[Axis Magnus] Transaction done in early morning hours of 1st of the month are being counted in last months

[bansalp]

I made two high value transaction at start of month before 6 am. These are being counted as 31st March transaction.

Any guidance on what can be done here? I don't wnat to miss out on milestone for April month of 1 L spend.

 

[Wealth is my birth right!]

I made two high value transaction at start of month before 6 am. These are being counted as 31st March transaction.

Any guidance on what can be done here? I don't wnat to miss out on milestone for April month of 1 L spend.

It will be of March spending
Just write the issue to Axis bank sometime they may change it manually to 1st April

 

[TheMentalist]

I made two high value transaction at start of month before 6 am. These are being counted as 31st March transaction.

Any guidance on what can be done here? I don't wnat to miss out on milestone for April month of 1 L spend.

Similar issue : https://www.technofino.in/community/threads/magnus-1st-mar-transactions-showing-28th-feb.8660/

 

[amitamit is verified member.]

Amex have the servers around the globe and sepcially for India the transaction done in between 12-1:30am will count on previous day. but these Indian banks also doing the same but in larger time scale like 5:30hrs and 10:30hrs diff.

 

[sharpened]

It's better than HDFC which records a 29th spend on the 1st of the next month. Had to pay 1% DCC this past new year because of this stupid logic.

 

[SiddharthR]

It's better than HDFC which records a 29th spend on the 1st of the next month. Had to pay 1% DCC this past new year because of this stupid logic.

It's bcoz they might have considered settlement date

 

[SiddharthR]

SBI is so generous that if I do the txn on the bill generation date, it isn't counted in the same billing cycle rather counted in next billing cycle (Free 50 days period even if u do txn on billing date). This may be bcoz SBI bills the txn only if it's settled.😜

 

[VISHESH_BANSAL]

SBI is so generous that if I do the txn on the bill generation date, it isn't counted in the same billing cycle rather counted in next billing cycle (Free 50 days period even if u do txn on billing date). This may be bcoz SBI bills the txn only if it's settled.😜

Every Bank Bill only such txns which are already settled at the time of bill Generation