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.

 

[tushu5121]

I think its time to Change the the Tagline of Axis from" Dil se open" to " Dil Se Devaluation"..😅😂

 

[zoro]

They increased min transaction value from 100 to 400. I used to fill for 100 only

Also, now surcharge is applicable on UPI transaction as well, previously I was able to do a UPI transaction in other petrol pump in case of an emergency and not pay any surcharge now that's also gone

 

[CHOCOPANDA]

Myzone tnc and devaluation list I need

 

[fageriaji]

I just received sms for updated T&C.
It's a huge devaluation of Airtel Axis Bank Card.
Axis bank is doing devaluation in every credit card.
Maximum cashback capped 250/- from 300/-
And Lounge benefit only if you spend 50k in last 3 months

Here are T&C.

 

[phagocyte536]

Lol magnus. It was already dead, axis found a way to further kill is somehow

1. BMS B1G1 gone
2. Meet and greet airport gone
3. Spend based lounge access

Btw i cancelled my magnus this afternoon as my 1yr came to an end

 

[SSV]

Well, I don't care. We already have other better options for utility payments.

Just stay away from greedy bank i.e. Axis.

th

Not everyone have Millniea or sbi cashback 💀

then try to get it , not that difficult rather than hanging to crap which you know will be even crappier !!

 

[BhaiyaJi]

C

Check promotion section in gmail 🤣
Taste the devaluation there

What, Axis is promoting Select via GMAIL ads ?

 

[Zacobite]

Hey , hey ... I am the first one..
Count me in .. before you 😉 😉

they have parallely impacted encalm, the meet and greet ppl and actually all axis employees who will now be under pressure / receiving end if all this heat + pressure to recoup losses if any...

 

[vaibhav111vaibhav111 is verified member.]

Yeah received sms and email and on twitter someone mentioned axis will drop a domb and less than 24 hr already 20 page

Hello everyone as per the updates Axis Bank has been devalued every major popular cards , including
Atlas, Ace, Airtel, Magnus for Burgundy, Samsung Cards, Flipkart, Myzone, Privelege

 

[dealminer]

Not everyone have Millniea or sbi cashback 💀

Shhh. . .

 

[Deleted member 27665]

Ax-is now my Ex FORVER 🥲

 

[Akash0043]

Previlgae m multi brand voucher redemption smjne de bhai .
Wo important hai SI ko kuch nhi hua
Joining benefits toh same h

Ok ok do your analysis 😊
Tell me later about taking SI or not 😉

 

[BhaiyaJi]

I think its time to Change the the Tagline of Axis from" Dil se open" to " Dil Se Devaluation"..😅😂

Or better is "Dil se closed"

 

[SSV]

Lol magnus. It was already dead, axis found a way to further kill is somehow

1. BMS B1G1 gone
2. Meet and greet airport gone
3. Spend based lounge access

Btw i cancelled my magnus this afternoon as my 1yr came to an end

so they didn't like it 6 foot under , they wanted it to be 12 foot under .. to make sure it can not resurrect itself .. 😉

 

[Vasuki]

I will try for cashback. After may

th

then try to get it , not that difficult rather than hanging to crap which you know will be even crappier !!

 

[faaranmo]

Oh my.... I was ready and been following up with them for the paid version of the M4B.. Saved just in time... uffff... bye bye Axis, I shifted my salary ac for M4B. gonna move out of Axis completely. POS

 

[BhaiyaJi]

Yeah received sms and email and on twitter someone mentioned axis will drop a domb and less than 24 hr already 20 page

Bhai 20 mins m 20 pages ho gaye

 

[Vasuki]

Ok ok do your analysis 😊
Tell me later about taking SI or not 😉

I already did 3 transaction & waiting for Point's 💀 dont gimme FoBF

 

[Gaara]

Axis ppl keeping 10L for burgundy will move away now

That’s a whole other level of trouble, then. 😵

 

[Vasuki]

Bhai 20 mins m 20 pages ho gaye

Too many thread merged .
Atleast 4 -5