Update: Axis bank has removed devaluation PDF notice for Reserve, Privilege & Select Card from their website.
As of now, devaluation is only applicable on the Axis Bank Flipkart credit card.

Axis Bank has recently devalued some of its credit cards. Cards including Axis Bank Privilege, Axis bank reserve credit Card, Axis bank select, Axis Bank Flipkart Credit Card and my zone card will now provide lesser rewards and benefits. Watch this video wherein Moneycontrol’s Sahil Kherodiya explains why Banks Devalue Credit Cards?
#axisbankcreditcard #bankcreditcard #axisbank

Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools.
A part of Network18, moneycontrol.com is the most influential destination for stock market news and advice, business news, and news about the Indian and global economy.
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