Airtel Axis Bank Credit Card: Must-have Card for Airtel Users

Welcome Benefits: This credit card offers Amazon e-voucher worth Rs. 500 as a welcome/activation benefit, on the first transaction made within the 30 days of card issuance. The voucher is sent to your registered mobile number within 30 days of meeting the requirement.
Cashback Benefits: You get the following cashback benefits on your Airtel Axis Credit Card:

*Selected payments like hardware cost, installation charges, advance recharge or bill payment amounts made for new or inactive connections will not be eligible for the cashback.

**Except utility bills paid via any other platform except Airtel Thanks app and spends made on fuel, EMI transactions, purchases converted to EMI, outstanding balance, wallet loading, jewellery, rent, govt. services, insurance, education, cash advances and card-related fee & charges.

Click here to know about the other terms and conditions related to cashback on this credit card.

Note: 1% transaction fee applies to education payments via third-party apps, rent payments, and spends exceeding monthly limits on wallet loads (Rs. 10,000), fuel (Rs. 50,000), utilities (Rs. 25,000), and gaming (Rs. 10,000).

Suggested Read: Top Cashback Credit Cards in India

Airport Lounge Access: 4 complimentary domestic lounge visits per year at select domestic airports in India on spending Rs. 50,000 during the previous 3 months. In case of a newly issued card (not for card upgrades), the minimum spend criteria is waived for the month of card issuance and for the next 3 months as well.
The spending condition on lounge access is applicable from 1st May 2024 onwards.

Other Benefits: Some other benefits offered by this co-branded credit card are:

• 1% fuel surcharge waiver, up to Rs. 500 per statement cycle, at all fuel stations across India, applicable on fuel spends between Rs. 400 to Rs. 4,000.
• Up to 20% dining discount at 4000+ partner restaurants in India
• You can convert purchases above Rs. 2,500 into easy EMIs

To understand this better, let us compare Airtel Axis Bank Credit Card (with monthly capping) with Axis Ace (with no monthly capping). To get a clear comparative view, we have also added Cashback SBI Card, which comes with a high general cashback rate but no benefits on utility bill payments.

*In the above example, we have assumed that the utility bill payments are made via the co-branded platform. In case of Airtel Axis Card, it will be Airtel Thanks app and in case of Axis Ace, it would be Google Pay.

Here, we realise that for transactions like mobile bills and utility bills, a capping of Rs. 250 per month for Airtel Axis cardholders is too low, since these transactions are usually high value. But this card still offers a considerable value-back when compared to other similar credit cards. You can make the most of Airtel Axis Bank Credit Card if you use it for your spends on the Airtel Thanks app and put rest of the expenses on a card that gives a higher value back across other categories without any capping.

Suggested read: Top Credit Cards for Online Shopping

Offering the maximum cashback on spends made via Airtel Thanks App, this credit card is best-suited for those who are already in the Airtel ecosystem or are planning to come onboard. Moreover, the card also rewards its users for utility bill payments. Since most credit cards keep utility bills in the excluded category, this card is a good option for those looking to save on this category of spends.

However, cashback on Airtel Axis Bank credit card comes with monthly capping. So, you would only be able to maximize benefits on limited spends every month, as shown below:

• Airtel Bills- Rs. 1,000 spends per month
• Utility Bill Payment– Rs. 2,500 spends per month
• Preferred Merchants– Rs. 5,000 spends per month

The above calculation is done on the basis of cashback rate and the maximum capping. For example, for Airtel Bills you get 25% cashback but only up to Rs. 250 per month. This means you can avail this benefit on monthly transaction value of Rs. 1,000 only.

What is the minimum expenditure criteria to earn cashback on Airtel Axis Credit Card?
To earn cashback there is no minimum expenditure requirement on Airtel Axis Bank Credit Card. However, the maximum cashback you can earn per statement cycle is capped at certain limits across different spends. Click here to know more.

How to redeem the welcome voucher earned via Airtel Credit Card?
To redeem the Amazon gift voucher worth Rs. 500, earned as a welcome benefit on this credit card, you need to follow these steps. (i) Go to www.amazon.in/addgiftcard (ii) Enter the gift card or voucher code in the required field (iii) Click on ‘Add to your balance’

Note that, you can redeem the welcome benefit only when you have an amazon account. In case you do not have one, you need to first create a new Amazon account and then proceed with redemption.

How do I receive the cashback earned via Axis Bank Airtel Credit Card?
The cashback amount earned via transaction made with this card will be auto-credited to your monthly statement. It will be reflected in the next month’s credit card statement as ‘cashback credited’ and adjusted against the next month’s bill. It will be credited to your next billing cycle within three days before the next statement generation.