Axis Credit Card Airtel Axis Credit Card is tagging offline mobile phone purchase transaction to "utility" and not awarding any rewards points, is it right?

[darshanp]

I have purchased mobile phone from store using Airtel Axis Credit Card with Rs.36000. when I got the statement, they have tagged this transaction under utility and not awarded any cashback (1%) for that transaction . On enquiring they are telling this transaction comes under utility with the MCC 4812.


On searching 4812 MCC on internet, it seems rightly under mobile equipments etc category. is axis Bank right on putting this transaction under utility section and not awarding any rewards on that?

 

[Abhishek012]

MCC Code - 4812 is misuse mcc code.

Bhul jao kuch nahi kar sakte ho, logo k yaha Car kharidne jate hai toh Insurance MCC Code aa jate hai.

Hotel booking me Rent MCC Code aa jate hai.

 

[soccer]

There've been plenty of complaints on the internet with stores using 4812 MCC and Axis classifying it as utility and denying points/miles/cashback on their cards- it's even happened for Iphone purchases.

You can probably try your luck e-mailing them invoices and ask for 1%. Most folks haven't been successful (going by past posts), but you can try.

Btw, Axis also charges a 1% fee for utility spends over 25K on this card iirc.

 

[rajcasio]

There've been plenty of complaints on the internet with stores using 4812 MCC and Axis classifying it as utility and denying points/miles/cashback on their cards- it's even happened for Iphone purchases.

You can probably try your luck e-mailing them invoices and ask for 1%. Most folks haven't been successful (going by past posts), but you can try.

Btw, Axis also charges a 1% fee for utility spends over 25K on this card iirc.

So..he won't get 1% cashback but will be charged 1% fee
What a LOOT by Axis!!!