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Axis Multi Brand Voucher Clarification | 1 Edge Point = 40P

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Axis magnus users were able to redeem edge points for multi-brand voucher. It was a loophole, Some people shared this loophole publicly on Twitter.

What is multi brand voucher?
A voucher with multiple (multiple brand) redemption option,
Normally we get 1 Edge point = Rs. 0.20 value but, in case of multi brand voucher, the value of edge point is, 1 Edge point = Rs. 0.40

Screenshot 2022-07-20 at 9.26.08 AM.png
  • BRANDS AVAILABLE:
    • Online - Shoppers Stop | Myntra | Prestige | BB Star
    • OTT - Zee5 | Sony Liv
    • Dining - Pizza Hut | Costa Coffee
    • Fashion - Louis Philippe | Vero Moda | The Raymond Shop | W for Woman | United Colors of Benetton | Levi’s | Woodland | Puma | Lifestyle | Bata | Hidesign | Hush Puppies | Aldo
    • Beauty & Health Care - The Body Shop | Kama Ayurveda | Apollo Pharmacy
This facility is exclusively available on axis privilege credit card holders only.

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Pro Tips :- If you want to redeem your edge points for multi brand voucher, then hold axis privilege card with your other axis edge points cards (like- Magnus, reserve, etc.), this will allow you to redeem your edge points (doesn't matter which credit card you have used to earn that edge points) for multi brand voucher.
 
Try Myntra . It works
@Akash0043 have idea he knows more in this
# experienced
@bigbyte no need to wait for statement date
Just do a regular transaction on myntra app itself
I ordered and cancelel 20k product on myntra without 10 seconds difference
Transaction got reversed on privilege card next day itself
But points got credited just need to keep eye on them as they got deducted back soon
You will have limited time frame to redeem them
After redeeming and reversing you point balance will be in -ve 🙃
Have fun boi 😛
 
Thanks for your inputs friends. But for rs 1250/- I'm not confident taking this risk with Axis Bank.
For 1250 points I'll need Rs 25000/- transaction on Privilege or Rs 8400/- worth transaction on preferred merchants of SI card.


Tau koi 25k ka phone/ actual purchase lene wala friend mil Gaya tau theek else I'll pass.

I have option of booking 25k corporate fare flight ticket and cancelling it at 0 charge , but itna risk lene kee himmat nahi hai.

I can purchase a gold coin on Myntra and keep it and with some filler amount will be rs. 8500 but I'm not sure if SI card will credit reward points in time and on purchase of gold coin on Myntra.
 
Thanks for your inputs friends. But for rs 1250/- I'm not confident taking this risk with Axis Bank.
For 1250 points I'll need Rs 25000/- transaction on Privilege or Rs 8400/- worth transaction on preferred merchants of SI card.


Tau koi 25k ka phone/ actual purchase lene wala friend mil Gaya tau theek else I'll pass.

I have option of booking 25k corporate fare flight ticket and cancelling it at 0 charge , but itna risk lene kee himmat nahi hai.

I can purchase a gold coin on Myntra and keep it and with some filler amount will be rs. 8500 but I'm not sure if SI card will credit reward points in time and on purchase of gold coin on Myntra.
Three words 😂😂
 
I have privilege card generated in account. But not delivered / activated and I cannot see multi brand voucher yet.
Is the card need to be activated for us to redeem the voucher?
 
I have privilege card generated in account. But not delivered / activated and I cannot see multi brand voucher yet.
Is the card need to be activated for us to redeem the voucher?
Post activation of card...you will be eligible and can redeem any of your point into multi brand voucher..- thats the case till now
After 20th if something changes thats axis for you
 
I have privilege card generated in account. But not delivered / activated and I cannot see multi brand voucher yet.
Is the card need to be activated for us to redeem the voucher?
yes without activation and fee , no ER points and multibrand vouchers. It is mentioned in TnC as well.
 
While trying to redeem the ER point for amazonpay vouchergetting the below cancellation email.

As requested by you, your redemption request (Order Reference No. RS005145578) has been cancelled.​
You had redeemed 30000 EDGE REWARD points on 24-04-2024 for the following reward(s): Amazon Rs. 2000, ....

 
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