Axis Bank Brutal Devaluation of Atlas/Reserve/M4B/Vistara/Samsung/Flipkart/Ace/Airtel/Myzone/IOCL Credit Cards.. Axis early Diwali gifts to all :D

R

rafzy

KF Rookie
Axis has blanket devalued almost all of its credit cards today. Check your email for notifications
 
1

17ysaurabh

KF Mentor
Just saw the mail.
For Airtel Axis CC:
  • The 25% cashback limit on Airtel recharges has been reduced from Rs. 300 to Rs. 250.
  • The 10 % cashback limit on utility bills has been reduced from Rs. 300 to Rs. 250.
  • To avail of lounge benefits, one must spend more than Rs. 50k in the last 3 months.
It is significant devaluation 🙃
 
ShavirB

ShavirB

Founder
Staff member
Shocking. Have never seen such a major devaluation. Does anyone else think this could be an after effect of Citi Bank's takeover?
 
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