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- May 19, 2024
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Did you know you can get a 13% return on spends with your Airtel Axis Bank credit card? And the best part is - you can get this return even if you pay the annual fee for not reaching annual fee waiver spends. Here is how it works:
- Maximize cashback on utility spends: Spend ₹2500 to get ₹250 cashback in a statement cycle
- Maximize cashback on Airtel spends: Spend ₹1000 to get ₹250 cashback in a statement cycle
- Total cashback in a statement cycle comes to ₹500
- Annual cashback: ₹6000
- Pay the annual fee of ₹590 (incl. GST) and the effective cashback is ₹5410
- Total annual spends on utility and Airtel spends comes to ₹42,000
- Net Return on Spends: ₹5410/₹42000 comes to an amazing 13%