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Airtel Axis Bank Credit Card: Features and Benefits



Airtel Axis Bank Credit Card: Best Credit Card?


Are you looking for a credit card that offers you rewards, cashback, and discounts on your Airtel bills and online shopping? If yes, then you might want to consider the Airtel Axis Bank Credit Card, a co-branded card that is designed to cater to the needs of Airtel customers and online shoppers. In this blog post, we will review the features and benefits of this card, as well as its pros and cons, fees and charges, special features, application process, and a conclusion.


 

Airtel Axis Bank Credit Card:


  • Joining and Annual Fees: INR 500

  • Interest Rate: 3.6% per month (52.86% per annum)

  • Welcome Benefit: Amazon eVoucher worth Rs.500 on first transaction made within first 30 days of card issuance.

  • Special Feature: 25% cashback on Airtel Mobile, Broadband, WiFi and DTH bill payment (Capped at INR 300 per month).





 

Features and Benefits:

 

The Airtel Axis Bank Credit Card offers you the following features and benefits:

 

  • 5% cashback on Airtel prepaid and postpaid bills, broadband and DTH recharges, and Airtel Thanks app purchases.

  • 4% cashback on Flipkart, Amazon, Myntra, and other online shopping platforms.

  • 2% cash back on all other spends.

  • No upper limit on cashback earned.

  • Cashback is credited to your Airtel wallet or savings account every month.

  • Free Airtel Xstream Premium subscription for one year.

  • Free Shaw Academy online courses for one year.

  • Complimentary lounge access at select airports in India.

  • Fuel surcharge waiver up to Rs. 500 per month.

  • Zero lost card liability and purchase protection.


Pros and Cons

 

The Airtel Axis Bank Credit Card has the following pros and cons:

 

Pros:

 

  • High cashback rate on Airtel and online shopping spends.

  • No cap on cashback earned.

  • Free entertainment and education benefits.

  • Low annual fee of Rs. 499 (waived off if annual spends exceed Rs. 1 lakh).

  • Easy application process through the Airtel Thanks app.

 

Cons:

 

  • Low cashback rate on other spends.

  • Cashback can only be redeemed through Airtel wallet or savings account.

  • Limited lounge access benefits.


Fees and Charges

 

The Airtel Axis Bank Credit Card has the following fees and charges:

 

  • Joining fee: This is a one-time fee that you have to pay when you get the card. The joining fee for the Airtel Axis Bank Credit Card is Rs. 500, which is waived off if you spend Rs. 5,000 or more within the first 45 days of card issuance.

  • Annual fee: This is a recurring fee that you have to pay every year to renew your card membership. The annual fee for the Airtel Axis Bank Credit Card is Rs. 500, which is waived off if you spend Rs. 1 lakh or more in the previous year.

  • Interest rate: This is the interest rate charged on your outstanding balance if you do not pay the full amount by the due date. The interest rate for the Airtel Axis Bank Credit Card is 3.6% per month (52.86% per annum), which is higher than other cards in the market.

  • Cash advance fee: This is the fee that is charged when you withdraw cash from an ATM using your credit card. The cash advance fee for the Airtel Axis Bank Credit Card is 2.5% of the amount withdrawn or Rs. 500, whichever is higher.

  • Late payment fee: This is the fee that is charged when you do not pay at least the minimum amount due by the due date. The late payment fee for the Airtel Axis Bank Credit Card ranges from Rs. 100 to Rs. 700, depending on your outstanding balance.

  • Over-limit fee: This is the fee that is charged when you exceed your credit limit. The over-limit fee for the Airtel Axis Bank Credit Card is 3% of the over-limit amount or Rs. 500, whichever is higher.

  • Foreign currency transaction fee: This is the fee that is charged when you make a transaction in a foreign currency using your credit card. The foreign currency transaction fee for the Airtel Axis Bank Credit Card is 3.5% of the transaction amount.


Special Features:

 

The Airtel Axis Bank Credit Card has some special features that make it stand out from other credit cards:

 

  • You can apply for this card through the Airtel Thanks app in a few minutes, without any physical documentation or verification.

  • You can manage your card through the Airtel Thanks app, where you can view your transactions, statements, cashback earned, and pay your bills.

  • You can also use the Airtel Thanks app to access your free Airtel Xstream Premium and Shaw Academy subscriptions.

 

Application Process:

 

To apply for the Airtel Axis Bank Credit Card, you need to follow these steps:

 

  • Download the Airtel Thanks app from the Google Play Store or the Apple App Store.

  • Log in with your Airtel number and verify it with an OTP.

  • Tap on the "Bank" icon at the bottom of the screen and select "Airtel Axis Bank Credit Card".

  • Fill in your personal details, such as name, date of birth, PAN number, address, email ID, etc.

  • Accept the terms and conditions and submit your application.

  • You will receive an instant approval or rejection message on your screen.

  • If approved, you will receive your card within 7 working days.


Comparison of Airtel Bank Credit Card and the Flipkart Axis Bank Credit Card:


Airtel Axis Bank Credit Card vs. the Flipkart Axis Bank Credit Card. Both these cards are co-branded with popular online platforms and offer you cashback, discounts, and other perks. But which one is better for you? Let's find out.


Airtel Axis Bank Credit Card

 

The Airtel Axis Bank Credit Card is a card that gives you 1.5% cashback on all online and offline spends, with no limit or category restrictions. You also get 4% cashback on Airtel recharges, bill payments, and DTH subscriptions. Additionally, you get free Airtel Xstream Premium subscription, free Wynk Music subscription, and free Hello Tunes. The card also offers you a complimentary Amazon Prime membership for one year if you spend Rs. 15,000 or more in the first 90 days of card issuance. The annual fee of the card is Rs. 499, which is waived off if you spend Rs. 50,000 or more in a year.

 

Flipkart Axis Bank Credit Card

 

The Flipkart Axis Bank Credit Card is a card that gives you 5% cashback on Flipkart, Myntra, and 2GUD purchases, 4% cashback on preferred merchants like Uber, Swiggy, PVR, etc., and 1.5% cashback on all other spends. You also get welcome benefits worth Rs. 3,300, including vouchers from Flipkart, Myntra, Gaana, etc. The card also offers you a complimentary Gaana Plus subscription for six months, a 50% discount on annual Zomato Pro membership, and four complimentary lounge visits per year. The annual fee of the card is Rs. 500, which is waived off if you spend Rs. 2 lakh or more in a year.

 

Comparison

 

Both the cards are suitable for online shoppers who want to save money and enjoy benefits from their favorite platforms. However, there are some differences that might help you decide which one is better for you.

 

  • Cashback: The Flipkart Axis Bank Credit Card offers higher cashback on Flipkart group purchases and preferred merchants, while the Airtel Axis Bank Credit Card offers flat cashback on all spends. If you shop frequently from Flipkart group sites or preferred merchants, you might benefit more from the Flipkart card. If you want more flexibility and simplicity in your cashback, you might prefer the Airtel card.

  • Benefits: The Flipkart Axis Bank Credit Card offers more benefits in terms of vouchers, subscriptions, and lounge access, while the Airtel Axis Bank Credit Card offers more benefits in terms of Airtel services and Amazon Prime membership. If you value these benefits and use them regularly, you might find the Flipkart card more rewarding. If you are an Airtel user or an Amazon Prime fan, you might find the Airtel card more appealing.

  • Annual fee: The Flipkart Axis Bank Credit Card has a slightly higher annual fee than the Airtel Axis Bank Credit Card, but it also has a lower spending threshold to waive off the fee. If you spend more than Rs. 2 lakh in a year, you can avoid paying the annual fee for both the cards. If you spend less than that, you might find the Airtel card more economical.

Both the Airtel Axis Bank Credit Card and the Flipkart Axis Bank Credit Card are good options for online shoppers who want to earn cashback and enjoy benefits from their favorite platforms. However, depending on your spending habits and preferences, one card might suit you better than the other. You should compare the features and benefits of both cards carefully before applying for one.


Conclusion:


The Airtel Axis Bank Credit Card is a good option for Airtel customers and online shoppers who want to earn high cashback on their spending. It also offers some free entertainment and educational benefits that add value to the card. However, it has a low cashback rate on other spends and limited redemption options for the cashback earned. It also has a high-interest rate and foreign currency transaction fee that can increase your expenses. Therefore, you should weigh the pros and cons of this card before applying for it.


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