Axis Magnus Point Redemption to Spice Jet/Air Asia

[yashkirtisinha]

Hi,
I have a question regarding Axis Magnus point redemption.
I currently dont have Axis Magnus. Super Premium cards I have: Diners Black, SC Ultimate, IDFC Wealth(?)
I have been hearing praises of Axis Magnus for quite some time now and have been tempted to apply for it quite a few times but always held back. Reason : Where do I redeem?
Obvious and most preferred choice is Vistara but I live in Bangalore and though Vistara's connectivity to metropolitan cities is okay, but I can't find a direct flight from Bangalore to major cities like Ahmedabad, Lucknow, Bhopal/Indore, Bhubaneshwar, Patna, Raipur(my hometown), Pune, Chennai....the list goes on. So connectivity is really bad from Bangalore. That has been my main reason for not getting Magnus. That and the fact that I dont currently and dont plan to in near future travel internationally on my personal expense.

So my question to you guys is what's the end return rate on points transfer to Spice Jet or Air Asia, or is there a better way to redeem(not Mariott) ?

 

[Avijeet]

That has been my main reason for not getting Magnus.

That's not a valid reason sir ....
This milestone thing not gonna stay forever ...
Nobody knows whether they will continue till the end of this calendar year or not...

Secondly, rewards can't address 100% of your travel ... even if it can address just 1 family trip and a stay may be.... it's more than enough ....

Just sharing my personal opinion ... please excuse me if I have crossed my line ....

 

[WhoU]

For Air Asia, I read somewhere on this forum that the points are only for international flights via Air Asia. The program is not for Air Asia India.

 

[yashkirtisinha]

That's not a valid reason sir ....
This milestone thing not gonna stay forever ...
Nobody knows whether they will continue till the end of this calendar year or not...

Secondly, rewards can't address 100% of your travel ... even if it can address just 1 family trip and a stay may be.... it's more than enough ....

Just sharing my personal opinion ... please excuse me if I have crossed my line ....

No, I totally get you. Devaluation is inevitable. I just wanted some insights on how Magnus can add on top of cards I already have which give me pretty good returns. The hype is getting to me too like everyone xD

 

[yashkirtisinha]

For Air Asia, I read somewhere on this forum that the points are only for international flights via Air Asia. The program is not for Air Asia India.

Thanks for letting me know 😁

 

[Slayer]

Your DCB has a max bonus points accural capping of 2500 per day (via smartbuy) which is quite low and then a monthly capping of bonus points accural

Magnus doesn't have those dandirona, DCB has no annual fee payment points or vouchers
Magnus gives a 10k voucher on payment of annual fees

 

[beingmohit]

You have the option of booking Air India flights via Turkish Airlines. I am not sure about the conversion rates though

 

[yashkirtisinha]

Your DCB has a max bonus points accural capping of 2500 per day (via smartbuy) which is quite low and then a monthly capping of bonus points accural

Magnus doesn't have those dandirona, DCB has no annual fee payment points or vouchers
Magnus gives a 10k voucher on payment of annual fees

Yes but Vistara doesn’t fly any route that I travel. Earn rate on Magnus is fantastic undoubtedly but the transfer rate sucks for my personal use case where I never fly Vistara as flights are not available on my route

 

[Slayer]

Yes but Vistara doesn’t fly any route that I travel. Earn rate on Magnus is fantastic undoubtedly but the transfer rate sucks for my personal use case where I never fly Vistara as flights are not available on my route

I'll give you scenario 2

TravelEdge gets you 5X reward points like SmartBuy
Even if you redeem ER for vouchers like AmazonPay it's 6% (and this is without considering monthly milestone benefit)
But the core strength of Magnus comes due to Axis Gyftr and GrabDeals (5X and 10X (some brands have upto 40X) on almost every major brand voucher)

 

[yashkirtisinha]

I'll give you scenario 2

TravelEdge gets you 5X reward points like SmartBuy
Even if you redeem ER for vouchers like AmazonPay it's 6% (and this is without considering monthly milestone benefit)
But the core strength of Magnus comes due to Axis Gyftr and GrabDeals (5X and 10X (some brands have upto 40X) on almost every major brand voucher)

Is this how you calculated 6 percent ?

Rs 200 spent = 6x10(10x rewards on GrabDeals)= 60ER
1ER = 0.2 Rs for coupon redemption
So 60 ER on coupon redemption gives me 12Rs of value
So I get 6 percent final redemption rate?

 

[Slayer]

Is this how you calculated 6 percent ?

Rs 200 spent = 6x10(10x rewards on GrabDeals)= 60ER
1ER = 0.2 Rs for coupon redemption
So 60 ER on coupon redemption gives me 12Rs of value
So I get 6 percent final redemption rate?

Yes

Well technically your calculation is wrong

Base reward points is 12/200
So 5X = 60 ER

 

[yashkirtisinha]

Yes

Well technically your calculation is wrong

Base reward points is 12/200
So 5X = 60 ER

Got it I assumed 6ER for 200.
What’s the best way to apply for the card? Salary(payslip) basis or C2C basis?

 

[Slayer]

Also I have a second magnus just because I wanted that Priority Pass

 

[Slayer]

Got it I assumed 6ER for 200.
What’s the best way to apply for the card? Salary(payslip) basis or C2C basis?

C2C with a card older than a year having Limit >4L otherwise Net salary which gets credited > 1.5L or ITR of 18L (can be relaxed till 16 very rarely)

 

[Slayer]

Your DCB and SC Ult will be having limits > 5L?

 

[yashkirtisinha]

Your DCB and SC Ult will be having limits > 5L?

Yes they do, IDFC wealth also has > 5L but I satisfy salary criteria so I’ll apply through payslip

 

[arn]

Yes they do, IDFC wealth also has > 5L but I satisfy salary criteria so I’ll apply through payslip

applying C2C will probably give u better limit then Payslip basis