IDFC FIRST SWYP vs IKEA Family Axis Bank

Full side-by-side comparison based on verified card data. Updated April 2026.

Quick Verdict

IKEA Family Axis Bank Credit Card wins 4 of 8 dimensions with a CardTrail Score of 6.9/10 vs 6.7/10.

Feature IDFC FIRST SWYP IKEA Family Axis Bank
CardTrail Score 6.7/10 6.9/10
Annual Fee ₹499 Free
Base Reward Rate 0.5% 1%
Max Reward Rate 3% 5%
Forex Markup 1.99% 3.5%
Domestic Lounges 0 0
International Lounges 0 0
Fuel Surcharge Waiver Yes Yes
Network Visa Visa

When to Choose IDFC FIRST SWYP

  • You can meet the fee waiver condition: Spend ₹1L/year
  • You travel internationally — saves ₹1,510/year on ₹1L forex spend
  • Your primary spend is: general, online, lifestyle

When to Choose IKEA Family Axis Bank

  • You want a lifetime free card with zero annual cost
  • You want higher rewards — up to 5% vs 3%
  • Your primary spend is: shopping, lifestyle

Forex Cost Comparison

On ₹1,00,000 annual international spending: IDFC FIRST SWYP costs ₹2,348 in forex fees vs IKEA Family Axis Bank at ₹4,130. You save ₹1,782/year with IDFC FIRST SWYP.

Annual Fee Value Analysis

To break even on IDFC FIRST SWYP's ₹499 fee at 0.5% rewards, spend ₹8,317/month.

IKEA Family Axis Bank is lifetime free — no break-even needed.