Lifetime free
LIC Axis Bank Platinum Credit Card
A lifetime-free card for LIC policyholders: double points on LIC premiums and a fuel surcharge waiver.
Joining feeFree
Annual feeLifetime free
Fee waiverNot needed
Top reward2 points per ₹100 on LIC premiums
LoungeNone
Forex markupCheck with Axis Bank
Best for: LIC policyholders who want a free card just for paying premiums.
Rewards and cashback
| Where you spend | You earn | Limit |
|---|---|---|
| LIC premiums | 2 EDGE points per ₹100 (about 0.4%) | – |
| Other spends | 1 EDGE point per ₹100 | – |
- 1 point = about ₹0.20.
Benefits
Welcome benefit
- No welcome benefit listed.
Milestones
- None.
Travel and lounges
- No lounge access.
Fuel and forex
- 1% fuel surcharge waiver on ₹400 to ₹4,000, up to ₹400 a month.
Fees and charges
| Joining fee | Free |
|---|---|
| Annual fee | Lifetime free |
GST at 18% applies on fees. Banks change charges from time to time; the bank’s own terms are final.
Who can apply
- Age 18 to 70
- Income ₹5 lakh a year
You will usually need PAN, Aadhaar or address proof, and income proof (salary slips or ITR). A credit score of 750 or more improves your chances.
Pros and cons
What we like
- No annual fee
- Extra points on LIC premiums
Watch out for
- Very low rewards
- No lounges
Frequently asked questions
LIC Platinum or LIC Signature?
Signature adds double points abroad and lounge visits; both are lifetime free.
Ready to apply for the LIC Axis Bank Platinum Credit Card?Applying takes about 10 minutes online. Approval depends on the bank.
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Sources: PickMyCard · Axis Bank. Details checked on 23 Oct 2026. For information only, not financial advice; always read the bank’s most important terms (MITC) before applying.