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No Cashback on Rent Payment from 15 Mar 22 on Axis Credit cards (both on Flipkart & Ace)

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ashmail123957

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Like Magnet Like Magnet
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Every bank is slowly becoming like Indian Govt They will not leave one loophole for customer to earn/save money.
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Deal Subedar Deal Subedar
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Where is this from?

Like Magnet Like Magnet
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Every bank is slowly becoming like Indian Govt They will not leave one loophole for customer to earn/save money.
Spearhead Spearhead
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So, if I pay rent this month with my Axis-Flipkart credit card, will I get cashback?

Pro Entertainer Pro Entertainer
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shriAyodhya wrote:

Every bank is slowly becoming like Indian Govt

They will not leave one loophole for customer to earn/save money.

Ayodhya hai aur loophole dhoondhta hai… Arre, aisse hi ram rajya sthapit hoga… Jai Sri Ram.. smile toungueout

Deal Cadet Deal Cadet
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NeoM wrote:

So, if I pay rent this month with my Axis-Flipkart credit card, will I get cashback?

@ashmail123957 has mentioned both Axis Ace and Flipkart card T&C so yes its applicable.

Deal Subedar Deal Subedar
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shriAyodhya wrote:

Every bank is slowly becoming like Indian Govt

They will not leave one loophole for customer to earn/save money.

This loophole was used to exploit the system by rotating money to earn cashback and reach annual spend targets…… and yes like government they also need to plug these loopholes to survive…..

Deal Cadet Deal Cadet
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Even wallet loads are not eligible now sweat_smile

Like Magnet Like Magnet
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sahilshah181585 wrote:

Even wallet loads are not eligible now sweat_smile

Wallet reload was excluded from the beginning

Critic Critic
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Knight11 wrote:

oh, they should have sent the mail also to cardholders.

Not required…
They can very well hide this info in the monthly statements

Deal Cadet Deal Cadet
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So currently, Does ICICI Amazon seems to be best for rent payment?

Deal Subedar Deal Subedar
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saxena_ wrote:

So currently, Does ICICI Amazon seems to be best for rent payment?

Paytm first citi on Paytm gives 3% cashback at 1% charge. No limits.

Deal Subedar Deal Subedar
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How to find the MCC number in the statement.

This will help to know if MCC 6513 is applicable as using Payzapp as Rent payment, as i see some other name.

Critic Critic
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Loveall wrote:

How to find the MCC number in the statement.

This will help to know if MCC 6513 is applicable as using Payzapp as Rent payment, as i see some other name.

You can’t, such details are not available in typical customer statements. Only sure shot way to know is by experimenting.

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If we make rent payment on paytm via axis ace will it be counted as wallet load or will we get 2% cashback?

Hunk Hunk
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shriAyodhya wrote:

If we make rent payment on paytm via axis ace will it be counted as wallet load or will we get 2% cashback?

depends on what mcc code paytm sends to the bank in the txn.

as @guest_999 said above, only sure shot way to know is by experimenting.

Deal Newbie Deal Newbie
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so this is applicable post 15 march and this month, we will get 2℅?

Hunk Hunk
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pectel.xyz wrote:

so this is applicable post 15 march and this month, we will get 2℅?

yes

Deal Cadet Deal Cadet
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Now, the game over…

Finance Mentor Finance Mentor
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https://cdn0.desidime.com/attachments/photos/741705/medium/IMG_20220210_113052.jpg?1644472864

Deal Cadet Deal Cadet
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Thanks for the post, did rent payment today via Freecharge.
Freecharge will send ₹200 for Axis credit card and FK Axis gives 1.5%

If anyone knows, any loops let me know

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