Devaluation airtel Axis Bank credit card devaluation w.e.f. 20th December 2024

[Strange]

 

[suhasa010]

So it means that whoever is getting the card from now on, and a new Airtel connection (dth, fiber, pre/postpaid) won't be eligible for 25% cashback?
Pretty big blow!

This might be the beginning of the end of Airtel Axis!
It wasn't that sustainable anyway, unless Airtel kept pumping money.
It was a good ride while it lasted....

 

[suhasa010]

What does payment for new connection mean here? The first time we get a connection or any payment made to any new connection after 20th December?

Any existing connections added in Airtel Thanks app will continue to fetch 25%.
If you get a new broadband/dth/etc connection and you add in the app (or gets auto added) after 20th Dec won't fetch 25%.

 

[mastfun]

Any existing connections added in Airtel Thanks app will continue to fetch 25%.
If you get a new broadband/dth/etc connection and you add in the app (or gets auto added) after 20th Dec won't fetch 25%.

No no they are talking about installation charges for new connections I believe

 

[blaze]

No no they are talking about installation charges for new connections I believe

Hardware cost + advance recharge- for broadband and dth

Didn't get bill payment part

 

[RAMESH BABU N]

The 25% cb will NOT be there on the initial expenditure of new connection (or the existing inactive ones which are made active now) - if such expenditure is on the hardware cost and other charges (like shifting, surrendering, safe keeping, transfers, hardware damage, replacement of cable, advance payments, deposit amounts, labour.....).

All these are getting CB till now.
No CB from now on.

Only the actual monthly RECHARGES and BILL PAYMENTS will get CB from now on. For all existing and EVEN NEW Accounts or EVEN REACTIVATED Accounts.

That's what I understood by reading it carefully.

 

[Jeevan rao]

The 25% cb will NOT be there on the initial expenditure of new connection (or the existing inactive ones which are made active now) - if such expenditure is on the hardware cost and other charges (like shifting, surrendering, safe keeping, transfers, hardware damage, replacement of cable, advance payments, deposit amounts, labour.....).

All these are getting CB till now.
No CB from now on.

Only the actual monthly RECHARGES and BILL PAYMENTS will get CB from now on. For all existing and EVEN NEW Accounts or EVEN REACTIVATED Accounts.

That's what I understood by reading it carefully.

Thank you very much for explaining sir. I hope that is the case.
At 2:30 am in the night, my brain was not braining what axis meant by that statement 😑

 

[RAMESH BABU N]

H

At 2:30 am in the night, my brain was not braining what axis meant by that statement 😑

Ha ha ha...

At that odd hour, to comprehend such complex stuff, you need the brain of a 65 yrs old, techno-banker who got over 4 decades of experience in dealing with such stuff.

Do not blame your brain....

 

[arif238]

H


Ha ha ha...

At that odd hour, to comprehend such complex stuff, you need the brain of a 65 yrs old, techno-banker who got over 4 decades of experience in dealing with such stuff.

Do not blame your brain....

Thanks alot man I also got confused with the last point.

The 25% cb will NOT be there on the initial expenditure of new connection (or the existing inactive ones which are made active now) - if such expenditure is on the hardware cost and other charges (like shifting, surrendering, safe keeping, transfers, hardware damage, replacement of cable, advance payments, deposit amounts, labour.....).

All these are getting CB till now.
No CB from now on.

Only the actual monthly RECHARGES and BILL PAYMENTS will get CB from now on. For all existing and EVEN NEW Accounts or EVEN REACTIVATED Accounts.

That's what I understood by reading it carefully.

Actually I reposted your comment on reddit to my original post which has the same confusion regarding the last point of this mail from Axis Bank for Airtel Axis card new changes. I may have got your job experience wrong though.

Here is the link :

 

[coolguy1]

Seems like Axis doesn't like new user onboarding and wants to reduce its customers further.

 

[nikhilk21]

The 25% cb will NOT be there on the initial expenditure of new connection (or the existing inactive ones which are made active now) - if such expenditure is on the hardware cost and other charges (like shifting, surrendering, safe keeping, transfers, hardware damage, replacement of cable, advance payments, deposit amounts, labour.....).

All these are getting CB till now.
No CB from now on.

Only the actual monthly RECHARGES and BILL PAYMENTS will get CB from now on. For all existing and EVEN NEW Accounts or EVEN REACTIVATED Accounts.

That's what I understood by reading it carefully.

But doesn't the point mention 'bill payment' as well in the brackets. If I take a new WiFi connection postpaid, it will be a bill payment right? And I won't be getting CB if I take this connection after 20th Dec..?

Or reading more carefully, is it 'advance recharge and advance bill payment' which is excluded?

 

[newinnov]

View attachment 75209

 

[WandereR]

Only the actual monthly RECHARGES and BILL PAYMENTS will get CB from now on. For all existing and EVEN NEW Accounts or EVEN REACTIVATED Accounts.

Doesn't seem to be in line with TnC.

---

However, payments (for hardware cost, installation charges, [B]advance recharge or bill payment amount or any other amount[/B]) made for [B]new or inactive connections will not be eligible for the cashback[/B].

No cashback for new connections

 

[Sriim]

No no they are talking about installation charges for new connections I believe

Correct . .

 

[unit vector]

For existing customers-Recharging of annual packs(advance payments) or custom amounts are valid for cashback.
For inactive/new customers-Apart from hardware cost etc, annual packs subscribed during activation is not valid for cashback.
Tip-Inactive customers should recharge from other payment modes to activate the connection and then after activation they are valid candidates for cashback if they recharge annual packs(advance payments). Same goes to new customers, once they buy the equipment and activates(mostly one month) it without using Axis card; further recharging annual packs via axis card is valid for cashback.

 

[TechnoFi]

Axis bank devaluing its all credit cards by cutting their benefits slice by slice.😡😢

 

[Jhon Anand]

The 25% cb will NOT be there on the initial expenditure of new connection (or the existing inactive ones which are made active now) - if such expenditure is on the hardware cost and other charges (like shifting, surrendering, safe keeping, transfers, hardware damage, replacement of cable, advance payments, deposit amounts, labour.....).

All these are getting CB till now.
No CB from now on.

Only the actual monthly RECHARGES and BILL PAYMENTS will get CB from now on. For all existing and EVEN NEW Accounts or EVEN REACTIVATED Accounts.

That's what I understood by reading it carefully.

Are you sure ? In the last point it does say bill payment.

I hope it does allow otherwise it defeats the purpose of this card.

 

[Jhon Anand]

For existing customers-Recharging of annual packs(advance payments) or custom amounts are valid for cashback.
For inactive/new customers-Apart from hardware cost etc, annual packs subscribed during activation is not valid for cashback.
Tip-Inactive customers should recharge from other payment modes to activate the connection and then after activation they are valid candidates for cashback if they recharge annual packs(advance payments). Same goes to new customers, once they buy the equipment and activates(mostly one month) it without using Axis card; further recharging annual packs via axis card is valid for cashback.

I'm more inclined to this logic, I'll drop a mail to customer care to confirm once

 

[CyberPsych]

Does "advance recharge" means recharging my prepaid SIM before plan expiry? How will bank identify that I recharged before my plan expired?

 

[suckinator]

But for existing Airtel Wifi/DTH customers there is no impact. They'll yield 25% CB as before.