Axis Primus, a new Super Premium credit card with ₹1.8L fee

[SubhankarSubhankar is verified member.]

Axis Bank has listed a Super Premium card, silently to their updated MITC, and they’re calling it Axis Primus.


What do we know as of now?

1. 1.8L fee
2. No DCC markup
3. No Forex markup
4. No cash withdrawals fee
5. Lowest finance charges, starting from 1%
6. No over limit fee
7. Add-on card: first one is free, from next one ₹15,000
8. No 1% rent payment fee

Except these as there’s no mention of any exclusion in reward points earning and milestone exclusion. So we can assume, there’s no exclusion. Good old Axis days for a price?


Added the MITC doc in the attachment.


What do you think of this card? Surely it’s not going to be easily available like other Axis cards in golden days, but does ₹1.8L fee justified as of now? Let us know below

 

[Wealth is my birth right!]

Wallet load, EMI, balance transfer, cash withdrawal, etc
Fuel
Rent over 50000/month
Government & taxes
Utilities
Insurance
Gold & jewellery

thats great i bookmarked it tks

 

[sonuyos]

Lets see. When Magnus came initially then it was also quite useless card until things changed 🙂

I have magnus since 2020. It was useless yeah, but it changed because of miles introduction and not revamp of the points itself.

 

[sonuyos]

No one can get 2 Magnus Burgundy cards

You can if you have a family member.

 

[Wealth is my birth right!]

I have magnus since 2020. It was useless yeah, but it changed because of miles introduction and not revamp of the points itself.

yes that monthly milestone of 25k ER revolutionized the card industry

 

[Dragon_slayer]

Wallet load, EMI, balance transfer, cash withdrawal, etc
Fuel
Rent over 50000/month
Government & taxes
Utilities
Insurance
Gold & jewellery

We have workarounds for Utilities , Insurance and Gold. I think Government taxes is the only major expense which has no workaround for Mangus, it simply remains excluded 🙁

 

[sonuyos]

We have workarounds for Utilities , Insurance and Gold. I think Government taxes is the only major expense which has no workaround for Mangus, it simply remains excluded 🙁

There is .

 

[sid16]

There is .

What is the workaround for government taxes? Please advise, or you can DM too if possible.

 

[drsel]

There is .

Please DM me about the workaround for income tax payment

 

[Dragon_slayer]

There is .

Have you used it yourself yet? Kindly share some details

 

[Dragon_slayer]

Bro just posted that "there is Trick"and then disappeared. Lmao

Very helpful 🤣

 

[MangoRush]

Everything is getting closed. Even if its working, it won't be after few months. So, ignore and move on

 

[theglobalinvestor]

Collect 1.8L from many applicants and in about 6 months, once they have enough, devalue the card. Rinse and repeat for continued profit! Customers are wonderful suckers.

 

[drsel]

Collect 1.8L from many applicants and in about 6 months, once they have enough, devalue the card. Rinse and repeat for continued profit! Customers are wonderful suckers.

It won't work out like that
there will not be too many people willing to pay 212400 for this card

 

[sonuyos]

What is the work around for income tax

What is the workaround for government taxes? Please advise, or you can DM too if possible.

Please DM me about the workaround for income tax payment

Have you used it yourself yet? Kindly share some details

Everything is getting closed. Even if its working, it won't be after few months. So, ignore and move on

I was not replying because i was yet to test it, unfortunately it is closed now.

 

[svs_23]

We have workarounds for Utilities , Insurance and Gold. I think Government taxes is the only major expense which has no workaround for Mangus, it simply remains excluded 🙁

Curious what are the workarounds for insurance and Gold?

 

[drsel]

Curious what are the workarounds for insurance and Gold?

Insurance you need to find an insurance service provider which accepts Amazon pay and use that insurance company

Amazon pay can be bought on HDFC Smartbuy 5x and axis gift edge 2x
For returns between 6% and 12.6%

 

[Dragon_slayer]

@drsel Knows all the tricks of Mangus Burgundy, more than Axis themselves. He is master of MB 🥷

 

[msankadi]

Insurance you need to find an insurance service provider which accepts Amazon pay and use that insurance company

I would suggest if it is a genuine insurance please choose insurance provider by giving 90% weight to the quality and terms of insurance you desire instead of trying to put apay as a criteria....for saving 5-10% dont make the mistake of choosing a wrong insurance provider which will be a lifelong relationship

by all means if there are 2 equal providers that give you all required features...prioritize the one that has apay

 

[drsel]

I would suggest if it is a genuine insurance please choose insurance provider by giving 90% weight to the quality and terms of insurance you desire instead of trying to put apay as a criteria....for saving 5-10% dont make the mistake of choosing a wrong insurance provider which will be a lifelong relationship

by all means if there are 2 equal providers that give you all required features...prioritize the one that has apay

Which insurance do you recommend for mediclaim

 

[msankadi]

Which insurance do you recommend for mediclaim

HDFC Ergo (I have star health for 7 years but going to port to hdfc ergo in sep)