Why So many are crazy for AXIS ACE and IDFC Wealth?

[Credit raja]

I have been through many posts of TF community.
One thing i observed very frequently. So many members of TF community are trying HARD to get these two cards.
Even many premium card holders are running behind IDFC wealth card.

Don't understand why?

 

[vip3rc5]

Axis ACE gives 5% Cashback on GPay Recharge & Bill Payment as well as 2% Flat Cashback everywhere. That's why everyone wants it
IDFC Wealth is a VISA Infinite Card which is LTF and has BOGO Offer as well as 16 Domestic + International Lounge Access for free along with many other benefits, such benefits are usually seen in Paid Cards. For eg. SBI Aurum has 16 Lounge Access and it's Fees 10K + GST

 

[Credit raja]

Axis ACE gives 5% Cashback on GPay Recharge & Bill Payment as well as 2% Flat Cashback everywhere. That's why everyone wants it
IDFC Wealth is a VISA Infinite Card which is LTF and has BOGO Offer as well as 16 Domestic + International Lounge Access for free along with many other benefits, such benefits are usually seen in Paid Cards. For eg. SBI Aurum has 16 Lounge Access and it's Fees 10K + GST

HDFC Millenia, Amazon pay ICICI (with prime) and SBI Cashback these cards also gives same 5% CB on Recharge and Bill payments plus these cards can give 5% CB on travel, online grocery, hotel booking etc categories. which easily gives you edge on 2% CB of Ace on other categories.

one can get Movie offers and lounge access are also there with these cards.

IF one is very good at credit card use then with Amex , infinia and magnus can earn much better return.

even Infinia, Amex, SC ultimate and magnus owners also trying hand on ACE and Wealth. 🤔

 

[Wealth is my birth right!]

HDFC Millenia, Amazon pay ICICI (with prime) and SBI Cashback these cards also gives same 5% CB on Recharge and Bill payments plus these cards can give 5% CB on travel, online grocery, hotel booking etc categories. which easily gives you edge on 2% CB of Ace on other categories.

one can get Movie offers and lounge access are also there with these cards.

IF one is very good at credit card use then with Amex , infinia and magnus can earn much better return.

even Infinia, Amex, SC ultimate and magnus owners also trying hand on ACE and Wealth. 🤔

Got wealth even though I have Amex and magnus
Yes Ace I calculated like your ways and didn’t apply from my gpay even though it shows
Moreover axis 3 cards max so i kept space for reserve and atlas in future

 

[vaibhav111vaibhav111 is verified member.]

I have been through many posts of TF community.
One thing i observed very frequently. So many members of TF community are trying HARD to get these two cards.
Even many premium card holders are running behind IDFC wealth card.

Don't understand why?

axis ace cause it offer was supposed to end by 31-3-2023, and the card benefit is already explained and for wealth I'm not sure even though i got approved for one though for me it was different cause i plan out for others I'm not sure.

 

[starstruck]

Ace is best for offline spends as a low fees card with a 2% cash back. For online, there are card combinations that can work better directly or via gift cards.

 

[akshayhs]

With a name like Credit raja, you must know. On a lighter note, seems like that name is now a namesake 😜🤣

 

[satviksehgal]

I don't get the hype for Ace. SC Ultimate and SBI CB are far better cards.

 

[satviksehgal]

Even Tata Neu is a great card otherwise.

 

[hakunamatata]

I don't get the hype for Ace. SC Ultimate and SBI CB are far better cards.

Firstly, Ace gives 2% cashback in statement credit, no points fuss nothing with just 590 fees (Joining fee reversed by spending just 10k in first 45 days and renewal fee reversed by spending 2L in a year).

Secondly, you just need a GPay invite to get the card on the other hand SC Ultimate is very difficult to get (high CL requirement for C2C, serviceable area issue, etc.)

Thirdly, You pay 5900 fees for Ultimate for which you do get equal number of points (except the Rs. 900 gst part). But those points cannot be redeemed for useful vouchers like Flipkart and Amazon.

And even for bill payments, for Ace you just directly pay through GPay and get 5% statement cashback, again no fuss even if you have big electricity bills i.e. >25k. As amazon restricts bill payments upto 25k only.

At last it is a no non-sense card, which you should get if you can.

 

[Credit raja]

With a name like Credit raja, you must know. On a lighter note, seems like that name is now a namesake 😜🤣

No doubts these card benefits are good in there peer middle/entry level cards.

Premium card holders can get more benefits from their cards. Still Why they want these ACE/Wealth kind of entry to middle cards ?

Didn't understand that logic?

Let me know if you have understand it.

 

[RupayMan]

No doubts these card benefits are good in there peer middle/entry level cards.

Premium card holders can get more benefits from their cards. Still Why they want these ACE/Wealth kind of entry to middle cards ?

Didn't understand that logic?

Let me know if you have understand it.

We have a n number of CC collectors here, they collect Entry to mid to top cards if eligible for them and why do leave a LTF cards like wealth with a lot of lounge access and Visa Infinite benefits added up.. Also you never know when a card can be useful according to banking offers. So having it all makes choices easier..

 

[starstruck]

No doubts these card benefits are good in there peer middle/entry level cards.

Premium card holders can get more benefits from their cards. Still Why they want these ACE/Wealth kind of entry to middle cards ?

Didn't understand that logic?

Let me know if you have understand it.

People like to collect cards. Also, there is no guarantee on devaluation of cards.