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

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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.

 

[phoenix1386]

WTH!!! For indian oil card spend based waiver is 3.5 lakhs. Lol 😂

The bank knows humour, this is proof.

 

[BhaiyaJi]

M4B ke reward points jItni maths unn logon ne agar school mein padhi hoti toh IIT mein hote 🤣

Bhai ye CAT ke ulte sidhe maths question solve karne ka natija tha

 

[Rohith-2009]

If you want no capping, axis is the best bank for you. They will not put capping instead they will just devalue the cards frequently. So be happy with Axis.

You can refer this message for capping. it is decent

Cashback on BoB Snapdeal UPI credit card

Hey everyone, I am planning to apply bob Snapdeal credit card. Mainly for UPI purpose. But I am confused that will they give 1% cb on UPI payment also ?? And what is Max limit of cashback on month.

www.technofino.in

 

[KGSIPO]

Airport lounge minimum 50000 spend required for flipkart axis card

 

[_amit_]

Magnus fo BURGUNDY got devalued

This has to be one of the best things Axis pulled in.
Spends required for a 30K card for domestic lounge access

 

[ccdc]

LOL who were all those people who were literally fighting to get M4B by pledging all their money with Axis? What did I say?

yea all those PPF account transfer ppl....muje bhi burgundy dedo....muje dedo.....axis bola ...LE AB BURGUNDY.....

 

[BhaiyaJi]

Annual fee waiver 3.5L from 50k

Literally 🤣 , itna fuel spends kaise hoga?
Bagal m ek petrol pump open karke pipe se transfer karna hoga

 

[sam1803]

To me airtel axis seems to be the most rewarding card out there right now even after devaluations.

 

[vkjalan]

Here goes Atlas...

 

[avinash2711]

I took Magnus only for Airport Meet and greet service only I will close the card now

I used Meet and Greet for me and guest just last week for the first time. My renewal is next month.

 

[Vasuki]

WTH!!! For indian oil card spend based waiver is 3.5 lakhs. Lol 😂

I m sorted for 2 years .💀 Will see after that

 

[zaid_2913]

The bank knows humour, this is proof.

I was planning to cancel the card, but they made my decision easy.

 

[Gaara]

Done with mails, Now started sending messages 😒

 

[phoenix1386]

One more card gone from my portfolio, making more room for Infinia soon.

 

[Swastik]

I'm throughly pissed with Axis now

,was considering renewing Magnus for Lounge , Meet & Greet ,Guest access

But now ,it's all gone to hell

Will cancel before renewing

 

[jade]

Still it's 1200 RS gone in one devaluation

Yes, that is why I said comparatively. Cashback on Airtel Mobile, Broadband is reduced from Rs 300 to Rs 250/PM. The same with utility bill too from Rs 300 to Rs 250/PM. But 10 % Cashback on Swiggy, Zomato and Bigbasket is still Rs. 500/PM . That still a cashback of Rs 12000/Year for annual fee of Rs 500

 

[SSV]

So Magnus for Burgundy Got Devalued and Magnus Didn't??

what is there in Magnus to devalue..

 

[Vasuki]

WTH!!! For indian oil card spend based waiver is 3.5 lakhs. Lol 😂

Let me name this

Devaluation of the century ✅

 

[Rajat94]

Ab bacha hi kya Magnus mei
1. Buy 1 get 1 on BMS - REMOVED
2. Airport Meet & Greet - REMOVED
3. Priority Pass Guests visits reduced from 8 to 4.

 

[govigov]

This is the terms and conditions for regular axis magnus card (not m4b) 1Lk Edge points for GroupA and 4Lk edge points for group B is what was there in the SMS.

Good that my anniversary month is april. Time to transfer those points out and close the CC.