Axis Magnus Axis Notifies the Remaining Spends Annual Fee Waiver

[chenrichy]

Hi Folks.

Just received mail from Axis for the remaining spends details for Magnus Card to achieve the Annual fee waive off.

Is this normal that everyone received the same?

 

[chbhk619]

Yeah received email.. And app notification..

 

[WhoU]

Can you share which email id is it coming from? Maybe I have it blocked or something

 

[chenrichy]

Can you share which email id is it coming from? Maybe I have it blocked or something

info@alerts.axisbankmail.in

 

[miles_guy]

Do you think they will waive fees if we miss the number by around 1 lakh?

 

[4uziaul]

Do you think they will waive fees if we miss the number by around 1 lakh?

They won't give you an annual fee waiver, even if you miss it by just a few thousand rupees. I remember a case where a forum member missed the waiver for their Magnus card by a small amount, and they didn't grant it. So, you can imagine how strict they can be. 😂

 

[kej]

I got a similar message for Axis Select.

 

[Thomas244]

I missed the milestone by 80 odd rupees. Not given. Please spend in excess of required amount by a bit so that any which are cancelled/returned don’t affect it. Also at least few days before the last date to make sure transaction falls within the card year.

 

[foden]

I did not get any email

 

[SoN!c]

I didnt get an email either

 

[SamPtnk]

They won't give you an annual fee waiver, even if you miss it by just a few thousand rupees. I remember a case where a forum member missed the waiver for their Magnus card by a small amount, and they didn't grant it. So, you can imagine how strict they can be. 😂

Few thousand ?
I missed by 137Rs they denied
Chindi Bank

 

[4uziaul]

Few thousand ?
I missed by 137Rs they denied
Chindi Bank

I will remember and share your story as a cautionary tale for others. 🤣

 

[gurbina]

Well it goes both ways.

People just use the card enough to meet the annual fee waiver down to the rupee and it is fairly common, even with shady transactions like paying rent to themselves or finding businesses that will basically transfer back the amount minus a small percentage.

So why can't the bank play the same game? TnC is on this regard is black and white.

So the problem is the credit card culture, I bet almost no one takes these premium cards except people who have similar mindset to most individuals in this forum. While it happens everywhere here everyone likes to take it to the extremes. And although it is fair game for the user, it is also fair game for the bank to be stingy down to the rupee too.

 

[It_is_Naruto]

No such notification to me... I guess only for people jinse thodi ummeed h
I am almost halfway in 9 months...with no plan to complete the 15 L target 😑

 

[abhgan2]

I am waiting for my August Magnus milestone. But my card anniversary is November. And likely milestone will be credited in Nov as well. Will Axis close card if annual fees is charged? Or will I be forced to pay the annual fees?

 

[prc1990]

They won't give you an annual fee waiver, even if you miss it by just a few thousand rupees. I remember a case where a forum member missed the waiver for their Magnus card by a small amount, and they didn't grant it. So, you can imagine how strict they can be. 😂

Do we get similar reminder for other Axis cards as well or only for Premium/Super Premium cards?

 

[4uziaul]

Do we get similar reminder for other Axis cards as well or only for Premium/Super Premium cards?

I only have Magnus, and I recently got Airtel. However, in the forum, I saw people receiving reminder emails for Magnus and Reserve, so I'm not sure about other cards.

 

[It_is_Naruto]

Do we get similar reminder for other Axis cards as well or only for Premium/Super Premium cards?

I have select and magnus. and got the reminders for both cards... not sure if you can consider select in premium or super premium category 🤔

 

[SamPtnk]

I only have Magnus, and I recently got Airtel. However, in the forum, I saw people receiving reminder emails for Magnus and Reserve, so I'm not sure about other cards.

I got for axis ace and magnus