Flipkart axis card changes

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Deal Cadet
suhagkmaru387

https://campaign.axisbank.com/generic/fk-reward...

lots of changes happneing in flipkart axis card from 5th march 2023

1. With effect from 5th March, 2023, following revisions will be applicable on your Flipkart Axis Bank Credit
Card:
 1% transaction fee (plus 18% GST on transaction fee), capped at Rs.1500 per transaction, will be
applicable on all transactions made towards payment of property management fees, rental
commissions, rental payments or any such payments made through MCC 6513.
 A Dynamic Currency Conversion (DCC) markup fee of 1% (plus 18% GST on markup fee) will be
applicable on each overseas transaction performed through Indian currency.
 Utility bill payments, insurance premium payments, education payments will not be eligible for
cashback.
2. Any cashback already earned on above stated categories before 5th March, 2023, will remain
unaffected.
3. This cashback is credited against the outstanding of the next monthly statement. An SMS will be sent
every month which has the total amount of cashback earned in that statement. SMS of cashback
earned won’t be sent after every transaction.

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very weird  

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