Axis Ace CC devalued! Still worth it to pay for it?
Hi guys
Axis Ace CC has been devalued now. Rental & insurance payments have been excluded now from cashback.
Quick glimpse from new T&C
Cashback shall not be eligible for following spends/transactions on the card,
o Fuel Spends
o EMI transactions
o Purchases converted to EMI post facto
o Wallet loading transactions
o Cash advances
o Payments made through MCC 6513 ( payment of management fees, rental
commissions, rental payments or any such payments through MCC 6513)
o Payment of outstanding balances
o Payment of card fees and other card charges
W.e.f. September 15th, 2022, cashback shall not be eligible for payments made towards
purchase of gold/jewelry items(all transactions made on MCC – 5944) and insurance premium
payments (all transactions made on MCC – 6300).
Currently I have Amazon ICICI CC that gives me at least 1% all across. The differential is +1% on Ace (+ straight cb in statement rather than amazon wallet). Is it still worth it to pay for ace CC at roughly (499+GST ~~ 600 approx)?
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Yes depending on spending pattern.
Yes it's worth it. Pay rent and insurance from other cards. Anyways rent and insurance payments give more benefit on milestone focused cards like Axis Magnus or SBI Prime
Amazon ICICI still gives 1% CB on all txns nonetheless which gives me whatever best I can accrue.
How to get Flipkart Axis LTF? Last time when it was LTF, My card was rejected.
AXIS ACE is the best card to have ....
Utility Bills + GAS Cylinder - 5% .... no limit
all other transactions 2% .... no limit ...
no other card can give you this much CASHBACK yield ..
Does this include wallet loads and offline transactions?
Can use for bill payment recharges via GPAY can get 5% cash back
In my opinion ACE is the best card for GPAY transactions
W.e.f. September 15th, 2022, cashback shall not be eligible for payments made towards
purchase of gold/jewelry items(all transactions made on MCC – 5944) and insurance premium
payments (all transactions made on MCC – 6300).
I have LTF Flipkart Axis, is it worth getting Ace too? I have Axis Neo LTF, was thinking of closing that and getting Ace non-LTF afaik. I also have a citi cc so I’ll probably get another Axis CC next year (sad about losing Citi CC)