Devaluation Axis ACE Credit Card Huge Devaluation Alert

[Rohith_Kumar_Sp]

You will get SMS. I also did not receive any email. The SMS contains the link which people are attaching as PDFs

i still haven't lets see

 

[Heehaahee]

even on Axis's own page they still have an unlimited 5%, now where can i find the devaluation information

No one is "safe" 😝

 

[pprakash11]

i still haven't lets see

I got email, no SMS.
check your mail

 

[coolanshu1000]

Dear Customer, W.e.f. 15-06-2023, terms related to cashback on your Axis Bank ACE Credit Card will be revised. For details, visit Axbk.in/Xa6xHpLIr1W

Check this link.

 

[Rohith_Kumar_Sp]

I got email, no SMS.
check your mail

I didn't get mail or sms

 

[maheshspanicker]

Google Pay has been regularly sending notifications to avail the card but I didn't go for it since I already have Flipkart Axis, and ICICI Amazon-Pay and HDFC Millenia among others with me. With this devaluation, no more reason really to go for it, unless you could get it LTF. Hope they won't damage the Flipkart card.

 

[Rohith_Kumar_Sp]

i'm still getting old reward structure email, still haven't received devaluation message

 

[coolanshu1000]

i'm still getting old reward structure email, still haven't received devaluation message

View attachment 16890

I can't see unlimited written in the advertisement.. so how can you say it's revised or not.
Moreover, a company always advertises rates/ amount/ cashback which are prevailing as on day of advertising. So, technically they can advertise the old reward structure upto 14.06.2023

 

[VISHESH_BANSAL]

i'm still getting old reward structure email, still haven't received devaluation message

View attachment 16890

Except your Ace Card , on all other Customer's Ace card, w.e.f 15th June , Devaluation will be effective

Now be Happy and enjoy.

 

[ADITYA1904]

Except your Ace Card , on all other Ace card w.e.f 15th June Devaluation will become effective

Now be Happy and enjoy.

Every time i read @VISHESH_BANSAL comment it makes me 😬…enjoy

 

[helloworld]

.

 

[helloworld]

i'm still getting old reward structure email, still haven't received devaluation message

View attachment 16890

5% cashback*

* (this small star) says so many things in financial world.

 

[SamPtnk]

Best for NPS
1.5% income

 

[prc1990]

Every time i read @VISHESH_BANSAL comment it makes me 😬…enjoy

That is very obvious as his name is Vishesh (special edition) itself 😂.

 

[Rohith_Kumar_Sp]

5% cashback*

* (this small star) says so many things in financial world.

Oddly it still says there's no upper limit to cashback on axis website and it still linked to old pdf file without any limit.

https://www.axisbank.com/retail/car...ank-ace-credit-card/features-benefits#menuTab

https://www.axisbank.com/docs/default-source/default-document-library/axis-bank-ace-credit-card-tncs.pdf

 

[Chaitanya-a]

Oddly it still says there's no upper limit to cashback on axis website and it still linked to old pdf file without any limit.

https://www.axisbank.com/retail/car...ank-ace-credit-card/features-benefits#menuTab

https://www.axisbank.com/docs/default-source/default-document-library/axis-bank-ace-credit-card-tncs.pdf

Arey bro right now there's no capping na? So why would they say otherwise. They've sent intimation of capping to cardholders already. That's sufficient. They'll modify on website from 15 june when actual change takes place.

Don't know why you're still not convinced about devaluation when everyone got the official confirmation from Axis.

 

[VISHESH_BANSAL]

Arey bro right now there's no capping na? So why would they say otherwise. They've sent intimation of capping to cardholders already. That's sufficient. They'll modify on website from 15 june when actual change takes place.

Don't know why you're still not convinced about devaluation when everyone got the official confirmation from Axis.

He has Trust Issues even when other Party is Axis

 

[Rohith_Kumar_Sp]

Arey bro right now there's no capping na? So why would they say otherwise. They've sent intimation of capping to cardholders already. That's sufficient. They'll modify on website from 15 june when actual change takes place.

Don't know why you're still not convinced about devaluation when everyone got the official confirmation from Axis.

Seems deceptive and should be illegal to do so.

 

[helloworld]

Seems deceptive and should be illegal to do so.

Hope you'll show same persistence when you complained about missing cashback after June 15 with Axi*.

We need people like you, because it is illegal and banks taking a lot of time to update new changes in respective portals and most of the time people not aware about it.

For now, you can just wait and gather all mails and notifications like above links and spend >10,000 in a month (after June15) and open ticket with all this information, make sure you should do same fight with them and get missing cashback.

As @VISHESH_BANSAL mentioned, based on the shared information its not applicable to you, continue use the card as is and happy spending!

 

[Rohith_Kumar_Sp]

Hope you'll show same persistence when you complained about missing cashback after June 15 with Axi*.

We need people like you, because it is illegal and banks taking a lot of time to update new changes in respective portals and most of the time people not aware about it.

For now, you can just wait and gather all mails and notifications like above links and spend >10,000 in a month (after June15) and open ticket with all this information, make sure you should do same fight with them and get missing cashback.

As @VISHESH_BANSAL mentioned, based on the shared information its not applicable to you, continue use the card as is and happy spending!

Yup, I still haven't received any devaluation email nor is it mentioned on thier site. Come June 15th I'll have to ask them how should I possible know of this change of they've never conveyed it to thier customers nor updated thier website.