Axis Bank Privilege Credit Card
A rewards card earning 10 EDGE REWARD Points per ₹200 (points valued at ₹0.20, about 1%), with 10,000 bonus points on ₹2.5 lakh of spend in a card year and domestic lounge visits; currently lifetime free on the American Express network. Every figure below is copied from Axis Bank’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-16.
Fees and charges
| Joining fee | Nil Product page |
|---|---|
| Annual fee | Nil Product page |
| Annual fee waiver | On ₹5,00,000 of spend in the year Product page |
| GST on fees | As applicable (18% assumed in calculations) |
| Foreign-currency markup | 3.5% of the transaction, plus GST Product page |
| Nil joining and annual fees are a limited-period offer on the American Express network; the MITC lists ₹1,500 joining and ₹1,500 annual (waived on ₹5 lakh of spend in the preceding card year). Fees are plus GST. | |
Rewards
Reward points, ₹0.20 each when redeemed as stated Product page.
| Spend | Earns | Cap |
|---|---|---|
| Eligible spends in India and abroad | 10 points per ₹200 Product page | no cap on record |
Gold and jewellery, gift cards and tolls earn nothing. The fee table says a reward redemption fee applies but does not state the amount.
No rewards on
- Insurance Product page
- Rent Product page
- Fuel Product page
- Educational services Product page
- Utilities and telecom Product page
- Government services Product page
- Wallet loads Product page
Benefits
- Lounges: 2 visits a calendar quarter to select domestic airport lounges — ₹50,000 of spend in the prior 3 months Product page
- Fuel: 1% fuel surcharge refunded on fills of ₹400 to ₹4,000, up to ₹400 a statement cycle Product page
- Welcome: 12,500 EDGE REWARD Points (redeemable for vouchers worth ₹2,500) on the first transaction within 30 days, only when the ₹1,500 joining fee is charged; not for free cards Terms
- Milestone: 10,000 EDGE REWARD Points worth ₹2,000 on ₹2.5 lakh of eligible spend in a card anniversary year Product page
Also on this card
Quoted from Axis Bank; not counted in the net value.
- District app: second movie ticket free, up to ₹250 off, once a month (from 1 Nov 2026 it needs ₹25,000 of spend in the previous 3 months) Product page
- Purchase protection up to ₹1 lakh, credit shield of ₹1 lakh and up to $500 baggage cover Product page
- Amex network offers: ₹150 off Zomato orders of ₹600 on Saturdays, once a month (till 30 Dec 2026) Terms
- Amex network offers: ₹150 off Blinkit orders above ₹1,500 on Saturdays, once a month (till 30 Dec 2026) Terms
- Transfer points to ITC, SpiceJet and AirAsia at 5 points = 1 partner point (10 points = 1 for other partners) Terms
Eligibility
- Primary cardholder aged 18 or above Product page
- Primary cardholder aged 70 or below Product page
- Indian resident Product page
The issuer publishes only part of its criteria; approval rests on its own assessment.
Not published by Axis Bank in the documents read
- a RuPay variant for UPI
- the amount of the reward redemption fee
- a minimum income
Where Axis Bank’s documents differ, and what is used
- Fees: the product page and the card listing show nil joining and annual fees as a limited-period, lifetime-free offer on the American Express network; the MITC lists ₹1,500 joining and ₹1,500 annual. The current offer is used; a card issued on another network, or after the offer ends, would cost ₹1,500 plus GST a year unless ₹5 lakh is spent.
The quotes behind the figures
32 figures, each copied from an official Axis Bank document.
Show every quote and source
“Standard Joining Fee ₹NIL (Limited period offer on Amex Network)”
“Standard Annual Fee (2nd year onwards) ₹NIL (Limited period offer on Amex Network)”
“Annual fee waiver on achieving spends of ₹5 lakhs in a card anniversary year.”
“Foreign Currency Transaction Fee 3.50% of the transaction value”
“Get an additional 10,000 EDGE REWARDS points worth ₹2000 by spending ₹2.5 lakhs in a card anniversary year.”
“10 points on every ₹200 spent on the credit card domestically/internationally.”
“Excluded spend categories for reward earn / spend based fee waiver: Transactions made on Utility & Telecom, Rent, Wallet, Government services, Insurance, Gold & Jewellery, Fuel, Educational services”
“Spends done on Insurance, rent, fuel, educational services, utilities and government MCC(merchant category codes), Wallet, Gold & Jewelry Gift Card, Bridge Fees, Road Fees and Tolls will not be eligible for earning EDGE REWARDS .”
“PRIVILEGE Credit Card 1,500 1,500 (Waived on spends of INR 5 lakhs in the preceding card anniversary year) Nil”
“Spends threshold for annual fee waiver will exclude transactions made on Utility & Telecom, Rent, Wallet, Government services, Insurance, Gold & Jewellery, Fuel, Educational services, Gift Card, Bridge Fees, Road Fees and Tolls”
“GST, as notified by the Government of India, is applicable on all fees, interest & other charges, and is subject to change as per relevant regulations of the Government of India.”
“Under this benefit, the credited EDGE REWARD Points may be redeemed against vouchers worth Rs. 2,500.”
“Reward Redemption fee Yes”
“50K spends in prior 3 months to be eligible for access”
“Free cards, first year free cards, and priority segment customers are not eligible for this benefit.”
“Annual fees of ₹1500 will be reversed on achieving spending* of ₹5 lakhs in the previous card anniversary year.”
“To be eligible for the "Buy one get one" free District offer, you need to spend INR 25,000 in the previous 3 months.”
“Finance Charges (Retail Purchases & Cash) 3.75% per month (55.55% per annum)”
“2 Complimentary access per calendar quarter to select domestic lounges with Axis Bank Privilege credit card.”
“Fuel Transaction Surcharge 1% of transaction amount (Refunded for fuel transactions between ₹400 and ₹4000)”
“Maximum benefits of up to ₹400 per statement cycle.”
“12,500 EDGE REWARD Points shall be credited to card holders' EDGE REWARDS account upon levy of full Joining fees of Rs. 1,500 + GST and on successful completion of 1st card transaction within 30 days from the date of card issuance.”
“Get up to ₹250 off, valid once a month”
“Purchase Protection Plan of up to ₹1 lakh Credit shield ₹1 lakh. Loss Travel Document Cover upto $300 Delay of Check-In Baggage Cover upto $300 Loss of Check-In Baggage Cover upto $500”
“Instant cashback of Rs.150 off on spends of Rs.600”
“Instant discount of Rs.150 on transactions above Rs.1500.”
“Select, Privilege & REWARDS credit card ITC, SpiceJet, AirAsia 5 EDGE REWARD Points = 1 Partner Point Other Partners 10 EDGE REWARD Points = 1 Partner Point”
“Best Seller Travel Fuel Shopping Food & Dining Entertainment AXIS BANK PRIVILEGE Credit Card”
“As a primary cardholder, you should be between 18 and 70 years of age.”
“You should be an Indian resident.”
“You should be an Indian resident. *The above criteria are only indicative. The bank reserves the right to approve or decline applications for credit card. Apply Now”
“Joining Fee: ₹NIL Annual Fee: ₹NIL (This card is currently Lifetime Free on Amex network) Know More Apply Now”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with Axis Bank or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is Axis Bank’s own file from its website, unaltered, fetched 2026-10-15. Methodology