Axis Bank Burgundy Private Credit Card – Benefits, Fees & Eligibility

Axis Bank Burgundy Private Credit Card

The Axis Bank Burgundy Private Credit Card is designed for high-income individuals and is offered free of charge to those holding a Burgundy Private account. This premium card provides a comprehensive suite of exclusive rewards and benefits across various categories, including travel, entertainment, and dining, aiming to enhance a luxurious lifestyle. Cardholders can earn 15 EDGE Reward points for every Rs. 200 spent, offering significant savings. Beyond a strong rewards program, it includes complimentary lounge access for both primary and supplementary cardholders, as well as their guests, along with valuable memberships to esteemed hotel programs like Club Marriott, ALL Accor+ Explorer, and Taj Epicure, an EazyDiner Prime membership, and exclusive movie privileges.

Fees

• Joining Fee: Rs. 50,000 + GST. This fee is waived for Burgundy Private Account Holders.
• Renewal Fee: Rs. 50,000 + GST. This fee is waived for Burgundy Private Account Holders.
• Spend-Based Waiver: Not Applicable.
• Rewards Redemption Fee: Nil.
• Foreign Currency Markup: Nil.
• Interest Rates: 1.5% per month.
• Fuel Surcharge:
  • A surcharge waiver of 1% is applicable on all transactions between Rs. 400 and Rs. 4,000.
  • The fuel surcharge waiver is capped at Rs. 400 per month.
  • The fuel surcharge is not levied by the card-issuing bank; however, on certain fuel transactions, a fuel surcharge of INR 10 + GST may be levied instead of 1% + GST.
• Cash Advance Charges: Nil. No cash withdrawal charges or interest levied till payment due date.
• Other Fees (Effective from 20-12-2024):
  • 1% fee on cumulative spends of Rs. 10,000 or more on wallet transactions per statement cycle.
  • 1% fee on cumulative spends of Rs. 50,000 or more on fuel transactions per statement cycle.
  • 1% fee on education payments made via third-party apps per statement cycle.
  • 1% fee on cumulative spends of Rs. 25,000 or more on utilities per statement cycle.
  • 1% fee on cumulative spends of Rs. 10,000 or more on online skill-based gaming platforms per statement cycle.

Rewards

• General Rewards
  • Earn 15 EDGE Reward points for every Rs. 200 spent on your card, which translates to a saving of 1.5% on every spend.
  • Insurance spends are eligible for a maximum of 6,000 EDGE Reward Points each month.
  • No EDGE Reward Points shall be earned for transactions at government institutions, for gold/jewellery purchases, fuel, and utilities.
• Movies
  • Get 1 complimentary ticket on every ticket purchased for 5 movie and 5 non-movie shows, per month, on BookMyShow.
  • The maximum benefit amount for complimentary movie tickets is capped at ₹500 per ticket.
  • The maximum benefit amount for complimentary non-movie tickets is capped at ₹1,000 per ticket.
• Dining
  • Complimentary EazyDiner Prime membership, offering savings of up to 25% or more at select fine dining restaurants.
  • Get up to 30% off with the Axis Bank Dining Delights program via EazyDiner.
  • Save up to 40% at over 4,000 premium restaurants with the Axis Bank Dining Delights Program.
  • Exclusive dining experiences are available for special occasions.
• Travel
  • Lounge Access:
    • Unlimited complimentary international lounge access for Priority Pass holders and add-on Priority Pass holders, with 12 complimentary visits per year for guests.
    • Unlimited complimentary domestic lounge access for primary and add-on cardholders, with 12 complimentary visits per year for guests (per card).
  • Concierge Services: Complimentary concierge service for 8 airport visits in India.
  • Hotel & Resort Benefits:
    • Complimentary hotel and dining memberships, including Club Marriott, Accor Plus, and Taj Epicure. (Note: Customers cannot avail hotel memberships through Axis Bank credit card if they already have an active membership with these hotel partners. They can cancel their current membership or avail benefits once the live membership expires).
    • Up to 15% off and stay privileges at The Postcard Hotel.
    • Up to 15% off on International & Domestic Oberoi & Trident Hotels (Offer discontinued w.e.f. October 1, 2025).
    • Up to 50% savings on Oberoi properties.
  • Conveyance & Flexibility:
    • Discounts of up to 30% on conveyance to airports in India and abroad.
    • Flexibility to increase credit limit during foreign travel.
• Golf
  • Enjoy 50 complimentary rounds of golf per year.
• Insurance
  • Comprehensive travel insurance, including cover for loss/delay in baggage, credit shield, and purchase protection.
  • Air accident insurance coverage worth Rs. 4.5 crores.
  • Lost card liability and purchase protection cover.
• Lifestyle
  • 24x7 concierge services to manage flight bookings, table reservations, gift deliveries, and more.
  • Access to hand-picked experiences from across the world via extraordinaryweekends.com.
  • Personalized assistance for your styling and shopping needs.
• Health & Wellness
  • Concessions on health and wellness coaching at Weljii, including 1 complimentary health and wellness session and up to 25% savings on all other health sessions.
  • Consultations with world-class medical specialists for second opinions.
  • Diagnoses at leading medical institutions.
  • Global travel and medical assistance during international travel.

Rewards Redemption Guide

• The EDGE Reward Points earned can be redeemed against a wide array of options on the Edge Rewards portal.
• Redemption options include shopping, flight/hotel bookings, gift vouchers, and various products.
• 1 Edge Reward Point is equivalent to Re. 0.20, meaning 5 Reward Points equal 1 rupee.

Card Eligibility Criteria

• The card can be availed only by a Burgundy Private client.
• Applicants must meet a Total Relationship Value (TRV) requirement of Rs. 5 crore or more (excluding demat holdings).
• This TRV requirement applies to both salaried and non-salaried Burgundy Private clients, and must be met within the first 12 months after account opening.
• In the event of discontinuation of the Burgundy Private status, the Burgundy Private Credit Card will be converted to the corresponding complimentary credit card of the downgraded savings account.

Card Review

The Axis Bank Burgundy Private Credit Card stands out as one of the bank's premier offerings, delivering exceptional value through its extensive rewards and benefits. Its unique advantage lies in the absence of cash advance fees and foreign currency markup, leading to significant savings on international transactions and cash needs. Cardholders benefit from a consistent 1.5% savings rate on most purchases, coupled with additional savings on fuel transactions, dining, and movie tickets. A key differentiating feature is the complimentary lounge access extended not just to primary and add-on cardholders, but also to their guests, which is uncommon among premium cards. With such a wealth of benefits integrated into a single card, it caters to those aspiring for a super-luxurious lifestyle while maximizing saving opportunities. This card is an ideal choice for individuals who meet the high eligibility criteria and seek an all-encompassing premium credit card experience.

Important Product Details

• Positive Highlights:
  • Earn 15 EDGE Reward points for every Rs. 200 spent.
  • Complimentary EazyDiner Prime membership with up to 25% or more savings on dining.
  • Complimentary memberships to Club Marriott, Taj Epicure, and ALL Accor+ Explorer.
  • Up to 5 complimentary movie tickets and 5 complimentary non-movie tickets every month on BookMyShow.
  • Unlimited complimentary domestic lounge access for primary and add-on cardholders, plus 12 guest visits.
  • Unlimited complimentary international lounge access for Priority Pass holders and add-on Priority Pass holders, plus 12 guest visits.
  • 50 complimentary golf rounds every year.
  • Zero cash advance charges and no foreign currency markup fee.
  • Air accident insurance coverage worth Rs. 4.5 crores, along with travel insurance, lost card liability, and purchase protection.
  • 24x7 concierge services for various booking and assistance needs.
  • 1% fuel surcharge waiver, capped at Rs. 400 per month.
  • Access to health and wellness benefits, including consultations and concessions at Weljii.
  • Flexibility to increase credit limit during foreign travel.
• Considerations / Negative Highlights:
  • High joining and renewal fees (Rs. 50,000 + GST), though waived for Burgundy Private Account Holders.
  • High eligibility criteria, requiring a Total Relationship Value (TRV) of Rs. 5 crore as a Burgundy Private client.
  • No EDGE Reward Points are earned for specific categories such as government institutions, gold/jewellery, fuel, and utilities.
  • Upcoming fees (effective December 20, 2024) on cumulative spends for wallet, fuel, education payments, utilities, and online skill-based gaming platforms.
  • The up to 15% off on International & Domestic Oberoi & Trident Hotels offer will be discontinued from October 1, 2025.

Other Details

• As per RBI circular- RBI/2022-23/92 DoR.AUT.REC.No.27/24.01.041/2022-23, all newly issued Credit Cards need to be activated within the first 30 days. If the Credit Card is not activated within 30 days, the card shall be closed.
• The Burgundy Private Credit Card (The One Card) is complimentary for Burgundy Private clients. In the event of discontinuation of the Burgundy Private status, the card will be converted to the corresponding complimentary credit card of the downgraded savings account.
• The benefits marked with an asterisk (*) can be availed by reaching out to the concierge partners at 1800 103 4962.
• Customers will not be able to avail hotel memberships (Club Marriott, Accor Plus, Taj Epicure) through Axis Bank credit card if they already have an active membership with these hotel partners. Customers can cancel their current membership or avail the benefits once the live membership expires by sending a consent form to premium.experience@axisbank.com from their registered email ID.
• All mentioned features and benefits are also applicable to the Burgundy Private NRI Credit Card variant.