• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Axis Magnus Burgundy vs INFINIA METAL

My employer has Axis as the primary bank partner and I have an option to switch my salary account from HDFC to Axis.
Had a chat with my Axis RM and he said my account can be upgraded to Burgundy if its made a salary account due to the tie up, even though I don't meet the 3L net credit criteria (only 2.6 L).
So If I am a Burgundy account holder, is M4B free? Or if its paid, any perks of being a Burgundy account holder.
I had normal Magnus and I closed it after devaluation.
 
My RM says 30k+gst is chargeable even after burgundy status. I joined axis in june, as of now I am not eligible for M4B although sal credit is 3L+ every month. RM said post sal in Nov first week, I will get it but on full chargeable basis. Joining, renewal fees everything
 
I feel infinia is better for gyftr vouchers and hotel booking. Though Amazon vouchers are now not that attractive because of taxes. Overall you can get only 15000 accelerated reward points per month so at maximum 33% your spends are limited to less than 50000 per months.
Axis m4b is now useless for gyftr but great for travel edge and AEP. Monthly limit is really high. Even routine expenses you get 4.8 percent, if converted to miles and around 24 percent for hotels and flights
Take your call
 
My employer has Axis as the primary bank partner and I have an option to switch my salary account from HDFC to Axis.
Had a chat with my Axis RM and he said my account can be upgraded to Burgundy if its made a salary account due to the tie up, even though I don't meet the 3L net credit criteria (only 2.6 L). Toy
So If I am a Burgundy account holder, is M4B free? Or if its paid, any perks of being a Burgundy account holder.
I had normal Magnus and I closed it after devaluation.
Your account can be upgraded to only burgundy but it will still not be True Burgundy. You will not be given the Magnus Burgundy card. Magnus Burgundy card is available only in case of true burgundy status. There are no exceptions here. In case of the salary route, the salary has to be above 3L
 
Back
Top