By Shubham Sharma
Updated On October 11, 2021

LIC Titanium credit card is a co-branded card issued by LIC in collaboration with Axis Bank. This is another no annual fee card by LIC that offers exciting rewards based on your spendings. You get upto 2 reward points per Rs 100 spent on LIC premium payments and international spendings and 1 reward point on other categories. The customer also gets several other benefits such as lost card liability and fuel surcharge waiver on this credit card. Read below to know more about this credit card’s features and offers.

LIC titanium credit card

Best Suited For

Shopping |

Joining Fee

Nil

Reward Type

Reward Points |

Product Details

  • No Annual fee charged
  • 2 Reward Point every Rs 100 spent on LIC Premium Payment and International spends
  • 1 Reward Point every Rs 100 spent on all categories
  • Lost Card Liability cover up to the credit limit
  • 1% fuel surcharge waiver on fuel transactions between Rs 400 and Rs 4000

Rewards and Benefits

Welcome Benefits

NA

Movie & Dining

NA

Rewards Rate

2 Reward Point Per Rs 100 spent on LIC premium payments and foreign spendings and 1 Reward Point Per Rs 100 spent on other categories.

Reward Redemption

You can redeem your reward point accumulated on your LIC Titanium credit card against the LIC reward catalog.

Travel

NA

Golf

NA

Domestic Lounge Access

NA

International Lounge Access

NA

Insurance Benefits

NA

Zero Liability Protection

Lost card liability cover up to the credit limit of your respective card.

Fees & Charges

Joining Fee

Nil

Renewal Fee

Nil

Spend based Waiver

NA

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

3.5% on the conversion amount

Interest Rates

52.86 per annum

Fuel Surcharge

1% surcharge waiver on fuel transactions between Rs 400 to Rs 4000 at all fuel stations across India

Cash Advance Charge

2.5% on the withdrawal amount subject to minimum of Rs 500

Add-on Card Fee

Nil

LIC Titanium Credit Card Rewards

LIC Titanium credit card customers get rewarded with several benefits. You earn

  • 2 Reward Points on every Rs 100 spent on LIC premium payment and international spends
  • 1 Reward Point on every Rs 100  spent on other categories.

Reward Redemption

You can simply redeem the reward points accumulated on your LIC Titanium credit card against the LIC Reward catalog

Other Benefits

There are several other benefits associated with the LIC Titanium credit card. Below are stated some benefits of LIC Titanium credit card.

  • You lost card liability cover up to the credit limit on your respective card.
  • 1% surcharge waiver on all fuel transactions at all fuel stations in India on transactions between Rs 400 to Rs 4000
  • No annual fee or renewal fee is charged on this card.
  • The customers can convert their purchases into EMI transactions of 6,12 and 24 months using this credit card. The transaction value should be more than Rs 2500.

Eligibility and Documentation

Eligibility Criteria
  • Applicant should be an Indian Resident
  • Applicant should be of an age between 18 years to 70 years
  • Applicant can be either a self-employed or salaried employee
  • The applicant shall have a credit score of 700 or above
Documentation Required
  • Address Proof ( Aadhar card, Voter ID, and Passport)
  • Income Proof ( Bank Statement or salary slip of last 3 months, last 2 years’ audited financial report, etc)
  • Identity Proof (Aadhar Card, Driving License, Voter ID)

Conclusion

For the customers looking for an affordable card that helps you earn reward points on your spendings. Then, the LIC Titanium card is a great choice. With LIC Titanium credit card, you earn 1 reward point on every Rs 100 spent. You also earn bonus reward points on LIC premium payment and international spending. However, there are only limited redemption options available for the customers to redeem their reward points. What do you think about the LIC Titanium credit card? Do let us know your reviews in the comment section. You can also check LIC VISA Signature credit card.

FAQs:

You can get a surcharge waiver on your fuel transactions between Rs 400 to Rs 4000.

No, there is no fee charged on the first add-on card. However, you shall be charged a fee on every additional card issued. You can avail a maximum of up to 3 add-on cards with your LIC Titanium card.

No, you do not get any welcome bonus on signing up for the LIC Titanium credit card.

You are charged with a redemption fee of Rs 30 on LIC Titanium credit card

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