Cleartrip, a Flipkart company, on August 22 announced a partnership with Axis Bank to introduce travel benefits to all the existing and new Axis Bank credit cardholders while booking through the online travel aggregator's platform.
Ayyappan R, CEO of Cleartrip, said, "This will include features such as flexible bookings, cancellation options and date changes, all without any additional costs. This unique proposition truly sets us apart in the market and is set to benefit close to 12.5 million customers."
According to the release, Axis Bank cardholders can reschedule/modify their flights through ‘CT FlexMax,’ access seats valued up to Rs 1200, free meals worth up to Rs 500, and an exemption from convenience fees.
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In contrast to conventional booking discounts for domestic flights, the strategic partnership represents a significant departure. Online travel agencies (OTAs) are focused on offering instant cash discounts through partnerships with banks in the current market landscape, as per the release.
Sanjeev Moghe, President & Head, Cards & Payments, Axis Bank, said, “We have observed that the travel segment is a high engagement area for our customers and this one-of-a-kind proposition with Cleartrip will add immense value to our customers’ travel plans.”
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