All About Axis LIC Platinum Credit Card Rewards That Fit Policyholder
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.
- 9 Jan 26
- 3 mins
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All About Axis LIC Platinum Credit Card Rewards That Fit Policyholder
Shreyansh Singh- 08 Mins
- 09-01-26
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Key Takeaways
- Axis LIC Platinum Credit Card offers accelerated rewards on LIC premium and foreign currency spends.
- Earn 2 reward points per ₹100 on LIC premiums and forex transactions.
- Enjoy 1 reward point per ₹100 on other eligible spends.
- No joining fee or annual fee makes it cost-effective.
- Added benefits include fuel surcharge waiver, EMI conversion, and dining offers.
Designed for policyholders who want more from their routine payments, the Axis LIC Platinum Credit Card helps you earn rewards on everyday spending.
You earn accelerated reward points on LIC premium payments and foreign currency transactions. At the same time, all other eligible spends continue to add value through regular rewards. Read on to explore the reward structure in detail.
Axis Bank LIC Platinum Credit Card Benefits
With the Axis LIC Platinum Credit Card, you can earn 2 reward points on every ₹100 spent on LIC premium payment and foreign currency transactions. You can earn 1 reward point on every ₹100 spent on other categories, excluding fuel spends, wallet loading and EMI transactions.
The other benefits offered by this card are as follows:
- You can get complimentary lost card liability cover up to your card limit.
- The card offers a 1% fuel surcharge waiver on transactions between ₹400 and ₹4,000.
- You can convert transactions of ₹1,500 onwards into EMI.
- The card allows you to enjoy dining delights at partnered restaurants.
Axis LIC Platinum Credit Card Fees
There is no joining or annual fee for the Axis LIC Platinum Credit Card. However, the applicable finance charges are 3.75% per month, cash withdrawal fees are 2.5%, subject to a minimum of ₹500, and the overlimit penalty is 2.5% with a minimum of ₹500.
💡Skip the burden of interest by linking your card to the Pice App. Get timely credit card bill payment reminders and pay your bill directly from the app without any hassle.
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Conclusion
The Axis LIC Platinum Credit Card is ideal for policyholders seeking extra value from routine payments. With accelerated rewards on LIC premiums and forex spends, zero annual fees, fuel surcharge waiver, EMI flexibility, and lifestyle perks, the Axis LIC Platinum Credit Card delivers consistent savings and convenience for financial management.
FAQs
What is the Axis LIC Platinum Credit Card best used for?
The Axis Platinum credit card is best for LIC premium payments and foreign currency spends.
How many reward points can I earn on LIC premiums?
You earn 2 reward points per ₹100 spent using the Axis LIC Platinum credit card.
Are there any annual charges on this card?
No, the Axis Platinum credit card has zero joining and annual fees.
Can I convert purchases into EMIs?
Yes, transactions above ₹1,500 can be converted into EMIs on the Axis LIC Platinum Credit Card.
Is there any lost card protection available?
Yes, the Axis Platinum credit card offers complimentary lost card liability cover up to your card limit.
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Key Takeaways: Earn 3,000 bonus points by meeting the annual...
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