Airtel Axis Credit Card devaluation: Difference between revisions
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*Cashback will directly be credited in your credit card statement | *Cashback will directly be credited in your credit card statement | ||
== | ==Incidents== | ||
On 10th March 2026 the company | On 10th March 2026, the company has updated terms: [https://www.axis.bank.in/docs/default-source/default-document-library/terms-and-conditions-for-airtel-cbcc-cvp.pdf Revision of AIRTEL AXIS BANK CREDIT CARD Terms and Conditions]. Which totally voided the cards benefits. Though the website as of today 13-03-2026 still is marketing it on the basis of the old benefits. | ||
The company has a clever way of portraying that the changes are a kind of revaluation, and the customers will benefit more. Which is clearly not the case, as the benefits are "paywalled" behind the 1% spends category. | The company has a clever way of portraying that the changes are a kind of revaluation, and the customers will benefit more. Which is clearly not the case, as the benefits are "[[Pay-walling|paywalled]]" behind the 1% spends category. | ||
''What has changed'' | ''What has changed'' | ||
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*10% cashback benefit on Swiggy, Zomato, and BigBasket has been replaced with a 10% value back on Zomato, Blinkit, and District Movies, applicable via Ecom as the mode of payment. | *10% cashback benefit on Swiggy, Zomato, and BigBasket has been replaced with a 10% value back on Zomato, Blinkit, and District Movies, applicable via Ecom as the mode of payment. | ||
*Plus there are other minimum buy restrictions. - Lounge access discontinued. | *Plus there are other minimum buy restrictions. - Lounge access discontinued. | ||
==Consumer response== | ==Consumer response== | ||
[https://www.reddit.com/r/CreditCardsIndia/comments/1rpplp7/airtel_axis_devalued_now_only_1_spend_basis/ Reddit discussion] - Customers are furious with the move and many have already started closing the card, as their renewal dates are due soon. | [https://www.reddit.com/r/CreditCardsIndia/comments/1rpplp7/airtel_axis_devalued_now_only_1_spend_basis/ Reddit discussion] - Customers are furious with the move and many have already started closing the card, as their renewal dates are due soon. | ||
== See also == | |||
* [[False advertising]] | |||
* [[Post-purchase EULA modification]] | |||
==References== | ==References== | ||