Scapia Axis Bank Credit Card: Zero Fee Travel Card
Why in the news
Axis Bank teamed up with the travel fintech Scapia to bring out a co-branded credit card for younger, travel-minded users.
Key facts
- Product: the Scapia Axis Bank Credit Card, a co-branded card.
- Networks: Mastercard and RuPay.
- Charges: nothing for joining or yearly renewal, and no forex mark-up.
- Perks: travel rewards and benefits that are used through the Scapia app.
- Target group: digitally native and travel-focused consumers.
Significance
- A fee-free card with no foreign-exchange mark-up suits frequent overseas travellers.
- RuPay availability widens options beyond international card networks.
Exam angle
- Partners: Axis Bank and Scapia.
- Related terms: co-branded card, forex mark-up, joining fee, annual fee.
- Networks offered: Mastercard and RuPay.