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Flipkart-Axis Financial institution bank card to assist buyers earn rewards as much as Rs 20K

Bengaluru, Nov 22 Flipkart and Axis Financial institution on Tuesday launched the ‘Tremendous Elite Credit score Card’ for buyers to earn rewards as much as Rs 20,000 on Flipkart, Myntra and Cleartrip.

The bank card will provide an activation advantage of 500 Flipkart SuperCoins with 4X SuperCoins earned for each transaction on Flipkart, together with rewards as much as Rs 20,000 throughout Flipkart, Myntra, Flipkart Well being+, Cleartrip, and Flipkart Accommodations, the corporate mentioned in a press release.

“At Flipkart, it’s our endeavour to supply a handy and reasonably priced buying expertise for greater than 450 million prospects on our platform,” mentioned Dheeraj Aneja, SVP-Fintech and Funds Group at Flipkart.

With the bank card, prospects can earn a complete of 8 SuperCoins for each Rs 100 spent and a most of 200 SuperCoins might be earned on each profitable transaction.

Flipkart Plus prospects earn a complete of 16 SuperCoins for each Rs 100 spent and so they can earn a most of 400 SuperCoins on each profitable transaction on Flipkart.

“For all different transactions exterior of Flipkart, prospects will earn two SuperCoins with no higher restrict for each Rs 100 spent on all eligible spends,” mentioned the corporate.

The cardboard has an annual price of Rs 500, which is waived off on an annual expense of Rs 2 lakh on the cardboard.

“We consider that this co-branded bank card will definitely enchantment to prospects throughout India, searching for advantages within the type of SuperCoins, because it affords advantages and simple redemption alternative on each transaction,” mentioned Sanjeev Moghe, President and Head, Playing cards & Funds, Axis Financial institution.

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