Axis Flipkart Card Devalued wef 12 August

[Arnal07]

From 5th march,2023 , flipkart axis cc will not give any cashback on gift card purchases and utility bill payments.Hence, the card remains good only for flipkart grocery purchases.🥲🥺
Hope that Axis doesn't do the same with their ACE cc.😴

 

[neo.puneet]

Got it as LTF few years ago. So will this Annual Spend Criteria applicable to my card also?

why would it?

 

[yashendra2797]

Got it as LTF few years ago. So will this Annual Spend Criteria applicable to my card also?

Shouldn't be. LTF is usually LTF.

 

[Predator]

this 3.5L condition would be applicable for present cycle too or not?
I mean I have completed 2L spends and renewal is in September this year?
so, Does one needs to spend 1.5L now to hit waiver?

 

[CC-Muncher]

For me Now, Card closed!

 

[skvignesh]

axSH*T

 

[4uziaul]

Already shared here

Axis Fk Card Devalued wef 12 August

While the world is so busy with Magnus, Flipkart card bites the dust. Cashback reduced on Myntra and 3.5l for annual fee reversal are the biggest changes.

www.technofino.in

 

[4uziaul]

Yeh asli hai na 🤣

 

[federer.reddevil]

Got it as LTF few years ago. So will this Annual Spend Criteria applicable to my card also?

LTF should be LTF

 

[R!ppEr]

this 3.5L condition would be applicable for present cycle too or not?
I mean I have completed 2L spends and renewal is in September this year?
so, Does one needs to spend 1.5L now to hit waiver?

confirm once with the cust care

 

[Lakshya Mahani]

Fee waiver will now be on 3.5 lakhs, that's huge!!

 

[brightknight]

It's hit by another devaluation it seems. 1.5% cashback on myntra from 12th august

 

[vaibhav111vaibhav111 is verified member.]

Received sms regarding devaluation of axis flipkart

alright discuss with on going thread. pls refrain creating new thread un-unnecessary

 

[vaibhav111vaibhav111 is verified member.]

For me Now, Card closed!

same here. let me know even as a ltf card it won't serve any purpose, only purpose was during BB sale with 5% CB and that now in the drain.

 

[VikasBhindwar]

Now, I am going to close this card. What's going wrong with Axis Bank.

 

[CyberPsych]

For me, the only reason I am holding this is 5% on Flipkart and 1.5% on other spends. These are not affected.

 

[Strange]

So, this is the reason why Myntra partnered with Kotak. I believe that individuals who have a LTF Flipkart Card and Kotak Myntra Card or SBI Cashback card are not impacted by this devaluation.

 

[credit_debit]

APAY ICICI (LTF) and this card were big hits. Although APAY appears LTF, in order to derive full benefits, one needs prime whose official price is now 1499/- After all these revisions, if someone still wants to keep Flipkart Axis card, better to pay fee 500+ GST rather than trying to achieve spend based exemption for normal users.

 

[R!ppEr]

reserve is gone!

 

[CyberPsych]

Reserve devaluation makes this devalued Magnus look OK? WTF Axis??

 

[anilkrsh]

So, this is the reason why Myntra partnered with Kotak. I believe that individuals who have a LTF Flipkart Card and Kotak Myntra Card or SBI Cashback card are not impacted by this devaluation.

It'll be easy to get the Kotak card if you've no relationship with Kotak.