Axis Bank Privilege Credit Card
Axis Bank · Points/miles card · ₹1,500 annual fee
Fees & benefits
| Annual fee | ₹1,500 + GST — waived at ₹5,00,000/yr spend |
| Welcome benefit | ~₹2,500 value |
| Airport lounges | 8 domestic · 0 international / year |
| No rewards on | rent, wallet, fuel, government, emi |
Reward rates (with caps — the part that actually matters)
| Rule | Effective rate | Monthly cap | Applies to |
|---|---|---|---|
| 10 EDGE points per Rs.200 | 1% | Uncapped | all eligible spend |
Milestones
Annual voucher on spend milestone: ₹3,000 at ₹2,50,000/yr spend
What it's worth at your spend
Net annual value on a typical Indian urban spend mix (shopping-heavy, incl. groceries, dining, fuel, travel, bills), after caps and fees. Rank is out of all 50 cards we track.
Caveats & recent changes
8 domestic lounge visits/year; welcome 12,500 EDGE points after fee levy + first spend (modeled at ~Rs.2,500).
Flat 10 EDGE points/Rs.200 on eligible spend.
Verified 2026-07-16 against independent official-source verification; reward-point rupee values are modeled (see est. tags).
Quick answers
Is the Axis Bank Privilege Credit Card lifetime free?
No, the annual fee is ₹1,500 (plus GST), waived on spending ₹5,00,000 a year.
What is the highest reward rate on the Axis Bank Privilege Credit Card?
1% — 10 EDGE points per Rs.200. Effective value depends on monthly caps; see the caveats on this page.
Does the Axis Bank Privilege Credit Card give airport lounge access?
Yes — 8 domestic visits/year.