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Axis magnus post 1.5L is there an upper limit for the accelerated points(35/200) for the spends above 1.5L?

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Sachs

Sachs

TF Select
I just bought a car (Volkswagen Virtus) and I paid around 14L with my magnus cardHDFC DCB & rest with my . According to the new scheme I should be receiving 9000+218750=227750 RPs
I have so far recieved round 80k RPs. I paid around 37k extra to the dealer as they would not absorb this MDR.
I have called Magnus support three times. Two guys said there is no upper limit for the accelerated points and they will be credited in next 45 days. One guy however said that once the 3L mark is reached the reward rate will be back to 12/200. Do u guys have any information about this?
I still have many spendings coming up and I would use my magnus for the same if there is no upper limit. I searched the Axis website & could not find any such upper limit...
Please do help. Thanks
 
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Sachs said:
I just bought a car (Volkswagen Virtus) and I paid around 14L with my magnus cardHDFC DCB & rest with my . According to the new scheme I should be receiving 9000+218750=227750 RPs
I have so far recieved round 80k RPs. I paid around 37k extra to the dealer as they would not absorb this MDR.
I have called Magnus support three times. Two guys said there is no upper limit for the accelerated points and they will be credited in next 45 days. One guy however said that once the 3L mark is reached the reward rate will be back to 12/200. Do u guys have any information about this?
I still have many spendings coming up and I would use my magnus for the same if there is no upper limit. I searched the Axis website & could not find any such upper limit...
Please do help. Thanks
Click to expand...
There is no upper limit as of now, that we know of. All the new documents uploaded on their official website don’t mention any upper limit, so just hope for the best. I myself have exceeded 1.5 lac by 6 lacs this month. We would only know this after 45 days, when they credit the remaining 23/200 on the amount exceeding 1.5 lacs.
 
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Sachs said:
I just bought a car (Volkswagen Virtus) and I paid around 14L with my magnus cardHDFC DCB & rest with my . According to the new scheme I should be receiving 9000+218750=227750 RPs
I have so far recieved round 80k RPs. I paid around 37k extra to the dealer as they would not absorb this MDR.
I have called Magnus support three times. Two guys said there is no upper limit for the accelerated points and they will be credited in next 45 days. One guy however said that once the 3L mark is reached the reward rate will be back to 12/200. Do u guys have any information about this?
I still have many spendings coming up and I would use my magnus for the same if there is no upper limit. I searched the Axis website & could not find any such upper limit...
Please do help. Thanks
Click to expand...
I was thinking to do the same so just wondering whether you received the extra 23 ER yet?
 
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Sachs said:
I just bought a car (Volkswagen Virtus) and I paid around 14L with my magnus cardHDFC DCB & rest with my . According to the new scheme I should be receiving 9000+218750=227750 RPs
I have so far recieved round 80k RPs. I paid around 37k extra to the dealer as they would not absorb this MDR.
I have called Magnus support three times. Two guys said there is no upper limit for the accelerated points and they will be credited in next 45 days. One guy however said that once the 3L mark is reached the reward rate will be back to 12/200. Do u guys have any information about this?
I still have many spendings coming up and I would use my magnus for the same if there is no upper limit. I searched the Axis website & could not find any such upper limit...
Please do help. Thanks
Click to expand...
brother, did you get your accelerated points?
I am in same boat now, just exceeded 1.5L this month. How much time I should wait for accelerated points?
 
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duedares said:
You'll receive all your points. I did a transaction of 12L with (3+1.5)% added charges while buying Gold. I got the 23 RP for 12L-1.5L. This was just a few weeks ago!
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Should come on M+3 basis, just like Grabdeals and Giftedge
So all spends over 1.5 lacs in May will get you 23 on 200 accelerated points in August
 
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duedares said:
You'll receive all your points. I did a transaction of 12L with (3+1.5)% added charges while buying Gold. I got the 23 RP for 12L-1.5L. This was just a few weeks ago!
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Thats great news
Actually as per their new devaluation there’s no cap for higher ERs i mean 35ER scenarios but still since its axis anything may get change anytime 😃
 
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i made a purchase of around 3L on June 1st using magnus (not burgundy). received base reward points today .. when can i expect accelerated points(35/200)??

ps:used the card almost after 6 months
 
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Sunil R said:
i made a purchase of around 3L on June 1st using magnus (not burgundy). received bease reward points today .. when can i expect accelerated points(35/200)??

ps:used the card almost after 6 months
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What was the category and MCC code?
You need to find this out from customer care before making such a large purchase
 
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