Axis Bank
Axis Privilege Credit Card
Lifetime-free offer on premium card
₹1,500/yr annual fee · 10x rewards
By FinWiz24 Research Desk · Last reviewed · How we review
FinWiz24 Research Desk
Verified independently against issuer Terms & Conditions
Editorial Team
Annual fee
₹1,500/yr
Reward rate
10x
Min. income
₹5,00,000
Forex markup
3.5%
Lounge access
Domestic only
Eligibility
Not published
Reward cap
No published cap
Welcome benefit
12,500 EDGE Reward Points worth Rs 2,500 vouchers upon levy of joining fees plus first transaction within 30 days
Axis Privilege is now offered lifetime free, earns 10 EDGE Reward Points per Rs 200, gives 2 domestic lounge visits a quarter and reverses the Rs 1,500 fee on Rs 5 lakh spends.
Who is this for
- Rewards optimiser
- Fee-averse spender
- Frequent traveller
What we like
- Free domestic lounge visits
- Welcome benefit on fee payment
Watch out for
- 3.5% foreign-transaction markup
- ₹1,300 late-payment fee
- 500% cash-advance fee
Issuer
Headquarters
Mumbai, Maharashtra
Established 1993
Website
www.axisbank.comFees and charges
| Fee | Amount | Waiver |
|---|---|---|
| Joining fee | ₹0 | Not waivable |
| Annual fee | ₹1,500 | Currently offered NIL 2nd-year fee (limited period); standard Rs 1,500 annual fee reversed on Rs 5 lakh spends in the previous anniversary year |
| Forex markup | 3.5% | Not waivable |
| Fuel surcharge | 1% | 1% surcharge refunded on fuel between Rs 400 and Rs 4,000, max Rs 400 per statement cycle; no reward points on fuel |
| Late payment | ₹1,300 | Not waivable |
| Over-limit fee | ₹500 | Not waivable |
| Cash advance | 500% of amount | Not waivable |
Rewards
| Spend category | Rate | Cap | Redemption |
|---|---|---|---|
| All spends | 10 EDGE Reward Points on every Rs 200 spent domestically/internationally; insurance, rent, fuel, education, utilities… | — | Value chart: 12,500 points = Rs 2,500 vouchers (approx Rs 0.20 per point) |
Benefits
-
Domestic lounge access Highlight
2 complimentary Mastercard-affiliated domestic lounge visits per calendar quarter; Rs 50,000 spends in prior 3 months required for access
-
Welcome activation benefit Highlight
12,500 EDGE Reward Points worth Rs 2,500 vouchers upon levy of joining fees plus first transaction within 30 days
-
Annual milestone
Additional 10,000 EDGE Reward Points worth Rs 2,000 on Rs 2.5 lakh spends in a card anniversary year
-
Fuel surcharge refund
1% fuel surcharge refund on transactions Rs 400 to Rs 4,000, capped Rs 400 per statement cycle
-
BOGO movie tickets
100% off second movie ticket via District app, up to Rs 250 off once a month (code AXISPRIVILEGE, wef 20 June 2025)
Eligibility
- Age
- 18–70 years
- Documents
- Indian residents; PAN/Form 97, proof of income (payslip/Form 16/ITR) and residence proof; bank's approval discretion applies.
Read the full application walkthrough: Axis Privilege Credit Card apply guide.
Fees and charges
- Joining fee: Rs 0 — Current joining fee NIL (limited-period offer)
- Annual fee: Rs 1,500 — Currently offered NIL 2nd-year fee (limited period); standard Rs 1,500 annual fee reversed on Rs 5 lakh spends in the previous anniversary year
- Forex markup: 3.5% — Plus 3.5% DCC markup on INR-denominated international transactions
- Fuel surcharge: 1% — 1% surcharge refunded on fuel between Rs 400 and Rs 4,000, max Rs 400 per statement cycle; no reward points on fuel
- Late payment fee: Rs 1,300 — Slabbed: Rs 500 to Rs 1,300 by total due; extra Rs 100 if minimum amount due missed two cycles
- Over-limit fee: Rs 500 — 2.5% of over-limit amount, min Rs 500
- Cash advance fee: Rs 500 — 2.5% of cash amount, min Rs 500
Rewards
- ALL: 10 EDGE Reward Points on every Rs 200 spent domestically/internationally; insurance, rent, fuel, education, utilities, government, wallet, gold & jewellery, gift cards, bridge/road/toll excluded Redemption: Value chart: 12,500 points = Rs 2,500 vouchers (approx Rs 0.20 per point).
Benefits
- Domestic lounge access: 2 complimentary Mastercard-affiliated domestic lounge visits per calendar quarter; Rs 50,000 spends in prior 3 months required for access
- Welcome activation benefit: 12,500 EDGE Reward Points worth Rs 2,500 vouchers upon levy of joining fees plus first transaction within 30 days
- Annual milestone: Additional 10,000 EDGE Reward Points worth Rs 2,000 on Rs 2.5 lakh spends in a card anniversary year
- Fuel surcharge refund: 1% fuel surcharge refund on transactions Rs 400 to Rs 4,000, capped Rs 400 per statement cycle
- BOGO movie tickets: 100% off second movie ticket via District app, up to Rs 250 off once a month (code AXISPRIVILEGE, wef 20 June 2025)
Eligibility
- Age: 18-70 years Indian residents; PAN/Form 97, proof of income (payslip/Form 16/ITR) and residence proof; bank’s approval discretion applies.
Terms last reviewed 3 Sept 2026 against issuer-published schedules.
Issuer: Axis Bank. FinWiz24 may earn a commission from application links; scoring is unaffected — see our affiliate disclosure.
Step-by-step application guide: Read the Axis Privilege Credit Card apply walkthrough →
Apply for Axis Privilege Credit Card
Last reviewed · How we review
FinWiz24 may earn a commission from issuer links. Our editorial process is independent and unbiased.
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Frequently asked questions
Is the Axis Privilege Credit Card worth it?
What is the annual fee for the Axis Privilege Credit Card?
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Does the Axis Privilege Credit Card offer airport lounge access?
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