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.

 

[iamabhisekagar]

Ab Arindam ka iss CC pe aatank khatam hojaayega

 

[phoenix1386]

Looks like we both got name changes on same day 😂
with axis devaluation.

Change your names back please.

 

[Gaara]

4 mahine hua card lene me , avi devalue kar diya . Khatam tata bye bye

Same mera bhi 4 months hi huwa 😂

 

[hackymanoj]

Flipkart Axis also devalued

While you continue to make the most of your FLIPKART AXIS BANK Credit Card, we would like to update you regarding a few changes to the features on your Credit Card:

Effective 20th April 2024, unlimited cashback on all eligible spends other than transactions on Flipkart or preferred partners will be revised from 1.5% to 1%.

Effective 1st May 2024, access to domestic airport lounges will be based on a minimum eligible spend of Rs. 50,000 in the previous 3 calendar months. In the case of a newly issued card, the minimum spend criteria is waived for the month of card issuance as well as for the following 3 calendar months. For more details, please click here.

 

[adi_0001]

Just 2 months ago, I got ACE card in addition to existing Axis Vistara Signature, now ACE got devalued and Vistara devalued twice😒
Axis is losing the charm now.

 

[H2O]

Axis ace devalued. No more 2%, 1.5% now.

 

[DNikunj]

Back to Infinia

Transferring all points soon.

Don't know what will happen of pending airport services. That are still UN used.

 

[Zacobite]

ATLAS also devalued. I closed it 4 days ago, still sending emails to me.

Jale pe namak... purane bill dikhao.. aage ke rewards bhool jao..

 

[Gaara]

Change your names back please.

TF admin will ban us if we ask for name changes again 😂

 

[its_karan]

How is the loss twice for you?

I hold two cards

which are devalued

 

[Zacobite]

Flipkart Axis also devalued

While you continue to make the most of your FLIPKART AXIS BANK Credit Card, we would like to update you regarding a few changes to the features on your Credit Card:

Effective 20th April 2024, unlimited cashback on all eligible spends other than transactions on Flipkart or preferred partners will be revised from 1.5% to 1%.

Effective 1st May 2024, access to domestic airport lounges will be based on a minimum eligible spend of Rs. 50,000 in the previous 3 calendar months. In the case of a newly issued card, the minimum spend criteria is waived for the month of card issuance as well as for the following 3 calendar months. For more details, please click here.

khalllas.. Axis harakiri

 

[paresh22]

already thread available https://www.technofino.in/community/threads/ace-card-devaluation.24311/

 

[LordPSN]

I got Ace card 4 days ago and didnt activated it yet. Already having Airtel Axis. Now never activating Ace. Airtel is somewhat still good for 250 cashback. But Ace is horrible now

 

[Abhishek012]

This is now useless for me already had Flipkart cc which offer same cb for the purchase

Effective 20th April 2024, all transactions made using FLIPKART AXIS BANK Credit Card,

other than the transactions made on Flipkart, preferred merchants, and cashback excluded categories, will earn a base cashback of 1%.

@austin360
@sparkit

 

[Zacobite]

Other cards are also expected?

All ducks in one row.. slaughtered by Axis

 

[its_karan]

Airtel is somewhat still good for 250 cashback.

Mat bolo

kuch bhi achha mat bolo

aur dard saha nahi jaega

 

[prc1990]

5% SBI cashback credit card is best.

First buy Pineperks RuPay gift card from Amazon and now use for offline spend.

Iddhar Pine Wine ka advertisement mat Karo 🦁.

 

[Gaara]

I got Ace card 4 days ago and didnt activated it yet. Already having Airtel Axis. Now never activating Ace. Airtel is somewhat still good for 250 cashback. But Ace is horrible now

 

[Rajat94]

 

[rogerthat]

Come on Axis, do Magnus also. No benefits other than 50 days interest free period.