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Axis Magnus (Calculation on fees paid on GST)

  • Thread starter Thread starter Sherwin
  • Start date Start date
  • Replies Replies 9
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Sherwin

TF Select
For Magnus card by paying renewal fee too we get 10k Tata cliq voucher ah?
Which means every year 10k voucher? then only 1800 only cost na? Total cost of 11800...
 
D

Didn't get u bro.. Can you explain
If you buy 10K Tata Cliq vouchers via gyftr reward multiplier, you will get 3000 Edge points (600 Base + 2400 as multiplier). These 3000 points are eq to 2400 miles. Now depending on how you redeem miles you can get value anywhere between 0.8 to 1.8 rupee per points (more if you travel business class in international sector). Even if you take value of per mile as 0.8 the value of 2400 miles is Rs.1920. Hence effective cost of 10K Tata Cliq voucher is max Rs.8000.
 
G
If you buy 10K Tata Cliq vouchers via gyftr reward multiplier, you will get 3000 Edge points (600 Base + 2400 as multiplier). These 3000 points are eq to 2400 miles. Now depending on how you redeem miles you can get value anywhere between 0.8 to 1.8 rupee per points (more if you travel business class in international sector). Even if you take value of per mile as 0.8 the value of 2400 miles is Rs.1920. Hence effective cost of 10K Tata Cliq voucher is max Rs.8000.
Got it Bro.... 🙂
 
If you buy 10K Tata Cliq vouchers via gyftr reward multiplier, you will get 3000 Edge points (600 Base + 2400 as multiplier). These 3000 points are eq to 2400 miles. Now depending on how you redeem miles you can get value anywhere between 0.8 to 1.8 rupee per points (more if you travel business class in international sector). Even if you take value of per mile as 0.8 the value of 2400 miles is Rs.1920. Hence effective cost of 10K Tata Cliq voucher is max Rs.8000.
Oh! Interesting math.

So maximize lounges and eat and use the concierge service 😛
 
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