Axis LIC Platinum Credit Card
Axis Bank
Last updated: Feb 03, 2026
₹0
₹0
3.5%
No lounge access
Contents
The Axis LIC Platinum Credit Card is a no-annual-fee Visa credit card designed for LIC policyholders and international spenders. It offers a rewarding program with 2X points on LIC premium payments and international transactions. Additional benefits include fuel surcharge waiver, complimentary insurance coverage, and EMI options for high-value purchases.
Rewards Structure of Axis LIC Platinum Credit Card
LIC Premium Payments
baseOfficial LIC payment gateways
2X reward points
International Transactions
acceleratedAll foreign currency spends
2X reward points
Base
baseAll merchants except excluded spends
Standard earn rate"
Fees & Charges of Axis LIC Platinum Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | 0 |
| Annual Fee | 0 |
| Forex Markup Fee | 3.5% |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | 0% |
| Over Limit Fee | ₹500 |
| Returned Payment Fee | ₹450 |
| Cash Withdrawal Fee | 3% |
Renewal Conditions:No annual fee for lifetime
Fee Explanation Standard bank rates apply for overdue amounts.
Detailed Explanation of Axis LIC Platinum Credit Card Fees
Annual Fee: 0 (lifetime)
No fee for lifetime
Cash Advance Fee: 2.5% (transaction)
Minimum ₹250 charge applies
Insurance Coverage with Axis LIC Platinum Credit Card
Additional Features of Axis LIC Platinum Credit Card
Welcome Bonus with Axis LIC Platinum Credit Card
Welcome Bonus: N/A
Bonus Conditions: Valid on LIC premium payments & international spends
Application Process for Axis LIC Platinum Credit Card
Processing Time
5-7 business days
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Apply online via Axis Bank portal
Upload KYC documents
Receive verification call
Card dispatched within 7 business days
Required Documents for Axis LIC Platinum Credit Card
Accepted documents:
Accepted documents:
Accepted documents:
Axis LIC Platinum Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide acceptance across India
International Acceptance
Accepted globally
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for Axis LIC Platinum Credit Card
Quick Eligibility Check
Minimum Age
18+
Credit Score
700+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹41,700
Minimum annual income
Self-Employed Applicants
₹41,700
Minimum annual income
Who Can Apply
Important Conditions
- Customer must have a valid PAN and Aadhaar card.
How Approval Is Decided
- Minimum income ₹41,700/month
- Indian resident
- Credit score above 700
Pros of Axis LIC Platinum Credit Card
- No annual or joining fee
- Accelerated reward points on LIC and international spends
- Fuel surcharge waiver benefits
- Complimentary insurance coverage
Cons of Axis LIC Platinum Credit Card
- Higher forex fee at 3.5%
- No airport lounge access
- Limited accelerated rewards categories
Frequently Asked Questions about Axis LIC Platinum Credit Card
Is there any joining or annual fee for this card?
No, the Axis LIC Platinum Credit Card has no joining or annual fees for lifetime.
What is the reward rate on LIC premium payments?
You earn 2 reward points for every ₹100 spent on LIC premium payments via official gateways.
Are there any fuel surcharge waivers?
Yes, you get a 1% fuel surcharge waiver on transactions between ₹400 to ₹4,000, up to ₹400 per month.
Is this card suitable for international spending?
Yes, it offers 2X reward points on all international spends.
Can I convert purchases into EMI?
Yes, purchases above ₹2,500 can be converted into EMI at prevailing interest rates.
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