Axis Bank Burgundy Private Credit Card
The Axis Bank Burgundy Private Credit Card offers exclusive rewards for high-income individuals. Free for Burgundy Private account holders, it gifts 30,000 bonus points on joining. Best for travel, entertainment, dining, and rewards, users gain 15 points for every Rs. 200 spent, saving 1.5% every time you spend.
Key Highlights for Axis Bank Burgundy Private Credit Card
The Axis Bank Burgundy credit card amplifies luxury by offering complimentary lounge access to both primary and supplementary card holders. Memberships to Club Marriott, Accor Plus, and Taj Epicure are added perks. Holders also enjoy Eazy Diner Prime membership, exclusive movie offers, golf privileges, and insurance benefits.
| Joining Fees | Rs. 50,000 (Nil for individuals holding a Burgundy Private account) |
| Annual Fee | Rs. 50,000 (Nil for individuals holding a Burgundy Private account) |
| Best Suited For | High-net-worth individuals |
| Welcome Benefits | 30,000 Edge Reward Points |
| Forex Fee | Nil |
| Eligibility | The Burgundy Private account holders with a TRV (Total Relationship Value) of Rs. 5 Crores or more within the first 12 months after account opening are eligible for the Axis Burgundy Credit Card. |
Features & Benefits of Axis Bank Burgundy Credit Card
Welcome Benefits
Receive a bonus of 30,000 Edge Reward Points upon initiating transactions with the Axis Bank Burgundy Credit Card.
Earning Rewards with Axis Bank Burgundy Private Card
Every Rs. 200 you spend on this card grants you 15 Edge Reward points.
Rewards Redemption
- The accumulated Edge Reward Points can be exchanged on the Edge Rewards platform for shopping, flight/hotel reservations, gift cards, and a variety of products.
- Each Edge Reward Point equates to Re. 0.20.
Travel Benefits
- Enjoy a free Priority Pass membership and endless international lounge entries for both main and supplementary card users.
- Both primary and additional card users receive unlimited access to domestic lounges.
- Annually, rewards guests to 12 visits in both domestic and international airport lounges.
- Avail 8 airport concierge services during your Indian airport visits.
- Receive up to a 20% discount and special privileges at Postcard hotels.
- Save up to half the cost at Oberoi establishments.
- Transport discounts to domestic & global airports can reach up to 30%.
Dining Advantages
- Receive a free EazyDiner membership, ensuring at least a 25% discount on meals.
- Enjoy up to a 20% discount at over 4,000 top-tier dining venues.
Movie Benefits
- Every time you purchase a ticket on BookMyShow, get another one, whether it's a movie or a non-movie ticket, for free.
- Every month, claim up to 5 movie and 5 non-movie tickets at no charge.
- Movie ticket benefits are capped at Rs. 500, and non-movie tickets at Rs. 1,000.
Golfing Privileges
Avail 50 free green fee rounds annually, redeemable at https://www.extraordinaryweekends.com/
Insurance Offers
The Axis Burgundy Credit Card encompasses insurance perks, such as travel coverage, an air mishap coverage of up to Rs. 4.5 crores, protection against card misplacement, and shopping security.
Other Benefits of Axis Bank Burgundy Credit Card
- You get a complimentary membership of Accor Plus, Club Marriott, and Taj Epicure.
- 1 complimentary health and wellness session and up to 25% savings on all other health sessions on Weliji.
- You get global travel and medical assistance while traveling overseas.
Fuel Surcharge Waiver
- The credit cardholders will get a surcharge waiver of 1% on fuel transactions between Rs. 400 and Rs. 4,000 at all fuel stations in India.
- The maximum waiver that you can get is capped at Rs. 400 per month.
Axis Burgundy Credit Card Eligibility Criteria
Eligibility criteria for new account/relationship, calculated at a Customer ID level or Family ID level:
- Maintenance of a minimum Total Relationship Value(TRV) of ₹5 crore by 12 months of account/relationship initiation.
On-going eligibility criteria for existing account/relationship, calculated at a Customer ID level or Family ID level:
- Maintenance of a minimum Total Relationship Value(TRV) of ₹5 crore.
Please note that Burgundy Private Savings Account is mandatory for induction into Burgundy Private.
How Total Relationship Value is Calculated for Axis Burgundy Card?
Total Relationship Value (TRV), aggregated at Customer ID or Family ID level, is composed of:
| Product/Relationship | Inclusions Allowed |
|---|---|
| Liability Relationship | Savings Account, Current Account, Term Deposits, Recurring Deposits and/or Specified Investment Relationships, PIS Accounts (for NRI’s) |
| Investment* Relationship | Mutual Funds, Life Insurance, Private Equity Funds (Commitment amount), Structured Products, Discretionary Portfolio Management Service, Non-Discretionary Portfolio Management Service, RBI Bonds*, PPF*, NPS* and other Alternate Assets |
Fees & Charges of Axis Burgundy Private Credit Card
| Interest Charge | 1.5% per month |
| Reward Redemption Fee | Nil |
| Fuel Surcharge Waiver | 1% on all transactions between Rs. 400 & Rs. 4,000 |
| Cash Advance Fee | Nil |
| Add-on Card Fee | Nil |
| Forex Charges | Nil |
Required Documents for Axis Bank Burgundy Credit Card
To apply for the Axis Bank Burgundy card, you'll need:
- Proof of identity: Options include Aadhar, PAN card, or a Driving License.
- Verification of address: Recent (up to three months old) utilities like Electricity or Water bills or a Bank Passbook.
- Proof of earnings: This can be shown through recent bank statements, ITR, the previous three months' salary slips, or Form-16.
How to Apply for an Axis Burgundy Credit Card?
You can apply for an Axis Burgundy credit card through MyMoneyMantra.
- You can apply now by clicking the "Apply Now" button.
- You will be redirected to the Axis Bank website.
- Choose "Yes" or "No" for existing or new Axis Bank customers.
- Fill in the required details and submit.
Final Words on Axis Burgundy Credit Card
The Axis Burgundy Credit Card stands out among the bank's offerings, not just for its rich rewards, but also its exceptional cost-saving features. Unlike many cards, it doesn't charge a cash advance or forex markup fee. Every transaction lets you pocket a savings of 1.5%. This extends to fuel, dining, and movies. A standout travel perk is the complimentary lounge access. It's not restricted to just the primary and add-on cardholders; guests too can indulge in this luxury, setting this card apart. Few cards offer such a comprehensive array of advantages. For those who aspire to lead a lavish lifestyle while maximizing savings, the Axis Bank Burgundy Private Credit Card is an ideal choice.
Axis Bank Burgundy Private Credit Card FAQs
The Axis Burgundy Credit Card is a premium offering that provides exclusive rewards, privileges, and notable cost-saving features. Apart from the rich rewards, what sets it apart is the lack of cash advance and forex markup fees, ensuring more savings with every transaction.
The Axis Bank Burgundy Private Credit Card primarily targets high-net-worth individuals looking for a blend of luxury and savings. Additionally, having an active Burgundy Private relationship with Axis Bank is essential to be eligible for this card.
With the Axis Burgundy Private Credit Card, every transaction allows users to save 1.5%. This card stands out as it doesn't impose cash advance or forex markup fees, ensuring more value for money spent.
Certainly. The Axis Bank Burgundy Private Credit Card offers its cardholders, including primary and add-on members, complimentary lounge access. A distinguishing feature is that this access extends to guests of the cardholders, enhancing the luxury travel experience.
Yes, the Axis Burgundy Credit Card offers premium dining benefits, allowing cardholders to save at various top-tier restaurants. Additionally, there are exclusive offers on movie tickets, making entertainment more rewarding.
To apply for the Axis Bank Burgundy Private Credit Card, one must have an ongoing Burgundy Private relationship with Axis Bank. Once this relationship is established, you can proceed with the bank's application process for the card.
When applying for the Axis Bank Burgundy Credit Card, applicants need to provide identity proof (Aadhar, PAN card, or Driving License), address verification (like a recent utility bill or bank passbook), and proof of income, which could be recent salary slips, ITR, or bank statements.
With the Axis Burgundy Credit Card, for every expenditure of Rs. 200, cardholders earn 15 Edge Reward points. These points can be redeemed on the Edge Rewards platform for various offers, shopping, flight/hotel bookings, and more.