Axis Bank Privilege Credit Card

Following are the key highlights of Axis Privilege credit card benefits:

• Activation benefit of 12,500 eDGE reward points, redeemable against vouchers worth Rs.2500.
• Get 10,000 EDGE REWARD Points on achieving spends of Rs. 2.5 lakhs in a card anniversary year
• Up to 8 complimentary (2 per quarter) domestic lounge access for primary Card holder will be based on minimum spends of INR 50,000 in the previous 3 month. In the case of a newly issued card, the minimum spend criteria is waived off for the month of issuance as well as for the following 3 months.
• 10 Axis EDGE Reward points on every Rs. 200 spent on the credit card domestically/internationally.
• 1% Fuel surcharge waiver on spends at all fuel stations across India
• The minimum spends criteria for annual fee waiver of Rs. 1,500 has been revised from Rs. 2.5 lakhs to Rs. 5 lakhs in a card anniversary year, For Priority account holders – Activation benefit is 6250 points redeemable for Rs. 2500 and First year fee waiver

Following are the fees and charges associated with the Privilege credit card Axis Bank:

• Joining fee: Rs. 1,500. Nil for Priority Customers
• Annual fee: Rs. 1,500. The annual fee is reversed on annual spending of above Rs. 2,50,000.
• Joining and annual fee for Add-on card: Nil
• Card replacement fee: Rs. 100.
• Cash payment fee: Rs. 100.
• Finance charges for retail purchases & cash: 3.40% per month (49.36% p.a.).
• Cash withdrawal fee: 2.5% (minimum Rs. 500) of the cash amount.
• Overdue penalty/ late payment fee: Nil to up to Rs. 1,000, depending on the total payment due.
• Over limit penalty: 2.5% of the over-limit amount (minimum Rs. 500).
• Cheque return/ dishonor/ auto-debit reversal fee: 2% of the payment amount (minimum Rs. 450).
• Foreign currency transaction fee: 3.50% of the transaction value.
• Surcharge on purchase/ cancellation of Railway Tickets: As prescribed by IRCTC/Indian Railways.

NOTE: GST, as notified by the Government of India, will be applicable on all fees, interest and other charges mentioned above, and is subject to change according to relevant regulations of the Government of India.

Following are the detailed eligibility criteria for Privilege Card Axis Bank:

• Individuals should be aged between 18 and 70 years to be eligible for the card.
• Add-on cardholder (if any) should be over 18 years of age.
• Individuals should be an Indian resident.
• To be eligible for this card, the applicant should be earning a net income of at least Rs. 6 Lakhs per annum.

Following are the documents required for the Axis Bank Privilege credit card:

• A photocopy of the applicant’s PAN card or Form 60 as proof of identity.
• Passport, Driving License, Ration Card, Electricity Bill, or Landline Telephone Bill (any one) is suitable for proof of residence.
• Copy of latest Payslip, Form 16, or Income Tax Return as income proof.

NOTE: The above list is only indicative. Documents requirements may vary on a case-to-case basis.

You can apply for an Axis Bank Privilege credit card through Banking vidhya

• You can apply now by clicking the “Apply Now” button.
• You will be redirected to the Axis Bank website.
• Choose “Yes” or “No” for existing or new Axis Bank customers.
• Fill in the required details and submit.

The Axis Privilege credit card limit can vary from Rs. 25,000 to Rs. 5 Lakhs, depending on the CIBIL score of the applicant. You can request an increase in your Axis Bank Privilege credit card limit after one year of diligent usage.

Axis Bank Privilege credit card offers 10 Axis EDGE REWARD Points on spending every Rs. 200 domestically as well as internationally. The earned reward points can be redeemed against multi-brand vouchers and other things. You can open Axis EDGE REWARDs Catalogue online to view all the redemption options.

Apart from Axis Bank World Privilege credit card, Axis Bank offers the following credit cards:

• Flipkart Axis Bank Credit Card
• Axis Bank MY Zone Credit Card
• Axis Bank Neo Credit Card
• Axis Bank Select Credit Card
• IndianOil Axis Bank Credit Card
• Axis Bank Rewards Credit Card
• Axis Bank Atlas Credit Card
• Airtel Axis Bank Credit Card
• SpiceJet Axis Bank Voyage Credit Card
• SpiceJet Axis Bank Voyage Black Credit Card
• Axis Bank Magnus Credit Card
• Axis Bank Reserve Credit Card
• Axis Bank Vistara Credit Card
• Axis Bank Vistara Signature Credit Card
• Axis Bank Vistara Infinite Credit Card
• Miles and More Axis Bank Credit Card
• Axis Bank AURA Credit Card
• Axis Bank Freecharge Credit Card
• Axis Bank Freecharge Plus Credit Card
• Axis Bank ACE Credit Card
• Axis Bank Pride Platinum Credit Card
• Axis Bank Pride Signature Credit Card
• Axis Bank MY Zone Easy Credit Card
• Privilege Easy Credit Card
• Axis Bank Signature Credit Card with Lifestyle Benefits
• Axis Bank Platinum Credit Card
• Titanium Smart Traveler Credit Card
• Axis Bank My Wings Credit Card