info@logintoloans.com +91 8885545255

Logintoloans Assistant

Select your profession

Salaried Icon Salaried
Business Icon Business
CA CA
Doctor Doctor
NRI NRI
School School
College College
Student Student

Enter Pincode

Personal Details

Features of Axis Bank Privilege Credit Card

  • Rewards Program: The Axis Bank Privilege Credit Card offers a robust rewards program through its EDGE Reward Points system. For every ₹200 spent, cardholders earn 10 EDGE Reward Points, applicable to both domestic and international transactions. Unlike many other cards that limit accelerated rewards to specific categories, this card provides a consistent reward rate across all spends, ensuring maximum value for every purchase. The absence of monthly capping on reward earnings allows users to accumulate points quickly, making it ideal for frequent shoppers and travelers.
  • Welcome Bonus Points: New cardholders are greeted with a generous welcome bonus of 12,500 EDGE Reward Points upon completing their first transaction within 30 days of card issuance and paying the joining fee. These points are redeemable for vouchers worth up to ₹2,500, which can be used for shopping, travel, or other rewards listed in the Axis EDGE Rewards Catalogue. This feature provides an immediate value boost, offsetting the joining fee and encouraging early card usage.
  • Milestone Rewards: The card incentivizes higher spending through its milestone benefits. By spending ₹2.5 lakh in a card anniversary year, cardholders earn an additional 10,000 EDGE Reward Points, valued at approximately ₹2,000 when redeemed for vouchers. This feature rewards consistent usage and adds significant value for those who use the card as their primary payment method.
    • Axis Bank IndianOil Credit Card
      • Travel Benefits: Complimentary Domestic Lounge Access: For frequent domestic travelers, the Axis Bank Privilege Credit Card offers up to 8 complimentary lounge visits per year, with a maximum of 2 visits per calendar quarter. Access is granted at select domestic airport lounges in major cities like Bangalore, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai. To qualify, cardholders must spend ₹50,000 in the previous three months, though this requirement is waived for the first four months after card issuance. This feature enhances travel comfort, providing a relaxing space to unwind before flights.

      • Travel Voucher Benefits: Upon card activation, users receive shopping or travel vouchers worth ₹5,000, which can be used for domestic or international flights, hotel bookings, or holiday packages through partnered platforms like Yatra. This activation benefit adds immediate value, making the card appealing for those planning their next getaway.

        Dining and Lifestyle Perks:

        Dining Delights Program: The card enhances dining experiences through the Axis Bank Dining Delights program, offering up to 20% off at over 4,000 partner restaurants across India. Additionally, cardholders can enjoy discounts of up to ₹800 via EazyDiner, making it a great choice for food enthusiasts who frequently dine out. This feature ensures savings on culinary experiences, from casual eateries to fine dining establishments.

        Swiggy Discounts: For those who prefer food delivery, the card provides a 30% instant discount on Swiggy orders, up to ₹150 per month, on a minimum spend of ₹200. This perk caters to modern lifestyles, offering convenience and savings for cardholders who rely on food delivery services.

        Fuel and Convenience Benefits:

        Fuel Surcharge Waiver:
        The Axis Bank Privilege Credit Card offers a 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000 at all fuel stations across India. The maximum waiver is capped at ₹400 per billing cycle, providing consistent savings for cardholders who drive frequently. Note that GST on fuel surcharges is non-refundable, and no reward points are earned on fuel transactions.

        EMI Conversion for Big Purchases: For purchases exceeding ₹2,500, cardholders can convert transactions into easy EMIs through Axis Bank’s mobile app, net banking, or customer service. This feature offers financial flexibility, allowing users to manage large expenses without straining their budget. The interest rate for EMI conversions is typically 1.5% per month on a reducing balance, subject to terms and conditions.

        Insurance and Security Features:

        Comprehensive Insurance Coverage:
        The card comes with a robust insurance package to provide peace of mind. Key coverage includes:
        - Air Accident Cover: Up to ₹2.5 crore in case of an unfortunate event.
        - Purchase Protection: Up to ₹1 lakh for damage or theft of items purchased with the card.
        - Credit Shield: Up to ₹1 lakh to cover outstanding balances in case of unforeseen circumstances.
        - Loss of Travel Documents: Coverage of up to USD 300 for replacing lost travel documents.
        - Delayed or Lost Baggage: Up to USD 300 for delayed baggage and USD 500 for lost check-in baggage.
        These insurance benefits ensure that cardholders are protected against various risks, enhancing the card’s value for frequent travelers and shoppers.

        EMV Chip and PIN Security: The card is equipped with an EMV-certified chip and PIN technology, reducing the risk of counterfeit and skimming fraud. This advanced security feature ensures safe transactions, both online and offline, providing cardholders with confidence in their card’s protection.

        Fee Waivers and Additional Perks:

        Annual Fee Waiver: The card’s annual fee of ₹1,500 can be waived by spending ₹5 lakh in the previous card anniversary year. This threshold, while higher than some competing cards, is achievable for regular users, effectively making the card cost-free for high spenders. Priority Banking customers may also enjoy a lifetime-free card or reduced fees, adding further value for eligible users.

        Renewal Bonus: Upon renewing the card, users receive 3,000 EDGE Reward Points, providing a small but meaningful incentive for continued usage. This feature ensures that loyal cardholders are rewarded annually.

        Global Acceptance: The Axis Bank Privilege Credit Card is globally accepted at any merchant outlet that supports Visa or Mastercard. Cardholders can enable international usage through mobile or net banking, making it a reliable companion for international travel and online shopping. A foreign currency markup fee of 3.5% plus GST applies to international transactions.

        Unique Program Features:

        Axis Grab Deals: Through the Axis Grab Deals platform, cardholders can access enhanced reward rates, sometimes up to 5X EDGE Reward Points, on select online and offline merchants. This feature boosts the card’s reward potential, especially for those who shop with partnered brands like Amazon, Flipkart, or Myntra.

        No Reward Points on Select Categories: While the card offers uncapped rewards on most transactions, certain categories—such as fuel, insurance, government services, utilities, education, wallet transactions, and gold/jewelry purchases—do not earn reward points. Cardholders should plan their spending to maximize rewards on eligible categories.

        Tailored for Priority Customers:

        Exclusive Benefits for Priority Banking Customers: Priority Banking customers enjoy additional perks, such as a lifetime-free card or a reduced welcome bonus of 6,250 EDGE Reward Points (worth ₹2,500) instead of the standard 12,500 points. This tailored approach ensures that high-net-worth individuals receive benefits aligned with their banking relationship.

    Axis IndianOil Credit Card Benefits

    Benefits of the Axis Bank Privilege Credit Card

    • Welcome and Activation Benefits: New cardholders receive 12,500 EDGE Reward Points (worth up to ₹5,000) after completing 3 transactions within 60 days. Priority Banking customers get 6,250 points (₹2,500 value) and first-year fee waiver.
    • First-Year Fee Advantage: Often offered with first-year fee waived for select customers or promotions, the welcome rewards easily offset the ₹1,500 joining fee.
    • Uncapped EDGE Reward Points: Earn 10 EDGE Points for every ₹200 spent, with no monthly cap, offering consistent 1% value-back. The Axis Bank Privilege Credit Card is designed for discerning customers, offering a blend of rewards, travel perks, dining discounts, and financial flexibility. It delivers value across multiple spending categories, ideal for those seeking premium benefits without the complexity of super-premium cards.
      • Milestone Rewards: Spend ₹2.5 lakh annually to earn an additional 10,000 EDGE Points (~₹2,000 value). Note exclusions for fuel, insurance, utilities, rent, and government spends.
      • Complimentary Airport Lounge Access: 8 domestic lounge visits per year at major airports, subject to ₹50,000 spend in last 3 months (waived for new cardholders initially).
      • Fuel Surcharge Waiver: 1% surcharge waiver on fuel spends between ₹400 and ₹4,000, capped at ₹400/month. No reward points on fuel.
      • Dining and Lifestyle Perks: Up to 20% off at partner restaurants (₹800/month cap) via Dining Delights, and 30% instant discount on Swiggy orders (₹150/month cap).
      • Insurance Benefits: Air accident cover (up to ₹2.5 crore), purchase protection (₹1 lakh), credit shield (₹1 lakh), and travel-related loss coverages.
      • Financial Flexibility: Convert purchases above ₹2,500 into EMIs (6-24 months) with interest starting at 1.5% per month.
      • Annual Fee Waiver: Waive ₹1,500 annual fee by spending ₹5 lakh annually; plus 3,000 EDGE Points credited on renewal.
      • Lifetime Free Offer: Occasionally available for select customers, eliminating annual fees entirely.
      • Grab Deals Platform: Access additional cashback and discounts on popular merchants to boost savings.
      • Uncapped EDGE Reward Points: Earn 10 EDGE Reward Points for every ₹200 spent domestically and internationally, with no monthly cap. Each point is worth about ₹0.20, providing a consistent 1% value-back on spends.
      • Milestone Rewards: Spend ₹2.5 lakh annually to get 10,000 additional EDGE Points (~₹2,000 value) redeemable on Amazon Pay, Flipkart, or other vouchers. Note: Fuel, insurance, utilities, rent, and government spends are excluded.
      • Flexible Redemption Options: Redeem points via the Axis Bank EDGE Rewards Portal for e-commerce vouchers, travel bookings, or airline miles.
      • Complimentary Airport Lounge Access: 8 domestic lounge visits per year (2 per quarter) at major airports like Bangalore, Delhi, Mumbai, etc., with a minimum spend of ₹50,000 in the previous 3 months.
      • Fuel Surcharge Waiver: Save 1% fuel surcharge on transactions from ₹400 to ₹4,000, capped at ₹400/month. No reward points on fuel spends.
      • Dining and Lifestyle Perks: Get up to 20% off at 4,000+ partner restaurants via Dining Delights with EazyDiner (max ₹800/month) and 30% instant discount on Swiggy orders (max ₹150/month).
      • Comprehensive Insurance Benefits: Air accident cover up to ₹2.5 crore, purchase protection up to ₹1 lakh, credit shield up to ₹1 lakh, and travel-related coverages for lost/delayed baggage and documents.
      • Enhanced Security Features: EMV chip & PIN for safer transactions both online and offline.
      • EMI Conversion: Convert purchases above ₹2,500 into EMIs from 6 to 24 months via mobile app or net banking, with interest rates starting at 1.5% per month.
      • Annual Fee Waiver: ₹1,500 annual fee waived by spending ₹5 lakh annually. Also, 3,000 EDGE Points credited on renewal.
      • Lifetime Free Offer: Occasionally available for select customers, eliminating the annual fee.
      • Grab Deals Platform: Access enhanced cashback and discounts on select merchants to boost rewards.
      • Why Choose Axis Bank Privilege Credit Card? Balanced rewards, travel perks, and lifestyle benefits suited for moderate to high spenders looking for premium advantages without super-premium card complexity.
    Check Best Gold Loan Offers

    How to Apply Process for Axis Bank Privilege Credit Card

    • 1. Online Application
      • Visit the Axis Bank official website.
      • Select the Aura Credit Card and click “Apply Now.”
      • Fill in personal and income details; upload required documents.
    • 2. Offline Application
      • Visit a nearby Axis Bank branch.
      • Fill out the credit card application form with help from bank staff.
      • Submit the form along with all required documents.
    • 3. Through Partner Platforms
      • Apply via verified third-party websites (e.g., CreditMantri, MyMoneyMantra).
      • These platforms redirect to Axis Bank’s official application process.
    • 4. Approval and Processing
      • Bank verifies documents, credit history, and income stability.
      • Decision typically communicated within 21 working days via SMS or call.
      • Bank may approve, reject, or request further documentation based on risk evaluation.
    • 5. Tips for Smooth Approval
      • Maintain a good credit score and repayment history.
      • Submit accurate and matching information in the application.
      • Keep income and identity documents ready.
      • Contact Axis Bank Customer Care (8885545255) for queries.
    • 6. Post-Approval Steps
      • Once approved, the card is dispatched to your registered address within 7–10 working days.
      • Activate the card through the Axis Mobile App, Internet Banking, or ATM.
    • 7. Card Usage and PIN Setup
      • Set your card PIN using the Axis Mobile App, SMS, or by visiting an ATM.
      • Start using your card for online and offline transactions once activated.
    • 8. Customer Support and Issue Resolution
      • For any card-related issues or queries, contact Axis Bank customer support via phone or email.
      • Use the Axis Bank website or app to track your card application status and manage your account.
    • 9. Document Verification
      • Ensure all submitted documents are valid and up-to-date to avoid delays in processing.
      • The bank may contact you for physical verification or additional information if required.
    • 10. Credit Limit Allocation
      • Upon approval, the bank will assign a credit limit based on your income, credit score, and repayment capacity.
      • You can request a credit limit enhancement after demonstrating good payment behavior.
    • 11. Understanding Fees and Charges
      • Review the applicable joining fee, annual fees, and other charges before applying.
      • Be aware of interest rates, late payment fees, and other terms associated with the card.

    Eligibility Criteria for Axis Bank Privilege Credit Card

    • 1. Primary Cardholder Eligibility
      • Age Requirements
        • 18 to 70 years of age.
        • Applicants below 18 years are not eligible.
        • Applicants above 70 years may face restrictions.
      • Income Requirements
        • Minimum net annual income: ₹6,00,000 (6 lakhs).
        • Salaried: Stable monthly income of at least ₹50,000, verified via salary slips or bank statements.
        • Self-Employed: Income Tax Returns (ITR) showing minimum ₹6 lakhs annual income.
        • Final approval may depend on additional financial assessments.
      • Residency Status
        • Must be a resident of India.
        • Non-Resident Indians (NRIs) usually not eligible unless they have resident status in India.
        • Proof of residency required (Aadhaar, passport, utility bill, etc.).
    • 2. Add-On Cardholder Eligibility
      • Age Requirements: Minimum 18 years old, no upper age limit.
      • Relationship to Primary Cardholder:
        • Spouse,Parents
        • Siblings
        • Children (above 18 years)
      • Documentation like marriage certificate or birth certificate may be required.
    • 3. Credit History and Score
      • Minimum Credit Score: Recommended 750 or above.
      • Applicants with 650-750 may be considered with additional scrutiny.
      • Scores below 650 typically lead to rejection.
      • Credit History Considerations:
        • Timely repayment history.
        • Credit utilization ideally below 30%.
        • Existing loans or high debt may affect approval.
        • First-time credit users may consider secured versions of the card.
    • 4. Documentation Requirements
      • Proof of Identity (any one):
        • Aadhaar Card ,Passport, Driver’s License, Ration Card, Electricity Bill (not older than 3 months). Landline Telephone Bill. Voter’s ID
        • OCI/PIO Card, Job card issued by NREGA
      • Proof of Residence (any one):
        • Aadhaar Card ,Passport, Driver’s License, Ration Card, Electricity Bill (not older than 3 months). Landline Telephone Bill. Voter’s ID
      • Proof of Income:
        • Salaried: Last 3 months salary slips, Form 16, bank statements showing salary credits.
        • Self-Employed: ITR for last 1-2 years, audited financial statements, Form 16.
      • Additional Documents: Passport-size photographs, signature ID card, employment/business proof as applicable.
    Check Best Gold Loan Offers

    Documents Required for Axis Bank IndianOil Credit Card

    • Identity Proof:
      • PAN Card (self-attested) – Mandatory.
      • Additional: Aadhaar Card (masked), Passport, Voter ID, Driving License.
      • Must include full name, photo, and DOB; issued by government authority.
    • Income Proof:
      • Salaried Individuals:
        • Latest 2-3 months' payslips showing ₹20,000+ monthly salary.
        • Form 16 (latest).
        • Bank statements showing salary credits.
      • Self-Employed Individuals:
        • ITR with computation (1-2 years, showing ₹2.4 lakh income).
        • Bank statements (6-12 months).
        • Business proof if applicable.
    • Address Proof:
      • Aadhaar Card (masked)
      • Passport, Driving License, Voter ID.
      • Recent utility bill (not older than 3 months).
      • Bank statement with address (not older than 3 months).
    • Photograph:
      • 1-2 recent passport-sized color photographs.
      • Plain background preferred.
    • Application Form:
      • Duly filled and signed Axis Bank Credit Card Application Form.
      • Available at branch or downloadable from Axis Bank website.
    • Important Notes:
    • Documents may vary per individual case.
    • Bank may ask for original documents during verification.
    • Maintain a good credit score (700+) for better approval.
    • Priority banking customers may have different requirements or fee waivers.

    Factors of Axis Bank Privilege Credit Card

    • Card Classification and Network Type
      • Category: A premium-tier lifestyle card within Axis Bank’s broader credit card lineup.
      • Accepted Networks: Typically available on both Visa and Mastercard platforms.
      • Usage Type: Supports both domestic and international transactions, ensuring versatility.
    • Credit Limit Governance
      • Initial Credit Limit: Determined at the discretion of Axis Bank’s internal risk assessment algorithms.
      • Limit Modification: Can be adjusted over time based on the cardholder’s usage patterns and repayment history.
      • Temporary Enhancements: Axis Bank may offer temporary enhancements for travel or festive periods on request.
    • Interest Rates and Finance Charges
      • APR (Annual Percentage Rate): Charged on outstanding balances and cash advances; usually ranges between 36–42% annually.
      • Daily Interest Accrual: Interest on unpaid balances is calculated daily and billed monthly.
      • Cash Withdrawal Interest: Interest on ATM withdrawals begins from the date of transaction with no grace period.
    • Fees and Charges Structure
      • Annual/Renewal Fees: Applies yearly unless reversed based on spending milestones.
      • Late Payment Fee: Tiered based on the outstanding bill amount.
      • Over-limit Fee: Imposed if the cardholder exceeds the approved credit limit.
    • Billing Cycle Management
      • Fixed Billing Date: Card is assigned a specific billing date at the time of issuance.
      • Grace Period: An interest-free period of up to 50 days may be offered.
    • EMI Capabilities and Conversion Factors
      • Merchant EMI Option: Eligible for EMI transactions at partnered outlets.
      • Post-Purchase EMI: Cardholders may convert large purchases into EMIs using the Axis Bank mobile app or net banking.

    Frequently Asked Questions (FAQs)

    What are the key features of the Axis Bank Privilege Credit Card?
    Premium lifestyle benefits, reward points on spends, complimentary airport lounge access, discounts on dining, shopping, and travel, along with insurance covers such as air accident and purchase protection.
    What is the joining fee and annual fee?
    The card may include a one-time joining fee and an annual fee. However, these may be waived based on your annual spending. Please check the latest Axis Bank offer for updated fee details.
    How can I earn reward points?
    You can earn 4 reward points per ₹100 spent, with bonus points on categories like dining, groceries, and international transactions. Specific earn rates may vary by merchant and category.
    Does the card offer airport lounge access?
    Yes, the card offers complimentary access to select domestic and international lounges through programs like Priority Pass or DreamFolks. Free visits are limited per calendar quarter.
    Are there any dining benefits?
    Yes, cardholders enjoy discounts at partner restaurants under the Axis Bank Dining Delights program, including exclusive privileges with premium dining brands.
    What insurance covers are available with this card?
    The card provides air accident insurance (up to ₹1 crore), lost card liability coverage, purchase protection, and extended warranty benefits.
    Is there a fuel surcharge waiver?
    Yes, a 1% fuel surcharge waiver is available at petrol pumps, subject to terms and applicable transaction limits.
    What is the interest rate and grace period?
    The typical interest rate is ~3.4% per month (approximately 40.8% annually). You can enjoy up to 50 days of interest-free period if the total outstanding is paid by the due date.
    How can I redeem my reward points?
    Reward points can be redeemed through the Axis Edge Rewards portal for flight and hotel bookings, gift vouchers, merchandise, or cashback.
    How do I check eligibility and apply for the card?
    Eligible applicants include salaried or self-employed individuals with a good credit score (preferably 750+). You can apply online on Axis Bank’s website or visit the nearest branch.

    List of Axis Bank Privilege Credit Card Branches in Tamil Nadu

    • Tamil Nadu (Chennai - Padi)
    • Tamil Nadu (Chennai - Pallikaranai)
    • Tamil Nadu (Chennai - Perambur)
    • Tamil Nadu (Chennai - Periyar Nagar)
    • Tamil Nadu (Chennai - Perungudi)
    • Tamil Nadu (Chennai - Pondy Bazaar)
    • Tamil Nadu (Chennai - Poonamallee)
    • Tamil Nadu (Chennai - Porur)
    • Tamil Nadu (Chennai - Purasawalkam)
    • Tamil Nadu (Chennai - R A Puram)
    • Tamil Nadu (Chennai - Ramapuram)
    • Tamil Nadu (Chennai - Redhills)
    • Tamil Nadu (Chennai - Royapuram)
    • Tamil Nadu (Chennai - Saidapet)
    • Tamil Nadu (Chennai - Saligramam)
    • Tamil Nadu (Chennai - Shenoy Nagar)
    • Tamil Nadu (Chennai - Sowcarpet)
    • Tamil Nadu (Chennai - Srirangam)
    • Tamil Nadu (Chennai - Sterling Road)
    • Tamil Nadu (Chennai - T Nagar)