Axis Bank
LIC Axis Bank Signature Credit Card
Data last verified: 11 October 2026
- Joining feeFree
- Annual feeFree
- Reward rate0.95% base, up to 1.9% on foreign spends
Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.
- Joining feeFree
- Annual feeFree
- Lifetime freeYes
- Forex markup3.5%
- Interest (APR)3.75% a month, 45% a year
- Fuel surcharge waiver1%
- Fuel waiver cap₹400 a month
This is the higher LIC card from Axis and it is lifetime free, with no joining or annual fee. You earn 2 reward points per Rs 100 on LIC premiums and international spends, worth about 1.9%, and 1 point per Rs 100 on everything else, worth about 0.95%. It works on UPI.
You also get up to 2 domestic lounge visits a quarter, personal accident cover up to Rs 5 lakh, air accident cover up to Rs 1 crore and purchase protection up to Rs 1 lakh. For a card with no fee, that is a solid package.
It suits LIC policyholders earning Rs 30,000 a month or more who want a free card with real rewards. The catch: lounge visits need Rs 50,000 of spend in the previous quarter, and the 3.5% forex fee cancels out the higher rate on foreign spends.
Best for: LIC policyholders, Salaried people wanting a free all-rounder, Occasional domestic flyers.
01LIC Axis Bank Signature Credit Card Rewards and Benefits
02LIC Axis Bank Signature Credit Card Annual Fee and Charges
- Joining fee
- Lifetime free
- Annual fee
- Lifetime free
- Spend-based waiver
- None
- Rewards redemption fee
- Nil
- Forex markup
- 3.5%
- Interest rate
- 3.75% a month (45% a year)
- Fuel surcharge waiver
- Yes, up to ₹400 a month
- Card replacement
- Not published
03What It's Worth, in Rupees
If you spend ₹20,000 a month on this card:
- ₹5,000 on spend abroad or in a foreign currency, earning 1.9%₹95
- ₹15,000 on everything else, earning 0.95%₹143
- Back each month, ₹2,856 a year₹238
- In your pocket each year₹2,856
Worked out from this card's reward rates, caps and fee in our data; a rate limited to named merchants is not counted here. Your own spending will differ: see what this card is worth at your spend.
Good for
- Insurance only at LIC: 1.9% back
- Foreign spends: 1.9% back
- Anyone who wants no annual fee, ever
- Flyers: 8 airport lounge visits a year
Skip it if…
- most of your spending is fuel, utility bills, rent or education: those earn nothing on this card
- you pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
- you rarely spend on LIC or foreign spends: the 1.9% rate applies only there, everything else earns 0.95%
- you often pay in foreign currency: 3.5% is added to every foreign spend
- you sometimes pay only the minimum due: interest of 3.75% a month (45% a year) outweighs any reward
04Product Details
- Lifetime free, no joining or annual fee
- About 1.9% back on LIC premiums and international spends
- About 0.95% back on other spends
- Up to 2 domestic lounge visits a quarter after ₹50,000 spend
- Personal accident, air accident and purchase protection cover
- Works on UPI
05Pros and Cons
Pros
- Close to 1% back with no fee
- Lounge access on a free card
- Good insurance cover included
Cons
- Lounge visits depend on quarterly spend
- 3.5% forex fee
- Needs ₹30,000 monthly income
06How LIC Axis Bank Signature Credit Card earns Rewards
0.95% base, up to 1.9% on foreign spends.
| Spend category | Rate | Monthly cap | Where it applies |
|---|---|---|---|
| UPI payments (scan and pay) | Earns nothing | - | a Visa or Mastercard card cannot pay by UPI |
| Online shopping | 0.95% | No cap | The card's normal rate |
| Dining and food delivery | 0.95% | No cap | The card's normal rate |
| Groceries | 0.95% | No cap | The card's normal rate |
| Travel: flights, hotels, trains | 0.95% | No cap | The card's normal rate |
| Fuel | Earns nothing | - | earns nothing on this card |
| Bills and recharges | Earns nothing | - | earns nothing on this card |
| Rent | Earns nothing | - | earns nothing on this card |
| Insurance premiums | 0.95% | No cap | Anywhere else in the category |
| Insurance premiums, only at listed merchants | 1.9% | No cap | Only at: LIC (Life Insurance Corporation) premium paymentsTerms: 2 reward points per ₹100 (~2%) on LIC policy premiums paid through official LIC premium payment gateways, not via third-party apps |
| School and college fees | Earns nothing | - | earns nothing on this card |
| Wallet top-ups | Earns nothing | - | earns nothing on this card |
| Taxes and government payments | Earns nothing | - | earns nothing on this card |
| Spend abroad or in a foreign currency | 1.9% | No cap | All merchants in the categoryTerms: 2 reward points per ₹100 (~2%) on international/foreign-currency spends |
| Everything else | 0.95% | No cap | The card's normal rate |
Terms on the base rate. 1 reward point per ₹100 (~1%) on all other eligible spends. Points expire 12 months from accrual and each redemption carries a ₹30 + GST handling charge.
Point value. 1 point is worth about ₹0.95 at the bank's stated value.
07LIC Axis Bank Signature Credit Card Lounge Access and Travel
Domestic lounge access is 8 visits a year. Spend Rs 50,000 in the previous quarter for domestic lounge access. Spending abroad carries a 3.5% forex markup; rewards on it: 1.9% back. See what it costs on your trip
Also on the card. fuel surcharge waiver, insurance cover, airport lounge access.
- Fuel surcharge waiver: 1% fuel surcharge waiver on fuel transactions of ₹400 to 4,000 (up to ₹400 a month)
- Insurance cover: Complimentary lost-card liability cover up to your credit limit
- Airport lounge access: 2 complimentary domestic lounge visits per calendar quarter (up to 8 a year), unlocked by spending ₹50,000 in the previous 3 calendar months
08LIC Axis Bank Signature Credit Card Eligibility and Documents
- Age
- 18 to 70 years
- Employment
- Salaried or self-employed
Documents. PAN card Aadhaar / valid address proof Latest 3 months bank statement Income proof, salary slips (salaried) or ITR (self-employed) Recent passport-size photograph
09Recent Changes
What Axis Bank changed on this card recently. The facts on this page already reflect them.
| Date | Change | Before | Now |
|---|---|---|---|
| 28 Aug 2026 | Reduced: Dynamic currency conversion markup more than doubles to 3.5%Source: Axis Bank | 1.5% + GST | 3.5% + GST |
| 28 Aug 2026 | Reduced: New top late-payment slab of Rs 1,300 above Rs 50,000Source: Axis Bank | ₹1,200 on any total payment due above ₹10,000 | ₹1,200 from ₹10,001 to ₹50,000; ₹1,300 above ₹50,000 |
| 28 Aug 2026 | Reduced: Tolls and road fees stop earning rewards; gift cards split into their own categorySource: Axis Bank | Bridge fees, road fees and tolls earned at the normal rate | No rewards or cashback on bridge fees, road fees and tolls |
| 20 Dec 2024 | Reduced: Bank-wide charges revision, finance rate standardised, new ancillary fees addedSource: Axis Bank | Pre-Dec-2024 fee schedule | 3.75% a month finance charge; DCC markup 1% -> 1.5%; branch cash payment ₹100 -> ₹175; new fees added |
| 20 Jun 2011 | Changed: LIC-Axis Bank co-branded credit card program launched, incl. Visa Signature tier | - | - |
See this card's change history → · All card changes in August 2026 →
10Cards Similar to LIC Axis Bank Signature Credit Card
LIC Axis Bank Signature Credit Card is a international card. The two below are the closest on SkyloFin; open any of them, or put them side by side.
| Feature | LIC Axis Bank Signature Credit Card |  AU Traverse Credit Card |  AU Xcite Ultra Credit Card |
|---|---|---|---|
| Joining fee | Lifetime free | ₹4,999 + GST | ₹749 + GST |
| Annual fee | Lifetime free | ₹4,999 + GST | ₹749 + GST |
| Rewards | 0.95% base, up to 1.9% on foreign spends | 0.5% base, up to 1% on foreign spends | 1% base, up to 3% on foreign spends |
| Domestic lounge | 8 visits a year | 8 visits a year | 8 visits a year |
| Forex markup | 3.5% | 0.99% | 3.49% |
| Type | International | International | International |
11Explore More
Card facts last verified 11 October 2026.
Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Never Miss Your LIC Axis Bank Signature Credit Card Bill
The SkyloFin app reads your bank's bill SMS, reminds you before the due date and marks the bill paid when you pay. Free on Android, and your data stays on your phone.
Common Questions
Is there any fee?
No. It is lifetime free with no joining or annual fee.
How much do LIC premiums earn?
2 reward points per ₹100, worth about 1.9% of the premium.
How do lounge visits work?
You get up to 2 domestic visits a quarter if you spent ₹50,000 in the previous quarter.
What is the joining fee for the LIC Axis Bank Signature Credit Card?
The joining fee is Free. Check the bank's page before you apply, because fees change and promotional waivers come and go.
What is the annual fee for the LIC Axis Bank Signature Credit Card?
The annual fee is Free.
Does the LIC Axis Bank Signature Credit Card give airport lounge access?
Yes. Domestic lounge access is 8 visits a year. Check the bank's page for the current rules, because lounge programmes change.
Does applying through SkyloFin cost more?
No. You pay the same fees you would pay applying directly with Axis Bank. We earn a commission from the bank when someone applies through our link, and that is how the site is funded.
SkyloFin is not a bank and does not approve applications. Fees, rewards and eligibility rules are set by the provider and can change without notice. Always read the terms on the provider's site before you apply.
Other options worth a look
See all credit cards
Guides in Plain Words
Short reads that explain how it works before you decide.
Credit CardsTata Neu HDFC Credit Card: Claim Your NeuCoins from 25 November 2026From 25 November 2026, NeuCoins earned on a Tata Neu HDFC Bank credit card no longer reach your Tata Neu account by themselves. You claim them in the Tata Neu App within 12 months, or they expire. Here is what changes, how to claim, and the dates that matter.Read the guide →- GuidesBest Credit Cards Under ₹500 a Year in India (2026)Credit cards with an annual fee of ₹500 or less (before GST) in 2026, ranked by the reward rate each bank states, with fee waivers.Read the guide →
GuidesNo-Cost EMI: What It Really Costs You, With a Worked ExampleNo-cost EMI is not a trick, but it is rarely free. Here is where the money goes: the discount you give up, the processing fee, and GST on the interest, worked out on a Rs 30,000 phone.Read the guide →
