Basic Information

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

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

Rewards Program

Reward Points LIC Premium: 2 Reward Points/₹100
International/Foreign Currency: 2 Reward Points/₹100
Other eligible spends: 1 Reward Point/₹100
Fuel, wallet load & EMI conversions: No reward points

Cashback Activation Benefit: 100% cashback up to ₹300 on first utility bill payment within first 30 days of card issuance

Redemption Redemption: E-vouchers, gift cards and other products through LIC rewards catalogue
Redemption Fee: Nil

Travel Benefits

Airport Lounge Domestic: 8 complimentary visits per calendar year
Maximum: 2 per quarter

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

Shopping Benefits

Brand Offers Wednesday Delight: 10% off on Swiggy and Amazon Fresh; 10% off up to ₹1,000 on Tira

Fuel Benefits

Fuel Savings Fuel Surcharge Waiver: 1%
Eligible Fuel Transactions: ₹400–₹4,000
Maximum Benefit: ₹400/month

Dining & Entertainment

Dining Dining Discount: Up to 20% at partner restaurants through Axis Bank Dining Delights

Daily Spending Benefits

Utility Bills Activation Benefit: 100% cashback up to ₹300 on first utility bill payment within first 30 days

Rent Payments Rent Transaction Fee: 1% per transaction

Education Education Transaction Fee: 1% on education payments made via third-party apps

Insurance & Protection

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

Card Security Lost Card Liability Protection: Up to credit limit
Hotlisting Charges: Nil

Digital Features

Banking Features Mobile Transaction Alerts: Free

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: Not Available

Fees & Charges

Joining Charges Joining Fee: Nil

Annual Charges Annual Fee: Nil

Finance Charges Interest: 3.75% per month / 55.55% per annum
Late Payment: ₹500–₹1,300 depending on outstanding amount

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

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

Forex Charges Forex Markup: 3.50%
DCC: 3.5%

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

Performance & Ratings

Best Usage Best For: LIC premium payments, international spending, basic rewards, domestic airport lounge access and fuel

Advantages Pros: Lifetime-free; 2X rewards on LIC premiums and foreign-currency transactions; 8 domestic lounge visits/year; 1% fuel surcharge waiver; complimentary lost-card liability cover

Limitations Cons: No rewards on fuel, wallet loads and EMI conversions; 3.5% forex markup; limited lounge access; no stated cashback program apart from activation utility offer