Regalia Gold Hi

[Vishnubharath100]

.

 

[Banking101]

(10000/200*12)*10=60000 edge points
25000 milestone edge points
Total 85000 correct me if i am wrong

 

[ak93]

that's my assumption too. but i would like to get answers from people who might have recieved rp after 120 days of transaction. when I called customer care they mentioned about 10k capping, so i am little concerned

There is no cap on ER in gyftr.

You can only buy 10k worth of Amazon and Flipkart gift cards from gyftr but there is no such limit on Myntra.

 

[PiperatGatesofDawn]

As a general rule never ever ever trust what Axis customer support says. They're probably the worst trained agents in the world and never have a clue about anything. They were probably thinking about Grab Deals.

 

[alphamagnus]

For people buying gold from Myntra, consider Sovereign Gold Bonds. 2.5% interest + tax free returns. In those 8 years, you will get cash equivalent of those reward points.

 

[slongani]

For people buying gold from Myntra, consider Sovereign Gold Bonds. 2.5% interest + tax free returns. In those 8 years, you will get cash equivalent of those reward points.

true. but in 8 years.

here you can get the same in 4 months.

whatever might be the markup in buying or selling, IF one travels, it is still beneficial to go for points, by a huge margin.

PS: I never encash the gold I buy.

 

[Makkar]

For people buying gold from Myntra, consider Sovereign Gold Bonds. 2.5% interest + tax free returns. In those 8 years, you will get cash equivalent of those reward points.

wohh !! Myntra is having 10X points ... buying 1 lakh of gold coin will give 85k points. Thants massive. Anyone doing this ??

 

[BatmanDad]

wohh !! Myntra is having 10X points ... buying 1 lakh of gold coin will give 85k points. Thants massive. Anyone doing this ??

If it's true then that's great. But there has to be a catch. As a rule, I never spend for the points, I make sure I get most points for what I spend. The recent move by Axis for the "Tricks/Hacks" for the refund thing, the one which was even mentioned by @TechnoFino in one of his recent videos, made it very clear to me to avoid playing outside the(ir) box unless absolutely needed.

But that's my opinion btw. Everyone's entitled to their own. Just wanted to share mine and had to put this disclaimer before people attacked me for anything lol.

 

[S.S.]

Should this thread be private? Or VIP section?

 

[James2307mr]

Should this thread be private? Or VIP section?

It should be. It is never good to discuss these kind of tricks openly.

Moreover, there is an issue with this method. Multiple people have reported that Myntra Sellers cancel the order and then you are stuck with huge amounts Myntra cash in your account. So tread with caution.

 

[Anwesh]

thanks Adig for your response. i am planning to buy 10x vouchers using magnus and buy gold coins in myntra. it helps me accumulate gold as well earn handsome reward points at 10x. so based on this if i purchase 1lakh worth of Myntra vouchers then i am eligible to get 60k worth of edge reward points and 25k for achieving milestone. meaning 85k edge rewards points which if converted into miles will be roughly 68k.

hello mate. what i know from my experience and gyftr customer support is you can buy some limited voucher using gyftr let that be N, for all the voucher you purchased you ll get 10 x RP as well once you reach the limit of N you can not buy the voucher from gyftr. it ll show maximum voucher limit reached.
so basically you don't have to worry if you ll get 10x rp for your vouchers, as long as you can buy it just buy it.

 

[S.S.]

It should be. It is never good to discuss these kind of tricks openly.

Moreover, there is an issue with this method. Multiple people have reported that Myntra Sellers cancel the order and then you are stuck with huge amounts Myntra cash in your account. So tread with caution.

Damn, any idea how often is this? And if that happens what to do with the stuck Myntra cash?

 

[James2307mr]

hello mate. what i know from my experience and gyftr customer support is you can buy some limited voucher using gyftr let that be N, for all the voucher you purchased you ll get 10 x RP as well once you reach the limit of N you can not buy the voucher from gyftr. it ll show maximum voucher limit reached.
so basically you don't have to worry if you ll get 10x rp for your vouchers, as long as you can buy it just buy it.

This is not true! All vouchers except Amazon (Pay & Shopping), Flipkart and Tata Cliq do not have any limit on purchase of gift cards until and unless you reach 2.5 Lakhs of spend per month on Gyftr Edge Portal.

 

[James2307mr]

Damn, any idea how often is this? And if that happens what to do with the stuck Myntra cash?

No sure how often this happens but it does happen.

As for the stuck Myntra cash, you can try to place the order again with a different seller but again the same loop might be repeated. So be careful!

 

[D7162]

(10000/200*12)*10=60000 edge points
25000 milestone edge points
Total 85000 correct me if i am wrong

missed one zero ??