Axis Bank Insta Easy Card: A Great Secured Credit Card, Especially for Travellers

Axis Bank Insta Easy Card: A Great Secured Credit Card, Especially for Travellers

Best Credit Card Against Fixed Deposit for Travel Rewards

Good for

  • Students
  • Low income individuals
  • Frequent domestic travellers
  • Consumers looking to avoid fees
  • Consumers who cannot qualify for other cards

Bad for

  • Consumers looking for high rewards rates
  • High spenders

Editor's Rating

4.0/5.0

The Axis Bank Insta Easy Credit Card is the best secured travel card on the market. Also known as a card against fixed deposit, secured cards can be useful for consumers who do not have good or any credit history and do not qualify for many other cards due to stringent eligibility requirements. The Axis Bank Insta Easy Card earns the highest rate among secured cards, of 1.2% (6 points per Rs. 200 spent; 1 point = Rs. 0.40 Yatra vouchers) on domestic spends and 2.4% (12 points per Rs. 200) on international spends, making it a very attractive card for travellers looking for a card against fixed deposit. Therefore, this is a great option for consumers seeking a card against fixed deposit to use on international spending.

ProsCons
  • 1.2% domestic rewards rate
  • 2.4% international spending rewards rate
  • No fees
  • No travel perks to match the international spending rate
  • No large promotions
Promotions:
  • Sign-Up Bonus: 100 points (Rs. 40 in Yatra vouchers) on first online transaction
Card Overview
Pros:
  • 1.2% domestic rewards rate
  • 2.4% international spending rewards rate
  • No fees
Cons:
  • No travel perks to match the international spending rate
  • No large promotions
Promotions:
  • Sign-Up Bonus: 100 points (Rs. 40 in Yatra vouchers) on first online transaction

What Makes Axis Bank Insta Easy Card Stand Out?

The Axis Bank Insta Easy Credit Card is the best travel card against fixed deposit offered on the market. The card also has a minimum fixed deposit requirement of Rs. 20,000. There are two rates that the Insta Easy Card earns for cardholders—a domestic spending rate (1.2%; 6 points per Rs. 200 spent; 1 point = Rs. 0.40) and an international spending rate (2.4%; 12 points per Rs. 200). Additionally, the card offers a small sign-up bonus for cardholders in the form of points. Further, the card offers up to 15% off on partnered restaurants in India through the Dining Delights Programme. Therefore, this card will prove to be useful for consumers looking for a secured travel card.

How Does the Axis Bank Insta Easy Rewards Programme Work?

The rewards programme for the Axis Bank Insta Easy Card is points-based with rates that change depending on the location the card is used. For example, the card earns 6 points per Rs. 200 spent on domestic spends and 12 points per Rs. 200 on international spends. The points are redeemed at a redemption rate of 1 point = Rs. 0.40 when redeemed in Yatra vouchers. EDGE points expire after 3 years of accrual.

  • 6 points per Rs. 200 spent on domestic spends
  • 12 points per Rs. 200 on international spends
  • 1 point = Rs. 0.40 when redeemed in Yatra vouchers
  • eDGE points expire after 3 years of accrual

Axis Bank Insta Easy Credit Card's Features and Benefits:

Card Overview
  • Minimum Deposit: Rs. 20,000
  • Income Requirement: None listed by issuer
  • Age Requirement: None listed by issuer
Rewards Rate Details
  • 1.2% spent on domestic spends
  • 2.4% on international spends
Benefits & Perks
  • 15% off at partnered restaurants in India
Promotions:
  • Sign-Up Bonus: 100 points (Rs. 40 in Yatra vouchers) on first online transaction

How Does the Axis Bank Insta Easy Credit Card Compare Against Other Cards?

The Axis Bank Insta Easy Card is the best option for consumers looking for a card against fixed deposit that can be used to spend internationally.

Read our comparisons of the Axis Bank Insta Easy Credit Card:

Axis Bank Insta Easy Card vs. BOB Financial Prime Card Card

Consider this if you are interested in a secured credit card with the lowest minimum fixed deposit

Age Requirement None listed by issuer
Annual Income Requirement None listed by issuer

Similar to the Insta Easy Card BOB Financial Prime Card is another option for consumers seeking a card against fixed deposit. The Prime Card earns a decent 1% rewards rate (4 points per Rs. 100 spent, 4 points = Rs. 1) on general spending, though it is lower than the 1.2% and 2.4% rates offered by the Insta Easy Card. Further, the Insta Easy Card offers a decent signing bonus for cardholders to receive additional points, while the BOB Financial Prime Card does not offer any promotions. On the other hand, the Prime card requires a lower minimum deposit (Rs. 15,000) than the Insta Easy Card (Rs. 20,000), making it slightly more accessible to consumers on a tight budget. In all, the Prime Card is a more attainable card against fixed deposit due to the lower minimum fixed deposit requirement, but is not as competitive in rewards rates, when compared to the Insta Easy Card.

Axis Bank Insta Easy Card vs. Axis Bank Pride Signature Card

Consider this if you are interested in a low annual fee waiver card with travel benefits

Age Requirement 18-70
Annual Income Requirement None listed by issuer

The Axis Bank Pride Signature Card is a great credit card for those looking for a "no-fee" card with travel benefits; however, it is only no fee once the spending threshold is crossed. This differs from the Insta Easy Card, which is a secured card that has less stringent requirements and a minimum fixed deposit. There is no joining fee for the Pride Card; however, it does incur an easily waivable annual fee (waived with annual spends of Rs. 40,000). Furthermore, The card earns a solid 1.6% rewards rate on all spending categories (8 point per Rs. 200 spent; 1 point = Rs. 0.40 Yatra vouchers), which is higher than both 1.2% domestic rate but lower than the 2.4% international spending rate earned by the Insta Easy Card.

Additionally, the Pride Card offers 2 quarterly domestic airport lounge visits across 5 major cities, which is better than the small sign-up bonus offered by the Insta Easy Card. Therefore, we recommend the Pride Card for those who want a general spending card; however, we recommend the Insta Easy Card for consumers who are interested in international spending, but do not qualify for the Pride Card.

Axis Bank Insta Easy Card vs. Indusind Bank Pioneer Legacy Card

Consider this if you are interested in the best no-fee card on the market

Age Requirement None listed by issuer
Annual Income Requirement None listed by issuer

Among no-fee cards in India, the Indusind Bank Pioneer Legacy Card offers the most competitive rewards. The card works very differently than the Insta Easy Card because it is not a card against fixed deposit and has stricter eligibility requirements. The Pioneer Legacy Card offers a 1% rewards rate (1 point per Rs. 100) on weekday spending and 2% on weekends. Unlike the Insta Easy Card's sign-up bonus, the Indusind Pioneer offers a solid promotion for high spenders that pass a certain spending threshold. As a result, we recommend the Pioneer Legacy Card for consumers interested in a great no-fee option for weekend spending, whereas we recommend the Insta Easy Card for those interested in a card to use on international spending or a card against fixed deposit with limited income and credit requirements.