LIFETIME FREE Visa, RuPay 📡 Contactless NFC

LIC Axis Platinum Credit Card

Joining FeeFREE

Annual FeeFREE

Forex Markup 3.5%

Apply Now →

⚖️ Card Verdict & Target Persona

Who Should Apply

LIC policyholders and daily UPI spenders looking for an entry-level Lifetime Free card earning points on insurance premium payments and utility bills.

Who Should Avoid

Users seeking airport lounge visits or premium lifestyle rewards.

🎁 Key Features & Highlights

🎉

Joining & Activation Welcome Gift

100% cashback up to ₹300 on first utility bill payment within 30 days of card setup

2X Rewards on LIC Premiums

Earn 2 Reward Points per ₹100 (0.40% return) on LIC insurance premium payments and foreign currency spends.

₹300 Utility Welcome Cashback

100% cashback up to ₹300 on first utility bill payment made within 30 days of card setup.

Lifetime Free Credit Card

Unconditionally Lifetime Free credit card with zero annual and maintenance charges.

💰 Reward Structure & Point Valuation

1 EDGE Reward Points = ₹0.2

Standard Base Earning

1 EDGE Reward Point per ₹100 spent on other retail and UPI transactions (0.20% return; 1 RP = ₹0.20)

Accelerated / Partner Rate

2 EDGE Reward Points per ₹100 (0.40% return) on LIC premium payments and foreign currency spends; 100% cashback up to ₹300 on first utility bill payment

Points Validity:36 Months

Redemption Fee: ₹99 + GST / cycle

Redemption Modes: Axis EDGE Rewards Portal (Brand Vouchers & Electronics), Air Miles Transfer Partners

🚫 No Reward Points / Cashback on:

Fuel Wallet Loads Rent Payments Government Transactions Jewellery Cash Advances EMI

🛋️ Airport Lounge Access & Spend Criteria

✗ No Free Lounge Access

🛫

Domestic Lounge VisitsNone

🌐

International Lounge VisitsNone

⚠️

Spend Criteria: None

⚡ Spend Milestones & Special Perks

Annual Fee Waiver Lifetime Free (₹0)

Unconditionally Lifetime Free (LTF) credit card with zero joining and annual fees

UPI Payments Support✓ Supported (RuPay)

1 EDGE Reward Point per ₹100 on eligible merchant RuPay UPI QR transactions

Fuel Surcharge Waiver1% Surcharge Waived

1% fuel surcharge waiver for transactions between ₹400 and ₹4,000 (Capped at ₹400/mo)

📋 Eligibility Criteria

✓ Official Criteria

Age Limit18 - 70 Years

Min. Monthly Income₹25,000

Min. Credit Score720 CRIF

Employment TypeSalaried / Self-Employed

📊 Interest Rates & Charges

Finance Charges (Interest Rate / APR):3.60% per month (52.86% per annum)

Late Payment Penalties:Late payment charges slab-based up to ₹1,200

Official Bank Portal Application

Get the LIC Axis Platinum Credit Card

Lifetime Free Card • Zero Annual Maintenance Charges

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Personalized Card Matcher

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Frequently Asked Questions

Yes, the LIC Axis Platinum Credit Card is a Lifetime Free credit card with ₹0 joining fee and ₹0 annual renewal fee.

LIC Axis Platinum Credit Card Lifetime Free (₹0)