Axis Bank Cashback Credit Card launched! 7% on online spends**

[doomlord]

The Axis Bank Cashback Credit Card offers a variety of rewards and benefits, designed to maximize your savings on everyday expenses.

Key Features:

- Fees: Joining fee of ₹1,000 + GST and an annual fee of ₹1,000 + GST (waived if annual spends exceed ₹4 lakhs).
- Welcome Benefit: 5,000 EDGE Reward Points (worth ₹1,000) on the first transaction within 30 days of card issuance.
- Cashback Structure:
- 0.75% on offline transactions and travel spends.
- 2% on online spends up to ₹5,000.
- 5% on online spends between ₹5,001 and ₹40,000.
- 7% on online spends above ₹40,000.
- Total monthly cashback capped at ₹4,000.
- 0.5% on utility transactions, capped at ₹100 per statement.
- Additional Benefits: 25% instant discount up to ₹800 per month on dining through EazyDiner with a minimum transaction of ₹2,500.

Exclusions and Limitations:
- No cashback on rent payments, wallet loads, fuel, insurance, government institutions, education, and specific merchant category codes (MCCs).
- No fuel surcharge waiver.
- Cashback adjustments for transaction reversals and EMI conversions.
- No cashback during the block period of the card.


Image is for illustration purposes only.

 

[cool_jazz]

waiting for this type of card from axis as i skipped ACE and Airtel as mine axis 3rd card. lets see when it will be available

 

[Riya Sharma]

waiting for this type of card from axis as i skipped ACE and Airtel as mine axis 3rd card. lets see when it will be available

just go for sbi cashback

 

[cool_jazz]

just go for sbi cashback

some techincal issue with SBI and HDFC , so i cannt apply for those banks

 

[wr8_utd]

I got the email for the migration of this card as a Citi Cashback Credit Card holder. My only concern is that I already have 3 Axis cards and two Citi Cards which will now be migrated to Axis. Given that Axis doesn't let you hold more than 3, will they make me cancel two cards?!

The migration document also says that they will combine the credit limits of all your Citi/Axis cards and give you a common credit limit for all cards.

 

[MangoRush]

Any idea on the excluded MCCs ? I'll close my ACE/AXIS Rewards card for this.

 

[anonymuos]

On the plus side, ek thought aya ki since Ace and Cashback card images are same, some day when it launches, they may offer it as an upgrade to Ace in Axis Mobile.

Ye Axis ki aadat ban chuki hai. Launching new cards constantly and devaluing old ones.

 

[Amarm]

that will be Rs.70714 for 4k CB right? comes around 5.66% so for those
1) online spends upto 40k, SBI CB will give 2k CB and Axis CB will give 1850CB (SBI wins by 150Rs)
2) online spends upto 70,714, SBI CB will give 3535 CB and Axis CB will give 4k CB (Axis wins by 465Rs)
3) online spends upto 1L, SBI CB will give 5k CB and Axis CB will give 4k CB (SBI wins by 1000Rs)

1L tak aate hi card block ho jayega.

 

[card-shard]

So, axis ace got a big brother now 🤔

ace has got lesser value perhaps.
It's available with 0 joining fee (500 annual fee+taxes) from axis website.

 

[SamPtnk]

When is this card getting out ?

 

[MangoRush]

When is this card getting out ?

15th we'll get to know 😕

 

[Deleted member 13981]

On the plus side, ek thought aya ki since Ace and Cashback card images are same, some day when it launches, they may offer it as an upgrade to Ace in Axis Mobile.

Ye Axis ki aadat ban chuki hai. Launching new cards constantly and devaluing old ones.

It's a fan art.. Not the real image.

 

[MangoRush]

Any news on this guys ?

 

[ppac18]

After trying their luck with premium cards and realizing that unki aukaat utni nahi hain, the Axis credit card team's new direction seems to be to copy existing cards from other providers and sprinkle it with some regular Axis chindigiri.

 

[Deleted member 13981]

Any news on this guys ?

Launched. Users can se it on their app.

 

[cool_jazz]

Launched. Users can se it on their app.

where ?? not able to see New cashback Card. How to Apply?

 

[anonymuos]

where ?? not able to see New cashback Card. How to Apply?

At the moment maybe only Citi Cashback users getting it. Below pic of someone who got it, pic not of my CC

 

[panchabhut]

Card is preseently only available for migrated Citi Cashback card holders.

 

[bigbyte]

-No cashback during the block period of the card.

Iska matlab samjhe daya?
Sale ke samay (jab Axis card par discount mil raha ho) iss card par cashback nahin milega. Just like SBI Simply click Card.

 

[sibieeee]

It's a fan art.. Not the real image.

Now this one is from axis bank website

 

[theflash]

that will be Rs.70714 for 4k CB right? comes around 5.66% so for those
1) online spends upto 40k, SBI CB will give 2k CB and Axis CB will give 1850CB (SBI wins by 150Rs)
2) online spends upto 70,714, SBI CB will give 3535 CB and Axis CB will give 4k CB (Axis wins by 465Rs)
3) online spends upto 1L, SBI CB will give 5k CB and Axis CB will give 4k CB (SBI wins by 1000Rs)

Nothing is permanent Ig its a matter of 2-3 years all these cb cards will be devalued to 1-1.5% and then we'll remember the golden days of 10/20/30% cashbacks and discounts on many txns that we used to get before, like I remember amzn literally used to give around 20-30% cb pre covid on fresh + cc offer could be combined as well...