Gpay started 1% inconvenience fee

[me_sovon]

 

[Kumar93196]

Same here. No usp of ace now

I will request for cancellation of ace after end of this month

 

[PANK]

Paytm is one step forward

 

[PavvanPavvan is verified member.]

Now Axis ACE can't be used even for gpay utilities
with effective cashback of 3.8% not that worth

 

[surojitLaha]

Man this is so sad.
I used to pay electricity, water,gas bills using this card 😞

 

[tachniki]

But problem is 40+ Aged people still use them even they levy convenience fees. Unless you’re tech or fin enthusiast most young people won’t know the alternatives to pay things without any fees & few know how to get something back, every time we pay something. So these Fintech companies mulch on these categories of people

Bhai, tu 40+ walo ki le raha hai, young people ki le raha hai, non tech savy ki le raha hai? Kiski le raha hai? 😁

 

[HumorSimpson]

Man this is so sad.
I used to pay electricity, water,gas bills using this card 😞

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

 

[Madhur Pareek]

Thanks for sharing

 

[saniruidas]

I think best option is paying via Unipay Canara Setu, Airtel Or Bank’s Native Apps. But problem is 40+ Aged people still use them even they levy convenience fees. Unless you’re tech or fin enthusiast most young people won’t know the alternatives to pay things without any fees & few know how to get something back, every time we pay something. So these Fintech companies mulch on these categories of people

Can I use credit card on Unipay ?

 

[saniruidas]

Looks like i have to close my axis ace cc

Now Max 4800 cashback on utility, 600 annual fee 4200 per year profit.

Previous 6000-600= 5400 profit.

1200 less profit 😕.

 

[maheshspanicker]

Tata Neu or Amazon, while the fun last there! Tata Neu is already devaluing Neupass, so more should be on the way. Indus Mobile doesn't charge anything, and sometimes gives some small little offers too, but the UI is from the previous century!

 

[Kumar93196]

Now Max 4800 cashback on utility, 600 annual fee 4200 per year profit.

Previous 6000-600= 5400 profit.

1200 less profit 😕.

Its for those who use ace extensively for ocassional.user it will be 3k annaully over a fee for 590.
I got sbi cb 3/4 months back and i already have 7k cb in that....

 

[saniruidas]

Its for those who use ace extensively for ocassional.user it will be 3k annaully over a fee for 590.
I got sbi cb 3/4 months back and i already have 7k cb in that....

It's exclusively for utility comes with good benifits, previous devaluation from bank side on others spent 2 to 1.5 % , now devaluation as convenience fee from co branded partner side 1% .

Airtel also devaluate monthly 300 to 250.

Cashback card also give cashback in previous without any online marchent restrictions, but then they also restricted utility.

I have paisabazar yes Card it's also give 3% , excludes utility and wallet.

 

[saniruidas]

Tata Neu or Amazon, while the fun last there! Tata Neu is already devaluing Neupass, so more should be on the way. Indus Mobile doesn't charge anything, and sometimes gives some small little offers too, but the UI is from the previous century!

Indie app also gives 50 flat per minimum 500 utility upto 500 per month, but now 25 only.

I have kotak super account debit card which also gives 5% upto 500 per month. But it's own money 😶

 

[aniketkr.sharma]

Soon it will be everywhere with convenience fee or platform fee

And soon again we will be shifting to cash, as rewards and fees are making themselves equal, so why credit cards use debit cards or upi

 

[iamdhamo]

And soon again we will be shifting to cash, as rewards and fees are making themselves equal, so why credit cards use debit cards or upi

Yeah already it's happening with small merchants where they pass the mdr if v use cc. They ask cash or upi upto 50k or net banking

 

[iamdhamo]

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

 

[RAMESH BABU N]

CONVENIENCE FEE for them.

INCONVENIENCE FEE for us(ers).

 

[dexter_greycells]

Looks like i have to close my axis ace cc

%5 CB - 1% convenience fee is still 4% CB. Don't rush into closing that card.
Also remember it is the industry leader in offering flat and unlimited 1.5% CB (and not RPs) on all offline payments (except the usual exceptions of government, fuel, jewellary, insurance).

 

[HumorSimpson]

%5 CB - 1% convenience fee is still 4% CB. Don't rush into closing that card.
Also remember it is the industry leader in offering flat and unlimited 1.5% CB (and not RPs) on all offline payments (except the usual exceptions of government, fuel, jewellary, insurance).

I am not rushing. Will do the gimmick of threatening to close the card on next annual fee billing month March'25 and I really don't care even if they close it.

1. 5% CB on bills can be achieved thru sbi cb agv route
2. for offline kiwi 2% CB works well.