Axis Magnus rewards on 2 lakh transaction

[g&p]

Does Axis magnus gives 25k Rewards on each 1 lakh spend in a statement cycle or it is limited to once per statement cycle ? Suppose if somebody make purchases of more than 2 lakhs, does it mean 50k milestone rewards or 25k only ?

 

[Max]

Milestone rewards (25K ER points) are

• once per calendar month i.e. 1 Jan - 31 Jan (and not billing cycle, which may be 7 Jan - 6 Feb - please be careful)
• only for the first 1 lakh spend. so in your scenario upon spending 2 Lakhs in calendar month (not statement cycle), you will get only 25K points, not 50K.

 

[Sunil R]

Milestone rewards (25K ER points) are

• once per calendar month i.e. 1 Jan - 31 Jan (and not billing cycle, which may be 7 Jan - 6 Feb - please be careful)
• only for the first 1 lakh spend. so in your scenario upon spending 2 Lakhs in calendar month (not statement cycle), you will get only 25K points, not 50K.

I have applied for magnus card yesterday. say suppose if the card reaches me on 10th . what would be my milestone reward cycle? ( Jan 10 to Jan 31 next Feb 1 to Feb 28 and so on or / Jan 10 to Feb 10 next feb 10 to March 10?

pls reply . thanks in advance

 

[RajBlr]

I have applied for magnus card yesterday. say suppose if the card reaches me on 10th . what would be my milestone reward cycle? ( Jan 10 to Jan 31 next Feb 1 to Feb 28 and so on or / Jan 10 to Feb 10 next feb 10 to March 10?

pls reply . thanks in advance

It is the 1st one you have mentioned, calendar month.

Here is the AXIS terms on the same for Milestone-rewards

https://www.axisbank.com/docs/default-source/default-document-library/25k-edge-rewards-tnc.pdf

 

[Sunil R]

It is the 1st one you have mentioned, calendar month.

Here is the AXIS terms on the same for Milestone-rewards

https://www.axisbank.com/docs/default-source/default-document-library/25k-edge-rewards-tnc.pdf

not sure of point 6? so my reward points start from Feb 1st?

 

[anirban.choudhury]

not sure of point 6? so my reward points start from Feb 1st?

No they have updated the terms and now it’s valid from card issuance month also

 

[RajBlr]

not sure of point 6? so my reward points start from Feb 1st?

Issuance month also counted per the MD cell as @acmrcool mentioned.

here is the same tweet for your reference.

 

[CVR]

but if u call and ask customer care they still say from next calendar month from month of card issue.. as the official t&c on website still says that..

axis has confused everyone

 

[anirban.choudhury]

but if u call and ask customer care they still say from next calendar month from month of card issue.. as the official t&c on website still says that..

axis has confused everyone

I called axis burgundy customer service and they said it’s valid from 1st month of issuance

 

[thedator]

Yeah, if its a matter of surety, unless you can get it in writing from customer care, I would suggest start spending one month post expiry date. So if your expirty date is Jan 2028, start spending Feb 2023 onwards.

 

[RajBlr]

but if u call and ask customer care they still say from next calendar month from month of card issue.. as the official t&c on website still says that..

axis has confused everyone

CC might not know lot of times.

Also, every rep will tell you a different story depending upon their ability and training.

If you have a genuine spend put it on this than other cards, you still will get 6000 points which translates to 4.8% miles/hotel for 1Lac

With the milestone you will get 31k points (You can always use that snapshot and send a email to PNO and get this done at the worst case of any decline)

 

[CVR]

ya if u have genuine spends no harm in doing from month of issue itself..

 

[anirban.choudhury]

Yeah, if its a matter of surety, unless you can get it in writing from customer care, I would suggest start spending one month post expiry date. So if your expirty date is Jan 2028, start spending Feb 2023 onwards.

No
I think it’s better to start from 1st month itself , otherwise it will be a loss of 25k points not sure when axis decides devaluation

 

[thedator]

I think its a matter of perspective. I value ERs at 2% and not 4.8 as my travels have come to a halt.
So if I didnt have it in writing, I would use SCU or something else.

To each their own!

 

[ajaysn22]

My magnus was approved on 31st dec. Showed in the app as well( boxed form). My card will reach tomm probably. So to be on a safe side if I have to count my next 1st month for milestone what would that be Jan or Feb?

 

[alphadark7]

My magnus was approved on 31st dec. Showed in the app as well( boxed form). My card will reach tomm probably. So to be on a safe side if I have to count my next 1st month for milestone what would that be Jan or Feb?

January

 

[Sudheep]

My magnus was approved on 31st dec. Showed in the app as well( boxed form). My card will reach tomm probably. So to be on a safe side if I have to count my next 1st month for milestone what would that be Jan or Feb?

wait for the physical card. see the month of expiry printed on the card , if its Dec , Jan spends are eligible for milestone benefit.

 

[alphadark7]

wait for the physical card. see the month of expiry printed on the card , if its Dec , Jan spends are eligible for milestone benefit.

Still he will be eligible for Jan spends, you can start spending in same month you receive the card for milestone