Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • Axis Bank Privilege Easy Credit Card

    Axis Bank is one of the biggest private banks in India which caters to the financial requirements of its customers through manifold financial products. The Axis Bank Privilege Easy Credit Card is one of the many credit cards which the bank offers to its customers. This credit card comes with a one-time joining fee of Rs.1,500. However, Priority Customers do not have to pay the joining fee. The Axis Bank Privilege Easy Credit Card is a fixed deposit backed card.

    Key Highlights of Axis Bank Privilege Easy Credit Card

    Activation Benefit:

    • Get 12,500 EDGE REWARDS after the payment of the joining fees and completion of 3 transactions within 60 days of the date of issuance of the card. These points can be redeemed against shopping and travel vouchers worth Rs.5,000.

    Annual Benefit:

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    • Renew your Axis Bank Privilege Easy Credit Card to earn 3,000 EDGE REWARDS.

    Annual Fees Waiver Benefit:

    • Spend Rs.2.5 lakh or more on your Axis Bank Privilege Easy Credit Card in an anniversary year and get your annual credit card fee waived.

    Milestone Benefits:

    • Convert your EDGE REWARDS to travel vouchers or shopping vouchers worth twice the value by achieving the milestone spending limit of Rs.2.5 lakh.

    Reward Points Benefits:

    • Get 10 Axis EDGE REWARDS on every Rs.200 spent on the Axis Bank Privilege Easy Credit Card.
    • Use the EDGE REWARDS to redeem against over 500 rewards and offers.

    Features and Benefits of Axis Bank Privilege Easy Credit Card

    Feature Type Benefit
    EDGE REWARDS
    • Get 10 Axis EDGE REWARDS on every Rs.200 spent on the Axis Bank Privilege Easy Credit Card.
    • Use the EDGE REWARDS to redeem against more than 500 rewards and offers.
    Welcome Offer
    • Get 12,500 EDGE REWARDS after the payment of the joining fees and completion of 3 transactions within 60 days of the date of issuance of the card.
    Contactless Benefits
    • Enjoy fast, convenient, and contactless payments against day-to-day purchases using your Axis Bank Privilege Easy Credit Card.
    Milestone Benefits
    • Convert your EDGE REWARDS to travel vouchers or shopping vouchers worth twice the value by achieving the milestone spending limit of Rs.2.5 lakh.
    Annual Benefits
    • Renew your Axis Bank Privilege Easy Credit Card to earn 3,000 EDGE REWARDS.
    Airport Lounge Access
    • Avail 2 complimentary lounge access every quarter of a calendar year in select domestic airport lounges.
    Lifestyle Benefits
    • Choose and enjoy activities from a list of specially curated activities with the Extraordinary Weekends benefit on your Axis Bank Privilege Easy Credit Card.
    Dining Benefits
    • Enjoy discounts of up to 20% at more than 4,000 partner restaurants of Axis Bank through the Axis Bank Dining Delight benefit.
    Fuel transactions
    • Enjoy fuel surcharge reversal at all fuel stations across the country with the Axis Bank Privilege Easy Credit Card.
    • Enjoy benefits of up to Rs.400 every month.
    EMI Conversion Benefits
    • Convert any transaction worth Rs.2,500 or more in to EMIs with the Axis Bank Privilege Easy Credit Card.
    Insurance Benefits Avail a number of insurance benefits with the Axis Bank Privilege Easy Credit Card:
    • Air accident cover: Up to Rs.2.5 crore
    • Credit Shield: Rs.1 lakh
    • Purchase Protection Plan: Up to Rs.1 lakh
    • Loss of Travel Document: Up to $300
    • Loss of Check-in Baggage: Up to $500
    • Delay in Check-in Baggage: Up to $300

    Fees and Charges of Axis Bank Privilege Easy Credit Card

    Type of Fee Charges (in INR)
    Joining Fee Rs.1,500 (Nil for Priority Customers)
    Annual Fee (From the second year) Rs.1,500
    Add-on Card Joining Fee Nil
    Add-on Card Annual Fee Nil
    Finance Charges 3.40% per month or 49.36% per annum
    Cash Payment Fee Rs.100
    Card Replacement Fee Rs.100
    Cash Withdrawal Fee 2.5% of the cash amount, min. of Rs.500
    Late Payment Charges
    • Total amount due of Rs.0 to Rs.300 - Nil
    • Total amount due of Rs.301 to Rs.500 – Rs.100
    • Total amount due of Rs.501 to Rs.1,000 – Rs.500
    • Total amount due of Rs.1,001 to Rs.10,000 – Rs.500
    • Total amount due of Rs.10,001 to Rs.25,000 – Rs.750
    • Total amount due of Rs.25,001 to Rs.50,000 – Rs.1,000
    • Total amount due of more than Rs.50,000 – Rs.1,000
    Over Limit Penalty 2.5% of the overlimit amount, min. of Rs.500
    Cheque return or dishonour fee 2% of the payment amount, min. of Rs.450

    Eligibility Criteria for Axis Bank Privilege Easy Credit Card

    There are a few basic eligibility criteria that have to be fulfilled to be able to apply for the Axis Bank Privilege Easy Credit Card. These are as follows:

    • The age of the applicant should be at least 18 years.
    • The applicant should have a fixed deposit with any Axis Bank branch.
    • The fixed deposit amount should be a minimum of Rs.65,000.
    • The fixed deposit amount should be a maximum of Rs.25 lakh.

    FAQs on Axis Bank Privilege Easy Credit Card

    1. Is there an annual fee payable for the Axis Bank Privilege Easy Credit Card?

      The annual fee payable for the Axis Bank Privilege Easy Credit Card is Rs.1,500. This amount is payable from the second year. However, if the annual spend on the credit card is Rs.2.5 lakh or more, the annual fee is reversed.

    2. Where can I check the limit of my Axis Bank Privilege Easy Credit Card?

      Once the Axis Bank Privilege Easy Credit Card is issued to you, you can check the credit limit of the card in the starter kit which is sent to you. The credit limit varies from person to person and will be communicated to the respective cardholders when the card is being issued by the bank.

    3. Where can I check the available credit limit on my Axis Bank Privilege Easy Credit Card?

      Once you have enrolled your card to the official e-banking portal of Axis Bank, you can simply log in to the same portal or the official mobile phone application to check the credit limit that is available.

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