Axis Ace Credit Card Devaluation Effective From : 20 April
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
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Last updated by: Rosh_0007
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Revision in Credit Card Domestic Airport Lounge Access Program
We would like to update you regarding a change to the domestic lounge access feature on your Credit Card:
• 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. *
Please note that an upgrade to a different card product will not be considered as new card issuance.
However, a card issuance, in addition to the card you hold, will be considered as new card issuance. *
• You can check spends from your billed transactions in previous 3 calendar months, available through
Net Banking and Mobile Banking App, open
• Upon spending the necessary amount in all the above scenarios, you will be eligible for the
complimentary lounge accesses available on your Credit Card. The number of complimentary visits
and the specific lounges you are eligible for, will depend upon the Card you hold. For more details,
please click here.
• The spend based criteria is waived for Burgundy Private Credit Card, RESERVE Credit Card, and
ATLAS Credit Card
Axis Bank Credit Card Devaluation
VERY MUCH DISAPPOINTING
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
Duplicate discussion
Why?
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%.
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)...
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 🙏🏻
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
Amazon, Zingoy and other site se Amazon gv buy karo and phir Utility bill pay karo.
Axis freecharge ka kya scene hai abhi.. wo better hai agar devalue nqhi hua utility par to
Snapay 
Snapay khud devlaue hua pada hai . Isbar de nahi raha good discount on payment
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?
It is not worth the hassle just for ₹50
axis ace, Flipkart, privelage sab devalue kar rha ha ,
Does it work for hsbc discount offers?
MYZONE CC ka bhi ho gya
What changes on myzone cc?
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.
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
Another one bites the dust
ANY NEWS ABPUT AIRTEL AXIS?
they are doing this with all cards
Indian Oil Card Annual Fee Waiver Changed from 50 K to 3.5 L
What a stupid move...
Maximum People Had This Card LTF, If You Don't Better To Close This n Take HDFC IOCL
Axis airtel also devalued
time to cut axis CCs✌️
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