Axis edge rewards cards devaluation
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Axis bank has revised edge rewards cards with new transaction criteria based on merchant code ie mcc
"Axis Bank Credit Card - Axis Bank Ace Credit Card . Axis Bank Affluent Signature Credit Card , Axis Bank Titanium Credit Card, AxiS Bar 7k Infinite Card, Axis Bank Pride Platinum Credit Card, Indian Oil Axis Bank Credit Card, AXIS Bank Signature Card, Axis Bank Buzz Credit Card, Axis Bank My Choice Credit Card, Axis Bank Neo Credit Card, Axis Bank Instant Neo Credit Card. Axis Bank My Wings Credit Card . Axis Bank Advantage Credit Card, Axis Bank AURA Credit Card, Axis Bank VISA Platinum Credit Card, VISA GOLD, Axis Bank Pride Signature Credit Card, Axis Bank My Zone Credit Card, Axis Bank My Zone Easy Credit Card, Axis Bank Signature Premier Credit Card, Visa Silver, Insta Easy Credit Card, AXIS Bank Wealth Signature Credit Card, Axis Bank Privilege Credit Card
Category
Fuel
Rent
Utilities
Educational
[Merchant Category Codes (MCC)
5541, 5542, 5983
[6513
14814, 4816, 4899, 4900
8211, 8241, 8244, 8249, 8299
Govt.
Institutions
9211, 9222, 9311, 9399, 9402, 9405, 8220
Although thelust is still mum on MAGNUS /RESERVE but it's already a signal for MANUFACTURING spends to not get rewards in the near future
This comes on the back of icici charging extra 1% on rent
Do dimers see any value In paying tor axis magnus and which card would you still consider for benifits like that for magnus
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Sure rent payments are soon going to stop giving rewards across banks and loot in the name of rent is going to end soon
Now credit to bank acc threads would crop up. For a new loot
Magnus is now in line for devaluation+no manufacturing of spends give rewards for all cards and banks by rent and education fee payment game