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

[Akshay9512]

11th Nov at 12:30 am, received my Magnus Normal Edge Reward Points for regular transactions. Check yours

 

[Ace87]

Lot of points missing. Don't have the energy to get started with Customer care who won't know anything.

 

[sam4]

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.

 

[Makkar]

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.

 

[bhsiddharth]

I will wait for 120 days for such transactions and then report it.

 

[bhsiddharth]

My mostly yatra.com and apollo is missing.

 

[CC_Fire]

Its strange but i got some credits for feb, mar, apr and a traveledge booking for may !! And there are missing points for transactions in all months Feb, march, april). Impossible to track unless you spend a lot of time on it. Crazy

 

[phagocyte536]

Is this how Axis plans to devalue magnus

 

[Ace87]

It's a pretty big devaluation in my eyes

 

[quest4excellence]

Got all my bonus Gyftr points for Feb, March n April... now only pending are Grabdeals.. kudos to Axis on the quick turnaround this time...

 

[typhoon]

Same here, even customer care doesn't know for which transaction bonus is credited or not, i will say in this regard HDFC is best.

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

 

[wokrishnahai]

I got points for rents. It has 50k limit per month though.

So the 50k transaction is counted for both milestone and normal RP?

 

[004archit]

So the 50k transaction is counted for both milestone and normal RP?

Bro, you are checking the wrong msg in terms of date

Check the msg date first.

 

[Makkar]

So the 50k transaction is counted for both milestone and normal RP?

No and No.

 

[phagocyte536]

So I found time to reconcile. I am a new magnus holder, started using on 16th April. So all gyftr bonus rewards from 16th April - 24th April have been credited. In May I had a travel edge transaction which got credited. So maybe they have processed only till 24 (or 25th) of April.

Anyone who got bonus rewards for transactions > 26th April?

 

[typhoon]

So I found time to reconcile. I am a new magnus holder, started using on 16th April. So all gyftr bonus rewards from 16th April - 24th April have been credited. In May I had a travel edge transaction which got credited. So maybe they have processed only till 24 (or 25th) of April.

Anyone who got bonus rewards for transactions > 26th April?

I haven't received for traveledge txn for may txn.

 

[phagocyte536]

I haven't received for traveledge txn for may txn.

Date of Txn? I am trying to see if there is some method to this madness..

 

[SteelSh0t]

Is anyone seem to be getting normal ER points? I haven't received ER points from any txns after 20th May.

 

[wokrishnahai]

Bro, you are checking the wrong msg in terms of date

Check the msg date first.

Got it. Thanks for the reminder.

 

[typhoon]

22 May 2023.

Date of Txn? I am trying to see if there is some method to this madness..

 

[typhoon]

Is anyone seem to be getting normal ER points? I haven't received ER points from any txns after 20th May.

no one is getting AFAIK.