Strange
TF Prestige
Scapia or any co-branded Federal cards aren't eligible for federal Bank offers.
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Devaluation Axis ACE Credit Card Huge Devaluation Alert
- Thread starter TechnoFino
- Start date
No, I'm talking about offline usage. Scapia offers flat 2% value cashback on all offline transactions* (including fuel)
With Scapia's conditional unlimited Indian lounge access, 4% reward rate on travel related bookings, 0 forex and unconditional LTF, it is a way better option (at least until scapia devalues their reward coins) than to opt for ACE and try to meet 2L waiver criteria.
U won't get 4% cb, if mcc is of utility.
While that is true, you can simply Use Millennia on Amazon Pay, Tata Neu Infinity and other cards (Like AmEx MRCC / Gyftr) for utility.
Redemption is the issue on Scapia. Its suitable for selected customer base only. While on Ace we get direct no nonsense cashback.
That is true. But Scapia has started to Introduce some vouchers for direct redemption at half it's value against travel redemption like Uber. But your point stays, this card is for those who travel.
pprakash11
TF Prestige
Which is already devalued 🫴🫴
It is the other way actually. Ace got devalued recently twice. Now I don't think anything more will happen soon. It is still best card for utility category mcc (not counting DCB/Infinia).
Sbi cashback is now completing 1 year for many. I expect it to reduce cashback on many more mcc and/or merchants and cashback limit of 1000-1500 like Millenia/Swiggy cards of hdfc soon.
avikrish
TF Premier
Will we get 2% on municipality property tax payments ?
helloworld
TF Legend
Which categories in offline you use this card usually?
I hope purchase of gold/jewellery items, educational services already not eligile.
Where as Scan related shops usually cover with UPI CC (which anyway we can't use Ace in those shops).
Dining not the best card to get only 2% cashback.
Entertainment, shopping usually covers online cards (either with vouchers or web purchases) and we have cards that provide 5% on shopping, departmental stores, grocery (offline) with more or less same fee and less restriction.
Bills covers only Electricity, Gas, Mobile Recharges, Broadband but for me that usually covers with AmazonPay vouchers, even without that usually annual packs provide more than 5% discount (except: Electricity, Gas where you have to pay every month and Ace provides 5% on those categories - actual benefit I see with this card ).
Curious to know which categories I missed for Offline spends? if possible let me know it will help to optimize spends actually. TIA
I see some categories but we use on those categories occasionally (not hoping regularly), anycase useful offline categories other than mentioned above
- Healthcare (hospitals, pharmacy etc.)
- Service centers (bike, car, mobile etc.)
- Where those 5% deparmental store cards not eligible due to MCC (shopping stores, electronics stores (if they accept cc))
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Rohith_Kumar_Sp
TF Ace
It literally covers most of your offline spendings. Anything that's not fuel or emi or jewelery.
Got 1037 cb in the last cycle.
For dining, it's better to use hdfc millennia and pay using Swiggy dineout or zomato. As it gives 5%
Abhishek012
TF Pioneer
helloworld
TF Legend
Wow, you literally offline person.
Seems like only benefit for me with Ace is with Electricity bills that usually with APay so far. Thanks again.
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Still it's unique in giving 2% for offline transactions.
Chitra007
TF Select
how? do you have any devaluation news?
