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The Only Credit Card you need for Utility Payments: Airtel Axis Credit Card

 

Airtel Axis Credit Card

[FinTech Elevate Rating: 5/5]

  • Airtel Axis Credit Card is one of the best cards you can get your hands on if you are planning to save on your Utilitiy Payment
  • This becomes even more useful if you are an existing customer of Airtel.
  • Let's first have a look at this card:
The Only Credit Card you need for Utility Payments: Airtel Axis Credit Card
  • Let's now have a look at some top features of this card:
    • [A] Airtel Mobile, Broadband, WiFi and DTH bill payments via Airtel Thanks App ---  25% 
    • [B] Utility bill payments such as gas, electricity, etc., via Airtel Thanks App --- 10% 
    • [C] Preferred merchants App  ---- 10% (at present: Swiggy, Zomato, & bigbasket)
    • All other merchants/ other spends  --- 1%
    • Cappings on each of the above per month: [A]: Rs 250 [B]: 250 [C]: 500
  • Joining & Annual Renewal Fees:
    • Joining: 500 
    • Renewal: 500
  • Welcome Benefits:
    • Amazon eVoucher worth Rs. 500 
  • Illustrating most effective usage of this card:
    • Let's say you spend: Rs 1000 on Airtel (Broadband), Rs. 300 on Airtel Mobile Recharge, Rs. 500 on Zomato/Swiggy, Rs. 2000 on Bigbasket, Rs 2000 on electricity
    • You would end up saving:
    • [A] 1000*25% = 250
    • [B] (300+2000)*10% = 230
    • [C] (500+2000)*10% = 250
    • Total saving per month = 250+250+230=730 - per year = 12*730 = 8760
    • Saving % = 730/(2000+2000+500+300+1000)=12.5%!!
  • Imagine saving Rs. 8760 by paying mere Rs 500 per year. Cherry on top you get this not in terms of reward points but in terms of real cashback against your credit card bill.
  • If this card meets your requirements - go ahead and apply for it at Link





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