Axis Bank Privilege Credit Card is a premium credit card designed for individuals who value luxury, exclusivity, and convenience. Axis Bank Privilege Credit Card offers a range of benefits, including attractive reward points, lounge access, travel privileges, and much more. With its exclusive features and personalized services, the Axis Bank Privilege Credit Card is designed to cater to the discerning needs of its privileged customers.
Axis Bank Privilege Credit Card is designed to offer exceptional value to customers who demand the very best in financial services and convenience. Whether you are a frequent traveler, a shopaholic, or someone who simply wants to enjoy the finer things in life, the Axis Bank Privilege Credit Card is the perfect choice for you.
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| Joining fee | Rs. 1,500 |
| Annual fee | Rs. 1,500 (waived off on spending Rs. 2.5 lakhs in the previous year) |
| Best suited for | Best suited for those who frequently shop and dine out, as well as travel often. |
| Best features | Get a complimentary Priority Pass membership and access to select airport lounges. Enjoy discounts and offers on dining, shopping, and travel. Get a waiver on fuel surcharge at select fuel stations. Get a complimentary air accident insurance cover of up to Rs. 2.5 crores. |
| Rewards points | 10 points for every Rs. 200 spent on the card |
| Cashback | Rs. 500 per month on your dining and movie spends. |
| Yoindi rating | 3.5/5 |
| Charges involved | Rs.1500 (NIL for Priority Customers) |
| Joining fee | Rs.1500 (NIL for Priority Customers) |
| Annual fee (from 2nd of card membership) | Rs.1,500 (reversed on reaching annual spends of Rs.4 lakh |
| Charges on purchases | 2.95% per month |
| Cash withdrawal charges | 2.5% (min Rs.250) of the amount withdrawn |
| Fees on cash transaction | Rs.100 |
| Re-issuing or replacement of card | NIL |
| Penalty for late repayment | |
| Rs.300 for dues up to Rs.2,000 | |
| Rs.400 for Rs.2,001-Rs.5,000 | |
| Rs.600 for Rs.5,001 and above | |
| Payments in foreign currency | 3.50% of the transacted amount |
| Surcharge on fuel-related payments | 1% of the amount |
| Dishonour fee or cheque bounce | Rs.300 |
| Over limit penalty | Rs.500 or 3% of the over limit amount (whichever is higher) |
| Late payment fee | Up to Rs.300 - Nil |
| Rs. 301 to Rs.500 - Rs.100 | |
| Rs. 501 to Rs.1,000 - Rs.500 | |
| Rs. 1,001 to Rs.10,000 - Rs.500 | |
| Rs. 10,001 to Rs.25,000 - Rs.750 | |
| Rs.25,001 to 50,000 - Rs.1,000 | |
| More than Rs.50,000 - Rs.1,000 |
The applicant must be at least 18 years old and not more than 70 years old. The add-on cardholder should also be 18 years or above. The individual must have a minimum net income of ₹600,000 per annum and must be a citizen of India.
| Type of documents | Documents accepted |
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| Address Proof | Ration Card Passport Voter ID Aadhaar card |
| Proof of Identity | Passport Aadhaar card Driving License |
| Proof of Income | Salary Slip IT Returns Form 16 |
To check the status of your Axis Bank Privilege Credit Card application, you can follow the below-mentioned steps:
Alternatively, you can also check the status of your Axis Bank Privilege Credit Card application by calling the Axis Bank customer care number and providing your application details to the customer service executive. You can also visit the nearest Axis Bank branch and speak to a representative to get an update on your application status.
The Axis Bank Privilege Credit Card comes with a host of advantages that make it a popular choice for customers who value luxury, convenience, and rewards. Some of the key advantages of the Axis Bank Privilege Credit Card are:
1. Attractive reward points: With the Axis Bank Privilege Credit Card, you can earn reward points on every purchase you make, whether it’s shopping, dining, or travel. You can redeem these reward points for a wide range of products, services, or vouchers from Axis Bank’s reward catalog.
2. Airport lounge access: The Axis Bank Privilege Credit Card offers complimentary access to select domestic and international airport lounges. This benefit can come in handy if you are a frequent traveler who wants to relax or work in a comfortable environment before your flight.
3. Travel privileges: The Axis Bank Privilege Credit Card offers various travel-related benefits, including discounts on flight tickets, hotel bookings, car rentals, and more. You can also enjoy complimentary travel insurance, which covers you against accidents, medical emergencies, and trip cancellations.
4. Dining privileges: The Axis Bank Privilege Credit Card offers discounts and deals at select restaurants across India. You can enjoy up to 20% off on your dining bills or get complimentary dishes and drinks.
5. Concierge services: The Axis Bank Privilege Credit Card comes with a dedicated concierge service that can assist you with a range of services, including travel bookings, restaurant reservations, event tickets, and more.
6. Golf privileges: The Axis Bank Privilege Credit Card offers complimentary rounds of golf and other golf-related benefits at select golf courses across India.
Overall, the Axis Bank Privilege Credit Card is designed to cater to the unique needs and preferences of its privileged customers, providing them with a range of exclusive benefits and personalized services.
While the Axis Bank Privilege Credit Card offers many benefits and advantages, there are also some drawbacks that you should be aware of before applying for the card. Some of the potential drawbacks of the Axis Bank Privilege Credit Card are:
1. Annual fee: The Axis Bank Privilege Credit Card comes with a high annual fee, which may not be affordable for some customers.
2. High interest rate: The interest rate on the Axis Bank Privilege Credit Card is relatively high, which means that you may end up paying more in interest charges if you carry a balance on the card.
3. Limited acceptance: The Axis Bank Privilege Credit Card may not be accepted at all merchants or outlets, especially in smaller towns and cities.
4. Rewards redemption restrictions: While the Axis Bank Privilege Credit Card offers attractive reward points, there may be restrictions on how you can redeem these points, such as a minimum threshold for redemption or limited options in the rewards catalog.
5. Late payment charges: The Axis Bank Privilege Credit Card imposes high late payment charges, which can add up quickly if you miss a payment deadline.
6. Eligibility criteria: The Axis Bank Privilege Credit Card is designed for customers with high income and creditworthiness, which means that not everyone may be eligible to apply for the card.
Overall, it’s important to carefully evaluate the pros and cons of the Axis Bank Privilege Credit Card before applying for it, and ensure that the card aligns with your financial needs and goals.
The Axis Bank Privilege Credit Card is designed for individuals who value luxury, convenience, and rewards, and who have a high income and good creditworthiness. Some of the key factors that make the Axis Bank Privilege Credit Card a good choice for certain individuals are:
1. Frequent travelers: If you are a frequent traveler, the Axis Bank Privilege Credit Card can offer you a range of travel-related benefits, including airport lounge access, travel discounts, and complimentary travel insurance.
2. Shopaholics: If you enjoy shopping, the Axis Bank Privilege Credit Card offers attractive rewards and discounts on shopping purchases, including apparel, accessories, and more.
3. Dining enthusiasts: If you are a foodie, the Axis Bank Privilege Credit Card offers discounts and deals on dining bills at select restaurants across India, along with complimentary dishes and drinks.
4. Golfers: If you are a golf enthusiast, the Axis Bank Privilege Credit Card offers complimentary rounds of golf and other golf-related benefits at select golf courses across India.
5. High spenders: If you have a high income and tend to spend a lot on your credit card, the Axis Bank Privilege Credit Card’s rewards program can help you earn attractive rewards and benefits on your purchases.
Overall, the Axis Bank Privilege Credit Card is a good choice for individuals who can afford the high annual fee and interest rates, and who can take full advantage of the card’s benefits and rewards.
| Benefits of the Privilege Credit Card | Annual Spends Amount (Rs.) | Savings Amount (Rs.) | Value of the Axis eDGE Reward Points if redeemed against Shopping or Travel vouchers |
|---|---|---|---|
| Shopping or Travel vouchers** on welcome | Rs.5000 | ||
| Complimentary access to selected lounges affiliated with Mastercard, | |||
| 2 times in calendar quarter (if offer availed once every quarter)** | Rs.6000 | ||
| Rewards on Annual Spends (excluding fuel) | Rs. 250,000 | Rs. 5,000 | |
| Upto 15% discount at selected Fine dining restaurants^^^ | Rs. 16,000 | Rs. 2,400 | |
| 1 % Fuel Surcharge Waiver on monthly fuel spends ^^^^ | Rs. 25,000 | Rs. 250 | |
| Sub Total | Rs. 13,650 | Rs.5,000 | |
| Total Annual Savings^ | Rs. 18,650 .00 |
If you have any queries or issues related to your Axis Bank Privilege Credit Card, you can contact the Axis Bank customer care in the following ways:
It’s important to have your Axis Bank Privilege Credit Card details, such as the card number and date of birth, handy when contacting the customer care team for quick and efficient resolution of your queries or issues.
Once you receive your Axis Bank Privilege Credit Card, you need to activate it before you can start using it. Here are the steps to activate your Axis Bank Privilege Credit Card:
1. Download the Axis Bank mobile app or visit the Axis Bank website.
2. Log in to your account using your credentials, such as your registered mobile number or customer ID.
3. Click on the “Credit Cards” tab and select the “Activate Card” option.
4. Enter your Axis Bank Privilege Credit Card details, such as the card number, expiry date, and CVV.
5. Click on the “Submit” button to activate your Axis Bank Privilege Credit Card.
Alternatively, you can also activate your Axis Bank Privilege Credit Card by calling the Axis Bank customer care number at 1860-419-5555 or 1860-500-5555 from your registered mobile number. Follow the instructions provided by the customer care executive to activate your card.
It’s important to remember to sign your card on the back after activating it and to change the default PIN provided by the bank to a unique 4-digit PIN of your choice for security purposes.
The credit limit on the Axis Bank Privilege Credit Card is determined by Axis Bank based on various factors, including your income, credit score, and credit history. The credit limit can vary from person to person and is typically higher for customers with a good credit history and high income.
To know your Axis Bank Privilege Credit Card’s credit limit, you can log in to your Axis Bank account using the Axis Bank mobile app or website. Once you log in, you can click on the “Credit Cards” tab and select your Privilege Credit Card. You should be able to view your available credit limit and also track your credit utilization to avoid overspending and maintain a healthy credit score.
It’s important to note that you should use your credit card responsibly and not exceed the credit limit assigned to you to avoid penalties, interest charges, and a negative impact on your credit score.
Yes, the Axis Bank Privilege Credit Card comes with complimentary airport lounge access as a part of its benefits. The cardholders can enjoy lounge access at select airports across India and worldwide through the Priority Pass Program.
With the Axis Bank Privilege Credit Card, you can avail of up to 6 complimentary domestic airport lounge visits per year and up to 2 international airport lounge visits per year. These complimentary lounge visits are available for both primary and add-on cardholders. However, it’s important to note that access to airport lounges is subject to terms and conditions, and you need to check with the lounge service provider to confirm the eligibility criteria and available facilities.
Apart from airport lounge access, the Axis Bank Privilege Credit Card also offers several other benefits, such as dining discounts, travel discounts, golf benefits, and reward points on your card spends.
