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?

 

[Deleted member 5552]

High spenders will opt for premium cards like Magnus rather than entry level cards.

How high spenders will get premium card? 😄 Can you explain it??

 

[Deleted member 5552]

Card Maven Twitter.

I am not talking about that... I am talking about Google sheet 😄

 

[panu24]

High spenders will opt for premium cards like Magnus rather than entry level cards.

Is there any premium card available that is offered currently as LTF?

 

[sheru]

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?

Axis Ace.

Hands down the best card for offline spends.
You don't need any excel sheet, image to refer when you're in a hurry at a pos machine.
Also even if you get low credit limit, you can pay in advance and keep using the card.

It's the only card which has never left my wallet since i got it.
You can understand by that how much i use it/useful it is.

 

[Deleted member 5552]

High spenders will opt for premium cards like Magnus rather than entry level cards.

And If a high spender doesn't want to take a premium card he should take FK card instead of Ace card 😆 because FK card gives 3x cashback than what Ace card gives for offline transaction

 

[sheru]

FK card gives 3x cashback than what Ace card gives for offline transaction

Please explain 3x part

 

[Deleted member 5552]

Please explain 3x part

Pls ask @Deal_Freak

He will explain

 

[Deleted member 5552]

I said it clearly if your Flipkart Axis credit card is Lifetime Free (LTF) than it is better than Axis Ace for offline spends.... Axis Ace has Rs 590 renewal fees and only gives 0.5% extra statement credit cashback compared to Flipkart Axis card.... Considering only offline spends here, you have to take into account Rs 590/0.5*100 = Rs 118000 as extra spends in order to overcome Axis Ace renewal fees for mere extra 0.5% cashback than Flipkart Axis LTF card and for this spend, you will lose 1.5% cashback which you could have got from Flipkart Axis card.

A high spender can easily waive off annual fee

 

[Deleted member 5552]

FK LTF > Ace for Offline spends only.

Because to get extra 0.5% reward rate one has to spend 1,18,000 extra to cover that fee.

So, if one has the requirement below then choose FK (only when compared to Ace, actually better than FK so many cards available - so FK itself not at all recommended any more)

- FK is LTF
- Major online spends in FK and Myn
- Bills (Electricity) less than 3000 (Note: Here, user must have other cards to get those 5% limited discount etc.)
- Most of the spends in offline
- not able to spend 2L

Assume:

In a month,

FK - 2000
Myn - 2000
Offline - 2000
Bills - 2000
Online - 2000

FK:
Total: 10000= 1,20,000 = 100+100+30+30+30 = 290 = 2.4%

Ace:
Total: 40+40+40+100+40 = 260 = 2.1% (-590 annual fee)

Its all about finding use case scenario, if one says high utility bills then Ace, high shopping bills then FK.

If a customer cannot spend 2 L in a year, he can cancel the card and take HDFC freedom card 😌

 

[Rohith_Kumar_Sp]

FK LTF > Ace for Offline spends only.

Because to get extra 0.5% reward rate one has to spend 1,18,000 extra to cover that fee.

So, if one has the requirement below then choose FK (only when compared to Ace, actually better than FK so many cards available - so FK itself not at all recommended any more)

- FK is LTF
- Major online spends in FK and Myn
- Bills (Electricity) less than 3000 (Note: Here, user must have other cards to get those 5% limited discount etc.)
- Most of the spends in offline
- not able to spend 2L

Assume:

In a month,

FK - 2000
Myn - 2000
Offline - 2000
Bills - 2000
Online - 2000

FK:
Total: 10000= 1,20,000 = 100+100+30+30+30 = 290 = 2.4%

Ace:
Total: 40+40+40+100+40 = 260 = 2.1% (-590 annual fee)

Its all about finding use case scenario, if one says high utility bills then Ace, high shopping bills then FK. There is no sureway to recommend Ace to a FK person.

No matter who who are, you will pay bills. It's a no brainer you'll get more from axis ace 5% with 2% compared to axis flipkart card where the only way you'll gain any thing is if you spend on flipkart. You'll easily meet the annual goal and waiver off on axis.

 

[Deleted member 5552]

FK LTF > Ace for Offline spends only.

Because to get extra 0.5% reward rate one has to spend 1,18,000 extra to cover that fee.

So, if one has the requirement below then choose FK (only when compared to Ace, actually better than FK so many cards available - so FK itself not at all recommended any more)

- FK is LTF
- Major online spends in FK and Myn
- Bills (Electricity) less than 3000 (Note: Here, user must have other cards to get those 5% limited discount etc.)
- Most of the spends in offline
- not able to spend 2L

Assume:

In a month,

FK - 2000
Myn - 2000
Offline - 2000
Bills - 2000
Online - 2000

FK:
Total: 10000= 1,20,000 = 100+100+30+30+30 = 290 = 2.4%

Ace:
Total: 40+40+40+100+40 = 260 = 2.1% (-590 annual fee)

Its all about finding use case scenario, if one says high utility bills then Ace, high shopping bills then FK. There is no sureway to recommend Ace to a FK person.

Kindly calculate cashback for my transaction according to FK and inform me

 

[Deleted member 5552]

Meanwhile SBI Simplyclick/SimplySave customers trying a way to get a LTF card from SBI by giving a card closure request as they cannot spend Rs 1 lakh in a year 🥲

🤔🙄🤫😐

 

[sheru]

I said it clearly if your Flipkart Axis credit card is Lifetime Free (LTF) than it is better than Axis Ace for offline spends.... Axis Ace has Rs 590 renewal fees and only gives 0.5% extra statement credit cashback compared to Flipkart Axis card.... Considering only offline spends here, you have to take into account Rs 590/0.5*100 = Rs 118000 as extra spends in order to overcome Axis Ace renewal fees for mere extra 0.5% cashback than Flipkart Axis LTF card and for this spend, you will lose 1.5% cashback which you could have got from Flipkart Axis card.

But all this is true if you have fk ltf. Which half of people anyway don't have.

 

[Deleted member 5552]

I think it would be easy to you since you already have excel, as per your request I tried with below assumptions:

I assume user took the FK card because of FK spends requirement (and other points as discussed in earlier post)

- replaced 'OLA' with 'Uber' because FK gives 4% on it (that person has to take full benefit of FK card, right? and adjusted S.No 5 to 4%)
- replaced 'Amzn' with 'FK'
- remaining all spends replaced '2%' with '1.5%'

FK card can give ~ 1439 cashback (with rounding down because unlike Ace, FK won't round-up) = 3.2%.

-------------
Another point, if these are your spends then you would be beneficial with Bob Etrna, or HDFC Millennia because both gives you ~6% return (here you don't have to change websites, can use same Ola and Amzn). There is one more card but can't confirm until I receive statement this month.

View attachment 14692

Note: Always take the card as per your requirement. Again FK no longer recommended card to anyone even FK users (Since this entire discussion is about Ace vs FK, so I suggested pick a card based on requirement, but actually if go for other companies might get better cards).

You can't replace OLA transaction with Uber as both are different categories. Anyway I found Ace card is more better than FK

You may know well that you can't replace Amazon with Flipkart as Flipkart is shopping site. Amazon is all rounder.

And praising FK card is absolutely -------- 😆

I have both card and I found Ace is much better. So I don't use FK anywhere unnecessary as I don't want to waste cashback

I think it would be easy to you since you already have excel, I tried with below assumptions:

I assume user took the FK card because of FK spends requirement (and other points as discussed in earlier post)

- replaced 'OLA' with 'Uber' because FK gives 4% on it (that person has to take full benefit of FK card, right? and adjusted S.No 5 to 4%)
- replaced 'Amzn' with 'FK'
- remaining all spends replaced '2%' with '1.5%'

FK card can give ~ 1439 cashback (with rounding down because unlike Ace, FK won't round-up) = 3.2%.

-------------
Another point, if these are your spends then you would be beneficial with Bob Etrna, or HDFC Millennia because both gives you ~6% return (here you don't have to change websites, can use same Ola and Amzn). There is one more card but can't confirm until I receive statement this month.

View attachment 14692

Note: Always take the card as per your requirement. Again FK no longer recommended card to anyone even FK users (Since this entire discussion is about Ace vs FK, so I suggested pick a card based on requirement, but actually if go for other companies might get better cards).

 

[Rockz08]

@Life_style getting Ace card is very difficult... But Fk axis card we cab easily get it

 

[COSMOCRAT]

If your offline spends are more than 30k then Ace is great.
You don't need to force yourself to spend 2L for a fee waiver. 30k recovers the fee then everything above is yours.

 

[bugmenot]

FK card gives 3x cashback than what Ace card gives for offline transaction

Bhai ye wala samjao 3x kaise or is it some sarcasm?

Btw ace is more famous for 5% bill payment not 2% offline spends. 0.5% cashback is negligible imo.

 

[Credit Karma]

There's simply no competition, flipkart Axis is terrible value. Why are people still going for that? Stop. Flipkart itself a bad marketplace since WS retailer departed and joined amazon as Appolo retail

View attachment 14558

based on this table,

Is SC smart that good? I read somewhere on this forum that you get cashback but in the forms of reward points and you can never spend these RP's ever. Is this true?

 

[Rohith_Kumar_Sp]

Is SC smart that good? I read somewhere on this forum that you get cashback but in the forms of reward points and you can never spend these RP's ever. Is this true?

It's axis ace gpay card not SC

 

[prc1990]

FK LTF > Ace for Offline spends only.

Because to get extra 0.5% reward rate one has to spend 1,18,000 extra to cover that fee.

So, if one has the requirement below then choose FK (only when compared to Ace, actually better than FK so many cards available - so FK itself not at all recommended any more)

- FK is LTF
- Major online spends in FK and Myn
- Bills (Electricity) less than 3000 (Note: Here, user must have other cards to get those 5% limited discount etc.)
- Most of the spends in offline
- not able to spend 2L

Assume:

In a month,

FK - 2000
Myn - 2000
Offline - 2000
Bills - 2000
Online - 2000

FK:
Total: 10000= 1,20,000 = 100+100+30+30+30 = 290 = 2.4%

Ace:
Total: 40+40+40+100+40 = 260 = 2.1% (-590 annual fee)

Its all about finding use case scenario, if one says high utility bills then Ace, high shopping bills then FK. There is no sureway to recommend Ace to a FK person.

Axis Flipkart doesn't provide cashback anymore on Utility Bill Payments 🌝.