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AU Card devalue 2.0 | AU silently devalue 5%/2% cashback validity to 30 days.

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Finance Ninja
abhishek012

AU Card devalue 2.0 | AU silently devalue 5%/2% cashback validity to 30 days:

5% & 2% milestone benefit was for 90 days early

Now in the website, I am seeing it is to be renewed every 30 days

Link - https://www.aubank.in/personal-banking/credit-c...

aucard

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Pro Shopping Friend Pro Shopping Friend
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Sab banks silently hi devalue karte hai bas tum hi Dhindhora peet dete ho.

Deal Cadet Deal Cadet
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This card will become absolute shit now 😂

Finance Mentor Finance Mentor
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I would like to update the online benefit calculator is like this for quite some months, I had seen this even in last November.

Here’s a screenshot which was sent to me by a friend on 20 November. Sorry for the terrible quality. 

IMG8004

Additionally I DM’d Au to rectify, let’s see.

Tl;dr This isn’t new and hopefully is just a mistake.

@baludesi @abhishek012

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Deal Cadet Deal Cadet
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Still showing 90 Days for me in the App. However, If this happens, It will be the first Devaluation for Cashback lovers in 2024.

Finance Ninja Finance Ninja
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Ya but on website 30 days showing.
Pro Shopping Friend Pro Shopping Friend
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Sab banks silently hi devalue karte hai bas tum hi Dhindhora peet dete ho.

Generous Generous
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Last part of sentence should be first & first part should be last. 

tum Dhindhora peet dete ho aur Sab banks silently devalue kardete hai. 

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Helpful Helpful
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Fw days back sent msg, no 10x for education fee

Now this milestone offer also sad

I need new cc 

Guys pls tell me, if there is any cc, which giving more than 1% on education fee 

Deal Cadet Deal Cadet
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You can take SC smart , it will be helpful if you could use my referral link

Benevolent Benevolent
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-------------- reserving for ----- code update

Commentator Commentator
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5x/10x and Category wise ones are still showing as 90 days so hoping its a typo but on the other hand if rest are 90 days and milestone is showing as 30days means it doesn't look like a typo as well and they have made it as 30days (devaluation)😌

Deal Cadet Deal Cadet
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This card will become absolute shit now 😂

Hunk Hunk
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Jab koi card muje mil jata hai to uske bad hi devalue kyu ho jata hai. Ye dukh khtm kahe nhi hota be. same happened with fk axis, my zone and now au lit expressionless

Benevolent Benevolent
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@Desidime User next time you think of taking a card, pl inform in advance. we will be prepared.
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Deal Subedar Deal Subedar
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Pay 299+GST to get cb of 500 on spends of 10k.

Overall ~1.5% cb.

Benevolent Benevolent
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Tag me for any changes in Algebra card. I will update the code and generate new plots.
Benevolent Benevolent
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is this for only AU LIT cc or all au cc ?
Commentator Commentator
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only LIT CC has this CB/RPs enable/disable feature i.e. customizable so post is for LIT
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Benevolent Benevolent
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AU be like:

image

Helpful Helpful
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1000038522

Activated yesterday 

Benevolent Benevolent
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Does it mean devalued as said above? 

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Deal Captain Deal Captain
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if this happens au lit is waste
Community Angel Community Angel
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Mine is still active so can't see. If someone doesn't active he can check. But i dont this will happen.

Benevolent Benevolent
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@urmila.contact @Seinfeld

Finance Mentor Finance Mentor
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IMG7997

I do still see for 90 days, but it might be because my 2% milestone CB is already active. All my addons still clearly mentions 90 days.

@abhishek012 it might be an temporary issue, or might be gradual change to be rolled out yet.

However if the price remains the same for 30 days cycle, I am quite sure, nobody will activate and au lit will become a sale time use only CC. Anyways the cc is LTF, so nobody will cancel yet. But AU will know that they are no longer a major player in cc business.

I guess major devaluation of Au Lit was bound to happen. I was using it more than my hdfc Infinia, leave aside SBI CashBack card. Even au lit users didn’t care about the high end ccs of Au like zenith. I am still thankful for the 1 year I have been able to get too good returns on this undervalued Card. If I remember correctly SBI CashBack got devalued in 6 months.

@baludesi

Deal Cadet Deal Cadet
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I was about to buy AU LIT... now it became a useless card

Validity from 90 days to 30 days is a huge disappointment from AU Bank 

Finance Mentor Finance Mentor
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I would like to update the online benefit calculator is like this for quite some months, I had seen this even in last November.

Here’s a screenshot which was sent to me by a friend on 20 November. Sorry for the terrible quality. 

IMG8004

Additionally I DM’d Au to rectify, let’s see.

Tl;dr This isn’t new and hopefully is just a mistake.

@baludesi @abhishek012

Deal Newbie Deal Newbie
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Seems about right. Otherwise it doesn't make sense to activate feature on AU card. 
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Talk-Of-The-Town Talk-Of-The-Town
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Offtopic;

@abhishek012 bro rupay offer extend hoga kya??

Pro Tech Guru Pro Tech Guru
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5% Cashback on Electronic is Removed Not the one you posted .

Finance Ninja Finance Ninja
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SS ?
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Deal Cadet Deal Cadet
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Devaluation ka plan hota sabhi ke paas hai; sab chupa ke rakhte hai; suru me bolta koi nai.

Helpful Helpful
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BEWARE, now they also have a Auto-Renew option enabled by default for these benefits. Its hidden way down in the cashback add-on benefit details page. You have to literally scroll all the way down to reveal that.

Deal Cadet Deal Cadet
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If I disable it now, will it disable instantly, or will it work till Expiry?
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Deal Newbie Deal Newbie
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Any card which gives more that 1% on all other spends. Currently i have apay icici which is giving 1%.

Helpful Helpful
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Axis fk, hsbc cb 1.5%

Axis ace 2%

There r so many other cc


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Generous Generous
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aaj tuk mujhe AU bank me AU k full form nahi mila

Deal Newbie Deal Newbie
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Still Showing 90 days

Deal Newbie Deal Newbie
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Only benefit I got from au debit card..I got premium lounge access in Bangalore airport..all rush was in other lounge and very few people was in premium..150 annual charge wasool stuck_out_tongue_closed_eyes stuck_out_tongue_closed_eyes

Benevolent Benevolent
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Lounge name ?
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