Axis LIC Signature Credit Card: Fees, Rewards & Benefits
Rewards card with lounge access
We may earn a commission if you apply through this link. It never affects our ratings.
The Axis LIC Signature is a lifetime-free card whose best feature is 8 domestic lounge visits plus a 2x boost on insurance spends, useful mainly to LIC premium payers. The Rs. 0.20 point value, removal of utility earning and 3.5% forex markup mean it is a free lounge-and-insurance card rather than a rewards earner.
Rewards card with lounge access
The Bottom Line
The Axis LIC Signature is built for lic premium payer and free-card lounge user. With no annual fee, it offers 0.4% rewards on insurance and a welcome benefit worth ₹300. It makes the most sense if your spending matches lic premium payer and free-card lounge user.
It earns a base reward rate of 0.2% and stacks best when your spending lines up with LIC premium payer, Free-card lounge user.
Who Should Get This Card
Use this as a quick filter before comparing rewards or fees in detail.
Best fit for
IdealAn LIC policyholder who pays insurance premiums on the card to earn the 2x insurance rate at no annual cost.
Someone who values 8 domestic lounge visits without paying any annual fee.
Probably not for
SkipThe Rs. 0.20 point value and 0.2% base rate make returns negligible outside the niche 2x categories.
Utilities and telecom no longer earn points, so recurring bills deliver no value.
Is It Worth It For You?
Slide to your typical monthly card spend. We'll do the rest.
Calculate Your Value
Adjust your typical monthly spend by category.
Sign in for personalized estimates based on your actual spending
Reward Rates
Axis LIC Signature offers 0.2% basic reward rate.
Quick Calculator
Estimate earnings for a specific purchase
Welcome Offer
100% cashback up to Rs 300 on the first utility bill payment made within the first 30 days of card issuance (reported by third-party sources; not confirmed on official product page).
Fees & Charges
Eligibility
- Min Income: ₹15 Lakhs
- Min Credit Score: 750
- Age 18-70; must hold active LIC policy; min annual income ₹6L salaried, ₹15L self-employed; no annual fee.
Exclusions & Terms
Forex markup
- Foreign currency markup
Cash Advances
- Does not earn reward points.
Repayments / Loan Repayments
- Does not earn reward points.
Frequently Asked Questions
3 data-backed answers from our card database
Ready to apply?
No annual fee. Apply on the Axis Bank website.
Apply on Axis Bank →We may earn a commission if you apply through this link. It never affects our ratings.
Explore more on Vyaya
Bank comparisons
Guides & best picks
Browse by category