The Axis Bank Privilege Credit Card comes with awesome benefits, features, and offers. Some of them may include Activation Benefits, Airport Lounge Access, fuel surcharge waiver, rewards, and insurance benefits. This credit card offers a lot more. In this blog post, we will discuss its:
- Features.
- Benefits.
- Fees & Charges.
- Eligibility & Documentation.
- FAQs.
If you wish to know more about the My Zone Credit Card, Read Below.
About the Axis Bank Privilege Credit Card
The Privilege Credit Card comes with amazing features & benefits. This credit card offers Activation benefits, airport lounge access, milestone benefits, Annual benefits, Insurance benefits, fuel surcharge waivers, dining benefits, and more. The Privilege credit card comes with ₹**** of joining fee and annual fees of ₹****. To apply for the Privilege Credit Card you must be between 18 years, must be an Indian resident, or a Non-resident Indian. All the Documents that are required to apply for the Privilege credit card are given below.
Features and Benefits of Axis Bank Privilege Credit Card
The Privilege Credit Card comes with many awesome features and benefits, each and every feature and benefit of the Privilege credit card is given below:
Activation Benefits:
Get 12,500 EDGE Reward Points, which you redeem against ₹5,000 worth of top brands’ vouchers. You can enjoy this benefit if you complete 3 transactions of a minimum ₹200 in the first 60 days of card setup.
Airport Lounge Access:
Enjoy access to 2 complimentary domestic airport lounges every calendar quarter.
Annual Benefits:
Get 3000 reward points on the renewal of your Privilege credit card. Annual fee reversal I you spend more than ₹2.5 Lakh per annum.
Rewards:
You can earn 10 Axis EDGE points every time you spend ₹200 or more, and you can earn 2X rewards on retail transactions if you spend ₹200 or more.
Fuel Surcharge Waiver:
Get a 1% fuel surcharge on all fuel transactions done with your Select Credit Card.
- You can Get a fuel surcharge waiver only on transaction amounts between ₹400 – ₹4,000.
- You can only avail of a max waiver of ₹400 per statement cycle.
- You cannot get a refund for GST charged on the fuel surcharge.
Insurance Cover:
Get purchase protection up to ₹1 lakh. Ge cover for loss of travel documents, loss of baggage, and delay in baggage.
Dining Benefits:
Enjoy up to 20% discount at more than 4,000 partnered restaurants in India using your Select Credit Card.
Fees and Charges of Privilege Credit Card
| Fee | Amount |
| Joining Fee | ₹1,500 |
| Annual Fee | ₹1,500 |
| Cash Payment Fee | ₹100 |
| Forex Markup Fees | 3.5% of the transaction amount |
| Cash Withdrawal Fee | 2.5% of the amount |
| Late Payment Fee | If the total amount is Less than Rs. 500 – ₹100 Between Rs. 501 – Rs. 5,000: ₹500 Between Rs. 5,001 – Rs. 10,000: ₹500 Between Rs.10,001 – Rs.25,000: ₹750 More than Rs.25,001 – ₹1000 |
Eligibility and Documentation for Privilege Credit Card
To apply for a Privilege Credit Card you must be 18 years and it doesn’t matter whether you are Resident Indian or No-Resident Indian. If you are salaried or are self-employed you can apply for the Privilege Credit Card. The net income of the applicant must be at least ₹6 Lakhs or more.
The Documents which are required to apply for Privilege Credit Card are given below:
- PAN Card
- Photograph
- Bank statement
- Residence Proof(Choose any one)
- Passport
- Driving License
- Voter ID Card
- Aadhaar card
- Electricity Bill
- Ration Card
- Property Registration Document
- Identity proof(Choose any one)
- Passport
- Aadhaar Card
- Voter ID Card
- Ration Card
- Driving License
Should You Apply for Privilege Credit Card?
The Privilege Credit Card is a great credit card. This credit card offers activation benefits- 12,500 Reward Points, Vouchers, Discounts at Restaurants, Insurance Cover, Annual Benefits, Fuel Surcharge Waiver, annual fee reversal, rewards, and more. This credit card is a great option for people who are looking for a credit card that offers great benefits. The Privilege Credit Card offers many awesome benefits. This credit card comes with joining fees of ₹1,500 and annual fees of ₹1,500 (that can be reversed if you spend more than ₹2.5Lakh per annum). To apply for this credit card you must be at least 18 years old and must have address and identity proof. If you wish to apply for this credit card you can Click Here.
Frequently Asked Questions
The Forex markup fee of the Privilege Credit Card is 3.50% of the transaction amount.
If you wish to apply for Privilege Credit Card you can do it by joining Axis Bank’s Official Website or by Clicking Here.
If you want to contact Axis Bank make a call at 1860 500 5555.