Axis Bank Privilege Credit Card

(

3.1

)

Beginner

Best For: Fuel | Dining | Insurance

From

Airtel Axis Bank Credit Card

Approval Rate:

Elementor Single Post #221

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AU Bank Zenith+ Credit Card

The Axis Bank Privilege Credit Card is designed for individuals seeking a blend of travel perks and lifestyle benefits. Cardholders receive a welcome benefit of 12,500 EDGE REWARD Points upon payment of the joining fee and completion of the first transaction within 30 days of card issuance. The card offers milestone rewards, granting an additional 10,000 EDGE REWARD Points upon reaching a specified annual spending threshold. Travelers benefit from two complimentary domestic airport lounge accesses per calendar quarter, provided specific spending criteria are met. Dining enthusiasts can enjoy discounts of up to ₹800 through the Axis Bank Dining Delights Program in collaboration with EazyDiner. The card also provides a 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000, with a maximum benefit of ₹400 per statement cycle. The unique selling proposition of the Privilege Credit Card lies in its comprehensive suite of rewards and travel benefits, making it an ideal choice for those who desire both luxury and value in their daily expenditures.

Card Details

Type of Card

Rewards

Reward %

5%

Joining Fees

1500

Renewal Fees

1500

APR

55.55%

Welcome Benefit

12,500 EDGE Reward Points upon card issuance, redeemable for multi-brand vouchers worth ₹5,000

Renewal Benefits

USP's:

Multi-brand Voucher redemption

Fees & Charges

Joining & Renewal Fees

1500

Interest & Charges

Additional Charges

Rs.99 on EDGE portal | Rs.199 on conversion / transfer to other miles partner loyalty programs.

Rewards

Regular EDGE Reward Points on Eligible Spends

Milestone Benefits

Bonus 10000 EDGE reward points Yearly spend 2.5 lakhs<Renewal fee waived off on yearly spend 5 lakhs <

Exclusions

Education, EMI, Fuel, Government, Insurance, Jewellery, Rent, Utilities, Wallets

Rewards capping

Redemption modes

Vouchers, Rewards, Airmiles

Additional Features

travel-3d

Lounge Benefits

    cashback-3d

    Insurance Benefits

    • Purchase Protection Worth 1 Lakh
    3902003

    Other Perks

    • None

    Eligibility Criteria

    Age

    18Y

    Min

    70Y

    Max

    Credit Score

    750+

    Ex Min

    Income

    (

    Self Employed

    )

    Rs. 6 Lakhs per annum

    Income

    (

    Salaried

    )

    Rs. 50000 per month

    Other: Card-to-card eligibility requirements.

    Pros

    Dining discounts of up to ₹800 through the Axis Bank Dining Delights Program in collaboration with EazyDiner.
    Two complimentary domestic airport lounge accesses per quarter, subject to meeting specific spending criteria.
    Milestone reward of 10,000 EDGE Reward Points upon reaching an annual spending threshold of ₹2.5 lakh.

    Cons

    Relatively low reward point redemption value, with 1 EDGE Reward Point equating to ₹0.20.
    Foreign currency markup fee of 3.5% on international transactions.
    Annual fee of ₹1,500, waived only upon spending ₹2.5 lakh in the preceding year.

    Terms and Conditions *