Axis Bank offers many different products and services, and credit card is one of them. One can look for a credit card as per requirement, like shopping, travel, rewards, cashback, movies, etc. and apply for the desired one. Some of the Axis Bank Credit Cards are Axis Bank Neo Credit Card, Axis Vistara Credit Card, Axis Bank Magnus Credit Card, Flipkart Axis Bank Credit Card, and many more.
In this article, we will be discussing the Axis Bank Privilege Credit Card. This card aims to provide travel and shopping benefits, including complimentary airport lounge access for high spenders. For Priority customers, it is a lifetime free credit card, and in the case of others, it has a joining fee of INR 1500. Let us now discuss this card in detail:
Features and Benefits
Mentioned below are the features and benefits of the Axis Bank Privilege Credit Card:
- Activation Benefits:
- Upon levy of joining fees and when the 1st transaction gets completed vf4r3qawithin 30 days of card setup, get 12500 Edge reward points worth INR 5000 that can be redeemed against Multi Brand vouchers.
- In the case of Priority Banking customers, get 6250 Edge reward points worth INR 2500 that can be redeemed against Multi Brand vouchers.
- Milestone Benefits:
- Convert the Edge points earned to Multi Brand vouchers worth twice their value and double their benefit on achieving the milestone of INR 2.5 lakhs.
- Annual Benefits:
- Get a reversal of annual fees worth INR 1500 on spending INR 2.5 lakhs in the previous anniversary year.
- Airport Lounge Access:
- Get 2 complimentary access to select domestic airport lounges per calendar quarter.
- Dining Benefits:
- Get dining benefits worth INR 1000 with EazyDiner via the Axis Bank Delights Program.
- Fuel Surcharge Waiver:
- Get 1% fuel surcharge waiver up to INR 400 per cycle on transactions between INR 400 and INR 4000.
- Axis Edge Rewards:
- Get 10 Axis reward points for every INR 200 spent on the credit card, either domestically or internationally.
- Convert Big Purchases into EMI:
- Convert any big transaction over INR 2500 into EMI using mobile or net banking.
- Also, you can call 1860-500-5555 or 1860-419-5555 to get any transaction converted.
- Insurance Benefits:
Mentioned below are the insurance benefits offered by Axis Privilege Credit Card:
| Category | Insurance Coverage |
| Accidental air death | INR 2.5 crores |
| Purchase Protection | INR 1 lakh |
| Loss of travel documents | Up to US $300 |
| Lost/delayed baggage | Up to US $500 |
| Credit Shield | INR 1 lakh |
| Delay of Check-in –Baggage Cover | Up to 300 USD |
Fees and Charges
Mentioned below are the fees to apply for Axis Privilege Credit Card:
| Particulars | Details |
| Joining Fee | INR 1,500 (Nil for priority customers) |
| Renewal Fee | INR 1,500 |
| Add-on Card Joining and Renewal Fee | NIL |
| Finance Charges | 3.60% per month (52.86% per annum) |
| Cash Withdrawal Charges | 2.5% of the amount (Min ₹500) of the cash amount |
| Late Payment Charges | For amounts less than INR 500 – Nil For amounts ranging between INR 501-INR 5000 – INR 500 For amounts ranging between INR 5001-INR 10,000 – INR 750 For amounts greater than 10,000 – INR 1,200 |
Eligibility Criteria
Mentioned below are the different parameters on the base of which eligibility criteria is judged to apply for Axis Bank Privilege Credit Card:
- The minimum age of a primary cardholder should be 18 years.
- The maximum age of a primary cardholder should be 70 years.
- The minimum age of an add-on cardholder should be 18 years.
- The net income of an applicant should be INR 6 lakhs per annum.
- An applicant should be an Indian resident.
Documents Required
Mentioned below is the list of documents required to apply for Axis Bank Privilege Credit Card:
| Title | Details |
| Proof of Identity | PAN CardAadhaar cardDriver’s LicensePassportVoter’s IDOverseas Citizen of India CardPerson of Indian Origin CardJob card issued by NREGALetters issued by the UIDAI, or Any other government-approved photo ID proof |
| Proof of Address | Aadhaar cardDriver’s LicensePassportUtility Bill not more than 3 months oldRation CardProperty Registration DocumentPerson of Indian Origin CardJob card issued by NREGABank Account Statement orAny other government-approved address proof |
| Proof of Income | Latest one or 2 salary slips (not more than 3 months old)Latest Form 16Last 3 months’ bank statement |
Steps to Apply for Axis Bank Privilege Credit Card
Mentioned below is the process to apply for Axis Privilege Credit Card:
Step 1: Open the official website of Axis Bank.
Step 2: Go to the tab “Products”. Under “Cards”, click on Credit Cards”.
Step 3: Look for “Axis Bank Privilege Credit Card”.
Step 4: Now, click on “Apply Now”.
Step 5: Fill out the basic details required in the form.
Step 6: A bank representative will call you for any further assistance or query.
Rewards Redemption
The Axis Edge Reward points can be redeemed at twice its value against the shopping and travel vouchers or against some other products in the catalogue. The redemption value is as mentioned below:
- 1 EDGE Reward Point = INR 0.40 in case the redemption is for travel or shopping vouchers
- 1 EDGE Reward Point = INR 0.20 in case the redemption is against other deals or products
Steps to Redeem Axis Edge Reward Points
Mentioned below are the steps to redeem the Axis Edge Reward Points:
Step 1: Launch the official website of Axis Bank.
Step 2: On the top of the page, check the total rewards available.
Step 3: Select the brand of the voucher against which the reward points are to be redeemed, along with the denomination of the voucher.
Step 4: Click on “Redeem Now”.
Step 5: Enter the details required, like name, mobile number, email ID, etc.
Step 6: Enter the OTP received on the registered mobile number.
Step 7: Click on “Submit”.
Axis Bank Credit Card Bill Payment
Mentioned below are the different modes of making Axis Bank Credit Card Bill Payments:
- Via Internet Banking
- Via Mobile Banking
- National Electronic Funds Transfer (NEFT)
- Real Time Gross Settlement (RTGS)
- Payment Gateway like BillDesk, Paytm, GPay
- Through Cash or Cheque
- Auto-Debit Facility
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