Airtel Axis Bank Credit Card

Airtel Axis Bank Credit Card has offers for the Airtel customers, that are not limited to spends on Airtel only. The annual fee charged on this Axis Bank credit card is Rs.500 which makes it an affordable option for those using Airtel for a its array of services.

This card is meant for only personal expenses and purposes, and not for business or commercial needs. As clearly visible from the contactless symbol (similar to wifi sign) on the card's image, the product is truly a contactless credit card.

There is a lot to gain from this co-branded card. So, keep reading to know all the ways you can benefit from the Axis Bank Airtel Credit Card.

Airtel Axis Bank Credit Card - An Overview

Key Features

Here are some of the key features of the Airtel Axis Bank Card:

• Welcome Benefits (Activation Offer): The customer receives an Amazon eVoucher worth Rs.500 if s/he makes the first transaction within 30 days of receiving the card.
• Cashback Benefits: 25%, 10% and 1% cashback on Airtel Mobile Broadband, WiFi, DTH bill payments through Airtel Thanks app, on utility bill payments via the app and Swiggy, Zomato and BigBasket, and on all other merchants/spends, respectively.
• Lounge Access: If you spend a minimum of Rs.50,000 in the previous quarter (3 months), you get to enjoy 4 complimentary domestic lounge-access in a year. This is applicable to selected airport lounges within the country.
• Dining Benefit: Discount up to 15% at partner restaurants through EazyDiner's Dining Delights programme on the Axis Bank card.
• EMI Conversion: Last but not the least, transactions of or above Rs.2,500 converted into easy EMIs.

Benefits of Axis Bank Airtel Credit Card

The particular Axis Bank Credit Card comes with a huge list of benefits for the customers. Some of these are as follows:

Spending Power:The different cashbacks provided under this card substantially increase the spending power of the customers.

Flexibility:This co-branded card between Axis Bank and Airtel has a variety of options for you to benefit, giving Airtel customers a lot of flexibility in the ways they can maximize their savings.

Build a Credit History:Customers can use it to better their credit history, given they maintain a good credit score through regular use and timely payments.

Benefits Through Rewards:The Airtel Axis Credit Card has a huge number of options in cashbacks. You can earn a cashback starting from 1% to 25%, depending on the kind of transaction made with the card.

Here are some additional benefits you receive as a holder of the Axis Airtel Credit Card:

• This credit card gets you a higher credit limit of up to Rs.5 lakh for you to spend more.
• One can save up to Rs.16,000 in a year by using the Airtel-Axis Credit card.
• The annual fee of Rs.500 can also be waived off with minimum spends of Rs.2 lakh in the second year.

USP - Axis Bank Airtel Credit Card

As discussed, the main Unique Selling Points for the Airtel Axis Card include all the cashbacks provided on four different categories. Others are domestic airport lounge access and fuel surcharge waiver.

The welcome gift certificate or voucher also forms a part of the USP for this particular credit card by Axis Bank, a leading bank of India.

Moreover, it charges a mere Rs.500 annual fee on the card, making it an affordable and must-have for all Airtel customers.

Target Customers

The Card targets Airtel customers looking for benefits on various transactions they use the card for, like Airtel bill payments and other spending. Besides these, it also caters to travel enthusiasts through free lounge access and 15% savings on certain hotel and flight bookings.

Individuals who seek discounts at partner restaurants also form a significant category of customers for the Airtel Axis Bank Credit Card. Popular services like those by Swiggy, Zomato and BigBasket, when paid for via this card, have lots of discounts for you.

Hence, the following can be claimed as the target customers for Airtel Axis Credit Card:

• Airtel customers
• Those seeking savings' maximization and offers
• Travel as well as dining enthusiasts
• Those who frequently use the online mode for buying products
• Individuals seeking rewards on purchases made
• Also suitable for individuals who do not like to give much time to the transactions on credit cards due to a busy schedule or personal preference, as this card can be used conveniently

Eligibility Criteria

Here are some of the criteria based on which you are entitled to get this card:

• The person who will serve as the primary cardholder, that is, in whose name the card will be issued, must be at least 18 years in age. S/he should also not be over 70 Years.
• The person needs to be an Indian citizen.

Documents Required

The following documents are required when applying for the Airtel Axis Bank Credit Card:

• A photocopy of your PAN card or Form 60
• A proof of income
• A proof of residence

For income proof, you may provide your latest salary slip / payslip, Bank statement, Form 16, or Income Tax Returns (ITR) copy / IT return copy.

For residence proof, electricity bill, landline telephone bill, passport, ration card, etc may be used.

You may be asked an identity proof and a coloured photograph of yours. For the proof of identity, you may use Aadhaar card, Driving license, PAN card, Voter ID Card or your passport.

Pre-prepare all documents as you are about to apply for the card.

Fees

Take a look at various other fees and charges that are applicable with the use of Airtel Axis Bank Credit Card-

All above charges and fees are taxable as per Government norms.

Late Payment Penalties

The details for late payment penalties attached to Axis Bank Airtel Credit Card are mentioned below in the table:

It may be noted that the Rs.100 charge will continue to remain applicable for every payment cycle till the MAD or minimum amount due is paid.

Furthermore, there is also an over limit penalty chargeable when a transaction crosses the credit limit on the card. It is charged at 2.5% of the over limit amount (minimum Rs.500).

EMI Conversion Option

When the Airtel Axis Bank Credit Card user carries out a transaction equal to or of more than Rs.2,500, s/he has the chance to convert such big credit card purchase into Equated Monthly Instalments or EMIs.

Availability of Add-On Card Option

The Airtel Axis Credit Card may give the option of Add-On card/s, also known as Supplementary cards. However, both the Add-on card joining fee as well as Add-on card annual fee is waived.

What's chargeable is the replacement of this Add-on card. This amounts to Rs.100.

Here's a table to clarify the same:

Complimentary Membership

Complimentary lounge visits are applicable up to 4 in number per calendar year, given you spent a minimum of Rs.50,000 in a previous quarter. This is allowed only at select airports in India.

Fuel Surcharge Waiver

If you own an Airtel Axis Bank Credit Card, you get to enjoy a 1% fuel surcharge waiver. This is applicable for all fuel stations of India. However, the fuel purchase transactions need to be Rs.400 and Rs.4,000 for you to get this benefit. Also, Rs.500 is the maximum amount you get waived off per statement cycle.

Note that the GST that was charged on fuel surcharge will not be refunded. Also, you do not get any cashback on spending on fuel transactions.

Airport Lounge Access (Domestic/International)

Using this card and being a frequent flyer brings a benefit for you to know. You can enjoy up to four complimentary lounge visits if you spend a minimum of Rs.50,000 in a previous quarter. The 4 lounge-access are allowed per calendar year at some selected Indian airport lounges.

As mentioned, this includes only select airports from those that are located within the country.

Golf Benefit

There is no golf membership benefit for the holders of this Card.

However, there are some other cards by Axis Bank which offer certain golf benefits for the holders of those cards. These include the Reserve Credit Card and the Select Credit Card.

MakeMyTrip Benefit

As a mid-week deal, booking hotels and flights using the MakeMyTrip gives you up to 15% off on all Wednesdays. This helps you make instant savings in the mid of a week.

It may be noted that the same offer is also applicable to Goibibo.

International Benefits

There are some international benefits of using the Axis Bank-Airtel co-branded credit card. However, they are very limited when compared to the benefits offered by a number of other similar cards.

The main benefit of these is up to 15% on spends made through Goibibo or MakeMyTrip for booking hotels and flights for holidays. There is no international lounge access available.

It is also important to note that international transactions using this Card are subject to a foreign transaction fee. This typically amounts to 3.5% of the value of the transaction made.

Forex Markup Fee

Charged on transactions made in a foreign currency, the Forex Markup fee or the foreign exchange markup fee for the Card is charged at 3.5%.

Insurance Coverage

Insurance services do not qualify for cashback.

Rewards

The various rewards you can enjoy with the Card are:

• Welcome Benefit: An Amazon eVoucher worth Rs.500 if s/he makes the first transaction within 30 days of receiving the card.
• Cashback:
  1. On Airtel Mobile Broadband, WiFi, DTH via Airtel Thanks App: 25% cashback (capped at Rs.250/month billing cycle)
  2. On utility bill payments (water, electricity, etc) via Airtel Thanks App: 10% cashback (capped at Rs.250/month billing cycle)
  3. On spends via Zomato, BigBasket, Swiggy: 10% cashback (capped at Rs.500/month billing cycle)
  4. All other spends and merchants: 1% cashback (though some categories do not qualify for cashbacks)
• Airport Lounge Access: Four (4) card lounge visits are allowed per year across the selected Indian airports on minimum spends of Rs.50,000 in the previous 3 months.
• Dining Benefits: Up to 15% off is applicable across partner restaurants across India with EasyDiner.
• Fuel Surcharge Waiver: 1% (maximum Rs.500) is waived off on fuel purchases all across the country, given the transactions are between Rs.400 and Rs.4,000. Note that the GST charges on fuel surcharge are non-refundable.
• Mid-Week Deals: Every Wednesday, you get to enjoy some tempting offers. These include:
  1. 10% off on purchases from Swiggy and Amazon Fresh
  2. Instant savings up to 15% on hotels and flights via Makemytrip and Goibibo
  3. 10% off (Max. Rs.1000) on Tira
  1. Conversion to EMI: Conversion of big purchase into EMIs for transaction of or over Rs.2,500 is also applicable.

As said, the rewards on the Axis Bank Credit Card make it a really valuable credit card, especially for all Airtel customers.

Exclusions

There are several categories across which there are no cashback offers:

• Fuel spends
• Wallet loading transactions
• EMI Transactions are also not applicable to receive any cashback
• Cash advances
• Payment of card fees and other card charges
• Government services also don't apply to cashback with the Airtel-Axis Bank credit card
• Education services
• Purchases that are converted to EMI post facto
• Purchase of jewelry items does not qualify as well
• Utility spends not carried out with Airtel Thanks Application
• Insurance premiums/services
• Rental payments also don't receive any cashback even if you're using the co-branded card between Axis Bank and Airtel
• Outstanding balances' payments

Value for You - How Much Do You Save

The chart below shows the amount of money, or the value, you get to save in a year's time when you use your Airtel Axis Bank Credit Card with its applicable features.

It is clear from the above table that you can save nearly Rs.16,250 in a year when you use the particular Card, thereby adding to your yearly savings.

Note: The values mentioned are assumed (imaginary) and have been used only for illustrative purposes. For more precise amounts and recent updates regarding the particular card, please refer to the card issuer's official website.

Understanding Credit Card Billing Cycle

Credit Card Billing Cycle refers to the time period for which your credit card bill or statement is generated. The bill/statement shows all your transactions of that period made with that credit card and the complete payment you need to make within the next few days. To avoid above-mentioned late payment penalties, it is important that you make the required payment within the particular time frame, that is, before the due date.

Flipkart Axis Bank Credit Card, Miles & More Cards, Signature Cards, Ace Credit Card, and Axis Bank Freecharge Plus Credit Card are credit cards that have a fixed billing cycle.

Here are the billing cycle dates:

A billing cycle date being the 12th of a month may refer to a billing cycle of 30 days starting from 13th of the previous month. The next 20 days or so after 12th of the month (the billing cycle date) will possibly be your time period to make the required payment to avoid late fees.

Pros and Cons of Paying the Minimum Amount Due on Credit Cards

Benefits

• Avoid late fees: Paying the minimum amount due on your credit card is a way to successfully make the payment while also not pay in full. This is beneficial if you are in a lack of funds at the moment. You, at least, are saved from paying the penalties.
• Credit score: Ensuring that the payments made are in time, you can also ensure a good credit score. Credit score brings you a lot more benefits in your financial way ahead.
• Credit utilization ratio: Now that you are able to keep a good standing of your account, you are able to manage the credit utilization ratio better as well.
• A positive account status: All these points promote a healthy relationship between you and your card issuer.

Drawbacks

• Increased interest rates: This is one of the major drawbacks of paying only the minimum amount due. The remaining amount is charged additional interest rates when paying later, thereby increasing your overall repayment amount.
• Creditworthiness: While paying the minimum amount due within the given time limits, you do keep your credit score good, but not good enough. This is because paying the full amount and avoiding debt accumulation bring much more creditworthiness for the card holder.
• Enhanced financial liability: Increased debt period also increases your financial burden over a period of time. You might not be able to pay off the accumulated debt in the time being. It can impact your other financial goals too.
• Difficulty obtaining loans: Given lower creditworthiness and a higher credit utilization ratio, getting loans and credit cards in the future could be more difficult.

Security & Fraud Protection

The bank particularly instructs its customers to be careful against the call spoofing or call number spoofing fraud, a kind of fraud used to trick people into losing their money to the fraudsters.

An impersonation scam, it can happen in the form of toll-free number spoofing or fake Google search results.

The Bank has offered some tips to its customers to help them avoid such scams:

• Use toll-free numbers mainly for receiving customer calls instead of making outgoing calls.
• Make sure that you always prefer going to the official website of the company for contact information.
• Prefer not to download unknown applications on your devices.
• Avoid blindly trusting caller ID.
• Prefer to use the Block feature as and when required.
• When trying to access the website of the bank, try the URL in the browser's address bar.
• Know that no reputable company will ask for any confidential information, especially that attached to your account.
• Lastly, never share OTPs, PINs, passwords, CCVs and other similar confidential data with others.

In case of queries or complaints, one can always reach out to the bank via their structured format available on the official website to 'Lodge a Complaint.' There you will find both their contact details along with their Grievance Redressal Policy.

Moreover, the bank is in association with the CPP Assistance Services (P) Limited to protect your cards along with important documents in case of loss, theft, or other emergencies.

Credit Card Customer Care Number

The following table gives the numbers you can use for Axis Bank credit card-related queries:

The following contact details aim at card protection:

CPP 24-hour helpline: 6000-4000

Emergency Toll-free number: 1800-419-4000

Emergency International number: 91 921244-4000

Use the following keywords to get the specific credit card details by sending an SMS to 56161600 or +919951860002:

Tips for Responsible Credit Card Usage

Follow the below-mentioned tips to ensure that your credit card usage is responsible enough:

Limited Spending

With a credit card in hand, one is naturally tempted to spend more than usual, without having to worry about the expenses. However, because you will have to pay all of it with interest at some point of time, you need to keep a check on your purchases.

Using the Rewards

Try to make efficient use of the available offers on your Airtel Axis Bank Credit Card, as that will help you save even as you spend, earn some extra money and thus maximize the benefits you can receive.

Monitor the Credit Card

From time to time, do a check on the card's particulars. This will help you ensure that the details in your statements are correct and there has been no fraud or inaccuracy from anywhere.

Repay Within Time

Last, never let your payment due dates reach before you actually make the required payments. This is important to maintain a good credit score and creditworthiness, and also avoid extra interest charges.

Multiple Payment Options Available to Pay your Credit Card Bill

You can use any of the following means for Axis Bank Credit Card bill payment:

When paying via Axis Bank Savings Account:

• Auto Debit
• Cash/Cheque Payment
• Axis Bank Mobile Banking
• Pay at ATMs
• Axis Bank Internet Banking

When paying through other banks' saving account/s:

• NEFT or VMT
• Pay using UPI
• Online payment

Should you Consider it?

The Airtel Bank Credit Card by Axis bank is good for those seeking rewards on frequent purchases from brands/merchants like Swiggy, BigBasket, Zomato, Amazon Fresh, etc.

Here are some points that make you more likely to benefit with this card:

• If you are a travel enthusiast and often prefer MakemyTrip and Goibibo to make bookings for the holidays.
• If you are an Airtel customer, especially using the Airtel Thanks App for the payment of bills.
• If you do not want a credit card that requires you to make a considerable amount for the annual fee.
• Lastly, if you are looking forward to earning huge cashbacks by using a number of online applications, that too makes the Airtel Credit Card by Axis Bank a suitable option in credit cards to consider.

FAQs

Disclaimer: Please refer to the official website of the card issuer for any updates and exact details regarding the card.

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