LIC Axis Bank Credit Card Review (2026): Signature Rewards & Lounge
Quick answer LIC Axis credit card searches usually mean the LIC Axis Bank Signature Credit Card (also axis bank lic credit card / lic axis bank signature credit card): ₹0 joining and annual fee, 2 reward points per ₹100 on LIC premium and foreign currency spends, 1 point per ₹100 on other eligible spends, and 8 complimentary domestic lounge visits per year. Fuel, wallets, and EMI conversions do not earn points. Best for LIC policyholders who pay premiums on official LIC gateways and want lounge access — not for heavy fuel or wallet spend.
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This review covers the flagship axis lic signature credit card and how it compares with the LIC Axis Bank Platinum line — rewards on LIC premiums, lounge access, fees, payment options, and customer care — using Axis Bank and LIC Cards published terms only.
Verify before you apply: LIC Axis Bank Signature — Axis Bank · Signature T&Cs (PDF) · LIC Cards — Signature
At a glance: Signature vs Platinum
| Detail | LIC Axis Bank Signature | LIC Axis Bank Platinum (typical) |
|---|---|---|
| Joining / annual fee | Nil / Nil (per Axis fee table) | Nil / Nil on MITC LIC line |
| LIC premium earn | 2 points / ₹100 (official LIC gateways) | 2 points / ₹100 (same earn tier per Axis/LIC) |
| International spend | 2 points / ₹100 | 2 points / ₹100 |
| Other eligible spends | 1 point / ₹100 | 1 point / ₹100 |
| Lounge | 8 domestic visits/year (Axis product page) | Typically no lounge on Platinum positioning |
| Fuel | No points; 1% surcharge waiver (₹400–₹4,000, max ₹400/mo) | Similar fuel waiver themes |
| Forex fee | 3.5% on international transactions | Per Axis MITC |
| Typical fit | LIC customers + occasional travel | LIC rewards only, fee-sensitive, no lounge need |
View LIC Axis Bank Signature on Axis Bank →
Axis bank lic credit card benefits
Reward points on LIC premium and spends
Per Axis Bank’s LIC Signature page:
- 2 reward points per ₹100 on LIC premium payments through official LIC premium payment gateways (not third-party bill apps — per LIC rewards T&Cs).
- 2 points per ₹100 on foreign currency / international transactions.
- 1 point per ₹100 on all other eligible transactions.
- No points on fuel, wallet loads, and EMI conversions (per product page).
- Points validity: 12 months from accrual (per LIC rewards catalogue T&Cs).
Redemption — lic axis credit card rewards
Redeem via LIC Cards rewards catalogue (liccards.in) or by calling Axis/LIC customer care. Examples on Axis page (Signature column): Amazon e-gift ₹1,000 for 1,000 points, Flipkart ₹5,000 voucher for 5,000 points — effective ~₹1 per point on those samples; catalogue rates vary by product. Max 25 gift cards per financial year per LIC T&Cs.
Complimentary domestic lounge access
Axis lic signature credit card includes 8 complimentary domestic airport lounge visits per calendar year at select lounges (per Axis product page). Axis’s lounge programme PDF also lists LIC Signature under cards with 2 complimentary visits per quarter — align with the in-app/lounge desk rules at visit time. No Priority Pass on the standard Signature positioning.
Welcome and activation benefits
- 100% cashback up to ₹300 on first utility bill payment within 30 days of issuance (per activation benefit T&Cs on Axis page).
- Lost card liability insurance up to credit limit (complimentary per product page).
- Axis Dining Delights at partner restaurants.
- Wednesday Delights — travel/dining offers on Axis offers portal (verify live deals).
Fuel surcharge waiver
1% fuel surcharge waiver on transactions between ₹400 and ₹4,000; maximum benefit ₹400 per month. GST on surcharge is not refunded. No reward points on fuel.
Axis lic card — fees and charges
| Charge | LIC Axis Bank Signature |
|---|---|
| Joining / annual fee | Nil |
| Add-on card fee | Nil |
| Card replacement | Nil |
| Reward redemption fee | Nil (per Axis fee table) |
| Finance charge | 3.75% per month (55.55% p.a.) |
| Cash advance | 2.5% (min ₹500) |
| Foreign currency markup | 3.5% |
| Rent on card | 1% per transaction (from Mar 2023) |
| Utility fee | 1% if cumulative utilities > ₹25,000/statement |
| Wallet load fee | 1% if cumulative wallet loads > ₹10,000/statement |
T&Cs updated 20 June 2025 — download PDF from Axis before applying.
Lic axis bank credit card payment
Lic axis credit card payment / lic axis bank credit card payment options (standard Axis card servicing):
- Axis Bank Net Banking or mobile app — pay total or minimum due.
- UPI / NEFT / debit card via Axis payment channels listed on your statement.
- Auto-debit (eNACH) from Axis or other bank accounts.
- Pay at least the minimum amount due by the due date to avoid late fees and keep reward points active for redemption.
To pay LIC premiums for 2× points, use official LIC payment channels that accept cards — not generic rent/wallet apps (excluded from accelerated earn).
Lic axis bank credit card customer care
Lic axis bank credit card customer care (per Axis/LIC materials):
- 1800 419 0064 — rewards redemption and card servicing (toll-free themes on Axis page).
- Axis Bank credit card helpline (verify latest number on axisbank.com/contact-us).
- LIC Cards Services — product info at liccards.in.
How to apply — axis bank lic card
Axis bank lic credit card apply / lic axis credit card apply:
- Visit Axis Bank — LIC Axis Bank Signature Credit Card.
- Complete online application (PAN, Aadhaar, income proof as required).
- Eligibility: age 18–70, resident Indian (per Axis).
- Decision communicated within about 21 working days (Axis disclaimer).
Apply on Axis Bank (official) →
Pros and cons
Pros: Zero joining/annual fee; 2× points on LIC premium (official gateway); 2× on international; domestic lounges; fuel surcharge waiver; lost-card insurance; no redemption fee on fee table.
Cons: Points expire in 12 months; catalogue redemption (not simple cashback); no points on fuel/wallet/EMI; 3.5% forex; utility/wallet/rent fees at higher spend; Platinum offers same earn without lounge — choose carefully.
Is the lic axis credit card worth it?
Lic axis bank credit card review verdict: worth it if you pay LIC premiums on-card through official channels and will use lounges. Example: ₹50,000/year LIC premium → 1,000 points (2 per ₹100) ≈ ₹1,000 value on 1:1 catalogue redemptions before expiry — plus lounge value if you travel. Weak fit if you need fuel rewards, wallet loads, or flat cashback — see Axis Neo or cashback hubs instead.
Who should skip this card
- You carry a balance month to month — interest near 42% p.a. wipes out cashback.
- Your spend is mostly offline or in excluded categories (fuel, rent, wallets, EMI) with little eligible online spend.
- You already hold a stronger cashback card for your top merchants and cannot justify another annual fee even with waiver rules.
FAQ
What is axis bank lic credit card? A co-branded Axis Bank + LIC Cards credit line; Signature is the premium lifetime-free variant with lounges and 2× LIC premium earn.
Lic axis credit card vs axis lic signature credit card? “LIC Axis credit card” is the family name; Signature is the lounge + lifetime free tier most applicants want.
Is lic axis bank signature credit card lifetime free? Axis lists nil joining and nil annual fee on the current Signature fee table — confirm on your offer letter.
Axis lic card titanium? LIC Titanium is a lower-tier variant in the rewards catalogue with higher points required per redemption — Signature is the better earn tier for most users.
Sources checked
- Axis Bank — LIC Axis Bank Signature Credit Card
- Axis Bank — Signature T&Cs (PDF)
- Axis Bank / LIC — Rewards points T&Cs (PDF)
- Axis Bank — Airport lounge access programme (PDF)
- LIC Cards Services — Signature card page
Important: Insurance premium tax and policy terms are separate from card rewards. Pay card bills in full to avoid high finance charges. This content is informational only and is not financial or insurance advice. Disclaimer · Report an error