Axis Bank has partnered with gift card reseller, Qwikcilver to offer instant vouchers from some of the leading brands on its Grab Deals portal and Qwikcilver’s Woohoo website. Axis Bank credit cardholders can avail of a discount of over 50% on select instant brand vouchers on Grab Deals and Woohoo website. If you purchase the vouchers via the Grab Deals portal, you can earn 10% cashback over and above the applicable discount on the shopping vouchers.

cashback discounts on instant vouchers axis credit card

Available Brands and Discounts:

From apparel and accessories to travel and dining, Axis Bank and Qwikcliver are offering instant vouchers from top brands from all shopping categories. The following table summarises the discounts that you get on instant vouchers from some of the popular brands in the various shopping categories-

Category Brand Discount
Shopping (Generic) Amazon Gift Card 1%
Flipkart Gift Card 2%
Paytm First Gift Voucher 6.50%
Big Bazaar 5%
Fashion Myntra E-Gift Card 8%
Lifestyle E-Gift Card 6%
Pantaloons E-Gift Card 8%
Peter England E-Gift Card 8.5%
Levis E-Gift Card 8.5%
Allen Solly E- Gift Card 8.5%
Shoppers Stop E-Gift Card 9.5%
Pharmacy Apollo Healing Gift Card 10%
Dining McDonald’s Value Club Card (Rs. 2,000) 14%
McDonald’s Value Club Card (Rs. 1,500) 11.5%
Pizza Hut E-Gift Voucher 6.5%
KFC E-Gift Voucher 6.5%
Grocery Big Basket 4.5%
Travel MakeMyTrip Holiday E-Gift Card 7.5%
Cleartrip E-Gift Card 2.5%
Entertainment Zee5 E-Gift Card (Rs. 999/12 months) 51.5%
BookMyShow Instant Voucher 6.5%
Sony Liv E-Gift Voucher 25%

You also earn a flat 10% cashback if you proceed via the Axis Bank Grab Deals portal by entering your registered mobile number and the last 4 digits of your Axis Bank credit card.

How to purchase and redeem the vouchers:

To purchase instant vouchers-

  • Visit the Instant Voucher section on the Axis Bank Grab Deals portal and proceed further by entering the last 4 digits of your Axis Bank Credit Card and your registered mobile number, or visit the Grab Deals section on the Woohoo website (if you proceed via the Grab Deals portal on Axis Bank website, you will also earn a flat 10% cashback over and above the applicable discounts on your Axis Bank Credit Card).
  • Select the brand you want to purchase the voucher of (e.g. Amazon, Flipkart, Zee5, etc.).
  • Enter the number of vouchers or the amount for the voucher you wish to purchase or select the preconfigured amount.
  • Proceed to the checkout page and complete the payment with your Axis Bank Credit Card.

To redeem instant vouchers-

  • On online shopping portals, add the gift card to your account on the merchant’s website or enter the voucher code at the time of checkout (as applicable). The voucher/gift card amount shall be deducted from the total billing amount.
  • On offline stores, you need to show the voucher/gift card to the cashier at the time of checkout to avail of the discount.

Bottom Line:

As the festive season is nearing, we’re seeing many card issuers are partnering with gift voucher resellers to offer exclusive deals to their customers. Recently, SBI Card and Kotak Mahindra Bank partnered with Gyftr to offer lucrative discounts on shopping vouchers from popular shopping brands. Just like SBI Card and Gyftr, Axis Bank and Qwikcilver are also offering Amazon and Flipkart gift vouchers at discounted rates, which you usually do not get under most other offers. What makes this Axis Bank and Qwikcilver partnership even more rewarding is, as a limited period offer, you also get a cashback of flat 10% over and above the applicable discount on the purchased shopping vouchers. For example, you get a total value back of 18% on purchasing a Myntra shopping voucher (10% cashback and 8% instant discount). Other card issuers are also expected to come up with similar attractive discounts and offers during the coming festive season.

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