Like other major card issuers, like HDFC Bank, American Express, etc, Axis Bank also keeps coming up with a spend-based offer for its credit cardholders. Axis Bank has launched various exciting spends based cashback & rewards offers for its credit card customers. The last spend-based offer was launched in September 2021, and now, an exclusive offer has again been launched. These Axis Bank credit cards spends based offers are applicable only for select cardmembers who have been intimated by the bank about the same and are valid from July 11, 2022, to August 11, 2022. It is a user-specific offer and hence is different for different cardholders. Under the offer, the Axis Bank Credit Cardholders can get a free gift voucher on achieving a particular spend during the offer period.
The minimum spend threshold and the monetary value of gift vouchers may vary for cardholders depending upon various factors, including their spending behaviour, payment behaviour, etc. The eligible cardholders, on achieving the required spend, can choose a gift voucher from any of the popular brands that are mentioned further in the article. For more detailed information about this offer, keep reading:
July-August 2022 Update: Axis Bank Credit Card Spend-Based Offer
If you have an Axis Bank Credit Card, you might have received an email from your card issuer regarding a spend-based offer that says unlock a gift voucher worth Rs. abcd, where ‘abcd’ can be any amount. The offer is valid from July 11, 2022, to August 11, 2022. Therefore, all the spends made during this offer period will be considered for the calculation of total spends. Suppose the cardholders achieve the minimum threshold amount that has been communicated to them via email. In that case, they will be eligible for a gift voucher from any of the four popular brands, including MakeMyTrip, Flipkart, BigBasket, and Pantaloons.
The email regarding this offer will look something like this:
“More the spends, greater are the rewards!
Spend a minimum of Rs. abcd from 11th July to 11th Aug’22 with your Axis Bank Credit Card XXXX and earn a gift voucher worth Rs. xyz“
Here, ‘abcd’ denotes the minimum threshold amount that the cardholder needs to spend in order to get the free gift voucher, ‘XXXX’ denotes the last four digits of your Axis Bank Credit Card, and ‘xyz’ represents the monetary value of gift voucher you can earn.
How To Select The Voucher Of Your Choice?
If you achieve the minimum required spend, you would become eligible to get a gift voucher as communicated to you via email. After this, you will receive a unique code on your registered mobile number and this code can be used to choose the brand for which you want to get the free gift voucher. You are free to choose any of the four brands that are mentioned above.
Offer Terms and Conditions
Following are the terms and conditions that are required to be fulfilled by the cardholders for availing of the offer:
- The offer is only applicable to a few cardholders who had already received a mail from the bank.
- The offer is valid from July 11, 2022, to August 11, 2022, i.e, all the spends that are made in this period would be considered to calculate the total spend threshold.
- Cash withdrawals and finance charges will not be considered in the total spends.
- The voucher code will be sent to the eligible cardholders within ninety days after the offer ends.
- The offer cannot be transferred, encashed or negotiated.
- Invalid, incomplete, rejected, or returned transactions will not be considered for the calculation of the spend threshold.
- The cardholder cannot club the offer with any other existing offer.
- The Axis Bank holds the right to cancel, change or modify the offer anytime without giving any prior notice.
For detailed terms and conditions, you can check this page.
September Update: Axis Bank Launches 4 New Offers:
Axis Bank has launched 4 new offers for its credit cardholders in September. All four offers are valid from 1st September 2021 to 30th September 2021. Same terms and conditions, as applicable for the August offers, are applicable for these four offers as well.
- Offer 1: Under this offer, you get a cashback of Rs. 500 on spending a minimum of Rs. 1,000 with your Axis Bank MasterCard credit card before the offer end date.
- Offer 2: This offer entitles you to a Flipkart voucher worth Rs. 500 on a minimum expenditure of Rs. 5,000 with your Axis Bank credit card during the offer period.
- Offer 3: With this offer, you get a Flipkart Voucher worth Rs. 500 on spending a minimum of Rs. 1,000 with your Axis Bank credit card before the offer end date.
- Offer 4: Under this offer, you get a Flipkart Voucher worth Rs. 500 on a minimum expenditure of Rs. 1,000 with your Axis Bank MasterCard credit card before the offer end date.
What are the various Axis Bank Credit Cards Spends Based Offers:
Update: Axis Bank has revamped the offers in September. See the September update at the top for details.
Axis Bank has launched various cashback and rewards offers for their credit card customers. These offers earn you cashback (first two offers) or a Zomato Pro membership and/or gift vouchers from popular brands like Flipkart, Myntra and Ajio (offer 3 to offer 9). The details of these offers are as under:
- Offer 1: Under this offer, you earn a cashback of Rs. 500 on spending a minimum of Rs. 5,000 with your eligible Axis Bank credit card during the offer period (reward rate of 10%).
- Offer 2: This offer is even more rewarding as you get a reward rate of 50% with a cashback of Rs. 500 on the minimum expenditure of Rs. 1,000 using your Axis Bank credit card.
- Offer 3: Under this offer, you get 3 month Zomato Pro membership and 10 vouchers from Myntra and Ajio on making at least one online transaction of a minimum of Rs. 250 with your eligible Axis Bank credit card.
- Offer 4: With this offer, you get a Flipkart voucher worth Rs. 500 on spending a minimum of Rs. 5,000 with your eligible Axis Bank credit card.
- Offer 5: You get Myntra vouchers worth Rs. 500 on minimum spends of Rs. 5,000 within the offer period through your Axis Bank credit card.
- Offer 6: You are entitled to a 3 month Zomato Pro membership on spends of at least Rs. 5,000 with your Axis Bank credit card till the offer end date.
- Offer 7: You get a Flipkart voucher worth Rs. 500 on spending Rs. 1,000 till the offer end date using your eligible Axis Bank credit card.
- Offer 8: You can avail a Myntra voucher worth Rs. 500 on spending at least Rs. 1,000 till the offer end date with your eligible credit card.
- Offer 9: You’re entitled to a 3 month Zomato Pro membership on spending a minimum of Rs. 1,000 on your eligible Axis Bank credit card till the offer end date.
Axis Bank Credit Cards Spends Based Offers Terms and Conditions:
All these Axis Bank spends based offers come with similar terms and conditions listed as under-
- The offers are applicable only for select cardmembers who have received a formal intimation from the bank regarding the same. The eligibility of a card for an offer is at the sole discretion of the bank.
- The participation of a cardholder in any of these Offers is entirely voluntary.
- All these Axis Bank spends based offers are valid till
31st August 2021(30th September 2021).
- The cashback/vouchers earned are processed by the bank within 90 days post the offer end date (i.e. 31st August 2021).
- The vouchers earned under any of these offers shall be valid for six months from the offer end date.
- In case a cardmember is eligible for more than one offer simultaneously, no two offers can be combined. However, the bank may consider exceptions at its own discretion.
All these cashback/rewards offers by Axis Bank are very rewarding considering that in some offers you are getting a reward rate of up to 50%; also the minimum expenditure required to avail of the offers is very nominal. If you have received a communication from Axis Bank regarding any of these offers, we don’t think there can be any reason to not register for the same, after all, who doesn’t like cashbacks! As the festive season is approaching, we expect more of such offers from the bank.