Axis Bank Burgundy Private Credit Card

The various benefits offered on Axis Bank Burgundy Private Credit Card are given below.

Transaction Benefits

Cash Withdrawal Benefit: Withdraw cash without paying withdrawal charges or interest on withdrawn amount.

Forex Benefit: Conduct international transactions without paying foreign mark-up interest fee.

Credit Limit Benefit: Increase credit limit during foreign travel.

Reward Programme: Earn 15 EDGE REWARD points for every Rs. 200 spent on the card. Redeem the reward points from a wide variety of items offered in Axis Bank Rewards Catalogue.

Suggested Read: Best Travel Credit Cards in India for 2020

Lifestyle & Entertainment Benefits

Concierge Services: Use concierge service to book flight tickets, restaurant reservations, gift deliveries, and more.

EazyDiner Membership: Get free EazyDiner Prime Membership for savings up to 40% at fine dining restaurants.

Dining Benefits: Get up to 20% savings at over 4000+ restaurants across India.

Golf Offer: Get 50 rounds of golf per year for free.

BookMyShow Offer: Get a free ticket for every movie/non-movie ticket bought through BookMyShow. This offer can be availed 5 times for movies and 5 times for non-movie events.

Custom Holiday Packages: Get personalized assistance for your styling and shopping needs.

Additional Read: Concierge Services: A Perk for Premium Credit Card Users

Travel & Hospitality Privileges

Concierge Airport Visits : Get 8 free airport visits, to make a booking visit extraordinaryweekends.com

Lounge Access: Unlimited lounge access at international airports for Priority Pass holders and add-on cardholders. Also, get 12 free guest visits per card. Unlimited lounge access is also given at domestic airports. This offer is valid until the card is valid.

Dining Membership and Offers: Get free hotel and dining memberships, some memberships offered are: Club Marriott, Accor Plus, and Taj Epicure. Besides this users also get special dining privileges for special occasions.

Discounted Stays: Get up to 20% off and other privileges at Postcard hotels. Save up to 50% at Oberoi Properties.

Airport Taxi Benefits: Get up to 30% discount on conveyance to airports in India and abroad.

Coverage & Protection Offers: Get air accident cover (worth Rs. 4.5 cr.), lost card liability, and purchase protection.

Suggested Read: 10 Best Credit Cards for Airport Lounge Access

Health & Wellness

Health and Wellness Coaching: Get concessions on health and wellness coaching at Weljii.

Medical Consultation: Get world-class medical specialists for second opinions.

Diagnostic Centres: Get diagnosis at leading medical institutions like Dr.Lal Pathlabs, Metropolis and SRL Diagnostics.

International Medical Assistance: Get global travel and medical assistance during international travel.

Suggested Read: Everything You Need to Know About Medical Services on Credit Cards

Basic Account Charges

Category	Applicable Charges
Interest Rate	1.5% per month / 19.56% per annum
Initial Funding	Not Applicable
Average Quarterly Balance Required (AQB)	Not Applicable
Total Relationship Value with Demat Holdings*	Rs.5 Cr
Account Service Fee	NIL
Primary Debit Card: Type	Burgundy Private Debit Card
Primary Card: Issuance Fees	NIL
Primary Card: Annual Fees**	NIL
Joint Debit Card: Type	Burgundy Private Debit Card
Joint Card: Issuance Fees	NIL
Joint Card: Annual Fees**	NIL
My Design Card Issuance	NIL
Chequebook Issuance	Unlimited, Free
DD/PO Issuance	Unlimited, Free
Account Closure	Rs. 500#
NetSecure with 1 Touch – Issuance fee	Rs. 1,000

Transaction Charges

Features	Charges Applicable
Daily ATM Withdrawal Limit	Rs. 4 lakhs
Daily POS transaction Limit	Rs. 7 lakhs
Monthly Cash Transaction: No. of transactions / Limits (Metro/Urban/Semi-Urban/Rural)	Unlimited, Free
Charges beyond free limit	Not applicable
Outstation Cheque Collection Fees	NIL
RTGS Fees (Branch and Online)	NIL
NEFT Transaction Limits	NIL
NEFT Fees (Branch)	NIL
NEFT Fees (Online)	NIL
IMPS Fees	NIL
Speed Clearing Fees	NIL
Axis Bank ATM: No. of Free Transactions	Unlimited
Non- Axis Bank ATM: No. of Free Transactions	Unlimited
Non-Axis ATM: Cash Withdrawal (financial transaction) fees beyond limits	NIL
Non-Axis ATM: Balance Enquiry (non-financial transaction) fees beyond limits	NIL
International Cash Withdrawal fees (ATM)	NIL
International Balance Enquiry fees (ATM)	NIL
Surcharge on Railway Tickets purchased with Debit Card	2.5% of the sale amount (Min Rs. 10) + Rs.30 per transaction
Surcharge at Petrol Pumps	Waived (Upto Rs.1500 per month)
Cross Currency Mark-up on International Debit Card Transactions	3.5%

Transaction Failure Charges

Features	Charges Applicable
Outward Cheque Return	NIL
Inward Cheque Return	NIL
Outstation Cheque Return	NIL
ECS Debit Failure	NIL
Standing Instruction / Auto Debit Return (Insufficient Funds)	NIL
SI Failure charges for RD/MF SIP bounce	NIL

Convenience Charges

Features	Charges Applicable
Card Replacement Fee	NIL
Additional MyDesign Card – Replacement Fee	NIL
Additional Chequebook Fee	NIL
Duplicate PIN (Branch mode only)	NIL
Duplicate Passbook	NIL
Physical Statement Fee at branch for prior quarters	NIL
Stop Payment Instructions: Cheque	NIL
Stop Payment Instructions: ECS	NIL
DD/PO Cancellation	NIL
DD/PO Duplicate	NIL
DD/PO Revalidation	NIL
Additional DD/PO Fee	NIL
Value Added SMS Alerts	NIL
Address Confirmation	NIL
Photo Attestation	NIL
Signature Verification	NIL
Balance Certificate	NIL
Locker fees	100% off for life on 1st locker, 25% off for life on subsequent lockers
NetSecure with 1 Touch – Replacement fee	Rs. 800

Foreign Currency Charges

Features	Charges Applicable
Foreign Currency Outward Remit by Wire/TT/Swift	Rs. 100
Foreign Currency Outward Remit by DD	Rs. 500
Foreign Currency Inward Remit Fee per remittance (wire)	NIL
Foreign Currency Inward Remit: FIRC Charges	Rs. 100
Foreign Currency deposit at Branches	NIL
Traveller Cheques & Currency Notes	NIL
Foreign Currency Cheque: Base Charges	0.10% of INR Value + Taxes applicable
Foreign Currency Cheque: IRM Commission	NIL
Foreign Currency Cheque: Courier Charges	Rs. 50 + Taxes applicable
Foreign Currency Cheque: Additional Charge -FCS only	Correspondent bank Charges ($ 45,any amount)
Foreign Currency Cheque: Additional Charge – Direct Collection only	Drawee Bank Charges – On Receipt
Foreign Currency Cheque: Additional Charge – Reimbursement Collection only	Drawee Bank Charges – On Receipt = Correspondent Bank Charge – $13

Portfolio Investment Scheme (PIS) NRI Savings Account Tariff Structure

Features	Charges Applicable
PIS Issuance Charges	NIL
PIS AMC	NIL
PIS Reporting Charges	NIL
Non PIS Reporting Charges	NIL

 

Terms & Conditions

* Accounts who do not meet the Total Relationship Value (TRV) criteria will be converted to ordinary Savings Account. Prior notice will be served to the user. Also, Fees and charges will apply accordingly.

** Non-Burgundy Private Customers who have a burgundy Private Debit card, an annual fee of Rs. 10,000 plus applicable taxes will be levied.

# Charges will become applicable if the account is closed between 14 days and 1 year. Charges won’t be levied if the account is closed within 14 days of account opening or after 1 year.

Do note that the bank reserves the right to change or modify any of the charges. All the service charges will attract taxes as applicable.

Eligibility Criteria

Axis Bank Burgundy Private Credit Card is extended to Burgundy Private clients only.

Customers who want to start a new Burgundy Private account/relationship should meet the following eligibility criteria at a Customer ID level or Family ID level:

• Maintenance of a minimum Total Relationship Value (TRV) of Rs. 5 crore which includes Demat holdings by 12 months of account/relationship initiation

Do note that this eligibility criterion is required to become a Burgundy Private account holder. Afterwards, the customer must always maintain a TRV of Rs. 5 crore which includes Demat holdings.

Documents Required

The documents required for Axis Bank Burgundy Private Credit Card are:

Identity Proof	Passport, PAN Card, Aadhaar Card, Voter’s ID Card, Driving Licence, Photo Credit Card, Central and State Govt. issued Photo ID Proof, Defence ID Card, etc. (any 1)
Residence Proof	Aadhaar Card, Ration Card, Passport, Bank Account Statement, Voter’s ID Card, Letter from any recognized public authority, Telephone Bill, Electricity Bill, Water Bill (not more than 3 months old), etc. (any 1)
Income Proof	Salary Slips (not more than 3 months old), Bank Statements (not more than 3 months old), ITR, Form-16, etc. (any 1)

Who can apply for Axis Bank Burgundy Private Credit Card?
Axis Bank Burgundy Private Credit Card is only given to the Axis Bank Burgundy Private clients.

What is Burgundy Private Account?
Burgundy Private offers a super-premium banking experience. This facility is reserved for High Net-worth Individuals only. Customers can get various benefits that can help their business as well as personal lives. In fact, only Burgundy Private Account holders can get Burgundy Private credit card. The card comes with a host of benefits and features.

What is the interest rate for Axis Bank Burgundy Private Credit Card?
The interest rate is 19.56% per annum.

What is the foreign currency mark-up fee on Axis Bank Burgundy Private Credit Card?
The foreign currency mark-up fee on Axis Bank Burgundy Private Credit Card is 0.00%.

Does the card offer lounge access?
Yes, customers get unlimited international lounge access via Priority Pass. They also get unlimited domestic lounge access.