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Can anyone confirm this?I just had a call with Axis support team, and to my surprise, they are saying the following statement from important announcements is also applicable for magnus card and the backend team is in the process of updating the terms and conditions.
"Axis Bank Select Credit Card will not be eligible for earning EDGE REWARDS on Insurance, rent, fuel, educational services, utilities and government spends. The transactions for each category are identified through Merchant Category Codes* (MCC), defined by the Network, e.g. Visa, MasterCard and RuPay. Axis Bank does not define the merchant category. Category-wise MCC codes are: Insurance - 6300, 6381, 5960, 6012, 6051; Rent – 6513; Fuel - 5541, 5542, 5983; Educational services – 8299, 8211, 8241, 8244, 8249; Utilities - 4814, 4816, 4899, 4900; Government services - 9222, 9311, 9399, 9402. The revision is effective from 05-03-2023."
Yes, I spoke to the customer care and he said the same thing, but can confirm that it isn't true. Got the RPs for government transaction (NPS), utility (gas cylinder) and Insurance this month.Can anyone confirm this?
And they are counted in milestone too?Yes, I spoke to the customer care and he said the same thing, but can confirm that it isn't true. Got the RPs for government transaction (NPS), utility (gas cylinder) and Insurance this month.
Probably, yes. It'll be confirmed in 90-120 days. But since the customer care was wrong about RPs, he's probably wrong about milestone, too.And they are counted in milestone too?
Yes.The merchant category for some of my transactions are categorized as "MISCELLANEOUS". Will they be considered for monthly milestone? They are not rent or wallet load transactions. One of them is for a cycle purchase from a local shop and the other are donations.
Did you get RP for those tnxs??The merchant category for some of my transactions is categorized as "MISCELLANEOUS". Will they be considered for monthly milestone? They are not rent or wallet load transactions. One of them is for a cycle purchase from a local shop and the other are donations.
Others. We don’t get RP when it’s others. Misc/utilities we get RP and covered in milestone.What Merchant Category is shown in Magnus Billing Statement for Wallet loads - is it Others, Miscellaneous or something else??
not yet. Haven't got RPs for other transactions either.Did you get RP for those tnxs??
What category is Money Manager showing for those tnx? (Details : https://www.technofino.in/community...s-on-axis-bank-personal-finance-manager.7684/)not yet. Haven't got RPs for other transactions either.
View attachment 15347What category is Money Manager showing for those tnx? (Details : https://www.technofino.in/community...s-on-axis-bank-personal-finance-manager.7684/)
Not sure then.. maybe others can help @Wealth is my birth right! @WhoU @VISHESH_BANSAL @James2307mr @Harry1View attachment 15347
It's categorized as others
Need to note this particular amount with date and check with cc for exact mccNot sure then.. maybe others can help @Wealth is my birth right! @WhoU @VISHESH_BANSAL @James2307mr @Harry1
The best way to check would be to call customer care and ask for the MCC code. With the MCC code you can categorise it and know whether they are eligible for ER or not!The merchant category for some of my transactions is categorized as "MISCELLANEOUS". Will they be considered for monthly milestone? They are not rent or wallet load transactions. One of them is for a cycle purchase from a local shop and the other are donations.
U can pay by BharTnxt if u get ur loan account payment detailsCan we pay advance payments for personal loans or home loans via credit cards? Someone please guide me on how to do that ? Thanks in advance!