Family monthly credit transaction amounting to 50k [ Axis Bank]

[Deathsnatcher]

Mods: can change the topic category since i wasnt able to find a category so opening in bank

My query is this can someone shed some light what is this 50 Edge points credit for ?
And this addition of family member .

 

[RaviAglRaviAgl is verified member.]

Mods: can change the topic category since i wasnt able to find a category so opening in bank

My query is this can someone shed some light what is this 50 Edge points credit for ?
And this addition of family member .

View attachment 21416

I am not familiar with axis rewards. Since you did not get a reply, I am throwing a wild guess here.

It could be the rewards earned on addon cards.

In hdfc the bank maintains a group of family accounts to calculate average balance. If that could be the same case with axis, then think if any of your family member is a part of the same group as you. It might be some common points shared earned by members of both accounts.

 

[Thomas244]

its June 30 savings interest that has fallen in all your linked family accounts. So u get some rewards for it. we keep looking at Magnus but even there are lots of saving account plus debit card transactions that earn small edge rewards

 

[Deathsnatcher]

i dont see the addon cards there on family names since none were issued and i never applied also and there is no txn made from these accounts too
only money is parket there for burgundy banking services that all.
but yes i noticed all the accounts in the family tree also credit some edge points though.