IndiGo Axis Bank Premium Credit Card
IndiGo Axis Bank Premium Credit Card sits at the top of the IndiGo–Axis co-brand pairing, built around IndiGo's BluChip loyalty programme. It pays 7 BluChips per ₹100 on IndiGo bookings, 3 per ₹100 on grocery and hotel spends, and 2 per ₹100 on everything else that qualifies. The ₹5,000 joining and annual fee comes bundled with a 5,000-BluChip welcome voucher plus a 6E Eats voucher, both of which repeat every year as a renewal perk. Spend enough and four separate milestones — at ₹2 lakh, ₹5 lakh, ₹8 lakh and ₹12 lakh — each unlock another 5,000-BluChip voucher, meaning a genuinely heavy spender could pull in 20,000 milestone BluChips across the year, though every voucher expires six months after issue. Where this card really earns its fee is the travel side: two complimentary domestic lounge visits per quarter (unlocked once you've spent ₹50,000 in the prior three months), a Priority Pass covering two international visits a year, and a BookMyShow buy-one-get-one movie deal worth up to ₹250 monthly. The one persistent caveat, shared with the entry-level card, is that BluChips have no published exchange rate — neither Axis nor IndiGo will confirm a fixed value, since they only convert into IndiGo fares at whatever price the flight happens to be. We model a BluChip at roughly 42 paise, consistent with how we value every other IndiGo co-brand, which puts the 7-per-₹100 IndiGo rate at approximately 7% back in flight value.
Key features
The essentials worth knowing before applying.
Welcome Benefit
Around ₹2,100 in bonus BluChips on card activation
2.94% on Travel
7 IndiGo BluChips per ₹100 on IndiGo flights, 6E add-ons and IndiGo app bookings
1.26% on Groceries & Hotels
3 IndiGo BluChips per ₹100
️ Airport Lounge Access
2 complimentary domestic visits per quarter plus a Priority Pass with 2 international visits a year
Full reward structure
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Travel | reward points | 2.94% | — |
| Groceries | reward points | 1.26% | — |
| Other | reward points | 0.84% | — |
Fees & charges
| Charge | Amount |
|---|---|
| Annual fee (incl. 18% GST) | ₹5,900 |
| Joining fee (incl. 18% GST) | ₹5,900 |
| Finance charge (APR) | 3.75% p.m. |
| Forex markup | 2.5% |
Perks & benefits
Non-reward value adds up to roughly ₹24,400 a year.
️ Lounge access ~₹13,000/yr
2 complimentary domestic lounge visits per quarter (8/year, unlocked by ₹50,000 of spend in the prior 3 months) plus a complimentary Priority Pass with 2 international visits a year.
Milestone bonus ~₹2,100/yr per tier
5,000 IndiGo BluChips at each of four annual spend thresholds.
Milestone ladder
- 1₹2,00,000 a year₹2,100 of value
- 2₹5,00,000 a year₹2,100 of value
- 3₹8,00,000 a year₹2,100 of value
- 4₹12,00,000 a year₹2,100 of value
Should you get it?
Best for: frequent IndiGo flyers who'll actually redeem BluChips into IndiGo fares, high spenders (₹8L+ a year) who can clear the milestone ladder, and anyone wanting a strong lounge stack at a ₹5,000 fee with ₹50K+ monthly income.
A premium-tier card, well suited to consistent higher-spend users.
Frequent travellers benefit meaningfully from the included lounge access.
✓ Pros
- 7 IndiGo BluChips per ₹100 on IndiGo bookings — the strongest IndiGo earn rate in the co-brand pair
- 5,000-BluChip welcome bonus plus an annual renewal voucher and a 6E Eats voucher
- Four spend milestones (₹2L/₹5L/₹8L/₹12L) can add up to 20,000 BluChips a year
- 8 domestic lounge visits a year plus a Priority Pass covering 2 international visits
✕ Cons
- BluChips redeem only toward IndiGo fares at a dynamic, unpublished rate and can't be transferred or cashed out — the 7/3/2 earn rates are only as good as your own IndiGo bookings make them
- The ₹5,000 fee really needs a heavy IndiGo flyer clearing ₹8L+ in spend to justify itself
- Only 2 international lounge visits a year, and domestic visits are spend-gated
Eligibility & documents
Age
18 –70 years
Min. income
₹50,000 /mo
Employment
Salaried · Self-employed
Documents required
- PAN card
- Aadhaar / valid address proof
- Latest 3 months bank statement
- Income proof — salary slips (salaried) or ITR (self-employed)
- Recent passport-size photograph
How to redeem rewards
🎁 IndiGo fares: redeem BluChips toward IndiGo flight bookings at a dynamic, fare-linked rate. Neither Axis nor IndiGo publishes a fixed value; we estimate a BluChip at roughly 42 paise. BluChips can't be redeemed for statement credit or transferred to anyone else.
What your IndiGo BluChip are worth
Realistic per-point value across redemption routes. IndiGo fares on the 6E app: roughly ₹0.42 per BluChip against the base fare — airline-only, and BluChips expire with prolonged account inactivity. The catch: the ₹5,000 fee only pays off if you genuinely fly IndiGo often enough to put the earned BluChips to use.
The bottom line
For a genuine IndiGo loyalist, the Premium card earns its ₹5,000 fee comfortably: the 5,000-BluChip renewal voucher alone roughly matches the fee at our valuation, the milestone ladder rewards real spending, and the lounge stack (8 domestic visits plus Priority Pass) is strong for the price. Everything, though, hinges on actually flying IndiGo and redeeming BluChips through a closed currency with no published fixed value — this isn't a card for someone who flies other airlines.
Frequently asked questions
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