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.

 

[SoNIK]

I think most brutal part of atlas Deval is capping on transfer partner....

Most prominent transfer partners have been capped at 30k edge miles per customer Id per year...

 

[Saarthak Parihar]

tried some combinations didn't worked. based on available information

Airport Transfer and Annual Benefit Removed. Usual MCC exclusion like M4B.

Debit card seem to be working for BOGO

 

[Saarthak Parihar]

None of the axis cards providing BoGo on BMS. Including M4B.

Try using the Burgundy debit card if you have it. It's working (for now and no news of devaluation on it yet 😂)

 

[Saarthak Parihar]

What about BOGO and M&G??

BOGO working on debit card

 

[SSV]

There isn't any news about Debit card devaluation.

Try using the Burgundy debit card if you have it. It's working (for now and no news of devaluation on it yet 😂)

It seems you are reminding them, just in case they forgot in the middle of this frenzy 😉 😉

 

[varun__goel_]

Ye to basically card ko maar hi daala. ₹1000 ka khana ghar pe kaun order karta hai unless having an occasional party! Reckless product changes!

Nice DP @anonymuos 😂🤣

 

[Mars_rover]

Myzone pr bms offer hai na?

 

[Saarthak Parihar]

It seems you reminding them, just in case they forgot in the middle of this frenzy 😉 😉

Should I just delete these posts before some Axis Bank noob sees it and runs to the devaluation committee to work on it? 😂

 

[SSV]

Myzone pr bms offer hai na?

Yes . .

 

[SSV]

Should I just delete these posts before some Axis Bank noob sees it and runs to the devaluation committee to work on it? 😂

No need, just don't repeat it .. once is enough . 😉

 

[Saarthak Parihar]

Yes . .

Is there a way to procure infinia LTF? Never heard of anyone holding one.

 

[SSV]

Is there a way to procure infinia LTF? Never heard of anyone holding one.

There are so many Infinia Plastic LTF holders ( during Master card ban period).
but there are very few Infinia Metal LTF holders.. I got it thru some contacts which is an exception and not a rule...

 

[SSV]

Prove it 😀 I don't believe this 😀

No need to DM , we will discuss publicly so that others can also benefit ..

Here it is mate, just for you !! 😉

 

[Saarthak Parihar]

Here it is mate, just for you !! 😉

View attachment 46740

After the Magnus fiasco I feel I should start using the regalia gold now, might get infinia in future.. currently I just hold preferred banking in HDFC and just manage to meet the criteria for it, although I'm sure it'll take a long while before they offer infinia. They aren't even giving it as an FD backed card.

 

[SSV]

After the Magnus fiasco I feel I should start using the regalia gold now, might get infinia in future.. currently I just hold preferred banking in HDFC and just manage to meet the criteria for it, although I'm sure it'll take a long while before they offer infinia. They aren't even giving it as an FD backed card.

Yes . . first thing dont bank on AXES cards any more..they are highly unreliable and disrespectful towards customers.... Search for better alternatives..
Look at YES marquee , it is decent currently.. in future we don't know what happens...

More here:

Yes Bank MARQUEE Credit Card launched - Features & Benefits | Full Details

For YES CC Rewardz Redemption details , Please see here... https://www.technofino.in/community/threads/yes-bank-credit-card-rewardz-redemption-options-for-marquee.22116/ Yes Bank MARQUEE Credit Card As you guys already know, YES Bank is revamping their CC protfolio recently , I took a dive...

www.technofino.in

 

[Saarthak Parihar]

Yes . . first thing dont bank on AXES cards any more..they are highly unreliable and disrespectful towards customers.... Search for better alternatives..
Look at YES marquee , it is decent currently.. in future we don't know what happens...

More here:

Yes Bank MARQUEE Credit Card launched - Features & Benefits | Full Details

For YES CC Rewardz Redemption details , Please see here... https://www.technofino.in/community/threads/yes-bank-credit-card-rewardz-redemption-options-for-marquee.22116/ Yes Bank MARQUEE Credit Card As you guys already know, YES Bank is revamping their CC protfolio recently , I took a dive...

www.technofino.in

I'm sure yes Marquee isn't gonna be an easy to get card either 😂.. having no relationship with Yes Bank, I'm thinking what my next move should be. One thing for sure is that one can't keep any expectations from 🪓

 

[CrudMax]

Which card is best for offline spends now after this brutal devaluation?

 

[HOME_CARDER]

 

[HOME_CARDER]

 

[iNokia]

Indian version of Oppenheimer. Axis Bank Management.