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

Axis Magnus Axis Magnus Monthly Milestone Reward Points Tracking (Check Yours)

Mine is also messed up.

2 transactions in Feb. Both credited.
2 transactions in Mar. One credited.
5 transactions in Apr. Two credited.

And sad part is we can't complain until 120 days are over 😅.
True

I feel they have probably disbursed till april trusting that their buggy system would need time to fix things. So now they will spend a good 15days fixing the trnx missed for these 3months then get on the job for crediting the march month milestone by month end.

Again would be a tough milestone month considering its for march , when the rent payment thing came into action
 
Mine is also messed up.

2 transactions in Feb. Both credited.
2 transactions in Mar. One credited.
5 transactions in Apr. Two credited.

And sad part is we can't complain until 120 days are over 😅.
The transactions you did in Feb are also done in Mar or Apr? I meant same amount and same brand gv?
As I think for Feb no points credited and Mar Apr some txns are missed.
 
What is this nonsense, is it always like this? Feeling stupid for investing in gold (at hiked up prices) through magnus.

I don't even have the patience to figure what's credited and what's not. I've taken the card in april , so i know the total Acc Rewards for April specifically. The total credited tally doesn't match at all
 
What is this nonsense, is it always like this? Feeling stupid for investing in gold (at hiked up prices) through magnus.

I don't even have the patience to figure what's credited and what's not. I've taken the card in april , so i know the total Acc Rewards for April specifically. The total credited tally doesn't match at all
how much is the difference ?? if you won't sharing the details.
 
The transactions you did in Feb are also done in Mar or Apr? I meant same amount and same brand gv?
As I think for Feb no points credited and Mar Apr some txns are missed.
I had 2 1000rs ASV transactions in Feb AND 1 1000rs ASV and 1 3000rs (2000+1000) ASV in March. And I got 240 points thrice.

So I think it's for the 1000rs ASV transactions only. And 1 3000rs (2000+1000) ASV in March is missing.
 
Reconciled. Took me a little time as it was my first month. Got for only 2 Transactions in April and 1 Transaction missing for February. Time to rectify it with Axis
 
If i take the following assumptions
- All points credited for Feb/Mar/April

I have recieved 24 transactions of points credited totalling roughly 21,290 points

Issues :

1. now if the points are credited per voucher -example 10 x Rs 200 would be treated as 10 seperate transactions them im missing over 20 transactions
2. If i take the absolute value per my detailed tracker im missing 2300 RP's
3. If i take per type taken im still not at total number or transactions or points

can the people who've got their RP's matching can you please help share your tracking details
 
AFAIK bonus reward points are per voucher (separate for each denomination) and not per transaction.
And if you have purchased multiple brand voucher with different multiplier bonus reward points (eg. Brand A with 5x and brand B with 10x) then your bonus reward calculation is as per below calculation.

Brand A(5X) 250 rs + Brand B(10x) 975rs = total 1225 rs transaction.
Normal 1x reward point = 1225/200=6.125=6×12rp=72rp.

Now bonus reward point calculation is based on percentage amount of any brand in a total amount.

Amount percentage of brand A in total transaction is (250/1225)×100=20.4%
Amount percentage of brand B in total transaction is (975/1225)×100=79.6%

Normal 72rp is divided according to above percentage for bonus rp calculation

Brand A normal rp (72x20.4)/100 = 14.7
So bonus rp for brand A will be 14.6x4=58

Brand B normal rp (72×79.6)/100 = 57.3
So bonus rp for brand B will be 57.3x9 =515.

Thats how you received odd number of bonus reward points.
 
Approx 17k points are missing for me, assuming we got points for feb ,march and April month.

2 transactions for flipkart worth 20k
1 transaction for ASV worth 50k

Left table is based on ER transaction history.
Right table is based on actual Month wise credit statement.

Screenshot 2023-06-06 at 12.27.12 AM.png
 
Back
Top