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| Monthly Spend | ₹5K | ₹10K | ₹20K | ₹50K | ₹100K |
|---|---|---|---|---|---|
| Net Reward Yield | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% |
| Est. Monthly Reward (₹) | 5 | 15 | 40 | 95 | 200 |
| All-India Rewards Rank* | 139 | 198 | 263 | 327 | 337 |
| Within Bank Rank* | 13 | 21 | 23 | 26 | 27 |
| * Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here. | |||||
The LIC Axis Bank Platinum Credit Card gives effective rewards of 0.40% on LIC Premium payments & foreign currency transactions and 0.20% on all other spending.
We estimate this card has a net reward yield of 0.2%, which is among the lowest of any card in India.
The Axis Bank ACE Credit Card with a net reward yield of 2.3% is one of the best credit cards in India and is our recommended card for most Axis Bank customers.
Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.
| Card | LIC Axis Bank Platinum Credit Card |
|---|---|
| Card Type | Reward |
| Reward Features | 2 EDGE Rewards / ₹100 on: – LIC Premium Payment – Foreign Currency Transactions 1 EDGE Rewards / ₹100 on all other spends |
| Milestone Rewards | Nil |
| Other Rewards | – 15% off at partner restaurants with Axis Bank Dining Delights |
| Rewards Redemption Fee | Nil |
| Reward Caps | Unlimited |
| Preferred Redemption Method | Redeem Edge Points on shopping and travel vouchers @₹0.20 / reward point |
| Card | LIC Axis Bank Platinum Credit Card | |
|---|---|---|
| Joining Fee | Nil | |
| Annual Fee | Nil | |
| Min. Annual Credit Card Spend for Fee Waiver |
N/A | |
| Income Criteria | Salaried | N/A |
| Self-employed | N/A | |
| Supplementary Card Fee | Free | |
| Interest Rate | 52.86% p.a. | |
| Foreign Currency Markup | 3.50% | |
| Cash Advance Charge | 2.50% with a minimum of ₹500 | |
Questions? Suggestions? See a mistake? Write to us!
Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.
2 Free Movie / Stream / Play / Events / Sports / Activities tickets up to ₹250 each and ₹100 off on F&B Spends on BookMyShow tickets.
8 reward points / ₹400 on bill payments & education and 1 point on all other spends. Fuel surcharge waiver of up to ₹100 per month.
