Airtel Payments Bank introduces ‘Rewards123’ savings account; offers benefits on digital transactions

Airtel Payments Bank has recently announced the launch of its new savings account ‘Rewards123’ that offers benefits and value to customers when they transact digitally using the bank account.

Customers can get ‘Rewards123’ at an annual fee of Rs. 299 and avail benefits ranging from certain cashback per month on payments for prepaid recharges, post-paid, landline, broadband, DTH bill payments, load money benefits and shopping rewards.Other benefits include free Platinum Online Mastercard Debit Card and zero minimum balance.The new savings bank account offers regular benefits throughout the year up to Rs. 960.Customers can easily open or upgrade to Rewards123 through the Airtel Thanks app using Video KYC.

Introducing the ‘Rewards123’ digital savings account, Airtel said that this is “designed to offer consistent value, with assured rewards on different types of digital transactions throughout the year.”

Anubrata Biswas, MD & CEO, Airtel Payments Bank, stated, “Our research reflected that digitally ready, time sensitive consumers, seek consistent value during transactions, and are tired of surfing for the next best deal. With this insight, we developed Rewards123, a consistent value-driven proposition, which can be used safely as a separate account for digital transactions.”