Airtel Axis Credit Card
Introducing the Airtel Axis Bank Credit Card, a collaboration between Axis Bank and Bharti Airtel, tailored for Airtel subscribers. With an annual fee of INR 500, cardholders enjoy enticing benefits, including up to 25% cashback on Airtel services, 10% cashback on utility bills, and purchases made via the Airtel Thanks app from partner merchants. Cashback is seamlessly credited in the statement, simplifying the redemption process.
Exclusive privileges abound with this card, such as receiving an Amazon gift voucher upon enrolment, complimentary access to selected airport lounges, up to 20% dining discounts at participating restaurants, a monthly waiver of up to INR 500 on fuel surcharges, and an annual fee waiver based on spending.
Recognized as one of the premier Axis Bank credit cards in India, it offers Airtel clientele a convenient and gratifying payment option.
Airtel Axis Credit Card Overview
Category
Cashback
Benefits
Cashback, Domestic Airport Lounge Access, Fuel Surcharge Waiver
APR
52.86% annual percentage rate
Return
1% to 25%
Welcome Offer
Receive a Rs 500 Amazon Gift Voucher upon your first transaction within 30 days.
Joining Fee
Rs 500+GST
Annual Fee
Rs 500+GST
Annual Fee Waiver
For spends totaling Rs 2 lakh within a membership year, excluding rent and wallet load transactions.
Eligibility
18-70 Years
Minimum & Maximum age of the applicant
25000
Minimum monthly income
700
Minimum Credit Score
Cashback
Undoubtedly, this stands out as one of India's top-notch cashback credit cards. With every swipe, expect enhanced benefits. Revel in substantial cashback rewards, particularly on transactions linked to Airtel. From recharges to bill payments, each transaction brings additional financial perks.
| SPEND CATEGORY | CASHBACK % | CAPPING |
|---|---|---|
| Airtel Mobile Recharge, DTH, and Broadband Payments on Airtel Thanks app | 25% | Rs 250/statement cycle |
| Utility Bill Payments on the Airtel Thanks app | 10% | Rs 250/statement cycle |
| Preferred Merchants (Swiggy, Zomato and BigBasket) | 10% | Rs 500/statement cycle |
| Other Spends (excluding categories below) | 1% | No Capping |
The following expenditures are ineligible for cashback on the Airtel Axis Bank credit card:
- Education
- Fuel
- Wallets
- Jewellery
- Government Payments
- Insurance
- Rent
- Utility Bill payments outside Airtel Thanks app
Complimentary Airport Lounge Access
Airport Lounge Access in India: 4 visits/year
Airport Lounge Access outside India: Unavailable
With the Airtel Axis Bank credit card, enjoy four complimentary domestic lounge visits within India per calendar year. If you're an occasional domestic traveler, this card provides convenient lounge access. Please note, that to qualify for complimentary airport lounge access, there's a minimum spending requirement of Rs 50,000 over the last three calendar months.
Optimizing Cashback Benefits on the Airtel Axis Bank Credit Card
While the Airtel Axis Bank credit card offers an annual fee waiver of Rs 2 lakh spent, it might be more beneficial to focus on maximizing cashback in each category instead.
This strategy results in a total spend of Rs 42,000 on these categories within a membership year, yielding an impressive overall reward rate of 14%. Even if the annual fee is incurred from the second year onwards, the net reward rate remains at 13%, which is still quite advantageous.
Final Thought
Axis Bank boasts several commendable entry-level cashback credit cards, such as the Flipkart Axis and Ace. The Airtel Axis Bank credit card proudly joins this esteemed lineup. Tailored for Airtel subscribers who prioritize cashback over reward points and miles, this card offers enticing benefits.
For many, especially those with Airtel subscriptions and up to Rs 2500 in utility expenditures, the Airtel Axis Bank credit card outshines the Ace in cashback rewards. While Ace excels with a flat 1.5% cashback on all transactions, the Airtel Axis Bank credit card takes the lead in specific categories, making it a preferred choice for certain spending habits.
Frequently Asked Questions
You can apply for the Airtel Axis Bank Credit Card via the Airtel Thanks app. Previously, applying through the Axis Bank portal wasn't an option, but now you can also apply through their portal. Click to Apply on Axis Bank Portal.
Yes, you're entitled to four visits per year, contingent upon meeting a spending requirement. You must have made purchases totaling Rs 50,000 within the last three months to qualify for complimentary airport lounge access.
Cashback is not provided for expenditures on utilities, excluding those made through the Airtel Thanks app, as well as on education, fuel, wallet transactions, jewelry purchases, government payments, insurance premiums, and rent payments.
Disclaimer: The views and opinions expressed are solely those of the author and do not necessarily reflect the official policy or position of Finostry. The information provided in this review is for informational purposes only and should not be considered as professional advice.