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

 

[iscoopicecreams]

Well you have missed the transition from Prestige to Olympus. 3.5% to 1.8% markup charge.

Isn't neo global best for forex?

 

[vinrey287]

Isn't neo global best for forex?

Neo is zero returns forex I guess. There are credit cards that offer +returns on Forex trans. Olympus is one such

 

[iscoopicecreams]

Neo is zero returns forex I guess. There are credit cards that offer +returns on Forex trans. Olympus is one such

Is that so? Because I have heard PPL get neo global only for forex payments! Can you tell more cards?

 

[vinrey287]

Is that so? Because I have heard PPL get neo global only for forex payments! Can you tell more cards?

Plenty of tweets you can search for forex spends

 

[theXfactor]

I’m expecting more devaluation on Axis cards given the poor show in Q3. Bank’s says 90% slippages came from retail portfolio.
I believe they would tighten the screws to control their slippages and NPA