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

[grshnehete]

Finally got the points today.

Same here, finally 10th April ER recieved yesterday

 

[paras.chaudhary]

Is there a monthly cap on max ER earned from travel edge? I want to make a booking of 70K from travel edge.

 

[Wealth is my birth right!]

Is there a monthly cap on max ER earned from travel edge? I want to make a booking of 70K from travel edge.

No cap

Same here, finally 10th April ER recieved yesterday

Did u get for GyFTR and marks spencer of February last week?

 

[grshnehete]

No cap

Did u get for GyFTR and marks spencer of February last week?

The points credited were for 10th April transactions which were having issues (1X points)
I got the card on March, so not sure about the accelerated points credit.

 

[kapoorsanyam]

If I paid rent via Cred/Paytm, will I receive normal edge reward points ? 6% of total amount paid ?
Additionally, is there any way or app to pay to get it counted towards monthly spends ?

Thanks in advance

 

[NikTravelEnthusiast]

If I paid rent via Cred/Paytm, will I receive normal edge reward points ? 6% of total amount paid ?
Additionally, is there any way or app to pay to get it counted towards monthly spends ?

Thanks in advance

I use Payzapp+Redgirrafe combination.
Advantages
1. Lowest charges(below 1%)
2.Eligible for Normal edge rewards points(as confirmed by many TF members)
3.Eligible for monthly milestone(MCC comes under insurance category)
4.Payment settles down in 3 to 4 days(personal experience)
5.No rejections or payment failures till now(personal experience)

This all are valid till date. Dont know when the things will get change.

 

[wokrishnahai]

There are no limitations when it comes down to the reward points one can make using travel edge and gyftr, Right?

 

[kapoorsanyam]

I use Payzapp+Redgirrafe combination.
Advantages
1. Lowest charges(below 1%)
2.Eligible for Normal edge rewards points(as confirmed by many TF members)
3.Eligible for monthly milestone(MCC comes under insurance category)
4.Payment settles down in 3 to 4 days(personal experience)
5.No rejections or payment failures till now(personal experience)

This all are valid till date. Dont know when the things will get change.

Thanks mate !!
Any idea about cred/paytm option ? Do we get normal points for that ?

 

[NikTravelEnthusiast]

Thanks mate !!
Any idea about cred/paytm option ? Do we get normal points for that ?

I have not tried it personally. But as per other threads, Rent by any means, we are entiled to get regular rewards points. But it will be not considered for monthly milestone(expept Payzapp+Redgirrafe, Bharatnxt).

 

[kapoorsanyam]

I have not tried it personally. But as per other threads, Rent by any means, we are entiled to get regular rewards points. But it will be not considered for monthly milestone(expept Payzapp+Redgirrafe, Bharatnxt).

Thanks for helping out !!

 

[vina]

Update Date: 4th May, 2023 - 11:10 AM IST (It is an old update: Adding Gyftr Limitations)

REGULAR ER POINTS

​

Sr. No.	Type	MCC	Limitations	Source​
1	Direct Wallet Loads	6540		https://edgerewards.axisbank.co.in/lms/terms-conditions SCHEDULE A
2	Rent	6513	Max 3000 ER Points per month	https://edgerewards.axisbank.co.in/lms/terms-conditions SCHEDULE A
3	EMI transactions	NA		https://edgerewards.axisbank.co.in/lms/terms-conditions SCHEDULE A
4	Joining/Renewal Fee + GST	NA		NA
5	Fuel	5541, 5542, 5983	Min spend of Rs. 4001 per transaction	TechnoFino Forums : User Tested
6	Insurance	6300, 6381, 5960, 6012, 6051	Max 6000 ER Points per transaction	https://edgerewards.axisbank.co.in/lms/terms-conditions SCHEDULE A
7	GrabDeals	NA	Max 10000 ER Points per month	https://grabdeals.axisbank.com/home

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

​

Sr. No.	Type	MCC	Source
1	Direct Wallet Loads	6540	https://www.axisbank.com/docs/defau...it-card-terms-and-conditions-for-affluent.pdf
2	Rent	6513	https://www.axisbank.com/docs/defau...it-card-terms-and-conditions-for-affluent.pdf
3	Joining/Renewal Fee + GST	NA	NA

ANNUAL MILESTONE - Rs. 10000 + GST Fee Waiver on spend of Rs. 15 Lakhs and above as per the card preceding anniversary year

​

Sr. No.	Type	MCC	Source
1	Direct Wallet Loads	6540	https://www.axisbank.com/docs/defau...it-card-terms-and-conditions-for-affluent.pdf
2	Rent	6513	https://www.axisbank.com/docs/defau...it-card-terms-and-conditions-for-affluent.pdf
3	Joining/Renewal Fee + GST	NA	NA

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.

is loading paytm via uber still considered non-wallet?

 

[helloworld]

.

 

[cardwizard]

Is it still working?

Yes, upto 4k per month.

 

[Kaiser]

It is mentioned in the list that fuel purchases above INR 4,000 will get reward points. But could anyone please clarify whether the purchase will also be counted towards monthly and yearly milestones? Thank you.

Made a transaction for INR 6,000 for fuel at Indian Oil. Received reward points for the same.

 

[Vickymaster1010]

paying 19k bill via payzapp will it b counted in milestone and will i get nbormal reward points?

 

[vina]

Yes, upto 4k per month.

Will it be considered non-wallet by Axis?

 

[cardwizard]

Will it be considered non-wallet by Axis?

yes

 

[rogerthat]

If I pay rent using Magnus through Freecharge (Rs.25000) will it count towards Rent or Wallet? Any experienced Technofiners here? And what will be the overall damages? 2.18%?

 

[TheMentalist]

If I pay rent using Magnus through Freecharge (Rs.25000) will it count towards Rent or Wallet? Any experienced Technofiners here? And what will be the overall damages? 2.18%?

Check here : https://www.technofino.in/community/threads/mcc-codes-of-few-merchants.13349/

 

[Warlock27]

If I pay rent using Magnus through Freecharge (Rs.25000) will it count towards Rent or Wallet? Any experienced Technofiners here? And what will be the overall damages? 2.18%?

RedGiraffe+PayZapp combo is getting listed under insurance spends through Magnus. I'm not sure about the actual percentage but in my case I end up paying Rs.104(hardly 0.5% of my actual rent) extra using this.