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.

 

[Vasuki]

Tuition Fee: Hold my beer 😜

Walter bhai hold your horses .

Chilla chilla k sbko schme bta do 🕶️

 

[Vasuki]

I think from 20 April I will get miles using in snapay which is mcc 4900 above 200000 rupees

Dm the details..if u talkin' about axis atlas

 

[iROS]

So Burgundy Debit Card is also targeted this time. Burgundy DC has spend criteria of 5K now for lounge access 🤣
Added lot of exclusion categories as well

View attachment 46882

Now this is the legit devaluation

 

[Vasuki]

Now this is the legit devaluation

They did same last year with easy online reward dc ..ended all Rp mcc code

 

[Harry1]

Now this is the legit devaluation

Here is the full pdf for Burgundy Debit card and Savings Account.

Good thing is no points reversal for points already credited. This debit card has been giving points in pretty much every category as of now.

 

[abhiver]

Does Domestic Lounge on Priority Pass also require 50k spends in last 3 months ?

Also ,i wasn't aware that there are Domestic Lounge Guest visits on Magnus ,is that a new thing!

Yes, All lounge access will get activated upon meeting spend threshold.

 

[Zacobite]

Titanium does give 5% fuel but it is a PAID card.

I use Airtel broadband and save 250/month (25%), whereas Titanium gives 5% (a loss of 20%)

Assuming 60K annual spend on fuel, 12k annual spend on Broadband, 28k on utilities.
SCB rewards: 5K (1L at 5%)
Airtel+IOCL: 8.5k (3.2k fuel + 3k broadband + 2.8K utilities - .5k AF)
Losing 3.5% yearly. And don't even get me started on SCB not providing me a card because I don't have my last name in my Aadhaar [Context]

Clearly losing a lot with this alternative, aren't we....

I will agree with the point that Infinia is a valid alternative for Swiggy, but still we lose out on 1.5% on UPI.
Unfortunately, Infinia is invite-only, although I have DCB and have put in request for an upgrade (which is under process) it does have it's overall reward points capping, in which case, niche cards can help me.

As i said.. it was an indicative suggestion. . has to be viewed with personal context....my titanium was ltf..agree with you that we have to make the best of what cards we have / can get... cheers!!

 

[rixypanther]

Utility is also in the excluded list of Burgundy debit . Lol !!!

 

[Zacobite]

Does that include HDFC too ?! 🙂

In certain situations multiple cards from the same bank may be a necessity, --- like I felt I needed an ICICI core card on top of the Amazon Pay CC (for obvious reasons). A single core card per bank should suffice, I agree.


(... I see that I had missed a few posts above on the same subject while posting)! 🙂
.

yes hdfc definitely.. although they tend to treat their existing savings customers a little unfairly.. i have ONLY an infinia with them.. that was upgraded from dcb.. no other relationship.. they are chasing me to open a bank account and i never will..🙂..and ccs were applied for normally with no exceptions or escalation and obviously no RM..

 

[vaibhavpp0707]

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

What is the criteria to get multi brand voucher on axis privilege? Is it 3 transactions or 1 transaction of 200₹ within 30 days of card issuance?

 

[Rishabh]

I think Burgundy Private Debit card is excluded from Devaluation as of today. May be tomorrow shall get the surprise devaluation gift from the bank for Private DC as well lol

 

[Zacobite]

I think Burgundy Private Debit card is excluded from Devaluation as of today. May be tomorrow shall get the surprise devaluation gift from the bank for Private DC as well lol

Its here for normal burgundy.. private.. lets wait

https://campaign.axisbank.com/generic/burgundy-updates-tnc.pdf

 

[Trust Me]

yes hdfc definitely.. although they tend to treat their existing savings customers a little unfairly.. i have ONLY an infinia with them.. that was upgraded from dcb.. no other relationship.. they are chasing me to open a bank account and i never will..🙂..and ccs were applied for normally with no exceptions or escalation and obviously no RM..

I happen to be an Imperia customer, and can't pretend to ever be able to follow their business thought process! 🙂
.

 

[Zacobite]

I happen to be an Imperia customer, and can't pretend to ever be able to follow their business thought process! 🙂
.

yeah.. its funny with hdfc.. however hw i got my dcb is an interesting story on one of my other threads 🙂

Thread 'DCB nostalgia.. Premium to Common' https://www.technofino.in/community/threads/dcb-nostalgia-premium-to-common.23127/

 

[Vasuki]

What is the criteria to get multi brand voucher on axis privilege? Is it 3 transactions or 1 transaction of 200₹ within 30 days of card issuance?

This is for samsung infinite
For previlgae u will get reward in a week .

 

[SplendorSuperman]

Burgundy Debit Card Devaluation 🤡🤡

 

[SplendorSuperman]

Utility is also in the excluded list of Burgundy debit . Lol !!!

What’s included ?💀💀

 

[Vasuki]

What’s included ?💀💀

Capping is 2000 point per month

Doesn't even ask whats included

 

[Venky]

I made a transfer request of my leftover ER last night to ALL and even that failed with no reason given, nice.

 

[Deleted member 27665]

Asli demonetisation toh Axis bank ne kiya hai 🥲