Axis Bank Privilege Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

As a welcome benefit, you have the opportunity to earn a maximum of 12,500 Edge Rewards. For every Rs. 200 spent, you will receive 10 EDGE Points. Enjoy a discount of up to 20% on dining with the Axis Bank Dining Delights program. Each year, you will receive complimentary access to domestic lounges. You will have the renewal fee waived based on your spending habits. Upon card renewal, you will receive a bonus of 3,000 EDGE Points. Receive insurance benefits spanning various categories. Benefit from a 1% waiver on fuel surcharges.

The Axis Bank Privilege Credit Card is a shopping enthusiast's dream come true.

With a joining fee of Rs. 1,500 + GST and a renewal fee of Rs. 1,500 + GST, this card is well-suited for those who love to shop.

One of the standout features of this card is the reward type: Reward Points.

Every time you use this card for shopping, you earn 10 EDGE Points for every Rs. 200 spent.

These points can be redeemed for a variety of exciting rewards, making your shopping experience even more enjoyable.

As a welcome benefit, you will receive 12,500 EDGE Reward Points worth Rs. 2,500 when you first get the card.

This is a fantastic bonus that allows you to kickstart your rewards journey right away.

If you enjoy dining out, this card has a great perk for you.

While dining at over 4,000 partnered restaurants, you can enjoy up to a 20% discount.

This is a wonderful way to indulge in your favorite culinary experiences without breaking the bank.

For those who appreciate a little luxury, the Axis Bank Privilege Credit Card offers 2 free visits to domestic lounges every quarter.

This allows you to relax and unwind in style while waiting for your flight.

In terms of insurance benefits, this card has you covered.

You receive insurance coverage for air accidents, lost/delayed baggage, lost travel documents, and purchase protection.

This provides peace of mind and ensures that you are protected in case of any unforeseen events.

One of the standout features of this card is the spend-based renewal fee waiver.

If you spend Rs. 5 lakhs in the anniversary year, the renewal fee will be waived.

This is a fantastic incentive to keep using the card and enjoy the benefits it offers.

While this card has many advantages, it is important to note a few drawbacks.

There is a foreign currency markup of 3.5% on all international transactions, which may not be ideal for frequent international travelers.

Additionally, the interest rate is 3.4% per month, which is relatively high compared to other credit cards.

Overall, the Axis Bank Privilege Credit Card is a great option for shoppers who want to earn rewards on their purchases.

With a range of benefits including welcome rewards, dining discounts, lounge access, and insurance coverage, this card offers a lot of value.

Just be mindful of the foreign currency markup and interest rate if they are important factors for you.