Axis Bank Signature Credit Card is now India’s one of the most premium credit services, which provides you luxuries lifestyle benefits. It’s also known as one of the best travel-friendly credit cards all over India. So, if you are interested in knowing more about it or going to issue this card now or in the future, you must go through this article.
Here in this article, we will do a proper review on this card where we talk about the benefits to all the fee aspects regarding this.
In this article
This is now India’s one of the best credit cards, which provides you with more than enough benefits that help you lead a luxurious lifestyle across India. So, let’s discuss some of its key features and highlights.
You can join the service with the payment of only Rs. 5,000.00 but if you have a special invitation, then you just pay only Rs. 3,000.00. You can renew the service with Rs. 3,000.00 annual fee which starts from 2nd year onwards. After issuing your card, you can get 100 points on the first online transaction by using this card. The company provides you with an air accident cover of which you may get up to 2.5 crores. Besides, there are no punitive charges on spending over the limit for Burgundy Clients. Though it is not a fuel credit card, you can get a waiver on the fuel surcharge. Here, You can get 15% off on the total amount of your bill in the specific hotel and restaurant. You also get 10 rewards points per Rs. 200 spent domestic spends. Besides this, you get a priority pass membership and two India Airport free lounge access per quarter.
This card provides you with domestic services and provides rewards on some international spends too. It gives 2x reward points on your international spending. You can also check the below table for your easy understanding.
These are basically the key features of this card. But there are still many characteristics and benefits that we discuss in the upcoming portion of the article.
The company provides you with a benefit and provides a good reward point on your national and international spending. You can get 10 reward points per Rs. 200.00 spends in India.
Besides this, you get 2x reward points on your every international spend by using this card.
Who Should Opt For The Credit Card?
If you want to apply for this card, then your age has to be more than 18. And the maximum age limit 70 years. Salaried and Self-employed people both are eligible for this card. But the minimum income is Rs. 9 Lakhs per annum if you want to opt for this card.
What Makes This Credit Card Better From Other Credit Cards?
Axis Bank Signature credit card is basically an all-around beneficial card that provides you with cashback to International spend rewards in just one single card. As we know, there are lots of credit cards available in the market. But among them, most of the cards aren’t multipurpose cards. But this Axis Bank Credit card is really a multipurpose card. This card provides you cashback, waiver on fuel surcharge, two free access on any Indian Airport lounge, discounts of hotels, reward points on your International spends, air accident cover-up, and many more in just one card. This is the area where it beat almost every credit card that is available in the market.
Features And Benefits
After issuing the card, the first reward you get is when you use this card on your first online transaction. The total benefits on Axis Bank’s signature credit card are more than Rs. 33,000.00
Here are the full details of the benefits that you provided by the company after using this card.
i. Welcome Offer
As we discussed above, you will get 100 reward points on the first online transaction.
ii. Flexible Spending Limit
In the Axis Bank Burgundy clientele, you may spend over your credit limit without paying any punitive charges.
iii. Lounge Access On Domestic Airport
With the help of this benefit, you get two Indian Airport lounge visits every quarter without paying a single penny besides this Priority Pass membership free of cost.
- Flash your Axis Bank Signature Credit card, which gives you access to airport lounges across whole over India.
- By using a Priority pass membership card, you can get access to over 700 VIP lounges in more than 90 countries and 275 cities across the globe.
- Here priority pass membership is only for the members who have the primary card.
iv. A waiver On Fuel Surcharge
You can get options as Rs 400.00 is waived every month by using this credit card. But the requirement is you have to spend between Rs. 400 to Rs. 4000. But you do not eligible in this waiver scheme if you spend less than Rs. 400 or more than Rs. 4000, by using this card.
v. Cashback On Movie Tickets Booking
You can get up to 50% cashback on your movie tickets while you book tickets on BookMyShow by using this card. But here, the maximum cashback Rs. is 2000. Suppose if you buy movie tickets for Rs. 5000.00 then your cashback will be 2000.00, not 2500/-.
vi. Conversion Of EMI
This is also a very cool feature that companies provide to their cardholders. By using this feature, you can convert any transactions into EMI, which is more than Rs. 2500/-.
vii. Discount On Hotels And Restaurants
Suppose you are issuing a credit card from Axis Bank and don’t get a discount on hotels, which is not possible. Like every other credit card, you get discounts on hotels and restaurants on this card too. The company provides a minimum 15% discount on your total bill in selected restaurants across India.
viii. Reward Program
You get 10 reward points on spend of Rs. 200/- in across India. And in the case of International spending, you will get just double reward points. If you spend Rs. 200 outside of India, then you will get 20 reward points.
ix. Insurance Benefits
Insurance benefits are the most valuable benefits of this card. Very few credit cards now provide these benefits to their cardholders when they issue a new card, and Axis Bank Signature credit card is one of them. Here is the full information regarding the insurance that the company provides to their cardholders.
So, let’s talk about the fee regarding this card. You have to pay Rs. 5000.00 at the time of joining. But if you have any special invitation, then you have to pay Rs. 3,000.00. You can now check the table below where we talk about all kinds of charges you have to pay whenever needed.
Besides this, you have to pay the latest GST as per the Rules of the Govt. of India.
Here the conversion Rate is considered as $ 1=Rs. 60/-. The priority pass membership is also paid for by you. The membership must be renewed from the 2nd year onwards if the cardholders want to renew it. You can access the lounges visit free of costs per quarter which assumed Rs. 800/-.
The redemption value of each Axis Bank EDGE rewards points Rs. 0.20/-
Eligibility And Required Documents
If your age is between 18-70 years, you can apply for this card. Here is the table where we discuss the eligibility criteria.
How To Apply For This Credit Card?
If you want to apply for this card, then you have to visit the official website of Axis Bank of India. Here you find the application area and all the guidelines regarding this. Then you have to follow all mentioned steps and fill in all the details regarding this. In this way, you can opt for this card. After it, the Bank officials directly contact you.
Besides this, if you cannot apply online, then visit the nearest branch of Axis Bank, where the officials will help you.
1. What are the charges for Priority Pass lounge visits?
Axis Bank Signature Credit Cards with Lifestyle Benefits only provides Priority Pass membership. Thus, all visits are chargeable. The price starts from USD 16.50 and can go up to USD 25.
2. Does the Axis Bank Signature Credit Cards with Lifestyle Benefits Provide free Golf Lessons or Green Fee Waivers?
No, Axis Bank Signature Credit Cards with Lifestyle Benefits does not provide any form of golf privileges or offers.
3. I am a Burgundy level client at Axis Bank. Will I be charged the full joining fee amount if I apply for the card?
Yes, you will have to pay Rs—5,000 as a joining fee if you apply for the card. However, you can contact Axis Bank customer care centre to know if you can get the discounted price of Rs. 3,000.
4. Are Axis Bank Burgundy members only eligible to apply for Axis Bank Signature Credit Cards with Lifestyle Benefits?
Anyone can apply for Axis Bank Signature Credit Cards with Lifestyle Benefits as long as they meet the eligibility criteria.
5. Is Axis Bank Signature Credit Cards with Lifestyle Benefits an invitation-only credit card?
No, anyone can apply for Axis Bank Signature Credit Card, which comes 5with Lifestyle Benefits. However, those invited to apply for the card will get a special price on the joining fee, Rs. 3,000 instead of the usual Rs. 5,000.
If you don’t like or afford this card, you have to try these under mentioned cards, which is almost the same as beneficial and profitable.
So, these are the complete details and review of Axis Bank Signature credit card. If you want to look like this kind of multi-purpose card, this will be a perfect choice. But before applying for this card, please consult a financial adviser to clear that if you really need this card or not. I hope you guys get all the answers to your questions regarding this. That’s all for today. Stay tuned with us more, getting more interesting reviews.