Axis Bank Priority Debit Card – Benefits, Fees & Eligibility

Introduction

The Priority Debit Card, issued by Axis Bank, is designed exclusively for priority customers holding Axis Bank Priority Savings or Salary Accounts. It offers a suite of premium privileges including discounts on movies, higher transaction limits, free ATM transactions across India, waivers on issuance and annual charges for eligible accounts, dining benefits, and airport lounge access.

Welcome Benefits

• Receive 1000 Axis Edge Rewards points upon activating your card through retail or online purchases within 30 days from the date of card issuance.

Transaction Limits & Usage

• Daily Cash Withdrawal Limit: ₹1 lakh.
• Daily Purchase Limit (POS/Online): ₹7 lakh.
• Minor Debit Card Limits: Daily cash withdrawal limit of ₹5,000 and purchase limit of ₹10,000.
• Contactless Payments: Enjoy increased payment limits up to ₹5,000 per transaction.
• Domestic ATM Usage: Free ATM withdrawals from any bank’s ATMs, anywhere in India.
• International Usage:
  • Allows transactions across the world.
  • Free ATM withdrawals from any bank's ATMs abroad.
  • International transactions can be enabled via Branch, Axis Bank Mobile App, or Internet Banking.
  • Not enabled on NRO Debit cards; applicable only to eligible NRE debit cards.

Fees and Charges

• Card Platform: Mastercard / RuPay (for NRO accounts).
• Issuance Fee (Primary / Joint holder): Nil.
• Annual Fee (Primary / Joint holder): Nil.
• Annual Fee Condition: An annual fee of ₹750 plus tax is applicable if the Priority status is not maintained.
• Debit Card Replacement (loss/damage): ₹200 (for Mastercard/Visa) / ₹300 (for RuPay cards).
• Domestic ATM Cash Withdrawal Charges: ₹23 (applicable beyond the set free limit).
• Domestic ATM Non-Financial Charges: ₹10 (applicable beyond the set free limit).
• International ATM Cash Withdrawals Charges: ₹125.
• International ATM Non-Financial Charges: ₹25.
• Cross-Currency Markup: 3.5% applicable on international cash withdrawals and international purchase transactions.
• Dynamic Currency Conversion (DCC) Markup Fee: 1% plus GST.
• Goods and Services Tax (GST): Will be charged on all applicable fees and charges.

Rewards & Offers

• Movie Ticket Discount: Enjoy a 25% discount on movie tickets booked through BookMyShow (website or mobile app), with a maximum discount of up to ₹350 per month. This offer can be availed in a single transaction.
• Dining Delights Membership: Get ₹500 off via the Axis Bank Dining Delights Program with Eazy Diner.
• Airport Lounge Access:
  • 2 complimentary lounge access per quarter at domestic airports. Access is based on a minimum eligible spend of ₹5,000 in the previous 3 calendar months.
  • 2 complimentary lounge visits per year at international airports.
• Axis EDGE REWARDS Points:
  • Earn 2 points for every ₹200 spent domestically through the card at merchant outlets.
  • Earn 3 points for every ₹200 spent internationally through the card at merchant outlets.
  • Points can be redeemed from 500+ rewards and offers via the Axis eDGE Rewards Catalogue.
  • Exclusions for earning points: Transactions on merchant categories defined as charities, Mutual Funds, telecom, education, utilities, government/insurance, Public Sector Life Insurance, purchase of foreign currency, post office, fuel, and transportation.
• Insurance Coverage:
  • Personal accident insurance cover up to ₹10 lakh.
  • Air accident insurance cover up to ₹1 Crore.
  • Price Protection up to ₹50,000.
  • Purchase Protection up to ₹50,000.
  • Insurance on Baggage Loss/Checked in Baggage, and Baggage delay up to $500.

Account & Eligibility Criteria

• The Priority Debit Card is issued to customers holding Axis Bank Priority Savings or Salary Accounts.
• Issuance and Annual charges are waived for priority accounts only, provided the Priority status is maintained.

Important Product Details

• Card Design: Option to design your card with an image of your choice or select from a gallery.
• PIN Generation: Easily generate your Debit Card PIN anytime at an Axis Bank ATM or by calling Axis Bank Phone Banking.
• Instant Alerts: Receive instant SMS alerts each time the debit card is used to withdraw cash, along with other important information like balance inquiry, debit/credit alerts, and transaction details.
• Card Blocking: In case of loss, theft, or suspected misuse, the card can be instantly blocked by SMSing ‘BLOCKCARD’ to 5676782 (NRI customers to +919717000002), calling the Emergency Helpline Number +91-22-67987700 or Customer Care Number 1860-419-5555/1860-500-5555, or by logging into Internet Banking and selecting ‘Block Card’.

Other Details

• The bank communicates any variations in mentioned benefits to respective customers via email on their registered email ID.
• General terms and conditions apply to all benefits and features.
• Customers are advised not to use their Debit Card or online banking facility for collecting and effecting/remitting payments directly/indirectly outside India towards overseas foreign exchange trading through electronic/internet trading portals, as this may lead to contravention of FEMA, 1999 and KYC/AML regulations.