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Axis privileged credit card closing

shub

TF Buzz
I'm holding axis privileged credit card since 1 year having limit only 50k..
Also have AXIS ACE and now AXIS SUPER ELITE..all limit shared..
Is it good decision to close axis privileged card as next month annual renewal fees of 1770 will applied?
Any specific reason why not to close this card
 

NikunjP

TF Premier
VIP Lounge
I'm holding axis privileged credit card since 1 year having limit only 50k..
Also have AXIS ACE and now AXIS SUPER ELITE..all limit shared..
Is it good decision to close axis privileged card as next month annual renewal fees of 1770 will applied?
Any specific reason why not to close this card
Axis Privilege is not a good card for most of the people at price of 1770 Rs. You can just close it and get another card of 500+ Gst.
 

shub

TF Buzz
limit increase, apply c2c with better limit card and try for merge later. Customer threat depends on our communication skill, representative knowledge, their communication skills. It might or might not work, but give it a try.
today i had talked with cc with request to close privileged, they offered 5k edge reward point ..now i have 8k edge reward, now what next?
 

shub

TF Buzz
ok
Redeem in multi-brand vouchers and close it. Still it is not worth IMO. Same for SuperElite, I don't know why you applied but not useful w.r.t rewards.

Privilege benefits:

- Helps you unlock multi-brand vouchers where 1 Edge Reward Point = 0.40p
- This Benefit is applicable upon achieving spends milestone of Rs. 2.5 Lakh.
- Otherwise 1 Edge reward point = 0.20p
- Helps if you have other Edge Reward Cards like Select, Magnus where it provide much higher reward rate.

Other than these, this is just 1% card.

My suggestion: Close it, if you have more than 1% cards else keep it. Its up-to you
 

shub

TF Buzz
ok bro, post credit of edge reward, i will redeem and then close..
And for super elite..
- 590 is fees, and 500 supercoin will credited post fees pay..
-For 100 spends on Flipkart 16 supercoin for plus..
- pizza hut, Domino's, McDonald's, swiggy and many more deals with supercoin..
- 250 rps Flipkart voucher can be easily claimed with 25 supercoin+ 225 rps..
 
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