• 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)

Apply For Lifetime Free IDFC First Credit Card
Sort by date Sort by votes

Axis Bank to devalue Magnus Credit Card from September 1: All you need to know​

The card would lose its monthly milestone benefit of 25,000 points and the annual fee of Axis Magnus has also been increased from Rs 10,000 + GST to Rs 12,500 + GST​

Axis Bank to devalue Magnus Credit Card from September 1: All you need to know
Axis Bank Ltd has on Friday announced revised terms and conditions on its Magnus Credit Card, which will come into effect from September 1, 2023. The card would lose its monthly milestone benefit of 25,000 points and the annual fee of Axis Magnus has also been increased from Rs 10,000 + GST to Rs 12,500 + GST.
The monthly milestone benefit was the major USP of this card as high-spenders could accumulate 3 lakh additional reward points and could save a substantial amount on their travel spends by transferring them to air miles. Transfer ratio has been changed from 5:4 to 5:2.

Despite major devaluations, the cost of holding this card has been increased from Rs 10,000 to Rs 12,500. Moreover, spend-based waiver condition has also been revised from Rs 15 lakh to Rs 25 Lakh, which would be a big jump for many users. No renewal voucher will be given
Customers onboarded from September 1, 2023 will be able to choose any one voucher as a welcome benefit from the below options:

* Luxe gift card * The Postcard Hotels gift voucher * Yatra gift voucher
The option to choose the Tata CLiQ voucher will be discontinued.

Spends done in August 2023 will be eligible for monthly milestones and 25,000 EDGE Reward Points for eligible customers will be posted within 90 days as per the normal time frame.

25,000 EDGE Reward Points for customers who have achieved monthly milestones in May 2023 and June 2023 will be posted by July 31, 2023.

25,000 EDGE Reward Points for customers, who have achieved monthly milestones in July 2023 will be posted by August 10, 2023.
 
Upvote 0 Downvote
Has anyone got gyftr bonus points yesterday too? if yes - when were these transactions made?
Saw some people say they had bonus ER credited but I’ve not got any
 
Last edited:
Upvote 0 Downvote
Harry1 said:
Pno replied saying transaction was not reconciled due to a date mismatch for which points were not processed and will be credited by last week of July. So hopefully my 100% record will continue.
Click to expand...
Missing March grab deals for M&S, April grab deals for M&S, May 25k milestone and June 25k milestone all credited. 100% record continues😄.
 
Upvote 0 Downvote
Received Milestone ERs for June 2023. They didnt credit the May Milestone ERs - they must have missed adding the transactions from the add-on card🤬. Have emailed them and hope they credit before End of August....fingers crossed 🤞
 
Upvote 0 Downvote
ash_13 said:
Received Milestone ERs for June 2023. They didnt credit the May Milestone ERs - they must have missed adding the transactions from the add-on card🤬. Have emailed them and hope they credit before End of August....fingers crossed 🤞
Click to expand...
Are you sure they don’t consider addon card spends? Can you check what category spends they were?
 
Upvote 0 Downvote
You must log in or register to reply here.

Similar threads

R
  • Question Question
When will Axis Magnus monthly milestone ER get credited?
Replies
18
Views
2K
churn
C
Rajagopalan
  • Question Question
Axis Magnus Monthly Benefit - Cut Off Time for Transactions
2
Replies
23
Views
3K
woolooloo
woolooloo
C
  • Question Question
New Axis Magnus Card: Rewards points not credited
Replies
12
Views
1K
statusquo
S
TechnoFino
EDGE Reward Points To Airmiles Transfer | Axis Magnus Credit Card & Axis Reserve Credit Card Reward Rate Update
2 3 4
Replies
70
Views
19K
Nishb
Nishb
Back
Top