Axis Magnus Does Magnus consider Bharatnxt transactions for milestones?

[maynigam]

Hey guys.
I need to make a genuine payment of 30000 to a carpenter’s bank account as he does not have a credit card machine. Can I use bharatnxt safely? I am also trying to achieve my monthly 1lakh spend milestone by doing this as I have spent of around 70k this month already.
Should I go ahead?

 

[rbpbsb1999]

I paid 40k using SnapPay in May and received the milestone reward. Didn’t get banned either. Try your luck.

 

[sd.ac]

I pay a (personal) driver's salary each month with a Magnus using Bharatnxt - and have received the milestone bonus without issue.

Re. your question: I don't think you will get a clear yes or no from anywhere except the bank (maybe not even then). My guess is that as long as your Bharatnxt transactions do not constitute the bulk of your monthly spends, you should be okay.

 

[maynigam]

I pay a (personal) driver's salary each month with a Magnus using Bharatnxt - and have received the milestone bonus without issue.

Re. your question: I don't think you will get a clear yes or no from anywhere except the bank (maybe not even then). My guess is that as long as your Bharatnxt transactions do not constitute the bulk of your monthly spends, you should be okay.

Thank you. That makes sense!
I think it would be best to make the payment in the beginning of the month so that I can check if they are giving edge rewards rather than doing it at the end of the month and wondering if it will be counted for milestone or not.

 

[Deleted member 11974]

Hey guys.
I need to make a genuine payment of 30000 to a carpenter’s bank account as he does not have a credit card machine. Can I use bharatnxt safely? I am also trying to achieve my monthly 1lakh spend milestone by doing this as I have spent of around 70k this month already.
Should I go ahead?

if you want to play safe do it through paytm wallet load,
if it is the first time take the risk accordingly and use bharat nxt
ask the carpenter to give a receipt if possible

 

[maynigam]

if you want to play safe do it through paytm wallet load,
if it is the first time take the risk accordingly and use bharat nxt
ask the carpenter to give a receipt if possible

I thought wallet loads don’t count towards milestone.
since you advised about the receipt, does the bank do investigation etc?

 

[Deleted member 11974]

I thought wallet loads don’t count towards milestone.
since you advised about the receipt, does the bank do investigation etc?

banks have been doing investigation especially axis and more over bharatnxt as it is a b2b service provider.
in this forum somebody shared an email where axis asked for a justification of spends dont on bharat nxt and those points were reversed and the redemptrion was blocked.
also if the wallet load doesnt come under excluded mcc then it wont be a problem

 

[maynigam]

oh. That’s great. I can show them the receipt. If there is any investigation.
How do we find out about the MCC?

banks have been doing investigation especially axis and more over bharatnxt as it is a b2b service provider.
in this forum somebody shared an email where axis asked for a justification of spends dont on bharat nxt and those points were reversed and the redemptrion was blocked.
also if the wallet load doesnt come under excluded mcc then it wont be a problem

 

[Deleted member 11974]

@VISHESH_BANSAL kindly help him with mcc

oh. That’s great. I can show them the receipt. If there is any investigation.
How do we find out about the MCC?

 

[Strange]

oh. That’s great. I can show them the receipt. If there is any investigation.
How do we find out about the MCC?

Bharatnxt transaction comes under utility.

 

[Harry1]

I paid 40k using SnapPay in May and received the milestone reward. Didn’t get banned either. Try your luck.

Snapay is not a business merchant, Bharatnext is.

 

[Strange]

Snapay is not a business merchant, Bharatnext is.

Snapay transaction also comes under utility.

 

[Harry1]

Snapay transaction also comes under utility.

Yes. But not under business merchant category.

 

[Strange]

Yes. But not under business merchant category.

Right, Axis knows that BharatNXT is a b2b app as it is being used by so many Axis CC users to rotate money or bank transfer. They consider BharatNXT transactions as business spends and they might give you warning/notice or cancel your card if you do it regularly or do high value transactions.