Basic Information

Card Details Card Name: LIC Axis Bank Platinum Credit Card
Bank Name: Axis Bank
Card Type: Co-branded Credit Card
Network: Visa
Network Variant: Platinum

Card Category Card Category: Entry Level

Payment Network Payment Network: visa

Eligibility Age: 18–70 years
Residence: Resident of India

Rewards Program

Reward Points LIC Premium: 2 Reward Points / ₹100
Foreign Currency: 2 Reward Points / ₹100
Other eligible spends: 1 Reward Point / ₹100
Reward Expiry: 12 months from accumulation

Redemption Options: E-vouchers, gift cards and reward products
Redemption Fee: ₹30 + GST per request

Travel Benefits

Travel Offers Wednesday Delight: Up to 15% instant savings on flights & hotels via MakeMyTrip

Fuel Benefits

Fuel Savings Fuel Surcharge Waiver: 1%
Applicable Transactions: Fuel transactions ₹400–₹4,000
Maximum Benefit: ₹400 per month

Dining & Entertainment

Dining Dining: Axis Bank Dining Delights offers

Entertainment Wednesday Delight: 10% off on Swiggy; 10% off up to ₹1,000 on Tira

Daily Spending Benefits

Utility Bills Utility Transaction Fee: 1% on cumulative utility spends of ₹25,000 or more per statement cycle

Rent Payments Rent Transaction Fee: 1% per rental transaction

Insurance Payments LIC Premium: 2 Reward Points per ₹100 when paid through eligible official LIC premium payment gateway

Insurance & Protection

Insurance Lost Card Liability Insurance: Complimentary cover up to the card's credit limit

Card Security Lost Card Protection: Complimentary lost-card liability cover up to credit limit

Digital Features

Payments Contactless Payment: Available

Banking Features Mobile Alerts: Free
Hotlisting Charges: Nil
Balance Enquiry: Waived

Add-on Features

Family Benefits Add-on Card Joining Fee: Nil
Add-on Card Annual Fee: Nil

EMI Features EMI Conversion: Eligible purchases of ₹1,500 or more can be converted to EMI

Bill Payments Auto Debit: Available

Fees & Charges

Joining Charges Joining Fee: ₹0 / Nil

Annual Charges Annual Fee: ₹0 / Nil

Finance Charges Interest: 3.75% per month / 55.55% per annum
Late Payment Fee: ₹0 for total due below ₹500; ₹500 for ₹501–₹5,000; ₹750 for ₹5,001–₹10,000; ₹1,200 for ₹10,001–₹50,000; ₹1,300 above ₹50,000

Cash Advance Charges Cash Withdrawal Fee: 2.5% of cash amount, minimum ₹500

EMI Charges EMI Facility: Purchases of ₹1,500 or more can be converted to EMI

Forex Charges Forex Markup: 3.5% of transaction value
DCC: 3.5%

Other Charges Card Replacement Fee: Nil
Overlimit Fee: 2.5% of over-limit amount, minimum ₹500
Reward Redemption Fee: ₹30

Customer Support

Service Customer Support: Axis Bank customer service

Emergency Services Emergency Card Replacement: Not specified

Performance & Ratings

Best Usage Best For: LIC premium payments, foreign currency transactions, fuel savings and basic rewards

Advantages Pros: Lifetime free; 2X rewards on eligible LIC premium payments; 2X rewards on foreign currency transactions; 1X rewards on other eligible spends; 1% fuel surcharge waiver; complimentary lost-card liability cover

Limitations Cons: No complimentary airport lounge benefit listed for Platinum; fuel, wallet-load and EMI transactions do not earn Reward Points; 3.5% forex markup; reward points expire after 12 months