The Airtel Axis Bank Credit Card is a co-branded credit card offered through a partnership between Airtel, one of India's leading telecom companies, and Axis Bank. This card is designed to provide enhanced value to Airtel customers and frequent spenders.
This Credit card offers a range of benefits including cashback on Airtel services, utility bill payments, and popular food delivery platforms. The card provides 25% cashback on Airtel mobile, broadband, WiFi, and DTH bill payments (capped at Rs. 300 per month), 10% cashback on utility bills and food delivery services, and 1% cashback on all other spends.
Additional perks include complimentary airport lounge access, fuel surcharge waivers, and dining discounts through partnerships with EazyDiner. With an annual fee of Rs. 500 that can be waived based on spending thresholds, this card aims to offer significant value for Airtel customers while also appealing to a broader base of consumers seeking rewards on everyday spending.
Features and Benefits Of Airtel Axis Bank Credit Card
The Airtel Axis Bank Credit Card offers a range of benefits designed to provide value to cardholders, particularly those who are Airtel customers. Here's an overview of the key benefits.
| Benefit Category Details | Details |
|---|---|
| Cashback on Airtel Services | 25% cashback on Airtel mobile, broadband, WiFi, and DTH bill payments via Airtel Thanks app (up to Rs. 300/month) |
| Utility Bill Cashback | 10% cashback on utility bill payments via Airtel Thanks app (up to Rs. 300/month) |
| Food & Grocery Cashback | 10% cashback on Swiggy, Zomato, and BigBasket (up to Rs. 500/month combined) |
| General Cashback | 1% cashback on all other spends |
| Welcome Benefit | Amazon eVoucher worth Rs. 500 on first transaction within 30 days of card issuance |
| Airport Lounge Access | 4 complimentary domestic airport lounge visits per year |
| Fuel Surcharge | Waiver 1% fuel surcharge waiver (valid on transactions between Rs. 400-4,000, max benefit Rs. 500 per statement) |
| Annual Fee Waiver | Annual fee of Rs. 500 waived if annual spend exceeds Rs. 2 Lakhs |
These benefits make the Airtel Axis Bank Credit Card particularly attractive for Airtel customers and those who frequently use food delivery and grocery services. The card also offers travel perks and general cashback, making it a versatile option for everyday use.
Airtel Axis Bank Credit Card Value Chart
The Airtel Axis Bank Credit Card offers a range of benefits that provide value to cardholders. Here's a breakdown of the potential annual value based on typical spending patterns.
| Benefit | Potential Annual Value |
|---|---|
| Airtel Bill Cashback (25% up to Rs. 300/month) | Rs. 3,600 |
| Utility Bill Cashback (10% up to Rs. 300/month) | Rs. 3,600 |
| Food & Grocery Cashback (10% up to Rs. 500/month) | Rs. 6,000 |
| General Spends Cashback (1% on all other spends) | Rs. 3,000 |
| Airport Lounge Access (4 visits/year at Rs. 1,000/visit) | Rs. 4,000 |
| Annual Fee | Rs. 500 |
| Total Potential Value | Rs. 19,700 |
This value chart assumes maximum utilization of cashback benefits and lounge visits. The general spends cashback is estimated based on Rs. 3,00,000 annual non-category spending. Actual value may vary depending on individual spending habits and usage patterns. The card's focus on Airtel products and services makes it particularly valuable for existing Airtel customers, potentially saving them thousands of rupees annually on their telecom and entertainment expenses
Eligibility Criteria for the Airtel Axis Bank Credit Card
To check your eligibility for the Airtel Axis Bank Credit Card, you need to meet certain criteria set by the bank. Here are the key eligibility requirements:
- Age: You must be between 21 and 60 years old at the time of application.
- Employment Status: The card is available to salaried employees of private limited companies, public sector undertakings, and central, state, and local government bodies.
- Work Experience: You should have at least 2 years of total work experience, with a minimum of 1 year with your current employer.
- Income: The minimum net monthly income requirement is Rs. 25,000.
- Credit Score: While not explicitly stated for this card, most banks prefer a credit score of 720 or above for credit card approvals.
- Citizenship: You must be an Indian resident.
- Documentation: You'll need to provide standard KYC documents such as proof of identity, address proof (Passport, Driving license, Voter ID Card, Aadhaar card, PAN card) and income proof .
Unless there are case variations, the required documents for Airtel Axis Bank Credit Card application include a copy of your PAN card or Form 60, residence proof, identity proof, a colour photograph and proof of income in the form of latest payslip / Form 16 / IT return copy.
Airtel Axis Bank Credit Card fees and charges
The Airtel Axis Bank Credit Card comes with various fees and charges that cardholders should be aware of. Here's a breakdown of the key costs associated with this card.
| Fee/Charge Type | Amount |
|---|---|
| Joining Fee | Rs. 500 + GST |
| Annual Fee | Rs. 500 + GST |
| Interest Rate | 3.50% per month (42% per annum) |
| Cash Advance Fee | 2.5% of the amount withdrawn (minimum Rs. 500) |
| Late Payment Fee | Rs. 100 for balance up to Rs. 500Rs. 600 for balance between Rs. 500.01 to Rs. 10,000Rs. 800 for balance above Rs. 10,000 |
| Over Limit Fee | 2.5% of the over-limit amount (minimum Rs. 500) |
| Card Replacement Fee | Rs. 200 |
The joining fee and annual fee are typically charged upon card activation and at the beginning of each subsequent year. However, the annual fee can be waived if the cardholder meets a specified spending threshold within the card anniversary year.
It's important to note that the interest rate of 3.50% per month (42% per annum) is applied on all transactions if the total amount due is not paid by the due date. This rate is relatively high compared to some other credit cards in the market, emphasizing the importance of paying the full balance each month to avoid interest charges.
The cash advance fee is applicable when withdrawing cash using the credit card at ATMs. This fee is in addition to the interest charges that begin accruing immediately on cash advances.
Late payment fees are tiered based on the outstanding balance, encouraging timely payments. Similarly, the over-limit fee discourages exceeding the credit limit.
For international transactions, a currency conversion fee may apply, typically around 3.5% of the transaction amount. However, this card is primarily designed for use within India, focusing on Airtel products and services.
Cardholders should also be aware that GST (Goods and Services Tax) is applicable on all fees and charges as per government regulations.
Understanding these fees and charges is crucial for effective management of the Airtel Axis Bank Credit Card and to maximize its benefits while minimizing costs.
Airtel Axis Bank Credit Card Application Process Guide
To apply for the Airtel Axis Bank Credit Card, follow these steps
- Visit the official Axis Bank website or Airtel Thanks app and navigate to the Airtel Axis Bank Credit Card section.
- Click on the "Apply Now" button to start the application process.
- Fill out the online application form with your personal details, employment information, and income details.
- Upload the required documents, which typically include proof of identity, address proof, income proof, and a recent photograph.
- Review your application for accuracy and submit it.
- The bank will process your application and may contact you for additional information or verification.
- If approved, you'll receive your card within 7-10 business days at the address provided.
Alternatively, existing Airtel customers may receive pre-approved offers through the Airtel Thanks app, simplifying the application process. Remember to check your eligibility before applying, as meeting the basic criteria increases your chances of approval.
Final Verdict
The Airtel Axis Bank Credit Card offers a compelling package of benefits, particularly for Airtel customers and frequent online shoppers. With its generous cashback structure, including 25% on Airtel services, 10% on utility bills and popular food delivery platforms, and 1% on all other spends, the card provides significant savings potential.
The additional perks of complimentary airport lounge access, fuel surcharge waivers, and dining discounts through the EazyDiner partnership further enhance its value proposition. While the card does come with an annual fee, it can be waived with sufficient spending, making it an attractive option for those who can maximize its benefits.
Overall, this credit card presents a strategic advantage for Airtel users looking to optimize their spending and enjoy lifestyle perks, though potential applicants should carefully consider their spending habits and needs to ensure it aligns with their financial goals
Airtel Axis Bank Credit Card Review
- Utility Bill Payments5.0
- Food & Grocery 5.0
- Features Satisfaction5.0
- Online Shopping3.0
- Recommend to a Friend/Colleague5.0
