Bharti Airtel and Axis Bank announced the launch of Airtel Axis Bank Credit Card as part of a strategic partnership to strengthen the growth of India's digital ecosystem through a range of financial solutions.
Airtel and Axis Bank will bring a range of innovative financial offerings and digital services exclusively for Airtel's 340 million plus customers, in a bid to accelerate adoption of digital payments in the country over the coming months. This credit card will be exclusively available for eligible Airtel customers through a digital journey on the Airtel Thanks app.
It will include a co-branded credit card with industry leading benefits, pre-approved instant loans, 'Buy Now Pay Later' offerings and many more. The Airtel Axis Bank Credit Card will offer a host of benefits such as cashbacks, special discounts, digital vouchers and complimentary services to Airtel customers.
Commenting on this partnership, Amitabh Chaudhry, MD&CEO, Axis Bank said, “This one of its kind collaboration will help widen the access to credit and various digital financial offerings from Axis Bank for Airtel’s 340 million customers. On the other hand, 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.”
The credit card users will enjoy exciting rewards like 25 per cent cashback on Airtel Mobile/DTH recharges, Airtel Black and Airtel Xstream Fiber payments, 10 percent cashback on electricity/gas/water bill payments via Airtel Thanks app, 10 percent cashback on spends with preferred merchants - BigBasket, Swiggy, Zomato, 1 percent cashback on all other spends and Amazon e-voucher of Rs 500 on card activation within 30 days of issuance.
Gopal Vittal, MD & CEO (India and South Asia), Bharti Airtel said, “We are delighted to join forces with Axis Bank in this exciting journey. Through this win-win telco-bank partnership, Airtel customers will get access to Axis Bank’s world-class financial services portfolio and exclusive benefits, while Axis Bank will benefit from Airtel’s strong digital capabilities and deep distribution reach.”
