Axis Ace - Keep it or close it?

[falcon007]

I have been using Axis Ace since almost 3 years. It was a very good when then reward ratio for offline transaction was at 2%. Since last few months, it is reduced to 1.5%.

Other cards, which I have give 1% back on Scan N Pay transaction, so advantage of Ace is just 0.5%.

I also have Axis Airtel for bill payments.

Should I keep Ace or just close it, paying Annual Fees of 590 for it as of now.

 

[cardy]

0.5% of 1.2L is ₹600
So If you have more than 10k spend every single month then only you can recover the fees if not just close it

 

[rajcasio]

I was charged annual fee for this card 2 days back
Will they WAIVE it if i make a request?

 

[AlooDum]

I was charged annual fee for this card 2 days back
Will they WAIVE it if i make a request?

No harm in trying

 

[cardy]

I was charged annual fee for this card 2 days back
Will they WAIVE it if i make a request?

If you decide to close it then only raise request in customer care over telephone. Most probably they will do but in case if they close it instantly then you should not regret.

 

[rajcasio]

If you decide to close it then only raise request in customer care over telephone. Most probably they will do but in case if they close it instantly then you should not regret.

I am not going to threaten them with CLOSURE. Will make request to WAIVE fee
It took me more than 2 years and multiple failure attempts to get this CC
Will wait for one more year and make a decision

 

[cardy]

I am not going to threaten them with CLOSURE. Will make request to WAIVE fee
It took me more than 2 years and multiple failure attempts to get this CC
Will wait for one more year and make a decision

Then I will suggest not to go for it. Axis' reputation in this regard is not good.

 

[HumorSimpson]

I have been using Axis Ace since almost 3 years. It was a very good when then reward ratio for offline transaction was at 2%. Since last few months, it is reduced to 1.5%.

Other cards, which I have give 1% back on Scan N Pay transaction, so advantage of Ace is just 0.5%.

I also have Axis Airtel for bill payments.

Should I keep Ace or just close it, paying Annual Fees of 590 for it as of now.

Even I have been using it for 3 years and closed it now.

Close it. Not worth. The 5% cb for bills is easily obtained from sbi cb etc via agv route. Even better is csb edge+ , you get 10% upto 500 on agvs.