PRIMUS - A Super Premium Credit Card by Axis

[ManojGowda]

• Joining/Annual Fee – ₹2,12,400 (1.8L+GST)
• No Spend Based Fee Waiver
• Rate of Interest – 1% Per Month (12.68% )
• Cash Withdrawal Charges - Nil
• Fuel Surcharge Waiver – 1% of Transaction Amount (Between ₹400 and ₹10,000)
• Reward Redemption Fee - Nil
• Forex Charges - Nil

Reward Rate
Get 1 EDGE Mile per ₹100 spent
1 EDGE Mile = 5 partner miles
Approx 5 % return rate.
*Fuel, Rent, Utility and Insurance will all be rewarding

Joining Benefits and Renewal Benefit

Joining Benefit - 40k ITC Voucher OR 25k Edge Miles.
Renewal Benefit - 20k ITC Voucher OR 15k Edge Miles.

Quarterly Milestone Benefits

Spend between 20L to 30L - 15,000 EM
Spends between 30L to 50L - 25,000 EM
Spends above 50L - 35,000 EM

Complimentary Memberships

• TAJ EPICURE - Only for first year
• BLOOMBERG - Renewed every year

Lounge Access

Domestic Lounge Access
Unlimited for Primary and add-on card holder. 12 guest visits per year.

International Lounge Access
Unlimited for Primary and add-on card holder with Priority Pass. 12 guest visits per year.


Golf Privilege

International Golf Access
4 Free Golf Rounds With One Guest

Domestic Golf Access
Unlimited Complimentary Golf Rounds and Lessons Along With One Guest in a Year

Add-on card Golf Access
10 Complimentary Golf Rounds or Lessons at Domestic Golf Clubs

A lot more benefits are offered for card holders are offered in terms of stay benefits at 900+ luxury hotels offering a complimentary night, airport meet and greet, airport transfers, airfare privilege offer and many more. Refer here for a detailed information about the other benefits.

 

[ManojGowda]

This card will require 20 Lakh spends to just break even! And this is even with the joining benefits and milestone benefit! And it has no other associated benefits (hotel memberships, Spa access, Gyftr, BMS, EazyDiner etc.). Absolutely, a shit card from Axis. Again. Like I said, the product team at Axis must be made up of the Madagascar Monkeys (no offence to the Madagascar Monkeys though).

You could get way more value from their 2+1 additional night in luxury hotels and buddy airfare privilege where you can get a free business/first class ticket free for the person travelling with you when you buy a full fare business/first class ticket

 

[drsel]

Cap of 80k miles to a group A airline makes MB difficult to recommend.

It is 2 lakhs points from 20 April to 31 December which is equivalent to 1.6 lakh rupees

 

[BBbetter]

80k?

MB has 2lk cap.

Get 2 MB at lesser price and loss of interest.

4lk cap in Group A & 12lk cap in group B overall.

Much better card and higher rate of return.

It’s actually 160k airline miles.

So one long haul J ticket. The only reasonable option is to transfer to Accor.

 

[sonuyos]

It’s actually 160k airline miles.

So one long haul J ticket. The only reasonable option is to transfer to Accor.

Get 2 cards.

They qill happily give it if u become TRV client.

Better that this card.

 

[drsel]

Get 2 cards.

They qill happily give it if u become TRV client.

Better that this card.

2 lifetime free Magnus Burgundy for 30 lacs fixed deposits?

 

[bs77]

Even then, due to the high annual fee, it’ll take a massive amount of spending to just break even.

1 M&G and 1 airport transfer is hugely disappointing.

its not one.
its one per itinerary / 1 per ticket - practically unlimited.

 

[bs77]

international airport meet and greet -Axis Bank Primus Primary Cardholder is eligible for one complimentary one-way
airport Meet & Assist Service or Fast Track immigration while travelling worldwide. ( even without buying ticket from credit card)

Luxury Airport Transfer Service- Each Primary Cardholder is entitled to one complimentary one-way luxury airport transfer
service per itinerary at participating airports across the world on the purchase of business class & above ticket settled with his/her Axis Bank PRIMUS Card

domestic airport transfer - Each Primary Cardholder is entitled to one complimentary one-way airport transfer service
per itinerary at participating airports within India on the purchase of air ticket settled with his/her Axis Bank PRIMUS Card

 

[sonuyos]

2 lifetime free Magnus Burgundy for 30 lacs fixed deposits?

No

if you are ineligible for the care then both against 30lk trv each or else 10lk aqb for both if u r eligible.

 

[gpkumaran]

Non spends benefits are better in some dc
With 30 lakh in bank account

Can you pls tell which bank account and dc variant

 

[drsel]

No

if you are ineligible for the care then both against 30lk trv each or else 10lk aqb for both if u r eligible.

I didn't understand I cannot get a second lifetime free Magnus Burgundy card even though I have 30 lacs FD
Also the 2 lakh limit for group A is per customer ID not per Magnus burgundy card

 

[Vasuki]

Can you pls tell which bank account and dc variant

What features u r looking for

 

[theglobalinvestor]

I didn't understand I cannot get a second lifetime free Magnus Burgundy card even though I have 30 lacs FD
Also the 2 lakh limit for group A is per customer ID not per Magnus burgundy card

I think he means get a MB for you with 30L FD. Then get another MB for your wife/SO with another 30L FD.

 

[sonuyos]

I think he means get a MB for you with 30L FD. Then get another MB for your wife/SO with another 30L FD.

This is what I mean @drsel

However I won't go down the FD route.

 

[drsel]

I think he means get a MB for you with 30L FD. Then get another MB for your wife/SO with another 30L FD.

But we can always wait for first January for that 2 lakh limit to open up again

 

[sonuyos]

But we can always wait for first January for that 2 lakh limit to open up again

Depends on your spend. I am inclined in getting 1 for my wife.

 

[imdjay]

But we can always wait for first January for that 2 lakh limit to open up again

Legendary sir. Can I do a 30L fd, get the card, and close the fd? I don't think there will be any lien on the fd.

 

[drsel]

Legendary sir. Can I do a 30L fd, get the card, and close the fd? I don't think there will be any lien on the fd.

They check every quarter
if you don't have 30 lacs total relationship value they will issue you an old Magnus card and charge you for it and your Magnus burgundy card will not work anymore

 

[Vasuki]

They check every quarter
if you don't have 30 lacs total relationship value they will issue you an old Magnus card and charge you for it and your Magnus burgundy card will not work anymore

What if you put 10 lakh for 3 month at very start
But instead of getting m4b
You want M
But higher limit as you have got in m4b

Does that work

Or even
You put 10 lakh and you want Burgundy complimentary card select but higher limit

 

[drsel]

What if you put 10 lakh for 3 month at very start
But instead of getting m4b
You want M
But higher limit as you have got in m4b

Does that work

Or even
You put 10 lakh and you want Burgundy complimentary card select but higher limit

The limit is the same whether Magnus or Magnus burgundy it depend on your annual income income tax return etc

 

[drsel]

a 30 lakh FD will not increase your limit at all
It's only the basic requirement for a magnus burgundy