Offer Fulfilled! Axis Replacement for Citi Cashback Card

[Riya]

Axis has announced Axis Cashback Card to replace Citi Cashback Card

 

[Riya]

After 2 months, they will ask consumers to provide bills to be eligible for cashback 🤣🤣

rather they'll cancel the card stating it was being used for business purposes 🤣 🤣

 

[bigbyte]

I also received communication for my Citibank rewards card (LTF). No communication yet for Indian oil Citibank card.

 

[Digitalguy]

For Axis Rewards CC, What will the value (in Rupees) of EDGE REWARD Points per Rs.125?

 

[panu24]

For Axis Rewards CC, What will the value (in Rupees) of EDGE REWARD Points per Rs.125?

2 EDGE REWARD Points on every INR 125 spent.

 

[bigbyte]

2 EDGE REWARD Points on every INR 125 spent.

10x on apparel and departmental store

 

[panu24]

2 EDGE REWARD Points on every INR 125 spent.

And I think 1 EDGE REWARD point is Rs 0.20

 

[panu24]

10x on apparel and departmental store

Is it applicable for Axis reward card also?

 

[bigbyte]

Is it applicable for Axis reward card also?

Y E S

 

[Anupama_Jha]

Max cashback in a statement cycle capped at ₹4,000.

 

[Anupama_Jha]

Exclusions sheet .

 

[bigbyte]

Indian oil card communication also received.

 

[Dharm]

For Axis Rewards CC, What will the value (in Rupees) of EDGE REWARD Points per Rs.125?

I also received communication for citi rewards cards, but thinking to close this after limit merge, as 1000+gst=1180, and waiver in 2 lakh spend, I already have 3 Axis cards( 2 of which LTF), so it does not looks useful to me, previously i kept this, as spend waiver criterion was 30000 in citi

 

[drsel]

Pretty good card. Have to do max 70700 to get max allowed cashback of 4000 rs. Its actually well thought out and all the rotators categories are either excluded or have less rp% and cappings. Hopefully I can get my axis select replaced with this axis cashback card and it would become my new favorite card for online spends.

Spend 70714 exactly to get 4000 cashback per billing cycle. Cashback of--
100 on 5000
1750 on next 35000
2150 on next 30714
Total 4000 cashback on 70714

 

[drsel]

Indian oil card communication also received.

View attachment 57386

Are the edge miles same as Atlas edge miles?
1:2 conversion??

 

[shashankverma]

Posted here https://www.technofino.in/community...xis-bank-premium-credit-card-announced.27750/

 

[Riya]

After reading TnC in detail, I came to conclusion that this card is basically for online shopping purpose only...
Yes the reward rate is good but only if someone is able to spend ~70k per month....

 

[BhaiyaJi]

After reading TnC in detail, I came to conclusion that this card is basically for online shopping purpose only...
Yes the reward rate is good but only if someone is able to spend ~70k per month....

Blended cashback rate is around 5.65, so I guess SBI cashback is still better.

 

[Riya]

Blended cashback rate is around 5.65, so I guess SBI cashback is still better.

yeah... SBI gives 5% but at flat rate basis... be it 100 rs or 1L rs spends...
this card can be used for phones purchases which mostly fall under 60-70k category... plus if there is any merchant offer then its a bonus

 

[BhaiyaJi]

yeah... SBI gives 5% but at flat rate basis... be it 100 rs or 1L rs spends...
this card can be used for phones purchases which mostly fall under 60-70k category... plus if there is any merchant offer then its a bonus

Axis wont allow bank discounts on this card most probably.

 

[pinki]

Following. . .