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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.
 
Last edited by VasukiVasuki is verified member.:
Doest it feel Axis Atlas is a surprisingly good card for its price? It is easily comparable and maybe better than DCB in many cases, which is double its price. The only con is it has too many exclusions.

I wont be surprised if this is the first to get 🪓 in next Axis devaluation
 
Doest it feel Axis Atlas is a surprisingly good card for its price? It is easily comparable and maybe better than DCB in many cases, which is double its price. The only con is it has too many exclusions.

I wont be surprised if this is the first to get 🪓 in next Axis devaluation
Not really. Atlas has a cap of 30K points transfer for all useful partners. That itself heavily limits its utility.
 
My thought exactly… Please let the demon sleep…😂
What special is left across Axis Cards which you fear about getting Devalued further lol !!!

And I think all the other banks would have announced or given "Best Bank Award of the Year for 2024" to Axis Bank to show the way how to lead & "PLAY BOLD" with devaluation and innovate new T&Cs such a way to retain card features but make them indirectly paid for end users lol !!!

Spend Criteria for Lounge Access, Milestone Exclusions, etc etc haha
 
What special is left across Axis Cards which you fear about getting Devalued further lol !!!

And I think all the other banks would have announced or given "Best Bank Award of the Year for 2024" to Axis Bank to show the way how to lead & "PLAY BOLD" with devaluation and innovate new T&Cs such a way to retain card features but make them indirectly paid for end users lol !!!

Spend Criteria for Lounge Access, Milestone Exclusions, etc etc haha
Axis Airtel is the only card I care about 😁
 
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