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Axis Myzone devaluation ( yet not officially confirm)

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Generous
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https://www.axisbank.com/docs/default-source/de...


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/
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Generous Generous
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@Rosh_0007

Please update thread title prefix as 'Not confirmed'

Dimer of The Year 2022 Dimer of The Year 2022
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@admin

Generous Generous
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Accha hua reject kar diya tha

Helpful Helpful
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I have Neo & MyZone... Both LTF cards...Neo card got expired last month & they still didn't ship me the renewed card.. I use Neo in Zomato offers but now unable to use it...Since the card is expired, it's not even showing in both the app & the net-banking.

Complaining to customer care, twitter support, Nodal office, even Principle Nodal Office since the middle of last month yielded only fake robotic responses... So, after a lot of trying, complained to Ombudsman 2 days ago...

I don't know why should a customer have to complain & even request to get the renewed card, as all the banks in India ship renewed cards before the expiry of the current cards, BUT Axis will always have to be on another level in terms of customer service.

Now after the MyZone jhatka... I was using MyZone extensively on Swiggy but 500 minimum order value will stop me from using the card again.

Earlier they also increased the AMB to 12k from 10k & now all these BS.

Since the cards are LTF, I will not close the cards but will remove all my balance to other banks after I get this Neo card delivery issue sorted out.

After I sent the complaint to PNO, Instead of resolving my issue, their Principle Nodal Office calling me & asking me if I have any loan requirement. Lol...Bunch of morons...

I have Axis savings account since 2003, my first savings account with any bank, so I did not want to close, but their service is forcing me.

P.S. Will wait for the official announcement from Axis about this MyZone devaluation issue, as Axis has currently removed their new T&C link for this card, but I think it's coming soon, very soon.

Talk-Of-The-Town Talk-Of-The-Town
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To think my premium service bank Citibank account is going to move to these Acis buffoons sad

Deal Cadet Deal Cadet
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okay guys.. which is the best card for Swiggy now?

Heart of Gold Heart of Gold
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For swiggy I have this card and now no use

Deal Cadet Deal Cadet
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Seems like arcus Bank is going bankrupt... All CCards of axis are happening like this

Comrade Comrade
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This is bad move from axis

Wishlist Champion Wishlist Champion
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I.e. Axis Bank Wale Stopped Calling From Past Few Days
May be some good things I have done in the past I was applying for axis my zone now thinking closing axis account

Post Emperor Post Emperor
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Axis may get so much devalued in coming days that they may even start collecting reward points from customers and may become the world's richest bank-Axis CEO and his devaluation team

Deal Cadet Deal Cadet
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Is this true that axis has pulled back myzone devlauation of swiggy. Because pdf is removed from axis website

Coupon Baba Coupon Baba
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Good move if true... nobody will take even as LTF if they bring those rules

Deal Newbie Deal Newbie
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How to close this card now 🤔

Deal Cadet Deal Cadet
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I was thinking of moving my salary account to Axis (from Citi) so that I could request for a good card. Will not do it now if they kill all their credit cards.

Deal Lieutenant Deal Lieutenant
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Any one facing this

From yesterday axis40 coupon not workingScreenshot20230715-172703Swiggy
Deal Subedar Deal Subedar
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Working fine for me. You might have exceeded 4 times in your account.

Deal Lieutenant Deal Lieutenant
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Let us rate there app as as 1 star and show the revolt.

Deal Subedar Deal Subedar
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Time to close it biggrin 

Deal Cadet Deal Cadet
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I only kept this card for 1 + 1 movie tickets.

Talk-Of-The-Town Talk-Of-The-Town
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I reading on Google news. Axis Bank is closing credit card which are using it business purposes. They are writing emails to those person which uses in lakhs and asking them to authenticate these expenses as they are personal otherwise blocking card. Please beware from spending some extra ordinary expenses. Axis Bank is going in losses. To curb in losses they are closing of cards. So I think they lowered rewards point value.

Benevolent Benevolent
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Such offers are anyways un-sustainable and are bound to close after they have achieved the credit card membership sale target. Therer cannot be a financial model to sustain such credit card offers

Helpful Helpful
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Screenshot20230802122759

It's finally official...Got this email just now from Axis...From 1st Sept onwards, these will come into effect..

I also have their Neo card which was expired in June but they still didn't ship me the renewed card even after complaining to Nodal Office, Principal Nodal Office & even complaining to RBI Ombudsman yielded zero result..

Neo card has some offers on Zomato, so was using the card there, but can't use now as the card is expired, and now won't be able to use MyZone on Swiggy too from next month...

I have a 20 years old Prime savings account with them & will close all my banking relationships with them.

Deal Subedar Deal Subedar
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Are they still issuing Neo cards?

Generous Generous
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With effect from 1

st September 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. Revision in calculation of milestone benefit for paid cards:

3. Changes to the Miles Transfer Program:

• Minimum cart value to avail Swiggy discount has been changed from INR 200 to INR 500 per order

• Flat INR 120 discount at Swiggy app/website on food delivery orders above INR 500

• Offer will be applicable twice a month per user ID on Swiggy

• For availing the discount, use code “AXIS120” 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 1

st September 2023 – 31st December 2023.

• For each of the airline/hotel transfer partners, customers can only link 1 partner program loyalty ID

for each par

Deal Subedar Deal Subedar
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So the swiggy devaluation will happen from Sept 1 and not from Aug 14 as mentioned in op earlier? Can you please confirm?

Got an sms today about tncs changing from Sept 1, but the link sent by them is broken rolleyes

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Savings Mentor Savings Mentor
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Everyone who's on Twitter at least post an angry tweet to @ AxisBank (on Twitter, not the user here) about the MOV raised to ₹500. It's insane and greedy. Every order on which discount is capped at ₹120 now, they expect us to order ₹500 food? I might as well order directly from a nearby restaurant which gives free delivery at lower food item price than ₹500 and no commission of Swiggy. The whole value proposition of My Zone was that it helped us save on Swiggy fees and overpriced restaurant food. Now I will keep Greed Zone unused mostly for festive offers/discounts.

Deal Cadet Deal Cadet
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Currently myzone increased 500 as minimum spend and changed the coupon from axis40 to axis120

Seems like it's happening from sep1. Time to close the card

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