Axis Bank Privilege Credit Card

Welcome to our detailed guide on the Axis Bank Privilege Credit Card. Unlock a world of exclusive benefits, rewards, and financial flexibility with this premium credit card. In this article, we delve into the key features, advantages, and rewards program offered by the Axis Privilege Credit Card. Whether you’re a frequent traveler, a shopping enthusiast, or someone who values financial perks, this card has something special to offer. Join us as we explore how this credit card can elevate your lifestyle and provide you with unparalleled privileges.  

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Axis Bank Privilege Credit Card

Key Highlights of Axis Bank Privilege Credit Card

Best forRewards, travel and shopping
Joining feeRs. 1500 (Nil for Priority Customers only)
Annual feeRs. 1500
Welcome benefitsMulti brand vouchers worth Rs 5,000
Lounge access8 complimentary lounge access at select domestic airports.
Purchase to EMI conversion facilityAvailable on spends of Rs. 2,500 or above
Required age 18 to 70 years old
Required net income Rs. 6,00,000 per annum

Features and Benefits of Axis Bank Privilege Credit Card

Welcome Benefits:

    • Get 12,500 EDGE REWARD Points when you pay the joining fee.
    • Priority banking customers get 6,250 EDGE REWARD Points.

Movie & Dining:
Enjoy up to 20% discount at 4,000+ partnered restaurants.

Rewards Rate:
Earn 10 EDGE Points on every Rs. 200 spent using the credit card.

Reward Redemption:
Redeem EDGE Points for products and vouchers at the rate of 1 EDGE Point = Rs. 0.20.

Get complimentary access to domestic lounges once every year.

Domestic Lounge Access:
Enjoy 2 complimentary visits to domestic lounges every quarter.

Insurance Benefits:
Coverage for air accidents, lost/delayed baggage, lost travel documents, and purchase protection.

Zero Liability Protection:
No liability for fraudulent transactions if you report the loss or theft of your card to the bank.

Axis Bank Privilege Credit Card Fees and Charges

Joining Fee: Rs. 1500 (No fee for Priority Customers only)
Annual Fee (from 2nd year onwards): Rs. 1500
Retail Purchases & Cash: 3.6% per month (equivalent to 52.86% per annum)
Late Payment Fee (Overdue Penalty):

No fee if the Total Payment Due is less than Rs. 500
Rs. 500 if the Total Payment Due is between Rs. 501 – Rs. 5,000
Rs. 750 if the Total Payment Due is between Rs. 5,001 – Rs. 10,000
Rs. 1200 if the Total Payment Due is greater than Rs. 10,000

Over Limit Penalty: 2.5% of the over-limit amount (Minimum Rs. 500)
Fuel Transaction Surcharge: 1% of the transaction amount (Refunded for fuel transactions between Rs. 400 and Rs. 4000)

Axis Bank Privilege Credit Card Eligibility

For the Primary Cardholder: Age should be between 18 to 70 years.
For Add-on Cardholder: Age should be over 18 years.
For Income: The primary cardholder should have a net income of at least Rs. 6,00,000 per annum.
Residency: The applicant should be a resident of India.

Documents Required for Axis Bank Privilege Credit Card

You will need the following documents:

  • Photocopy of PAN card or Form 60 (in case you don’t have a PAN card).
  • Proof of income (any one of the following):

Latest payslip
Form 16
Income Tax return copy

  • Residential proof (any one of the following):

Driving License
Ration Card
Electricity bill
Landline telephone bill

How to apply for Axis Bank Privilege Credit Card?

Online Application:

  1. Visit the Axis Bank website:
  2. Click on “Apply Credit Card.”
  3. Choose the “Axis Bank Privilege Credit Card.”
  4. Complete all the required formalities to apply for the card online.

Offline Application:

  1. Visit the nearest Axis Bank branch.
  2. Fill out the physical application form.
  3. Submit the required documents along with the application form to apply for the Axis Privilege Credit Card.