Recently Airtel Launched Reward 123 Savings Bank Account which is an upgrade of Basic or Bhorosa Savings Account. An Airtel subscriber just pays annually Rs.290 and get rewards of Rs.960 annually also gets Platinum Virtual Debit Mastercard along with exciting rewards. Any Airtel subscriber eligible to open Reward 123 Savings Account, also a Basic or Bhorosa Saving Account holder of Airtel Payment Bank is eligible to upgrade his or her Saving account to Reward 123 Savings Account.
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| image source: Rewards123 - Simple, Secure, and Rewarding | Airtel Payments Bank |
To avail of the benefits of Reward 123, the Customer agrees to pay the annual subscription charges of Rs.299. For existing Saving Bank Account customer just pay rupees of 299 and upgrade but for wallet customer, they have to complete their KYC at the nearest Airtel banking point or using the video KYC based onboarding facility.
Benefits/features of Rewards123 Savings Account:
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| source: Thanks app |
1% cashback on loading Rs.1000 through UPI (Max. Rs.10/month)- 2% cashback on min. Rs.1000 of online purchases with your debit card (Max. Rs.40/month)
- Flat Rs.30 Cashback on min. Rs.225 Mobility Prepaid, Postpaid, Broadband/Landline, DTH bill payment/recharges
- Free Platinum Online Mastercard Debit Card
For more information visit: Rewards123 - Simple, Secure, and Rewarding | Airtel Payments Bank
Rewards 123 Savings Account is a specially designed saving bank account through which you can unlock many benefits as you save and transact more digitally. Cashback will be credited to Customer's Rewards123 within 2-3 working days. The bank shall pay to Customer rate of interest at published interest rates on the daily end of the balance in the savings bank account.
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You can get 2% cashback on payments/transactions done via your platinum online Mastercard debit card:
- Valid on min purchase of Rs.1000.
- Max. cashback earned is Rs.40 per month; you can do singular transactions of Rs.1000 and earn Rs.20 cashback on your transactions.
- The transaction should be done using your Platinum Online Mastercard debit card only.
Terms and Conditions of Rewards 123 Savings Account:
- The customer shall not be eligible for any benefits under Basic or Bhorosa Savings Account.
- The annual subscription of Rewards123 is not refundable.
- The Customer can view the status of their benefits in Airtel Thanks App or on web page.
- Cashback neither claim in a perticular month nor carry forward to next month.
- The Customer agrees that Bank reserves the right to block/suspend/freeze the saving account of the Customer for any misuse or fraudulent transactions.
- The Bank may send letters/mails through a post or SMS or emails, also Bank send banking notifications, OTP, alerts to the customer registered mobile number
- The Customer further agrees that any false/misleading information provided by him to the Bank will render for closure, suspension of the account.
- For any queries for Rewards123, Customer must contact with 400 for Airtel users and 8800688006 for other operators users (standered calling rate apply). Also Customer can email on wecare@airtelbank.com for their issues .