Axis Bank PRIMUS Credit Card

Axis Bank · Invite only

Axis's ultra-luxury invitation-only card: 1 EDGE Mile per ₹100 on everything, with miles that Axis says convert at 1 to 5 into partner airline miles, 1% a month interest, no forex markup, no late fee and unlimited domestic and Priority Pass lounges with 12 guest visits. ₹5 lakh joining and ₹3 lakh annual fee, a welcome choice of 25,000 miles or a ₹40,000 ITC voucher, quarterly spend bonuses, a companion airfare privilege and a Lifestyle Relationship Manager.

Annual fee
₹3,00,000 + GST a year
Joining fee
₹5,00,000 + GST
Base rate
1 EDGE Mile per ₹100 on all transactions: 1 EDGE Miles per ₹100 (about 1% at cash value)
Lounges
International: unlimited visits a calendar year; Domestic: unlimited visits a calendar year
Forex markup
0%
Data
From bank documents, checked 6 Nov 2026

Earns nothing on

  • No miles on cash advances and EMI conversions
  • No miles on gift cards and bridge, road and toll fees

Where the sources disagree

  • Gift cards and tolls from 2026-08-28: Axis's generic notice for its credit cards says gift cards and bridge, road and toll fees earn no rewards from 2026-08-28. The Primus notice for the same date lists its other changes but not this one, and the Primus T&C names no excluded merchant categories. The generic notice is applied.

Terms the calculator does not value

  • Primus is invitation-only, so the calculator's "card issued today" valuation is illustrative: an ordinary customer cannot get it.
  • Primus EDGE Miles can be transferred to partner airline programmes, but no source names the partners, so no transfer option is entered and miles are valued only through Travel EDGE. The Primus T&C says 1 EDGE Mile equals 5 partner miles "across participating redemption partnered airlines" and sends the cardholder to the Primus Lifestyle Relationship Manager for the list; its redemption table points to Axis's Travel EDGE transfer terms, whose ratio table and caps do not include Primus. No annual cap is stated. If Axis's ordinary airline partners take part at 1 to 5, a mile is worth several times the ₹1 used here.
  • The welcome offer and the renewal offer are each a choice: the EDGE Miles entered or an ITC Hotels e-gift voucher (₹40,000 on joining, ₹20,000 on renewal). The vouchers are valid 12 months and usable only at ITC and Welcomhotel properties, and in cash terms are worth more than the miles at ₹1 a mile.
  • Cards issued up to 2024-07-31 carry a ₹1,80,000 joining and annual fee and ₹15,000 add-on cards. The welcome offer applies only to customers onboarded after 2025-07-15. The calculator values a card issued today.
  • The Primus T&C lists no excluded categories; gift cards and tolls are excluded here on the strength of Axis's generic notice of 2026-08-28. The "Pay by Rewards" cashback redemption (from 2024-08-15), catalogue redemption and partner-outlet redemption have no rate in the T&C and are not valued.
  • Airfare privilege, hotel night and Luxury Hotel Collection benefits, airport meet and assist and transfers, golf, Epicure and Bloomberg memberships and the concierge are benefits that the calculator does not value.

Sources

Compare this card · Find the best card for your spending