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

 

[drsel]

Collect 1.8L from many applicants and in about 6 months, once they have enough, devalue the card. Rinse and repeat for continued profit! Customers are wonderful suckers.

It won't work out like that
there will not be too many people willing to pay 212400 for this card

 

[sonuyos]

What is the work around for income tax

What is the workaround for government taxes? Please advise, or you can DM too if possible.

Please DM me about the workaround for income tax payment

Have you used it yourself yet? Kindly share some details

Everything is getting closed. Even if its working, it won't be after few months. So, ignore and move on

I was not replying because i was yet to test it, unfortunately it is closed now.

 

[svs_23]

We have workarounds for Utilities , Insurance and Gold. I think Government taxes is the only major expense which has no workaround for Mangus, it simply remains excluded 🙁

Curious what are the workarounds for insurance and Gold?

 

[drsel]

Curious what are the workarounds for insurance and Gold?

Insurance you need to find an insurance service provider which accepts Amazon pay and use that insurance company

Amazon pay can be bought on HDFC Smartbuy 5x and axis gift edge 2x
For returns between 6% and 12.6%

 

[Dragon_slayer]

@drsel Knows all the tricks of Mangus Burgundy, more than Axis themselves. He is master of MB 🥷

 

[msankadi]

Insurance you need to find an insurance service provider which accepts Amazon pay and use that insurance company

I would suggest if it is a genuine insurance please choose insurance provider by giving 90% weight to the quality and terms of insurance you desire instead of trying to put apay as a criteria....for saving 5-10% dont make the mistake of choosing a wrong insurance provider which will be a lifelong relationship

by all means if there are 2 equal providers that give you all required features...prioritize the one that has apay

 

[drsel]

I would suggest if it is a genuine insurance please choose insurance provider by giving 90% weight to the quality and terms of insurance you desire instead of trying to put apay as a criteria....for saving 5-10% dont make the mistake of choosing a wrong insurance provider which will be a lifelong relationship

by all means if there are 2 equal providers that give you all required features...prioritize the one that has apay

Which insurance do you recommend for mediclaim

 

[msankadi]

Which insurance do you recommend for mediclaim

HDFC Ergo (I have star health for 7 years but going to port to hdfc ergo in sep)

 

[drsel]

HDFC Ergo (I have star health for 7 years but going to port to hdfc ergo in sep)

1) Do they have cashless pay outs in the major hospitals in Mumbai city centre?
2) will they reimburse 100% of the hospital expenses claimed or only a small amount?

 

[Dragon_slayer]

1) Do they have cashless pay outs in the major hospitals in Mumbai city centre?
2) will they reimburse 100% of the hospital expenses claimed or only a small amount?

HDFC ergo is the best option available in the market right now. Buy from Ditto, they will explain you everything

 

[m4b]

I have shared my experience with HDFC ergo somewhere in TF.
1. You can find the hospital network on google.
2. For some medicine they don’t, they have reimbursed 98% of the amount.

 

[m4b]

1) Do they have cashless pay outs in the major hospitals in Mumbai city centre?
2) will they reimburse 100% of the hospital expenses claimed or only a small amount?

Post in thread 'Best Health Insurance Practically'

Jun 9, 2024

How is HDFC ERGO in general

Jitni bhi tarif karun kum padega
The best one so far.
The settlement process is so smooth. Everything is digitised.
Mere sath toh aur ek panga tha, hospital registered (non-network) ni tha hence cashless ni hua tha.
During the settlement process, I have provided every doc to register the hospital and file for reimbursement.
It took hardly 2 days to provide all the information via the app/web.
Now after my attempt, the hospital is now in the network.

• m4b

• 

. . .

 

[msankadi]

1) Do they have cashless pay outs in the major hospitals in Mumbai city centre?
2) will they reimburse 100% of the hospital expenses claimed or only a small amount?

In short yes and yes to both your questions (relative to any other insurance provider) Go for HDFC ergo optima secure

My preferred YT channel for Mediclaim policies covers it in detail too:

 

[rogerthat]

1) Do they have cashless pay outs in the major hospitals in Mumbai city centre?
2) will they reimburse 100% of the hospital expenses claimed or only a small amount?

They have cashless agreements with hospitals in the middle of nowhere in Kerala so most probably will cover all hospitals in all of Mumbai and Thane.

 

[raghav101]

How to apply for this card?

 

[vikramsrit]

Which insurance do you recommend for mediclaim

Explore ICICI Elevate. Looks very promising.

 

[sourpai]

How to apply for this card?

Reach out to your RM or visit branch BM

 

[Dragon_slayer]

I dont think application for this card has opened yet, I checked with my RM 3 days back, they did not heard anything about it yet

 

[drsel]

Primus, Olympus, Horizon, Cashback and all the cards given to Citibank card holders will be available to axis customers only after 15th August after all the pending edge points/miles are credited

 

[raghav101]

No news with the RM of the bank. They are saying no mail or information received as of now.