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Yes u r rightI believe the accelerated reward points are on transaction value and so you should get 180. At least this how it is in HDFC Bank. So hope Axis is also the same.
But for different tiers like 3x and 5x we miss Edge Rewards for 200 each 100 from both vouchersWhat if there are 2 different vouchers of different multipliers, say one is 5x and another is 10x?
Could you elaborate on this?But for different tiers like 3x and 5x we miss Edge Rewards for 200 each 100 from both vouchers
We have a long thread on this with different examples but I am not getting it now
Found thisYes u r right
But for different tiers like 3x and 5x we miss Edge Rewards for 200 each 100 from both vouchers
We have a long thread on this with different examples but I am not getting it now
This thread has explained it all.Could you elaborate on this?
Also can you please clarify that whether the Edge Gyftr limits for various vouchers (eg. 10k for Apay) is per Axis card or Per axis edge portal account.Yes u r right
But for different tiers like 3x and 5x we miss Edge Rewards for 200 each 100 from both vouchers
We have a long thread on this with different examples but I am not getting it now
Per cardAlso can you please clarify that whether the Edge Gyftr limits for various vouchers (eg. 10k for Apay) is per Axis card or Per axis edge portal account.
Ok this something new to me.Found this
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Axis GiftEdge Accelerated Rewards Credited for Aug-2022
Axis GiftEdge accelerated Rewards credited for the month of August-2022; however pending for July-2022 transactions. please check yours.www.technofino.in
This thread has explained it all.
From what I have gathered, scenario 2 has been applicable for most people who have shared their experience. We usually get 1x point on the total cart value in multiples of Rs. 200 and the rest in the form of 2x, 4x, or 9x points per voucher, too in multiples of Rs. 200. So scenario 2 is the most appropriate one.Ok this something new to me.
Let's say that I purchased 5 vouchers of Rs. 1000 each which had a 10% discount and a 10x rewards multiplier. Can someone confirm which of the following scenarios is true:
Scenario 1:
1x and 9x both on final transaction value
- Amount Spent in the single transaction : Rs. 4500
- 1x Reward Points : (4400*12)/200 = 264
- 9x Accelerated Reward Points : (4400*9*12)/200 = 2376
- Total Reward Points in Scenario 1 : 2640
Scenario 2:
1x on final transaction value and 9x on per voucher value
- Amount Spent in the single transaction : Rs. 4500
- 1x Reward Points : (4400*12)/200 = 264
- Amount Spent per voucher: Rs. 900
- 9x Accelerated Reward Points : (800*5*9*12)/200 = 2160
- Total Reward Pointsin Scenario 2 : 2424
Scenario 3:
1x and 9x both on per voucher value
- Amount Spent per voucher: Rs. 900
- 1x Reward Points : (800*5*12)/200 = 240
- 9x Accelerated Reward Points : (800*5*9*12)/200 = 2160
- Total Reward Points in Scenario 3: 2400
So will I receive 2640 points or 2424 points or 2400 points? (assuming my calculations above are correct).
But as per the above comment from @Wealth is my birth right! , it seems it is Scenario 1.From what I have gathered, scenario 2 has been applicable for most people who have shared their experience. We usually get 1x point on the total cart value in multiples of Rs. 200 and the rest in the form of 2x, 4x, or 9x points per voucher, too in multiples of Rs. 200. So scenario 2 is the most appropriate one.
Scenario 1 if the voucher are all have same reward multiplier is my take.Ok this something new to me.
Let's say that I purchased 5 vouchers of Rs. 1000 each which had a 10% discount and a 10x rewards multiplier. Can someone confirm which of the following scenarios is true:
Scenario 1:
1x and 9x both on final transaction value
- Amount Spent in the single transaction : Rs. 4500
- 1x Reward Points : (4400*12)/200 = 264
- 9x Accelerated Reward Points : (4400*9*12)/200 = 2376
- Total Reward Points in Scenario 1 : 2640
Scenario 2:
1x on final transaction value and 9x on per voucher value
- Amount Spent in the single transaction : Rs. 4500
- 1x Reward Points : (4400*12)/200 = 264
- Amount Spent per voucher: Rs. 900
- 9x Accelerated Reward Points : (800*5*9*12)/200 = 2160
- Total Reward Pointsin Scenario 2 : 2424
Scenario 3:
1x and 9x both on per voucher value
- Amount Spent per voucher: Rs. 900
- 1x Reward Points : (800*5*12)/200 = 240
- 9x Accelerated Reward Points : (800*5*9*12)/200 = 2160
- Total Reward Points in Scenario 3: 2400
So will I receive 2640 points or 2424 points or 2400 points? (assuming my calculations above are correct).
None of these 🤣But as per the above comment from @Wealth is my birth right! , it seems it is Scenario 1.
Can other experts chime in?
@Copycat @RewardsAlert @Wealth is my birth right! @TechnoFino @Subhankar @anirban.choudhury @TheMentalist @Slayer
Edit1: I just went back to my points tracker in excel in which I was using scenario 1 for all calculations. If scenario 2 is true, I will loose exactly 5140 points. 😢
This formula is Scenario 1.None of these 🤣
Complex formula used by Axis is in attachment on this post : https://www.technofino.in/community...mit-reduced-to-10k-from-50k.10147/post-170351
The formula gives : 264 x (10 - 1) x [4500 / 4500] = 2376 which is Scenario 1 (Bcoz of single brand GV)I
This formula is Scenario 2.
I had also confirmed it from a fellow card holders axis rewards statement.