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Alternative for Axis ACE after September devaluation

Santanu.Sen

TF Buzz
Hello. This is my first post in this community.

I have a Axix Ace with about 2lakh limit, which I have been using for about a month. In the first month I managed to get 52000 in cashback by spending about 27 lakhs. The vast majority of my spending is on MCC codes associated with "Government Services" and "Utilities".
After the September devaluation I have been looking for alternatives without much success. I found the HSBC Cashback card but i do not live in any of the regions mentioned in eligibilty criteria. Also the Kotak White Reserve card has no more rewards beyond 1 crore spends.
If someone can suggest something good which suits my spending habits, I would be very grateful. I'm looking for the most value card for direct cashback or cash redemption against statement balance.

Thank you.
 
I am also starting to see your point. But I want so badly to fvck these huge banks because when my dad died about 8 years back, the bank demanded that the 35 lakh loan he took be paid back immediately. They did not care to listen that I was ready to take on that loan.So we had to sell our house (which was collateral). Those were some tough times.
But you are right. We cant fight it. The system will always win.
Was house pledge for loan ? or what kind of loan was that
 
Guys I got my statement just now. I got the cashback also after devaluation. how is that possible? 😱😱😱
Devaluation was on Sept 1. So technically all transactions after Sept 1 would not get cashback.
Don't care much about the cashbacks guy here.
But curious to know what is he spending 1.8 L in each transactions on?
 
So guys any other suggestions? Apart from HSBC cashback card and Kotak white reserve? Is IDFC First Wealth good?
If there is nothing else, I fear the era of unlimited cashback cards is over. Axis Ace was the last such card. FML 😭
Based on your spend I think you can opt for Sbi Aurum or Indusind Indulge
On spend on 4 crore Indulge would give you 6 lakhs RS as return at 1.5% ( but maximum 30k you can redeem per month )

Aurum would give you 4 Lakhs as return in terms of Vouchers like Apay etc
Plus you will get 23K Tata cliq vouchers plus 10000 Taj vouchers

Both cards will be free as you would have easily hit the waiver
 
Guys I got my statement just now. I got the cashback also after devaluation. how is that possible? 😱😱😱
Devaluation was on Sept 1. So technically all transactions after Sept 1 would not get cashback.
I think you will continue seeing cashback earned per each transaction however at the time of credit of cashback, you would receive the max. cashback allowed in a month.
 
@Santanu.Sen Axis ACE credit card still give 2% unlimited cashback on Snapay app for bank transfer at just 1.18%.

also Apply SBI Cashback credit card.

Also here is the trick to buy monthly 1 lakh Amazon gv and get 5% upto Rs5000 monthly cashback using SBI Cashback credit card.



Another is HSBC Cashback credit card, this card still offering Unlimited 1.5% cashback on "Utility spend".
Lol ye sbi cb ka 5000 limit is like "utt ke muh Mai jira".
 
I received hsbc cashback instead of smart value credit card.
..
Any tricks like SBI cashback card to make use of it,
.. or by using gyftr or other sites.
Otherwise I will let it lapse/deactivate in another week.
 
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