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

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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- Screenshot_20220224-134137_Drive.jpg -
 
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AakashCJB said:
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!
Click to expand...
November if u spend 1l u r eligible for 25k bonus.
It’s card issued month not activated month
 
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I had spent more than 1L in November, but one of the transactions had a partial refund (~12k). If I consider that, technically I spent ~95k in November. The way this is treated in the statement is clear, the 12k shows up as a credit in December statement. But would this affect my milestone benefit?
 
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kshaunak said:
I had spent more than 1L in November, but one of the transactions had a partial refund (~12k). If I consider that, technically I spent ~95k in November. The way this is treated in the statement is clear, the 12k shows up as a credit in December statement. But would this affect my milestone benefit?
Click to expand...
yes, not eligible.
 
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kshaunak said:
I had spent more than 1L in November, but one of the transactions had a partial refund (~12k). If I consider that, technically I spent ~95k in November. The way this is treated in the statement is clear, the 12k shows up as a credit in December statement. But would this affect my milestone benefit?
Click to expand...
Thus the waiting period of 90 days for milestone benefits. AXIS is smart 🙂
 
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rajneeshray said:
Thus the waiting period of 90 days for milestone benefits. AXIS is smart 🙂
Click to expand...
They could do what everyone else does and just debit points upon refund and even throw you into negative balance. Also while it might be a lesser percentage of people, there's plenty of cases where you could be getting a refund after 90 days specially on travel related expenses.
 
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