Hello All,
May I know if anyone got First year fee waiver (unconditional) for Magnus credit card , based on your relationships with Axis like Burgundy or any other ?
I spoke to some burgundy RMs and head of Burgundy south channel .. Here is what I understood
-> There is no FYF (conditional/unconditional) given to customer, even though if they are having Burgundy relationship
-> If there is any high demand customer - then Burgundy RM need to borne the waiver charges from the respective branch cost center .. This requires higher level approvals
-> Axis may run some offers for fee waivers during short time for some of branches with preapprovals.. During this time, one can apply and get the waiver but this will be released with limited quota
May I know if anyone got First year fee waiver (unconditional) for Magnus credit card , based on your relationships with Axis like Burgundy or any other ?
I spoke to some burgundy RMs and head of Burgundy south channel .. Here is what I understood
-> There is no FYF (conditional/unconditional) given to customer, even though if they are having Burgundy relationship
-> If there is any high demand customer - then Burgundy RM need to borne the waiver charges from the respective branch cost center .. This requires higher level approvals
-> Axis may run some offers for fee waivers during short time for some of branches with preapprovals.. During this time, one can apply and get the waiver but this will be released with limited quota
