If you hold this card: You keep the card and its IKEA earn, IKEA Family perks and low-cost EMI — it is lifetime-free, so there is nothing to renew or cancel. Only new applications have stopped.
Axis has withdrawn the IKEA Family card from its line-up: the product page no longer exists (its URL now redirects to the generic Axis credit-card hub), and the card appears neither among the 48 cards on Axis’s credit-card line-up page nor anywhere in the bank’s 1,700-URL English sitemap. That absence is meaningful because Axis keeps pages up for cards it has merely closed to new applicants — Aura, Magnus and the Vistara cards are all still listed. Axis made no announcement and named no successor.
In-depth review
IKEA Family Axis Bank Credit Card
Withdrawn: Axis has removed the IKEA Family card from its line-up — the product page is gone and there is no way to apply, so this is now a guide for existing holders. It was a lifetime-free IKEA co-brand earning Axis EDGE Reward Points — 3 per ₹100 at IKEA, 2 per ₹100 on dining, 1 per ₹100 elsewhere — plus IKEA Family perks and low-cost EMI. The earn was always modest (EDGE points are worth ₹0.20), but with no fee it was all upside for a regular IKEA shopper.
Read the full review →Key features
What this card is built to do — the highlights that actually matter.
3 points/₹100 on Online Shopping (~0.6% value)
3 EDGE Reward Points per ₹100 spent with IKEA
0.4% on Dining
2 EDGE Reward Points per ₹100 on dining
Lifetime Free
No annual fee — ever. Keep this card long-term without any recurring cost.
Existing holders who shop at IKEA and value a zero-cost card for furniture and home runs. New applicants cannot get it — Axis has removed it from the line-up.
Full reward structure
What you earn on every rupee, per spend category — as of 24 Oct 2026. Rates assume 1 pt = ₹0.20. How we value points →
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Online Shoppingonly at IKEA (in-store and IKEA India online) | reward points | 0.6%3 pts/₹100 × ₹0.20 | — |
| Dining | reward points | 0.4%2 pts/₹100 × ₹0.20 | — |
| Other | reward points | 0.2%1 pts/₹100 × ₹0.20 | — |
Online Shopping: 3 EDGE Reward Points per ₹100 spent with IKEA · IKEA (in-store and IKEA India online)
Dining: 2 EDGE Reward Points per ₹100 on dining
Other: 1 EDGE Reward Point per ₹100 on all other eligible spends
Earns nothing on: Rent · Fuel · Utility Bills · Insurance · Wallet Loads · Transportation / tolls · Education · Government & Tax
These spends earn no rewards at all — not a reduced rate, and not the base rate. They are also normally left out of any milestone or fee-waiver calculation.
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying. Fees below are shown inclusive of 18% GST, as of 24 Oct 2026.
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | Lifetime free |
| Joining fee (incl. 18% GST) | Free |
| Finance charge (APR) | 3.75% p.m. |
| Forex markup | 3.5% |
Should you get it?
- Best for: Existing holders who shop regularly at IKEA, Holders using low-cost EMI on IKEA furniture purchases
- Entry tier — great for first-time and lower-spend users.
- Strongest value if you spend heavily on Dining (0.4% back; 0.6% only at IKEA (in-store and IKEA India online)).
Pros & cons
✓ Pros
- Lifetime free — no joining or annual fee
- 3 EDGE points per ₹100 at IKEA, 2 per ₹100 on dining
- IKEA Family membership benefits and low-cost EMI on IKEA purchases of ₹2,500+
- 1% fuel surcharge waiver on ₹400–₹5,000 transactions
✕ Cons
- Withdrawn by Axis — the product page is gone and there is no way to apply
- EDGE points are worth only ₹0.20 — even the IKEA rate is ~0.6% in reward value
- Off-IKEA earn is a token 1 point per ₹100
- No airport lounge access
Eligibility & documents
Documents required
- 📄PAN card
- 📄Aadhaar / valid address proof
- 📄Latest 3 months bank statement
- 📄Income proof — salary slips (salaried) or ITR (self-employed)
- 📄Recent passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Axis EDGE Rewards catalogue: vouchers, merchandise and statement credit (₹0.20/point)
- 🎁IKEA purchases via the EDGE Rewards catalogue (variable)
What your Axis EDGE Reward Points are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Standard EDGE Reward Points
Gift-voucher catalogue
Flights & hotels
Withdrawn from the Axis line-up — the product page is gone and there is no way to apply. Even for holders the earn is thin, with EDGE points at ₹0.20 making the headline IKEA rate about 0.6%.
Frequently asked questions
Can you still apply for the IKEA Family Axis Bank card?
What does the IKEA Family card earn?
What is an EDGE Reward Point worth?
Is the IKEA Family card lifetime free?
Does it have lounge access?
What IKEA benefits does it include?
How has the IKEA Family Axis Bank Credit Card changed over time?
Has the IKEA Family Axis Bank Credit Card been devalued recently?
When did the IKEA Family Axis Bank Credit Card's fees last change?
How did the IKEA Family Axis Bank Credit Card change in 2024?
The bottom line
The IKEA Family card was easy to justify precisely because it was free — no fee to earn back, so even a modest 3 points per ₹100 at IKEA (about 0.6% in EDGE value), plus the IKEA Family EMI and membership perks, were all upside for a regular IKEA shopper. It was never a serious earner: EDGE points are worth ₹0.20, the off-IKEA rate is a token 1 point per ₹100, and there is no lounge access. That is now settled anyway — Axis has withdrawn the card and there is no application route. Existing holders can keep using it; anyone shopping today should pair a real everyday card such as the [Axis ACE](/cards/axis-ace) or [Axis Neo](/cards/axis-neo) with IKEA's own free IKEA Family membership.
How this page was built
Counted from this card’s own record: 3 earn rules, 1 paid only at named merchants and the spends listed as earning nothing.
Last updated 24 Oct 2026.
Sources & verification
Fees, reward rates, and benefits for the IKEA Family Axis Bank Credit Card are taken from Axis Bank's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page. Last updated 24 Oct 2026. Reviewed by Devchandra Sah. Always confirm current details on the issuer's site before applying. How we research →
Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for Axis Bank. All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.
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Guides and reviews related to this card.
Value timeline
Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.
Tracking since 2020 · last change 2025
2025
- ◆ EligibilityEffective 2025
Axis pauses new applications for the card
IKEA's own customer-service page now states new IKEA Family Axis Bank Credit Card applications are stopped, redirecting prospective applicants to check back later; existing cardholders are unaffected. Wayback snapshots show the page still offered a live digital application in April 2024 (pre-migration) but read "application is stopped" by September 2025 — so the pause began sometime in that post-migration window; the exact date could not be pinned down.
Verification: CardAdvisor Research · Confidence: Reconstructed
2024
- ▼ FeeEffective 20 Dec 2024
Bank-wide December-2024 charges revision
A portfolio-wide Axis repricing standardised the finance charge to 3.75%/month (the Key Fact Sheet prints the IKEA Family card at 55.55% p.a.), raised the Dynamic Currency Conversion markup from 1% to 1.5%, took the branch cash-payment fee from ₹100 to ₹175, removed the ₹1,500 cap on the 1% rent surcharge, and added 1% fees on wallet loads above ₹10,000, fuel above ₹50,000 and utilities above ₹25,000 per statement cycle. The EDGE fees introduced in the same revision do NOT apply here: Axis exempted the IKEA Family Credit Card from both the ₹99 EDGE Rewards redemption fee and the ₹199 points/miles-to-partner conversion fee, alongside Burgundy Private, Olympus, Primus, Rewards, Cashback, Horizon and IndianOil Premium. ⚠ That exemption is reported consistently by Business Today and Live From A Lounge but could not be confirmed in an Axis-published document — Axis's own EDGE redemption-fee policy PDF now 404s on both axisbank.com and axis.bank.in, and the sole Wayback capture redirects to an error page.
Verification: Axis Bank ↗ · Confidence: High
- ◆ NetworkEffective 15 Jul 2024
Card network switched from Mastercard to VISA
Mastercard→VISA
The original Citi-era card ran on Mastercard; as Axis folded it into its standard EDGE-program card family at migration, it moved onto the VISA network, matching the rest of the Axis EDGE lineup.
Verification: CardAdvisor Research · Confidence: Reconstructed
- ◆ BenefitEffective 15 Jul 2024
Migrated from Citi to Axis Bank
Axis Bank completed its acquisition of Citibank India's consumer business and folded the IKEA Family Credit Card by Citi into the Axis EDGE Rewards program. Existing Citi Reward Points converted 1:1 into EDGE Reward Points; card number, PIN and CVV stayed the same through cutover.
Verification: Axis Bank ↗ · Confidence: High
2020
- ◆ LaunchEffective 13 Oct 2020
IKEA Family Credit Card by Citi launches in India
IKEA partnered with Citibank India and Mastercard to launch its first co-branded card in India — lifetime-free for IKEA Family members, with reward points and EMI on IKEA purchases. This is the product that later became the IKEA Family Axis Bank Credit Card.
Verification: CardAdvisor Research · Confidence: High
Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.
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Source: <a href="https://cardadvisor.in/cards/axis-ikea#value-timeline">IKEA Family Axis Bank Credit Card value timeline</a>, CardAdvisor (CC BY 4.0).