Axis Bank offers e-commerce discounts for its ASAP digital savings account
By Léandra Monteiro
- ASAP Digital Savings Account
- Axis Bank
Axis Bank, the third largest private sector bank in India, has announced mega offers for its new bank customers of ASAP digital savings accounts. In addition to offers for ecommerce platforms, customers will receive a fixed 10-15% cashback on Flipkart and Amazon.in and up to 45% cashback on over 30 top brands. Customers have the option of choosing from 4 variants of savings accounts: Easy, Prime, Priority and Burgundy.
These digital savings account variants offer a higher amount of cash back and other privileges like free access to lounges at airports, free ATM withdrawals, and more. 15% on Priorité & Bourgogne accounts. This is a limited-time offer applicable to new bank customers until November 2021.
To access these offers, customers must open an ASAP digital savings account, accessible through the bank’s website or mobile app through the Video KYC process. After opening the account, customers will receive an instant virtual debit card with which they can start transacting immediately. They can take advantage of cash back rewards for online purchases through “Grab Deals”, the Bank’s online marketplace, which gives them the choice to purchase from over 30 brands. The advantage of the cashback offer will be applicable for 6 months after opening the account and the cashback earned will be credited directly to the customer’s account.
On the occasion, Ravi Narayanan, Group Executive & Head- Branch Banking, Retail Liabilities & Products, Axis Bank said: “In line with our ‘Dil Se open’ philosophy, we are pleased to present the ‘ASAP Digital Savings Account’. With this proposal, we offer customers a simple and transparent digital process to open accounts with us and take advantage of the best cashback offers in the industry. Today, most cashback offers are restricted to credit card owners, which is a small number in the country. We want to democratize cashback for customers and hope that they find these offers attractive, especially during the next holiday season.
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