelf and no Axis fee schedule since names it
- Gated twice over: you had to be a transport operator AND an STFCL customer "having a good track record"
- It paid PlusPoints, a programme Axis has replaced twice, and no rupee value for a PlusPoint was ever published
- ₹500 to join ON TOP of ₹300 a year, with no waiver threshold published anywhere
- The joining fee cost more than the year did
- The ₹3 lakh accident cover only applied if the card had been used at a merchant or ATM in the preceding 90 days
- Every redemption request cost ₹30
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.
Closed to new applications — existing cardholders keep the card; there is no way in.
You cannot. The Shriram co-brand belonged to Axis's pre-eDGE card shelf and disappeared with it; no Axis fee schedule or MITC published since names it, and it had two gates while it lived — transport operator, and an STFCL customer in good standing. Shriram Transport Finance itself has since merged into Shriram Finance.
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 — 3 of them, each with the day we read it
- official Axis's own Shriram card features page (archived 17-Aug-2012) — the transport-operator gate, the working-capital purpose, the ₹3 lakh accident cover and the flat one-point-per-₹100 accrual
- official Axis's own Shriram fee schedule (archived 15-Aug-2012) — a ₹500 joining fee inclusive of taxes, a ₹300 annual fee, the HPCL fuel waiver and the ₹30 PlusPoint redemption fee
- official Axis Bank's own credit-card shelf today, every variant listed with its joining and annual fee — and this card is not on it