Axis Myzone devaluation ( yet not officially confirm)
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With effect from 14 thAugust 2023, the following changes will be applicable on your Axis Bank My Zone Credit Card: 1. Change in the minimum cart value to avail Swiggy discount: 2. Changes to the Miles Transfer Program: Minimum cart value to avail Swiggy discount has been changed from INR 200 to INR 500 per order Rest of the details remains as below: • INR 120 discount at Swiggy app/website on food delivery • Applicable on minimum transaction amount of INR 500 per order • Offer will be applicable twice a month • For availing the discount, use code “AXIS40” at the time of checkout • Total EDGE Reward Points that can be converted to Partner Points in a calendar year is capped to 5,00,000 EDGE Reward Points per customer ID. For the year 2023, customer can convert 5,00,000 EDGE Reward Points from 14 th August 2023 – 31st December 2023. • For each of the airline/hotel transf er partners, customers can only link 1 partner program loyalty ID for each partner at a given point of time • If a customer wishes to link another ID, the primary/existing linked ID will then get delinked by default • For every individual partner program, the customer needs to wait for a period of 60 days after updating partner loyalty ID with Axis Bank Travel Edge in order to update secondary/new partner loyalty ID • You can continue redeeming your accumulated EDGE Reward Points by transferring them to 19 international and domestic airline and hotel partners • There is no change in the transfer ratio for My Zone Credit Card • For more details, visit https://www.axisbank.com/miles-tra...r/
Those poor people with Axis Reserve...
Explain to me how has it become useless for swiggy now?
Was so useful for Swiggy orders... now I hope Airtel Axis card does not get devalued also!
if it gets devalued I'll close it instantly. no point in paying ₹590 / year if the benefit is less than ₹3000/year
Another Bad news, hope atleast Paytm Movie offer stays..
Looks like Credit card party is about to over in India , even Co-branded cards will have same fate
in 1-2 years rewards will be merely 0.50-0.25% .....
May be Amazon Icici card may follow same path
Ace card : Capping on 2% unlimited CB
Airtel card : 15% CB on Airtel spends
Annual fee spend waiver from 2L to 3.5L for both
If u have myzone card, it will be easier to upgrade to another axis bank card. Co-branded cards can't be upgraded.
500 minimum order on Swiggy is nuts...
If mov on swiggy is increased to 500
And discount capping remains same as 120 then how is it 40%?
It's not 40% , actually they whitened that AXIS40 line in pdf but while copying it came
- INR 120 discount at Swiggy app/website on food delivery on 500 min cart. That's 24% instead of 40% earlier.
- Offer will be applicable twice a month. Earlier it was 4 times, so total discount reached 480 on 1200, but now its 240 on 1000.
- For availing the discount, use code “AXIS40” at the time of checkout
Seems like lazy devaluation bums at axis forgot to modify coupon AXIS40 to either AXIS120 or AXIS24😝
In pdf that line is hidden, AXIS40 one
Crazy de-valuation. I think this card is the worst hit. 40% Swiggy discount reduced to 24% and MOV raised to ₹500. They have lost their collective minds. I am not going to order from Swiggy for 24% discount. Raaste ke dhaabe se khana ka lunga agar ghar ka nahin khana kis din, for a change.
I applied for it yesterday. Tell me now how to cancel it please.
The CIBIL check might have already happened. It happened in my case when I applied for IOCL Axis recently. Requested cancellation as I got second thoughts though it was applied as LTF just for the Rupay card. @rockhandsome
I have 3 axis card , flipkart Paid, Myzone LTF , Airtel Paid. I will close AXIS flipkart finding no value now as The annual fee charged on this card will be waived off if you spend more than INR 3,50,000 in a year, will still keep Myzone as its Ltf will work during Sale.
i think bad move by Axis. this card was having limited benefit that also got forfeited.
12 AUG - 14 AUG why two days Gap in FK axis and MyZONE...Sath me kar dete ..saath me feke jaate ab 2 din rukna padega fizul me😬
Axis Bank link not opening
Will happily close all banking relationships with Axis which I was trying to do since many years now...
Had got MyZone ONLY for Swiggy like many of you (if not most).. Since the card is LTF for me, I will not close it but after this, the card will remain totally useless...
@ OP kindly provide the proper source link. The link you have shared has nothing to do with MyZone...
On the official MyZone link, nothing like these are mentioned though : https://www.axisbank.com/retail/cards/credit-ca...
The link was working yesterday, today its throwing 404
Another axis card became useless .