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Axis Magnus Master List of Exclusions | Guide | Update Date: 9th June, 2023 - 5:30 AM IST

James2307mr

TF Premier
RML Group
VIP Lounge
Update Date: 9th June, 2023 - 05:35 AM IST
(Added: Foreign Currency Transaction Fees + GST Exclusion)
Not able to update post header.


REGULAR ER POINTS
Sr. No.TypeMCCLimitations
Source
1Direct Wallet Loads6540https://edgerewards.axisbank.co.in/lms/terms-conditions
SCHEDULE A
2Rent6513Max 3000 ER Points per monthhttps://edgerewards.axisbank.co.in/lms/terms-conditions
SCHEDULE A
3EMI transactionsNAhttps://edgerewards.axisbank.co.in/lms/terms-conditions
SCHEDULE A
4Joining/Renewal Fee + GSTNANA
5Fuel5541, 5542, 5983Min spend of Rs. 4001 per transactionTechnoFino Forums : User Tested
6Insurance6300, 6381, 5960, 6012, 6051Max 6000 ER Points per transactionhttps://edgerewards.axisbank.co.in/lms/terms-conditions
SCHEDULE A
7GrabDealsNAMax 10000 ER Points per monthhttps://grabdeals.axisbank.com/home
8Foreign Currency Transaction Fees + GSTNANA
9Any transaction below Rs. 200NANA

MONTHLY MILESTONE - 25K ER Points on spend of 1 Lakh in the calendar month
Sr. No.TypeMCCSource
1Direct Wallet Loads6540https://www.axisbank.com/docs/defau...it-card-terms-and-conditions-for-affluent.pdf
2Rent6513https://www.axisbank.com/docs/defau...it-card-terms-and-conditions-for-affluent.pdf
3Joining/Renewal Fee + GSTNANA
4Foreign Currency Transaction Fees + GSTNANA

ANNUAL MILESTONE - Rs. 10000 + GST Fee Waiver on spend of Rs. 15 Lakhs and above as per the card preceding anniversary year
Sr. No.TypeMCCSource
1Direct Wallet Loads6540https://www.axisbank.com/docs/defau...it-card-terms-and-conditions-for-affluent.pdf
2Rent6513https://www.axisbank.com/docs/defau...it-card-terms-and-conditions-for-affluent.pdf
3Joining/Renewal Fee + GSTNANA
4Foreign Currency Transaction Fees + GSTNANA

GYFTR EDGE LIMITATION
  • A customer (registered mobile number) can buy a maximum of Rs. 10,000 worth of Amazon Pay Gift Cards in a calendar month.
  • A customer (registered mobile number) can buy a maximum of Rs. 50,000 worth of Amazon Shopping Vouchers in a calendar month.
  • A customer (registered mobile number) can buy a maximum of Rs. 10,000 worth of Flipkart Gift Cards in a calendar month.
  • A customer (registered mobile number) can buy a maximum of Rs. 20,000 worth of TATA CLiQ Gift Vouchers in a calendar month.
  • A customer (registered mobile number) can buy a maximum of Rs. 2,50,000 worth of Gift Vouchers in a calendar month.
TIPS
  • Indirect Wallet Loads (e.g. loading money in Paytm wallet via Uber at 0% charge) aren't categorised under MCC code of 6540 most of the times and are counted towards Regular ER Points, monthly milestone and annual milestone.
  • Rent Payments made through RedGiraffe and PayZapp 2.0 combo are categorised as insurance spends and thus can be counted in monthly milestone and annual milestone.
  • Advance payments done on EMIs like Education Loan, Car Loan, etc. are not considered as EMI Transactions. EMI Transactions are specifically those transactions which have been made on card and converted into EMI.
  • Fuel Transactions between Rs. 400 and Rs. 4000 are awarded a fuel surcharge waiver of 1% and thus are not awarded Regular ER Points. So to gain Regular ER Points, do a transaction of at-least Rs. 4001.

Important TnC Links
1. https://www.axisbank.com/retail/car.../terms-and-conditions/important-announcements
2. https://www.axisbank.com/docs/default-source/default-document-library/mitc-credit-cards.pdf
3. https://edgerewards.axisbank.co.in/lms/terms-conditions
4. https://www.axisbank.com/docs/defau...xis-bank-credit-card-terms-and-conditions.pdf
5. https://www.technofino.in/community/threads/axis-magnus-important-tnc-links.2659/

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I am compiling a list of exclusions in a single thread that apply on Axis Magnus card as these are scattered around in multiple threads on the forum.

I'll keep updating this list. You guys are also welcomed to let me know about any addition or subtraction from this list.
 
Last edited:
Update Date: 30th Mar, 2023

REGULAR ER POINTS


View attachment 12933

MONTHLY MILESTONE - 25K ER Points on spend of 1 Lakh in the calendar month

View attachment 12919

ANNUAL MILESTONE - Rs. 10000 + GST Fee Waiver on spend of 15 Lakhs in the billing year cycle

View attachment 12920

I am compiling a list of exclusions in a single thread that apply on Axis Magnus card as these are scattered around in multiple threads on the forum.

I'll keep updating this list. You guys are also welcomed to let me know about any addition or subtraction from this list.

I have a few questions to update this post better:

1. Do indirect wallet reloads (like loading PayTm wallet via Zomato, etc.) treated as regular wallet reloads?
2. Does insurance payments or electricity bill payments fall in any of the above exclusion lists?
3. Currently, is there any method which can be used to pay rent which doesn't carry the MCC code of 6513?
Pay through redgiraffe through payzapp. It comes under insurance mcc
 
EdgeRewards across all merchants is limited to 10k ER max? I don’t get the 6th one.
 
Kudos @James2307mr
U made the typical buzz moment wrong lol
@Slayer 😜
My inputs
1. Yes but some truck to make wallet to treat mcc as non wallet in paytm
2. Both included since it’s utilities
3. Use payzapp new and red giraffe now magnus goes thru
Hahah, my bad!

Could you share the tricks to treat mcc as non wallet loads in paytm?

Also, rent through payzapp/redgiraffe is categorised as insurance? And paying directly through redgiraffe as rent payment? Right?
 
Hahah, my bad!

Could you share the tricks to treat mcc as non wallet loads in paytm?

Also, rent through payzapp/redgiraffe is categorised as insurance? And paying directly through redgiraffe as rent payment? Right?
Yes direct RG is treated as rental mcc
Reg paytm wallet load see if u get all cap paytm then it’s utility not wallet mcc
 
Whats the max rewards that can be gained through gyftr portal? In grab details its mentioned as 10k max per month.

Also monthly milestone counts for the full month right?
 
Rent
Excluded from Monthly Milestone
Included in base ER upto 3000 ER per month

Insurance
Included in month milestone
Included in base ER upto 6000 ER per month

Wallet Load
Excluded from Monthly milestone and base ER
Where is the limit of 6000 ER per month for Insurance mentioned? Is it a new thing after 5th March?
 
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