Axis Bank Privilege Credit Card
Best for mid-tier rewards with milestone (10,000 points at Rs 2.5 lakh/yr). 10 EDGE Reward points per Rs 200; up to Rs 0.20 per point
Terms as of 2026-09-28 · Checked 30 September 2026Axis Bank Privilege Credit Card at a glance
Who it suits: Mid-tier rewards with milestone (10,000 points at Rs 2.5 lakh/yr)
Rewards & cashback
| Details | |
|---|---|
| How you earn | 10 EDGE Reward points per Rs 200; up to Rs 0.20 per point |
| Caps & exclusions | No earning cap stated; gift cards and tolls excluded from rewards from 28 Aug 2026; DCC markup raised to 3.5% |
| Welcome benefit | 12,500 EDGE points |
Yearly reward value at base rate
| Spend | Rewards (base rate) | Net of annual fee + GST |
|---|---|---|
| ₹1,20,000 / year | ₹1,200 | -₹570 |
| ₹3,00,000 / year | ₹3,000 | ₹1,230 |
| ₹6,00,000 / year | ₹6,000 | ₹4,230 |
| ₹12,00,000 / year | ₹12,000 | ₹10,230 |
Base rate only; accelerated categories raise the value, caps and excluded categories (rent, fuel, wallet, utilities etc. on many cards) lower it.
Travel, lounge & fuel benefits
| Benefit | Details |
|---|---|
| Airport lounge | 2 domestic lounge visits/quarter with Rs 50,000 quarterly spend |
| Fuel surcharge | 1% waiver, max Rs 400/month |
Fees & charges
| Charge | Amount |
|---|---|
| Joining fee | ₹1,500 + GST |
| Annual / renewal fee | ₹1,500 + GST |
| Fee waiver | Lifetime free offer on Amex variant 1 Sep-31 Oct 2026 |
| Finance charge | Typically about 3.5%–3.75% per month on revolved balances (lower on some premium and secured cards) — see MITC |
| Cash withdrawal | Usually 2.5% (min ₹500) + interest from day one |
| Late payment | Slab-based, only if unpaid more than 3 days past due |
| GST | 18% on all fees and interest |
Is it worth it for you?
Eligibility & documents
| Criterion | Details |
|---|---|
| Age | 18-70 (card-specific) |
| Credit score | 750+ improves approval chances |
Similar cards
| Card | Issuer | Joining / annual fee | Reward rate | Best for |
|---|---|---|---|---|
| Standard Chartered Ultimate | Standard Chartered | ₹5,000 / ₹5,000 | 3.33% base value | High flat reward rate on all spends |
| HDFC Bank Diners Club Black Metal Edition | HDFC Bank | ₹10,000 / ₹10,000 | 3.33% base value | High spenders wanting uncapped-lounge premium card below Infinia |
| HDFC Bank Infinia Credit Card Metal Edition | HDFC Bank | ₹12,500 / ₹12,500 | 3.33% base value | Super-premium, high-spend travellers (invite-only) |
| Standard Chartered Beyond | Standard Chartered | ₹15,000 / ₹25,000 | 3.33% base value | Affluent Priority Banking clients |
| ICICI Bank Emeralde Private Metal | ICICI Bank | ₹12,499 / ₹12,499 | 3.00% base value | Super-premium spenders wanting unlimited lounges and hotel memberships |
| HSBC Premier | HSBC India | ₹12,000 / ₹20,000 | 3.00% base value | HSBC Premier banking customers |
Frequently asked questions
What is the annual fee of the Axis Bank Privilege Credit Card?
Joining fee ₹1,500 and annual fee ₹1,500 (plus 18% GST). Lifetime free offer on Amex variant 1 Sep-31 Oct 2026.
What rewards does it offer?
10 EDGE Reward points per Rs 200; up to Rs 0.20 per point Caps/exclusions: No earning cap stated; gift cards and tolls excluded from rewards from 28 Aug 2026; DCC markup raised to 3.5%
Does it give airport lounge access?
2 domestic lounge visits/quarter with Rs 50,000 quarterly spend
Is the Axis Bank Privilege Credit Card good for me?
Best for: Mid-tier rewards with milestone (10,000 points at Rs 2.5 lakh/yr). Compare the net value after fees with how and where you actually spend — the calculator on this page helps.
Source: www.paisabazaar.com, 2026-09-28. Card benefits change frequently — confirm the latest Most Important Terms & Conditions (MITC) on Axis Bank’s website before applying. FinancePortal is not affiliated with the issuer.