Axis Bank ACE Card Annual Fee Waiver

[sathishkumar]

I have spent more than 2 Lakh since the card usage i.e., from Sept -22 till now I am getting the annual fee added to my credit card,

• is the amount will automatically be waived off during bill generation?
• do i need to axis support team for the bill waiver.

 

[kpravinramesh]

It will be reversed in some days . Don't worry .

 

[CHOCOPANDA]

Do email or call them

 

[rajcasio]

@sathishkumar In some CC's wallet load, rent etc., doesn't count on annual fee reversal condition. So please check on the card's features and also contact customer care for clarification.

 

[coolanshu1000]

I have spent more than 2 Lakh since the card usage i.e., from Sept -22 till now I am getting the annual fee added to my credit card,

• is the amount will automatically be waived off during bill generation?
• do i need to axis support team for the bill waiver.

It has been charged by the Bank. Contact customer care regarding clarification.

 

[sathishkumar]

@sathishkumar In some CC's wallet load, rent etc., doesn't count on annual fee reversal condition. So please check on the card's features and also contact customer care for clarification.

my usage doesn't count for rent, wallet load transaction as particularly I maintain the excel for all transaction.

 

[bhaveshS]

Is gst also waived off?

 

[prc1990]

I have spent more than 2 Lakh since the card usage i.e., from Sept -22 till now I am getting the annual fee added to my credit card,

• is the amount will automatically be waived off during bill generation?
• do i need to axis support team for the bill waiver.

I guess axis first posts the fee and then reverses it eventually including GST component.

 

[Sai Ganesh]

I guess axis first posts the fee and then reverse it eventually including GST component.

yes right , it will be fixed by evening or max within 2 days.

 

[pprakash11]

Is gst also waived off?

Yes

 

[sathishkumar]

yes right , it will be fixed by evening or max within 2 days.

well mine got generated on 8th sep do i need wait more

 

[prc1990]

I have spent more than 2 Lakh since the card usage i.e., from Sept -22 till now I am getting the annual fee added to my credit card,

• is the amount will automatically be waived off during bill generation?
• do i need to axis support team for the bill waiver.

Do they send reminder email mentioning amount spent till today and how much is left for the waiver?

 

[sathishkumar]

Do they send reminder email mentioning amount spent till today and how much is left for the waiver?

I got SMS reminder few weeks ago like 10 weeks regarding the usage limit

 

[prc1990]

I got SMS reminder few weeks ago like 10 weeks regarding the usage limit

Can you share the snapshot of the SMS masking the sensitive details?

 

[shubham0976]

I spent 198800 on axis ace, so thought of giving a try for fees reversal, the retention team executive gave it very easily. So one may try if they have spent over 1 lakh too. May be they don't wanna lose customer base.

 

[shubham0976]

I spent 198800 on axis ace, so thought of giving a try for fees reversal, the retention team executive gave it very easily. So one may try if they have spent over 1 lakh too. May be they don't wanna lose customer base.

Actually my calculation for total spent was over 2L but one of the order was cancelled by flipkart. But I must say the exact amount I calculated was given by their system. So the calculations are accurate.

 

[mywebid]

1.5L or Cancel. Only these two options for Axis cashback cards (any flavour).

1L won't work unless backed by other Axis cards and that representative handling case.

Due to a return my spent came at 199600. Despite following up for 3 months, the fees waiver was not done. This was 8 months back. Closed the card last month.

 

[sathishkumar]

Due to a return my spent came at 199600. Despite following up for 3 months, the fees waiver was not done. This was 8 months back. Closed the card last month.

You would have earned the cashback in that billing cycle right and that would have been compensated for 400 rupees and why would have closed a card

 

[CyberPsych]

well mine got generated on 8th sep do i need wait more

Did the fee got reversed?

 

[sathishkumar]

Did the fee got reversed?

Yes after speaking with custome care. The fee got waived off