Axis Atlas Devaluation - Another Good Credit Card Killed by Axis

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Last Comment 2024-03-20

Axis Bank Offers

Singh-the-King

2024-03-19

Axis Bank Atlas Credit Card Devaluation

After Magnus, seems Axis Atlas is next sad

While you continue to make the most of your ATLAS Credit Card, we would like to update you regarding a few changes to the features on your Credit Card, effective 20^th April 2024:

Spends on government services, utilities, gold/jewellery, rent, wallet, insurance and fuel will not be eligible for EDGE Miles earn, milestone achievement calculation and Tier evaluation*.

Earn 5 EDGE Miles for every Rs. 100 spent on TRAVEL EDGE , airlines and hotels up to cumulative transactions of Rs. 2,00,000 per month. Earn 2 EDGE Miles per Rs. 100 spent above cumulative transactions of Rs. 2,00,000 per month*.

Get up to 10,000 EDGE Miles as milestone benefit on achieving spends milestone:

Spends Milestone( in Rs.)	*Number of EDGE* Miles**
On Rs. 3,00,000 spends	2,500
On Rs. 7,50,000 spends	Additional 2,500
On Rs. 15,00,000 spends	Additional 5,000

Get up to 5000 EDGE Miles as annual Benefit basis tiers:

Cardholder tier	*Number of EDGE* Miles**
Silver(Base)	Not Applicable
Gold	2,500
Platinum	5,000

Total EDGE Miles that can be transferred to partner points in a calendar year will be capped* at 1.5 Lakh in a calendar year.

All partners under Miles Transfer Program are classified into two groups (Group A & Group B). For redemption, you will be able to transfer:

a.	Maximum of 30,000 EDGE Miles to partners in Group A.

b.	Maximum of 1,20,000 EDGE Miles to partners in Group B.

For details on Groups A & B, please click here.

Airport Meet & Assist, airport transfer and 24*7 complimentary concierge services will be discontinued.

Disclaimer

We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.

Deal Wiki

Created by : Amit.Saha 2024-03-21

Axis Bank Credit Card Devaluation

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https://www.desidime.com/comments/permalink/9957953

Singh-the-King

2024-03-19

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https://www.desidime.com/comments/permalink/9958085

APS004

2024-03-19

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Wasn't rent already excluded from milestone and regular point ?

https://www.desidime.com/comments/permalink/9958129

Sidhi.Baat.No.Bakwas

2024-03-19

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Sabko cc pakda kar devlaue kar diya.. aisa to fraud hai.. 1 month pahle free me narne ke baad sabko devalue kqr diya..

https://www.desidime.com/comments/permalink/9958140

Sidhi.Baat.No.Bakwas

2024-03-19

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Utility par cb nahi to cc useless.. anyway i have kiwi and axis freecharge too.. not sure if fk freecharge also devalued

https://www.desidime.com/comments/permalink/9958163

sri222

2024-03-19

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Freecharge CC also devalued

Utility spends on any other platforms except Freecharge platform will not be eligible for cashback.

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https://www.desidime.com/comments/permalink/9958232

jainhitesh1983

2024-03-19

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They also devalued Axis Magnus

https://www.desidime.com/comments/permalink/9958629

DesiDIMEDealer

2024-03-20

Link Copied

Check it out ->👇🏼

This is bound to happen

👆🏼

Who knows what future holds But for now credit card pandemic is gripping India

👳

https://www.desidime.com/comments/permalink/9958825

mantrishubham33984

2024-03-20

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Also changed the T&C for Flipkart Axis credit card

https://www.desidime.com/comments/permalink/9958925

vishwanatharondekar857

2024-03-20

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Screenshot2024-03-20at8.26.26AM

Magnus is gone too. Bookmyshow gone, meet and greet gone. Lounge is spend based. I was gonna cancel in June month but will cancel next month itself.

https://www.desidime.com/comments/permalink/9959345

Gulag-Survivor

2024-03-20

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"We regret to inform you that we are unable to continue reward structure due to our innnterrrrrrnallllllll policies.As our bank's name (Ax$h!t) suggests,we will also turn it into $#!t."

Warm Regards,

Team Ax$h!t Bank
Dil Se Fraud