Economy, Banking and Finance · 5 September 2026
Axis Bank and Scapia Launch Travellers Focused ‘Scapia Axis Bank Credit Card’
Exam-focused facts from the 5 September 2026 current affairs briefing.
Key facts
- Axis Bank and travel fintech Scapia launched the co-branded 'Scapia Axis Bank Credit Card' on September 4, 2026.
- The card offers zero foreign exchange markup, airport privileges, and rewards on travel and everyday spending with no joining or annual fee.
- The card is available on Mastercard and RuPay networks.
- Cardholders can earn up to 20% rewards on eligible travel bookings and up to 10% on other eligible spends through the Scapia app.
- Rewards are earned as Scapia Coins and can be redeemed for flights, hotel stays, visas, experiences, and shopping.
- Onboarding for the card began on September 3, 2026.
- The card is managed entirely through the Scapia app, which also enables trip discovery, planning, and booking.
- The card includes a Smart Forex feature for overseas transactions, along with airport lounge, dining, and retail privileges.
- This is Scapia's third banking partnership, following collaborations with Federal Bank and BOBCARD.