If Axis Magnus devaluation is true, everyone should avoid Axis cards wherein you are required to pay Joining Fees and you expect joining bonus in return. In such case after card activation, you may not receive Joining Bonus as Axis generally mentions that Joining Bonus will take 60 days from the date of card activation. If axis changes the Tand C in between with 30 days notice, you will end up paying Joining Fees and will not receive anything in return.