Axis Bank Magnus Credit Card Rewards and Milestone Benefits- Edge points not credited for few transactions

[Vish]

I have a Magnus card which I've used for 2 rent payments this month. One on CRED and another on Paytm. Haven't received edge reward points yet for both txns even though it's been more than 4 days since. Have attached txn and reward point screenshots.

1. How many days does it usually take for edge rewards to be credited? Should I wait further?
2. Or does it mean that my rent payments have not been counted as eligible for monthly milestone of 1L spends and I've to plan my future spends accordingly to meet the target without these 2 txns?

Thanks in advance.

 

[Parvesh Goyal]

For transactions from May 20-28 my reward points are credited yesterday, 1st of June. So long but finally..

But mine haven't been credited since 10th of May..

 

[Harry1]

But mine haven't been credited since 10th of May..

Same, nothing for transactions from 19-25th May.

 

[Parvesh Goyal]

Same, nothing for transactions from 19-25th May.

I think there is no consistency in Axis Bank.

 

[Harry1]

LOL
In a month, their systems will hardly be working for a week
Whenever I ask anything their systems are always having some type of problems

Burgundy account is must for axis. No value or priority customers .

 

[Parvesh Goyal]

Burgundy account is must for axis. No value or priority customers .

HDFC customer service is much better for premium cards. In Axis nobody is there to care..

 

[Parvesh Goyal]

Recd 25K bonus edge points for March yesterday..

 

[Harry1]

What about 2x points for February?

 

[Harry1]

Amazon voucher is back on gyftr, but no 5x points.

 

[Amrish]

Not a question related to reward points, but wanted to check what is the limit required on existing axis card for upgrade to magnus. I have a select which had 1 lac limit. Was declined earlier saying required limit is 3 lacs. Now I have option to increase limit to 2 lacs on the app. Just wondering if I should take it and try or should I wait out longer to increase to 3 lacs+.
Anybody has experience of upgrading to magnus with less than 3 lacs limit?
Also, any idea of what multiple of ITR would axis give a limit for a self employed professional?

 

[Amrish]

What I can say is if you want a higher variant CC
Then always do take the limit enhancements

It'll eventually help you down the line if you want higher variants

Appreciate the generic response, but I was looking for something more specific from someone who has had such an experience

 

[Harry1]

Today got points for transactions on 19-20 May. But not for transactions from 25th onwards.

 

[Harry1]

Can anyone share screenshot of Axis Gyftr 5x edge rewards offer? I did one transaction in February, but didn't receive bonus points. Now they are asking to share offer screenshot.

 

[prtjan20]

I have noticed that rental payments from PayZapp were identified as insurance transactions and points were limited to 250.
Did anyone notice the same. And how are payzapp wallet additions considered. Whether as wallet load or as Insurance transaction.

 

[visvin]

Axis seems to be crediting the normal edge points on the statement generation date for me regardless of the actual transaction date or type, be it Bookmyshow or Insurance or Rental.
Yet to get the 25K bonus for Apr transaction.

 

[visvin]

Axis seems to be capping reward earn to 6000 points per transaction. I should have got 7104 points but credited 6000 only.
Details on the rewards page say "All_MCC_Capping_Applied".
And Axis front end support says I should be getting 7104 points but back end closes the ticket saying there's capping but does not explain what & why the capping? Any one got a clue?

 

[vysakh]

The 6000 points per transaction capping is mentioned somewhere in the Magnus TnC. Not sure if it was mentioned directly like that if they said the reward points are capped for transactions up to 1L. But either way, it's mentioned somewhere

 

[visvin]

The 6000 points per transaction capping is mentioned somewhere in the Magnus TnC. Not sure if it was mentioned directly like that if they said the reward points are capped for transactions up to 1L. But either way, it's mentioned somewhere

I went through their T&C to find this wording, but got nothing stating that. Only this was mention on the Magnus page 'Earn 12 reward points for EVERY ₹200 spent'. Anywho, Axis won't budge from giving me more than 6K points.

 

[visvin]

Did you mail them

Yeah. Multiple mails, calls and tickets. Front end staff creates a ticket saying you should get the point for the whole amt. But their back end teams closes the SR ticket stating capping. So no use wasting time on this again and again :/

 

[Harry1]

Axis seems to be capping reward earn to 6000 points per transaction. I should have got 7104 points but credited 6000 only.
Details on the rewards page say "All_MCC_Capping_Applied".
And Axis front end support says I should be getting 7104 points but back end closes the ticket saying there's capping but does not explain what & why the capping? Any one got a clue?

I wonder how will they credit my 98K points for 30x Holi sale offer for 66K purchase.

 

[visvin]

Did you Tweet?

No, didn't do that. Figured they would do the same :/