Axis Bank Brutal Devaluation of Atlas/Reserve/M4B/Vistara/Samsung/Flipkart/Ace/Airtel/Myzone/IOCL & Other Credit Cards

[TechnoFino]

With effect from 20th April 2024, the following changes will be applicable on your favourite axis bank credit cards.

Magnus for Burgundy - https://www.axisbank.com/docs/defau...onditions-for-magnus-burgundy-credit-card.pdf
Magnus - https://www.axisbank.com/docs/defau...rms-and-conditions-for-magnus-credit-card.pdf
Atlas - https://campaign.axisbank.com/generic/axis-atlas-credit-card-terms-and-conditions.pdf
on atlas welcome benefit has been reduced to 2500 EM . Earlier it was 5000 EM

Vistara Platinum - https://www.axisbank.com/docs/defau...nditions-for-vistara-platinum-credit-card.pdf
Select - https://www.axisbank.com/docs/defau...rms-and-conditions-for-select-credit-card.pdf
Privilege - https://campaign.axisbank.com/generic/axis-privilege-credit-card-terms-and-conditions.pdf
Flipkart - https://campaign.axisbank.com/generic/flipkart-axis-bank-credit-card-terms-and-conditions.pdf
Ace - https://campaign.axisbank.com/generic/axis-bank-ace-credit-card-terms-and-conditions.pdf
Airtel - https://campaign.axisbank.com/generic/airtel-axis-bank-credit-card-terms-and-conditions.pdf
Indian Oil - https://www.axisbank.com/docs/defau...it-cards/indian-oil-axis-bank-credit-card.pdf

Domestic Lounge - https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/dlg.pdf
Mile Transfer Program - https://campaign.axisbank.com/generic/miles-transfer-program-credit-card-terms-and-conditions.pdf

In short (what changed):

- Buy-one-Get-one free movie/non-movie ticket offer on BookMyShow will be discontinued.
- 24*7 complimentary concierge services will be discontinued (seems like no one using it).
- Complimentary airport meet & assist services reduced and/or discontinued.
- Gold/Jewelry, Govt. Services, Utilities not eligible for milestone, normal reward points - nothing.
- Domestic lounge access required 50,000 in previous 3 calendar months.
- and more..

For individual card related changes do refer respective pdfs.

 

[Akash0043]

Also, now surcharge is applicable on UPI transaction as well, previously I was able to do a UPI transaction in other petrol pump in case of an emergency and not pay any surcharge now that's also gone

#Dilseopen…………….
Zindagi ke sath bhi
Zindagi ke baad bhi

 

[BhaiyaJi]

Ax-is now my Ex FORVER 🥲

Bhai friend zone karke rakho for bank discounts.

 

[bigbyte]

I already did 3 transaction & waiting for Point's 💀 dont gimme FoBF

#metoo .. …

 

[pprakash11]

@VISHESH_BANSAL @4uziaul @jack333 @D₹V @Chaitanya-a @pprakash11

Kidhar ho idhar Party ho rahi hai 🤣🤣🎉

Hum dusri jagah party kr rhe the 🤣🤣

 

[Lordkk]

For 100 it was loss bcz 10 rs was levied
If u did transaction less than 400.
After 400 its just 1% fuel surcharge .

But for upi yes u r right

read this line, "Fuel surcharge and fuel surcharge waiver shall be applicable on UPI transactions done
on the credit card", means there will be surcharge on UPI too

 

[NShah]

I already did 3 transaction & waiting for Point's 💀 dont gimme FoBF

iska kya matlab hai ??
Multi Brand vouchers at double redemption value on achieving milestone spends
of every 2.5 Lakhs will be discontinued

 

[dushyenth]

Axis, are you kidding me??😡 Why on earth would somebody plan to continue with this card with this kinda devaluation.. axis has surely dug its own grave with this.. cutting all ties with axis from May.

 

[Vasuki]

#metoo .. …

Point gonna get credited thats is for sure

But
Previlgae card - multi brand voucher 2x redemption is the key component 💀

 

[Cebu]

Myzone toh pehle hi bakwas card tha usko bhi devalue krdia 😂😂

 

[techt]

Bitch want 1.5 lakh in 3 month just for lounge..
@S S V 😂😂

This much you haven't given as alimony.

 

[SSV]

iska kya matlab hai ??
Multi Brand vouchers at double redemption value on achieving milestone spends
of every 2.5 Lakhs will be discontinued

It was discontinued in the last iteration of devaluation itself

 

[Akash0043]

I already did 3 transaction & waiting for Point's 💀 dont gimme FoBF

 

[Vasuki]

iska kya matlab hai ??
Multi Brand vouchers at double redemption value on achieving milestone spends
of every 2.5 Lakhs will be discontinued

That u can't redeem multi brand voucher with 10k Edge point that u got from Renewal of the card


Whats remains the question is - What about point earned by other cards..
F**k with their renewals

 

[dealminer]

10L for burgundy will move away now.

Kaccha fatega tb axis ka,

 

[navam]

Looks like magnus burgundy ke transfer ratio ko change nahi Kia iss baar.
I guess 3 mahine baad ke liye bhi kuch bachana chahte hongey yeh log.

 

[tushu5121]

Or better is "Dil se closed"

YEs.. but ye log service achi de na de
But devaluation dil se hi krte h pure dil se

 

[raghu.rokda]

Bkl kuch samaj ni aa raha

Kaha padu

Kaha likhu

Itne thread khule hai

mai toh sant baithunga bas

 

[jacobijn]

Renewed this POS in Dec just for the sake of my Meet & Greet and BOGO. MF what a wastage of ₹12000. Even LTF cards like Wealth are able to give BOGO man. I am pissed beyond explanation.

I really feel there should be an RBI norm that disallows devaluation in the first year of a sign up unless fees are refunded. In any other business you can't just take away what you took money for.

 

[techt]

Ruk bhaiii...Aate hi honge M4B ka gyaan cho*ne wale!!!

You showed up and it's an Armageddon now.

 

[BhaiyaJi]

Myzone toh pehle hi bakwas card tha usko bhi devalue krdia 😂😂

Yes, LTF Myzone card ko use karne pe reward to nahi milega, aur aapko 1% convinence fees deni hogi