Devaluation Axis ACE Credit Card Huge Devaluation Alert

[Deleted member 5552]

I earn upto Rs 500 cashback from these categories, so I am sure this won't affect me 😊

 

[Deleted member 5552]

I earn upto Rs 500 cashback from these categories, so I am sure this won't affect me 😊

 

[saucy]

Abhi abhi toh aaye ho..
bahar banke chhaye ho...
5% Zara mehek toh le,
monthly budget behek toh le
Ye billing cycle dhal toh le Zara

Ye month ki 15 toh aaye Zara
Ye dil green credits toh dekh le zara
Mai thodi der ji to lu
Cashback ke ghoont pi to lu

Abhi toh kuch kharida nahi
Abhi toh kuch mila nahi...
Abhi na jao chhod kar
Ke dil abhi bhara nahi 💔

 

[akshayhs]

I earn upto Rs 500 cashback from these categories, so I am sure this won't affect me 😊

It will not affect 80% of the people. I appreciate Axis for not going full throttle and including 2% categories in the 500 maximum tier.

 

[Tosh]

People exploit services > Devaluation

If someone tries to make a living out of these cashback then this is bound to happen. Although I do think the cashback cap should have been back calculated to break even at fee reversal. I like that they capped rather than removing features.

As long as I can get more than 589 cashback through this card in a year I don't mind paying fees.

 

[WandereR]

I earn upto Rs 500 cashback from these categories, so I am sure this won't affect me 😊

Airtel axis would be better in that case. Zomato and Swiggy 10% instead of 5% and 10% utility bills on Airtel thanks. Both having separate 500 and 300 cappings respectively.
Edit: I hope it's not next 🙂.

 

[Abhishek012]

Still a good card for retail users. ₹10k spends per month on bill is ideal for individual user.

Capping is better than actual devaluation.
Also 2% Cashback per month (without any cap) on offline spends is higher than any other card in the market.

No need to pay 10k bill through Axis Ace Credit Card.

You can rotate money through OLA Wallet and get 5% cashback and spend anywhere through Mayamoney RuPay card, trick here

https://www.technofino.in/community/threads/axis-ace-credit-card-get-5-cashback-trick-on-spend-anywhere.11082/

 

[coolanshu1000]

Right, first they marketed card like everything is unlimited and then devaluation just like yes first exclusive

I have not seen marketing of this card anywhere. Moreover, it is one of the most difficult card to get since it is not easily available to apply.

 

[sheru]

I earn upto Rs 500 cashback from these categories, so I am sure this won't affect me 😊

+1, doesn't affect me much as well.

Anyway most of us don't have >10000 bill payment.
So cashback = annual fee is easily achievable.
Plus this card will keep giving 2% for payments offline.
And being core axis card, its eligible in all sales for instant discount whenever applicable.

 

[BVCBVC is verified member.]

Airtel axis would be better in that case. Zomato and Swiggy 10% instead of 5% and 10% utility bills on Airtel thanks. Both having separate 500 and 300 cappings respectively.
Edit: I hope it's not next 🙂.

Devaluation started this year with Magnus, next Vistara cards, FK cards, now ace. Every Axis card on the list of devaluation. Soon it might be Axis Airtel card also.

 

[saucy]

Devaluation started this year with Magnus, next Vistara cards, FK cards, now ace. Every Axis card on the list of devaluation. Soon it might be Axis Airtel card also.

What was the FK cards devaluation?

 

[Rohith_Kumar_Sp]

No need to pay 10k bill through Axis Ace Credit Card.

You can rotate money through OLA Wallet and get 5% cashback and spend anywhere through Mayamoney RuPay card, trick here

https://www.technofino.in/community/threads/axis-ace-credit-card-get-5-cashback-trick-on-spend-anywhere.11082/

I actually have around 7k bills per month electricity, DTH, Internet, Gas and water bill, so your trick was a bonus. Now I guess you need to calculate how much cap remaining and only rotate small amount to fill the 500 cap

 

[Shrinit Padwal]

Abhi abhi toh aaye ho..
bahar banke chhaye ho...
5% Zara mehek toh le,
monthly budget behek toh le
Ye billing cycle dhal toh le Zara

Ye month ki 15 toh aaye Zara
Ye dil green credits toh dekh le zara
Mai thodi der ji to lu
Cashback ke ghoont pi to lu

Abhi toh kuch kharida nahi
Abhi toh kuch mila nahi...
Abhi na jao chhod kar
Ke dil abhi bhara nahi 💔

Abhi tak kuch mila nhi - joining fee ke red credits mile mujhe 🥲

 

[Chaitanya-a]

Devaluation started this year with Magnus, next Vistara cards, FK cards, now ace. Every Axis card on the list of devaluation. Soon it might be Axis Airtel card also.

Axis Airtel is already capped for ₹300 Cashback per month for major categories😂 usse zyada koi gunzaish ni h

 

[BVCBVC is verified member.]

What was the FK cards devaluation?

Devaluation of Flipkart Axis cc

From 5th march,2023 , flipkart axis cc will not give any cashback on gift card purchases and utility bill payments.Hence, the card remains good only for flipkart grocery purchases.🥲🥺 Hope that Axis doesn't do the same with their ACE cc.😴

www.technofino.in

 

[BVCBVC is verified member.]

Axis Airtel is already capped for ₹300 Cashback per month for major categories😂 usse zyada koi gunzaish ni h

Ha ha Axis will come up with some beautiful case scenario and terms. Let's hope that doesn't happen.

 

[coolanshu1000]

Axis Airtel is already capped for ₹300 Cashback per month for major categories😂 usse zyada koi gunzaish ni h

25% ko 15% Kr dena bhi devaluation hoga bhai..

 

[0xfallup]

band karwaunga renewal k time ...3 months hi hua the leke 🙁

 

[karankayastha]

Very Few People are getting this card nowadays this devaluation doesn't make sense

 

[Flashrider]

Another one falls