IKEA Family Credit Card by Axis Bank
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Joining Fee
Renewal Fee
Best Suited For
Reward Type
|
Welcome Benefits
Movie & Dining
15% Discount on Dining
Rewards Rate
3 EDGE Reward Points/₹100 for Spends With IKEA. 2 EDGE Reward Points/₹100 Spent on Dining.
Reward Redemption
Exclusive SMS-Based Redemption on IKEA Purchases
Travel
N/A
Domestic Lounge Access
N/A
International Lounge Access
N/A
Golf
N/A
Insurance Benefits
N/A
Spend-Based Waiver
N/A
Rewards Redemption Fee
N/A
Foreign Currency Markup
3.5%
Interest Rates
3.6% Monthly (52.86% Annually)
Fuel Surcharge
1% Fuel Surcharge Waiver on Transactions Between ₹400 to ₹5,000
Cash Advance Charges
2.5% (Minimum ₹500)
- This is a lifetime free credit card most suited for those who like to shop at IKEA India.
- 3 EDGE Reward Points/₹100 spent on IKEA purchases.
Pros
As a lifetime free card, this option is perfect for those who don’t frequently visit IKEA but do go occasionally.
Cons
This card primarily benefits IKEA purchases, but it does not offer other perks, such as dining or movies.
EDGE Reward Points
- Earn 3 EDGE Reward Points/₹100 on spends made with IKEA India.
- Earn 2 EDGE Reward Points/₹100 spent on dining.
- 1 EDGE Reward Point/₹100 on all other eligible spends.
- 1 EDGE Reward Point = ₹0.20
The following categories are not eligible for EDGE Reward Point earning with the IKEA Family credit card: transportation and tolls, Utilities, Insurance, Educational Institutions, Government Institutions, Wallet, Rent, and Fuel.
Dining Discounts With EazyDiner
IKEA Family Credit Card by Axis Bank cardholders can receive up to 15% off up to ₹500 through the Dining Delights program. The Minimum Order Value is ₹2500. This offer is valid once per card per month.
Preferential Rate for EMI Conversions on IKEA Purchases
Spends made at IKEA stores using the IKEA Family Credit Card by Axis Bank are eligible for EMI conversion at a preferential interest rate of 13% p.a. within 60 days of the original transaction. The minimum transaction amount is ₹2,500.
| Tenure | Rate of EMI Conversions (Per Annum) |
| 3 | 13% |
| 6 | 13% |
| 9 | 13% |
| 12 | 13% |
| 18 | 13% |
| 24 | 13% |
IKEA Family Credit Card Review
The IKEA Family Credit Card is a great option for IKEA shoppers. It has no annual fees, making it a budget-friendly choice. When you make purchases at IKEA, you earn points that can lead to discounted future shopping. Additionally, the card offers a nice discount at select restaurants for those who enjoy dining out.
However, it’s primarily beneficial for buying furniture and home items at IKEA. If you’re seeking a card with travel perks or benefits for a wide range of purchases, this may not be the most suitable choice. Nevertheless, for IKEA enthusiasts, it’s an excellent option!
FAQs:
Is this IKEA Family Credit Card a lifetime free card by Axis Bank?
How many points shall I earn with the IKEA Credit Card?