Creditkeeda
Axis Bank has announced a revision to the benefits offered on its BURGUNDY Debit Card, with the changes taking effect from 1 September 2026. The update introduces spend-based eligibility for lounge access and BookMyShow offers, discontinues the EDGE Rewards programme, and revises the insurance and DCC terms.
Key Changes
EDGE Rewards discontinued: Customers will no longer earn EDGE Reward Points on Burgundy Debit Card transactions. Existing reward points can continue to be redeemed as per the bank's redemption policy.
Lounge access: Complimentary airport lounge access will require ₹10,000 in eligible debit card spends over the previous three calendar months.
BookMyShow offer: The movie and entertainment benefit will also be linked to the same ₹10,000 spend requirement.
DCC markup: The Dynamic Currency Conversion (DCC) markup has been revised to 3.5% + GST.
Insurance eligibility: Customers must complete at least one eligible debit card transaction within 30 days before an insurance event to remain eligible for complimentary insurance benefits.
Bottom Line
The discontinuation of EDGE Rewards is the most significant change in this revision. The Burgundy Debit Card was a popular choice among many customers for earning rewards on everyday transactions, including credit card bill payments. With reward earning now coming to an end and several benefits becoming spend-linked, the overall value proposition of the card has been reduced.
Source : https://www.axis.bank.in/docs/default-source/default-document-library/terms-and-conditions-for-burgundy-debit-card.pdf