SimplifyCards take
A quick decision view before the full facts.
Good fit if: you want a card built for lic premium, insurance, and foreign currency.
Why it can work
It combines complimentary airport lounge access, accelerated rewards on lic premium payments, and no annual fee.
Where value may drop
Fuel, rent, and utilities don't earn rewards. The 3.5% forex markup is high for overseas use.
Quick facts
The key fields before the full details.
Reward calculator
Enter your monthly spend to estimate how many reward points you earn and what they are worth.
What your points are worth
Same points, very different value depending on how you redeem.
How you earn it
| Category | Monthly spend | Reward Points/yr |
|---|---|---|
| International spends | Rs 5,000 | 1,200 |
| Other spends | Rs 8,000 | 960 |
| Insurance | Rs 2,000 | 480 |
Estimates only. Reward rates, caps, and redemption values follow each bank's current terms and can change.
Best for / avoid if
Who this card suits — and who should skip it.
Best for LIC Premium Payments
2 Reward Points / Rs 100 spent
Best for airport lounge access
8 complimentary lounge visits a year across domestic and international.
Best as a no-fee everyday card
Lifetime-free, so there's no annual fee to recover before it adds value.
Avoid for heavy international use
A 3.5% forex markup is on the higher side for overseas spends.
Avoid if you spend big on fuel, rent, and utilities
These categories are excluded and won't earn rewards.
Rewards and redemption
Earn rates, caps, and how points convert to value.
| Category | Rate |
|---|---|
| LIC Premium payments | 2 Reward Points / Rs 100 spent |
| International spends | 2 Reward Points / Rs 100 spent |
| All other eligible spends | 1 Reward Point / Rs 100 spent |
Redemption
Lounge and milestone rules
The spend conditions worth knowing before you rely on a benefit.
- 8 complimentary domestic airport lounge visits per calendar year (limited to 2 visits per quarter).
- Requires spends of Rs 50,000 in the preceding 3 calendar months to unlock access (new cardholders are exempt for the month of card issuance and the next 3 calendar months).
Exclusions
Categories that earn no rewards on this card.
- fuel
- wallet load
- emi conversions
- rent
- education payments via third-party apps
- utilities above fee threshold
- transactions excluded under LIC Axis Bank Signature Credit Card terms
Benefits and fine print
Welcome, renewal, and other listed benefits.
Joining benefits
- 100% cashback up to Rs 300 on first utility bill payment within first 30 days of card issuance
Additional benefits
- Nil joining fee and nil annual fee
- Complimentary lost card liability insurance cover up to credit limit
- 1% fuel surcharge waiver on fuel purchases from Rs 400 to Rs 4,000, capped at Rs 400 per month
- Dining Delights discounts at participating restaurants
Eligibility
Check this before you apply.
Salaried
- Age: 18 to 70 years
- Resident of India or NRI
Self-employed
- Age: 18 to 70 years
- Resident of India or NRI
Compare before you decide
Alternatives based on what you might want instead.
LIC Axis Bank Platinum Credit Card
Best for lic premium, insurance, foreign currency.
Federal Bank Celesta Credit Card
Best for travel, lounge, dining.
Scapia Federal Credit Card
Best for travel, zero forex, lounge.