# Axis ACE base cashback cut to 1.5%

**Devaluation** · effective 20 April 2024

Affects: [Axis Bank ACE](https://getbrief.cards/cards/axis-ace)

verified · checked 14 June 2026 · recorded 14 June 2026

Source: https://cardinsight.in/axis-ace-credit-card/

## Also on these cards (4)

- 28 August 2026: [Axis cards earn nothing on gift card purchases](https://getbrief.cards/changes/axis-giftcard-aug26)
- 28 August 2026: [Axis Bank portfolio revision, 28 Aug 2026: tolls stop earning, DCC markup rises, late fees up](https://getbrief.cards/changes/axis-portfolio-2026-08-28)
- 28 August 2026: [Axis raises currency-conversion charges and stops rewarding tolls from 28 August](https://getbrief.cards/changes/axis-revision-2026-08-28)
- 20 June 2025: [Axis redefined reward exclusions by spend-category](https://getbrief.cards/changes/axis-mcc)

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Dates are the issuer’s, not Brief’s. A change that has been announced but has not taken effect yet reads “from” and sits at the top. Where an issuer published no date, the earliest dated confirmation stands in its place, and the entry is marked verified rather than official.

Every change, dated: https://getbrief.cards/changes
Canonical: https://getbrief.cards/changes/ace-deval
