Devaluation Axis Privilege - Multi Brand Vouchers are gone forever.

[Deleted member 30446]

20th April has came and went now but I am still able to see the Multi Brand Vouchers as a redemption method in my app.

Does this mean that it was a false alarm? This also would mean that the Axis IOCL, Axis Select and Privilege are still worth the fees and still hold quite a bit of value.

 

[xvd1]

How many months to annual

Next year February

 

[DaDarkkNight]

Man I lost hope in axis..
Just waiting for hdfc cc soon .
I will keep axis card In shop box .

Already stopped using si & Previilage since months
Will keep rupay iocl in damp too

Cards come and go
Some get devalued, some new ones get launched

Btw, I think you should really give a nice send-off to axis, considering they pre-approved a lot of premium cards for you on call (without income proof I suppose),gave you the "VIP lounge" tag, and you too haven't been so graceful on them, having burned 60k points from 2 SI cards, and others too, that too within a span of 6 months or less I suppose? 😀

On the other side, my axis account is 12 years old, have been their priority customer since 4 yrs, have around 7-8L FD with them, was using FK axis the only cc for a long time (~2yrs), did all my spends on same card, until I decided to ramp-up my card collection, and nearly acquired ~10 cards in last 1 yr itself.

I came to know abt the loopholes in axis when the party was about to be over, missed magnus magic, card replacement trick too and many other things axis was infamous for.

Finally, acquired the SI just in time (1 month back) to get at least a drop from the ocean. But now, SI is still value=able for me, having a lot of Samsung appliances to be purchased in line, so some silver lining.

 

[DaDarkkNight]

My privilege card is also my oldest card. I don't want to pay its fees now as multi vouchers are gone. What are the options to convert it LTF ? Or if I close it, will my cibil take a big hit?

Same situation with me too, I want to replace/upgrade my FK axis card and that is quite old card ~4yrs. If I close it, cibil account gets closed too and score might take a hit.
I have a question here, also thought of creating a thread for it. Axis is denying any upgrade/replacement on that FK card. They say you have to close it and then reapply some other card, but direct upgrade is not possible.

So, if I close the card, do I have the option to use the same cibil account for the closed card, again to be linked to the newer card, by requesting the bank? Is this even possible? Any experts who have done this/have any info on this please reply.

 

[prateekm03]

Same situation with me too, I want to replace/upgrade my FK axis card and that is quite old card ~4yrs. If I close it, cibil account gets closed too and score might take a hit.
I have a question here, also thought of creating a thread for it. Axis is denying any upgrade/replacement on that FK card. They say you have to close it and then reapply some other card, but direct upgrade is not possible.

So, if I close the card, do I have the option to use the same cibil account for the closed card, again to be linked to the newer card, by requesting the bank? Is this even possible? Any experts who have done this/have any info on this please reply.

I recently upgraded my fk to SI, earlier myzone to privilege they are counted as new account in cibil, but date seems from 2019.

 

[Rahul Gupta]

Then take it use via UPI ..
Works on every petrol pump


Just make 500+ fuel 1000+ is optimal

Non-indian oil also?

 

[Rahul Gupta]

Same situation with me too, I want to replace/upgrade my FK axis card and that is quite old card ~4yrs. If I close it, cibil account gets closed too and score might take a hit.
I have a question here, also thought of creating a thread for it. Axis is denying any upgrade/replacement on that FK card. They say you have to close it and then reapply some other card, but direct upgrade is not possible.

So, if I close the card, do I have the option to use the same cibil account for the closed card, again to be linked to the newer card, by requesting the bank? Is this even possible? Any experts who have done this/have any info on this please reply.

I thought axis uses single cibil account for all cards.

 

[Vasuki]

Non-indian oil also?

Yes ,before 20th april yes
Via UPI

 

[card_007]

Is MBV permanently removed now?
I just redeemed on April 21st and wanted to redeem one more (I was short of 400 points!)

 

[NShah]

Is MBV permanently removed now?
I just redeemed on April 21st and wanted to redeem one more (I was short of 400 points!)

Y e s

 

[Vasuki]

Is MBV permanently removed now?
I just redeemed on April 21st and wanted to redeem one more (I was short of 400 points!)

Maut ho gye Bhai 😐

 

[Infamous]

So what are the best cards to go after devaluation? What kind of person can make the most out of privilege, considering he spends 2.5L to cover the fees because spending 5L on this for fee waiver doesnt make any sense.

 

[Deleted member 30446]

So what are the best cards to go after devaluation? What kind of person can make the most out of privilege, considering he spends 2.5L to cover the fees because spending 5L on this for fee waiver doesnt make any sense.

honestly? nobody. Either get it converted into LTF or into another Axis card. Axis still has a couple of really good cards, but it depends on where you spend.

 

[Infamous]

honestly? nobody. Either get it converted into LTF or into another Axis card. Axis still has a couple of really good cards, but it depends on where you spend.

Thinking to use it for the first year, then get done with it if they don't make it LTF or a LE offer. I constantly check for upgrade offers via customer care.
And majority of my spends are fuel and utilities, what would suit me?

 

[Deleted member 30446]

Thinking to use it for the first year, then get done with it if they don't make it LTF or a LE offer. I constantly check for upgrade offers via customer care.
And majority of my spends are fuel and utilities, what would suit me?

Axis Airtel for 10% on all utilities is really good.

 

[Infamous]

Axis Airtel for 10% on all utilities is really good.

Capped at ₹250 per month, doesnt make sense to me tbh.

 

[Deleted member 30446]

Capped at ₹250 per month, doesnt make sense to me tbh.

how much do you spend on your utilities?

 

[msankadi]

Cards come and go
Some get devalued, some new ones get launched

Btw, I think you should really give a nice send-off to axis, considering they pre-approved a lot of premium cards for you on call (without income proof I suppose),gave you the "VIP lounge" tag, and you too haven't been so graceful on them, having burned 60k points from 2 SI cards, and others too, that too within a span of 6 months or less I suppose? 😀

On the other side, my axis account is 12 years old, have been their priority customer since 4 yrs, have around 7-8L FD with them, was using FK axis the only cc for a long time (~2yrs), did all my spends on same card, until I decided to ramp-up my card collection, and nearly acquired ~10 cards in last 1 yr itself.

I came to know abt the loopholes in axis when the party was about to be over, missed magnus magic, card replacement trick too and many other things axis was infamous for.

Finally, acquired the SI just in time (1 month back) to get at least a drop from the ocean. But now, SI is still value=able for me, having a lot of Samsung appliances to be purchased in line, so some silver lining.

Sir no offense but loyalty means nothing to the bank nor to the customer. As soon as something is less profitable to the bank or not aligned with their strategy they will fall back to "is not in line with our internal policies". No matter how many years of "loyalty" you have shown.

 

[Infamous]

how much do you spend on your utilities?

Varies from 6-8k per month

 

[Deleted member 30446]

Varies from 6-8k per month

Then Axis Ace for 5% up till 500

 

[Infamous]

Then Axis Ace for 5% up till 500

Yup, I use that for the same. Will ICICI Apay would be a good option? They dont have any fees but I think the card doesn't get approved easily? Am I wrong?