Secured Credit Card of Axis bank is introduced against security in the form of deposit amount by card users. There are many benefits of this cards like lower finance Charges (0.99% per month to 1.49% per month), Income Document requirement waived off, flexibility of changing credit limit and interest on deposit money.

Some of the terms and conditions and benefits of Secure Credit cards are:

• Rewards and points: get reward of every Rs 100 purchase and enjoy with several gift vouchers.
• Air line Travel benefits: Delay in Receipt of checked Baggage up to 10 thousand, loss of Baggage up to 60 thousands and loss of travel document or passport is 25 thousands.
• Insurance: Rs. 20 lakhs on air accident, Rs. 5 lakhs on personal accident, Rs. 40,000 for purchase protection and Credit Shield Rs 40,000.
• 2.95% per month on purchase interest rate
• Balance transfers: Intro interest rate 0.75% per month, intro period is 6 months and interest rate is 1.49%
• Joining Fee: Rs. 1000.
• Annual Fee: Rs. 500
• Cash advance transaction fee is 2.5%
• Free Credit Period is up to 50 days
• Insurance: 20 lakhs on air accident, 5 lakhs on personal accident, 40 thousands on purchase protection, credit shield 40,000.