Axis Magnus Burgundy Magnus 5:4 ratio

[drsel]

1) Please post here when your Magnus card with Burgundy status shows a 5:4 conversion ratio.

2) Also post if you have received a brand new Burgundy Magnus card or have the same old Magnus card.

3) Whether the brand new burgundy Magnus card is lifetime free or old Magnus card is made lifetime free because of your Burgundy 10 lac AQB savings account.

So far I don't think anyone in India is getting it, but its supposed to be starting from 15 to 21 September 2023.

Also kindly let us know how simple and easy it is to convert your existing ordinary savings account in Axis Bank to a Burgundy savings account. Thanks 🙏

 

[Nubar]

1) no
2), 3) no update since the first intimation email

See 5:2 ration TE portal.

 

[PreciousTincture]

no card, no first intimation nothing on my side 🙁

side question: have anyone tried govt spends post 1st September and got ERs ?

 

[SteelSh0t]

Opened burgundy yesterday still getting 5:2 ratio

 

[NOOBY]

Woah, didn't knew they are replacing magnus cards with burgundy magnus (that's a bad call)

 

[rdargar]

no card, no first intimation nothing on my side 🙁

side question: have anyone tried govt spends post 1st September and got ERs ?

Axis has paused reward points credit to Magnus holders , even the base rewards will not be credited for some time , so no way to know about gvt transactiom. However as per the last notification mos probably no rewards

 

[CC-Muncher]

1) Please post here when your Magnus card with Burgundy status shows a 5:4 conversion ratio.

2) Also post if you have received a brand new Burgundy Magnus card or have the same old Magnus card.

3) Whether the brand new burgundy Magnus card is lifetime free or old Magnus card is made like lifetime free because of your Burgundy 10 lac AQB savings account.

So far I don't think anyone in India is getting it, but its supposed to be starting from 15 to 21 September 2023.

Also kindly let us know how simple and easy it is to convert your existing ordinary savings account in Axis Bank to a Burgundy savings account. Thanks 🙏

Ok

 

[H2O]

Every day we have another Burgandy + Magnus thread. Just saying..🤪🤪

 

[Deleted member 11974]

Woah, didn't knew they are replacing magnus cards with burgundy magnus (that's a bad call)

Matlab
Elaborate

 

[NOOBY]

Matlab
Elaborate

Saw this SS somewhere on the internet:

 

[Deleted member 11974]

Saw this SS somewhere on the internet:
View attachment 29454

did anyone in our forum get this?

 

[drsel]

Saw this SS somewhere on the internet:
View attachment 29454

This is proof that all the accumulated existing points will get converted at 5:4 ratio if you make a Burgundy account.

What about the spends on the other three cards in your portfolio after making a Burgundy savings account ?
Will the other cards like Samsung infinite, Rewards , Select, Indian Oil also get 5:4 ratio conversion for future spends from September 2023 onwards?

 

[praneeth999]

did anyone in our forum get this?

Yeah, i got it on 1st September.

 

[kalratush]

did anyone in our forum get this?

Yep, I’m in a family burgundy account with my dad and both of us got it

 

[SteelSh0t]

Yep, I’m in a family burgundy account with my dad and both of us got it

did you get burgundy magnus?

 

[kalratush]

did you get burgundy magnus?

I don't think anyone has got it yet, still waiting for a follow up email to this last one from axis

 

[SteelSh0t]

I don't think anyone has got it yet, still waiting for a follow up email to this last one from axis

I opened a burgundy account 2 days ago but I didn't receive this email.

I also contacted axis customer care and they said that they are going to fix the transfer ratio by 16th this month

 

[drsel]

I opened a burgundy account 2 days ago but I didn't receive this email.

I also contacted axis customer care and they said that they are going to fix the transfer ratio by 16th this month

Will the other cards in your portfolio also get 5:4 ratio from 16 Sep onwards, if you are Magnus burgundy?

 

[PreciousTincture]

confirmed by burgundy customer care, changes will come in action by tomorrow. when i asked about magnus+ , they werent aware of same.

 

[Deleted member 11974]

Will the other cards in your portfolio also get 5:4 ratio from 16 Sep onwards, if you are Magnus burgundy?

nothing of that has been mentioned as of now