https://www.desidime.com/comments/permalink/10135650
Bummer
0.75% on offline & 0.5% on utility upto 100 😌
Axis Bank Cashback Credit Card launched! 7% cashback on online spends
The Axis Bank Cashback Credit Card offers a variety of rewards and benefits, designed to maximize your savings on everyday expenses.
Key Features:
- Fees: Joining fee of ₹1,000 + GST and an annual fee of ₹1,000 + GST (waived if annual spends exceed ₹4 lakhs).
- Welcome Benefit: 5,000 EDGE Reward Points (worth ₹1,000) on the first transaction within 30 days of card issuance.
- Cashback Structure:
- 0.75% on offline transactions and travel spends.
- 2% on online spends up to ₹5,000.
- 5% on online spends between ₹5,001 and ₹40,000.
- 7% on online spends above ₹40,000.
- Total monthly cashback capped at ₹4,000.
- 0.5% on utility transactions, capped at ₹100 per statement.
- Additional Benefits: 25% instant discount up to ₹800 per month on dining through EazyDiner with a minimum transaction of ₹2,500.
Exclusions and Limitations:
- No cashback on rent payments, wallet loads, fuel, insurance, government institutions, education, and specific merchant category codes (MCCs).
- No fuel surcharge waiver.
- Cashback adjustments for transaction reversals and EMI conversions.
- No cashback during the block period of the card.
Image for illustration purposes only:
Key Features:
- Fees: Joining fee of ₹1,000 + GST and an annual fee of ₹1,000 + GST (waived if annual spends exceed ₹4 lakhs).
- Welcome Benefit: 5,000 EDGE Reward Points (worth ₹1,000) on the first transaction within 30 days of card issuance.
- Cashback Structure:
- 0.75% on offline transactions and travel spends.
- 2% on online spends up to ₹5,000.
- 5% on online spends between ₹5,001 and ₹40,000.
- 7% on online spends above ₹40,000.
- Total monthly cashback capped at ₹4,000.
- 0.5% on utility transactions, capped at ₹100 per statement.
- Additional Benefits: 25% instant discount up to ₹800 per month on dining through EazyDiner with a minimum transaction of ₹2,500.
Exclusions and Limitations:
- No cashback on rent payments, wallet loads, fuel, insurance, government institutions, education, and specific merchant category codes (MCCs).
- No fuel surcharge waiver.
- Cashback adjustments for transaction reversals and EMI conversions.
- No cashback during the block period of the card.
Image for illustration purposes only:
- Groups
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Finance
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Credit Card
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.
Top Comments
https://www.desidime.com/comments/permalink/10135661
Good for occasional loots like the superpe grocery mcc loot.
https://www.desidime.com/comments/permalink/10135711
that will be Rs.70714 for 4k CB right? comes around 5.66% so for those
1) online spends upto 40k, SBI CB will give 2k CB and Axis CB will give 1850CB (SBI wins by 150Rs)
2) online spends upto 70,714, SBI CB will give 3535 CB and Axis CB will give 4k CB (Axis wins by 465Rs)
3) online spends upto 1L, SBI CB will give 5k CB and Axis CB will give 4k CB (SBI wins by 1000Rs)
1) online spends upto 40k, SBI CB will give 2k CB and Axis CB will give 1850CB (SBI wins by 150Rs)
2) online spends upto 70,714, SBI CB will give 3535 CB and Axis CB will give 4k CB (Axis wins by 465Rs)
3) online spends upto 1L, SBI CB will give 5k CB and Axis CB will give 4k CB (SBI wins by 1000Rs)
View 4
more replies
https://www.desidime.com/comments/permalink/10135669
I hold three credit cards from axis. Can I get this?
https://www.desidime.com/comments/permalink/10135724
Will for go it as 3rd Axis Card..
As i don't have Any Sbi and HDFC Card.
https://www.desidime.com/comments/permalink/10135753
Can't trust axis
After 3 months they will devalue it
https://www.desidime.com/comments/permalink/10136015
@ Axis Bank, since the image is same as Axis Ace, can you please replace my Ace with this one? 🤣
https://www.desidime.com/comments/permalink/10136315
this is a trapping card:) not worth it because many wont spend 40k a month lol 
try to get SBI cashback and not this soon to be devalued axis card xD
https://www.desidime.com/comments/permalink/10137417
But if it gets combined with 10% discount then it can be good card for first year
View 4
more replies
https://www.desidime.com/comments/permalink/10136404
Can we apply via customer care on pre approval basis
https://www.desidime.com/comments/permalink/10136471
Those having SBI cb only apply if you are getting it LTF, else useless
https://www.desidime.com/comments/permalink/10136653
This will just have a turmoil effect on SBI CB CC.
These axis guys are launching a card similar to CB CC then they'll deploy devaluations by one in different terms, maybe CB % or up to a limit CB will be less or something of the kind.
SBI CB CC will follow the footsteps, at the end every company wants profits, this'll surely cross their mind.
https://www.desidime.com/comments/permalink/10136752
MY CITI oil card is LTF but
https://www.desidime.com/comments/permalink/10136748
This card is for loosers,
-SBI is king of bannking in india
-SBI cashback is king of credit card
AXIS team is bunch of reatireded schznio who only knows how to chase customer away with their decision
https://www.desidime.com/comments/permalink/10136842
Online travel spends will get 0.75% cashback?
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Reply
sbi cb still looks better, afraid with axis random exclusion list.
This card has an overall reward rate of around 5.8% on meeting spends criteria.
1) online spends upto 40k, SBI CB will give 2k CB and Axis CB will give 1850CB (SBI wins by 150Rs)
2) online spends upto 70,714, SBI CB will give 3535 CB and Axis CB will give 4k CB (Axis wins by 465Rs)
3) online spends upto 1L, SBI CB will give 5k CB and Axis CB will give 4k CB (SBI wins by 1000Rs)
this is a trapping card:) not worth it because many wont spend 40k a month lol
try to get SBI cashback and not this soon to be devalued axis card xD