Axis Bank Launches Corporate Credit Cards for Startups with Special Benefits for Founders

Axis Bank has introduced a new Corporate Credit Card Suite specifically for startups under its New Economy Group (NEG). These cards aim to help entrepreneurs manage travel, official expenses, and vendor payments more efficiently.

The suite includes two types of cards: an Executive Corporate Credit Card for startup founders and a Purchase Reward Credit Card for simplifying expense management.

For founders, the Executive Corporate Credit Card offers personalized benefits like higher credit limits, complimentary golf rounds, a 2% foreign exchange markup on international transactions, and exclusive insurance. The Purchase Reward Credit Card provides rewards, flexible credit limits, and automated tools for tracking expenses, with zero joining or annual fees.

Axis Bank’s New Economy Group currently works with 67% of India’s unicorns and over 40% of Series A and above funded startups.

Additionally, Axis Bank has partnered with the Tech Entrepreneurs Association of Mumbai (TEAM) to strengthen the support system for startups in the city. This partnership aims to help Mumbai’s startup ecosystem grow by offering better resources and overcoming business challenges.