Axis Bank Credit Card Cash Withdrawal – Charges, Limit & How It Works

Axis Bank offers a cash withdrawal (cash advance) facility that allows cardholders to withdraw cash using their credit card during emergencies.

This feature is useful when you need instant cash, but it comes with high charges and interest, so it should be used carefully.

What is Credit Card Cash Advance?

Cash advance means withdrawing cash from an ATM using your credit card instead of a debit card.

• You can withdraw cash anytime
• No approval is required
• Available on most Axis Bank credit cards
• Limited to a certain cash limit

Axis Bank Credit Card Cash Advance Fee

Axis Bank charges a fee every time you withdraw cash:

• 2.5% of withdrawal amount
• Minimum ₹250 (whichever is higher)

Example:

• Withdraw ₹1,000 → Fee = ₹250
• Withdraw ₹15,000 → Fee = ₹375

This fee is added to your next credit card bill.

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Interest on Cash Withdrawal

Cash withdrawal also attracts interest from day one (no grace period).

• Interest rate: 2.5% to 3.35% per month
• Annual rate: Around 41% to 46%

Interest keeps increasing until you repay the full amount.

Axis Bank Credit Card Cash Withdrawal Limit

• Cash limit is a part of your total credit limit
• It varies based on your card type
• Some cards may have zero cash limit for the first 180 days

You can check your limit in your card details or statement.

How to Withdraw Cash Using Axis Bank Credit Card

You can withdraw cash from any ATM by following these steps:

• Insert your credit card into the ATM
• Select language
• Choose Cash Withdrawal option
• Enter the amount
• Enter your credit card PIN
• Collect cash

Other Charges on Cash Withdrawal

Here are some additional charges you should know:

• Finance Charges: 41% to 46% annually
• Over-limit Fee: 3% (minimum ₹500)
• Late Payment Fee: Up to ₹1,200
• Foreign Transaction Fee: 3.5%
• Cash Payment Fee: ₹100 per payment

Benefits of Cash Withdrawal

• Instant cash in emergencies
• No approval needed
• Simple process
• Can withdraw in India and abroad

Drawbacks of Cash Withdrawal

• No reward points
• High interest rates
• Charges on every withdrawal
• No interest-free period
• Can increase debt quickly

Important Tips

• Use cash advance only in emergencies
• Repay the amount as soon as possible
• Avoid frequent withdrawals to reduce charges

Conclusion

Axis Bank credit card cash withdrawal is helpful in emergencies but comes with high fees and interest. It is best to use this facility wisely and repay quickly to avoid extra charges.

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