Boycott Axis Credit Cards

[cc_dc_explorer]

In view of recent brutal devaluations that axis bank has went through, I think it is best now to boycott axis cards. If we do not boycott and send them a message I think all other banks will sooner or later follow the same route.


What are your thoughts ?

 

[Seth]

 

[amitr29]

In view of recent brutal devaluations that axis bank has went through, I think it is best now to boycott axis cards. If we do not boycott and send them a message I think all other banks will sooner or later follow the same route.


What are your thoughts ?

My views are, that this community is too small to boycott. Credit cards are not major business for banks but it's deposits and lending. Let me tell you that Axis has awesome lending products In MSME and mid corporate segment. Let's just take a Chill and enjoy Holi 🥂.

Hum axis ka kuch na ukhaad payenge..

 

[HumorSimpson]

Let me tell you that Axis has awesome lending products In MSME and mid corporate segment.

What are those?

 

[varun__goel_]

What are those?

Micro, Small and Medium Enterprises

 

[HumorSimpson]

Micro, Small and Medium Enterprises

I was asking about those lending products. 🤔

 

[varun__goel_]

I was asking about those lending products. 🤔

I am also eager to know those awesome lending products from Axis😗

 

[lightwaves]

In view of recent brutal devaluations that axis bank has went through, I think it is best now to boycott axis cards. If we do not boycott and send them a message I think all other banks will sooner or later follow the same route.


What are your thoughts

loll, this is weird. Do you really think it'll stop other banks from taking any action??

 

[HumorSimpson]

Credit cards are not major business for banks but it's deposits and lending.

Then why do they keep devaluating?

 

[amitr29]

Then why do they keep devaluating?

Because they don't want it to be loss making 😃 And people somehow find ways and loopholes to ensure that bank devaluates a Card

 

[amitr29]

What are those?

They are very aggressive on Supply chain finance and are very competitive on Cash credit pricing. Have had good experience with their Mumbai team

 

[mayanksomaiyaa]

Right i have closed my all 3 axis credit cards yesterday.

 

[sidsid2005]

Since axis atlas is also getting devalued, and since 2023 december i've done maximum spends on atlas. Dont feel like doing spends on it anymore... I used amex plat travel extensively and got great returns. Now i've got yes bank marquee and amex plat travel, suggest which one to use out of all. What should be my strategy to up the game.

 

[Swastik]

Since axis atlas is also getting devalued, and since 2023 december i've done maximum spends on atlas. Dont feel like doing spends on it anymore... I used amex plat travel extensively and got great returns. Now i've got yes bank marquee and amex plat travel, suggest which one to use out of all. What should be my strategy to up the game.

Don't know much about Yes Marquee ,but Love my Amex Plat Travel, if you're into Taj & Marriot stays and can Spend on Amex ,it's a wonderful card

 

[sidsid2005]

Don't know much about Yes Marquee ,but Love my Amex Plat Travel, if you're into Taj & Marriot stays and can Spend on Amex ,it's a wonderful card

Have started using amex plat travel again... Dont want to write this, but all Indian Banks have been devaluing cards, though amex has kept it simple.

 

[Swastik]

Have started using amex plat travel again... Dont want to write this, but all Indian Banks have been devaluing cards, though amex has kept it simple.

Amex designs solid and stable cards ,devaluations are few and far in-between

 

[abhiver]

I would say Boycott all the credit card for a while, except APay card.

Use card only when it is must.

 

[abhiver]

Amex designs solid and stable cards ,devaluations are few and far in-between

They also devalue but , they use slow poison method 😀

 

[HumorSimpson]

They also devalue but , they use slow poison method 😀

Yes everyone does. But given AMex reward rate and acceptance user-base is less and less noise.

 

[Swastik]

I would say Boycott all the credit card for a while, except APay card.

Use card only when it is must.

Why so serious

They also devalue but , they use slow poison method 😀

If you're talking about recent MRCC Devaluation, i don't care about it because you get the best value by 24k Collection = 14k Taj voucher ,and that still stays ,i don't have this card personally, but if i did ,that's what i would do

 

[Walter White]