Axis Bank has entered into a strategic partnership with Cleartrip, a subsidiary of Flipkart, to introduce a unique offering aimed at delivering travel advantages to both existing and new Axis Bank credit cardholders.
This collaboration introduces an array of privileges tailored for domestic flight bookings. These perks include discounts of up to Rs 1,200 on seat reservations, complimentary meals valued at up to Rs 500, exemption from convenience fees, and the flexibility to cancel or reschedule flights for a nominal fee of just Rs 1 under the CT FlexMax program.
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Of significance, Axis Bank credit cardholders can access these specially crafted travel benefits without the necessity to accumulate or redeem points.
This partnership represents a notable departure from the conventional practice of providing booking discounts solely for domestic flights.
Differing from the prevailing model where online travel agencies (OTAs) extend immediate cash discounts through bank collaborations, these discounts are frequently offset by additional charges for seats, meals, and convenience fees.
Sanjeev Moghe, President and Head of Cards and Payments at Axis Bank, conveyed his excitement about the collaboration, stating, “We are delighted to join forces with Cleartrip, a brand that shares our vision of delivering unmatched customer experiences. Recognizing the high level of engagement our customers exhibit in the travel realm, especially during festive periods, this distinctive collaboration with Cleartrip will significantly augment the value of our customers’ travel plans.”
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Ayyappan R, CEO of Cleartrip, emphasized the company’s dedication to revolutionizing the online travel agency landscape through a transparent and customer-centric approach.
“Our partnership with Axis Bank is an extension of this commitment. It encompasses features like flexible booking options, cancellations, and date changes, all free from additional charges. This pioneering offering truly sets us apart in the market and is poised to benefit nearly 12.5 million customers,” he affirmed.
He further underscored Axis Bank’s standing as a dependable financial institution with strong affiliations to Flipkart and a substantial user base.