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.

 

[Harry1]

If am imperia atleast am getting a locker free

What's the benefit of locker? My RM was asking for it, but I said not required 🤣.

 

[Vasuki]

You too devalued your name 🤔

🤔 Context???

Han

Moderators aaj jaage hai

Maang toh 1 mahine pehle rakh di thi

Maang for ? ?

 

[rahulrai]

I'm done with this Magnus game now... Just have 1.5L left for renewal fee waiver, will compete this and wait for my accelerated points, will close magnus in 2025... I'll move to combination of Amazon pay ICICI (For Amazon), SBI Cashback (For other online Spends), Millennia (for vouchers) & Tata neu infinity (UPI & vouchers)... Life was much simpler before Magnus... Please suggest any simple strategy, even with multiple cards that provides decent returns, not aiming for highest returns now.

 

[SamPtnk]

Utha ler re baba

Mujhe nahi is Ch** Bank ko

 

[irahul80]

That's The Real Problem, it is Really a Challenge to Counter Abusers and Money Rotators In these Cases . So they goes the other and easy way out. That's Why Somewhere its the fault of Abusers too.
You See , they did try asking people proof of personal spending , but looks like failed

Initially no one were using Cards then banks pushed more & more Credit cards with offers, now when we (Indians) got a hnag of making money out of the system, banks are NOT happy that their customers are beating them in their own game !
Also it's difficult to stop/avoid abusers from genuine mega spenders. Instead of tackling the problem, they are just exerting force to silence everyone at once !

 

[bvc19296]

For movies, few more cards.

BOB Eterna (Paytm)
AU Zenith/Zenith+ on BMS
(Some more AU cards are there in Paytm too)
IDFC Wealth/Select (Paytm)

Myzone also offers 1+1 on Paytm once a month. Hope that’s not devalued. As nothing is mentioned regarding Myzone devaluation.

 

[AlphaCAT]

And bookings can be for travel dates beyond 19th April?

Yeah obviously bro !

 

[irahul80]

Am not even getting sleep bro ..I was planing to move to axis now even am thinking asking sorry to RM ..

Don't bro, most useless people on earth are these RMs but they are good at sensing the need. Plz tk cr !

 

[techt]

🤔 Context???

Maang for ? ?

Why do banks take so long to refund, yet debit the money instantly for a transaction?

I have read on quora that it's because banks what to keep the money with them as long as possible to earn interest. Is it true? If debit is instant then credit should be instant too. For HDFC when I cancel a transaction I get a message that the transaction has been reversed but actual money...

www.technofino.in

🌱 🌱 🌱

 

[irahul80]

I'm done with this Magnus game now... Just have 1.5L left for renewal fee waiver, will compete this and wait for my accelerated points, will close magnus in 2025... I'll move to combination of Amazon pay ICICI (For Amazon), SBI Cashback (For other online Spends), Millennia (for vouchers) & Tata neu infinity (UPI & vouchers)... Life was much simpler before Magnus... Please suggest any simple strategy, even with multiple cards that provides decent returns, not aiming for highest returns now.

Are you referring to smartdeal platform to buy vouchers using Tata new infinity ??

 

[anirban.choudhury]

Pdf link please?

Magnus Burgundy & Reserve

 

[SSV]

Am not even getting sleep bro ..I was planing to move to axis now even am thinking asking sorry to RM ..

A quarter might help here for the cause ... Not FY Quarter !!

and forget this symbol for a while 🪓 🪓 , you will get a nice sleep!!

 

[rahulrai]

Are you referring to smartdeal platform to buy vouchers using Tata new infinity ??

No, I'll use Millennia for Smartbuy portal and Neu Infinity for gift cards in Tata Neu app, they have smaller collection of vouchers but returns are higher as they give additional 5% apart from the discount already offered.

 

[R@ndomiz€r]

Airtel Axis was already a devalued card. Reducing caps even further makes this a card for small house/families only. Axis looks like going through a shit hole it seems. Thank God I didn't take Axis Atlas that I was offered FYF by the bank😅😅

 

[Vishals_Ind!]

I am feeling so sad, transferred my salary from HDFC to Axis to get Magnus4B just 3 months ago. Was planning a family trip. such a shame!

 

[RajMahadik]

Meanwhile I am who dont having magnus , thinking that :

Magnus ka fees 12500+ gst axis ni maa ch###ne ke lenge kya axis wale ??

 

[Deleted member 27665]

I am feeling so sad, transferred my salary from HDFC to Axis to get Magnus4B just 3 months ago. Was planning a family trip. such a shame!

 

[SSV]

If am imperia atleast am getting a locker free

then how does this look like ...

Axis Bank Liberty Savings Account Benefits

Axis Liberty Savings Account is the Best Savings for those who can Spend 10,000 INR Per month On Food, Entertainment, Shopping and Travel via Axis Liberty Debit Card and Spend 15,000 INR Per Month at any Merchant ** via UPI or Axis Liberty Debit Card. If we Fulfill Above Spending Criteria We...

www.technofino.in

 

[govigov]

what is the proceedure to cancel axis CC. My card anniversary date is april 17th. When we cancel the CC, do we loose access to the ER points as well? I have about 1LER points. I do have a savings account with axis.

 

[anirban.choudhury]

what is the proceedure to cancel axis CC. My card anniversary date is april 17th. When we cancel the CC, do we loose access to the ER points as well? I have about 1LER points. I do have a savings account with axis.

Transfer your ER and then call CS and cancel