Axis Bank Privilege Credit Card
The Axis Bank Privilege Credit Card offers several benefits for spending on dining, fuel, and shopping. Cardholders get two free airport lounge visits each year, making travel more comfortable. It’s designed to provide savings and rewards for people who love shopping and traveling.
The card comes with a ₹1,500 joining fee, but it’s free for Priority Banking customers. The annual fee is ₹1,500, but if you spend more than ₹4 lakh in a year, the fee is waived. Priority customers never have to pay any fees. Upon joining, you receive 12,500 EDGE Reward Points that can be redeemed for shopping or travel vouchers worth ₹2,500. You also earn 10 reward points for every ₹200 you spend.
Additional benefits include savings on fuel charges, dining discounts, and lounge access. If you spend ₹5 lakh in a year, the renewal fee is waived for the next year. With its range of features, the card stands out as a competitor to the HDFC Regalia Gold Credit Card but with lower fees and equally rewarding perks.
Rewards and Benefits
Fees & Charges
What benefits can I get by spending Rs. 2.5 lakhs with the Axis Bank Privilege Credit Card?
You’ll earn 10,000 EDGE Reward Points, which are worth Rs. 2,000.
What is the minimum income required to apply for this card?
You need a net annual income of Rs. 6 lakhs or more.
Is free airport lounge access included with this card?
Yes, you can access domestic lounges twice per quarter (up to 8 times a year). To qualify, you must spend Rs. 50,000 in the preceding three months.
How much is one EDGE Reward Point worth?
1 point equals Rs. 0.20, so 5 points equal Re. 1.
Are there charges for mobile alerts or hot-listing the card?
No, these services are free.
Is the fuel surcharge service tax refundable when using this card?
No, the service tax on the fuel surcharge cannot be refunded.
What kind of rewards does this card offer?
It’s ideal for shopping enthusiasts, offering rewards, cashback, and other benefits.
Do I need to be an Axis Bank customer to apply?
No, anyone can apply regardless of their current relationship with the bank.
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