Credit cards have become an integral part of our daily financial transactions, offering convenience and flexibility. But have you ever considered what an add-on credit card is? This specialised form of credit card might be just what you need if you’re looking to provide financial independence to a family member or loved one.
In this article, we will delve into the world of add-on credit cards, explore the process to get one, and specifically discuss the Airtel Axis Credit Card and Credit Card for Students. So, buckle up, and let’s embark on this journey to financial literacy together!
What is an Add-on Credit Card?
An add-on credit card is a supplementary card issued under a primary credit card. It allows the cardholder to share the benefits and credit limit of the main card with family members or dependents. The primary cardholder is responsible for all transactions made with the add-on card.
- Airtel Axis Credit Card with Credit Card for Students: This is an example of a credit card that offers add-on cards, catering to different needs, such as students.
Who Can Get an Add-on Credit Card?
Add-on credit cards are typically available to close family members of the primary cardholder, including:
- Spouses
- Children (usually above a certain age, like 18)
- Parents
- Siblings
Specifically, credit cards for students can be an excellent way to introduce financial responsibility to young adults while maintaining control over spending.
The process to get an Add-on Credit Card
- Contact the Bank: Reach out to your bank or card issuer where the primary card is registered.
- Fill out the Application: Complete the required application form, either online or at the branch.
- Submit Necessary Documents: Provide the necessary documentation (as listed below).
- Wait for Approval: The bank will review your application, and once approved, the add-on card will be dispatched to you.
Documents Required to Get an Add-on Credit Card
Getting an add-on card requires some essential documentation:
- Proof of Relationship with the Primary Cardholder
- Identity Proof (Passport, Aadhar card, etc.)
- Age Proof (Birth Certificate, PAN card, etc.)
- Address Proof (Utility Bills, Rent Agreement, etc.)
Airtel Axis Bank Credit Card and Add-on Credit Card
Airtel Axis Bank offers a selection of credit cards, including options like Credit Cards for Students. Here’s why their add-on credit card might interest you:
- Shared Rewards: Accumulate rewards across the primary and add-on cards.
- Customised Spending Limit: Set individual spending limits for add-on cards.
- Track Spending: Monitor the expenses on the add-on card easily through mobile banking.
- Special Offers: Enjoy exclusive benefits and discounts tailored for students and other add-on card users.
An add-on credit card brings the world of credit closer to your family members, allowing them to enjoy the benefits of a credit card without the hassle of individual eligibility requirements. With institutions like Airtel Axis Bank offering a versatile range of options, including Credit Card for Students, managing finances within the family has never been easier.
Whether it’s to teach financial responsibility to a student or provide monetary freedom to a spouse, add-on credit cards are an invaluable tool in today’s fast-paced world. So why wait? Explore your options and bring financial empowerment to your loved ones today.
