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Axis bank has blocked all rental payments on credit card

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VirendarBang1

Just learnt that Axis bank has decided to block all rental payment websites for transactions using Axis credit card. ie; Freecharge, Nobroker, PayTM, Magicbricks etc won't work for rent payments henceforth. Time to ditch Axis credit card.

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Deal Subedar Deal Subedar
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true, my payments have been failing for past 4 days 😄

Deal Subedar Deal Subedar
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whats the source?

Deal Cadet Deal Cadet
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Source?

Deal Newbie Deal Newbie
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Source: Contacted Axis bank customer care over phone and also on twitter. Twitter response: Hi, we wish to inform you that the rental transactions are being declined as per banks internal norms. Regards, Team Axis Bank

Deal Cadet Deal Cadet
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How about Cred?

Critic Critic
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WTH do these Axis blokes think of themselves! 😵‍💫

Bdw my Cred rent n Nobroker pymts went thru day before itself.

+🔥 for attn

Deal Newbie Deal Newbie
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Yes, Axis bank has blocked all the rent payments through NoBroker, CRED, Paytm, Housing, Magic bricks.

When contacted the support they said Rent payments transactions are listed to be blocked for security reasons.

Too bad

Deal Cadet Deal Cadet
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I have done a rent payment yesterday using CRED + Axis Ace card and it was successful. Not sure if its card specific OR use specific.
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Deal Cadet Deal Cadet
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Currently rent payment received is not showing as income in AIS, may be this could be the reason

Deal Cadet Deal Cadet
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I have 2 axis cards.. both are not working for rent payments….
Customer care said Rent payments stoped by the Bank..

At the same time Axis Bank giving 500 Cashback on Cred for rent payments..

Not able to understand this rubbish policy

Deal Cadet Deal Cadet
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it’s user-specific. How many rent payments did you make per month?

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