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Axis Ace Available at Zero Joining Fee

Pradumya

TF Ace
Recently Axis Bank opened up application for Ace card for everyone thru their application portal. Earlier it was either through pre-approval or GPay invitation.

Now anyone can apply for Axis Ace. And with this the card is offered at 0 joining fee.
Screenshot_20240516-013837.png

I guess this select channel is their own application portal.

This is an alarming situation as now more people can get Ace card and that too FYF.

As per basic economics, if demand is more than supply the value increases. But if supply is increased then value drop is certain.
Axis Bank is increasing this supply of Ace card.. Let's hope for best
 
Recently Axis Bank opened up application for Ace card for everyone thru their application portal. Earlier it was either through pre-approval or GPay invitation.

Now anyone can apply for Axis Ace. And with this the card is offered at 0 joining fee.
View attachment 53757

I guess this select channel is their own application portal.

This is an alarming situation as now more people can get Ace card and that too FYF.

As per basic economics, if demand is more than supply the value increases. But if supply is increased then value drop is certain.
Axis Bank is increasing this supply of Ace card.. Let's hope for best
Same for Airtel .
 
Now ACE and Airtel are frequently appearing in the Pre approved section of many users...

Now their exclusivity is gone..
By this year's end they will be placed at just one step above Myzone and Neo..with more devaluations to come
 
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