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Axis Bank hunts down ex-customers who gamed rewards system
short by / on Sunday, 2 March, 2025
Axis Bank is demanding repayment from credit cardholders, including former customers, over reward points gained through a technical glitch on refunded transactions. The bank is seeking cash repayments for points redeemed via a loophole, raising legal and ethical concerns about retroactive enforcement, fairness, and whether customers should be liable for errors that occurred.
read more at Trak.in