Axis ace vs Axis Flipkart for offline spends purely

[saucy]

Does it make sense to get axis ace for offline spends if it's purely going to be used for offline spends?
I don't have much of utilities to pay - but i see most of the members here have an Ace.
Is there anything I'm missing?

 

[HumorSimpson]

Axis Flipkart "always" rounds up to lower value.

rounds down ...

 

[thegame]

Just to clarify.

For milestone feature - you need to spend min 7.5k to get the cashback. So if you spend anything less than 7.5k you will not receive any cashback. Above 7.5k you will receive cashback @5% and you need to spend 10k to receive max cashback of 500rs.

correct.. I should have clearly mentioned that point but was concentrating on 10k spends calculation only 😀

Cashback:​

Earn up to 5% cashback​

• 5% cashback 3 times over a 90 days period
• Avail 5% cashback for retail spends in addition to 1 Reward Point per Rs. 100 spent
• Minimum retail spends of Rs. 7,500 and a maximum cashback of Rs. 500 over a period of 30 days

Earn up to 2% cashback​

• 2% cashback 3 times over a 90 days period
• Avail 2% cashback for retail spends in addition to 1 reward point per Rs. 100 spent
• Minimum retail spends of Rs. 10,000 & a maximum cashback of Rs. 1,000 over a period of 30 days

Note: Fuel, rent, insurance and cash withdrawal transactions are not eligible for cashback and milestone calculation.

 

[thegame]

Wow! Means I if spend 7500rs every month then for 3 months, net 5.52% cashback?? If spends are higher than 7.5k/pm, the cashback gradually decreases am I right ?.
Edit :I was wrong. Its 5%upto 500.&not 500rs flat. So spend 10k minimum for max benefit

if your grocery spends at offline stores are between 7500-10k per month then best is to activate 1) 5% milestone 2) 5% Grocery 3) 10x offline RPs where monthly CB for 10k spends will be 1) 500 2) 500 3) 200 = 1200, so quarter it will be 3600 - 353 * 3 (feature charges) = 2541/30k = 8.47%, other best card for offline grocery is HSBC cashback card which gives 10% upto 1000 max per billing cycle so 12k CB for 1.2L spends but has a fee of 999+GST if you are not spending more than 2L in the previous (fee waiver criteria) but even after paying fee you will end up with 9% CB