#devaluation

I recently got a message about airport lounge access spend based criteria on BOB Eterna card (pdf attached). I was only using this card for unlimited lounge access. With new criteria to kick in in January 2025, shall I close this card? I am not expecting an expense of Rs40,000 on this card in...

RuPay Platinum debit Card - Lounge access devalued: RuPay Platinum Debit Lounge program will be effective from quarter starting 1st July 2024. In the RuPay Steering Committee (SC) Meeting held on 28th May 2024, the updated proposition for RuPay Platinum Debit Card was discussed and the SC...

Bad news: No cashback on rent payments. It's not surprising, but it's Apay. 😢

Kindly note, some of the features and terms of your FIRST Wealth Credit Card will undergo changes with effect from 1st May 2024: Important update regarding your lifetime free FIRST Wealth Credit Card A lifetime free Credit Card loaded with benefits! Grab offers and discounts on your favourite...

Axis Bank announces revision in AMB requirements for "PRIORITY savings account" w.e.f 1st Apr 2024. Previously it was ₹2L AQB, now it's ₹2L AMB. Few minor changes in cash trxn and in case of no "salary credit" HDFC Preferred is way better than this, IMO.

Yes Bank has hiked the quarterly spend target for lounge access on YES Reserv from 10k to 35k. Received email today. Changes effective July 1, 2024.

Got following SMS from Axis Some of the features and Terms and Conditions on your Axis Bank Credit Card no. XXXXXX will be revised w.e.f. 20-04-24. For details, visit Axbk.in/XlpPIBUvnEg Basically, the devalued cap for utility spends and Airtel related spends to Rs.250 and add restriction for...

The axis magnus is officially dead. Axis bank has announced major devaluations and discontinuation of offers effective from 20-04-24. Some highlights: Buy-one-Get-one free movie/non-movie ticket (up to Rs. 500 off on the second ticket) offer on BookMyShow will be discontinued. • 24*7...

On a lighter note, , looks like Axis Bank could have waited a bit more & continued to offer benefits on Reserve & Magnus. A whopping 41% growth in profits vs last year. Net interest margins are stable too. Increase in marketing spends (the line item where the perceived hit is taken) is also in...

Update with the revised official devaluation, this call for action makes no sense now 🙏 Axis has played fair this time crediting all pending ER by Aug 10 including those from July month, giving everyone a chance to transfer at 5:4 one last time. My suggestion, go all in for Accor...