Axis Bank Privilege Credit Card Offers & Benefits

Axis Bank Privilege Credit Card
Credithita Rating : 4.5

Axis Bank Privilege Credit Card

Rewards Rate
  • 10 points for every ₹200 spent.
SignUp Bonus
  • The Axis Bank Privilege Cedit Card comes with an activation benefit of Yatra voucher worth ₹5,000
Fee
₹1,500
Milestone Bonus
  • On spending ₹2.5 Lakh in a year, the cardholder can get Yatra vouchers worth double the eDGE reward points accumulated
Card Brand

Key Details of Axis Bank Privilege Credit Card

  • The Axis Bank Privilege Cedit Card comes with an activation benefit of Yatra voucher worth ₹5,000 and 8 complimentary lounge access at selected domestic airports
  • On spending ₹2.5 Lakh in a year, the cardholder can get Yatra vouchers worth double the eDGE reward points accumulated.
  • 10 Points on every ₹200 spend
  • Convert your Credit Card purchase of ₹2,500 or more into EMI
  • 1% Fuel Surcharge Waiver on monthly fuel spends
  • Up to 20% discount on select restaurants which come with the Dining Delights scheme.
  • Every instance of card renewal would give you up to 3,000 eDGE reward points
  • 2.5% fuel surcharge waiver, for a minimum transaction amount of ₹400 and a maximum of ₹4000. Maximum benefits upto ₹400 per month
  • The card also offers air accident cover of up to Rs. 2.5 Crore. Purchase protection covers and credit shield cover of 1 Lakh each are also offered to the user.

Fee Details of Axis Bank Privilege Credit Card

  • Joining Fee - ₹1,500
  • Renewal Fee - ₹1,500
Cash withdrawal Interest
3.4% per month
Purchase Interest
3.4% per month

Charges of Axis Bank Privilege Credit Card

Fee Type Charges
Cash withdrawal fee 2.5% on advanced amount, subject to minimum of ₹250
Late payment charges
  • Nil for up to ₹100
  • ₹100 for ₹101 to ₹300
  • ₹300 for between ₹301 to ₹1,000
  • ₹500 for between ₹1,001 to ₹5,000
  • ₹600 for between ₹5,001 to ₹20,000
  • ₹700 more than ₹20,001
Penalty for over limit 3% of the over limit amount or ₹500
Auto-debit reversal or cheque return or dishonour fee ₹300
Fee for foreign currency transaction 3.50% of the total transaction value
Cash payment fee ₹100
Eligibility of Axis Bank Privilege Credit Card
  • Applicant should be either self-employed or salaried.
  • Age should be between 21 and 65.
  • Good credit score.
  • The annual income must add up to ₹6 lakh.
  • Axis Bank require a minimum CIBIL score of 700 for issuing Credit Card.

Documentation for Axis Bank Privilege Credit Card

  • KYC documents
  • PAN card or Form 60
  • Income proof such as salary slip, Income tax returns Form 16
  • Proof of residence: Passport or driving license or ration card or electricity bill or Landline telephone bill
Accepted Documents
    Proof of Identity
  • PAN Card
  • Aadhaar Card
  • Voter’s ID Card
  • Passport
  • Driving Licence
    Proof of Address
  • Aadhaar Card
  • Passport
  • Utility bills (not more than 3 months old)
  • Any other government-approved ID
    Proof of Income
  • Bank statement for the last 3 months
  • Salary slips for the last 3 months
  • Audited financials for the last two years (for self-employed)
  • Form 16