Axis Bank was the first issuer to roll out a Diwali spend-linked promotion for 2022, offering accelerated rewards on eligible credit card transactions. If you recently joined the Axis ecosystem, this limited-time promotion is a valuable benefit. Below is a concise, user-friendly summary of the Axis 3X rewards promotion and related festive offers.
Offer Details
| Offer | Get 3X rewards on Credit Card spends |
| Offer type | Opt-in by giving a missed call to 9966024900 |
| Excluded Spends | Wallet load, fuel, jewellery, EMI |
| Min. Spend | INR 10,000 |
| Offer period | 15 Sep – 31 Oct 2022 |
| Fulfilment | Within 90 days from offer end date |
Maximum bonus caps vary by card tier. Below are the stated caps and indicative reward rates after applying the bonus:
| Credit Card | Max. spends | Max. Bonus EDGE REWARD Points | Reward Rate |
| BURGUNDY PRIVATE / RESERVE | 150,000 | 22,500 | 4.5% – 9% |
| MAGNUS | 62,500 | 7,500 | 3.6% – 7.2% |
| SELECT | 50,000 | 5,000 | 2% – 4% |
| PRIVILEGE | 30,000 | 3,000 | 2% – 4% |
- Reward rates shown represent minimum realized value across EDGE Rewards portal redemptions and points transfers.
Overall, the promotion is straightforward and focused on premium and super-premium cardholders, with relatively simple terms. Compared with Axis’s 2020 festive promotion, the maximum caps are lower this time, which limits potential upside for very high spenders. Still, the offer remains useful, especially given the improved utility of points through transfer partners.
Important: the terms state that concurrent offers generally cannot be combined. Specifically: “In case there is more than one offer available simultaneously, no two offers can be combined by the participant. It shall be entirely at discretion of Axis Bank to consider any exceptions to the above.” Avoid relying on combining multiple Axis promos unless explicitly permitted.
Axis Vistara Card Offer
Axis also launched a Vistara card festive promotion offering 2X Club Vistara (CV) points on a minimum spend of INR 10,000. Bonus CV points are allocated based on spend slabs and credited to the relevant CV ID within 90 working days after the offer ends (31 Oct 2022).
This marked one of the first festive promotions specifically for Axis Vistara credit cards. To participate, cardholders needed to opt in by giving a missed call to 9966033357 and then meet the minimum spend requirement during the offer period.
Final Thoughts
Axis Bank has been among the most proactive card issuers during the 2022 festive season, announcing these offers early. Other issuers typically follow with their seasonal promotions. In addition to the spend-linked campaigns, Axis reintroduced Amazon gift cards on its GiftEdge portal with elevated rewards, which adds extra redemption value for cardholders.
If you plan to take part in the Axis 3X rewards promotion, make sure to opt in by giving a missed call to 9966024900. If you do not receive a confirmation SMS after opting in, contact Axis support to confirm enrollment before making qualifying transactions. Reward fulfilment for the festive promotion was recorded to have been completed on 22 Dec 2022 for the applicable cards.
- Update: Reward fulfilment for eligible cards was completed on 22 Dec 2022.
What are your thoughts on Axis Bank’s Diwali offers for 2022? Share your experience or questions in the comments if available on the original page.