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Axis Ace Devalued to Rs.500 cashback per month w.e.f June 15th 2023

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Talk-Of-The-Town
jonsnow18
All the purchases (minus returns and refunds) made by you using the Card will be eligible for rewards as provided below: Spends on Reward Max cashback Bill payments (electricity, Cashback water, gas, LPG, and broadband), DTH and mobile recharges through Google Pay, Swiggy, Zomato and Ola : 500 capped Cashback

Other merchants : 2% Cashback Unlimited

The following MCCs have been excluded from cashback eligibility (fuel, wallet load transactions, payment of property management fees, rental commissions, rental payments, watch, clock, jewelry, and silverware stores related payments, insurance premium/ insurance related payments or any such payments made through following MCCs): 6012, 6051, 5541, 5983, 5542, 6011, 6540, 5944, 6300 and 6513. W.e.f 15th June, 2023, MCCs 6381, 5960, 6012, 6051, 8299, 8211, 8241, 8244, and 8249 will also be excluded from cashback eligibility.

Effective from 15 June 2023
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124 Comments  |  
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Deal Newbie Deal Newbie
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Rate of Cashback on tax payment?

Spearhead Spearhead
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Did anyone recharge airtel fiber with ace cc? This also eligible for 5% cb?

Critic Critic
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Should get it as airtel broadband available as biller in broadband category on google pay.
Post Tycoon Post Tycoon
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I knew this may happen anytime soon....

So I applied au lit card

I pay 600 for 3 months, means 200 per month effectively

I get 2 percent cashback upto 1000 and 2.5 % value of rewards points redeemable at amazon and etc...

Meanse upto 50000 expensive u get 4.5 % return and after that 2.5 %

Most importantly it is for any online spend on any website... Screenshot20230506075128AU0101

Deal Newbie Deal Newbie
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RIP

Axis Ace Credit Card pray

Helpful Helpful
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7kplzv

Deal Hunter Deal Hunter
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They'll make it ltf after some time

Deal's Advocate Deal's Advocate
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Bad news

Helpful Helpful
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7kpjpd

Deal Cadet Deal Cadet
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banks will devalue cc if users misuse it. Nobody house electricity bill can be 80k,max it can be 10k.So it was commercial use or paying others electricity bills to earn money(again commercial). I pay around 5-6k in summers but i have relocated and my bill will be more as now bill comes for 2 months instead of one. Axis should have banned the 80k customer cc as they were misusing it and not devalued it.

Generous Generous
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Ho sakta hai.. agar u have renters also under same meter.. my own house 12k to 15k monthly  where 6 flats are with renter. Out of 9

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Generous Generous
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Off topic..Axis freecharge will give 5% on fasttag recharge in freecharge? Anyone did?

Deal Cadet Deal Cadet
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Effective from June 15th means what? Transactions done after this date will count in 500 limit or bills generated after June 15th? 

Helpful Helpful
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Still nobody is sure that we can do unlimited transactions till 15th June?

Generous Generous
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Have received Cashback of only 213/- for transaction of 55k done in May. I have recd reduced CB or Is this CB of previous month?

Talk-Of-The-Town Talk-Of-The-Town
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Previous month cb is processed in next month's bill
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