Axis bank magnus credit card 25k milestone benefit - important update

[TechnoFinoTechnoFino is verified member.]

This is very important for those who recently got approved for axis magnus credit card.
If you spend 1L rupees in a calendar month using your axis magnus credit card you will get 25,000 edge points.
But according to the terms and conditions, you will not get milestone bonus in which month you have joined.
For example-
1. If your card was approved in Jan, 2022 - if you spend 1L in feb, 2022 - you will get 25k bonus points.
2. If your card was approved in feb, 2022 - if you spend 1L in feb, 2022 - you will not get 25k bonus. In this case you can enjoy bonus from March, 2022.
T&C attached below- -

 

[tsj49]

18L ITR? What is the pm salary criteria?

1.5L pm

 

[hashiro7hashiro7 is verified member.]

18L ITR? What is the pm salary criteria?

Open an Axis Account - Apply Online Fresh if you currently hold any Axis Card - they won't ask for any documents or verification call will be there.

 

[Rahul92]

Open an Axis Account - Apply Online Fresh if you currently hold any Axis Card - they won't ask for any documents or verification call will be there.

Are you sure ?
Any cibil hit ?

 

[hashiro7hashiro7 is verified member.]

Are you sure ?
Any cibil hit ?

Got my Magnus with CIBIL hit - applied Fresh Online - Had Flipkart and Airtel with 1.2L and 52k limit and a Liberty Account with them which was 1 month old - Got Pre-approved CC offer as well - checked but Magnus was not present in pre-approved (Ace was there).

While applying for Magnus entered 16L as my salary and the application was accepted and the card was delivered in 8-9 days. No Call No Verification.
Got a 3L limit on Magnus.

 

[ARV]

Got my Magnus with CIBIL hit - applied Fresh Online - Had Flipkart and Airtel with 1.2L and 52k limit and a Liberty Account with them which was 1 month old - Got Pre-approved CC offer as well - checked but Magnus was not present in pre-approved (Ace was there).

While applying for Magnus entered 16L as my salary and the application was accepted and the card was delivered in 8-9 days. No Call No Verification.
Got a 3L limit on Magnus.

One question on Liberty savings account, is credit card payment considered as spending ?

 

[hashiro7hashiro7 is verified member.]

One question on Liberty savings account, is credit card payment considered as spending ?

Yes

 

[Rahul92]

Got my Magnus with CIBIL hit - applied Fresh Online - Had Flipkart and Airtel with 1.2L and 52k limit and a Liberty Account with them which was 1 month old - Got Pre-approved CC offer as well - checked but Magnus was not present in pre-approved (Ace was there).

While applying for Magnus entered 16L as my salary and the application was accepted and the card was delivered in 8-9 days. No Call No Verification.
Got a 3L limit on Magnus.

I've 1 year old ACE with 1.5 L limit and Burgundy account. Where to check for pre approved offer ?

Any way to get the card without cibil enquiry ?

What was your score ?

 

[hashiro7hashiro7 is verified member.]

I've 1 year old ACE with 1.5 L limit and Burgundy account. Where to check for pre approved offer ?

Any way to get the card without cibil enquiry ?

What was your score ?

Got a banner a few weeks back regarding the pre-approved offer in the app. CIBIL - 753
Without inquiry, Magnus is possible if your other axis card limit is more than 3L.

 

[Ankit Mittal]

Is there any cap on the maximum reward points that can be earned on Axis Magnus Credit Card from the Travel Edge portal, Grab Deals portal and gyftr.com/edgerewards portal?

 

[ChurningNoob]

I read somewhere that Magnus has stopped rewarding points for rent payments is it true? My rent payment is coming shortly in a week

 

[Darshanc14]

Is there any cap on the maximum reward points that can be earned on Axis Magnus Credit Card from the Travel Edge portal, Grab Deals portal and gyftr.com/edgerewards portal?

Interested in knowing the same. Can anyone share their experience with big purchases on the grabdeals and gyfter portal?

As far as I have checked only the grabdeals portal has a monthly capping of 10k points.

 

[gurbina]

How long does it usually take to credit the milestone 25k points? It's been 60 days since the bill was generated but no luck yet, CS says they've got 90 days for that. Unfortunate but just wondering if anyone receives them any quicker.

 

[chasni]

How long does it usually take to credit the milestone 25k points? It's been 60 days since the bill was generated but no luck yet, CS says they've got 90 days for that. Unfortunate but just wondering if anyone receives them any quicker.

Based on what I have read, it varies. Sotimes they credit soon while other times they take their sweet time of 90 days.

 

[amit]

How long does it usually take to credit the milestone 25k points? It's been 60 days since the bill was generated but no luck yet, CS says they've got 90 days for that. Unfortunate but just wondering if anyone receives them any quicker.

min 90 days.

 

[Parvesh Goyal]

25k points credited for July month.

 

[Wealth is my birth right!]

This is very important for those who recently got approved for axis magnus credit card.
If you spend 1L rupees in a calendar month using your axis magnus credit card you will get 25,000 edge points.
But according to the terms and conditions, you will not get milestone bonus in which month you have joined.
For example-
1. If your card was approved in Jan, 2022 - if you spend 1L in feb, 2022 - you will get 25k bonus points.
2. If your card was approved in feb, 2022 - if you spend 1L in feb, 2022 - you will not get 25k bonus. In this case you can enjoy bonus from March, 2022.
T&C attached below- View attachment 34-

Will get my magnus delivered next week so I keep quiet this October and spend by November thanks

 

[Wealth is my birth right!]

By when after joining do the Tata Cliq vouchers reach?

As long as u completed 1st swipe or purchase u will get sms

 

[Wealth is my birth right!]

Surely u will get no worries but u can see only after dec last week

I had applied for Magnus last week and approved on 27th Aug. Card has been dispatched on 29th Aug and will reach by 1st Sept.
Will I be able to get the milestone benefit in September?

 

[AakashCJB]

Hello TF Community!
The magnus card got approved on October 28th.
It’s on the way & Expected date is 1st or 2nd November. Will activate it as soon as I get it.

So for the 1,00,000 monthly milestone, will it take it from November or from December?

Thanks!

 

[Harry1]

Hello TF Community!
The magnus card got approved on October 28th.
It’s on the way & Expected date is 1st or 2nd November. Will activate it as soon as I get it.

So for the 1,00,000 monthly milestone, will it take it from November or from December?

Thanks!

I saw someone mentioned like if card is appearing in app now, it will be applicable from next month, otherwise need to wait one more month.