Airtel Axis Bank Credit Card

Card Details

The Axis Bank Airtel Credit Card is a co-branded card designed for Airtel users in India, offering substantial cashback on Airtel services, utility bill payments, and select partner merchants. It’s aimed at maximizing savings for those within the Airtel ecosystem or with significant utility bill expenses.

Reward Details

Airtel Services: 25% cashback on Airtel mobile, broadband, Wi-Fi, and DTH recharges or bill payments via the Airtel Thanks app, capped at ₹250 per month.

Utility Bills: 10% cashback on utility bill payments like electricity, gas, etc., through the Airtel Thanks app, also capped at ₹250 per month.

Partner Merchants: 10% cashback on spends at partners like Swiggy, Zomato, and BigBasket, with a cap of ₹500 per month.

Milestone Details

Fee waived if you spend ₹2 lakh annually.

Reward Redemptions

Cashback Redemption: The cashback earned is automatically credited to your credit card account as a statement credit, making it very user-friendly. No need for manual redemption or worrying about point expiry.

Pros

High Cashback on Airtel Services: Particularly advantageous for those with multiple Airtel services or high utility bills.

Utility Bill Payments: The 10% cashback on utilities is a significant draw for many.

Annual Fee Waiver: Easily achievable for regular users, making the card effectively lifetime free for some.

Cons

Cashback Caps: The monthly limits can restrict the total savings for high spenders in each category.

Limited Rewards on General Spends: The 1% cashback on other transactions is not the highest in the market.

Airtel Dependency: Most of the benefits are tied to Airtel services and payments, which might not appeal to non-Airtel customers.

Why We Like It

If you’re heavily reliant on Airtel services for mobile, broadband, or DTH, this card can offer significant savings. Utility Bill Payments: If you have high utility bills, the 10% cashback can be very beneficial, but remember the monthly cap.

Application Process

Application Process:

Online Application:

• Airtel Thanks App:

Download and Open: If you’re an Airtel user, you can apply directly through the Airtel Thanks app.

Find the Card: Look for the Axis Bank Airtel Credit Card offer or banner on the home screen. Apply: Click on ‘Apply Now’ or similar.

You might need to provide: Your Airtel number for identity verification. Basic personal information.

• Axis Bank Website: Visit: Navigate to the Axis Bank website, go to the credit card section, and find the Airtel Credit Card. Apply: Click ‘Apply Now’. Form Filling: Fill out the application form with: Personal Details (Name, DOB, Address) Employment Information (Company, Salary) Financial Information (Income, Liabilities) KYC Verification: Digital KYC: You might need to: Upload identity proof (Aadhaar, PAN, etc.) Address proof Income proof (salary slips, bank statements, ITR for self-employed) Video KYC: Sometimes, a video KYC is required where you’ll verify your identity through a video call. Digital Submission: Submit all required information and documents online. Application Review: Axis Bank reviews your application, which can take a few days to a couple of weeks, depending on verification processes. Approval and Card Issuance: Upon approval, you’ll receive notification. You might get a digital card for immediate use, with the physical card dispatched shortly after. Offline Application: Visit an Axis Bank Branch: Bring all necessary documents (identity, address, income proof). Fill out the physical application form at the branch. Submit documents for KYC verification in person. Application Review: The process might be expedited if you’re already an Axis Bank customer or if all documents are in order. Additional Tips: Existing Airtel Users: If you’re already with Airtel, applying through the Airtel Thanks app can streamline the process, potentially offering instant eligibility checks or approvals. Monitor Application: Keep track of your email or registered mobile number for updates from Axis Bank. Customer Service: For any queries or issues during the application, you can contact Axis Bank’s customer service. Always check the latest details on Axis Bank or Airtel’s official sites for the most current eligibility criteria and application procedures, as these can change.

Card Eligibility

• Age: Applicants should be between 18 to 70 years old.
• Income:

Salaried Individuals: A minimum monthly income of around ₹25,000 is generally required.

Self-Employed: An annual income of approximately ₹6 lakh might be necessary. Residency: Must be an Indian resident.

• Airtel Services: Although not strictly an eligibility criterion, having an Airtel mobile number is beneficial since much of the card’s benefits are tied to Airtel services.
• Credit Score: A good credit score, typically above 700, would improve approval chances.

Conclusion

The Axis Bank Airtel Credit Card is best suited for individuals who are heavily invested in Airtel services and have significant utility bills. It’s a valuable option for maximizing savings on these spends but might not be as beneficial for those outside the Airtel ecosystem or looking for broader reward categories. If you can align your spending to match the card’s benefits, particularly in the capped categories, it can offer substantial value.