Airtel Axis Bank
EntryAxis Bank
Where it ranks · across all 71 cards
🥇 Mobile / broadband5.0%at Airtel / Jio rechargedirect#8 Utility bills2.5%direct#38 Online shopping1.0%direct#40 Groceries1.0%direct
Devaluation history
- 2026-04-01 - Lounge access removed. Caps made dynamic: Airtel ₹250/mo, partners ₹500/mo, combined ₹750/mo.
- 2026-08-28 - 28 Aug 2026: DCC 1.5%→3.5%, late-fee slab, tolls + gift-card exclusions (generic wave).
Reward rules
Base rate - everything not covered below
cashback
1.00%
effective
25% Airtel services
cashback
25.00%
effective
DYNAMIC: capped at 2X the base 1% cashback earned in the same cycle (zero base spends = zero 25% earn); ₹500 shown as a working ceiling
Apr 2026 regime: the flat ₹250 cap is dead. Airtel bills via Airtel Thanks only.
Source: Airtel Axis cashback T&C (bank PDF, Apr 2026 regime) · 2026-08-22
10% on other utility bills via Airtel Thanks (dynamic cap)
cashback
10.00%
effective
DYNAMIC: capped at 1X the base cashback earned that cycle; ₹250 shown as working ceiling
Airtel Thanks app only; utilities elsewhere earn nothing. Separate 10% at Zomato/Blinkit/District pays into the PARTNER wallet (₹200/partner/month, ₹499 min order) - not card cashback, not modeled.
Source: Airtel Axis cashback T&C (bank PDF, Apr 2026 regime) · 2026-08-22
Earns nothing on
- ⊘ Fuel excluded from cashback (bank publishes categories only for this card, no MCC codes).
- ⊘ Rent excluded.
- ⊘ Wallet recharges excluded.
- ⊘ Jewellery excluded.
- ⊘ Insurance services excluded.
- ⊘ Education services excluded.
- ⊘ Government services excluded.
- ⊘ EMI, cash advances/financial institutions and fee payments excluded. Utility & telecom spends NOT on the Airtel Thanks app earn nothing.
- ⊘ W.e.f. 28 Aug 2026: no rewards on bridge fees, road fees and tolls (portfolio-wide revision). Gift-card purchases also reclassified to an excluded Gift Card category.