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LIC Platinum Credit Card

The LIC Platinum credit card offers deals and discounts across various categories dining, shopping, accommodation, travel, and lifestyle. Customers can also get complimentary insurance cover, bonus rewards, and fuel surcharge waiver benefits when they procure a LIC Platinum credit card all with Zero Annual Fees.

Key Highlights of LIC Platinum credit card:

  1. Annual Fee: NIL (Lifetime Free)
  2. Insurance: Air Accidental cover worth ₹1 Crore
  3. Fuel: 1% Surcharge Waiver
Updated On - 13 Feb 2026
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Features and Benefits of LIC Platinum Credit Card

Rewards Program (PlusPoints)

  1. Earn 1 Reward Point for every ₹100 spent.
  2. Bonus Rewards: Get 2X Reward Points on LIC premium payments and international spends.

Comprehensive Insurance Cover

Enjoy peace of mind with complimentary coverage:

  1. Personal Accident Cover: ₹3 Lakh
  2. Air Accidental Insurance: ₹1 Crore

Financial Flexibility

  1. Fuel Surcharge Waiver: 1% waiver on all fuel transactions.
  2. EMI Conversion: Convert high-value purchases (over ₹2,500) into easy monthly installments.
  3. Loan Facility: Avail loans at low-interest rates with an attractive EMI conversion rate of 1.5% per month.
  4. Balance Transfer: Transfer outstanding balances from other bank credit cards to your LIC Platinum card easily.

Additional Perks

  1. Add-on Cards: Get up to 3 add-on cards for family members (spouse, parents, children over 15).
  2. Cash Withdrawals: Access cash at ATMs nationwide.
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LIC Platinum Credit Card Fees & Charges

All charges related to the LIC Platinum Credit Card are explained below.

Membership & Service Fees

Basic card maintenance and service request charges.

  1. Annual Fee: NIL
  2. Add-on Card Fees (Joining/Annual): NIL
  3. Card Replacement Fee: Waived off
  4. Duplicate Statement Fee: Waived off
  5. Transaction Alert Charges: Waived off
  6. Balance Enquiry Charges: Waived off
  7. Copy / Charge Slip Retrieval Fee: Waived off

 Interest, Finance & EMI Charges

Charges related to credit usage, foreign currency, and EMIs.

Type of Charge

Amount

Interest-free Credit Period

Up to 50 days

Finance Charge

3.25% per month

Foreign Currency Transaction Fee

3.50% of transaction amount

Dial-an-EMI Interest Rate

1.5% (for 3, 6, 12, 24 months)

Dial-an-EMI Processing Fee

1.5% or Rs. 150 (whichever is higher)

Transaction & Usage Fees

Costs associated with specific types of transactions or redemptions.

Type of Charge

Amount

Cash Withdrawal Fee

2.5% of cash limit (Min. Rs. 250)

Fuel Transaction Surcharge

Waived off

PlusPoint Redemption Fee

Rs. 30 / request

Penalty Charges

Fees applicable for missed payments or dishonored instruments.

Type of Charge

Amount

Cheque Return / Dishonor Fee

Rs. 300

Late Payment Fee Structure:

  1. Up to Rs. 300: Nil
  2. Rs. 301 – Rs. 500: Rs. 100
  3. Rs. 501 – Rs. 1,000: Rs. 500
  4. Rs. 1,001 – Rs. 10,000: Rs. 750
  5. Rs. 10,001 – Rs. 25,000: Rs. 950
  6. Rs. 25,001 – Rs. 50,000: Rs. 1,000
  7. More than Rs. 50,000: Rs. 1,200
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Eligibility & Documents Required for LIC Platinum Credit Card

To apply for the LIC Platinum Credit Card, you must meet the following criteria:

Eligibility Criteria

  1. Net Income: ₹5,00,000 per annum or above.

Documents Required

  1. Recent payslip showing a Gross Salary of ₹42,000+ per month.
  2. ID Proof (Aadhar/PAN).
  3. Address Proof.
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FAQs on LIC Platinum Credit Card

  • How can Platinum customers redeem their accrued rewards points?

    LIC Platinum credit card customers have to call the LIC credit card customer care desk to make a redemption request.

  • Can Platinum credit card holders set auto-debits on their bank accounts for making bill payments?

    Yes, customers can set the direct debit facility on their Axis Bank accounts to make payments for a LIC Platinum credit card.

  • Can Platinum customers register for LIC premium payments using their LIC credit cards?

    Yes, customers have to submit the filled-in LIC Premium Payment Registration Form to ensure that premium payments are done through their LIC Platinum credit cards.

  • Can customers track the status of an application made for a Platinum credit card?

    Yes, Platinum credit card applications can be tracked by entering the application ID on the LIC website.

  • Can I make payments towards my LIC Platinum credit card online?

    Yes, customers can make online bill payments for a Platinum credit card by entering their credit card and bank account details, make their payments and receive an online confirmation from LIC.

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Credit Card Customer Care
  1. SBI Credit Card Customer Care
  2. HDFC Bank Credit Card Customer Care
  3. Axis Bank Credit Card Customer Care
  4. Federal Bank Credit Card Customer Care
  5. IndusInd Bank Credit Card Customer Care
  6. PNB Credit Card Customer Care
  7. RBL Bank Credit Card Customer Care
  8. Kotak Credit Card Customer Care
  9. Yes Bank Credit Card Customer Care
  10. Standard Chartered Credit Card Customer Care
  11. Canara Bank Credit Card Customer Care
  12. HSBC Credit Card Customer Care
  13. Indian Bank Credit Card Customer Care
  14. Bank of Baroda Credit Card Customer Care
  15. Bank of India Credit Card Customer Care
  16. Union Bank of India Credit Card Customer Care
Credit Card Bill Payment
  1. Credit Card Bill Payment
  2. SBI Credit Card Bill Payment
  3. HDFC Credit Card Bill Payment
  4. Federal Bank Credit Card Bill Payment
  5. Axis Bank Credit Card Bill Payment
  6. IndusInd Credit Card Bill Payment
  7. Kotak Credit Card Bill Payment
  8. Standard Chartered Credit Card Bill Payment
  9. RBL Bank Credit Card Bill Payment
  10. HSBC Credit Card Bill Payment
  11. PNB Credit Card Bill Payment
  12. Canara Bank Credit Card Bill Payment
  13. Bank of Baroda Credit Card Bill Payment
  14. Bank of India Credit Card Bill Payment
  15. Union Bank Credit Card Bill Payment
Credit Card Eligibility
  1. Credit Card Eligibility
  2. SBI Credit Card Eligibility
  3. HDFC Credit Card Eligibility
  4. Federal Bank Credit Card Eligibility
  5. Axis Bank Credit Card Eligibility
  6. Yes Bank Credit Card Eligibility
  7. IndusInd Bank Credit Card Eligibility
  8. HSBC Credit Card Eligibility
  9. Kotak Credit Card Eligibility
  10. Canara Bank Credit Card Eligibility
  11. Standard Chartered Credit Card Eligibility
  12. RBL Bank Credit Card Eligibility
  13. Bank of Baroda Credit Card Eligibility
  14. Union Bank Credit Card Eligibility
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