Axis Bank Privilege Credit Card Review – Features, Benefits, and How to Apply

With the increasingly dynamic world of credit cards, it can be daunting to navigate and find the best card for your lifestyle, spending needs and financial goals. But Axis Bank has managed to design a credit card that is suitable for all in the form of their Axis Bank Privilege Credit Card. Created for a premium experience, this card has benefits, rewards and elite perks for those who want convenience, exclusivity, and personalized customer service.

In this detailed post, we will discuss the Axis Bank Privilege Credit Card, comparing it to other similar cards, listing all its features, benefits, charges, eligibility, and all the other information as well. At the of reading this article, you shall discover why this card makes a perfect sense for you.

Axis Bank Privilege Credit Card Review

There are many benefits when it comes to being a privilege customer of Axis Bank.

The Axis Bank Privilege Credit Card has been custom made to ensure that customers get rewards across some of the most common categories that they spend in including dining, shopping and travel. With its combination of rewards points, premium lifestyle benefits, and exclusive offers, this card is one of the strongest contenders for those looking for value and prestige.

The Axis Bank Privilege Credit Card is ideal for people who love to dine out in style, shop at popular brands, or travel, as it comes with facilities such as airport lounge access, travel insurance, and discounts on movie tickets.

Axis Bank The Privilege Credit Card Features

Joining and Renewal Fees

• Joining Fee: ₹1,500 + GST

• Renewal Fee: ₹1,500 + GST

• The renewal fee is waived if the cardholder spends ₹1,00,000 or more in the past year.

Reward Points System

The Axis Bank Privilege Credit Card offers an attractive rewards program:

• 2 Reward Points for every ₹200 spent on retail purchases.

• 5X Reward Points in select categories, which include:

  • Dining

  • Departmental stores

  • Travel

  • Online shopping

Redemption options:

• Flight and hotel bookings

• Shopping vouchers

• Axis Bank e-gift platform gifts

Complimentary Lounge Access

The Axis Bank Privilege Credit Card offers free access to the lounges, so it’s a good deal for frequent fliers. The credit cardholder can benefit from:

• Access to Domestic Lounges: 2 free entries each quarter

• International Lounge Access: Receive 2 complimentary visits per year (max of 2 guests each year) to over 1000 Priority Pass lounges around the world.

This is ideal for people who travel frequently wanting to give up a great pre-flight experience.

Movie Ticket Offers

Entertainment – Get exclusive movie ticket discounts on Axis Bank Privilege Credit Card for all movie-discounts lovers. You can enjoy:

• Movie tickets on the partner movie ticketing websites.

• Get one free movie ticket every month (good on select dates) at participating theaters.

Travel Benefits

Here are some travel perks of the Axis Bank Privilege Credit Card:

• Travel Insurance: Receive flight delay, lost luggage and trip cancellation insurance.

• Free Airport Lounge Access: Unwind at 25+ airport lounges both in India and abroad.

Dining Privileges

Axis Bank has tie-ups with various restaurants to offer cardholders the privilege of exclusive dining which include:

• 10% off at select restaurants

• Complimentary meal at select eateries

Fuel Surcharge Waiver

With the Axis Bank Privilege Credit Card, you get 1% on fuel surcharge on all fuel transactions between ₹500 and ₹4,000. The maximum waiver in a statement cycle is ₹250 which means you can save on fuel.

Enhanced Security

This credit card is embedded with EMV chip technology to ensure the security of your every transaction. It also includes SMS alerts and email notifications as well as liability protection if the card is lost or stolen making card use worry-free.

Benefits of the Axis Bank Privilege Credit Card

Now that we have discussed the major highlights, let me show you some of the best benefits of Axis Bank Privilege Credit Card:

Reward Points Redemption

There is also one of the most beneficial privilege credit card features i.e. you can redeem your reward points earned on your daily purchases. And regardless of whether you spend on your card in stores, for meals out or while you travel, you could rack up points for:

• Airline tickets and hotel stays

• Online shopping vouchers for Amazon, Flipkart and others

• Gift options on Axis Bank rewards catalog

No Cost EMI Option

Axis Bank provides a No Cost EMI facility, where users can convert their big purchases into easy instalments and repay without any additional cost. This is a convenient feature that helps customers manage substantial purchases and pay them down over time without incurring high interest rates.

Complimentary Access to Airport Lounges

For people who travel often, free entry into airport lounges is a huge bonus. Enjoy refreshments, Wi-Fi and comfortable seating at lounges in airports in India and around the world. This is definitely a plus for the practical part of the experience.

Enhanced Shopping Benefits

Like other retail card programs, alongside the basic reward points for retail purchases, the holders also receive exclusive discounts in a numbers of shopping destinations and retail outlets. Axis Bank has tied up with various renowned brands and stores to offer exciting deals on fashion, electronics and much more. It doesn’t matter if you are shopping online, or even in the store, you’re getting bang for your buck!

Discount on Movie Tickets

Cardholders who are movie lovers will appreciate the discounted movie tickets. For frequent moviegoers, this is a special benefit. Redeem your points for movie tickets, or get discounts at some theaters.

Axis Bank Privilege Credit Card vs Other Premium Credit Cards

The Axis Bank Privilege Credit Card is competitive to other premium credit card offering in the market with its robust rewards system, exclusive offers and value-for-money annual fees. It offers an all-around blend of travel, dining, shopping and lifestyle benefits, making it a compelling choice for value-seeking consumers.

The Axis Bank Privilege Credit Card provides competing features at a lower price point when compared to card like the HDFC Infinia Credit Card, SBI Elite Credit Card and ICICI Coral Credit Card. It prioritizes bonuses for your everyday spending and living, so it’s not as pricey as a play on the account of people who desire a premium card for the premium perks.

Axis Bank Privilege Credit Card Eligibility

To be eligible for this card, you should be:

Age

Applicants need to be aged between 21 and 60 years.

Income

• For salaried, they must have a minimum salary of ₹30,000 per month.

• Self-employed applicants should earn a minimum of ₹6,00,000 per annum.

Credit History

You’ll need very good credit (generally, a FICO score of 750 and higher) to qualify for this top-tier card.

Documentation

• Government approved ID (Aadhaar, Passport, Voter ID, etc.)

• Income Proof (Salary Slip, Bank Statement, ITR)

• Address proof (telephone bill, rental agreement etc.)

Last Words on Axis Bank Privilege Credit Card

The Axis Bank Privilege Credit Card is a great unanimous bet if you want a well-rounded combo of rewards, travel benefits, and lifestyle privileges. If you’re a jet-setter, a movie buff, or a foodie, this card has you covered. The reward points and privileges etc which are offered based on spend, relatively makes it a premium card at mid-level pricing.

If you appreciate rewards and premium services and lifestyle benefits and are looking at a credit card that provides excellent value-on-spend this credit card is definitely worth it. It's a good option for those who want to maximize their spending power with the perks of a premium credit card.