Axis bank can't be trusted anymore
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After devaluation of so many Axis credit card, it's really hard to trust Axis bank again.
Magnus card became useless,
Flipkart card giving mere 1.5% cashback on flight and hotel, annual fees reversal impossible to achieve.
Ace card is somewhat ok but 500 rupees caping is less, cashback exclusion category is huge.
Myzone card became completely garbage, Swiggy and Ajio devaluation, paytm Bogo high booking charge.
Axis Bank is on mission to destroy their credit cards
Any further devaluation prediction?
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I disagree slightly. What they offered for magnus was unsustainable.
Ace again 2%offline is too good. So, had to be limited.
They are destroying their reputation for sure. But growing market share also. Lets see what happens in the long run.
The damage they did to their brand is crazy. no sane customer should trust whatever new cards they offer. Now we know they will devalue them after acquiring customers . What were they thinking .
Airtel Axis may not be devalued because it already has cashback capping. Axis might remove swiggy from cashback
Sahi bole Bhai....Jiske Pass Rojgaar Hai Wo Mast Hai, Problem Unhi Ko Hai Jo Berojgar Hai Meri Tarah, BTW Main Money Rotation Wagerh Nhi Karta But Sochta Hu Ki....Agar Mere Pass Job Ho To Main Aag Laga Du Sab Wallet App/Credit Cards Sabko...7-8K Monthly Earn Ke Chakkar Main Kuch N Kuch Sardardi Rahta Hai......
Axis Ace is still good. 500 capping translates to INR 10k per month for utilities+recharges, which is ok. Seems they wanted to eliminate usage for commercial purposes &/or for paying commercial bills (for eg. commercial elec bills are usually way higher than residential bills)
And it still has 2% for offline - which can be used across any store/grocery supermarket offline.
Magnus Edge rewards transfer to partners are now getting blocked
Axis was never trustworthy - not even for bank accounts. Now they have shown their CCs can be good one day, useless next day. Jab tak milta hai enjoy. We have to keep upgrading our CCs, devaluation of certain banks (Axis, Kotak, IDFC, BOB) happens more than others.
any news on cb being changed on axis flipkart axis cc purchases on flipkart? someone created another forum discussion that they arw changing it from 5% to 1.5%
Not reliable.
In Axis mobile app, status of tracking of my credit card is In transit even after 4 years delivered.
Those whose lives are all about finding tricks is the main reason. Had everyone used the cards normally, this wouldn't have been the case.