Axis Asap Bank Account Review

Axis asap bank account review #axisasap This account is quite similar to the Kotak 811 account. It can be opened through the Axis Bank website, using your Aadhar and PAN numbers, without having to submit any physical documents. It comes with a virtual debit card which enables you to shop online. No minimum balance is required for this account. There is no special interest rate on this account. You will thus earn the standard Axis Bank interest rate of 3.5% on balances below Rs 50 lakh and 4% on balances above this value. The account has an auto-sweep fixed deposit facility for balances above Rs 10,000. Auto-sweep means that money in excess of this amount is moved automatically into an FD to earn higher interest. The account participates in the Axis Edge Points Loyalty programme. It also comes with some introductory shopping discounts. You can get up to a 20% on your first Bigbasket purchase (up to Rs 250 maximum) once you open this account. You can get Rs 150 off on movie tickets through Bookmyshow. You can only avail this discount on one purchase and the purchase amount must be above Rs 500.