Lifetime free
LIC Axis Bank Signature Credit Card
A lifetime-free card for LIC policyholders: double points on LIC premiums and international spends, and domestic lounge visits if you spend enough.
Joining feeFree
Annual feeLifetime free
Fee waiverNot needed
Top reward2 points per ₹100 on LIC premiums
Lounge2 domestic a quarter (spend-based)
Forex markup3.5%
Best for: LIC policyholders who want a free card to pay premiums and earn a little back.
Rewards and cashback
| Where you spend | You earn | Limit |
|---|---|---|
| LIC premiums through official LIC channels | 2 points per ₹100 | – |
| International spends | 2 points per ₹100 | – |
| Other spends | 1 point per ₹100 | – |
| Fuel, wallet loads, rent, utilities, education, government, EMI, tolls, gift cards | Nothing | – |
- Points expire 12 months after you earn them.
- ₹30 + GST fee each time you redeem.
Benefits
Welcome benefit
- 100% cashback up to ₹300 on your first utility bill within 30 days.
Milestones
- None.
Travel and lounges
- 2 domestic lounge visits a quarter with ₹50,000 spend in the previous 3 months.
Fuel and forex
- 1% fuel surcharge waiver on ₹400 to ₹4,000, up to ₹400 a month.
- Forex markup 3.5%.
Other perks
- Lost card cover up to your credit limit
Fees and charges
| Joining fee | Free |
|---|---|
| Annual fee | Lifetime free |
| Interest | 3.75% a month |
| Forex markup | 3.5% |
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
- Salaried or self-employed
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
- Lounges for regular spenders
Watch out for
- Low reward rate
- Points expire in a year
- Redemption fee
Recent changes
- 28 Aug 2026Fee on rupee payments to foreign merchants raised to 3.5% + GST; tolls stopped earning.
Frequently asked questions
Is LIC Axis Signature lifetime free?
Yes, there is no joining or annual fee.
Ready to apply for the LIC Axis Bank Signature Credit Card?Applying takes about 10 minutes online. Approval depends on the bank.
Apply nowSimilar cards
Sources: CardAdvisor. Details checked on 23 Oct 2026. For information only, not financial advice; always read the bank’s most important terms (MITC) before applying.