What is the annual fee for LIC Axis Bank Platinum Credit Card?

The card comes with lifetime free annual fee and zero joining fee, making it accessible for LIC policyholders without upfront costs.

How to apply for LIC Axis Bank Platinum Credit Card?

You can apply through Axis Bank's website or mobile app. As a co-branded card with LIC, having an active LIC policy may strengthen your application.

What rewards does LIC Axis Bank Platinum Credit Card offer?

The card earns 1% reward points on all spending across categories. Accumulated points can be redeemed for statement credits, gift vouchers, or travel bookings.

What are the eligibility criteria for LIC Axis Bank Platinum Credit Card?

Eligibility criteria are not publicly specified in the available details. Check Axis Bank's official website or contact their customer service for current income, age, and credit score requirements.

Does LIC Axis Bank Platinum Credit Card offer airport lounge access?

Lounge access benefits are not detailed for this card. Contact Axis Bank directly to confirm whether complimentary or paid airport lounge access is available.

Is LIC Axis Bank Platinum Credit Card worth it?

It's a solid choice if you're an LIC policyholder seeking a no-cost card with flat rewards. The 1% points on all spends and lifetime free status add value, though lounge or premium travel perks aren't highlighted. Compare with other lifetime free cards to match your spending patterns.

Credit Cards

Co-BrandedMidVisa✦ LIC

LIC Axis Bank Platinum Credit Card

LIC policyholders get a lifetime free rewards card

Annual feeLifetime Free

Rewards1.00%1 Reward Point per ₹100

Forex markup3.5%3.5% of the transaction value

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Rewards

Base earn rate

Earn 1 Reward point for every ₹ 100 spent on all other transactions* except fuel, wallet load and EMI conversions

Excludes: Fuel, Wallet Load, EMI Conversions

Category	Rate	Cap
LIC Premium Payment	—	—
Foreign Currency Transactions	—	—

• Redemption fee: ₹99

Lounge access

Domestic

0visits / year

International

Not included

Fees & charges

Joining fee: Nil
Annual / renewal fee: Lifetime free
Add-on card fee: Nil (Joining Fee: Nil, Annual Fee: Nil)
Interest rate: 3.75% p.m. (45.00% p.a.)
Interest-free period: 50 days
Cash advance fee: 2.5% (Min. ₹ 500) of the cash amount
Overlimit fee: 2.5% of over the limit amount (Min. ₹ 500)
Payment dishonour: ₹500
Forex markup: 3.5% of the transaction value
DCC markup: 1.50%
Rent payment fee: 1% (w.e.f. Jul 2025)
Reward redemption: ₹99 per redemption
Fuel surcharge: 1% waiver, on ₹400–₹4000 txns, max ₹400/cycle

Late payment

Nil if Total Payment Due is less than ₹ 500 ₹ 500 if total payment due is between ₹ 501 - ₹ 5,000 ₹ 750 if total payment due is between ₹ 5,001 - ₹ 10,000 ₹ 1200 if total payment due is greater than ₹ 10,000 Additional ₹ 100 on missing payment of Minimum Amount Due (MAD) by the due date for two consecutive cycles. This charge will continue to be applicable for every payment cycle until the MAD is cleared.

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