Axis Bank Brutal Devaluation of Atlas/Reserve/M4B/Vistara/Samsung/Flipkart/Ace/Airtel/Myzone/IOCL & Other Credit Cards

[TechnoFinoTechnoFino is verified member.]

With effect from 20th April 2024, the following changes will be applicable on your favourite axis bank credit cards.

Magnus for Burgundy - https://www.axisbank.com/docs/defau...onditions-for-magnus-burgundy-credit-card.pdf
Magnus - https://www.axisbank.com/docs/defau...rms-and-conditions-for-magnus-credit-card.pdf
Atlas - https://campaign.axisbank.com/generic/axis-atlas-credit-card-terms-and-conditions.pdf
on atlas welcome benefit has been reduced to 2500 EM . Earlier it was 5000 EM

Vistara Platinum - https://www.axisbank.com/docs/defau...nditions-for-vistara-platinum-credit-card.pdf
Select - https://www.axisbank.com/docs/defau...rms-and-conditions-for-select-credit-card.pdf
Privilege - https://campaign.axisbank.com/generic/axis-privilege-credit-card-terms-and-conditions.pdf
Flipkart - https://campaign.axisbank.com/generic/flipkart-axis-bank-credit-card-terms-and-conditions.pdf
Ace - https://campaign.axisbank.com/generic/axis-bank-ace-credit-card-terms-and-conditions.pdf
Airtel - https://campaign.axisbank.com/generic/airtel-axis-bank-credit-card-terms-and-conditions.pdf
Indian Oil - https://www.axisbank.com/docs/defau...it-cards/indian-oil-axis-bank-credit-card.pdf

Domestic Lounge - https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/dlg.pdf
Mile Transfer Program - https://campaign.axisbank.com/generic/miles-transfer-program-credit-card-terms-and-conditions.pdf

In short (what changed):

- Buy-one-Get-one free movie/non-movie ticket offer on BookMyShow will be discontinued.
- 24*7 complimentary concierge services will be discontinued (seems like no one using it).
- Complimentary airport meet & assist services reduced and/or discontinued.
- Gold/Jewelry, Govt. Services, Utilities not eligible for milestone, normal reward points - nothing.
- Domestic lounge access required 50,000 in previous 3 calendar months.
- and more..

For individual card related changes do refer respective pdfs.

 

[Gaara]

Axis being Axis probably removed fuel based rewards 🤣

😂 😂 4% on UPI fuel payments

 

[mj01]

So glad to not have taken Atlas just last month because the renewal benefits seemed a little low. Now they are completely gone!

 

[Heisenberg37]

How is atlas devalued
Didn’t get the pdf
@S S V

 

[_ayush]

hoping axis gives 10k retention benefit on magnus again 😂

 

[anotheruser]

Saare card aayege jaayege bas Infinia reh jaayega(hopefully)!!

 

[avinash2711]

I was talking to customer care today to close Magnus and told there were no good features in Magnus now.

He said "Sir Movie BOGO offer is a good one"

And I said "you will remove this too in a month or two" 😆

This convo happened today around 1PM. 😷

 

[svm98]

Does Flipkart axis apply for axis bank discounts in sales etc? Else I don't see any point at all even for a ltf card.

 

[jade]

Looks like Axis Airtel devaluation was minor compared to other cards.

 

[Abhishek012]

IOCL me kya devalue hua hai ? tha he kya usme.

 

[BhaiyaJi]

Indie debit card gives more rewards than Axis ACE now 🤣

 

[Vasuki]

Axis being Axis probably removed fuel based rewards 🤣

😂 Black magic to earn points 😜

😂 😂 4% on UPI fuel payments

They devalued lounge maybe .
No email so far ..
Holding 2 iocl

 

[BhaiyaJi]

IOCL me kya devalue hua hai ? tha he kya usme.

They removed fuel spends pe rewards

 

[dan873]

Looks like only Axis Airtel and samsung infinite was the only ones taking least damage

 

[Sha03]

Effective 1st May 2024,

1. The maximum cashback on Airtel Mobile, Broadband, Wi-Fi and DTH bill payments via Airtel Thanks App in a statement cycle has been revised from Rs. 300 to Rs. 250.

2. The maximum cashback on other utility payments such as gas, electricity, etc., via Airtel Thanks App in a statement cycle has been revised from Rs. 300 to Rs. 250.
Utility spends on any other platform except Airtel Thanks app will not be eligible for cashback.

3. Access to domestic airport lounges will be based on a minimum eligible spend of Rs. 50,000 in the previous 3 calendar months. In the case of a newly issued card, the minimum spend criteria is waived for the month of card issuance as well as for the following 3 calendar months.

 

[Vasuki]

So glad to not have taken Atlas just last month because the renewal benefits seemed a little low. Now they are completely gone!

Me who took & closed before delivery

Still got parcel 😂

 

[mastfun]

Magnus fo BURGUNDY got devalued

 

[ashwinkashwink is verified member.]

IOCL me kya devalue hua hai ? tha he kya usme.

Dunia ke happiest person tum 😆

 

[Bohra]

Looks like Axis Airtel devaluation was minor compared to other cards.

Still it's 1200 RS gone in one devaluation

 

[Gaara]

😂 Black magic to earn points 😜


They devalued lounge maybe .
No email so far ..
Holding 2 iocl

SO we can still consider it?

 

[Vasuki]

Looks like only Axis Airtel and samsung infinite was the only ones taking least damage

Unme tha kya
They already killed samsung infinite long ago with 5k discount per transaction & 20k in a year