Are you looking for a credit card that offers you rewards, cashback, and discounts on your Airtel bills and online shopping? If yes, then you might want to consider the Airtel Axis RuPay Bank Credit Card, a co-branded card that is designed to cater to the needs of Airtel customers and online shoppers. In this blog post, we will review the features and benefits of this card, as well as its pros and cons, fees and charges, special features, application process, and a conclusion.
Airtel Axis Bank RuPay Credit Card:
Joining and Annual Fees: INR 500
Interest Rate: 3.6% per month (52.86% per annum)
Welcome Benefit: Amazon eVoucher worth Rs.500 on first transaction made within first 30 days of card issuance.
Special Feature: 25% cashback on Airtel Mobile, Broadband, WiFi, and DTH bill payment (Capped at INR 300 per month).
Features and Benefits:
The Airtel Axis Bank RuPay Credit Card offers you the following features and benefits:
25% cashback on Airtel prepaid and postpaid bills, broadband and DTH recharges, and Airtel Thanks app purchases. (Maximum Rs. 250).
10% cashback on utility bill payments such as gas and electricity. (Maximum Rs. 250).
10% cashback on Swiggy, Zomato, and BigBasket. (Maximum Rs. 500).
1% cashback on all other spends, including UPI spends.
Cashback is credited to your Airtel wallet or savings account every month.
Free Airtel Xstream Premium subscription for one year.
Complimentary lounge access at select airports in India.
Fuel surcharge waiver up to Rs. 500 per month.
Zero lost card liability and purchase protection.
Pros and Cons
The Airtel Axis Bank RuPay Credit Card has the following pros and cons:
Pros:
High cashback rate on Airtel and online shopping expenses.
Free entertainment and education benefits.
Low annual fee of Rs. 500 (waived off if annual spends exceed Rs. 2 lakh).
Easy application process through the Airtel Thanks app.
Cons:
Low cashback rate on other purchases.
Cashback can only be redeemed through the Airtel wallet or savings account.
Limited lounge access benefits.
Fees and Charges
The Airtel Axis Bank RuPay Credit Card has the following fees and charges:
Joining fee: This is a one-time fee that you have to pay when you get the card. The joining fee for the Airtel Axis Bank RuPay Credit Card is Rs. 500, which is waived if you spend Rs. 5,000 or more within the first 45 days of card issuance.
Annual fee: This is a recurring fee that you have to pay every year to renew your card membership. The annual fee for the Airtel Axis Bank RuPay Credit Card is Rs. 500, which is waived if you spend Rs. 2 lakh or more in the previous year.
Interest rate: This is the interest rate charged on your outstanding balance if you do not pay the full amount by the due date. The interest rate for the Airtel Axis Bank RuPay Credit Card is 3.6% per month (52.86% per annum), which is higher than other cards in the market.
Cash advance fee: This is the fee that is charged when you withdraw cash from an ATM using your credit card. The cash advance fee for the Airtel Axis Bank RuPay Credit Card is 2.5% of the amount withdrawn or Rs. 500, whichever is higher.
Late payment fee: This is the fee that is charged when you do not pay at least the minimum amount due by the due date. The late payment fee for the Airtel Axis Bank RuPay Credit Card ranges from Rs. 100 to Rs. 700, depending on your outstanding balance.
Over-limit fee: This is the fee that is charged when you exceed your credit limit. The over-limit fee for the Airtel Axis Bank RuPay Credit Card is 3% of the over-limit amount or Rs. 500, whichever is higher.
Foreign currency transaction fee: This is the fee that is charged when you make a transaction in a foreign currency using your credit card. The foreign currency transaction fee for the Airtel Axis Bank RuPay Credit Card is 3.5% of the transaction amount.
Application Process:
To apply for the Airtel Axis Bank RuPay Credit Card, you need to follow these steps:
Download the Airtel Thanks app from the Google Play Store or the Apple App Store.
Log in with your Airtel number and verify it with an OTP.
Tap on the "Bank" icon at the bottom of the screen and select "Airtel Axis Bank Credit RuPay Card".
Fill in your personal details, such as name, date of birth, PAN number, address, email ID, etc.
Accept the terms and conditions and submit your application.
You will receive an instant approval or rejection message on your screen.
If approved, you will receive your card within 7 working days.
Conclusion:
The Airtel Axis Bank Credit Card is a good choice for Airtel users and people who shop online, as it gives high cashback on certain purchases. It also comes with free entertainment and educational perks. However, it offers low cashback on other spends, has limited ways to use the cashback, and charges high interest and fees for foreign transactions. So, it's important to think about its advantages and disadvantages before getting this card.
If you want to read a more detailed review of this card and find out its AI-powered unbiased rating, click here.
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