The Axis Bank Infinity Savings Account is a no-frills savings account with no minimum balance requirement, free domestic banking transactions, and 1% cashback on online spending. Learn more today!
Introduction
The Axis Bank Infinity Savings Account is a high-reward, no-frills savings account that offers a host of benefits to its customers. With no minimum balance requirement, free domestic banking transactions, and 1% cashback on online spending, the Axis Bank Infinity Savings Account is a great option for those who are looking for a simple and easy-to-use savings account with a few extra perks.
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IndusInd Bank Account
Unlock exciting offers in just 4 steps by opening an Axis Bank Infinity Savings Account.
- No charges on any Domestic Banking Transactions
- Zero Balance Account. Sign up at just ₹150 per month or ₹1,650 per year
- No charges on Debit Card issuance or renewal, Cheque Book, and DD
- No charges on IMPS, NEFT, RTGS, Cash Deposits or withdrawals above limits
- Unlimited ATM withdrawals
- Guaranteed 10% cashback* every time you shop on Flipkart via Grab Deals
- Upon completing your first Debit Card transaction using the Online Rewards Card within 30 days of account opening, you will receive a ₹500 shopping voucher redeemable via Grab Deals. This voucher allows you to shop across 150+ brands.
- You can avail of a complimentary ticket on BookMyShow every month when you book through the E-Debit Card
- Get flat 1% cashback on all online spending through E-Debit Card
- Milestone Benefits: Get 2000 EDGE REWARD points on annual spends of ₹1,00,000 through E-Debit Card
- With the Physical Online Rewards Card, you’ll receive comprehensive insurance benefits, including Personal Accident Cover of ₹5,00,000, Air Accident Cover of ₹1 Crore, Purchase Protection Cover of ₹50,000, Loss of Baggage/Delayed Baggage Cover of up to 500 USD
- Accelerated eDGE Reward points on Physical Online Rewards Card: Earn higher eDGE Reward points for transactions online and offline: 10X (Travel booking), 5X (Electronic purchase), 3X (Online food delivery), 2X (Clothing stores)
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Axis Bank Digital Savings Account
Features and Benefits
Some of the key features and benefits of the Axis Bank Infinity Savings Account include:
- No minimum balance requirement: There is no minimum balance requirement to maintain your Axis Bank Savings Account. This means that you can keep your money in your account without having to worry about incurring any penalties for low balances.
- Free domestic banking transactions: You can enjoy free domestic banking transactions with your Axis Bank Infinity Savings Account. This includes free cash withdrawals at Axis Bank ATMs, free NEFT and RTGS transfers, and free online banking transactions.
- 1% cashback on online spends: You will earn 1% cashback on all your online spends made using your Axis Bank Infinity Savings Account debit card. This is a great way to save money on your everyday purchases.
- Flat 10% cashback on Flipkart and Amazon via GRAB DEALS: You can also earn a flat 10% cashback on your purchases from Flipkart and Amazon when you use your Axis Bank Infinity Savings Account debit card.
- Instant virtual debit card: You will get an instant virtual debit card with your Axis Bank Infinity Savings Account. This means that you can start using your card right away, even before you receive your physical debit card in the mail.
- Access to Axis Bank’s digital banking platform: You will have access to Axis Bank’s digital banking platform with your Axis Bank Infinity Savings Account. This platform allows you to manage your account online, including checking your balance, transferring funds, and paying bills.
KEY POINTS
Initial Funding –
₹ 5,000Average Balance Requirement:
NILDebit Card Joining Fees –
NILPlan Charges
₹ 150/month (6 months minimum)Annual
₹ 1650/year
How to Open an Axis Bank Infinity Savings Account
To open an Axis Bank Infinity Savings Account, you will need to meet the following eligibility criteria:
- You must be a resident of India.
- You must have a valid PAN card.
- You must have a valid Aadhaar card.
The Axis Bank Infinity Savings Account application process is simple and easy.
Process of Axis Bank Infinity Savings Account Opening Online
- Go to the Axis Bank website and click on the Open an Account link.
- Select the type of account Infinity you want to open.
- Enter your personal details, including your name, address, and contact information.
- Enter Your KYC documents (Aadhaar card, PAN card, and address proof).
- Click on the “Submit” button.
- Click on Video KYC and Do KYC with Axis Bank Agent
- Account Successfully Open
Axis Bank Infinity Savings Account Opening Process
Read Also:
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- IndusInd Bank Zero Balance Account Opening Online | Indusind Bank Account Opening Online 2023 Full Process
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FAQs
What is the interest rate on the Axis Bank Infinity Savings Account?
The interest rate on the Axis Bank Infinity Savings Account is currently 3.50% per annum.
What are the charges associated with the Axis Bank Infinity Savings Account?
There are no charges associated with the Axis Bank Infinity Savings Account. However, there are some charges that may apply for certain transactions, such as ATM withdrawals and international transactions.
How do I close my Axis Bank Infinity Savings Account?
To close your Axis Bank Infinity Savings Account, you can simply log in to your online banking account and follow the instructions. You can also call the Axis Bank customer care helpline and request to close your account.
Conclusion
The Axis Bank Infinity Savings Account is an excellent option for those looking for a simple, easy-to-use savings account with a few extra perks. With no minimum balance requirement, free domestic banking transactions, and 1% cashback on online spending, the Axis Bank Infinity Savings Account is a great way to save money and earn rewards.
If you are looking for a high-reward savings account with no frills, then the Axis Bank Infinity Savings Account is a great choice. With its many benefits, the Axis Bank Infinity Savings Account is a great way to manage your finances and reach your financial goals.
To learn more about the Axis Bank Infinity Savings Account, please visit the Axis Bank website or call the Axis Bank customer care helpline.
I hope this article has been helpful. If you have any further questions, please feel free to contact me.