Axis Bank Declares Privilege Visa Card “Lifetime Free”

Axis Bank has made its Privilege Visa Credit Card permanently free of any joining or annual charges, offering a “lifetime free” status for eligible applicants. Previously, the card carried a fee of around ₹1,500, but that fee is now waived under this new structure. Holders of the card still enjoy its core features including EDGE reward points on spending, milestone bonus points for high spend thresholds, complimentary domestic airport lounge access under certain spending criteria, and dining discount offers. Some benefits may require meeting minimum spending over specific periods to unlock. This change is being viewed as a strategic move by Axis Bank to make its mid-tier lifestyle credit offering more accessible and competitive. Customers interested in applying should verify current eligibility and benefit terms before applying.