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LIC Platinum EMV Credit Card VS LIC Titanium Credit Card

A detailed, side-by-side look at 2 leading credit cards. Analyze the features that matter most to you and make an informed choice.

Features

LIC Platinum EMV Credit Card
LIC Platinum EMV Credit Card
LIC Titanium Credit Card
LIC Titanium Credit Card

Fees & Charges

Joining Fee
Nil
Nil
Renewal Fee
Nil
Nil
Spend Based Waiver
Not applicable.
Not applicable
Foreign Transaction Fees
Not applicable.
3.5% on the conversion amount
Interest Rate (APR)
3% per month (36% p.a.) on revolving credit; 16% p.a. for EMI <6 months, 18% p.a. for EMI >6 months on purchases converted to EMI.
52.86% per annum

Rewards & Benefits

Welcome Bonus
No joining or renewal fees; lifetime-free card. No specific welcome voucher or bonus points mentioned.
No welcome bonus or joining perks are offered on this card.
Rewards Rate
1 Reward Point for every ₹150 spent on eligible categories; 1 Reward Point = ₹0.50 value.
2 Reward Points per Rs 100 on LIC premium payments and international spends; 1 Reward Point per Rs 100 on all other categories.
Reward Type
Reward Points
Reward Points
Reward Redemption Fee
₹30 per redemption request.
Nil (however, a redemption fee of Rs 30 is charged on the LIC Titanium Credit Card as per FAQs)

Travel & Lifestyle

Domestic Lounge Access
International Lounge Access
Travel Benefits
Movie Benefits
Dining Benefits
Golf Benefits
Fuel Surcharge Waiver
2.5% fuel surcharge waiver on all fuel transactions across petrol pumps in India.
1% surcharge waiver on fuel transactions between Rs 400 and Rs 4000 at all fuel stations across India

Security & Other

Insurance Benefits
Personal Accident Insurance; Credit Shield up to ₹50,000 for permanent disability; Purchase Protection up to ₹50,000 for accidental loss/damage within 60 days.
Cash Advance Charges
2.5% on withdrawal amount (minimum ₹200); cash withdrawal limited to 10% of assigned credit limit.
2.5% on the withdrawal amount, subject to a minimum of Rs 500
Best valueHigher costHighlights apply to Joining Fee and Renewal Fee only.

LIC Platinum EMV Credit Card

LIC Titanium Credit Card

Who is it for?

The LIC Platinum EMV Credit Card is a lifetime-free, entry-level Visa card designed for shopping and everyday spending. It offers flexible revolving credit, a temporary 30% credit limit enhancement, VISA Bill Pay for over 120 billers, and basic insurance covers. Ideal for cost-conscious users seeking simple conveniences without premium fees, though it lacks high-value rewards and lifestyle perks.

Who is it for?

The LIC Titanium Credit Card is a no-annual-fee, co-branded entry-level card designed for cost-conscious shoppers and frequent international spenders. It delivers elevated 2x reward points on LIC premium payments and overseas transactions, backed by lost card liability cover and a fuel surcharge waiver. Ideal for users who prioritize straightforward rewards on targeted spends without paying fees, it suits everyday use while accepting narrower lifestyle and redemption options.

Pros

Key benefits and features.

Lifetime-free with zero joining and renewal fees, ideal for cost-conscious users seeking a simple card.

Temporary credit limit enhancement up to 30% provides short-term flexibility for larger purchases.

Revolving credit and flexible payment choices allow Minimum Amount Due, partial, or full payments each cycle.

VISA Bill Pay for over 120 billers simplifies utility and service payments with a single card.

Balance transfer and EMI conversion options add repayment flexibility for eligible purchases after one year.

Pros

Key benefits and features.

No annual or renewal fee makes it a cost-effective choice for everyday spending and budget-conscious users.

Accelerated 2x reward points on LIC premium payments and international spends maximize value for targeted transactions.

Lost card liability cover up to the credit limit provides strong protection against unauthorized usage risks.

Fuel surcharge waiver of 1% on eligible fuel transactions between Rs 400 and Rs 4000 helps reduce everyday costs.

Cons

Key drawbacks and limitations.

Limited reward value at ₹0.50 per point with no accelerated or milestone rewards to boost earnings.

No movie, dining, travel, or lounge benefits, making it unsuitable for premium lifestyle seekers.

EMI options require one year of satisfactory account operations, delaying access for new users.

Cash advance fees and interest rates are high, increasing costs for cash withdrawals and revolving credit.

Reward redemption incurs a ₹30 fee per request and requires a 500-point minimum, reducing small redemptions.

Cons

Key drawbacks and limitations.

Limited redemption options restricted to the LIC Reward Catalog reduce flexibility compared to broader programs.

No lifestyle, travel, dining, or movie perks diminish appeal for users seeking comprehensive lifestyle benefits.

High interest rate of 52.86% per annum can lead to significant costs if balances are carried beyond the interest-free period.

A redemption fee of Rs 30 applies despite listed nil fees, adding a cost to reward redemptions.

Ready to Choose?

Based on your comparison, select the credit card that best matches your spending habits and financial goals.