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Devaluation Axis ACE Credit Card Huge Devaluation Alert

plastikman

TF Ace
Contributor
VIP Lounge
Not sure if Axis flipkart too is devalued this week. The website says 1.5% on other categories.

Many have received an email. It has been certainly reduced to 1% cb only.
 

MangoRush

TF Ace
VIP Lounge
You are right. Just now checked my mail. Is there a devaluation in Axis Airtel as well ?

correct question is which card has not been devalued
 

Patil007

TF Ace
Axis rejects most of the LTF applications. And approves same card on paid basis.
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Abhi7896

TF Buzz
Ace Devaluation Addon, 3 days ago.
See Pdf/ img .

Main Highlights

1. Revision of base cashback earned on ‘other eligible spends
 All transactions made using ACE Axis Bank Credit card, except the transactions made
on GPay, Preferred Merchants and cashback excluded categories, will earn a base
cashback of 1.5%.

2. Spends done on Utility Services that are not done on the GPay platform, will not earn
cashback.

3. Spend 50k for lounge access.
 

Attachments

  • axis-bank-ace-credit-card-terms-and-conditions.pdf
    635.2 KB · Views: 8

iamdhamo

TF Premier
VIP Lounge
Mostly Ace can be applied through Gpay (banner) or app (pre-approved). No offline, no direct link, no customer care route.
If we go via offline via bank they say the card is stopped n ask us to get other cc. But later I got via gpay n I applied but it asked me to apply via axis app
 
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