Flipkart Axis devaluation From March 2023 Alternative For Maximize Benefits

[Vineet_]

After recent devaluation in #flipkart #axis card what will be the best way to maximize its benefits except 5% on #flipkart & #myntra or 4 % on some specific merchants & last 1.5% almost it won't work with daily life spends from march 2023 onwards .

1. Is there any we can recover its annual fee of 590/- or make LTF its very rare axis will convert now ?

2. In 1.5% spends criteria where we can use this card .

What is your options in alternative of this cards with LTF or same ~ 590/- annual charges .(except SBI Cashbackcard)

This was first Cashback cards in during launch now its fully devaluated.

Kindly share your opinions !!!

 

[rp0703]

After recent devaluation in #flipkart #axis card what will be the best way to maximize its benefits except 5% on #flipkart & #myntra or 4 % on some specific merchants & last 1.5% almost it won't work with daily life spends from march 2023 onwards .

1. Is there any we can recover its annual fee of 590/- or make LTF its very rare axis will convert now ?

2. In 1.5% spends criteria where we can use this card .

What is your options in alternative of this cards with LTF or same ~ 590/- annual charges .(except SBI Cashbackcard)

This was first Cashback cards in during launch now its fully devaluated.

Kindly share your opinions !!!

AU LIT is good option.

My Annual Fee is due next month and decided to close the card and emailed PNO about the same. Retention team called and gave me 2500 edge reward points which will cover Rs. 500 out of Rs. 590. So will keep this card for another year. Anyway Since I have SBI Cashback card and I have no utility for this card.

 

[src223]

I might be out of touch, but could you let me know what are the benefits that got removed?

 

[shubham__0720]

AU LIT is good option.

My Annual Fee is due next month and decided to close the card and emailed PNO about the same. Retention team called and gave me 2500 edge reward points which will cover Rs. 500 out of Rs. 590. So will keep this card for another year. Anyway Since I have SBI Cashback card and I have no utility for this card.

Can we earn Edge reward points for Flipkart axis card also ??

 

[rp0703]

Can we earn Edge reward points for Flipkart axis card also ??

No edge points for Flipkart card but since i also have MyZone they gave me edge points worth rs. 500 to somewhat compensate annual fee.

 

[src223]

I might be out of touch, but could you let me know what are the benefits that got removed?

Found this site which explains it a bit clearly.

Axis Bank Credit Cards imposes caps on points earning and milestone spends - Live from a Lounge

Axis Bank Credit Cards is putting a lid on some instances of earning reward points and milestone spends. Here are the details of what we know now

livefromalounge.com

Basically if you are not using the card for rent or international transaction, it will probably not impact you.

 

[rp0703]

Found this site which explains it a bit clearly.

Axis Bank Credit Cards imposes caps on points earning and milestone spends - Live from a Lounge

Axis Bank Credit Cards is putting a lid on some instances of earning reward points and milestone spends. Here are the details of what we know now

livefromalounge.com

Basically if you are not using the card for rent or international transaction, it will probably not impact you.

Biggest devaluation is no cashback on insurance and utility bill payment. It will probably impact lot of people's considering many people don't have Axis Ace Card.

 

[src223]

Biggest devaluation is no cashback on insurance and utility bill payment. It will probably impact lot of people's considering many people don't have Axis Ace Card.

Wait, Ace still has cashback on insurance payments?

 

[rp0703]

Wait, Ace still has cashback on insurance payments?

No, I don't think so.

 

[rp0703]

But who pays utility bill via this card?

Probably a person who don't have Apay or Tata Neu Plus card. I used to pay insurance via this card.

 

[Vineet_]

Wait, Ace still has cashback on insurance payments?

I think all axis cashback removed from insurance category

W.e.f. September 15th, 2022, cashback shall not be eligible for payments made towards purchase of gold/jewelry items(all transactions made on MCC – 5944) and insurance premium payments (all transactions made on MCC – 6300)..

 

[Vineet_]

Wait, Ace still has cashback on insurance payments?

What will be alternative of Ace & Fk Axis in utility except Airtel axis & SBI Cashback ?

 

[Vineet_]

AU LIT is good option.

My Annual Fee is due next month and decided to close the card and emailed PNO about the same. Retention team called and gave me 2500 edge reward points which will cover Rs. 500 out of Rs. 590. So will keep this card for another year. Anyway Since I have SBI Cashback card and I have no utility for this card.

Recently paid my annual fee of 590 now its fully devaluated from March 2023 any way to maximize benefits atleast recover its fee i am not heavy spender in flipkart , myntra only 1.5 % bracket was in used now it seems not beneficial further.

 

[rp0703]

Recently paid my annual fee of 590 now its fully devaluated from March 2023 any way to maximize benefits atleast recover its fee i am not heavy spender in flipkart , myntra only 1.5 % bracket was in used now it seems not beneficial further.

To recover your annual fee you need to spend Rs. 40000 considering 1.5% CB. Use the card for offline purchases. For utility buy gift card from Amazon itself. Merchant name shows as Amazon India, you might get cashback. Try with small amount. Write to Nodal officer or PNO to get Annual Fee reversal. If they don't provide Fee reversal, they might provide edge reward points.

 

[Sandeepmbm]

Only effect on Myntra shopping otherwise good . Shopping from grabdeal and return 10 % on flipkart . Annual fee waiver criteria not good

 

[Sharjeelshaikh]

Biggest devaluation is no cashback on insurance and utility bill payment. It will probably impact lot of people's considering many people don't have Axis Ace Card.

Is ganje ko follow mat Karo Khali copy paste karta hai

 

[rp0703]

Is ganje ko follow mat Karo Khali copy paste karta hai

Who only copy paste?

 

[Sharjeelshaikh]

Who only copy paste?

Livefromalounge wala

 

[rp0703]

Livefromalounge wala

Ok.ok.

 

[CHOCOPANDA]

What will be alternative of Ace & Fk Axis in utility except Airtel axis & SBI Cashback ?

500rs on utilty per month. 5% of 10000.
so if ur utility bill is less than 10000 . then ace is best.