Home/Personal Finance/Airtel Axis Credit Card Devaluation from 20th Dec 2024? (Explained)
Last updated over 1 year ago By Vrushali.S

Airtel Axis Credit Card Devaluation from 20th Dec 2024? (Explained)

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Airtel Axis Credit Card devaluation is here! Effective from 20th December, 2024, Airtel Axis Cardholders will get to see some key changes. But the major change that makes the Airtel Axis Credit Card devalued is the revision in cashback earned. As per the official document from Axis, Airtel Axis Credit Cards will not fetch cashback for new or inactive connections on hardware cost, installation charges, advance recharge or bill payment amount or any other amount. This statement has left many cardholders confused. Let’s discuss this upcoming Airtel Axis Card devaluation in more details below.

Airtel Axis Credit Card Devaluation from 20th Dec 2024? (Explained)


We recently shared news of the Flipkart Axis Credit Card Devaluation effective from 20th Dec, 2024 and right after it, it seems there’s another major bad news for Axis credit card cardholders.

.

Airtel Axis Credit Card Devaluation effective from 20th December, 2024 Explained

There are several changes in the Airtel Axis Credit Card fees, interest rate and more. But before anything else, let us address the elephant in the room i.e. Airtel Axis Credit Card devaluation of cashback from 20th Dec, 2024.

.

Airtel Axis Credit Card 25% Cashback* will not be applicable for new & inactive connections on the following payments from 20th Dec, 2024

Okay, this one is a little complicated to understand at first. So let’s start from the basics. Axis Bank in their official revision document for Airtel Axis card have mentioned the following:

“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, bill payment amount, or any other amount) made for new or inactive connections will not be eligible for the cashback.” - Airtel Axis Card 


What does this mean?
  • Existing Airtel Mobile, Broadband, WiFi and DTH bill payments will continue to earn 25% cashback up to ₹250 per month via Airtel Thanks App

  • New or inactive connections (made active after 20th December, 2024) will not earn 25% cashback on the payments mentioned below.

  • Payments excluded from 25% cashback for new & inactive Airtel connections include hardware costs (routers & modems), installation fee, advance recharge, bill payment amount or any other amount from 20th December.

.

Now, many cardholders after reading about this Airtel Axis Credit Card devaluation news have concerns if the Airtel Axis Card has stopped giving 25% cashback on recharges or bill payments for new Airtel users?

It’s a bit of a tricky point to understand and several cardholders have different theories on what this point means.

Here's what we think this could mean:

  • Existing users can continue to enjoy 25% cashback on recharge or bill payments for active Airtel connections through the Airtel Thanks platform
  • New or inactive connections will not earn any cashback on payments for hardware cost, installation charges, advance recharge, bill payment amount, or any other amount.
  • New, inactive, active connections all will still continue to earn 25% cashback on mobile recharges & monthly recharges such as DTH, Broadband, etc (except for the exclusions mentioned above)
  • Most if not all of these excluded payments used to earn cashback until now/previous to the devaluation


Author’s note:
Please note that the above mentioned is what I think the best that the new term means and I may be wrong in comprehending. Please do share your valuable opinions in the comments section below so that we can get some more insights on this point from the Airtel Axis Card Devaluation document.

Airtel Axis Card benefits


Airtel Axis Credit Card Fees & Charges Updates & Changes from 20th Dec, 2024

Airtel Axis Credit Card Fees & Charges Updates & Changes from 20th Dec, 2024

Category

Current Charges

Revised Charges from 20th Dec, 2024

Finance/Interest Charges

3.6% per month

3.75% per month

Cheque Return/Dishonour Fee or Auto Debit Reversal

Rs. 450 (minimum), capped at Rs. 1,500

Rs. 500 (minimum), no maximum cap

Cash Payment Fee

Rs. 100

Rs. 175

Late Payment Charges (LPC)

Rs. 500 (due Rs. 501–5,000)

Rs. 750 (due Rs. 5,001–10,000)

Rs. 1,200 (due > Rs. 10,000)

Same as current structure

Additional Charge for Non-payment of MAD

Not applicable

Rs. 100 per cycle if MAD is unpaid for two consecutive cycles (continues until MAD is cleared)

Dynamic Currency Conversion (DCC) Fee

1%

1.5%

Rent Surcharge

1% (capped at Rs. 1,500 per transaction)

1% (no maximum cap)

Airtel Axis Card Surcharge as of November 2024



So this was all about Airtel Axis Credit Card updates & changes from 20th December.

Vrushali is a senior content & copywriter with 4+ years of exp in writing, researching & ideating content pieces. She writes articles across finance, tech, lifestyle, telecom, online shopping & travel. When not working, you'd find her scribbling designs.
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Finance Ninja
over 1 year

Applied Card and approved bcz already having 2 axis cards. 

...

Now anyone can tell how to get cashback for installation??

They are giving 6 months plan in 3k, so i will get 250 cashback??

Deal Major
over 1 year

I have been trying to pay airtel prepaid and postpaid from the Airtel app for the last 10 days but it is not showing a 25% cashback offer.

For other bills, it is showing 10% offer but not for airtel recharge/bills

Finance Ninja
over 1 year
Why the unnecessary confusion? The cashback is only being stopped for payments that were made for installation and such for new and inactive fiber dth and other connections. No functionality of the card is being affected as long you just recharge/pay your bills on airtel app for ANY connection.
Deal Major
over 1 year
If I pay an advance bill for my airtel postpaid, (active since 1 yr), hope I will get cashback.
Review Expert
over 1 year
It will not fetch any cashback after 20th I guess (better to get that done now). 
Finance Ninja
over 1 year

if i got Axis card and apply for new connection will i eligible for

1.  cashback for new connection installation charges

2. cashback for upcoming  bills  

Review Expert
over 1 year
1. Nope
2. Yes, Mobile, Broadband, WiFi and DTH bill payments will continue to earn 25% cashback up to ₹250 per month via Airtel Thanks App
Deal Cadet
over 1 year

Mark my words they will continue devaluation and Axis+chortel will stoop down to unimaginable lows 

Deal Newbie
over 1 year
credit card banani ha
Review Expert
over 1 year
Aapko kya help chahiye?
Translation: Please share how may I help you?
Deal Cadet
over 1 year
maybe a dumb question but can anyone confirm how the cashback works for my current set up? I have 4 prepaid airtel sims on which I'm getting ~250 cb each month and I've recently added wifi+dth (airtel black connection) which will be ~824 monthly, so if I pay my airtel black bill will this be a separate 250 cb on bill payments vs 250 that I already get on prepaid recharge?
Review Expert
over 1 year

Not a dumb question at all, dimer friend

As per their T&C, mobile recharges, DTH, Broadband, Wi-fi are all clubbed together for max 250 CB per month 

source: https://www.axisbank.com/docs/default-source/de...

Hope this helps out. Do feel free to ask any other question if you may have. 

image

Pro Entertainer
over 1 year

so no new connected or inactive connection after 20dec will give reward? will it show us in app as copon not showing or its just random bs by airtel 😞

Review Expert
over 1 year
new + inactive connections will continue to get 25% CB on normal monthly recharges. They have stopped the CB on the initial cost which includes installation charges, hardware costs say routers or modems, advance recharges, etc - exclusions mentioned above) 

I know the terms they have mentioned feels kinda vague. It took me a good amount of time to understand it myself. 
Pro Community Angel
over 1 year
It's the best CC for Airtel payments...every month saving approximate 500 with it...no matter it stops giving cb for any alternate user
Deal Newbie
over 1 year
How 500?
Community Angel
over 1 year

Still looks worthy.

Can't be regarded as devaluation at par.

🥂 For efforts.

Review Expert
over 1 year
Thank you @HasdaChehra appreciate your comment. Agree it may not be a major devaluation. 
Review Expert
over 1 year

Airtel Axis Credit Card devaluation is here! Effective from 20th December, 2024, Airtel Axis Cardholders will get to see some key changes. But the major change that makes the Airtel Axis Credit Card devalued is the revision in cashback earned. As per the official document from Axis, Airtel Axis Credit Cards will not fetch cashback for new or inactive connections on hardware cost, installation charges, advance recharge or bill payment amount or any other amount. This statement has left many cardholders confused. Let’s discuss this upcoming Airtel Axis Card devaluation in more details below.

Airtel Axis Credit Card Devaluation from 20th Dec 2024? (Explained)


We recently shared news of the Flipkart Axis Credit Card Devaluation effective from 20th Dec, 2024 and right after it, it seems there’s another major bad news for Axis credit card cardholders.

.

Airtel Axis Credit Card Devaluation effective from 20th December, 2024 Explained

There are several changes in the Airtel Axis Credit Card fees, interest rate and more. But before anything else, let us address the elephant in the room i.e. Airtel Axis Credit Card devaluation of cashback from 20th Dec, 2024.

.

Airtel Axis Credit Card 25% Cashback* will not be applicable for new & inactive connections on the following payments from 20th Dec, 2024

Okay, this one is a little complicated to understand at first. So let’s start from the basics. Axis Bank in their official revision document for Airtel Axis card have mentioned the following:

“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, bill payment amount, or any other amount) made for new or inactive connections will not be eligible for the cashback.” - Airtel Axis Card 


What does this mean?
  • Existing Airtel Mobile, Broadband, WiFi and DTH bill payments will continue to earn 25% cashback up to ₹250 per month via Airtel Thanks App

  • New or inactive connections (made active after 20th December, 2024) will not earn 25% cashback on the payments mentioned below.

  • Payments excluded from 25% cashback for new & inactive Airtel connections include hardware costs (routers & modems), installation fee, advance recharge, bill payment amount or any other amount from 20th December.

.

Now, many cardholders after reading about this Airtel Axis Credit Card devaluation news have concerns if the Airtel Axis Card has stopped giving 25% cashback on recharges or bill payments for new Airtel users?

It’s a bit of a tricky point to understand and several cardholders have different theories on what this point means.

Here's what we think this could mean:

  • Existing users can continue to enjoy 25% cashback on recharge or bill payments for active Airtel connections through the Airtel Thanks platform
  • New or inactive connections will not earn any cashback on payments for hardware cost, installation charges, advance recharge, bill payment amount, or any other amount.
  • New, inactive, active connections all will still continue to earn 25% cashback on mobile recharges & monthly recharges such as DTH, Broadband, etc (except for the exclusions mentioned above)
  • Most if not all of these excluded payments used to earn cashback until now/previous to the devaluation


Author’s note:
Please note that the above mentioned is what I think the best that the new term means and I may be wrong in comprehending. Please do share your valuable opinions in the comments section below so that we can get some more insights on this point from the Airtel Axis Card Devaluation document.

Airtel Axis Card benefits


Airtel Axis Credit Card Fees & Charges Updates & Changes from 20th Dec, 2024

Airtel Axis Credit Card Fees & Charges Updates & Changes from 20th Dec, 2024

Category

Current Charges

Revised Charges from 20th Dec, 2024

Finance/Interest Charges

3.6% per month

3.75% per month

Cheque Return/Dishonour Fee or Auto Debit Reversal

Rs. 450 (minimum), capped at Rs. 1,500

Rs. 500 (minimum), no maximum cap

Cash Payment Fee

Rs. 100

Rs. 175

Late Payment Charges (LPC)

Rs. 500 (due Rs. 501–5,000)

Rs. 750 (due Rs. 5,001–10,000)

Rs. 1,200 (due > Rs. 10,000)

Same as current structure

Additional Charge for Non-payment of MAD

Not applicable

Rs. 100 per cycle if MAD is unpaid for two consecutive cycles (continues until MAD is cleared)

Dynamic Currency Conversion (DCC) Fee

1%

1.5%

Rent Surcharge

1% (capped at Rs. 1,500 per transaction)

1% (no maximum cap)

Airtel Axis Card Surcharge as of November 2024



So this was all about Airtel Axis Credit Card updates & changes from 20th December.

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