Telecom major Bharti Airtel and Axis Bank, the country’s third-biggest lender, on Monday launched a first-of-its-kind Airtel Axis Bank Credit Card with exclusive benefits. The new Credit Card was announced as part of a “strategic partnership to strengthen the growth of India’s digital ecosystem through a range of financial solutions”.
Offering a host of attractive benefits such as cashbacks, special discounts, digital vouchers and complimentary services, the card will be exclusively available for eligible Airtel customers through the Airtel mobile app.
Bharti Airtel MD and CEO (India and South Asia) Gopal Vittal said his company is building a formidable financial services portfolio as part of its endeavor to offer world-class digital services to its customers.
“Through this win-win telco-bank partnership, Airtel customers will get access to Axis Bank’s world-class financial services portfolio and exclusive benefits,” he added.
Axis Bank MD and CEO Amitabh Chaudhry also noted that the collaboration would help widen the access to credit and various digital financial offerings from Axis Bank to Airtel’s 340 million customers.
“We will leverage Airtel’s widespread reach and services ranging from mobility and DTH to utility bill payments offering our customers the opportunity to maximize value, while also aiding the digital economy exponentially,” he further said.
Airtel Axis Bank Credit Card benefits
-25 per cent cashback on Airtel Mobile/DTH recharges, Airtel Black and Airtel Xstream Fiber payments
-10 per cent cashback on Electricity/Gas/Water bill payments via Airtel Thanks app
-10 per cent cashback on spends with preferred merchants – BigBasket, Swiggy, Zomato
-1 per cent cashback on all other spends
-Amazon e-Voucher Rs 500 on card activation within 30 days of issuance