Axis Bank PRIMUS Credit Card: Review, Features, Fees & Charges

Axis Bank PRIMUS Credit Card (4)

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If you are someone who loves luxury, then check out the Axis Bank PRIMUS Credit Card! It's an ultra-premium card that comes with a lot of benefits, such as free access to 1,000+ airport lounges, personal concierge services, and 1 reward point for every ₹100 spent. It may charge a hefty joining fee of ₹1.8 lakh + GST, but it makes up for it with the benefits. Love travelling and luxury? Keep reading to know how this card can enhance your lifestyle!

Features and Benefits

Aspects that make spending using this card lit as the sun!

Welcome Bonus
Travel
Fuel
Rewards
Shopping
Cashback
Dining
Insurance
Interest
Lounge
Welcome Bonus

25,000 EDGE Miles OR an ITC Hotel gift card worth ₹40,000 on joining.
 

Dining Benefit

Enjoy the most sought-after tables and make last-minute reservations at over 10,000 global restaurants, including the world's top 50 restaurants and Michelin-star establishments.

Concierge Services

24/7 personalised concierge services to help with bookings, reservations, and recommendations. 

Travel Benefit
  1. Preferential treatment at luxury hotels with exclusive rates and added benefits like free room upgrades and breakfasts, all arranged through premium concierge service.
  2. Custom travel plans, including flying safaris, ski vacations and access to private jets, add that extra touch of luxury and comfort to your vacation.
  3. A free night's stay at a luxury hotel, free companion airfare, airport 'Meet & Assist Service', as well as luxury airport transfer service.
  4. Zero forex markup fee on international transactions.
     
Lounge Access

Unlimited free access to domestic and international airport lounges.

Reward Points
  1. 1 EDGE Mile per ₹100 spent across all categories, with no exclusions
  2. 15,000 bonus miles on spending ₹20 lakh- ₹30 lakh in a quarter; 25,000 bonus miles on spending ₹30- ₹50 lakh and 35,000 bonus miles on spends above ₹50 lakh
  3. A point-to-mile conversion ratio of 1:5 across renowned travel partners, like:

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, and Wyndham Hotels & Resorts.
 

Fuel Surcharge

1% fuel surcharge waiver on transaction amounts between ₹400 and ₹10,000.
 

Other Benefit
  1. Unlimited domestic golf lessons and rounds for primary cardholder (along with one guest)
  2. 10 free golf rounds or lessons at domestic golf clubs for add-on members
  3. 4 free international golf rounds (along with one guest)
  4. Lost card liability cover of ₹25 lakh
Fee and Charges

Think of these as small investments to keep your credit card running smoothly.

Charges

Joining Fee

₹1,80,000

Annual Fee

₹1,80,000

Annual Percentage Rate

12.68%

Add-on Card Fee

₹15,000

Minimum Repayment Amount

5%

Cash Withdrawal Fee

₹0

Cash Advance Limit

NA

Card Replacement Fee

Nil

Foreign Transaction Fee

Nil

Over Limit Penalty

2.50%

Fuel Transaction Surcharge

1%

Reward Point Value

₹0.20
Late Payment Charges

Balance below

Nil
Pros

Aspects that make this credit card amazing.

  1. Valuable joining benefits.
  2. Noteworthy reward program (1 EDGE Mile per ₹100 spent).
  3. Low interest rate of 1% per month.
  4. Zero reward redemption fee.
  5. Zero Foreign transaction fee.
Cons

Aspects this credit card lacks.

  1. High joining and renewal fees with no waiver.
  2. Available only by invitation.
  3. High spending is required to avail of benefits.
Axis Bank PRIMUS Rating & Reviews

This is the truth, the whole truth, and nothing but the truth; brought to you by the other users.

Charges

(3)

Rewards

(4)

Customer Service

(4)

Axis Bank PRIMUS Credit Card Review

The Axis Bank PRIMUS Credit Card, with its high joining and renewal fees, is clearly made for Ultra-High Net Worth Individuals (UHNIs) and High Net Worth Individuals (HNIs). Its offerings are premium and go above and beyond what most credit cards offer. It is a card for people who enjoy luxury and exclusivity, catering to a very niche segment. 
One thing to note is that since there is no annual fee waiver, cardholders will have to pay a considerably high renewal fee every year. This might be a negative point for some. However, it may be a good deal, with all the benefits that come with the card. Additionally, it is an invite-only card, meaning it's not accessible to everyone.
Cardholders can earn EDGE Miles by using the card to pay for rent, utilities and fuel, and maximise their rewards. Additional miles are also available through quarterly milestone benefits. If you are looking for a card that brings luxury, convenience and exclusivity to your life, then this might be the card for you.

Overview

Best For

Luxurious living and travelling

Joining Fee and Annual Fee

₹2,12,400 (inclusive of 18% GST)

Interest Rate 1% per month

Who should get an Axis Primus Credit Card?

It is an ultra-premium card for UHNWIs, only available to select Axis Bank Customers. It is ideal for people who:

  1. Love to travel in luxury and enjoy exclusive access to private jets and private events.
  2. Enjoy preferential treatment and who want to experience fine dining at Michelin-star hotels. 
  3. Travel frequently and enjoy free, unlimited access to domestic and international airport lounges.

Axis Bank PRIMUS Credit Card Rewards

Category

Details

Reward Structure

Earning Rate: 1 EDGE Mile per ₹100 spent on all transactions (no exclusions).

Redemption

Conversion Rate: 1 EDGE Mile = 5 partner airline miles.

Additionally, bonus points are available for high spending, and points can be converted to airline/hotel loyalty programs at a ratio of 1:5.

How to apply for Axis Bank PRIMUS Credit Card?

The Axis Bank Primus Credit Card is an invitation-only card designed for ultra-high net worth individuals. This means that eligibility is based on factors such as:

  1. Net worth: You must have a very high net worth.
  2. Income: You must have a substantial income.
  3. Existing relationship with Axis Bank: You may need to have an existing relationship with Axis Bank, such as being a customer of their private banking services.

The specific eligibility criteria are not publicly disclosed by Axis Bank. If you are interested in applying for this card, it is recommended that you contact Axis Bank directly to inquire about your eligibility.

Axis Bank PRIMUS Credit Card Eligibility

The Axis Bank Primus Credit Card is an invitation-only card designed for ultra-high-net-worth individuals. This means that eligibility is based on factors such as:

  1. Net worth: You must have a very high net worth.
  2. Income: You must have a substantial income.
  3. Existing relationship with Axis Bank: You may need to have an existing relationship with Axis Bank, such as being a customer of their private banking services.

The specific eligibility criteria are not publicly disclosed by Axis Bank. If you are interested in applying for this card, it is recommended that you contact Axis Bank directly to inquire about your eligibility.

Documents Required

  • Proof of Identity: PAN Card, Aadhaar card, Driver's License, Passport, Voter's ID, Overseas Citizen of India Card, Person of Indian Origin Card, Job card issued by NREGA, Letters issued by the UIDAI or any other government-approved photo ID proof.
  • Proof of Address:  Aadhaar card, Driver's License, Passport, Utility Bill not more than 3 months old, Ration Card, Property Registration Document, Person of Indian Origin Card, Job card issued by NREGA, Bank Account Statement, or any other government-approved address proof.
  • Proof of Income: Latest one or two salary slips (not more than 3 months old), latest Form 16, and the last 3 months' bank statement.
Axis Bank Cards Issued & Spends

Keep an eye on the credit card's monthly performance through the number of cards issued and the cumulative transaction value!

Bank name:

Axis Bank

Axis Bank Credit Card Customer Care Number:

1860 419 5555 / 1860 500 5555.

Axis Bank Card Offers:

View Offers

Total Cards:

1,47,92,226
Axis Bank Credit Card News
31 May 2024, Friday
1. Migration of Citi Credit Cards to Axis Credit Cards- All You Need to Know.

As of 1 March 2023, Axis Bank has acquired all consumer banking services from Citibank, including credit cards. The full migration of Citi customers to Axis Bank is anticipated to be completed by 9 June 2024. Existing Citi cards will be substituted with new credit cards from Axis Bank. Below is a list of some of the rebranded cards:

  1. Citi Rewards will become the Axis Rewards Credit Card.

  2. IndianOil Citi Card will become the IndianOil Premium Axis Bank Credit Card.

  3. Citi PremierMiles will become the Axis Bank Horizon Credit Card.

Features of New Axis Bank Credit Cards

1. Axis Rewards Credit Card:

  • Joining/Annual Fee: Rs. 1,000 + GST
  • Welcome Benefits: 5,000 EDGE REWARDS on Rs 1,000+ spend within the first 30 days.
  • Earn up to 20 EDGE Reward Points for every Rs 125 spent.
  • 2 complimentary domestic lounge access.

2. IndianOil Premium Axis Bank Credit Card:

  • Joining/Annual Fee: Rs 1,000 + GST
  • Welcome Benefits: 500 EDGE Miles on the first transaction within 30 days.
  • Earn EDGE Miles for fuel, groceries, and other spends, redeemable at IOCL petrol pumps.
  • Quarterly complimentary domestic lounge access, Zomato discounts, and a fuel surcharge waiver.

3. Axis Bank Horizon Credit Card:

  • Joining/Annual Fee: Rs 3,000 + GST
  • Welcome Benefits: 5,000 EDGE Miles on Rs 1,000+ spent within the first 30 days.
  • Earn EDGE Miles for travel and other categories.
  • International and domestic lounge access, fuel surcharge waiver, EazyDiner discounts.

Post Migration

  • Existing rewards/miles will be converted to Axis Bank EDGE Rewards and/or EDGE Miles with unchanged monetary value.
  • Card number, CVV, annual fees, credit limit, and other details will remain the same.
  • Mandates and saved card information on merchant sites will not change.
  • EMIs and other obligations will be seamlessly transferred to the new Axis card.
13 Mar 2024, Wednesday
2. Axis Bank suspends reward redemptions for credit cards used for Business Spends

Axis Bank has suspended reward redemptions for some credit cardholders and is requesting invoices to verify travel spending. The bank believes that some cardholders are misusing reward points by using their cards for business expenses, which is against the terms of the cardholder agreement. Axis Bank says that this is a routine exercise to monitor suspicious spending, but some genuine cardholders have also been flagged. Experts recommend using separate business credit cards to avoid such problems.

29 Nov 2023, Wednesday
3. Axis Bank has announced a significant devaluation of its Vistara credit cards, effective from 3 January, 2024.

Axis Bank has announced a significant devaluation of its Vistara credit cards, effective from 3 January 2024. The main changes include:

  • No points for government and utility spending: Cardholders will no longer earn any Vistara Points on transactions made towards government dues, utility bills, and insurance premiums. These were previously high-yielding categories that contributed significantly to point accumulation.
  • Loss of monthly milestone benefit: The monthly milestone benefit of 25,000 Vistara Points will also be discontinued. This was a valuable benefit for cardholders who consistently spent a certain amount each month.
10 Oct 2023, Tuesday
4. Axis Bank and Fibe have partnered to launch India's first numberless credit card.

Axis Bank, has teamed up with Fibe (formerly EarlySalary) to introduce the country's first-ever numberless credit card tailored for the tech-savvy Generation Z demographic.

This innovative credit card offers heightened security by eliminating the conventional card number, expiry date, and CVV code typically printed on physical cards. This forward-thinking design is expected to reduce the risk of identity theft or unauthorized access to cardholders' information, ensuring the utmost in security and privacy. The card will be accessible to Fibe's extensive customer base, which exceeds 2.1 million individuals.

13 May 2023, Saturday
5. Axis Bank links Rupay credit cards with UPI.

Axis Bank has enabled linkage of RuPay Credit Cards with Unified Payments Interface (UPI). This means that Axis Bank customers can now use their RuPay Credit Cards to make payments through UPI. UPI is a real-time payment system developed by National Payments Corporation of India (NPCI). It allows users to make instant payments to any bank account in India with just a few taps on their phone.

11 Apr 2023, Tuesday
6. Axis Bank Credit Cards adds six new transfer partners to EDGE Rewards

Taking the number up to 19, Axis bank added 6 new transfer partners to its existing list. These include hotel networks Accor ALL & Wyndham Rewards, Star Alliance’s Air Canada’s Aeroplan & Thai Airways Royal Orchid Plus as well as Oneworld Alliance’s Japan Airlines JAL Mileage Bank & Qantas Frequent Flyer.

These 19 transfer partners are cumulatively a part of Axis bank’s reward program known as the EDGE Rewards.

Axis Bank PRIMUS Customer Reviews

No Customer reviews yet. Be the first to review this card.

Frequently Asked Questions

The credit limit for the Axis Bank Primus Credit Card is typically very high and is determined on a case-by-case basis. It is often based on factors such as your income, net worth, and existing banking relationship with Axis Bank.

Due to the exclusive nature of this card, the exact credit limit can vary significantly.

The Axis Bank Primus Credit Card offers an array of exclusive benefits designed for ultra-high net worth individuals.

 Here are some of the key benefits:   

Travel Benefits:

  1. Unlimited domestic and international lounge access: Enjoy access to over 1,300 airport lounges worldwide through Priority Pass, along with 24 complimentary guest visits per year.
  2. Complimentary airport transfers: Get a complimentary one-way luxury airport transfer service per itinerary at participating airports worldwide.   
  3. Complimentary hotel stays: Enjoy a complimentary night stay when booking a minimum of two consecutive nights at over 900 luxury hotels.   
  4. Unlimited free companion's airfare: When you purchase a first-class or business-class ticket, your companion can fly for free.   
  5. One-way airport meet and assist or fast track immigration: Get assistance at airports worldwide.   
  6. Curated travel itineraries: Experience exclusive travel itineraries, such as flying safaris and ski vacations, with access to private jets.   

Luxury Experiences:

  1. Private jet access: Enjoy exclusive access to private jets for your travel needs.   
  2. Curated global events: Receive invitations to private art gallery tours, global sporting events, exclusive menus, and limited edition fashion experiences.   
  3. Exclusive access to restaurants: Get preferential access to over 10,000 global restaurants, including Michelin-star establishments and the world's top 50 restaurants.   

Personalized Concierge Services:

  1. Dedicated concierge: Benefit from a dedicated concierge service that can assist with your travel, dining, entertainment, and lifestyle needs.   
  2. Tailored services: Enjoy personalized services, such as golf tee times, yacht charters, and private tours.   

Additional Benefits:

  1. Zero foreign exchange markup fee: Enjoy no extra charges when making transactions abroad.   
  2. Fuel surcharge waiver: Avoid paying fuel surcharge on transactions between Rs. 400 and Rs. 10,000.
  3. Complimentary Taj Epicure membership: Enjoy exclusive privileges at Taj Hotels.   
  4. Exclusive offers and discounts: Access exclusive offers and discounts from luxury brands and partners.

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