Watch this. It's very informative!

Senators Probe How Airlines Make Money From Frequent Flyer Programs
Airline loyalty programs are designed to offer frequent flyers an exclusive experience while keeping airlines profitable.

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Watch this. It's very informative!
Wow! So devaluation is inevitable for any program with never expiring miles..Another interesting analysis how artificially creating air miles out of thin air and selling them to credit card issuing banks for real money are so profitable for all the Airlines![]()
Senators Probe How Airlines Make Money From Frequent Flyer Programs
Airline loyalty programs are designed to offer frequent flyers an exclusive experience while keeping airlines profitable.www.forbes.com
Devaluation is inevitable even for airline programs with expiring milesWow! So devaluation is inevitable for any program with never expiring miles..
Starbucks had around $200 million in unused/expiring gift voucher credits in the US.. Read about it a while ago. Very sneaky!!It's like any business printing gift vouchers and selling them for real cash.
AkbarAlly used to do it in the last century.
Now there are so many online companies doing it
Yes but I suppose they can delay or avoid doing it for longerDevaluation is inevitable even for airline programs with expiring miles
International & domestic airmiles value in India by Moolah geeks--Europe is also devalued today!
I think they are devaluing everything but it's just taking them some time. If I'm right, US should be next
Did they send a mail?Axis has officially confirmed that points are credited after a longer duration (from 20 April 2024), as follows (calendar days including holidays) --
Magnus burgundy 15 days
Atlas 18 days
Samsung Infinite 45--60 days
IOCL 5--7 days
Miles and More 28th of every month
Other cards 30 days
No one can guarantee it. Hope for the best, as of now doesn't seem bright.Is there any chance to bring back Bookmyshow offer on Magnus card in coming Future?
I am convinced that Axis has a huge number of employees in a building somewhere manually checking every transaction on every card, dividing by 100 or 200 and multiplying by 2 or 12 and entering the result in a box on their screen which then goes through three levels of approvals (points crediter, manager points crediting, VP points crediting). How else can this stupid delay be explained when nearly all other banks automatically credit the points as soon as the transaction is settled?Axis has officially confirmed that points are credited after a longer duration (from 20 April 2024), as follows (calendar days including holidays) --
Magnus burgundy 15 days
Atlas 18 days
Samsung Infinite 45--60 days
IOCL 5--7 days
Miles and More 28th of every month
Other cards 30 days
I appreciate your optimism.But hey, we should credit them for employment generation which is badly needed in our country! 👍
It's not new, these were always the same timelines , we used to get early so farI phoned customer care to find out why points were delayed. They have not intimated officially.
In my case also transaction of 19th got missedReceived few points for transactions on 23-24th. But transaction on 19th got missed🤦♂️.