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

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TechnoFino

Founder
TF Family
Founder
Admin
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.
 
Last edited by a moderator:

Vasuki

TF Pioneer
Contributor
RML Group
VIP Lounge
Called Axis CC, they are providing an upgrade to my IOCL card for Privilege. Should I upgrade it or close IOCL first then apply for Privilege?
Do it

You might be able to redeem everything before 20 .

Do u have extra edge point ..
Close it first then apply..

With upgrade u have to wait 45 days to take back iocl again.

As it will be active in their system
 

manish16

TF Buzz
Yeah.... already having 5k ER from IOCL. During upgrade process, will I have 4 cards active at once, for atleast 45 days or IOCL will be closed and privilege active after delivery?
 

Vasuki

TF Pioneer
Contributor
RML Group
VIP Lounge
Yeah.... already having 5k ER from IOCL. During upgrade process, will I have 4 cards active at once, for atleast 45 days or IOCL will be closed and privilege active after delivery?
Call and close the iocl card and call again and get previlge

If u talk to executive and if u find him good
Tell him after retention call transfer ennd and you gonna close iocl
Call me back after 10-15 minute ..same executive will call u back for Previlge..
🌚
 

vivekshah

TF Buzz
Fee Waiver for IOCL card from 50k to 350k is pure stupidity, their should be cap on this to highest available limit. I have 1.2 lakh limit and they want me to spend 3.5 lakh per year to get waiver.
 

Vasuki

TF Pioneer
Contributor
RML Group
VIP Lounge
Fee Waiver for IOCL card from 50k to 350k is pure stupidity, their should be cap on this to highest available limit. I have 1.2 lakh limit and they want me to spend 3.5 lakh per year to get waiver.
What about 15 k legendry limit club ppl
 

Vasuki

TF Pioneer
Contributor
RML Group
VIP Lounge
Got the Privileged one! Waiting for the card to be dispatched and delivered.
Once delivered u can redeem other edge reward points on multi brand voucher
Do transaction asap on
Non reversal type transaction ( utility) they get settled fast
You will receive welcome point in a week ..

Happy sniping 😁ax-shit
 

James

TF Ace
Once delivered u can redeem other edge reward points on multi brand voucher
Do transaction asap on
Non reversal type transaction ( utility) they get settled fast
You will receive welcome point in a week ..

Happy sniping 😁ax-shit
I don't have Privilege card. My current ratio 5:1. Can I take privilege and close it too?
 

LordPSN

TF Premier
VIP Lounge
Hey guys just 1 doubt.
The cashback for Airtel bills and other utilities (like electricity) are separate or common?
I mean we can avail INR 250 cashback separately for Airtel bills and electricity?
Or its combined 250 cashback for all utilities (airtel/non airtel combined)?
 

James

TF Ace
Hey guys just 1 doubt.
The cashback for Airtel bills and other utilities (like electricity) are separate or common?
I mean we can avail INR 250 cashback separately for Airtel bills and electricity?
Or its combined 250 cashback for all utilities (airtel/non airtel combined)?
After April 20, for airtel bills you'll get 250 Rs includes all airtel bills


For other utilities, you'll get 250 Rs
 

helloworld

TF Legend
Once delivered u can redeem other edge reward points on multi brand voucher
Do transaction asap on
Non reversal type transaction ( utility) they get settled fast
You will receive welcome point in a week ..

Happy sniping 😁ax-shit

what are the available vouchers in multi-brand now? checking if there is out of stock before 20th april and after that this service discontinued, right?
 

Vasuki

TF Pioneer
Contributor
RML Group
VIP Lounge
what are the available vouchers in multi-brand now? checking if there is out of stock before 20th april and after that this service discontinued, right?
No Myntra redeem this week only .
Stock problem isn't there it's fixed

Can't say if it got over just after I redeemed
 
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