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Axis Ace Credit Card Devaluation Effective From : 20 April

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Axis Ace Credit Card Devaluation

Ace CC will fetch 1.5% instead of 2%. 

  • All transactions made using ACE Axis Bank Credit card, except the transactions made on GPay, Preferred Merchants and cashback excluded categories, will earn a base cashback of 1.5%.
  • Cashback will not be applicable on utility spends done on platforms other than GPay.


Effective from : 20 April

HD image : https://ibb.co/V...hD

Axis Bank Ace Credit Card Devaluation

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Deal Cadet Deal Cadet
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GJC2wX9XsAAaVfe

GJC2wagWAAM9N-4

Wingman Wingman
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time to cut axis CCs✌️

Finance Ninja Finance Ninja
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Significant Devaluation in Axis Bank's Popular Credit Cards:

📉 Changes Effective: April 20, 2024

Axis Ace Credit Card:

- Unlimited Cashback Reduced: 1.5% on Other Spend (was 2%)

- No Cashback on Utility Bills, except through GPay app

- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months

Axis Flipkart Credit Card:

- Unlimited Cashback Reduced: 1% on Other Spend (was 1.5%)

- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months

Axis Airtel Credit Card:

- Monthly Cashback Limit Reduced:

- Airtel services: 25% Cashback to Rs. 250/month (from Rs. 300)

- Gas/Water/Electricity: 10% Cashback to Rs. 250/month (from Rs. 300)

- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months

Axis FreeCharge Credit Card:

- No Cashback on Utility Bills, except through FreeCharge app

152 Comments  |  
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Deal Lieutenant Deal Lieutenant
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Yes bad move moreover other utility payment will also not fetch rewards so twid payments also gone now. Snapay over.

Benevolent Benevolent
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And huge setback on 2% offline cashbacks.

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Deal Cadet Deal Cadet
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Unlimited cashback on all eligible spends other than transactions on Google Pay or preferred partners has been revised from 2% to 1.5%  Screenshot2024-03-19-21-25-53-204com.google.android.gm-edit
Deal Newbie Deal Newbie
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VERY MUCH DISAPPOINTING

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Talk-Of-The-Town Talk-Of-The-Town
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While you continue to make the most of your Axis Bank ACE Credit Card, we would like to update you regarding a few changes to the features on your Credit Card, effective 20th April 2024:

Unlimited cashback on all eligible spends other than transactions on Google Pay or preferred partners has been revised from 2% to 1.5%.

Utility spends on any other platforms except Google Pay will not be eligible for cashback.

Effective 1st May 2024, access to domestic airport lounges will be based on a minimum eligible spend of Rs. 50,000 in the previous 3 calendar months. In the case of a newly issued card, the minimum spend criteria is waived for the month of card issuance as well as for the following 3 calendar months. For more details, please click here.

For more details on your Axis Bank ACE Credit Card, click here.

Source: Email
Deal Cadet Deal Cadet
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GJC2wX9XsAAaVfe

GJC2wagWAAM9N-4

Deal Cadet Deal Cadet
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yes received same email just now
Deal Subedar Deal Subedar
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Duplicate discussion 

Budding Star Budding Star
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Why?

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Deal Cadet Deal Cadet
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I think it is better to only have flipkart axis card now..
Finance Ninja Finance Ninja
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Effective 20th April 2024, all transactions made using FLIPKART AXIS BANK Credit Card,

other than the transactions made on Flipkart, preferred merchants, and cashback excluded categories, will earn a base cashback of 1%.

@deep 

@arundass007378 

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Deal Cadet Deal Cadet
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Snapay gone

Beacon Beacon
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Now what difference remains for general spends between Flipkart Axis and Axis Ace?

Commentator Commentator
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yes now no difference, only differentiating factor or only point to keep ACE was 2% unlimited CB on offline spends after they screwed the 5% Gpay utility feature to 500 p/m

now it joins Tata Neu Infinity/FK Axis/HSBC CB card.. now HSBC CB card looks good if you are spending min 10k on dining, food delivery and grocery spends per month (1k CB per month as its 10% CB) and have 2L spends yearly (1.5% CB on other spends)...
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Wingman Wingman
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time to cut axis CCs✌️

Commentator Commentator
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so guess the golden era (maybe from 2019 to 2022 to today evening) or the only era when CCs were damn good has come to an end with Axis giving the final credits today, now all back to square one - CC's only use is 30-45days interest-free period 🙏🏻

Generous Generous
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Lol maine fk cancel karke ye kiya tha.. fk ka cb bhi gaya.. and ye fk se bhi bekar ho gaya.. mujhe gpay se bill nahi pay karna jota hai.. aur dusre jagah no cb on utility.. sab mile hue hain jee.. pahle easy diya fir fk cancel karya fir isko devalue kar diya..xd

Finance Ninja Finance Ninja
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Mai hamesa bolta hu 5% SBI Cashback credit card use karo.

Amazon, Zingoy and other site se Amazon gv buy karo and phir Utility bill pay karo.
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Deal Newbie Deal Newbie
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Axis Ace credit card unlimited cashback devalued from 2 percent to 1.5 percent effective 20th April 2024
Generous Generous
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Axis freecharge ka kya scene hai abhi.. wo better hai agar devalue nqhi hua utility par to

Benevolent Benevolent
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ruko uski khabar bhi aati hogi.... airtel, fk, select, atlas & ace to ho gye fc bhi ho jaega
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The PostMighty The PostMighty
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Snapay sob sob sob sob

Generous Generous
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Snapay khud devlaue hua pada hai . Isbar de nahi raha good discount on payment

Generous Generous
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My Flipkart Axis Bank CC is LTF ... shall I take Axis Bank Ace CC as I've offline spends over Rs. 10k before 20th April and I'll close the CC before end of first year

Flipkart Axis Bank CC was my go-to CC for offline spends but now I'm in a complete state of shock ... any other CC suggestion for offline payments? 

Deal Newbie Deal Newbie
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It is not worth the hassle just for ₹50

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Deal Cadet Deal Cadet
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axis ace, Flipkart, privelage sab devalue kar rha ha ,

Budding Star Budding Star
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@Mayavi @admin @ankur2.0 Please move it to the appropriate section 

Beacon Beacon
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HSBC Cashback Card feels valuable now.

Talk-Of-The-Town Talk-Of-The-Town
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Does it work for hsbc discount offers?

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Post Emperor Post Emperor
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MYZONE CC ka bhi ho gya

Deal Cadet Deal Cadet
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What changes on myzone cc?

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Finance Ninja Finance Ninja
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@Sidhi.Baat.No.Bakwas

@akki.akki

With effect from 20th April 2024, the following change will be applicable on your AXIS BANK FREECHARGE PLUS Credit Card:

1. Revision of cashback earned on utility services

No cashback will be provided on utility spends done on platforms other than the Freecharge App.

Spends done on utility services that are not done on the Freecharge platform will not earn cashback.

Benevolent Benevolent
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bola hi tha
Deal Cadet Deal Cadet
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Axis select card

BMS BOGO offer removed

Bigbasket Now minimum order from 2000 to 3000 for 500 discount

Swiggy now 200 off on 1000 from 200 off on 500

Lounge access on quarterly spend of 50,000

8 lacs spend for ltf

Deal Subedar Deal Subedar
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mother of god. what to order for 1000 lol. do we have to order food for multiple days for 200off
Deal Cadet Deal Cadet
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fdcAnother one bites the dust
Deal Newbie Deal Newbie
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ANY NEWS ABPUT AIRTEL AXIS?

Deal Cadet Deal Cadet
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they are doing this with all cards 

Helpful Helpful
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Indian Oil Card Annual Fee Waiver Changed from 50 K to 3.5 L

What a stupid move...

Deal Subedar Deal Subedar
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Maximum People Had This Card LTF, If You Don't Better To Close This n Take HDFC IOCL

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Deal Newbie Deal Newbie
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That's why I've got axis ace offer

Deal Cadet Deal Cadet
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Axis airtel also devalued

Deal Newbie Deal Newbie
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what is that
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