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Axis Bank

Axis Privilege

VisaMidPoints
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Annual Fee

₹1,500

Reward Type

Points

Forex

3.5%

Lounge

4 dom · 0 intl

Full Spec Sheet

Normalized · Verified

Fees

Joining Fee₹1,500
Annual Fee₹1,500(waived ≥ ₹2,50,000)
Min Monthly Income₹50,000

Rewards

Reward TypePoints
Base Rate1.5%
Point Value₹0.25/point

Category Multipliers

travel5%dining4%

Redemption Values

vouchers0.25/pt
statement credit0.2/pt

Travel & Global

Forex Markup3.5%
Domestic Lounge4 visits/yr
Intl. LoungeNone
Lounge NetworkVisa

India-Specific

Fuel Surcharge✓ 1% waiver

Similar Cards

💡 Fee Waiver Strategy

Spend ₹2.5L to waive renewal fee.

⚖️ Breakeven Analysis

To recover the ₹1,500 annual fee at the base reward rate of 1.5%, you need to spend 1,00,000 annually.

🎯 Pro Tips

  • Solid 1.5% base rate across all categories
  • 4 complimentary domestic lounge visits/year

📊 Spending Scenarios - Real-World Returns

Moderate (₹40K/mo)

Monthly: ₹40,000 · Annual: ₹4,80,000

1.5%
Effective Return
travel: ₹8,000/modining: ₹7,000/moshopping: ₹10,000/moother: ₹15,000/mo
Annual Rewards Value7,200
After Fee (₹1,500)+5,700

Base 1.5% plus bonus on travel/dining.

🔄 Redemption Pathways - Value per Point

MethodValue
Travel Edge VoucherBEST₹0.25/pt
Statement Credit₹0.20/pt

🏷️ Best For

lifestyletraveldining