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Axis Bank

LIC Axis Bank Signature Credit Card

Lifetime-free card: 2 reward points per ₹100 on LIC premiums and foreign currency spends, 1 point per ₹100 elsewhere; a point is worth up to ₹1 on the LIC rewards catalogue, so about 2% and 1% back. Fuel, utilities, rent, wallet and EMI earn nothing.

  • Lifetime free
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Pros and cons

Good

  • Lifetime free: no joining or annual fee

Watch out for

  • Earns nothing on utility bills, rent, wallet loads, government payments and fuel
  • High forex markup (3.5%)
  • Can't be used on UPI (not a RuPay card)
Who it's for
Anyone who wants a no-fee card for everyday spends.
Skip it if
You mainly pay by UPI.

Worked out from the bank's published terms with the same rules for every card, never from what we earn. How we judge cards.

Rewards (value back as % of spend)

Everyday spends
1% (base rate)
Online shopping
1%
Fuel
0%
Groceries
1%
Travel
1%
Bills and utilities
0%
Dining and food delivery
1%

Fees and charges

Joining fee
Free
Annual fee
Free
Fee waiver
Lifetime free: joining, annual and add-on fees Nil
Forex markup
3.5%
Fuel surcharge waiver
1% waiver on fuel transactions of ₹400 to ₹4,000, up to ₹400 per statement cycle (GST on surcharge not refunded)

Benefits and eligibility

Airport lounge
8 domestic visits a year (2 a calendar quarter) after ₹50,000 eligible spend in the previous 3 calendar months; the spend rule is waived for a new card's month of issue and the next 3 months.
Card network
Not published by the bank
UPI payments
No
Minimum income (salaried)
Not published by the bank
Eligibility
Primary cardholder aged 18-70, resident of India; income proof needed (latest payslip, Form 16 or IT return). Axis Bank doesn't publish a minimum income or separate rules for salaried and self-employed applicants. Approval at Axis Bank's discretion.

Fees exclude GST. Reward rates are the value back you get at the bank's published redemption value; where a bank doesn't publish what a point is worth, we leave the rate blank rather than guess. See how we compare cards.

Compare it with other cards

Ready to apply for the LIC Axis Bank Signature Credit Card?

Apply nowVia our referral partner. We may earn a commission.

CreditParakh is not a bank or lender. Approval, limits and final terms are decided by Axis Bank.

Related guides

What changed recently

  1. FeesWorse for you

    Markup on rupee-billed payments at foreign merchants (dynamic currency conversion) rose from 1.5% to 3.5%.

    Before: 1.5% · After: 3.5%

    Bank's notice or terms
  2. FeesWorse for you

    Late payment fee for balances of ₹50,000 and above set at ₹1,300; lower slabs unchanged.

    After: ₹1,300 on balances of ₹50,000 and above

    Bank's notice or terms
  3. Excluded spendsNeutral

    Card terms now state that bridge fees, road fees and tolls earn no rewards; the LIC rewards terms already excluded them.

    Before: Tolls excluded in the LIC rewards terms · After: Tolls, bridge and road fees excluded in the card terms

    Bank's notice or terms

All card changes, month by month

Questions people ask

Is the LIC Axis Bank Signature Credit Card worth it in 2026?

Yes, as a no-fee card for everyday spends: it costs nothing to keep. The catch: earns nothing on utility bills, rent, wallet loads, government payments and fuel.

Is the LIC Axis Bank Signature Credit Card lifetime free?

Yes. The bank's fee schedule shows no joining fee and no annual fee.

Does the LIC Axis Bank Signature Credit Card work on UPI?

No. Only RuPay credit cards can be linked to UPI, and this isn't one.

Does the LIC Axis Bank Signature Credit Card give airport lounge access?

8 domestic visits a year (2 a calendar quarter) after ₹50,000 eligible spend in the previous 3 calendar months; the spend rule is waived for a new card's month of issue and the next 3 months.

What earns no rewards on the LIC Axis Bank Signature Credit Card?

Also no points on telecom, gift cards, bridge and road fees and tolls, or card repayments. Insurance is not excluded: LIC premiums paid through LIC's official payment gateways earn 2 points per ₹100. No cap on points earned is published.

Who can get the LIC Axis Bank Signature Credit Card?

Primary cardholder aged 18-70, resident of India; income proof needed (latest payslip, Form 16 or IT return). Axis Bank doesn't publish a minimum income or separate rules for salaried and self-employed applicants. Approval at Axis Bank's discretion. Approval is at the bank's discretion.

How we checked this card: the CreditParakh team read Axis Bank's own terms and product page on 18 Oct 2026. Every fee, rate and rule above comes from those pages; where they disagree, we say so. We re-check every card monthly and log changes on card changes. See our editorial standards.

Last verified 18 Oct 2026 on Axis Bank's official page. Fees and rewards change; check the issuer's terms before you apply.