Axis Bank Privilege Credit Card Benefits, Eligibility, Review, Reward Points, The Axis Bank Privilege Credit Card is a premium credit card offered by Axis Bank, a leading private sector bank in India. Here are some key features and benefits of the Axis Bank Privilege Credit Card:
Features:
- The card offers a welcome bonus of 12,500 Axis eDGE Reward points.
- Cardholders earn 10 Axis eDGE Reward points for every Rs. 200 spent on the card.
- Cardholders can enjoy complimentary access to select airport lounges in India.
Benefits:
- Cardholders can enjoy discounts and offers on dining, shopping, and travel.
- The card offers fuel surcharge waivers on fuel transactions of up to Rs. 400 per month.
- Cardholders can convert their high-value transactions into easy monthly instalments using the EMI facility.
The card comes with a zero liability feature, which means that if the card is lost or stolen, the cardholder is not liable for any fraudulent transactions made on the card.
To apply for the Axis Bank Privilege Credit Card, you can visit the Axis Bank website or visit the nearest Axis Bank branch.
Axis Bank Privilege Credit Card Benefits, Eligibility, Review, Reward Points
Axis Privilege Credit Card Benefits
The Axis Bank Privilege Credit Card is a premium credit card that offers a range of benefits to cardholders. Here are some of the key benefits of the Axis Bank Privilege Credit Card:
Activation Benefit:
- 1. 12,500 eDGE REWARD Points will be credited to eDGE REWARDS account after payment of full Joining fees of Rs. 1,500 + GST and completion of 1st card transaction within 30 days of card setup.
- 2. Using this benefit, the credited eDGE Reward Points may be redeemed against 2 Multi brand vouchers of Rs. 2,500 each. (Above mentioned eDGE Reward Points may take up to a month from the date of card setup to reflect in the card holder’s eDGE REWARDS account)
- 4. Card holders can redeem the eDGE Reward Points by logging into www.edgerewards.axisbank.co.in or on Axis Bank Mobile app.
Milestone Benefit:
- 1. This Benefit is applicable only when you spend sum of Rs. 2.5 Lakh on your card for current financial year.
- 2. In this benefit, credit card holders are entitled to redeem Multi brand vouchers worth twice the value of the earned eDGE Reward Points ie. Rs 5,000.
Access Numerous Airport lounges
- 2 complementary access per calendar quarter on selected lounges only.
Dining Delights:
- 1. Get Rs.1000* off & more across 10,000+ restaurants via EazyDiner only with Axis Bank Credit & Debit Cards.
- 2. Axis Bank Credit Cards Offer: 25% off up to Rs.800, Minimum Order Value Rs.2000, Valid Twice per card per month.
Earn Axis Edge Reward:
1. 10 points on every 200 Rs. Spent via credit card domestically/internationally. (Excluded: Insurance, Fuel, Rent, Utility, Goveronment MCC, Education Services)
Insurance Benefit:
- 1. Purchase Protection Plan up to 1 lac.
- 2. Travel Document loss cover upto 300 USD
- 3. Delay and loss of Check in baggage cover up to 300 and 500 USD respectively.
Reward Points:
Cardholders earn 10 Axis eDGE Reward points for every Rs. 200 spent on the card. These points can be redeemed for a wide range of rewards, including vouchers, merchandise, and air miles.
Lounge Access:
Cardholders can enjoy complimentary access to select airport lounges in India. The number of complimentary lounge visits varies based on the cardholder’s spending pattern.
Travel Benefits:
Cardholders can enjoy discounts and offers on travel bookings, including flights, hotels, and car rentals. Additionally, the card comes with a complimentary air accident insurance cover of up to Rs. 2.5 crore.
Dining Benefits:
Cardholders can enjoy discounts and offers on dining at select restaurants across India.
Fuel Surcharge Waiver:
The card offers a fuel surcharge waiver on fuel transactions of up to Rs. 400 per month.
EMI Facility:
Cardholders can convert their high-value transactions into easy monthly installments using the EMI facility.
Zero Liability:
The card comes with a zero liability feature, which means that if the card is lost or stolen, the cardholder is not liable for any fraudulent transactions made on the card.
These are some of the main benefits of the Axis Bank Privilege Credit Card. Please note that the specific benefits and features may vary based on the cardholder’s spending pattern and other factors.
Axis Privilege Credit Card Reward Points
The Axis Bank Privilege Credit Card offers reward points on every purchase made using the card. Here are the details of how reward points are earned and how they can be redeemed:
Earning Reward Points:
Cardholders earn 10 Axis eDGE Reward points for every Rs. 200 spent using the Axis Bank Privilege Credit Card. These reward points are credited to the cardholder’s account at the end of each billing cycle.
Redemption of Reward Points:
Cardholders can redeem their accumulated reward points for a wide range of rewards, including vouchers, merchandise, and air miles. The redemption options are available on the Axis eDGE Rewards portal or through the Axis Mobile App.
Value of Reward Points:
The value of each reward point varies depending on the redemption option chosen by the cardholder. For example, if a cardholder chooses to redeem reward points for air miles, the value of each reward point may vary based on the airline and the destination.
Expiry of Reward Points:
The reward points earned on the Axis Bank Privilege Credit Card have a validity of 3 years from the date of accumulation. It is important to note that once the reward points expire, they cannot be redeemed.
Bonus Reward Points:
In addition to the regular reward points, the Axis Bank Privilege Credit Card also offers bonus reward points to cardholders for specific transactions or spending patterns. These bonus reward points are credited to the cardholder’s account separately.
These are the main details regarding the reward points earned on the Axis Bank Privilege Credit Card. It is important to review the specific terms and conditions of the card to understand the exact details and benefits offered.
Axis Bank Privilege Credit Card Eligibility
To be eligible for the Axis Bank Privilege Credit Card, you need to meet certain criteria set by the bank. Here are the eligibility criteria for the Axis Bank Privilege Credit Card:
- Age: The primary cardholder should be between 18 to 70 years of age.
- Income: The applicant should have a minimum income of Rs. 6 lakhs per annum.
- Credit Score: The applicant should have a good credit score and a credit history without any defaults or late payments.
- Nationality: The applicant should be an Indian citizen or a Non-Resident Indian (NRI).
- Employment: The applicant should be salaried or self-employed.
It is important to note that meeting the eligibility criteria does not guarantee approval of the credit card application. The bank may review additional factors such as the applicant’s creditworthiness, income stability, and other financial and personal details before approving the credit card application.
Axis Bank Privilege Credit Card Movie Offers
The Axis Bank Privilege Credit Card offers movie offers and discounts to its cardholders. Here are the details of the movie offers available on the card:
BookMyShow Offer:
Cardholders can avail of a buy-one-get-one-free offer on movie tickets booked through BookMyShow. The offer is valid on a maximum of four tickets per month and can be availed on any day of the week.
Inox Offer:
Cardholders can enjoy a discount of up to Rs. 100 on movie tickets booked through Inox. The offer is valid on a maximum of two tickets per month and can be availed on any day of the week.
Cinepolis Offer:
Cardholders can avail of a buy-one-get-one-free offer on movie tickets booked through Cinepolis. The offer is valid on a maximum of two tickets per month and can be availed on any day of the week.
To avail of these movie offers, cardholders need to use their Axis Bank Privilege Credit Card to make the payment for the movie tickets. It is important to note that the specific terms and conditions of the movie offers may vary based on the cinema chain and the availability of the offer. It is recommended to check the details of the offer before availing of it.
Axis Privilege Credit Card Annual Fee
The Axis Bank Privilege Credit Card comes with an annual fee and joining fee. Here are the details of the fees associated with the card:
- Joining Fee: The joining fee for the Axis Bank Privilege Credit Card is Rs. 1,500. This fee is charged to the cardholder at the time of card activation.
- Annual Fee: The annual fee for the Axis Bank Privilege Credit Card is Rs. 1,500. This fee is charged to the cardholder at the beginning of the second year of card membership and every subsequent year thereafter.
- It is important to note that the fees associated with the card may change from time to time, and it is recommended to review the latest fees before applying for the card or renewing the card membership. Additionally, the bank may offer fee waivers or other benefits to cardholders based on their spending patterns or other factors.
Axis Bank Privilege Credit Card Customer Care
If you have any queries or issues related to the Axis Bank Privilege Credit Card, you can contact the Axis Bank customer care. Here are the details of the customer care options available for the card:
- Phone: You can call the Axis Bank customer care number at 1860-419-5555 or 1860-500-5555 from your registered mobile number.
- Email: You can email your queries or complaints to the Axis Bank customer care at customer.service@axisbank.com.
- Chat: You can also use the chat option available on the Axis Bank website or the Axis Mobile App to get in touch with the customer care.
- Branch Visit: You can visit the nearest Axis Bank branch to get assistance with any queries related to the credit card.
It is important to keep your credit card details handy while contacting the customer care to help them identify and resolve your queries faster. Additionally, it is recommended to review the specific terms and conditions of the card to understand the exact details and benefits offered.
Axis Bank Privilege Credit Card Cash Withdrawal Limit
The Axis Bank Privilege Credit Card allows cardholders to withdraw cash from ATMs. However, cash withdrawals are subject to certain limits, which may vary based on the cardholder’s creditworthiness and other factors. Here are some of the details of the cash withdrawal limit on the Axis Bank Privilege Credit Card:
Cash Withdrawal Limit:
The cash withdrawal limit on the Axis Bank Privilege Credit Card is usually a percentage of the credit limit assigned to the cardholder. This percentage may vary based on the cardholder’s creditworthiness and other factors.
Cash Advance Fee:
A cash advance fee of 2.5% of the amount withdrawn or Rs. 500 (whichever is higher) is charged for cash withdrawals made using the Axis Bank Privilege Credit Card.
Interest Charges:
Interest charges are applicable on the cash withdrawal amount from the date of the transaction until the date of repayment. The interest rate may be higher compared to the interest rate charged on regular purchases made using the card.
It is important to note that cash withdrawals using a credit card should be used sparingly as they may lead to high-interest charges and can impact the credit score. Additionally, it is recommended to review the specific terms and conditions of the card to understand the exact details and benefits offered.
Axis Bank Privilege Credit Card Charges
The Axis Bank Privilege Credit Card comes with several charges that may be applicable to the cardholder depending on their usage of the card. Here are some of the charges that may be applicable to the Axis Bank Privilege Credit Card:
Joining Fee:
The joining fee for the Axis Bank Privilege Credit Card is Rs. 1,500. This fee is charged to the cardholder at the time of card activation.
Annual Fee:
The annual fee for the Axis Bank Privilege Credit Card is Rs. 1,500. This fee is charged to the cardholder at the beginning of the second year of card membership and every subsequent year thereafter.
Cash Advance Fee:
A cash advance fee of 2.5% of the amount withdrawn or Rs. 500 (whichever is higher) is charged for cash withdrawals made using the Axis Bank Privilege Credit Card.
Late Payment Fee:
A late payment fee is charged if the cardholder fails to pay the minimum amount due on the card within the due date. The late payment fee may vary based on the outstanding balance on the card.
Over Limit Fee:
An over-limit fee is charged if the cardholder exceeds the credit limit assigned to the card. The over-limit fee may vary based on the extent of the credit limit exceeded.
Foreign Currency Transaction Fee:
A foreign currency transaction fee is charged for transactions made in a foreign currency. The fee is usually a percentage of the transaction amount and may vary based on the currency and location of the transaction.
It is important to note that the specific charges applicable to the Axis Bank Privilege Credit Card may vary based on the cardholder’s usage of the card and other factors. It is recommended to review the specific terms and conditions of the card to understand the exact details and charges applicable.
Axis Bank Privilege Credit Card Review
The Axis Bank Privilege Credit Card is a premium credit card that offers a range of features and benefits to its cardholders. Here’s a quick review of the card based on its features and customer feedback:
Pros:
- The card offers a welcome bonus of 12,500 Axis eDGE Reward points to new cardholders.
- Cardholders earn 10 Axis eDGE Reward points for every Rs. 200 spent on the card.
- The card comes with a range of travel benefits, including complimentary access to select airport lounges, discounts on travel bookings, and air accident insurance cover.
- Cardholders can enjoy discounts and offers on dining, shopping, and entertainment.
- The card offers a fuel surcharge waiver on fuel transactions of up to Rs. 400 per month.
- The card comes with a zero liability feature, which means that if the card is lost or stolen, the cardholder is not liable for any fraudulent transactions made on the card.
Cons:
- The annual fee and joining fee for the card may be higher compared to other credit cards in the market.
- The eligibility criteria for the card may be restrictive, as it requires a minimum income of Rs. 6 lakhs per annum.
- Overall, the Axis Bank Privilege Credit Card is a good option for individuals who have a high spending capacity and can benefit from the card’s features and benefits. However, it is important to review the specific terms and conditions of the card and compare it with other credit cards in the market before applying for the card.