top of page

Axis Bank Privilege Credit Card

Product Details
Credit Card Name : 

Axis Bank Privilege Credit Card

Bank Name :

Axis Bank

Type :

Rewards Credit Card

Interest Rate : 

Interest Rate: 3.40% per month (49.36% per annum).

Eligibility :

Primary cardholder should be between 18 to 70 years of age.
Add-on cardholder should be over 18 years.
Net income of Rs. 6,00,000 per annum.
Resident of India

Axis Bank Privilege Credit Card
Pros
  • Customers can earn 12,500 EDGE REWARD Points, redeemable against Multi Brand vouchers worth Rs. 5000 upon payment of full joining fees.

  • Special Feature: Upon reaching the milestone spend of INR 2.5 Lakh you can double your reward points by converting them to multi-brand coupons having double the value of your points. 

  • 3000 EDGE REWARD points on renewal.  

  • 8 complimentary lounge visits per year. 

  • INR 1,000 off at partner restaurants (one time). 

  • 1% fuel surcharge refunded for fuel transactions between Rs. 400 and Rs.4000). 

Cons
  • Limited value add features. 

  • Low cashback rate.

  • No free movie tickets. 

Pros & Cons
Welcome Benefits

Welcome Benefits: 12,500 EDGE REWARD Points.

Rewards System

Reward System: You can earn 5 Axis EDGE REWARDS Points on every INR100 that you spend with the Axis Bank Privilege Credit Card. The value of each point is INR 0.2. The effective cashback rate is 1%.

International Forex Markup

3.5%

Welcome Benefits and Reward System
Special Features

Upon reaching the milestone spend of INR 2.5 Lakh you can double your reward points by converting them to multi-brand coupon having double the value of your points. 

Eligibility Criteria

Primary cardholder should be between 18 to 70 years of age.
Add-on cardholder should be over 18 years.
Net income of Rs. 6,00,000 per annum.
Resident of India

Benefits


  • Complimentary airport lounge access: You will get 8 complimentary domestic lounge access visits per year.

  • Dining delight: You will get 15% off on dining at partner restaurants across India under the 'Dining Delights' program via EazyDiner. This is applicable twice per month on a minimum transaction of Rs. 1,500.

Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
  • You can apply for the Axis Bank Privilege Credit Card online or offline. Here are the steps on how to apply online:

  • Go to the Axis Bank Credit Card website. Search for Privilege Credit Card. 

  • Click on the "Apply Now" button.

  • Enter your personal details such as your name, email address, and mobile number.

  • Enter your income and employment details.

  • Upload a scanned copy of your PAN card and Aadhaar card.

  • Select the credit limit you want.

  • Click on the "Submit" button.

  • An Axis Bank representative will contact you to verify your details and complete the application process.

Contact Details

1867 419 5555 & 1860 500 5555

Account Opening and Procedure
Axis Bank Privilege Credit Card

Axis Bank Privilege Credit Card has limited number of value add features. On top off that it also has a very low cashback rate. Wholistically the card has limited attraction in today's day and age.

Abhijeet Saxena

Abhijeet Saxena

Abhijeet Saxena

Nalsar University of Law

Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi

Ex - Khaitan & Co. Bengaluru,

Ex - National Stock Exchange, Mumbai,

Ex - Argus Partners, Mumbai

Product Review
Fees & Charges
  • Joining fee:Rs. 1500 (Nil for Priority Customers only). 

  • Annual  fee - 2nd Year onwards: Rs. 1500.

  • Cash withdrawal fee from ATM - 2.5% (Min. Rs. 500) of the Cash Amount.

  • Late payment fee: charged depending on the customer’s Total amount due; ranges from Rs. 0 - 1200.

  • Fuel surcharge: 1% of transaction amount (Refunded for fuel transactions between Rs. 400 and Rs.4000).

  • Interest Rate: 3.40% per month (49.36% per annum).

  • Reward Redemption fee : INR 49 for redemption of points upto 10,000 and INR 99 above that.

  • Forex Charges: 3.5%. 

Fuel Surcharge

Fuel surcharge: 1% of transaction amount (Refunded for fuel transactions between Rs. 400 and Rs.4000).

Billing Cycle

30 Days.

Fees & Charges
bottom of page