As a premium luxury credit card, the Axis PRIMUS Credit Card offers various benefits – access to airport lounges, last-minute reservations at Michelin-starred restaurants, invitations to private art gallery tours or global sporting events, among others. In addition, cardholders get free access to Bloomberg and Taj Epicure memberships. With its wide range of features and benefits, the Axis Bank PRIMUS Credit Card has a few more advantages to offer. Let’s explore the key features of the Axis Bank PRIMUS Credit Card.
Axis Bank PRIMUS Credit Card Rewards and Benefits:
Benefits of joining: 25,000 Axis EDGE miles OR Rs 40,000 Gift Card from ITC Hotels
Type of reward: Reward Points
Reward rate: 1 EDGE mile for every Rs 100 spent on all transactions
Redeeming the reward: 1 EDGE mile = 5 partner miles. You can redeem EDGE miles for product catalogs, vouchers and partner miles.
Lounge access for domestic travelers: Unlimited free domestic lounge access for primary and additional cardholders. 12 free guest visits per year.
International Lounge Access: Unlimited lounge access for primary and additional Axis Bank PRIMUS credit card holders with Priority Passes. 12 complimentary guest visits per year.
Golf: a) International Golf Access: 4 free rounds of golf with a guest
b) Domestic Golf Access: Unlimited free rounds and hours of golf with one guest per year
c) Additional golf access card: 10 free rounds of golf or lessons at local golf clubs
Insurance benefits: Liability for card loss up to Rs 25,00,000
Axis Bank PRIMUS Credit Card Fees:
Interest rate: 1% per month or 12.68% per year
Fuel surcharge: 1% of the transaction amount if it is between Rs 400 and Rs 10,000.
Fee for redeeming rewards: Zero
Foreign currency surcharge: Zero
Cash withdrawal fee: Zero
Late payment fee: Zero
Dynamic currency conversion fee: Zero
Axis Bank PRIMUS Credit Card Rewards:
Unlike other credit cards, Axis Bank PRIMUS Credit Card offers reward points on spending across all transaction categories including fuel, rental payments, insurance premiums and utility bills. You can earn 1 EDGE mile for every Rs 100 spent on Axis Bank Primus Credit Card.
The following partners are entitled to transfer miles with the Axis Bank Primus Credit Card:
Accor, Air Asia, Air Canada, Air France – KLM, Air India, Air Vistara, Ethiopian Airlines, Etihad Airways, IHG® Hotels & Resorts, ITC, Japan Airlines, Marriott International, Qantas Airways, Qatar Airways, Singapore Airlines, SpiceJet, Thai Airways, Turkish Airlines, United Airlines, Wyndham Hotels & Resorts
Axis Bank Primus credit card holders get rewards based on their spending per quarter. For example, if a cardholder spends Rs 20 lakh in a quarter, he or she will get 20,000 base EDGE miles and 15,000 bonus EDGE miles, for a total of 35,000 EDGE miles. When converted into partner miles, these EDGE miles total 1.75 lakh miles.
When purchasing a full-fare First or Business Class ticket on participating airlines, Axis Bank Primus Main Credit Card holders are entitled to a complimentary escort flight (excluding taxes and surcharges). All Axis Bank Primus Main and Additional Credit Card holders are entitled to a complimentary one-way ‘Meet & Assist Service’ or ‘Fast Track Immigration Service’ to the airport when travelling worldwide. Cardholders are also entitled to a complimentary one-way luxury airport transfer service per itinerary at participating airports worldwide. Note that this benefit is only available to those flying Business Class or above on full-service airlines. Please read the terms and conditions of booking your flight tickets to avail these services.
Axis Bank Primus Core Credit Card holders enjoy discounted rates at over 900 luxury hotels around the world. Other benefits such as complimentary concierge service are also available.
Axis Bank PRIMUS Credit Card Fees
Joining fee: 180,000 rupees + taxes
Renewal fee: 180,000 rupees + taxes
Should you choose Axis Bank PRIMUS Credit Card? Pros and Cons of Axis Bank PRIMUS Credit Card
One of the most outstanding features of the Axis Bank Primus Credit Card is its reward points and affordable redemption rates. Firstly, there is no restriction on accruing reward points. Be it a utility bill or an airfare, you will earn rewards on all transactions (for every Rs 100 spent). Moreover, the cardholders can convert their EDGE miles into partner miles at a ratio of 1:5, making it ideal for frequent travellers who often stay at partner hotels or fly with partner airlines. Moreover, unlimited lounge access at domestic airports, international lounge access with a Priority Pass, complimentary meet-and-greet services at the airport and premium airport services indicate that it is suitable for those who love luxurious travel experiences.
Axis Bank Primus Credit Card comes with a hefty joining fee of Rs 1.8 lakh plus GST. Axis Bank Primus Credit Card is an invitation-only card, so only high net worth individuals can afford this card. Also, this card does not have a spending-based annual fee waiver like the usual credit cards available in the market. Irrespective of how much you spend in a year, you will have to pay an annual fee of Rs 1.8 lakh plus GST for Axis Bank Primus Credit Card.
Remember that Axis Bank Primus Credit Card is an invitation-only credit card. Axis Bank Primus Credit Card was launched to select customers in New Delhi and Mumbai at the ‘Axis Bank PRIMUS Soiree’, the private bank said.
