Axis Bank Privilege Credit Card

Lounge access

• 2 complimentary access per calendar quarter to select domestic airport lounges.
• From 1st May 2024, lounge access is based on Axis Bank Privilege Credit Card spends in the previous 3 calendar months.
• Minimum spends of ₹50,000 in the previous 3 calendar months required.
• For a newly issued card, the minimum spend criteria is waived for the month of card issuance and the following 3 calendar months.
• No international lounge access.

Verified · Axis Bank Privilege Credit Card product page · 2026-08-04 · source

Forex markup

• Foreign Currency Transaction Fee: 3.50% of the transaction value.
• Dynamic Currency Conversion (DCC) markup: 1% plus taxes on each international transaction performed in Indian currency at an international location, or on transactions performed in Indian currency with merchants located in India but registered in a foreign nation (applicable from 5th March 2023).
• A refund of a foreign transaction initiated by the customer also attracts an additional 3.5% fee.

Verified · Axis Bank Credit Cards – MITC (axis.bank.in version, verify applicability to Privilege card) · 2026-08-04 · source

Interest-free period

• Interest-free grace period could range from 20 to 50 days, depending on the date of transaction.
• The interest-free credit period is suspended if any balance from the previous month's bill is still outstanding.
• For cash advances, interest is charged from the date of transaction until the date of payment.

Verified · Axis Bank Credit Cards – MITC (axis.bank.in version, verify applicability to Privilege card) · 2026-08-04 · source

Fuel surcharge waiver

• 1% fuel surcharge refund on spends at all fuel stations across India.
• Maximum benefit of up to ₹400 per statement cycle.
• Service tax charged on fuel surcharge is non-refundable.
• No reward points are earned on fuel transactions.

Verified · Axis Bank Privilege Credit Card product page · 2026-08-04 · source

Milestone benefit

• Additional 10,000 EDGE REWARD points worth ₹2,000 on achieving spends milestone of ₹2.5 lakh in a card anniversary year.
• Spends on Utility & Telecom, Rent, Wallet, Government services, Insurance, Gold & Jewellery, Fuel and Educational services are excluded from the milestone spends threshold.
• Also: Buy-one-get-one free offer on movie tickets via District app (100% discount on second movie ticket) up to ₹250 off per month, once a month on a minimum purchase of two movie tickets (effective 20 June 2025).

Verified · harvested from product page · 2026-08-04 · source

Redemption value

• EDGE REWARD Points redemption fee: Nil if points redeemed is less than 300.
• ₹49 if between 300 and 10,000.
• ₹99 if greater than 10,000.
• Reward point conversion value at closure illustrated at ₹0.20 per Reward Point (may vary by variant).
• Unredeemed EDGE REWARD Points/EDGE Miles may be forfeited 30 days post card closure or if minimum amount due is outstanding more than 90 days (effective 1 October 2025).

Verified · Axis Bank Credit Cards – MITC (axis.bank.in version, verify applicability to Privilege card) · 2026-08-04 · source

Reward cap

• Miles Transfer Program cap (effective 20 April 2024): Maximum of 1 lakh EDGE REWARD Points cumulatively to Group A partners and maximum of 4 lakh EDGE REWARD Points cumulatively to Group B partners in a calendar year.
• For 2024 the cap applied 20 Apr 2024 to 31 Dec 2024.
• From 2025 onward, 1 Jan to 31 Dec.

Verified · harvested from product page · 2026-08-04 · source

Reward exclusion

Verified · Axis Bank Privilege Credit Card product page · 2026-08-04 · source

Transfer partner

Verified · harvested from product page · 2026-08-04 · source

Transfer rule

• For the current calendar year, capping applicable from 20th Apr'24 to 31st Dec'24.
• From next calendar year onwards, capping applicable from 1st Jan'25 to 31st Dec'25.

Verified · harvested from product page · 2026-08-04 · source

Concierge

• 24*7 complimentary concierge service has been discontinued.
• Multi Brand vouchers at double redemption value on achieving milestone spends of every 2.5 Lakhs has been discontinued.

Verified · harvested from product page · 2026-08-04 · source

Eligibility

• Credit Card delivery TAT from date of application shall be 14 Days (approval time may vary).
• Axis Bank will communicate the status of application form within 21 working days.

Verified · Axis Bank Credit Cards – MITC (axis.bank.in version, verify applicability to Privilege card) · 2026-08-04 · source

Official terms

https://www.axis.bank.in/cards/credit-card/privilege-credit-card-with-unlimited-benefits.

Verified · Axis Bank Privilege Credit Card product page · 2026-08-04 · source