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Axis Bank Privilege Credit Card

Personal Details

Highlights

  • Welcome bonus of 12,500 EDGE points
  • Achieve a spending milestone for a Multi-brand voucher
  • Access to domestic airport lounges

The travelling expenses are annoying travellers and they are unable to plan their cost-effective trips. It would be a helpful hand if the travelling expenses are cut off. Therefore you can use the Axis Bank Privilege Credit Card that has a lot of exciting offers on travelling. You can plan your trips from Yatra at much-discounted prices. Earn eDGE reward points and redeem it at the time of booking from Yatra. Enjoy the Airport Lounge Access and make your trips more comfortable. There are many other benefits of the same card that will help you to cut off the expenses. Let’s dig in and find out all the benefits of the Axis Bank Credit Card.

Features and Benefits of the Privilege Credit Card

The features are not only limited to Yatra but you can also earn a lot of eDGE Reward points and redeem them in the eDGE Rewards Catalogue.

  • Get 8 Free Access to the domestic airport lounges through this card per year with a maximum of 2 access per quarter.
  • Pay the annual fee of the card and enjoy 3,000 Edge reward points.
  • Earn 10 Edge Reward Points per INR 200 on domestic and international transactions.
  • Enjoy a fuel surcharge refund between the transaction of INR 400 to INR 4000.
  • Spend INR 2.5 Lakhs in a year and waive off the renewal fee of this credit card.

Welcome Benefits

Priority Banking Customers can avail of 6,250 Edge Reward Points by making first transactions of within 30 days. You can, however, obtain them in exchange for a multi-brand voucher worth INR 2,500.

Benefits

  • Earn 12,500 Edge Reward Points as a welcome gift redeemable against multi-brands vouchers up to worth INR 5,000

Exclusive offers on Yatra

  • Earn 12,500 eDGE Reward Points on the payment of the joining fees.
  • Spend More than INR 2.5 Lakhs in a year and redeem the EDGE Reward Points into Multi-brand Voucher twice the value.

Terms and Conditions

  • There must be one transaction made within 30 days from the issuance date to earn the reward points.
  • The reward points will be credited within 10 working days.
  • The Reward Points can also be redeemed under the EDGE Reward Catalogue.
  • Primary Cardholders and Add-on cards are eligible for qualifying the transaction of INR 2.5 Lakhs.

Renewal Benefits

  • Earn 3000 eDGE Reward Points on the renewal of the credit card.
  • Spend more than ₹2.5 Lacs in a year and waive off the renewal fees.

Lounge Access

Have two complimentary lounge access each calendar quarter at select domestic airports:-

  • Ahmedabad – The Lounge Domestic T1
  • Ahmedabad – The Lounge Domestic T2
  • Ahmedabad – The Lounge International T2
  • Bangalore – BLR International Lounge International T1
  • Bangalore – BLR Domestic Lounge Domestic T1
  • Chandigarh – Plaza Premium Lounge Domestic T1
  • Chennai – Travel Club Lounge A Domestic T1
  • Chennai – Travel Club Lounge B Domestic T1
  • Chennai – Travel Club Lounge International T3
  • Chennai – Travel Club Lounge Extn International T3
  • Chennai – Travel Club Lounge International T4
  • Goa – Good Times Lounge And Bar Domestic T1
  • Hyderabad – Plaza Premium Lounge Domestic T1
  • Hyderabad – Plaza Premium Lounge International T1
  • Kochi – Earth Lounge Domestic T1
  • Kochi – Earth Lounge International T3
  • Kolkata – Travel Club Lounge Domestic T1
  • Kolkata – Travel Club Lounge International T2
  • Mumbai – Travel Club Lounge Domestic T1c
  • Mumbai – Travel Club Lounge Domestic T2
  • Mumbai – Loyalty Lounge International T2
  • Mumbai – Oasis Lounge Domestic T1B
  • Nagpur – Mandarin Lounge Domestic T1
  • New Delhi – Plaza Premium Lounge Domestic T2
  • New Delhi – Plaza Premium Lounge Domestic T3
  • New Delhi – Plaza Premium Lounge A International T3
  • New Delhi – Plaza Premium Lounge B International T3
  • New Delhi – Encalm Lounge Domestic T1
  • Vadodara – Premium Lounge Domestic

Safety and Insurance Benefits

  • Purchase Protection Plan of up to INR 1 Lakhs.
  • Get a Credit Shield of INR1 Lakhs.
  • Loss of Travelling Document cover of up to USD 300.
  • Delay in the check-in baggage insurance of up to USD 300.
  • The Loss of the check-in baggage is covered up to USD 500.

Convert Purchases into EMIs

If you are willing to buy something big then you can convert your transaction into easy EMIs by contacting the bank. There are some terms and conditions for availing this benefit.

  • The transaction must be above INR 2,500.
  • Convert your purchases into EMI through Axis Bank Mobile App and Net Banking.
  • Call the Axis Bank on 1860-500-5555 or 1860-419-5555 for conversion.
  • The rate of interest will be 1.5% per month on a reducing basis.
  • One can frame their EMI into 6, 9, 12, 18, and 24 months.
  • The processing fee will be INR 250 or 1.5% of the amount whichever is higher.

Other Benefits of the Axis Bank Privilege Credit Card

  • Enjoy exciting offers in the Extra Ordinary Weekend Program.
  • Get a refund of the fuel surcharge on all the available pumps across India.
  • On Every spend of INR 200 earn 10 EDGE Reward points.
  • Secure your transactions with an EMV chip and the PIN.

Terms and Conditions

  • The fuel surcharge refund is eligible only between the transactions of INR 400 to INR 4000.
  • Service Tax charged on the fuel is non-refundable.
  • Fuel transactions are not eligible for earning reward points.
  • The maximum discount you can avail is INR 400 in a month.

Check the Eligibility and Charges of the Credit Card

Eligibility Norms

  • The minimum age of the individual must be 18 years.
  • The maximum age of the individual must not more than 70 years.
  • 18 years of age is required for the Add-on cardholder.
  • The net income of the individual must be a minimum of INR 6,00,000 per annum.
  • The individual must be a citizen of India.

Axis Bank Privilege Credit Card Documents Required

  • Photocopy of the PAN Card on Form 60.
  • Salary Slips or Form 16 or Income Tax Return for the income proof.
  • Passport or Driving License or Ration Card or Electricity Bill or Telephone Bill for the residential proof.

Axis Bank Privilege Credit Card Rates and Charges

Particulars Details
Joining FeeINR 1,500 - N/A for priority customers
Renewal FeeINR 1,500
Add-on Card Joining and Renewal FeeNIL
Finance Charges3.60% per month
Cash Withdrawal Charges2.5% of the amount (Min ₹500)
Card Replacement and Duplicate Statement FeeNIL
Late Payment ChargesINR 500-1,200
Dishonouring of Cheque2%, subject to INR 450-1,503

Axis Bank Privilege Credit Card Payment Modes

As most of the credit cards have multiple modes of payment so Privilege Credit Card has also the same. You can use any method from the following for clearing the Axis Bank Credit Card bills.

  • Axis Bank Net Banking
  • Axis Bank Mobile Application
  • National Electronic Fund Transfer
  • Payment Gateway like GPay, Paytm, and Billdesk
  • Cash and Cheque Payments
  • Auto-Debit Facility