Axis Bank is the first to launch the Diwali Spend linked promo offer on their credit cards for 2022. Given that most of you have got into Axis ecosystem recently, this offer is a cherry on cake. Here’s everything you need to know about the Axis 3X rewards offer.
|Offer||Get 3X rewards on Credit Card Spends|
|Offer type||Opt-in by giving missed call to 9966024900|
|Excluded Spends||Wallet Load, Fuel, Jewellery, EMI|
|Min. Spend||10,000 INR|
|Offer period||15th Sep – 31st Oct 2022|
|Fulfilment||Within 90 days from offer end date|
Here are the maximum capping on respective credit cards.
|Credit Card||Max. spends||Max. Bonus EDGE REWARD Points||Reward Rate|
|BURGUNDY PRIVATE / RESERVE||1,50,000||22,500||4.5% – 9%|
|MAGNUS||62,500||7,500||3.6% – 7.2%|
|SELECT||50,000||5,000||2% – 4%|
|PRIVILEGE||30,000||3,000||2% – 4%|
- Reward rate mentioned are the “minimum” savings across “edge rewards portal redemptions” & “points transfers”.
That’s a neat & simple offer from Axis Bank on premium and super premium credit cards with less tricky terms and conditions.
It’s similar to the 2020 Axis Diwali offer except that the max cap is too low now. Capping like 50K for Reserve and 10K for other cards would have made the offer bit lucrative though.
But of-course Magnus is already flying high with monthly milestone benefit, so I think it’s fair enough. Moreover, the point value is now quite good with the points transfers ability, so overall its a decent offer.
Given that there are multiple offers running at a time its better to avoid double dipping as its against this t&c:
“In case there is more than one offer available simultaneously, no two offers can be combined by the participant. It shall be entirely at discretion of Axis Bank to consider any exceptions to the above.“
Axis Bank, the “aggressive credit card issuer of 2022” has just proved it again by stepping in first for the biggest festive offer of the year. This is likely to be followed by American Express and others this week.
Apart from this, Axis has also brought back Amazon Gift Cards on their GiftEdge Portal with 3X rewards, which is great and that’s something which you shouldn’t be missing.
Having said that all, don’t forget to give a missed call to 9966024900 to enroll into the offer. If you did not receive the confirmation SMS, you may email to support and get the confirmation before proceeding with the transaction.
What’s your thoughts on the Axis Diwali offer for 2022? Feel free to share your thoughts in the comments below.