Axis Bank Privilege Credit Card
Fees
₹1,500 + Taxes
Joining & annual
Reward Rate
10 EDGE reward points per ₹200 spent on retail purchases
Welcome Bonus
₹5,000 multi-brand shopping vouchers on achieving ₹2.5 Lakh annual spend milestone
Lounge
8 Domestic/yr (2/Qtr)
Our Expert Take
The Axis Bank Privilege Credit Card offers 10 EDGE reward points per ₹200, ₹5,000 multi-brand shopping vouchers, and airport lounge access.
Reward limits
Checked 11 Oct 2026 · Bank terms
-
10 EDGE points per ₹200
No limit
Pros & Cons
Key Advantages
- 10 EDGE reward points per ₹200 spent on all retail transactions
- Double reward points (20 EDGE points per ₹200) on domestic & international travel
- ₹5,000 worth of shopping vouchers on card activation & milestone completion
- 2 complimentary domestic airport lounge access visits per quarter
- Annual fee waiver on ₹2.5 Lakh annual spends
Limitations
- ₹1,500 annual fee charged upfront
- Standard reward point value for cash credit is ₹0.20 per point
- Lounge access subject to quarterly spend criteria
Key Perks & Spending Milestones
10 EDGE reward points per ₹200 spent on retail purchases
20 EDGE reward points per ₹200 spent on travel transactions
2 complimentary domestic airport lounge access visits per calendar quarter
Multi-brand shopping vouchers worth ₹5,000 on achieving spend milestones
1% fuel surcharge waiver on transactions between ₹400 and ₹4,000
Up to 50 days of interest-free credit period
Spend milestone
Multi-brand gift vouchers worth ₹5,000 on annual retail spends of ₹2.5 Lakh
Spend milestone
Annual fee waived on retail spends of ₹2.5 Lakh in a membership year
Fees & Charges
Joining fee
₹1,500 + Taxes
Annual fee
₹1,500 + Taxes
Annual fee waived on ₹2.5 Lakh annual retail spends
Interest rate
3.6% per month (43.2% per annum)
Late payment fee
- Up to ₹500
- Nil
- ₹501 to ₹1,000
- ₹500
- ₹1,001 to ₹5,000
- ₹750
- ₹5,001 to ₹10,000
- ₹1,000
- ₹10,001 to ₹25,000
- ₹1,200
- ₹25,001 to ₹50,000
- ₹1,200
- Above ₹50,000
- ₹1,200
Insurance & Protection Benefits
air accident cover
Up to ₹2.5 Crore
lost card liability
Up to ₹3 Lakh
purchase protection
Up to ₹50,000
emergency medical cover
Nil
Eligibility Criteria
salaried minimum income
₹50,000 per month
self employed ITR
₹6 Lakh per annum
age
21 to 70 years
Credit score & income
Good (730+)
Frequently Asked Questions
What's the reward rate on Axis Bank Privilege?
How many lounge visits does Axis Privilege offer?
Compare Axis Bank Privilege Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| Axis Bank Privilege Credit Card This Card | ₹1,500 + Taxes | 10 EDGE reward points per ₹200 spent on retail purchases | 8 Domestic/yr (2/Qtr) | 4.3/5 |
| Tata Neu Infinity SBI Card | ₹1,499 + Taxes | 5% NeuCoins on Tata Neu App/Website + partner brands, up to 10% on... | 2 Domestic/Qtr (₹75K Spend) + 4 Int'l/yr | 4.7/5 |
| American Express Membership Rewards® Credit Card | ₹1,000 + Taxes | 1 Membership Rewards Point per ₹50 spent (excl. fuel, utility,... | No Lounge Access | 4.6/5 |
| IDFC FIRST Business Multiplier Credit Card | ₹2,999 + Taxes | 10 Reward Points per ₹200 spent, up to ₹1 Lakh monthly spend; 5... | 8/yr Domestic + International (₹20K Spend) | 4.6/5 |