Axis Bank
For registered IKEA Family members: 3 points per ₹100 at IKEA and 2 on dining, worth ₹0.20 each, redeemable by SMS against an IKEA purchase. No annual fee.
Reward points
The T&C states directly, three separate times: "Value of 1 Edge Reward Point = INR 0.2." An instant SMS-based redemption exclusively for IKEA purchases (minimum ₹250) has applied since 30 June 2024, alongside standard EDGE catalogue/travel redemption. Points are forfeited 30 days after card closure, or if the Minimum Amount Due is outstanding for more than 90 days (effective 1 Oct 2025). Also includes a preferential 13% p.a. EMI conversion rate on IKEA purchases of ₹2,500+, requested within 60 days of the transaction, across 3/6/9/12/18/24-month tenors.
Taken from Axis Bank's own published terms. Last verified 30 August 2026
ICICI Bank
5% back on Amazon for Prime members and 3% without, paid into your Amazon Pay balance. Lifetime-free, but offered only to selected ICICI customers.
ICICI Bank
One lounge visit a quarter and 2 points per ₹100 on retail, at ₹500 a year waived above ₹1.5 lakh. Points buy catalogue goods, not statement credit.
ICICI Bank
A no-fee starter card earning 2 points per ₹100 on retail — the same catalogue points as Coral, without the lounge, cinema or milestone benefits.
