Axis Airtel CC updates ??
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What does it means
Effective 20th December 2024
1. Interest charges will be revised to 3.75% per month.
arrow The auto debit reversal or cheque return fee will be 2% of the payment amount, with a minimum fee of INR 500 and no maximum cap on the fee.
2. The fee for cash payments at branches will be revised to INR 175.
3. The current late payment fee structure continues to apply. An additional INR 100 charge will be levied if the 'Minimum Amount Due (MAD)' is not paid for two consecutive cycles and will apply until the MAD is cleared.
arrow Dynamic Currency Conversion (DCC) markup will be revised to 1.5%.
4. Rent transactions will incur a 1% transaction fee with the cap of INR 1,500 removed.
5. A transaction fee of 1% will be applicable on education payments made via third-party apps. However, payments and transactions made directly through education institutional websites or their POS machines will not incur this fees.
6. Cumulative spends exceeding INR 10,000 on wallet loads, INR 50,000 on fuel, INR 25,000 on utilities, and INR 10,000 on online skill-based gaming platforms within a statement period will attract a 1% transaction fee.
7. You can continue to enjoy 25% cashback* on recharge or bill payments for active Airtel connections through the Airtel Thanks platform. However, payments (for hardware cost, installation charges, advance recharge or bill payment amount or any other amount) made for new or inactive connections will not be eligible for the cashback.
Effective 20th December 2024
1. Interest charges will be revised to 3.75% per month.
arrow The auto debit reversal or cheque return fee will be 2% of the payment amount, with a minimum fee of INR 500 and no maximum cap on the fee.
2. The fee for cash payments at branches will be revised to INR 175.
3. The current late payment fee structure continues to apply. An additional INR 100 charge will be levied if the 'Minimum Amount Due (MAD)' is not paid for two consecutive cycles and will apply until the MAD is cleared.
arrow Dynamic Currency Conversion (DCC) markup will be revised to 1.5%.
4. Rent transactions will incur a 1% transaction fee with the cap of INR 1,500 removed.
5. A transaction fee of 1% will be applicable on education payments made via third-party apps. However, payments and transactions made directly through education institutional websites or their POS machines will not incur this fees.
6. Cumulative spends exceeding INR 10,000 on wallet loads, INR 50,000 on fuel, INR 25,000 on utilities, and INR 10,000 on online skill-based gaming platforms within a statement period will attract a 1% transaction fee.
7. You can continue to enjoy 25% cashback* on recharge or bill payments for active Airtel connections through the Airtel Thanks platform. However, payments (for hardware cost, installation charges, advance recharge or bill payment amount or any other amount) made for new or inactive connections will not be eligible for the cashback.
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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https://www.desidime.com/comments/permalink/10508757
No. 1% transaction fee not applicable
https://www.desidime.com/comments/permalink/10508245
I hope they don't deny cashback by taking advantage of last point
https://www.desidime.com/comments/permalink/10508256
What is an inactive customer, if my recharge expired and I did recharge after a week, was I an inactive customer??
https://www.desidime.com/comments/permalink/10508363
Last point not clear.
https://www.desidime.com/comments/permalink/10508462
Can someone pls clarify point no 7
https://www.desidime.com/comments/permalink/10508600
7 is about advance recharge/bill payment/other amount
https://www.desidime.com/comments/permalink/10508707
So now as per terms will not get cash back if do recharge in 1 day advance before current valid end ?
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https://www.desidime.com/comments/permalink/10508656
airtel thanks payment only 250 rs as cashback? they reduced this amount or its already with 250 rs only
https://www.desidime.com/comments/permalink/10511632
New Airtel connections after 20th Dec won't get 25% cashback on Airtel thanks app?
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does this means axis airtel will give cashback on education fees (realones)