Axis Primus, a new Super Premium credit card with ₹1.8L fee

[SubhankarSubhankar is verified member.]

Axis Bank has listed a Super Premium card, silently to their updated MITC, and they’re calling it Axis Primus.


What do we know as of now?

1. 1.8L fee
2. No DCC markup
3. No Forex markup
4. No cash withdrawals fee
5. Lowest finance charges, starting from 1%
6. No over limit fee
7. Add-on card: first one is free, from next one ₹15,000
8. No 1% rent payment fee

Except these as there’s no mention of any exclusion in reward points earning and milestone exclusion. So we can assume, there’s no exclusion. Good old Axis days for a price?


Added the MITC doc in the attachment.


What do you think of this card? Surely it’s not going to be easily available like other Axis cards in golden days, but does ₹1.8L fee justified as of now? Let us know below

 

[m4b]

When the chief mod posted, the old needs to be merged here asap

Axis Bank PRIMUS Credit Card above BURGUNDY PRIVATE Credit Card or OLYMPUS Credit Card

Axis bank is bringing new top tier credit card above BURGUNDY PRIVATE Credit Card. only a few details are published Annual Fee wooping - Rs 1,80,000/- annually and same renewal highest of any card offered by Axis bank Interest rate - lowest of any card 1% pm or 12.68% per...

www.technofino.in

 

[coolguy1]

The interesting bit is that the rewards and the perks(like M&G and airport pickups and drops) have not been purposely leaked/mentioned out so far.

Is Axis testing out the response and waiting for people's reaction to decide how many of them to add?

 

[VasukiVasuki is verified member.]

The interesting bit is that the rewards and the perks(like M&G and airport pickups and drops) have not been purposely leaked/mentioned out so far.

Is Axis testing out the response and waiting for people's reaction to decide how many of them to add?

Are they becoming indusind bank
& Magnus is becoming legend cc 🤣🤣

 

[m4b]

just following ERRC strategy

 

[Card]

just following ERRC strategy

value innovation of blue ocean strategy

 

[ccdc]

its good that the entry criteria is very high with 2.12L fees...so abusers will be removed automatically...plus this card should not have any joining benefits or renewal benefits...it'll weed out almost all abusers....coz if they end up spending 30L or so to recover the fees paid...they'll automatically get IT notice coz there are not many ppl who have incomes in excess of 30-40L PA

 

[bing1309]

Axis Bank has listed a Super Premium card, silently to their updated MITC, and they’re calling it Axis Primus.


What do we know as of now?

1. 1.8L fee
2. No DCC markup
3. No Forex markup
4. No cash withdrawals fee
5. Lowest finance charges, starting from 1%
6. No over limit fee
7. Add-on card: first one is free, from next one ₹15,000
8. No 1% rent payment fee

Except these as there’s no mention of any exclusion in reward points earning and milestone exclusion. So we can assume, there’s no exclusion. Good old Axis days for a price?


Added the MITC doc in the attachment.


What do you think of this card? Surely it’s not going to be easily available like other Axis cards in golden days, but does ₹1.8L fee justified as of now? Let us know below

Yes easy way removed due to existing conditions are strict, yes definitely I will upgrade from Reserve to this in coming days.

 

[sid16]

Will be worth the fees only if they give rewards on tax payments. If they have exclusions like Magnus, then no point.

 

[gg123]

They are cooking.

 

[Xaos]

Wait until they make it LTF in few months and put 100 points in exclusion list.

 

[Heehaahee]

Are they offering it LTF?

 

[msankadi]

its good that the entry criteria is very high with 2.12L fees...so abusers will be removed automatically

This is exactly the sort of criteria that abusers flock to esp given the fee paid....paying electricity bill payment for multiple companies, leveraging card for commercial purpose etc..

 

[bing1309]

Wait until they make it LTF in few months and put 100 points in exclusion list.

Have you heard of Axis Reserve becoming LTF ?

 

[Anupama_Jha]

Have you heard of Axis Reserve becoming LTF ?

Yess, last night while sleeping aka in dream😁

 

[Deleted member 11974]

Are they offering it LTF?

yes
criteria for the same would be TRUE BURGUNDY PRIVATE CLIENTS only

 

[Riya]

Axis Bank has listed a Super Premium card, silently to their updated MITC, and they’re calling it Axis Primus.


What do we know as of now?

1. 1.8L fee
2. No DCC markup
3. No Forex markup
4. No cash withdrawals fee
5. Lowest finance charges, starting from 1%
6. No over limit fee
7. Add-on card: first one is free, from next one ₹15,000
8. No 1% rent payment fee

Except these as there’s no mention of any exclusion in reward points earning and milestone exclusion. So we can assume, there’s no exclusion. Good old Axis days for a price?


Added the MITC doc in the attachment.


What do you think of this card? Surely it’s not going to be easily available like other Axis cards in golden days, but does ₹1.8L fee justified as of now? Let us know below

Ye CARD hai ya hahacar(d) hai... 🧐

 

[sonuyos]

I am going to get it if it is truly exceptional.

Like maybe 50-60p per 200rs with 1:1 transfer ratio and no limit on transfer.

 

[Pissant]

If they give reward points on purchasing cryptocurrency I will also get this card.

 

[ccdc]

This is exactly the sort of criteria that abusers flock to esp given the fee paid....paying electricity bill payment for multiple companies, leveraging card for commercial purpose etc..

yes but with no joining benefits (ideally)....they'll have to spend much more from cc to recover the fees.....for many it'll trigger IT notices....which is good...phasne chahiye sab....ek do ko jail ho jaye...toh baaki sab chod dengue ye sab rotation/abuse...