What Are The Best LIC Credit Cards?

Bio

Shreyansh Singh, an IIT Kanpur alumnus, has eight years of experience in the finance industry. He has spent 5 years at American Express developing mid to long-term strategies for multiple markets including US, Europe and India. Shreyansh currently leads Growth and Strategy initiatives at Pice.

3 Dec 25
7 mins

Shreyansh Singh

08 Mins
03-12-25

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Table of Contents

List of LIC Credit Cards Issued with Axis Bank
List of LIC Credit Cards Issued with IDFC FIRST Bank
List of LIC Credit Cards Issued with IDBI Bank
LIC Credit Card Eligibility Criteria
Documents Required to Apply for LIC Credit Cards
Terms and Conditions Associated with LIC Credit Cards
Conclusion

LIC credit cards are co-branded with Axis Bank, IDBI Bank, and IDFC FIRST Bank, offering distinct features for different customer needs.
You can earn bonus points, like 2,000 reward points on LIC Classic Credit Card, by meeting minimum spend criteria soon after card issuance.
LIC credit cards provide lifestyle perks such as dining, travel, and entertainment discounts through platforms like MakeMyTrip and BookMyShow.
Most LIC credit cards allow you to convert transactions above ₹2,500–₹3,000 into easy EMIs with multiple tenure options.
Anyone aged 18–70 with a good credit score (typically 700+) can apply, and bills can be paid securely via the PICE app.

Credit cards offered by LIC, in collaboration with India’s top banks, offer exclusive lifestyle rewards. For instance, the LIC Classic Credit Card, co-issued with IDFC First Bank, lets you earn 2,000 reward points when you spend ₹10,000 within 30 days of card issuance.

Similarly, other LIC credit cards are also thoughtfully designed to suit your financial and everyday needs. In this blog, we will explore the complete list of such cards, categorised by their issuing banks.

List of LIC Credit Cards Issued with Axis Bank

The LIC Credit Cards issued with Axis Bank include 2 variants, the Signature and Platinum credit cards. Both cards come with an interest-free credit period of up to 50 days and require a minimum income of ₹15 lakh and ₹5 lakh respectively to be eligible for them.

Key Features:

Gain the chance to apply for up to 3 add-on cards for your family members.
Earn 2 reward points for every ₹100 spent on foreign currency transactions and LIC premium payments.
Get the facility to convert your transactions into EMI (minimum of ₹2,500).
Avail exciting offers every Wednesday, such as a 15% discount on hotel and flight bookings via MakeMyTrip, 10% off on Swiggy and 10% off up to ₹1,000 on Tira.

List of LIC Credit Cards Issued with IDFC FIRST Bank

LIC, in collaboration with IDFC FIRST Bank, offers 2 lifetime-free credit cards, the Classic and Select Credit Card. With these, you can enjoy airport lounge access by spending ₹20,000 in the previous month and earn reward points that stay valid for 3 years.

Key Features:

Enjoy 2,000 reward points if you make transactions of ₹10,000 within the first 30 days of card issuance as a welcome benefit.
Earn up to 45x bonus reward points if you book hotels via the IDFC FIRST Bank mobile app.
Get comprehensive personal accident insurance of ₹2 lakh with the LIC Classic Credit Card and ₹5 lakh with the LIC Select Credit Card.
Avail complimentary airport lounge access, up to 2 times every quarter and railway lounge access, up to 4 times every quarter.

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List of LIC Credit Cards Issued with IDBI Bank

The LIC Eclat Card and the LIC Lumine Card are ideal for customers looking to enjoy fuel surcharge waivers and earn reward points on LIC premium payments up to 2X. Moreover, these cards offer exclusive delight points as a welcome bonus for new cardholders.

Key Features:

Gain up to 1,500 delight points if you spend ₹10,000 within 2 months from the date on which the bank issues the card.
Enjoy a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000 with the LIC Eclat Card and between ₹400 and ₹4,000 with the LIC Lumine Card.
Get the EMI conversion facility on the amount of ₹3,000 (minimum) with flexible tenure options of 3, 6, 9 or 12 months.
Get an amazing BookMyShow offer (Buy 1 Get 1) on the 2nd and 4th weekend of every month.

Note: 1 delight point equates to ₹0.25.

💡Pay your credit card bills in an easy and secure way with the PICE App.

LIC Credit Card Eligibility Criteria

To apply for an LIC credit card, applicants must meet certain eligibility requirements related to age, nationality and credit score.

Age

The primary credit cardholder must be between 18 and 70 years old.

Nationality

These cards are available for both Indian residents and non-resident Indians.

Credit Score

Having a good credit score is necessary to apply for LIC credit cards, typically 700 for LIC employees and 740 or above for other applicants.

Note: As all the LIC cards are partnered with specific banks, make sure you check the criteria from the banks’ official website before applying.

Documents Required to Apply for LIC Credit Cards

To apply for any of the above-mentioned cards, you need to submit:

Copy of your PAN card
Identity proof (a photocopy of your voter ID or Aadhaar card)
Address proof (a photocopy of your passport or utility bills)
A recent passport-sized photograph
Income proof (Latest payslip if you are a salaried individual; IT return copy if you are self-employed).

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Terms and Conditions Associated with LIC Credit Cards

The terms and conditions for these cards may vary based on the partner bank. Below is a detailed overview of the key terms associated with LIC Credit Cards issued in collaboration with Axis Bank, IDBI Bank and IDFC FIRST Bank.

Cards in Partnership with Axis Bank

You can only redeem reward points against products that are mentioned in the catalogue developed by the bank.
All reward products and gift cards will be sent to the address mentioned in the application form via speed post within 21 business days from the date on which you redeemed.
According to RBI guidelines on usage, you can use these cards only at contact-based points within India (ATMs and point of sale devices).

Cards in Partnership with IDBI Bank

IDBI Bank charges an interest rate of up to 3.40% per month on revolving credit facility and cash advances for LIC Eclat and Lumine credit cards.
Applicants get a grace period that could range from 18 to 48 days. However, it depends on the specific card scheme and the timely submission of merchant claims.
The cash advance facility is limited to 15% of the total credit limit allotted on the card.

Cards in Partnership with IDFC FIRST Bank

If you fail to pay the outstanding balance before the payment due date, you will not be eligible for a free credit period. Then, finance charges will be levied on the due amount as well as on all new transactions, cash withdrawals and billed EMIs.
The rate of interest is determined considering factors such as your credit history, expense patterns, payment habits, utilisation ratio and other internal policy parameters made by the bank.
If you make a transaction in foreign currency, the bank will convert it into Indian Rupees on the payment settlement date with this bank, which may differ from the date of the original transaction.

Conclusion

From travel benefits to dining offers, LIC credit cards add value to every purchase. Among the varied types, choose the one that suits your lifestyle and spending habits. To make the most of these benefits, consider using the PICE app for making timely bill payments and avoiding late payment charges!