Credit cards have become an integral part of our financial arsenal, offering convenience, rewards, and easy access to credit. One of the features that make credit cards increasingly versatile is the concept of Add-On card. This article aims to explain what an Add-On credit card is, how it works, and the benefits of opting for an Airtel Axis Bank Credit Card Add-On.
Table of Contents
Understanding Add-On Credit Cards
An add on credit card, as the name suggests, is an additional card that you can get on your primary credit card. It allows the primary cardholder to extend the benefits and credit limit of their card to their loved ones. It’s an excellent tool for managing family expenses and helping family members build a credit history.
How Add-On Credit Cards Work
Here is a simple breakdown of how an Add-On credit card works:
Issuance: The primary cardholder applies for the Add-On card from the credit card issuer. The card is issued to a family member chosen by the primary cardholder.
Credit Limit: The Add-On card shares the credit limit of the primary card. The primary cardholder can decide how much of their credit limit to allocate to the Add-On card.
Usage and Billing: The Add-On card can be used like any other credit card. However, the primary cardholder is responsible for paying off the dues.
Benefits and Rewards: The Add-On cardholder can enjoy the same benefits and rewards as the primary cardholder. Any rewards earned on the Add-On card are credited to the primary cardholder’s account.
Airtel Axis Bank Credit Card Interest Rates and Benefits
When considering Add-On credit cards, the Airtel Axis Bank credit card stands out for its competitive interest rates and impressive benefits. The Airtel Axis Bank credit card interest rates are quite attractive, making it a cost-effective choice for those seeking to manage their finances better.
The Airtel Axis Bank credit card offers a host of benefits including:
- A generous 25% discount on recharges made via the Airtel Thanks App.
- Cashback offers on utility bill payments.
- An extra 1% cashback on all other spends.
- Lounge access throughout the year and fuel surcharge waivers.
- Applying for an Airtel Axis Bank Credit Card
Applying for an Airtel Axis Bank credit card is a straightforward process:
Step 1: Go to the ‘Shop’ section after downloading the Airtel Thanks app section.
Step 2: Go to ‘Airtel Finance’ and select the credit card banner.
Step 3: Fill out the application form and complete the KYC process.
Step 4: Wait for your credit card to be delivered to your address.
Add-On credit cards offer an effective way to extend the benefits of your credit card to your loved ones, easing the management of family finances. The Airtel Axis Bank credit card, with its competitive interest rates and attractive perks, is an excellent choice for those looking to maximise their credit card benefits. Whether you’re a seasoned credit card user or new to the world of credit, a deep understanding of Add-On cards can help you make the most of your credit card experience. So, make an informed decision and harness the power of credit to your advantage.