Card Image
Axis Bank Privilege
Annual Fee
₹1,500
Rewards/₹100 ⓘ
₹0.50
Normalized to balance base rate with bonus categories
Interest Rate
40.80%
Credit Score
750+
At a Glance
Key Benefits
Reward points
Lounge Access
8 domestic + 4 intl lounges/year
Eligibility
Any income level, CIBIL: 750+
Quick Details
Annual Fee
₹1,500
#206
Joining Fee
₹1,500
#207
Interest Rate
40.80% p.a.
#68
Forex Markup
3.50%
#75
Rewards/₹100
₹0.50
#238
Reward Type Reward Points
Reward Currency Points
Domestic Lounge Visits
8/year
#30
International Lounge Visits
4/year
#29
Min Credit Score
750+
#186
Min Monthly Income ₹NaN
Network VISA
Late Payment Fee 15.00% (min ₹100)
Over Limit Fee ₹600
Cash Advance Fee 2.50% (min ₹500)
Fee Waiver on Spend ₹2,50,000/yr
Reward Structure
Base
All Spends
₹0.50 /₹100
Reward Calculator
₹
Allocate by Category 100%
Your Rewards
Points Earned 0
Cash Value ₹0
Breakdown
Quick amounts:
Milestone Benefits
Milestone
Fee waiver on Rs. 2.5 lakh annual spend
Spend ₹2,50,000 within 365 days
₹0
value
Airport Lounge Access
Domestic Free
8
visits per year
International Free
4
visits per year
Insurance Coverage
Air Accident
₹50,00,000
Lifestyle Perks
Concierge
24x7 concierge service for travel, dining, and lifestyle bookings
Dining
4 /month
Special dining offers and discounts at partner restaurants
Quick Analysis
A solid mid-tier premium card with decent benefits for regular spenders.
Pros
- Good lounge access, lifestyle benefits, movie offers
Cons
- Average reward value compared to Magnus/Reserve
Best For
Premium benefits, lounge access, lifestyle perks
Not Ideal For
Average reward rate
Frequently Asked Questions
What is the annual fee for Axis Bank Privilege?
The annual fee is Rs. 1500. The fee can be waived on spending Rs. 250000 annually.
What are the eligibility requirements for Axis Bank Privilege?
A good credit score of 750+ is recommended. Income requirements vary based on your relationship with the bank.
Does Axis Bank Privilege offer lounge access?
Yes, the card offers complimentary airport lounge access.
What rewards does Axis Bank Privilege offer?
The card offers reward value ranging from 1.00% to 2.00% depending on spend categories.
What is the forex markup on international transactions?
The forex markup is 3.50% on international transactions.
Which payment network does Axis Bank Privilege use?
The card is issued on the Visa network.
User Reviews
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