Are there any charges for cash withdrawals using Axis Bank Atlas Credit Card?

Credit Cards Axis
1

If I withdrawal any cash what are the fees associated with getting cash from an ATM with this card?

2

Yes, there is a cash withdrawal fee for Axis Bank Atlas Credit Cards. The fee is 2.5% of the amount withdrawn, or a minimum of ₹500, whichever is higher. The fee is added to the cardholder’s bill in the following statement.

3

Yes, you can withdraw cash using your Axis Bank Atlas Credit Card, but it comes with hefty charges (like most credit cards):

  • Cash Advance Fee – 2.5% of the withdrawn amount (minimum ₹500).
  • Finance Charges (Interest) – Around 3.6% per month (42.4% annually), charged from the date of withdrawal (no interest-free period on cash).
  • ATM charges – If you use a non-Axis ATM abroad, the local ATM operator may also add their own fee.

Suppose you withdraw ₹10,000, you’ll instantly pay ₹500 (cash advance fee), and interest starts ticking from Day 1 until you clear the full amount.

So, short answer Yes it is Possible, but avoid cash withdrawals unless it’s a real emergency, as it’s one of the costliest ways to use a credit card.