top of page

Axis Bank Privilege Easy Credit Card

Product Details
Credit Card Name : 

Axis Bank Privilege Easy Credit Card

Bank Name :

Axis Bank

Type :

Rewards Credit Card

Interest Rate : 

3.40% per month (49.36% per annum).

Eligibility :

Applicant should have a fixed deposit with Axis Bank.
Minimum Fixed Deposit of Rs. 65,000; Maximum of Rs. 25,00,000.
Minors are not eligible for the card.
In addition, the Privilege Easy Credit Card cannot be issued against: Tax Saver FDs, Flexi-Deposits (Auto-sweep Fixed Deposits), Fixed Deposits in the name of HUF/society/trust/companies

Axis Bank Privilege Easy Credit Card
Pros
  • Welcome Benefits: Get 12,500 reward points redeemable against shopping or travel vouchers worth INR 5,000 on payment of joining fee and undertaking 3 transactions within 60 days of card issuance.

  • Milestone Benefit: Customers can double the benefit upon achieving the spending milestone of Rs. 2.5 Lakhs by converting their EDGE rewards to shopping and travel vouchers worth twice the value. 

  • Rewards: Customers can earn 10 EDGE rewards on every INR 200 spent. 

  • Insurance benefits: Purchase Protection Plan upto Rs. 1 Lakh.  Credit Shield 1 Lakh.  Loss Travel Document Cover upto 300 USD.  Delay in Check in baggage cover up to 300 USD.  Loss of Check-In Baggage Cover upto 500 USD.

  • The card also offers two complimentary domestic airport lounge access per calendar quarter.

Cons
  • Low cashback rate.

  • Limited number of value add features. 

  • No free movie tickets. 

Pros & Cons
Welcome Benefits

Welcome Benefits: Get 12,500 reward points redeemable against shopping or travel vouchers worth INR 5,000 on payment of joining fee and undertaking 3 transactions within 60 days of card issuance.

Rewards System

Reward System: Get 5 Edge reward point on spending INR 100. Value of 1 Edge point: INR 0.20. Cashback Rate: 1%.

International Forex Markup

3.5%.

Welcome Benefits and Reward System
Special Features

Unique credit card offered against fixed deposit as a security. 

Eligibility Criteria

Applicant should have a fixed deposit with Axis Bank.
Minimum Fixed Deposit of Rs. 65,000; Maximum of Rs. 25,00,000.
Minors are not eligible for the card.
In addition, the Privilege Easy Credit Card cannot be issued against: Tax Saver FDs, Flexi-Deposits (Auto-sweep Fixed Deposits), Fixed Deposits in the name of HUF/society/trust/companies

Benefits


  • Complementary access to airport lounges. 

  • Dining benefits. 

  • Insurance benefits

Speical Feature, Eligibility and Benefits
How to apply for Credit Card?
  • You can apply for the Axis Bank Privilege Easy Credit Card online or at any Axis Bank branch. Here are the steps involved in applying for the card online:

  • Go to the Axis Bank website and click on the "Apply for Credit Card" tab.

  • Select the "Privilege Easy Credit Card" and click on "Apply Now".

  • Enter your personal details, such as your name, address, and contact information.

  • Enter your income details and employment details.

  • Upload a copy of your PAN card and latest payslip.

  • Submit your application.

  • Axis Bank will review your application and let you know the status within a few days. If your application is approved, you will receive the card in the mail within 10-15 days.

Contact Details

1868 419 5555 & 1860 500 5555

Account Opening and Procedure
Axis Bank Privilege Easy Credit Card

Axis Bank Privilege Easy Credit Card is a unique credit card since it is issued against fixed deposit as a security. Consequently you can be 100% assured of its approval. The card has limited number of value add features and a low cashback rate. However, if you are looking for a beginner level credit card in order to build your credit score it can be a great stepping stone.

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: INR 1500.

  • Annual  fee - Rs. 1500.

  • Cash Withdrawal Fee: 2.5%  of the amount taken out as cash .

  • Late Payment Fee: Charged depending on the customer’s Total amount due; ranges from Rs. 0 - 1200 .

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

  • Reward Redemption Fee: INR 100.

  • Forex Markup: 3.5%

  • Fuel Surcharge: 1%, however it is waived for transactions between Rs.400 to Rs.4000 (Capped at INR 400 per month).

Fuel Surcharge

Fuel Surcharge: 1%, however it is waived for transactions between Rs.400 to Rs.4000 (Capped at INR 400 per month).

Billing Cycle

30 days.

Fees & Charges
bottom of page