India's Airtel Teams Up With Axis Bank To Launch Co-Branded Credit Card

Airtel – India’s largest telecom service provider for customers & business – has teamed up with Axis Bank, the nation’s third-largest private sector bank, to launch what they term the “first-of-its-kind” Credit Card with exclusive benefits.

The Airtel Axis Bank Credit Card benefits include pre-approved instant loans, Buy Now Pay Later offerings and many more.

The alliance, with its significant reach across the country will help penetrate tier 2 and tier 3 markets by enabling higher adoption of digitized payments.

Airtel Axis Bank Credit Card users will enjoy exciting rewards* on their card spends –

25% cashback on Airtel Mobile/DTH recharges, Airtel Black and Airtel Xstream Fiber payments
10% cashback on Electricity/Gas/Water bill payments via Airtel Thanks app
10% cashback on spends with preferred merchants – BigBasket, Swiggy, Zomato
1% cashback on all other spends
Amazon e-Voucher INR 500 on card activation within 30 days of issuance

This credit card will be exclusively available for eligible Airtel customers through a seamless digital journey on the Airtel Thanks app.

“Airtel is building a formidable financial services portfolio as part of its endeavor to offer world-class digital services to its customers,” 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.”

The partnership was kicked-off today.

“At Axis Bank, we are constantly striving to enhance value for our stakeholders. 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,” Amitabh Chaudhry, MD&CEO, Axis Bank said.

“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.”