Hot Deal

For Axis cards, Rent and wallet transactions will not considered for Spend based benefits like Annual fee waiver or Milestone voucher

1097°
Deal Cadet
Digitalguy
W.e.f. 05-03-2023, For Axis credit cards, Rent and wallet transactions will not considered for Spend based benefits like Annual fee waiver or Milestone voucher

W.e.f. 05-03-2023, following revisions will be applicable on your Axis Bank Credit Card:

 A rent surcharge fee of 1% capped at INR 1,500 per transaction will be applicable on each rental transaction. Taxes will be applicable as notified by Government of India.

 A Dynamic Currency Conversion (DCC) markup fee of 1% plus taxes will be applicable on each International transaction performed in Indian currency at International location or transactions performed in Indian currency with merchants located in Indian but registered in a foreign nation.
o DCC markup fee will not be applicable on Burgundy Private Credit Card

Spends threshold for Milestone benefits will exclude rent and wallet transactions:
o Revision will be applicable on Axis Bank Privilege Credit Card, Axis Bank Select Credit Card, Axis Bank Magnus Credit Card, Axis Bank Atlas Credit Card.

Spends threshold for Annual Fee reversal will exclude rent and wallet transactions:
o Revision will be applicable on Axis Bank Privilege Credit Card, Axis Bank Select Credit Card, Axis Bank Pride Platinum Credit Card, Axis Bank Pride Signature Credit Card, Axis Bank Titanium Credit Card, Axis Bank Platinum Credit Card, Axis Bank Indian Oil Credit Card, Axis Bank Magnus Credit Card, Reserve Credit card.

 Insurance spends will not be eligible for EDGE REWARDS
Expired
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
45 Comments  |  
31 Dimers
  • Sort By
Tech Guru Tech Guru
Link Copied

Niceee @abhishek012

Finance Ninja Finance Ninja
Link Copied
Yes, nice move by Axis bank, VU 👍🏼👍🏼

But utility bill pay bhi exclude kar dena chahiye Milestone benefits and Annual Fee reversal me.
View 7 more replies
Benevolent Benevolent
Link Copied

Thanks , Vu

Generous Generous
Link Copied

Anyone know about sbi?

Critic Critic
Link Copied

@demerius2020

Deal Cadet Deal Cadet
Link Copied

Following spend will be added in some years - Insurance, Utility payment, Education fee, Municipal tax payment, government transactions and Gift voucher (especially wallet pay)

Helpful Helpful
Link Copied
Education and government already added last month i paid ₹4000 for education didn't get any reward points
Benevolent Benevolent
Link Copied

Aur kar lo misuse.You killed the goose that used to lay the golden eggs.Ek number move by Axis! Brilliant! Outstanding! raised_hands

Generous Generous
Link Copied

-for wallet best is amex mrcc 3.8% overall

-thinking of closing this card if spend not met for SBI cashback 5% , for offline bob primiere give 2.5%

axis did had some offers and that axis grab website , anyway i already have myzone LTF for that 

Deal Cadet Deal Cadet
Link Copied

2.5% for all offline spends ?

View 2 more replies
Deal's Advocate Deal's Advocate
Link Copied

plus1

Deal Cadet Deal Cadet
Link Copied

Now which bank credit card allow rent payment ?

Critic Critic
Link Copied
Many banks do but with extra charge & monthly limits.
Commentator Commentator
Link Copied

It feels pointless to take credit cards with annual/renewal fees with so many categories excluded from reward points. Best to take LTF only cards for the most.

Finance Ninja Finance Ninja
Link Copied
We can still use Axis Magnus and Axis ACE credit card on BharatNXT app (use cc to bank option) to complete Axis Magnus Milestone benefit or 2% cashback for Axis ACE credit card.

Bharatnxt app details here - https://www.desidime.com/deals/free-credit-card...
View 8 more replies
Deal Cadet Deal Cadet
Link Copied

so game over for nps and advance tax payments ?

Helpful Helpful
Link Copied

30k Lic payment ke liye which card will give max benifits 

Wingman Wingman
Link Copied

Buy gv using sbi cashback card

Deal Newbie Deal Newbie
Link Copied

Just got magnus approved and this 🥺

Deal Cadet Deal Cadet
Link Copied

I have axis vistara signature credit card. If I make lic payment by using the card, will it be considered for milestone benefits?

The PostMighty The PostMighty
Link Copied

Was going to upgrade the axis card .. will now avoid ... stuck_out_tongue_winking_eye sweat_smile joy

The PostMighty The PostMighty
Link Copied

Same here..I will close my 2 cards after this move- axis ace and axis flipkart

Deal Newbie Deal Newbie
Link Copied
I will close axis fk very soon
Deal Newbie Deal Newbie
Link Copied
And also sbi cashback
Deal Cadet Deal Cadet
Link Copied

@abhishek012 bhai,  yesterday you already tagged and informed axis bank and axis bank support about this loophole on Twitter.  So now snapay & bharatNXT gone. rolleyes

Finance Ninja Finance Ninja
Link Copied
why gone ? both are working.
Deal Cadet Deal Cadet
Link Copied

Cna anyone share the link for the same..for magnus axis website pe still not changed..

Helpful Helpful
Link Copied

Is this changes for Flipkart axis card also?

replyuser
Click here to reply
Reply