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REWARD POINTS CARD

LIC Axis Bank Platinum Credit Card

Axis Bank

Earns Reward Points: 2 per ₹100 on LIC premium payments and foreign currency transactions, 1 per ₹100 on most other spends. Includes a 1% fuel surcharge waiver and lost card liability insurance cover up to the credit limit.

No Reward Points on fuel, wallet load or EMI conversions. The 2X rate on LIC premiums applies only via official LIC gateways. Fuel surcharge waiver covers ₹400–₹4,000 transactions, max ₹400 a month. Foreign currency fee is 3.5%.

LIC Axis Bank Platinum Credit Card
ANNUAL FEE
No annual fee
JOINING FEE
No joining fee
REWARDS
Not stated
Earning terms not yet recorded
KEY BENEFIT
Earn 2 Reward Points for every ₹100 spent on LIC premium payments and foreign currency transactions.
BEST FOR
Included: May suit cardholders who pay LIC premiums through official LIC gateways and prefer a card with no joining or annual fee.
Included: May suit spends that include regular LIC premium payments through official LIC gateways.
Included: May suit foreign currency spends, which earn 2 Reward Points per ₹100 (a 3.5% foreign currency fee also applies).
Included: May suit users who want a card with no joining or annual fee and 1 Reward Point per ₹100 on eligible spends.
Limitation: Spends on fuel, wallet loads, EMI conversions, utilities, rent or education may wish to compare other cards.
Limitation: Those lIC premium payments made via third-party apps, which do not earn the 2X rate may wish to compare other cards.
Limitation: Spends on fuel, wallet loads, rent, utilities or education, which earn no Reward Points may wish to compare other cards.
Limitation: Those seeking an airport lounge benefit may wish to compare other cards.
Typical fit only. This is not personalised advice and not an indication of approval.
GOOD TO KNOW
Condition: Fuel, wallet load and EMI conversions earn no Reward Points. The 1% fuel surcharge waiver covers transactions of ₹400–₹4,000, with a maximum benefit of ₹400 a month.
Condition: Rewards are redeemed by calling customer care on 1800 419 0064. A ₹30 + GST fee applies per redemption request, and points expire 12 months after they are earned.

Rewards & real value

What the card earns, and what changes that figure in practice.
WHAT THE CARD EARNS
EVERYTHING ELSE
Not stated
No earning rate recorded for this card
REWARD POINT VALUE
Not stated
Effective return cannot be calculated without it

Eligibility

Minimum income
Not stated
Minimum age
18
Maximum age
70

Fees & ownership

Joining fee
No joining fee
Annual / renewal fee
No annual fee
Fee waived at
Not stated
Forex markup
3.5%
Finance charge
3.75% per month
Cash withdrawal fee
2.5% of the amount, minimum ₹500
Late-payment charge
Not stated
Interest-free period
20–50 days

Benefits & privileges

TRAVEL
Domestic airport lounge
Not stated
International airport lounge
Not stated
Railway lounge
Not stated
Lounge spend requirement
Not stated
Lounge programme
Not stated
EVERYDAY
Fuel
1% on fuel transactions of ₹400–₹4,000 at all fuel stations in India; max benefit ₹400 a month; GST on surcharge non-refundable
Dining
Not stated
RuPay / UPI
Not stated

Caps, exclusions and redemption

Major excluded categories
No points on fuel, wallet load and EMI conversions; LIC rewards T&C also excludes utilities, education, government services, rent, gift cards, cash advances, tolls; Fuel, wallet load, EMI conversions, utilities, education, government services, rent, gift cards, cash advances, bridge/road fees and tolls
Categories earning nothing
Not stated
Monthly reward cap
Not stated
Annual reward cap
Not stated
Reward point value
Not stated
Points expiry
12 months
Redemption fee
₹30
Minimum redemption
Not stated
Credited automatically
Not stated

Who this card may suit

MAY SUIT
Included: Earn 2 Reward Points for every ₹100 spent on LIC premium payments and foreign currency transactions.
Included: Complimentary lost card liability insurance cover up to the credit limit.
Included: Purchases of ₹1,500 or more can be converted into EMI by contacting the bank.
Included: Reward Points can be redeemed against e-vouchers, gift cards and other products via customer care or the rewards catalogue.
MAY NOT SUIT
Not stated
Typical fit only, based on the card’s own published terms. This is not personalised advice and not an indication of approval.
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Figures last checked 31 Oct 2026 against the issuer’s published terms.