Bharti Airtel on Monday signed a strategic partnership with Axis Bank to launch a co-branded savings card that might also furnish a wide variety of benefits for the telecom firm’s 340 million clients.
The Airtel-Axis Bank savings card will supply benefits similar to cashback, unique reductions, digital vouchers and complimentary groups to the teleco’s customers.
Airtel-Axis Bank savings card clients will get rewards on their card spends comparable to 25% cashback on Airtel cellular/DTH recharges, Airtel Black and Airtel Xstream Fiber funds, 10% cashback on electrical energy/fuel/water invoice cash with the aid of way of Airtel Thanks app, 10% cashback on spends with most well-known retailers – BigBasket, Swiggy, Zomato, 1% cashback on all extraordinary spends and Amazon e-Voucher of ₹500 on card activation inside 30 days of issuance.
To pace up adoption of digital funds over the drawing near months, Axis Bank and Airtel are additionally trying to lift to market a range of contemporary financial options and digital companies.
Besides the co-branded credit card, the picks will embody pre-approved on the spot loans, Buy Now Pay Later picks and a lot of extra.“Through this win-win telco-bank partnership, Airtel purchasers will get entry to Axis Bank’s world-class financial companies portfolio and special advantages, whereas Axis Bank will profit from Airtel’s sturdy digital abilities and deep distribution attain,” cited Gopal Vittal, MD.
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