Criteria for Axis Reserve as LTF?

[787]

Hi

I want to be applying for the Axis Reserve as LTF.
Trying to persuade my Branch Manager to get it done.

Please help in the following:

1. Usually what criteria do I have to fulfil or maybe commit amount in FDs for me to get reserve as LTF. P

2. And if I do succeed on getting Axis Reserve as LTF, will I get the 50,000 ER joining bonus & 50,000 ER annual bonus thereafter every year even though I am not paying the joining and annual fee?

Thanks in advance!

 

[theglobalinvestor]

I don't think they give reserve as LTF not even FYF. Maybe if you maintain burgundy private status.

No you will get welcome rewards only on paying the fee.

 

[xaidi]

I don't think they give reserve as LTF not even FYF. Maybe if you maintain burgundy private status.

No you will get welcome rewards only on paying the fee.

I just got my 50k Edge upon activation.
Also made an unboxing video lol, fun little weekend thing to do I guess.

https://www.youtube.com/watch?v=3Aa7D4dkRz0&ab_channel=JustALittleBetter

 

[anirban.choudhuryanirban.choudhury is verified member.]

Getting 50k per annum card LTF, must require some heavy NRV.
Axis does given Burgundy private credit card LTF which has the same joining/annual fees to its burgundy private customers so I think if you get the private account with 5 cr NRV , you can negotiate with them to give you Reserve instead of burgundy private but i think burgundy private will be better as it offers 0 forex charge but reserve offers accelerated rewards on international spends , the call is yours . I would have taken burgundy private if I were in your place .

Coming to your second question generally banks offer points so as to compensate your annual fees , so if you don’t pay fees it’s completely on banks discretion to award reward points but if they do then it’s obviously a double benefit for you. Free 50k reward points is 2 months milestone benefit.

 

[moriarty]

I just got my 50k Edge upon activation.
Also made an unboxing video lol, fun little weekend thing to do I guess.

Did you get LTF?

 

[anirban.choudhuryanirban.choudhury is verified member.]

Did you get LTF?

I don’t think it’s LTF , the paper showed annual joining fees as 50k

 

[moriarty]

I don’t think it’s LTF , the paper showed annual joining fees as 50k

It could be reversed if have good NRV with banks. Heard someone from this forum got it as LTF basis good rship with bank

 

[xaidi]

Reserve they won't give LTF. You need Private banking or 5cr+ in assets with them for reserve ltf

 

[moriarty]

Reserve they won't give LTF. You need Private banking or 5cr+ in assets with them for reserve ltf

What about FYF?

 

[drvikas231]

What about FYF?

Recently my Axis Reserve card has been approved and I tried to persuade my RM for FYF, but he declined.
you need to have a long and good relationship with a large NRV for that.

 

[CMGCMG is verified member.]

Recently my Axis Reserve card has been approved and I tried to persuade my RM for FYF, but he declined.
you need to have a long and good relationship with a large NRV for that.

c2c or itr?

 

[drvikas231]

c2c or itr?

ITR and through the branch.

 

[funk]

Any way to get Reserve apart from ITR?

 

[ankitfintech]

Can we get axis reserve credit card as LTF on 1.5 CR initial deposit? I don't plan to keep the amount for more than 6 months but if I get LTF then it should be OK

 

[ankitfintech]

Hi

I want to be applying for the Axis Reserve as LTF.
Trying to persuade my Branch Manager to get it done.

Please help in the following:

1. Usually what criteria do I have to fulfil or maybe commit amount in FDs for me to get reserve as LTF. P

2. And if I do succeed on getting Axis Reserve as LTF, will I get the 50,000 ER joining bonus & 50,000 ER annual bonus thereafter every year even though I am not paying the joining and annual fee?

Thanks in advance!

Did you try for reserve LTF by committing for FD?

 

[jack333]

Hi

I want to be applying for the Axis Reserve as LTF.
Trying to persuade my Branch Manager to get it done.

Please help in the following:

1. Usually what criteria do I have to fulfil or maybe commit amount in FDs for me to get reserve as LTF. P

2. And if I do succeed on getting Axis Reserve as LTF, will I get the 50,000 ER joining bonus & 50,000 ER annual bonus thereafter every year even though I am not paying the joining and annual fee?

Thanks in advance!

If you have some relative who is Ias or ips or some mp mla or minister or someone at higher management in bank you can get any card LTF including reserve or burgundy private. All it needs is some push from above

 

[D7162]

If you have some relative who is Ias or ips or some mp mla or minister or someone at higher management in bank you can get any card LTF including reserve or burgundy private. All it needs is some push from above

Does that work for axis in real ??? I am close to MLA But i dont think they give damn to even MLA here.

 

[jack333]

Local BM ko phone karwao mla se. Apne aap approval dilwayega. Agar mla ki Dilli me chalti hai to seedha business head ko phone karwao

 

[D7162]

Local BM ko phone karwao mla se. Apne aap approval dilwayega. Agar mla ki Dilli me chalti hai to seedha business head ko phone karwao

Nhi aisa nhi hota.. specially gujarat me to nhi.. pata chala BM yaha k party head ko pehchanta hai aur CC k chakkar me aur problem aa jaye..