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.😴

 

[sachinvenga]

I think after this devaluation a new round of LTF issuing drive will start.

 

[SSV]

I think after this devaluation a new round of LTF issuing drive will start.

Anything LTF is fine from any Bank as long as your spend pattern suits the card features in order to extract maximum value out of your CC spends....

 

[sachinvenga]

Brand royalty to Flipkart is not changed.

 

[credit_debit]

I guess there was thread regarding Axis LTF for salary accounts. In many approved companies, they are already offering as follows:

Magnus LTF : > 3 lakh net salary
Atlas LTF: > 75000 net salary
Select and Privilege LTF: >50000 net salary

 

[pgarg24]

They should have removed or put spend based lounge access too while they were at it😂

 

[Chaitanya-a]

I guess there was thread regarding Axis LTF for salary accounts. In many approved companies, they are already offering as follows:

Magnus LTF : > 3 lakh net salary
Atlas LTF: > 75000 net salary
Select and Privilege LTF: >50000 net salary

I think this isn't related to the thread topic

 

[SamPtnk]

 

[SSV]

I think this isn't related to the thread topic

+1
Yes, Indeed

 

[sachinvenga]

Brand royalty to Flipkart is not changed.

I think they will start spend based LTF. Spend 50k and enjoy LTF for new card issued.

 

[Chaitanya-a]

Mainstream media me bhi news aagyi tabahi ki


Article link: https://www.moneycontrol.com/news/b...anded-credit-card-with-flipkart-10948081.html

 

[Farhad sekh]

Guys have you noticed the annual fee waiver criteria, it was so shocking

 

[jack333]

Mota bhai wants Healthy Competition in telecom🤣

Mota bhai chahe to airtel hi band karwa de card kya chiz hai 🤣

 

[VISHESH_BANSAL]

Mota bhai chahe to airtel hi band karwa de card kya chiz hai 🤣

Jabhi mne kha woh chot chote pillo ko bhar ka rasta nhi dikhna chahte taaki Competition bna rahe

 

[jack333]

Guys don't forget to claim back your last CB on FK Axis CC after your card closure... This will definitley be in several lakhs of rupees in total for all of card closures..
First thing firs,t you should ask for NOC after closure request. They will send NOC in 2 days...
After the next statement is generated(post your closure) you will get to know the last CB amount.
Then write to premium.experience@axisbank.com about your refund of excess credit..
The email text could be on the following lines:

Hi
I have closed my Flipkart Axis Bank Credit card (*****) on **/07/2023. After closing the card a cashback of ₹*** was credited in to this closed account.
Please refund the excess credit amount to my banck account for which a cancelled cheque is attached.
My Bank account details:

Name : ***

Bank A/C No : ***

IFSC Code : ****

Bank : ***


Attach your last staement which is showing last CB , NOC and cancelled Cheque...
Viola.. This one email will be enough. I had to communicate with tehm several times for myself. But with above email it will all be done in one go...
All the best

What I've seen is leave some money. They are paying more interest rate in credit card balance maybe as much as they charge us interest. Claim refund after 2-3 months

 

[SSV]

What I've seen is leave some money. They are paying more interest rate in credit card balance maybe as much as they charge us interest. Claim refund after 2-3 months

Didn't know this, but have to be cautious and remember to claim back this excess credit within allowed time frame, otherwise we run into risk of being it classified as unclaimed amount for which there is going to be another tedious process to claim back unclaimed credit....

 

[sheru]

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.😴

Axis FK ka devaluation dekh lagta hai Axis ACE ka devaluation thik tha.

Paid Axis FK < Paid Axis ACE

 

[flash2399]

Can I get my Flipkart Axis Card upgraded to some LTF card? I'm contemplating about closing it as it is my oldest card but it's pretty useless after the recent devaluations. The limit is 5.78L

I have MyZone LTF already BTW

 

[iamabhisekagar]

Can I get my Flipkart Axis Card upgraded to some LTF card? I'm contemplating about closing it as it is my oldest card but it's pretty useless after the recent devaluations. The limit is 5.78L

I have MyZone LTF already BTW

Don't know about LTF...but you can ask for a downgrade to Neo CC, it seems safest option to me

 

[4uziaul]

Can I get my Flipkart Axis Card upgraded to some LTF card? I'm contemplating about closing it as it is my oldest card but it's pretty useless after the recent devaluations. The limit is 5.78L

I have MyZone LTF already BTW

Flipkart is a co-branded card, so in short, it is not possible to obtain a LTF card. However, you can call customer care and inquire about any available upgrade options. Please keep in mind that the upgraded card cannot be lifetime free and will come with charges.

 

[flash2399]

Flipkart is a co-branded card, so in short, it is not possible to obtain a LTF card. However, you can call customer care and inquire about any available upgrade options. Please keep in mind that the upgraded card cannot be lifetime free and will come with charges.

Thanks, if the upgraded card is not LTF, I think it's better to just cancel. I have many other cards now so I don't think I'd be able to reach the spend-based waiver on any paid card