Brag your Axis Magnus rewards earn ratio

[Cardmarvel]

Now that many here are holding Magnus for a few months, how about bragging your net ER earning ratio for the card. I will go first.

In the last 11 months, I have spent about 11L on the card and earned 4L reward points. This includes yet to credit milestone and Gyftr/GrabDeals benefits for March, April and May. That puts my reward rate at about 35%. Not too bad, huh 🙂 BTW I don't recall making any expense for the sake of it, so I am pretty happy with it.

 

[ashishsinghi]

Now that many here are holding Magnus for a few months, how about bragging your net ER earning ratio for the card. I will go first.

In the last 11 months, I have spent about 11L on the card and earned 4L reward points. This includes yet to credit milestone and Gyftr/GrabDeals benefits for March, April and May. That puts my reward rate at about 35%. Not too bad, huh 🙂 BTW I don't recall making any expense for the sake of it, so I am pretty happy with it.

How did you manage to complete milestones then?

 

[Cardmarvel]

How did you manage to complete milestones then?

Oh the first 3 months, I had very little expense on the card. So a more accurate statement is that I spent 11L in 8 months and earned 4L reward points

 

[FinGuru]

For May (to be credited in Aug), I will likely earn around 45% (excluding 25000) on my spends. I mean for Rs. 100 spent, I will get 45 ERs.

 

[Cardmarvel]

For May (to be credited in Aug), I will likely earn around 45% (excluding 25000) on my spends. I mean for Rs. 100 spent, I will get 45 ERs.

Nice. Is this your first month or you are doing this for every month?

 

[Cardmarvel]

For May (to be credited in Aug), I will likely earn around 45% (excluding 25000) on my spends. I mean for Rs. 100 spent, I will get 45 ERs.

And you really mean excluding monthly milestone? Or you mean including?

 

[typhoon]

I think Technofino should be renamed as MagnusFino. 🤣
Just Kidding. 😅

 

[FinGuru]

And you really mean excluding monthly milestone? Or you mean including?

Excluding milestone. Including the same it will be 55-56pc

 

[FinGuru]

Nice. Is this your first month or you are doing this for every month?

Not my first month. This month was GV heavy. Otherwise I pull off a ratio of 20pc (without considering 25000)

 

[crasher]

Now that many here are holding Magnus for a few months, how about bragging your net ER earning ratio for the card. I will go first.

In the last 11 months, I have spent about 11L on the card and earned 4L reward points. This includes yet to credit milestone and Gyftr/GrabDeals benefits for March, April and May. That puts my reward rate at about 35%. Not too bad, huh 🙂 BTW I don't recall making any expense for the sake of it, so I am pretty happy with it.

Doesn't sound right without gyftr/grabdeals/milestones
Can you explain breakup for 4lakhs broadly ?