Axis LIC Signature Credit Card: Features, Benefits, Fees & Charges

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.

22 Dec 25
4 mins

Shreyansh Singh

08 Mins
22-12-25

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Table of Contents

Axis LIC Signature Credit Card Benefits
Axis LIC Signature Credit Card Fees

Key Takeaways:

Get 2 EDGE reward points on every ₹100 spent.
Enjoy 8 lounge visits every year.
Get lost card liability equivalent to the credit card limit.
Enjoy a fuel surcharge waiver up to ₹400.

Looking to earn rewards while paying your LIC premiums? The Axis LIC Signature Credit Card is a co-branded card designed for exactly that!

Offering 2 EDGE reward points for every ₹100 spent on LIC premium payments, it allows you to make the most of your investment while enjoying exclusive benefits. Whether you are looking for convenience or rewards, this card has it all.

Explore its key details before you apply and start earning as you secure your future.

Axis LIC Signature Credit Card Benefits

With the LIC Axis Bank Signature Credit Card, you can earn 2 EDGE reward points on every ₹100 spent on foreign currency transactions and LIC premium payments.

You can earn 1 reward point for every ₹100 spent using the card on other categories. Here are the other benefits offered by the card:

You can get 8 complimentary domestic airport lounge visits every year.
The lost card liability cover is equal to your credit limit.
A fuel surcharge waiver of 1% is applicable on the card.
You can get a 100% cash back up to ₹300 if you pay your first utility bill within the first 30 days of card issuance.
You can convert transactions of ₹2,500 and above into EMI.

Axis LIC Signature Credit Card Fees

The LIC Signature Credit Card by Axis Bank does not attract any joining or annual fee for primary and add-on cardholders. Here are the other fees and charges for this card:

Parameter	Charges
Card Replacement Fee	Nil
Cash Payment Fee	₹175
Finance Charges	3.75% per month or 55.55% per year
Cash Withdrawal Fee	2.5% subject to a minimum of ₹500

Things to Know About Axis Bank LIC Signature Credit Card

The Axis LIC Signature Credit Card offers great rewards, but it is important to note that certain spend categories are excluded from earning reward points, including:

Rent payments
Education expenses
Utilities and telecom bills
Government services
Wallet load transactions
Jewellery and gold purchases
Loan repayments
Cash advances
Fuel transactions

To help you stay on top of your payments, you can add the card to the Pice app. This will send you timely reminders, ensuring you never miss a payment before the due date. Plus, you can even pay your bill directly from the app.

For more information, download the app now!

Footnote:

Enjoy 15% off (up to ₹500) at top restaurants across India with the Axis Bank Dining Delights Program. To know more about the Axis LIC Signature Credit Card, click here.

FAQs

What are the different offline payment options for the Axis LIC Signature Credit Card?

The offline payment options available are demand draft, cheque and cash payment. Ensure you pay the bill within the due date to avoid late payment fees.

Is a fuel surcharge waiver available for the Axis LIC Signature Credit Card?

The fuel surcharge waiver applicable is 1%. However, the maximum amount of waiver allowed is ₹400 per month on transactions between ₹400 and ₹4,000.

Can I get add-on cards for the Axis LIC Signature Credit Card?

You can get up to 3 add-on cards with the Axis LIC Signature Credit Card. However, you do not need to pay an additional fee for the add-on cards.

What is the validity of reward points on the Axis LIC Signature Credit Card?

Reward points earned on the LIC Signature Credit Card by Axis Bank remain valid for 1 year from the date of credit. Ensure you use the reward points within the mentioned tenure to avoid losing benefits.

What is the foreign currency transaction fee on the Axis LIC Signature Credit Card?

The foreign currency transaction fee for the Axis LIC Signature Credit Card is 3.5% of the transaction amount, along with applicable GST as per government norms.