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

 

[Dragon_slayer]

Most of the benefits of this card ( except EM ) are not worth for common person, its only useful for UHNI. It would nice to see in upcoming months if UHNI actually buys this or not, otherwise we will see more benefits being added to card.

Something similar to how it went with Magnus when it was launched initially

 

[vikramsrit]

Most of the benefits of this card ( except EM ) are not worth for common person, its only useful for UHNI. It would nice to see in upcoming months if UHNI actually buys this or not, otherwise we will see more benefits being added to card.

Something similar to how it went with Magnus when it was launched initially

Almost all travel benefits are only for people who travel Business/First class. That too with 10s of terms and conditions making it impractical to reap rewards. For an UHNI card, people would want no strings attached

 

[shashankrt]

If you aren't filing ITR then you won't even get Magnus.

Well if he is a farmer.. He can and that too very easily.

 

[bargainHunter]

Axis will likely give it free at some point to UHNIs