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]

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.

 

[sonuyos]

Launched today .

 

[bugmenot]

https://www.business-standard.com/finance/personal-finance/private-jets-and-more-axis-bank-targets-elite-with-new-luxury-credit-card-124081200585_1.html

.
.

 

[sahilgulati5]

yep read the article few min back its invite only as of now!!

 

[Dragon_slayer]

Did Axis launched product page for this card yet?

 

[m4b]

Will accept the invitation if they provide a complimentary Jet ride to Miami and a free ticket to the Inter Miami Game to watch the and free stays.

 

[m4b]

invitation

ofc if I get an invitation first then negotiate the welcome benefits

 

[m4b]

ofc if I get an invitation first then negotiate the welcome benefits

+ Free Apple TV subscription instead of Bloomberg

 

[Zacobite]

The current lineup of Axis cards is a mess. Literally, every single card is a shell of its former self. The new lineup to replace Citi cards looks promising to me so far because there aren't a lot of spend-based benefits.

This time, they should value brand marketing rather than sales marketing. The brand value is at an all-time low, and people have lost all respect for Axis.

If they want to turn this around, they should stop issuing cluster f*cks like Magnus/Reserve and gradually phase out these products. Maybe introduce another Infinia competitor to keep the EDGE rewards alive. A card with a 12.5k fee should not have a spending requirement for something as basic as lounge access.

Protect the new premium cards like Olympus. Even For someone with a monthly income of 5L or 10L, the card should never be LTF.

And just make the new Primus card as exclusive as the Amex Centurion; limit the card to a few thousand people if you have to.

how will they make money? this is a non starter