IndiGo Axis Bank Premium Credit Card – Benefits, Fees & Eligibility

Introduction

The IndiGo Axis Bank Premium Credit Card, issued by Axis Bank, is positioned as a mid-to-premium travel-focused credit card designed for individuals who frequently fly with IndiGo. It aims to unlock a world of exciting travel rewards, bringing cardholders closer to their next adventure with IndiGo BluChips. Key differentiating benefits include substantial IndiGo BluChips earnings, welcome and annual BluChips vouchers, complimentary 6E Eats vouchers, and airport lounge access.

Welcome Benefits

• Voucher worth 5000 IndiGo BluChips on payment of the joining fee.
• One complimentary 6E Eats voucher as a welcome gift on payment of the joining fee.
• Enjoy a double welcome bonus if applying for the card between June 1, 2026, and June 30, 2026.

Fees

• Joining Fee: ₹5,000
• Annual Fee: ₹5,000
• Finance Charges: 3.75% per month (55.55% per annum)
• Cash Withdrawal Fee: 2.5% of the transaction amount (Minimum ₹500)
• Fee for Cash Payment: ₹175
• Late Payment Charges:
  • Nil if Total Payment Due is less than ₹500.
  • ₹500 if Total Payment Due is between ₹501 - ₹5,000.
  • ₹750 if Total Payment Due is between ₹5,001 - ₹10,000.
  • ₹1200 if Total Payment Due is greater than ₹10,000.
  • An additional ₹100 charge will be levied if the 'Minimum Amount Due (MAD)' is not paid for two consecutive cycles and will apply until the MAD is cleared.
• Over Limit Charge: 2.5% (Minimum ₹500) of the over limit amount.
• Returned Payment Charge (Cheque / ECS / ACH / SI bounce charge): 2% of the payment amount (Minimum ₹500).
• Statement Request (beyond 3 months): NIL
• Reissue of Lost, Stolen or Damaged Card: NIL
• Foreign Currency Transactions: 2.50% of the transaction value on international transactions (lowered forex mark-up).
• DCC Surcharge: 1.5% surcharge on Dynamic Currency Conversion (DCC) transactions.
• Rent Surcharge: 1% transaction fee (uncapped) for transactions under MCC 6513.
• Education Transaction Fee: A transaction fee of 1% will be applicable on education payments made via third-party apps (e.g., CRED, PayTM, Cheq, Mobikwik) for MCCs: 8211, 8220, 8241, 8244, 8249, 8299. DCC & International markup fee will also be applicable on educational transactions.
• Wallet Load Transaction Fee: 1% fee will be applicable for cumulative spends of ₹10,000 or more for wallet loads within a statement period (MCC: 6540).
• Fuel Transaction Fee: 1% fee will be applicable for cumulative spends of ₹50,000 or more on fuel within a statement period (MCCs: 5983, 5541, 5542, 5172).
• Utility Transaction Fee: 1% fee will be applicable for cumulative spends of ₹25,000 or more on utilities within a statement period (MCCs: 4814, 4899, 4900).

Rewards

• Welcome Benefit: Voucher worth 5000 IndiGo BluChips and one complimentary 6E Eats voucher on payment of joining fee.
• Annual Benefit: Voucher worth 5000 IndiGo BluChips and one complimentary 6E Eats voucher every year as a renewal benefit on payment of the annual fee.
• Milestone Benefits: Unlock 4 vouchers worth 5000 IndiGo BluChips each on achieving spends milestones at ₹2 Lakhs, ₹5 Lakhs, ₹8 Lakhs, and ₹12 Lakhs.
• Accelerated Earns:
  • Earn 7 IndiGo BluChips on every ₹100 spent on all IndiGo channels.
  • Earn 3 IndiGo BluChips on every ₹100 spent on groceries and hotel.
• Base Earns: Collect 2 IndiGo BluChips on every ₹100 spent on all other eligible categories.
• BookMyShow Offer: Enjoy a Buy One Get One offer on movie tickets, once every month on BookMyShow.
• Lounge Access:
  • Get a complimentary Priority Pass membership along with your credit card.
  • Enjoy 2 complimentary international lounge visits using your Priority Pass.
  • Enjoy 2 complimentary domestic airport lounge visits per quarter, applicable on spends of ₹50,000 in the preceding 3 months.
• Dining Delight: Enjoy exceptional dining experiences at top restaurants across India with the Axis Bank Dining Delights Program.

Rewards Redemption Guide

• For options to redeem IndiGo BluChips, visit goindigo.in/loyalty.

Card Eligibility Criteria

Eligibility

• Primary cardholder should be 18-70 years of age.
• Net income should be a minimum of ₹6 lakhs per annum.
• Applicant should be a resident of India.

Documentation

• PAN Card photocopy.
• Proof of income – Latest payslip / Form 16 / IT return.
• Resident proof – Driver’s license / Electricity Bill / Landline telephone bill.

Card Review

The IndiGo Axis Bank Premium Credit Card is a strong contender for frequent IndiGo flyers, offering substantial travel-centric benefits. Its high joining and annual fees are offset by generous welcome and annual BluChips vouchers, along with significant milestone rewards that can yield up to 20,000 additional BluChips. The accelerated earning rates on IndiGo channels, groceries, and hotels are a major plus, as are the complimentary international and domestic lounge accesses. The lower forex markup is beneficial for international travelers. However, potential applicants should be aware of the various transaction fees on categories like rent, education, wallet loads, fuel, and utilities, which can add up if not managed carefully. The high finance charges also necessitate timely bill payments. This card is best suited for individuals who can consistently meet the spend thresholds to maximize rewards and utilize the travel and lifestyle benefits effectively.

Important Product Details

• Positive Highlights:
  • Generous IndiGo BluChips earnings: 7 BluChips on IndiGo, 3 on groceries/hotels, 2 on other eligible spends per ₹100.
  • Substantial welcome and annual benefits: 5000 IndiGo BluChips voucher and one 6E Eats voucher each.
  • Significant milestone benefits: Up to 20,000 additional IndiGo BluChips through 4 vouchers on achieving spend targets (₹2L, ₹5L, ₹8L, ₹12L).
  • Complimentary Priority Pass membership with 2 international lounge visits.
  • 2 complimentary domestic airport lounge visits per quarter (conditional on ₹50,000 spend in the preceding 3 months).
  • Buy One Get One movie ticket offer monthly on BookMyShow.
  • Dining discounts through the Axis Bank Dining Delights Program.
  • Lowered foreign currency mark-up of 2.5%.
• Negative Highlights:
  • High joining and annual fee of ₹5,000.
  • High finance charges at 3.75% per month (55.55% per annum).
  • Various transaction fees: 1% on rent (uncapped), 1% on education payments, 1% on wallet loads (for cumulative spends ≥ ₹10,000), 1% on fuel (for cumulative spends ≥ ₹50,000), and 1% on utilities (for cumulative spends ≥ ₹25,000).
  • Domestic lounge access is spend-dependent.

Other Details

• For transactions exceeding ₹1500, you may contact the Bank to convert a credit card purchase into EMIs.
• Exciting offers are available every Wednesday as part of the "Wednesday Delight" program.
• All benefits and offers are subject to specific terms and conditions.