5 EDGE Reward Points / ₹100
Limited data Pairwise comparison
Compare 3+ cards →
Axis Bank Privilege vs IDFC FIRST Bank Ashva Metal Credit Cards – Fees, Lounge, Forex
Side-by-side comparison of the Axis Bank Privilege and the IDFC FIRST Bank Ashva Metal. Verify fees, lounge access, forex markup, and base rewards before you apply.
The short answer
VerdictPick Ashva Metal for spending abroad and lounge access.
Head-to-head
Three core metrics- Annual fee Privilege saves ₹1,499/yrPrivilege ₹1,500 Waivable at ₹5,00,000 spendAshva Metal ₹2,999 Annual-fee waiver not offered
- Forex markup Ashva Metal saves ~₹2,500 per ₹1L abroadPrivilege 3.5%Ashva Metal 1%
- Domestic lounge Ashva Metal: +8 lounge visits/yrPrivilege 8/year (2 per quarter) Conditional · Domestic: 2/quarter · requires ₹50,000 spend in the previous 3 calendar monthsAshva Metal 16/year (4 per quarter) Conditional · 4/quarter · requires ₹20,000 spend in the previous month (unlocks the following month)
Reward earning explained
Per card5 pts / ₹150
Strong dataPick based on what matters
4 dimensionsStart with the constraint you care about most: annual fee (Axis Bank Privilege: ₹1,500 vs IDFC FIRST Bank Ashva Metal: ₹2,999), forex markup (3.5% vs 1%), or lounge access (8/year (2 per quarter) vs 16/year (4 per quarter)).
-
Travel Insufficient data Insufficient data to compare travel
Only IDFC FIRST Bank Ashva Metal has comparable evidence here. Forex markup is 1%.
-
Forex markup IDFC FIRST Bank Ashva Metal wins IDFC FIRST Bank Ashva Metal is better for forex
IDFC FIRST Bank Ashva Metal is stronger here. Forex markup is 1%.
-
Lounge access IDFC FIRST Bank Ashva Metal wins IDFC FIRST Bank Ashva Metal is better for lounge access
IDFC FIRST Bank Ashva Metal is stronger here. IDFC FIRST Bank Ashva Metal offers 16 domestic lounge visits per year versus 8.
-
Rewards Tie Both cards are similar for rewards
Axis Bank Privilege conservative base value ~1% vs IDFC FIRST Bank Ashva Metal's ~0.8%. IDFC FIRST Bank Ashva Metal conservative base value ~0.8% vs Axis Bank Privilege's ~1%.
All fields
Example usage at this monthly spend
At ₹50k/month spend:
- Privilege: ~₹500/month at base rate
- IDFC First Bank Ashva Metal: ~₹420/month at base rate
Illustrative only, using current base rates before caps.
| Field | Privilege Axis Bank | Ashva Metal IDFC FIRST Bank |
|---|---|---|
| Insurance — Air accident cover Only available for IDFC First Bank Ashva Metal | Not specified | ₹1 crore |
| Insurance — Personal accident cover Only available for IDFC First Bank Ashva Metal | Not specified | ₹10 lakh |
| Insurance — Lost card liability cover Only available for IDFC First Bank Ashva Metal | Not specified | ₹50,000 |
| Insurance — Underwriter Only available for IDFC First Bank Ashva Metal | Not specified | Insured by New India Assurance |
| Lounge Access | ||
| Domestic lounge visits spend-gated on some cards — see caveats 8/year (2 per quarter) vs 16/year (4 per quarter) | 8/year (2 per quarter) | 16/year (4 per quarter) |
| International lounge visits Not included vs 2 per quarter | No international lounge access | 2 per quarter |
| Forex / International Use | ||
| Forex markup 3.5% vs 1% | 3.5% | 1% |
| Fees | ||
| Recurring annual fee ₹1,500 vs ₹2,999 | ₹1,500 | ₹2,999 |
| Annual-fee waiver ₹5,00,000 vs Not offered | ₹5,00,000 | Not offered |
| Interest-free period Up to 50 days vs Up to 45 days | Up to 50 days | Up to 45 days |
| Monthly interest rate Only available for Privilege | 3.75% / month | Not specified |
| Late-payment charge Only available for Privilege | ₹750–₹1,300 depending on outstanding balance | Not specified |
| Fuel benefit 1% surcharge waiver · ₹400–₹4,000 transactions · ₹400/month waiver cap · Fuel rewards excluded vs 1% surcharge waiver · ₹200–₹5,000 transactions · ₹300/month waiver cap | 1% surcharge waiver · ₹400–₹4,000 transactions · ₹400/month waiver cap · Fuel rewards excluded | 1% surcharge waiver · ₹200–₹5,000 transactions · ₹300/month waiver cap |
| Rewards | ||
| Base earn Some reward lanes are only partially modelled — base rate only for comparison. 5 EDGE Reward Points / ₹100 vs 5 pts / ₹150 | 5 EDGE Reward Points / ₹100 | 5 pts / ₹150 |
| Conservative base value ~1% vs ~0.8% | ~1% | ~0.8% |
| Earn ceiling Not stated vs Rewards apply only to spend up to your credit limit each statement cycle — shared across General spend, Education, Government services, Rent, Wallet loads, FASTag, Insurance, Railways & Utilities | Not stated | Rewards apply only to spend up to your credit limit each statement cycle — shared across General spend, Education, Government services, Rent, Wallet loads, FASTag, Insurance, Railways & Utilities |
| Point value (headline channel) Issuer headline redemption rate — see each card page for the full channel grid. ₹0.2 vs ₹0.25 | ₹0.2 | ₹0.25 |
| Point validity Only available for IDFC First Bank Ashva Metal | Not specified | 2 years |
Notes
- Axis Bank Privilege Credit Card: Condition: ₹50,000 spend in the previous 3 calendar months
- IDFC First Bank Ashva Metal Credit Card: Condition: ₹20,000 spend in the previous month (unlocks the following month)
- Card benefits change frequently. Always verify current terms on the issuer's official website or app before applying.
Axis Bank Privilege
Verify with issuer , opens external siteIDFC FIRST Bank Ashva Metal
Verify with issuer , opens external site