Axis Bank Pride Signature Credit Card – Benefits, Fees & Eligibility

Axis Bank Pride Signature Credit Card

Introduction

The Axis Bank Pride Signature Credit Card is a tri-colored, personalized card meticulously crafted for Indian defense personnel, offering a comprehensive suite of benefits. Positioned as a more premium offering compared to the Pride Platinum Credit Card, this card boasts a patriotic design featuring the vibrant shades of the Indian Tricolor and a dedicated fourth embossing line, symbolizing service to the nation. Cardholders are set to earn valuable EDGE REWARD Points, gain complimentary access to select airport lounges within India, and benefit from substantial dining discounts at a wide network of partner restaurants, alongside a fuel surcharge waiver on eligible transactions.

Fees

• Joining Fee: Nil
• Renewal Fee: Rs. 500 + GST
• Spend-Based Waiver: The renewal fee is waived if annual spends in the preceding year exceed Rs. 40,000 or more.
• Rewards Redemption Fee: Nil
• Foreign Currency Markup: 3.5% of the forex transactions.
• Interest Rates:
  • 2.95% per month.
  • Please note that the webpage also mentions 3.75% per month (55.55% annually) in another section.
• Fuel Surcharge: 1% fuel surcharge waiver on all fuel transactions in India.
  • Valid for transactions between Rs. 400 and Rs. 4,000 only.
  • Maximum waiver is capped at Rs. 400 per statement cycle/month.
• Cash Advance Charges: 2.5% of the withdrawn amount, subject to a minimum charge of Rs. 500.

Rewards

• Pride Privileges:
  • Receive a personalized card adorned with the shades of the Indian Tricolour.
  • Features a dedicated 4th embossing line, symbolizing service to the nation.
• Rewards Rate: Earn 8 EDGE REWARD Points for every Rs. 200 spent through the credit card.
• Reward Point Exclusions: No EDGE REWARD Points are earned on fuel transactions, utilities, education, insurance, government services, wallet, and rent.
• Dining:
  • Enjoy a minimum discount of 15% on dining bills at over 4,000 premium partner restaurants across India via Axis Bank Dining Delights.
  • Specific Offer Details: 15% off up to Rs. 500.
  • Minimum Order Value: Rs. 2500.
  • This offer is valid once per card per month.
• Travel
  • Domestic Lounge Access: Receive 2 complimentary visits to select airport lounges within India per calendar quarter.
  • International Lounge Access: Not available.
• Fuel:
  • Benefit from a 1% fuel surcharge waiver on all fuel transactions across India.
  • Applicable on transactions between Rs. 400 and Rs. 4,000 only.
  • The maximum waiver amount is Rs. 400 per statement cycle/month.
  • GST charged on fuel surcharge is non-refundable.
• Add-on Cards: Free add-on cards are available for eligible family members, including the cardholder's spouse, parents, children, and siblings over 18 years of age.
• Lifestyle (Wednesday Delight): Combat mid-week blues with exclusive offers every Wednesday:
  • Instant savings of up to 15% on flights & hotels when booked via Goibibo and Makemytrip.
  • 10% off on orders placed through Swiggy and Amazon Fresh.
  • 10% off up to Rs. 1000 on Tira.
• Golf: Not available.
• Insurance Benefits: Not available.

Rewards Redemption Guide

• EDGE REWARD Points can be redeemed for a diverse range of over 500 rewards and offers, including shopping vouchers, travel vouchers, and products available in the EDGE REWARDS Catalogue.
• Points can be redeemed through the dedicated EDGE REWARDS portal.
• Value of EDGE REWARD Point: 1 EDGE REWARD Point is equivalent to Rs. 0.20.
• Detailed Terms and Conditions for the EDGE REWARDS program are available for review.

Card Eligibility Criteria

• The primary cardholder must be an Indian Defence personnel.
• The age of the primary cardholder must be between 18 and 70 years.
• Add-on cardholder(s) must be above 18 years of age.

Card Review

The Axis Bank Pride Signature Credit Card stands out as a unique and specialized offering tailored exclusively for Indian defense personnel. Its distinctive patriotic design, featuring the Indian Tricolor and a dedicated fourth embossing line, underscores its niche appeal. From a utility perspective, the card offers a commendable reward rate of 0.8% (based on 8 EDGE REWARD Points per Rs. 200 spent, with 1 point equaling Rs. 0.20), which presents good value for a card with an annual fee of Rs. 500. Key advantages include complimentary domestic lounge access and appealing dining discounts. For eligible Indian defense personnel, this card is certainly a strong contender worth considering due to its blend of unique features and practical benefits.

Pros

• The annual charge can be waived if you spend at least ₹40,000 in the card anniversary year.

Cons

• This credit card does not offer lower interest rates specifically for military personnel, which is a feature sometimes found in other defense-centric credit cards.

Important Product Details

• Unique Card Design: A personalized card featuring the colors of the Indian Tricolor and a special fourth embossing line.
• Reward System: Accrue 8 EDGE REWARD Points for every Rs. 200 spent using the card.
• Dining Privileges: Enjoy a 15% discount at Axis Bank's network of partner restaurants.
• Travel Comfort: Receive 2 complimentary domestic lounge accesses per calendar quarter.
• Fee Relief: The renewal fee can be waived upon achieving annual spends of Rs. 40,000 in the preceding year.
• Fuel Savings: A 1% fuel surcharge waiver is applicable on transactions between Rs. 400 and Rs. 4,000, with a monthly cap of Rs. 400.
• Enhanced Security: The card is EMV certified, chip and PIN protected, minimizing risks of counterfeit and skimming fraud.
• Fraud Protection: Benefit from Zero Lost Card Liability, safeguarding against fraudulent use once the loss is reported.

Other Details

• Best Suited For: Travel and Shopping.
• Reward Type: Reward Points.
• Customer Service for Lost/Stolen Card: For immediate reporting of a misplaced or stolen card, contact Axis Bank customer service at 1860 500 5555 or 1860 419 5555.