LIC Platinum EMV Credit Card VS LIC Titanium Credit Card
Both LIC Platinum EMV Credit Card and LIC Titanium Credit Card suit shopping-focused spenders, but they earn and cost differently. LIC Platinum EMV Credit Card is lifetime-free and earns 1 Reward Point for every ₹150 spent on eligible categories; 1 Reward Point = ₹0.50 value. LIC Titanium Credit Card is lifetime-free and earns 2 Reward Points per Rs 100 on LIC premium payments and international spends; 1 Reward Point per Rs 100 on all other categories. LIC Platinum EMV Credit Card also brings 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. Weigh the fee against the reward rate above to see which fits your spending pattern better.
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
LIC Platinum EMV Credit Card
LIC Titanium Credit Card
Who is it for?
Who is it for?
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.