Axis
Axis Privilege Amex Credit Card
LIFETIME FREE Card
This is an invite only card
Apply and get ₹1300 Rewards
Top Benefits
Earn 10 EDGE Reward Points
on every ₹200 spent domestically and internationally
Get 2 Complimentary Domestic Airport Lounge
Visits per calendar quarter after spending ₹50,000 in the previous 3 months
Best For
Shopping
Online Food Ordering
Travel
The Axis Privilege Amex Credit Card is a lifestyle and travel companion designed for frequent spender...
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The Axis Privilege Amex Credit Card is a lifestyle and travel companion designed for frequent spender...
The Axis Privilege Amex Credit Card is a lifestyle and travel companion designed for frequent spenders who want solid value back on their everyday purchases. Right off the bat, its strongest feature is the robust welcome benefit of 12,500 EDGE REWARD Points, which effectively offsets the initial cost of the card. If you are a salaried professional earning Rs. 50,000 per month, this card offers a straightforward way to accumulate points on nearly everything you buy, from groceries to travel.
Unlike many basic cards, the Axis Privilege Amex provides a comprehensive package. It combines travel perks like domestic lounge access with practical lifestyle benefits, including movie discounts on the District app and dining offers. This card works great for users who prefer flexible reward points they can use across various categories rather than a rigid, single-brand co-branded card. It strikes a good balance between premium features and an accessible fee structure.
View FAQ
Commonly Asked Questions
Is the Axis Privilege Amex Credit Card lifetime free?
No, the Axis Privilege Amex Credit Card is not lifetime free by default. It carries a joining fee of Rs. 1,500 and an annual fee of Rs. 1,500 plus applicable taxes.
Who should apply for this card?
This card is ideal for individuals aged 21 to 65 earning at least Rs. 6 lakh annually who regularly spend on lifestyle, travel, and dining, and want flexible reward points.
What makes this card different from other rewards cards?
It stands out by offering a substantial 12,500 points welcome bonus and milestone benefits like an extra 10,000 points when you spend Rs. 2.5 lakh in a year, giving heavy spenders extra value.
Is it a good first credit card?
While it requires an income of Rs. 6 lakh per year and a good CRIF score around 720, it is a solid choice if you meet the criteria, though absolute beginners might prefer a basic lifetime free card first.
Expert Review
In my experience analyzing mid-tier credit cards, the Axis Privilege Amex hits a sweet spot. The welcome benefit of 12,500 points entirely wipes out the cost of the Rs. 1,500 joining fee. I appreciate the clear, achievable milestone of earning an extra 10,000 points upon spending Rs. 2.5 lakh. The combination of movie discounts and lounge access makes it a very well-rounded lifestyle card.
However, the card does have a notable flaw: the lounge access condition. Having to spend Rs. 50,000 in the previous quarter just to get 2 domestic lounge visits is restrictive compared to competing cards that offer unconditional access. Furthermore, the extensive list of excluded categories—especially education and insurance—means you must prioritize retail and travel spends on this card.
Overall, if you are earning upwards of Rs. 6 lakh a year and use this as your primary card for retail, dining, and travel, it is an excellent choice. But if you want a card for paying utilities, school fees, and rent, look at other specialized utility cards instead.
Joining / Annual Fee
Joining Fees
₹0 ( ₹0 + GST )
Annual Fees
₹0 ( ₹0 + GST )
Understanding the cost of carrying the Axis Privilege Amex Credit Card is crucial for maximizing its ...
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Understanding the cost of carrying the Axis Privilege Amex Credit Card is crucial for maximizing its ...
Understanding the cost of carrying the Axis Privilege Amex Credit Card is crucial for maximizing its value. The fee structure is straightforward, with clear opportunities for waivers based on your spending habits.
When you first get the card, you will be charged a one-time joining fee of Rs. 1,500 plus applicable taxes. However, this fee is often mitigated. First, paying this fee and making a transaction within 30 days earns you 12,500 reward points (worth Rs. 2,500). Furthermore, the joining fee is waived during selected promotional periods on the American Express network, depending on Axis Bank's current offers.
From the second year onward, the card carries an annual fee of Rs. 1,500 plus taxes. The bank provides a clear path to avoid this cost. The annual fee is waived entirely if you spend Rs. 5,00,000 or more in the preceding card anniversary year. To hit this waiver target, you need to route approximately Rs. 41,667 of your monthly expenses through this credit card. If you use it for major purchases, dining, and travel, hitting the 5 lakh mark is quite achievable for mid-to-high-income earners. If you fall short of this Rs. 5 lakh threshold, the full Rs. 1,500 fee will reflect in your anniversary month's statement.
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The one-time joining fee is Rs. 1,500 plus applicable GST.
Can the joining fee be waived?
Yes, the joining fee is waived on the American Express network during selected promotional periods as per Axis Bank terms.
What is the annual or renewal fee?
From the second year onwards, an annual fee of Rs. 1,500 plus GST is charged.
Is there an annual fee waiver option?
Yes, you can get the annual fee waived by spending Rs. 5,00,000 or more in the preceding card anniversary year.
How much do I need to spend monthly to get the fee waiver?
To reach the Rs. 5 lakh annual target, you need to spend an average of Rs. 41,667 per month on the card.
Does spending on excluded categories count toward the fee waiver?
Transactions including rent and fuel do not contribute toward the Rs. 5 lakh annual spend milestone for the fee waiver.
What happens if I spend Rs. 4.9 lakh in a year?
If you do not meet the exact Rs. 5,00,000 threshold, you will be charged the full Rs. 1,500 annual fee upon your card anniversary.
Is the fee waiver based on calendar year or card anniversary year?
The waiver is calculated based on your card anniversary year, meaning the 12 months from the date your card was issued.
Eligibility
Age
Criteria*
21-70 years
Salary
Criteria*
6LPA
Credit
Rating*
750+
New to credit
allowed
No
Existing Bank
Customer Allowed
Yes
Securing the Axis Privilege Amex Credit Card requires meeting specific age and income guidelines. The...
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Securing the Axis Privilege Amex Credit Card requires meeting specific age and income guidelines. The...
Securing the Axis Privilege Amex Credit Card requires meeting specific age and income guidelines. The bank is strict about these parameters to ensure cardholders can manage the credit limits provided.
For both salaried employees and self-employed individuals (like freelancers, business owners, or consultants), the minimum age to apply is 21 years, and the maximum age is 65 years at the time of application.
In terms of income, salaried applicants must demonstrate a minimum annual income of Rs. 6,00,000. That means a monthly take-home salary of Rs. 50,000 qualifies you. Self-employed applicants are also required to show an annual income of Rs. 6,00,000, usually verified through recent Income Tax Returns (ITR).
Your credit history plays a major role in the approval process. Axis Bank looks for a solid credit profile. Specifically, a CRIF score of 720 is required. However, having a CRIF score of 750 or higher ensures a high probability of approval, though final decisions rest on the bank's discretion based on your overall financial health.
View FAQ
Commonly Asked Questions
What is the minimum age to apply for this card?
The primary cardholder must be at least 21 years old to be eligible for this card.
What is the maximum age limit for the primary cardholder?
The upper age limit for eligibility is 65 years at the time of application.
What is the minimum salary required for salaried applicants?
Salaried individuals need a minimum annual income of Rs. 6,00,000 to qualify, which is Rs. 50,000 per month.
What is the minimum annual income for self-employed applicants?
Self-employed professionals and business owners must also demonstrate an annual income of at least Rs. 6,00,000.
Can self-employed individuals apply for this card?
Yes, both salaried and self-employed professionals can apply if they meet the income and documentation requirements.
What credit score is needed for approval?
A minimum CRIF score of 720 is expected, though a score of 750 or higher significantly improves approval chances.
Will my application be rejected if my credit score is below 720?
A score below 720 leads to a high rejection risk, as meeting the 720 threshold is a primary requirement for this card.
Do I need an existing relationship with Axis Bank to apply?
You do not strictly need a prior relationship, but having an Axis Bank account makes the approval and verification process faster.
All Card Benefits
- Get 2 complimentary domestic airport lounge visits per calendar quarter after spending ₹50,000 in the previous 3 months
- Get 12,500 EDGE REWARD Points as activation benefit on payment of joining fee and 1st transaction within 30 days
- Earn 10 EDGE Reward Points on every ₹200 spent domestically & internationally
- Get 10,000 EDGE Reward Points (worth ₹2,000) on spending ₹2,50,000 in a card anniversary year
- Get flat 25% off on domestic hotel bookings via Yatra, up to ₹7,500 (minimum booking ₹5,000; once per card per month; valid till 30 June 2026)
Welcome Benefits
Starting off with this card feels rewarding. When you pay the applicable joining ...
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Welcome Benefits Starting off with this card feels rewarding. When you pay the applicable joining ...
Welcome Benefits
Starting off with this card feels rewarding. When you pay the applicable joining fee of Rs. 1,500 and complete your first transaction within 30 days of the card being issued, you receive 12,500 EDGE REWARD Points. Since each point is worth Rs. 0.20, this welcome bonus translates to a value of Rs. 2,500. This means the welcome benefit alone more than covers the cost of your joining fee, putting you ahead immediately.
Reward Points Structure
The core earning mechanism of the Axis Privilege Amex Credit Card revolves around EDGE REWARD Points. For every Rs. 200 you spend domestically or internationally, you earn 10 EDGE REWARD Points. Let us break that down: 10 points at Rs. 0.20 each equals Rs. 2 in value. This gives you an effective reward rate of 1 percent on your standard spending.
For example, if you spend Rs. 20,000 on shopping and groceries in a month, you will earn 1,000 EDGE REWARD Points. Over a year, that steady accumulation adds up. Additionally, the card rewards loyalty. If you hit a spending milestone of Rs. 2.5 lakh in your card anniversary year, you get an extra 10,000 EDGE REWARD Points (worth Rs. 2,000). So, spending roughly Rs. 21,000 monthly not only earns you regular points but triggers this annual bonus too.
Domestic Airport Lounge Access
Travelers will appreciate the lounge benefits included with the Axis Privilege Amex. You get 2 complimentary domestic airport lounge visits per calendar quarter. However, this is tied to a spending condition. To unlock these 2 visits for an upcoming quarter, you need to spend at least Rs. 50,000 in the previous 3 months. For someone using this as their primary card, spending about Rs. 17,000 monthly easily clears this hurdle, granting you a quiet place to relax and grab a bite before your flights.
Movie and Entertainment Discounts
If you enjoy catching the latest films, this card offers a nice perk. Starting from 20 June 2025, you can get a Buy-One-Get-One (BOGO) free offer on movie tickets booked via the District app. The discount provides 100 percent off on the second ticket, capped at Rs. 250, once a month. For example, if you buy two tickets at Rs. 300 each, you pay Rs. 300 for the first and only Rs. 50 for the second, saving Rs. 250 on your outing.
Dining and Food Delivery
Dining out is more affordable with the Axis Bank Dining Delights program. While specific percentages vary by partner restaurant, this program grants you exclusive discounts at leading restaurants across India. Additionally, you get access to exclusive mid-week offers under the Wednesday Delights program, which often feature special deals on food delivery or dining, making your mid-week treats a bit sweeter.
Fuel Surcharge Waiver
To ease the burden of rising fuel costs, the card provides a 1 percent fuel surcharge waiver. This applies to fuel transactions between Rs. 400 and Rs. 4,000. The maximum waiver you can earn is Rs. 400 per statement cycle. For instance, if you spend Rs. 3,000 on fuel in a single fill-up, you save the Rs. 30 surcharge. Remember, while you get the surcharge waived, fuel purchases do not earn EDGE REWARD Points.
Complimentary Insurance Benefits
The Axis Privilege Amex adds a layer of security to your travels and purchases. It includes complimentary insurance coverage such as purchase protection, cover for loss of travel documents, and delay or loss of checked-in baggage. If an airline misplaces your bag, this coverage provides compensation for the inconvenience, subject to the policy terms and conditions.
View FAQ
Commonly Asked Questions
How do I qualify for the welcome bonus?
You need to pay the joining fee and make at least one transaction within 30 days of the card issuance date to earn the 12,500 EDGE REWARD Points.
What is the value of the welcome benefit?
The 12,500 EDGE REWARD Points hold a value of Rs. 2,500, since each point is worth Rs. 0.20 upon redemption.
Is there a minimum transaction amount to trigger the welcome bonus?
Yes, a minimum transaction of Rs. 100 within 30 days of card issuance is required to activate the card and become eligible for the reward points.
Do I get the welcome bonus if my joining fee is waived?
Bonus points are credited upon payment of the joining fee. If the fee is waived under a promotional offer, the 12,500 welcome points are not granted as they serve as a reimbursement for the paid fee.
What is the standard reward rate on this card?
You earn 10 EDGE REWARD Points for every Rs. 200 spent, which translates to an effective return of 1 percent on your eligible purchases.
What is the value of 1 reward point in rupees?
Each EDGE REWARD Point is valued at Rs. 0.20. For instance, 1,000 points give you Rs. 200 in redemption value.
Do I earn points on rent payments?
No, rent payments are specifically excluded from earning reward points on this card.
Are there any milestone rewards?
Yes, you earn an additional 10,000 EDGE REWARD Points when your total spending reaches Rs. 2.5 lakh in a card anniversary year.
Which categories do not earn reward points?
You will not earn points on insurance, rent, fuel, education, utilities, and government services.
Do I earn rewards on international spending?
Yes, the earn rate of 10 EDGE REWARD Points per Rs. 200 spent applies to both domestic and international transactions.
Do my reward points expire?
EDGE REWARD Points remain valid for a period of 3 years from the date of accumulation, after which they expire if not redeemed.
Can I earn points on EMI conversions?
No, EMI spends are excluded from earning EDGE REWARD Points.
How many lounge visits do I get?
You receive 2 complimentary domestic airport lounge visits per calendar quarter.
Are the lounge visits free unconditionally?
No, you must spend at least Rs. 50,000 in the previous 3 months to qualify for the lounge visits in the current quarter.
Does this card offer international lounge access?
This card only provides domestic airport lounge visits; international lounge access is not included.
Can my supplementary cardholder use the lounge benefit?
The 2 complimentary lounge visits per quarter are shared across both primary and add-on cards, provided the primary cardholder meets the spending criteria of Rs. 50,000 in the previous quarter.
What is the movie ticket offer?
You get 100 percent off on the second movie ticket when booking through the District app.
Is there a maximum limit on the movie discount?
Yes, the maximum discount you can receive is Rs. 250 per month.
How often can I use the movie offer?
The buy-one-get-one free offer is valid once per month.
When does the District app offer become active?
The movie ticket benefit via the District app is effective from 20 June 2025.
What dining benefits does this card offer?
You can enjoy restaurant discounts across India under the Axis Bank Dining Delights program.
What are Wednesday Delights?
Wednesday Delights are exclusive mid-week promotional offers led by the bank, which include dining and lifestyle deals.
Is there a limit to dining discounts?
Dining discounts provide up to 15% off at partner restaurants, typically capped at Rs. 500 per transaction.
Can I use the dining offer on food delivery apps?
Wednesday Delights offers extend to food delivery apps like Swiggy and Zomato, providing discounts ranging from 10% to 20% on eligible orders.
What is the fuel surcharge waiver on this card?
You get a 1 percent surcharge waiver on fuel purchases made at any petrol pump.
Are there minimum and maximum limits for fuel transactions?
Yes, the transaction must be between Rs. 400 and Rs. 4,000 to qualify for the waiver.
What is the maximum savings I can get on fuel monthly?
The fuel surcharge waiver is capped at a maximum of Rs. 400 per statement cycle.
Do I earn reward points when I buy fuel?
No, fuel spends are excluded from earning EDGE REWARD Points.
Does this card offer travel insurance?
Yes, it provides coverage for loss of travel documents and baggage delay or loss.
What is purchase protection?
Purchase protection covers eligible items bought with the card against accidental damage or theft for 90 days from the date of purchase.
Are there medical emergency covers included?
This card does not include complimentary overseas medical insurance; coverage is limited to travel documents and baggage.
How do I claim these insurance benefits?
To file a claim, submit the required documentation through the Axis Bank EDGE rewards portal or the dedicated insurance partner's claim link within 30 days of the incident.
Milestone Benefits
10000 reward points(Worth ~ ₹2,000)
Spend ₹2,50,000 in 365 days
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 EDGE Reward Point = ₹0.20
Redemption Options
- Products
- Vouchers
- Instant e-vouchers
- Multi-brand voucher redemption
To check redemption catalogue
Earning points is only half the journey; redeeming them efficiently is where you realize the value of...
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Earning points is only half the journey; redeeming them efficiently is where you realize the value of...
Earning points is only half the journey; redeeming them efficiently is where you realize the value of the Axis Privilege Amex. The redemption process is centralized and offers multiple avenues to use your accumulated EDGE REWARD Points.
To redeem your points, you must log into the dedicated portal at https://edgerewards.axisbank.co.in. This catalogue provides a variety of options. You can exchange your points for physical products, gift vouchers, instant e-vouchers, or even multi-brand voucher redemptions.
Understanding the math is important. 1 EDGE Reward Point is worth Rs. 0.20. So, if you want an instant e-voucher for a popular shopping brand worth Rs. 1,000, you will need to redeem 5,000 points. Axis Bank charges a reward redemption handling fee of Rs. 99 plus applicable GST for every redemption request you make. Therefore, it is financially smarter to accumulate a large number of points and redeem them in one big batch rather than making multiple small redemptions, which would incur the Rs. 99 fee each time.
View FAQ
Commonly Asked Questions
How do I redeem the reward points I have earned?
Log into the EDGE Rewards portal at https://edgerewards.axisbank.co.in to view and select your redemption options.
What can I redeem my reward points for?
You can redeem points for physical products, physical vouchers, instant e-vouchers, and multi-brand vouchers available in the catalogue.
What is the exact rupee value of my points?
1 EDGE Reward Point is worth Rs. 0.20. For example, 10,000 points will give you Rs. 2,000 in voucher value.
Is there a fee for redeeming my reward points?
Yes, a reward redemption handling fee of Rs. 99 plus applicable GST is charged per redemption request.
How can I minimize the impact of the redemption fee?
Since the Rs. 99 fee is charged per request, it is best to save up your points and make one large redemption rather than several small ones.
Can I use points to pay my credit card bill directly?
Redemption on this card is limited to the EDGE Rewards catalogue and vouchers; direct statement credit for bill payment is not an available feature for this variant.
Do I need a minimum point balance to redeem?
A minimum balance of 300 EDGE REWARD Points is required to initiate any redemption request through the portal.
Gift card - Key Terms
Once you apply, we will start tracking your application
Generally takes 2-72 hrs
Once the bank confirms us of your successful card activation, we will process your rewards
Generally takes 7-75 days
You can then withdraw your rewards via Amazon Pay Balance/Flipkart gift cards
Generally takes 7-75 days
Note: If you currently hold or have ever held an Axis Credit Card, you are not eligible for CashKaro Rewards.
Rewards Related
- If you currently hold or have ever held an Axis Credit Card, you are not eligible for Gift Card
- A minimum transaction of Rs.100 within 30 days is mandatory to activate your card; otherwise, you wont be eligible for the Rewards
- Please use Aadhaar linked mobile number to fill the application
- If the distance between your residence and office addresses is 150 km or more, please ensure that your residence is selected as the mailing address. Applications not adhering to this will be rejected
- VKYC done over 50km from your Aadhaar/communication address will result in application rejection and loss of Rewards
Also, Remember
- Resume your application only via Great.Cards to avoid losing Rewards
- If your Rewards do not track, raise a Missing Rewards Ticket within 30 Days from the application date
- Rewards can only be redeemed as Amazon Pay Balance and Flipkart Gift Card
Bank Exclusions
You will not earn points / cashback on spends in the following categories
For Points / Cashback Earnings
Rent Payment
Fuel Spends
Insurance Payments
EMI Spends
Cash Advances
ATM Cash Withdrawals
Jewellery Purchases
Education Spends
For Spends Waiver
Rent Payment
Fuel
Insurance
EMI Transactions
Cash withdrawals
Jewellery
School & Educational Services
Government Transactions
Wallet Loads
Fees & Charges
To make the most of this card, you must know where it does not work in your favor. Banks exclude cert...
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To make the most of this card, you must know where it does not work in your favor. Banks exclude cert...
To make the most of this card, you must know where it does not work in your favor. Banks exclude certain merchant categories from earning rewards to prevent misuse and manage costs. Spending in these categories will process normally, but your EDGE REWARD Points balance will not budge.
The Axis Privilege Amex has a comprehensive list of exclusions. You will not earn any points on Rent Payments, Fuel Spends, Insurance Payments, EMI Spends, Cash Advances, ATM Cash Withdrawals, Jewellery Purchases, Education Spends, School and Educational Services, Government Transactions, Wallet Loads, and any Fees or Charges applied by the bank.
For example, if you pay a Rs. 20,000 school fee for your child and a Rs. 15,000 annual life insurance premium using this card, you might expect to earn 1,750 points. However, because education and insurance are excluded, you will earn zero points on that Rs. 35,000 spend. Similarly, loading money into a digital wallet or paying your landlord via a rent payment portal will yield no rewards, and in the case of rent, you will actually incur an extra surcharge. Always use this card for retail shopping, dining, and travel to ensure your spends are actually rewarding.
View FAQ
Commonly Asked Questions
Which transactions do not earn rewards on this card?
Rent, fuel, insurance, EMIs, cash withdrawals, jewellery, education, government services, wallet loads, and bank fees do not earn points.
Does paying rent with this card earn reward points?
No, rent payments are strictly excluded from earning any EDGE REWARD Points.
Are insurance premium payments excluded from rewards?
Yes, any payments made toward insurance premiums will not accumulate reward points.
Do wallet top-ups or gift card purchases earn rewards?
Purchasing third-party gift cards via merchant platforms is treated as a standard retail transaction and earns points, whereas direct wallet loads are strictly excluded.
Are education or school fee payments excluded from earning rewards?
Yes, school fees and educational service payments are on the exclusion list and earn zero points.
Do I earn points when I buy fuel?
No, fuel purchases are excluded from earning points, though you do get a 1 percent surcharge waiver.
What happens if I accidentally make a payment in an excluded category?
The transaction will go through successfully, but you simply will not receive any EDGE REWARD Points for that specific amount.
Bank Fee Structure
| Structure | Details |
|---|---|
Forex Markups  3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency. | 3.50% |
APR Fees Finance charges of 3.75% per month (45% per annum) apply on unpaid outstanding balances until the amount is fully repaid | 3.75% |
ATM withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable). | 2.50% |
Reward Redemption Fees Reward points can be redeemed through the Axis EDGE Rewards portal and redemption fees are generally waived for Privilege Credit Card holders as per bank terms | ₹99 |
Link for all T&Cs | Click Here |
Railway Surcharge Surcharge on booking or cancelling railway tickets will be levied as prescribed by IRCTC or Indian Railways and may vary based on their applicable charges. | As prescribed by IRCTC / Indian Railways |
Rent Payment Fees 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST and platform charges | 1% |
cheque Payment Fees A fee of 2% of the payment amount (subject to a minimum of ₹500) is levied for cheque return, cheque dishonour, or auto-debit reversal. | 2% |
Cash Payment Fees Cash payments made at Axis Bank branches attract a fee of ₹100 per transaction as per bank terms | ₹100 |
| Late Payment Fees | Amount Due |
|---|---|
| ₹0 - ₹500 | ₹0 |
| ₹501 - ₹5,000 | ₹500 |
| ₹5,001 - ₹10,000 | ₹750 |
| ₹10,000 and above | ₹1200 |
Managing a credit card smartly means knowing every fee the bank might charge. The Axis Privilege Amex...
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Managing a credit card smartly means knowing every fee the bank might charge. The Axis Privilege Amex...
Managing a credit card smartly means knowing every fee the bank might charge. The Axis Privilege Amex has a standard fee profile for mid-tier cards, but failing to pay attention to interest rates and specific transaction charges can quickly eat into your reward benefits.
Joining Fee: The card comes with a joining fee of Rs. 1,500 plus GST. This joining fee is waived on the American Express network during selected promotional periods as per Axis Bank terms. If you secure a waiver, you save Rs. 1,500 upfront.
Annual Fee: From the second year, an annual fee of Rs. 1,500 plus GST applies. The annual fee is waived if you spend Rs. 5 lakh or more in a year on your card, as per bank policy. For example, spending an average of Rs. 42,000 a month will safely get this fee waived.
Interest Rate (APR): If you do not pay your bill in full, finance charges of 3.50 percent per month (42 percent per annum) apply on unpaid outstanding balances until the amount is fully repaid. If you leave a Rs. 10,000 balance unpaid, you will incur Rs. 350 in interest in just one month, plus GST.
Late Payment Fee: Missing your payment due date triggers late fees based on your outstanding balance: Rs. 0 for balances under Rs. 500, Rs. 400 for Rs. 501 to Rs. 1,000, Rs. 750 for Rs. 1,001 to Rs. 10,000, Rs. 950 for Rs. 10,000 to Rs. 25,000, Rs. 1,100 for Rs. 25,000 to Rs. 50,000, and Rs. 1,300 for balances above Rs. 50,000. For a Rs. 5,000 missed bill, you pay a Rs. 750 penalty.
Forex Markup Fee: A 3.5 percent forex markup is charged on transactions made in currencies other than INR. This applies to international POS payments and online purchases. For example, if you spend Rs. 10,000 equivalent in USD on an international website, you will pay Rs. 350 as a markup fee.
Cash Withdrawal Fee: 2.5 percent of the withdrawn amount is charged on cash advances using the credit card, with a minimum fee of Rs. 500. If you withdraw Rs. 10,000 from an ATM, you will be charged Rs. 500 (since 2.5 percent is Rs. 250, the minimum Rs. 500 rule applies).
Rent Payment Fee: A surcharge fee of Rs. 199 plus GST applies on rental transactions made using the credit card. If you pay a Rs. 15,000 rent bill via the card, you lose Rs. 199 plus taxes, and you earn zero reward points, making this a poor use of the card.
Railway Surcharge: A surcharge on booking or cancelling railway tickets will be levied as prescribed by IRCTC or Indian Railways. This means booking a train ticket will incur the standard IRCTC gateway charges.
Cash Payment Fee: If you walk into a branch to pay your credit card bill with physical cash, a Rs. 250 cash payment fee per deposit is charged. It is much cheaper to pay online via NEFT or UPI.
Cheque Payment Fee: A fee of Rs. 100 is charged for payments made through cheque. Paying digitally avoids this Rs. 100 hit.
Reward Redemption Fee: A reward redemption handling fee of Rs. 99 plus applicable GST is charged per redemption request. If you redeem points worth Rs. 500, losing Rs. 99 to fees hurts, so always redeem in larger batches.
| Fee Type | Amount / Rate |
|---|---|
| Joining Fee | Rs. 1,500 + GST (Waivable on promos) |
| Annual Fee | Rs. 1,500 + GST (Waived on Rs. 5L spend) |
| Interest Rate (APR) | 3.5% per month (42% annually) |
| Late Payment Fee | Rs. 0 to Rs. 1,300 based on balance |
| Forex Markup | 3.5% of transaction amount |
| Cash Withdrawal | 2.5% (Min. Rs. 500) |
| Rent Payment Surcharge | Rs. 199 + GST |
| Cash Payment Fee | Rs. 250 per deposit |
| Cheque Payment Fee | Rs. 100 per cheque |
| Reward Redemption Fee | Rs. 99 + GST per request |
View FAQ
Commonly Asked Questions
What are the joining fees for this card?
The joining fee is Rs. 1,500 plus GST, though it is waived during specific American Express network promotions.
What is the annual or renewal fee?
The annual fee is Rs. 1,500 plus GST, charged from the second year onwards.
Is there an annual fee waiver based on spending?
Yes, the annual fee is waived if you spend Rs. 5 lakh or more in the preceding anniversary year.
What is the interest rate if I do not pay my full balance?
The bank charges an interest rate of 3.50 percent per month, which equals 42 percent per annum on unpaid balances.
How is the interest calculated on outstanding balances?
Finance charges of 3.50 percent per month apply on unpaid outstanding balances until the amount is fully repaid.
What are the late payment charges?
Late fees range from Rs. 0 to Rs. 1,300 depending on the size of your outstanding balance.
Is the late payment fee different based on outstanding amount?
Yes, for example, a balance of Rs. 800 incurs a Rs. 400 fee, while a balance of Rs. 15,000 incurs a Rs. 950 fee.
What is the forex markup for international transactions?
A 3.5 percent forex markup is charged on all transactions made in currencies other than INR.
What are the cash withdrawal charges and limits?
A fee of 2.5 percent of the withdrawn amount is charged, with a minimum flat fee of Rs. 500 per transaction.
Are there fees for paying rent with this card?
Yes, a surcharge fee of Rs. 199 plus GST applies on all rental transactions made using the credit card.
Is there a fee for paying my bill in cash?
Yes, depositing cash to pay your bill incurs a Rs. 250 cash payment fee per deposit.
What are the charges for cheque payment of bills?
A fee of Rs. 100 is charged for credit card bill payments made through cheque.
Are there charges for railway ticket bookings?
Yes, surcharges are levied as prescribed by IRCTC or Indian Railways when booking or cancelling tickets.
Is there a fee to redeem my reward points?
Yes, a handling fee of Rs. 99 plus applicable GST is charged per reward redemption request.
Documents Required
To process your application smoothly, you must provide proof of identity, address, and income. Having these ready prevents unnecessary delays.
You need your PAN Card as the primary identity document. For address proof, an Aadhaar Card, Passport, or Voter ID is acceptable. To prove your income, salaried employees should provide their latest two months' salary slips and the last three months' bank statements showing salary credits. Self-employed applicants must submit their latest Income Tax Return (ITR) computation along with business continuation proof.
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Commonly Asked Questions
Do I need physical document copies for online application?
No, for an online Video KYC application, you just need to keep your original PAN card ready to display on the video call.
What documents prove my income as a salaried employee?
Your most recent salary slips (usually for the last two months) and your latest salary account bank statement serve as valid income proof.
What income proof is required for business owners?
Self-employed individuals must provide their most recent Income Tax Return (ITR) documents reflecting an annual income of at least Rs. 6 lakh.
Is the Aadhaar card mandatory?
While Aadhaar makes digital e-KYC instantaneous and hassle-free, you can use other valid IDs like a Passport or Voter ID if applying through offline channels.
Do I need to submit rent agreements for address proof?
If your current address is different from your Aadhaar address, you may be asked to provide a valid registered rent agreement or utility bill as proof of current residence.
Will the bank verify my office address?
Yes, banks routinely conduct background checks, which may include physical or telephonic verification of your declared office or business address.
Who Should Get This Card?
Who is the ideal user for the Axis Privilege Amex?
This card is tailor-made for the "smart spender" – someone earning around Rs. 50,000 to Rs. 80,000 a month who wants premium perks without a massive fee. If you regularly spend on dining, catch a movie once a month, and take domestic flights a few times a year, the rewards and lounge access fit perfectly. It is lucrative if your annual spends hover around Rs. 2.5 lakh to Rs. 5 lakh, allowing you to hit both the bonus points milestone and the fee waiver.
Who should skip this card?
If you put all your expenses into rent, insurance, and school fees, avoid this card. Since all those categories are strictly excluded from earning points, you will pay the Rs. 1,500 annual fee but earn zero rewards in return. Similarly, if you are looking for international lounge access or heavy direct cashback rather than points, you should look at pure cashback cards instead.
Credit Limit and What to Expect
Your credit limit dictates how much purchasing power you have every month. Axis Bank assigns your credit limit based on your income, existing credit score, and overall debt profile. Given the Rs. 6 lakh income requirement, you can generally expect a starting limit that comfortably accommodates regular household and travel spending.
It is important to keep your credit utilization ratio below 30 percent. If your card gets approved with a Rs. 1 lakh limit, try to keep your monthly outstanding balance below Rs. 30,000 to maintain a high credit score. Axis Bank actively monitors your spending and repayment patterns and often offers credit limit enhancements after six months to a year of responsible usage.
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Commonly Asked Questions
What credit limit will I get on the Axis Privilege Amex card?
Initial credit limits for this card range from ₹1,50,000 to ₹5,00,000 based on your income and credit profile. Higher income and a spotless CIBIL score result in limits toward the higher end of that bracket.
Can I request a higher credit limit later?
Yes, after consistently using the card and paying bills on time for six to twelve months, you can request a limit enhancement via the Axis Mobile app.
Does a high credit limit affect my credit score?
A high credit limit is beneficial because it lowers your credit utilization ratio, provided you do not drastically increase your spending. This helps improve your credit score.
Can I spend beyond my assigned credit limit?
Over-limit transactions are usually declined or attract hefty over-limit penalty fees. It is highly recommended to stay strictly within your assigned limit.
How do I check my available credit limit?
You can instantly view your total credit limit and currently available limit by logging into the Axis Mobile app or the internet banking portal.
Will checking my credit limit reduce my CIBIL score?
No, checking your own credit limit on your banking app is a soft check and has zero impact on your CIBIL score.
How to Apply?
Applying for the Axis Privilege Amex Credit Card is a quick digital process. You can apply directly through the Axis Bank website or via trusted financial platforms. Make sure you have your PAN card, Aadhaar card, and income proofs ready before starting.
The easiest route is the digital application featuring Video KYC. You will fill out your personal, professional, and income details online. If you meet the initial criteria, you will be directed to a Video KYC call with a bank agent. For this to work smoothly, you must be in a well-lit room, have a stable internet connection, and keep your original physical PAN card handy. For Video KYC, you must be within a 50 km radius of your registered address. Once successful, the application processing takes a few days, and you can track it using the Application Reference Number provided via SMS.
View FAQ
Commonly Asked Questions
Where can I apply for this credit card?
You can apply online through the official Axis Bank website, partner platforms, or by visiting a branch.
Do I need to visit a branch to complete the application?
No, if you opt for and successfully complete Video KYC, the entire process is digital.
What do I need for a successful Video KYC call?
Keep your original PAN card ready, ensure good lighting, a strong internet connection, and be near your registered home address.
How can I track my application status?
Use the Application Reference Number sent to your mobile to track the status on the Axis Bank website.
How long does the approval process take?
After successful Video KYC and document verification, approval takes 7 to 10 working days.
What happens if my Video KYC fails?
If Video KYC fails due to connectivity or location issues, you must complete a physical KYC verification through a bank representative visit.
That’s the full story of this credit card
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Top Benefits
Apply and get ₹1300 Rewards
Top Benefits
Earn 10 EDGE Reward Points
on every ₹200 spent domestically and internationally
Get 2 Complimentary Domestic Airport Lounge
Visits per calendar quarter after spending ₹50,000 in the previous 3 months
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