Airtel Axis Credit Card devaluation: Difference between revisions
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==Background== | ==Background== | ||
Axis Bank had launched this credit card with an annual fee of Rs. 500 + GST, specifically to benefit Airtel service users<ref>{{Cite web |title=https://www.axis.bank.in/cards/credit-card/airtel-axis-bank-credit-card |url=https://www.axis.bank.in/cards/credit-card/airtel-axis-bank-credit-card | | Axis Bank had launched this credit card with an annual fee of Rs. 500 + GST, specifically to benefit Airtel service users<ref>{{Cite web |title=Airtel Axis Bank Credit Card |url=https://www.axis.bank.in/cards/credit-card/airtel-axis-bank-credit-card |url-status=live |archive-url=https://web.archive.org/web/20260409225524/https://www.axis.bank.in/cards/credit-card/airtel-axis-bank-credit-card |archive-date=2026-04-09 |website=[[Axis Bank]]}}</ref> | ||
*25% cashback on Airtel Mobile, Broadband, WiFi and DTH bill payments via Airtel Thanks app *capped at INR 250 per statement cycle | *25% cashback on Airtel Mobile, Broadband, WiFi and DTH bill payments via Airtel Thanks app *capped at INR 250 per statement cycle | ||
*10% cashback on utility bill payments such as gas, electricity, etc., via Airtel Thanks app *capped at INR 250 per statement cycle | *10% cashback on utility bill payments such as gas, electricity, etc., via Airtel Thanks app *capped at INR 250 per statement cycle | ||
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==Consumer response== | ==Consumer response== | ||
Customers are furious with the move and many have already started closing the card, as their renewal dates are due soon.<ref>{{Cite web |last=@Right_Outside266 |date=Mar 2026 |title=Airtel axis Devalued , now only 1% spend basis |url=https://old.reddit.com/r/CreditCardsIndia/comments/1rpplp7/airtel_axis_devalued_now_only_1_spend_basis/ |url-status=live |website=Old [[Reddit]]}}</ref> | Customers are furious with the move and many have already started closing the card, as their renewal dates are due soon.<ref>{{Cite web |last=@Right_Outside266 |date=Mar 2026 |title=Airtel axis Devalued , now only 1% spend basis |url=https://old.reddit.com/r/CreditCardsIndia/comments/1rpplp7/airtel_axis_devalued_now_only_1_spend_basis/ |url-status=live |archive-url=https://web.archive.org/web/20260410185911/https://old.reddit.com/r/CreditCardsIndia/comments/1rpplp7/airtel_axis_devalued_now_only_1_spend_basis/ |archive-date=2026-04-10 |website=Old [[Reddit]]}}</ref> | ||
==See also== | ==See also== | ||