Gpay started 1% inconvenience fee

[HumorSimpson]

Where did you buy the AGV from SBI Card's E-Store or directly from Amazon?

Amazon website. .

 

[dexter_greycells]

Everyone who is rushing to cancel their Axis Ace for the 0.75% convenience fee increase are mostly relying on SBI Cashback + APay Voucher via Amazon route or Axis Airtel. The former is technically a loophole because SBI Cashback's T&Cs state that 5% CB is not applicable for GVs. So, if and when SBI or Amazon decides to close that loophole, and they certainly will, then will you cancel your SBI Cashback too? As for Axis Airtel, the cashback on non-Airtel utilities is capped at 10% OFF up to Rs 250 a month. So, one bill of Rs 2500 and you are done for the month. That way Axis Ace lets you go up to Rs 500 a month at 5% OFF. That's Rs 10k worth of utilities.

I had a friend get this because their biggest monthly expense was groceries and all kinds of stuff from DMart. At 1.5% CB, Axis Ace has been unbeatable there. Second biggest monthly expense are utilities and recharges all of which are non-Airtel. Unless using a CC is costing you more than paying in cash or via UPI, you shouldn't be cancelling the card.

 

[aniketkr.sharma]

Everyone who is rushing to cancel their Axis Ace for the 0.75% convenience fee increase are mostly relying on SBI Cashback + APay Voucher via Amazon route or Axis Airtel. The former is technically a loophole because SBI Cashback's T&Cs state that 5% CB is not applicable for GVs. So, if and when SBI or Amazon decides to close that loophole, and they certainly will, then will you cancel your SBI Cashback too? As for Axis Airtel, the cashback on non-Airtel utilities is capped at 10% OFF up to Rs 250 a month. So, one bill of Rs 2500 and you are done for the month. That way Axis Ace lets you go up to Rs 500 a month at 5% OFF. That's Rs 10k worth of utilities.

I had a friend get this because their biggest monthly expense was groceries and all kinds of stuff from DMart. At 1.5% CB, Axis Ace has been unbeatable there. Second biggest monthly expense are utilities and recharges all of which are non-Airtel. Unless using a CC is costing you more than paying in cash or via UPI, you shouldn't be cancelling the card.

It's yours perspective, but people don't have only sbi cashback loophole, they also have infinia & dcb that is already giving 8-16% cashback on AGV's, so they are cancelling this card as it now gives much lesser rewards in terms of what they can get from other cards.

 

[dexter_greycells]

It's yours perspective, but people don't have only sbi cashback loophole, they also have infinia & dcb that is already giving 8-16% cashback on AGV's, so they are cancelling this card as it now gives much lesser rewards in terms of what they can get from other cards.

Right. I am just advising people to take a pause and think long and hard about it. Cancel culture, herd mentality, byte-sized analyses (i.e. reels) and knee-jerk reactions have become an epidemic nowadays.

Infinia and DCB are RP based and not CB. So, that's a different league. Also, with the 3.5% + GST surcharge on APay vouchers, the RPs are now down to 12.5% on Infinia and 5.8% on DCB. The surcharge is also real money that goes immediately out of your pocket in return for those RPs (which are 1:1 only for flights and hotels that are slightly marked up over normal rates) that you will redeem months later and that too up to 70% at a time. CB is real money credited the next month. For people who are not loaded (i.e. rich), that's always better.

 

[HumorSimpson]

Everyone who is rushing to cancel their Axis Ace for the 0.75% convenience fee increase are mostly relying on SBI Cashback + APay Voucher via Amazon route or Axis Airtel. The former is technically a loophole because SBI Cashback's T&Cs state that 5% CB is not applicable for GVs. So, if and when SBI or Amazon decides to close that loophole, and they certainly will, then will you cancel your SBI Cashback too? As for Axis Airtel, the cashback on non-Airtel utilities is capped at 10% OFF up to Rs 250 a month. So, one bill of Rs 2500 and you are done for the month. That way Axis Ace lets you go up to Rs 500 a month at 5% OFF. That's Rs 10k worth of utilities.

I had a friend get this because their biggest monthly expense was groceries and all kinds of stuff from DMart. At 1.5% CB, Axis Ace has been unbeatable there. Second biggest monthly expense are utilities and recharges all of which are non-Airtel. Unless using a CC is costing you more than paying in cash or via UPI, you shouldn't be cancelling the card.

Agree. A small brake on agvs will topple the card 💳,just as we saw on idfc DC rewards

 

[rajcasio]

After a long time(no CC application for the last 10+ months) applied and got ACE yesterday. Now Convenience fee started🤪
After cooling period i'm going to apply for AIRTEL CC.
Till then AIRTEL AXIS holders...enjoy

 

[creditadicard]

Thanks a lot. Now all my utilities will be on sbi cashback card 💳 via the agv route. Amazon really showed whose the boss here.

Now time to give mangalam to my axis ace cc.

From where to buy agv to get cashback on SBI CB cc as it shows no CB on agv now

 

[HumorSimpson]

From where to buy agv to get cashback on SBI CB cc as it shows no CB on agv now

Recently too I bought AGV on Amazon and did get 5% CB.
ALso there is a website to buy agvs with sbi cb for 5%. DM @Abhishek012

 

[saniruidas]

Yes. The clean gpay interface and 5% cashback on ace will be missey

Yes I love GPay interface, fast simple and all things automated.

OTP fill automatically, just need to put finger in fingerprint sensor.
All done .

 

[saniruidas]

Certain banks charging 1% above 20k or 50k for utility payments via cc n now these payment apps as well on top of it.

Guess time to close the less rewarding cc's

Yes.
Axis upto 25 k per month utility free. After 1% +GST.
Yes bank . 15k
Rbl 20k .

 

[saniruidas]

After a long time(no CC application for the last 6+ months) applied and got ACE yesterday. Now Convenience fee started🤪
After cooling period i'm going to apply for AIRTEL CC.
Till then AIRTEL AXIS holders...enjoy

You are lucky enough 😂 but nothing to lose for Airtel Axis, 250 for month is not much. If they reduce nobody will use their card . 250 for airtel recharge also not good, because Jio recharge plan is chipper then there plans, so people no need to use Airtel Service .

 

[saniruidas]

w

why 4800? isn't is 500×12=6000 now

1% convenience fee on GPay every payment via this card.

 

[kirang]

Now all the utility bill payments are getting levied 0.9% inconvenience fee. Earlier it was only for telecom and it was only 1.9rs not any %.

Now there is hardly any usp of axis ace credit card.


Today I noticed amazon app is not levying any fee for water bill payment via apay cc. Is this same for you too?

Shift to tata neu infinity for utility payments.

 

[iamdhamo]

I paid eb bill today and today I dint got 1% extra convenience fee
Also the same was applicable for mobile recharge as well. Earlier there was convenience fee for using axis ace card but today it was not applied. There was only platform fee for mobile recharge of 1.9rs

Not sure it's temp glitch by gpay and they may again bring back convenience fee once people start to use axis ace again.

Or is it cos many closed the card so they removed the convenience fees via Axis ace?

 

[Das.N]

I paid eb bill today and today I dint got 1% extra convenience fee
Also the same was applicable for mobile recharge as well. Earlier there was convenience fee for using axis ace card but today it was not applied. There was only platform fee for mobile recharge of 1.9rs

Not sure it's temp glitch by gpay and they may again bring back convenience fee once people start to use axis ace again.

Or is it cos many closed the card so they removed the convenience fees via Axis ace?

That seems like a temporary glitch, they are showing convenience fee for my broadband,LPG, prepaid recharge for every credit/debit card (including Axis Ace).
But they should reconsider those fees at least for Axis Ace
( Yeh card devalue hote hote Diamond se Koyla bann gaya hai)

 

[Dr_Card]

Now all the utility bill payments are getting levied 0.9% inconvenience fee. Earlier it was only for telecom and it was only 1.9rs not any %.

Now there is hardly any usp of axis ace credit card.


Today I noticed amazon app is not levying any fee for water bill payment via apay cc. Is this same for you too?

Looks like i have to close my axis ace cc

Yes it's main USP deminishes with processing fee charge..

 

[iamdhamo]

That seems like a temporary glitch, they are showing convenience fee for my broadband,LPG, prepaid recharge for every credit/debit card (including Axis Ace).
But they should reconsider those fees at least for Axis Ace
( Yeh card devalue hote hote Diamond se Koyla bann gaya hai)

Today when I checked for paying another eb bill, I did not got credit card option itself. I got only saving acc and rupay credit cards. The visa n mc cards that I had added already didn't show up

 

[rajcasio]

Today when I checked for paying another eb bill, I did not got credit card option itself. I got only saving acc and rupay credit cards. The visa n mc cards that I had added already didn't show up

Unfortunately it seems like a GLITCH particularly on your side.
I stopped using GPAY because of a similar BUG on my app which takes around 20 secs to complete a self transfer/merchant/bill payment transaction

 

[iamdhamo]

Unfortunately it seems like a GLITCH particularly on your side.
I stopped using GPAY because of a similar BUG on my app which takes around 20 secs to complete a self transfer/merchant/bill payment transaction

Hmm guess I also need to stop using axis ace card via gpay n should buy hsbc live+ for offline spending wrt 1.5% cb