Devaluation Axis Olympus - The begining of Devaluation

[vinrey287]

Although small but Axis has started the devaluation of Citi Prestige aka Olympus Cc


Effective 20th December 2024

1. The fee for cash payments at branches will be revised to INR 175.
2. A transaction fee of 1% will be applicable on education payments made via third-party apps. However, payments and transactions made directly through education institutional websites or their POS machines will not incur this fees.
3. Cumulative spends exceeding INR 10,000 on wallet loads, INR 50,000 on fuel, INR 25,000 on utilities, and INR 10,000 on online skill-based gaming platforms within a statement period will attract a 1% transaction fee.
4. All the above-mentioned fees are subject to GST as per government regulations.

For more details, please click here. You can also contact us at 1800-419-0065 or visit your nearest Axis Bank branch.
Always open to help you.
Regards,
Axis Bank Ltd

 

[coolguy1]

This has been implemented for every Axis credit card. 🙂

 

[sourpai]

What about rewards redemption fee or DCC increase to 1.5%. Are these not implemented for Olympus? They are added for M4B

 

[Swastik]

Received same mail for my Axis Vistara Signature

 

[keyur11]

Is there anyway to get Olympus card ? Is new card sourcing started?

 

[drsel]

Is there anyway to get Olympus card ? Is new card sourcing started?

No way not this year

 

[theboogeyman]

No way not this year

any idea when it might be opened up

 

[drsel]

any idea when it might be opened up

No one knows as of now, not even the Axis CEO.
They first need to evaluate the profitability of the Olympus cards already issued to Citibank prestige card holders

 

[Abhishek012]

Olympus ko ab Greek God Zeus bhi nahi bacha sakta hai devaluation se.