Axis Burgundy Account Eligibility Criteria Not Maintaining

[kunalsignup1]

I guess you wanted to ask this from the OP about their account status?

If you have a burgundy account and maintain the burgundy criteria i.e. monthly salary credit in burgundy salary account, then you can reach out to them for M4B.
Did you check with your RM? I would suggest to talk to your RM today and get to know what they have to say.

RM are useless ppl 😅 ... her reply aisa bhi hota hai 😐

 

[Quantum]

RM are useless ppl 😅 ... her reply aisa bhi hota hai 😐

Phir to M4B nahi ho payega usse..
Call their Burgundy line and ask them about the procedure.
Only get the info first.

 

[Ravana_88]

Query to people in the forum . I have burgundy account since Dec'23 owing to my salary and was able to get M4B LTF . Now that I am switching companies, my new company doesn't have a tie-up with Axis for corporate salary and I will lose Burgundy status ( dont want to maintain min 10 L savings or TRV limit ) , I wanted to understand the following things :

1) Is it possible to talk to the RM and get the Burgundy extended without corporate tie-up . I can still have the salary credited manually
2) If 1st doesn't work , after how many months will my Burgundy status be downgraded and what will happen to the card . Will I be charged 30k + taxes but I still have the card or do I get downgraded to normal Magnus
3) Burgundy used to give me 4.8% return after partners miles conversion for day to day transaction and 2/3 months in a year, I used to cross 1.5 L monthly . Is there any other card or combination of cards which can be a substitute for this .

 

[sourpai]

Query to people in the forum . I have burgundy account since Dec'23 owing to my salary and was able to get M4B LTF . Now that I am switching companies, my new company doesn't have a tie-up with Axis for corporate salary and I will lose Burgundy status ( dont want to maintain min 10 L savings or TRV limit ) , I wanted to understand the following things :

1) Is it possible to talk to the RM and get the Burgundy extended without corporate tie-up . I can still have the salary credited manually
2) If 1st doesn't work , after how many months will my Burgundy status be downgraded and what will happen to the card . Will I be charged 30k + taxes but I still have the card or do I get downgraded to normal Magnus
3) Burgundy used to give me 4.8% return after partners miles conversion for day to day transaction and 2/3 months in a year, I used to cross 1.5 L monthly . Is there any other card or combination of cards which can be a substitute for this .

1. Yes it is possible to talk to your RM and get new company added as part of tie up. Try talking to your RM in a positive tone, but indicating that he can loose a good customer if new company is not added to tieup list. Do not talk about loosing Magnus burgundy card. As far as I know, adding a company to tie up list is simple process

2. RM can clarify this point, but Axis system recognises no salary credit post 3 months and then downgrades. MB does not get converted to normal Magnus... most likely 35k fees will be charged, but honestly there is not enough clarity about this process

3. No other card is as good, especially if you are crossing 1.5L per month in expenses - however other cards such as Infinia / ICICI EPM are good to look at with lesser returns

 

[Ravana_88]

1. Yes it is possible to talk to your RM and get new company added as part of tie up. Try talking to your RM in a positive tone, but indicating that he can loose a good customer if new company is not added to tieup list. Do not talk about loosing Magnus burgundy card. As far as I know, adding a company to tie up list is simple process

2. RM can clarify this point, but Axis system recognises no salary credit post 3 months and then downgrades. MB does not get converted to normal Magnus... most likely 35k fees will be charged, but honestly there is not enough clarity about this process

3. No other card is as good, especially if you are crossing 1.5L per month in expenses - however other cards such as Infinia / ICICI EPM are good to look at with lesser returns

Thanks man for the comprehensive reply . I have Infinia , trying to get EPM but seems difficult without an adarsh RM . Will try out the 1st point for sure .