Air travel, with its unparalleled convenience and speed, remains a preferred choice for many. However, the prohibitive cost of air tickets often restrains individuals from taking to the skies. Credit cards have emerged as powerful tools that can unlock significant discounts and perks, making air travel more accessible and affordable. In this essay, we explore the world of credit cards that offer substantial discounts on flight ticket bookings, with a special focus on the recent partnership between Axis Bank and Cleartrip to provide lucrative travel benefits.
I. The Need for Affordable Air Travel
Traveling by plane has transformed the way we explore the world, bridging geographical gaps and connecting people across continents. Despite its undeniable advantages, the high cost of air tickets has remained a persistent hurdle for many. This financial barrier can curtail travel aspirations and limit opportunities for personal and professional growth.
In response to this challenge, financial institutions have collaborated with airlines and travel companies to create credit card offerings that provide substantial discounts and perks for travelers. One such noteworthy collaboration is between Axis Bank and Cleartrip, aimed at revolutionizing the way individuals book and experience air travel.
II. Axis Bank Credit Card Partnership with Cleartrip
Axis Bank, one of India’s leading banks, has recently unveiled a partnership with Cleartrip, a prominent travel company, to introduce an array of travel benefits for both existing and new credit card holders. This collaboration marks a significant step in addressing the affordability of air travel for individuals and families.
- Key Benefits:
- Discounts on Ticket Bookings: Axis Bank credit card holders can enjoy discounts of up to Rs 1,200 on flight ticket bookings made through the Cleartrip App or website. This reduction in the ticket price serves as a valuable incentive for travelers, making airfare more budget-friendly.
- Free Food: The partnership extends additional perks such as free food worth up to Rs 500. This complimentary meal offering enhances the overall travel experience, ensuring that travelers are well-fed and comfortable during their journeys.
- Concession on Convenience Fee: Cleartrip’s CT FlexMax plan offers concession on convenience fees, ensuring that travelers don’t incur unnecessary additional charges when booking their flights.
- Cancellation and Rescheduling Options: Under this partnership, credit card holders can avail cancellation and rescheduling options for a nominal fee of just Rs 1. This flexibility is particularly beneficial in situations where travel plans may need to be adjusted due to unforeseen circumstances.
- Scope of Discount:It’s important to note that these benefits are applicable primarily to domestic flights. This means that individuals traveling within India can maximize the savings and perks offered through this partnership.
III. Obtaining an Axis Bank Credit Card
To access these exciting travel benefits, individuals need to possess an Axis Bank credit card. Axis Bank offers a variety of credit cards to cater to different needs and preferences. To obtain a Flipkart Axis Bank Credit Card, one of the basic cards under this partnership, certain eligibility requirements must be met:
- Age: Applicants must be between the ages of 18 and 70 to be eligible for a credit card.
- Residency: Applicants should either be residents or non-resident Indians residing in India.
- PAN Card or Form 60: Proof of identity, typically provided through a PAN card or Form 60.
- Proof of Residence: Documentation establishing one’s place of residence.
- Identity Proof: A valid proof of identity.
- Color Photograph: Passport-sized photographs are typically required.
- Income Proof: Proof of income, such as the latest payslip or Form 16, and copies of income tax returns.
It’s important to note that while these criteria are indicative, the final approval of credit card applications is at the discretion of the bank. Axis Bank reserves the right to approve or reject applications for the Flipkart Axis Bank Credit Card based on individual financial circumstances and creditworthiness.
IV. Credit Card Benefits and Costs
The Flipkart Axis Bank Credit Card, like many co-branded credit cards, offers a mix of benefits and costs that potential cardholders should consider:
- Joining Fee: The card comes with a joining fee of Rs 500.
- Annual Fee: From the second year onwards, an annual fee of Rs 500 is charged. However, this fee can be waived if the annual expenditure using the card exceeds 3.50 lakhs, incentivizing regular card usage.
- Finance Charge: The card carries a finance charge of 3.6 percent per month, which applies to outstanding balances.
- Withdrawal Charge: For cash withdrawals, a charge of 2.50% is levied.
- Welcome Benefit: New cardholders can look forward to a welcome benefit equivalent to Rs. 1100, which adds immediate value to card ownership.
- Cashback Rewards: The card offers 5 percent cashback on spends at Flipkart and 4 percent cashback at select merchants, making it particularly rewarding for those who frequently shop online or at specific outlets.
- Airport Lounge Access: Cardholders can enjoy the luxury of four airport lounge access passes per year, enhancing the comfort and convenience of their travel experiences.
V. Conclusion: A New Era in Travel Savings
In conclusion, the recent partnership between Axis Bank and Cleartrip represents a significant development in the realm of credit cards offering discounts on flight ticket bookings. By aligning with Cleartrip, Axis Bank has empowered both new and existing credit card holders with substantial travel benefits, ranging from discounts on ticket prices and free food to flexibility in cancellations and rescheduling.
This collaboration not only addresses the financial constraints that often deter individuals from air travel but also redefines the role of credit cards in enhancing the overall travel experience. It transforms credit cards into valuable tools for unlocking savings and comfort in the world of aviation.
As travelers look forward to more accessible and budget-friendly air travel, this partnership sets the stage for a new era in travel savings, one where the journey itself becomes as rewarding as the destination. In an age where exploration and adventure are highly cherished, the Axis Bank credit card partnership with Cleartrip opens doors to new horizons and enriching experiences for travelers across India.