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.

 

[Prav]

I just received the Feb AEP today

I haven’t yet☹️

 

[archit120]

I just received the Feb AEP today

Looks like you're lucky

 

[Nubar]

Rec'd AEP for Feb.

 

[Vasuki]

Looks like you're lucky

AEP ? ?

 

[ankurarora898]

Received the AEP for feb but they landed in edge rewards, shouldn't they be in burgundy magnus points section? just emptied my burgundy points few days back 😡

 

[kalratush]

Haven't received Feb AEP yet lol

 

[sousnake]

Haven't received Feb AEP yet lol

What the hell is AEP dude?

 

[kalratush]

What the hell is AEP dude?

Accelerated Edge points

 

[Prav]

please help
If i use all 8 service till 19 April, will i get extra 4 service from 20 April
And
If request raised on 19 April and service availed on 21
Will it be considered from old t&c or new

 

[Deleted member 9785]

End of an era
Now back to normal hotels, flights or trains.

 

[Deleted member 11974]

now that these cards are gone delete all the threads
axis doesn't deserve so much hype or effort anymore @TechnoFino

 

[Vasuki]

please help
If i use all 8 service till 19 April, will i get extra 4 service from 20 April
And
If request raised on 19 April and service availed on 21
Will it be considered from old t&c or new

Try & find out 🤪..

Since it's booked on 19th &
It's getting discontinued not paid .

If axis has sense it must go smoothly

 

[Vasuki]

End of an era
Now back to normal hotels, flights or trains.

No trains 🌚

 

[Vasuki]

now that these cards are gone delete all the threads
axis doesn't deserve so much hype or effort anymore @TechnoFino

What if axis comes with. New product
To bring in more disappointment

 

[msk1437]

Now, if we pay 2000 airtel bill via airtel thanks,

How much cashback will we get?

25%×1000 + 10%×1000 = 350
(or)
25%1000 = 250?

 

[100Rabh_negi]

Now, if we pay 2000 airtel bill via airtel thanks,

How much cashback will we get?

25%×1000 + 10%×1000 = 350
(or)
25%1000 = 250?

25% Of Bill Amount or 250 whichever is Lower. If you have similar bill coming every month, i would recommend you to get another Airtel axis credit card as you would recover the annual fees in 3 months ( Unless Axis doesn't devalue it further ).

 

[Md Kaif]

Does this mean I can earn upto ₹550 (300+250) in one Billing cycle?

 

[bhaveshS]

Does this mean I can earn upto ₹550 (300+250) in one Billing cycle?

No depends on your transaction time if you do before 20th then 300 otherwise 250 that's it

 

[sahilgulati5]

Does this mean I can earn upto ₹550 (300+250) in one Billing cycle?

No only 1 cash back per statement cycle

 

[Md Kaif]

No depends on your transaction time if you do before 20th then 300 otherwise 250 that's it

Thanks for the clarification