How to get Axis Magnus LTF?

[iethanhuntz]

@Alwàys_Bélîevé_Yøursélf🎯
@Wealth is my birth right!

Is it possible to get Axis Magnus LTF if I don't hold an Axis Account?

My CTC is 31+ and I have multiple credit cards i.e., Amex Gold Charge (LTF) with 25 Lacs, ICICI (LTF) with 12 Lacs, HDFC DCB(LTF) with 11 lacs, and Citi Reward with 6.59 Lacs.
I can't move my salary account from ICICI since wealth+salary.

Would appreciate if someone can help getting the same.

 

[vaibhav111vaibhav111 is verified member.]

you have tagged the right person but without moving the salary in axis bank, as of today you can't get LTF magnus

 

[jack333]

@Alwàys_Bélîevé_Yøursélf🎯
@Wealth is my birth right!

Is it possible to get Axis Magnus LTF if I don't hold an Axis Account?

My CTC is 31+ and I have multiple credit cards i.e., Amex Gold Charge (LTF) with 25 Lacs, ICICI (LTF) with 12 Lacs, HDFC DCB(LTF) with 11 lacs, and Citi Reward with 6.59 Lacs.
I can't move my salary account from ICICI since wealth+salary.

Would appreciate if someone can help getting the same.

I think with burgundy account along with salary credit more than 3 lakhs you can get

 

[iethanhuntz]

you have tagged the right person but without moving the salary in axis bank, as of today you can't get LTF magnus

now that's a bummer, I was hoping existing card would help.

 

[iethanhuntz]

I think with burgundy account along with salary credit more than 3 lakhs you can get

Whats the MAB for Burgundy? Can i open an account with 10 lacs deposit and be done with it. Moving salary account from ICICI wealth wont make sense.

 

[jack333]

So salary criteria is must

 

[R!ppEr]

So salary criteria is must

Yep . Only for Burgundy salary account

 

[mojo_jojo123]

5L + for LTF , 3L for FYF .. .which is very high

 

[thanix]

Whats the MAB for Burgundy? Can i open an account with 10 lacs deposit and be done with it. Moving salary account from ICICI wealth wont make sense.

What benefit you are getting on wealth account? In my opinion none. I don't think ICICI downgrades easily too. So if you have an option, you can move.

 

[vaibhav111vaibhav111 is verified member.]

now that's a bummer, I was hoping existing card would help.

The offer is ending on 31st may for 3 lakhs salary credit but that would need salary to be credited so do one thing, do keep in touch with the agent and let me know you want ltf Magnus and if the same offer come back then you open salary burgundy.

 

[iethanhuntz]

What benefit you are getting on wealth account? In my opinion none. I don't think ICICI downgrades easily too. So if you have an option, you can move.

Honestly, its been years since i visited bank, everything is manage by RM, he comes to my place for everything even cash deposits. And even if i move my salary account, net credit would still not be 5+

 

[iethanhuntz]

The offer is ending on 31st may for 3 lakhs salary credit but that would need salary to be credited so do one thing, do keep in touch with the agent and let me know you want ltf Magnus and if the same offer come back then you open salary burgundy.

Do you have any RM's number who i could reach out.

 

[vaibhav111vaibhav111 is verified member.]

Do you have any RM's number who i could reach out.

i don't have axis account so can't help here, before moving salary the criteria of 3/5 lakhs could be changed , earlier it was 5 lakhs for LTF Magnus and they reduced to 3 lakhs per months till 31st may 2023, came to know through a post, i only said to move to burgundy salary only when the offer come back cause once you opened the account you can't avail this offer again, it for NBT only not existing, so keep it touch with your nearby axis bank RM/BM that would be better, or easier way is to apply for magnus paid without moving your salary.

 

[iethanhuntz]

i don't have axis account so can't help here, before moving salary the criteria of 3/5 lakhs could be changed , earlier it was 5 lakhs for LTF Magnus and they reduced to 3 lakhs per months till 31st may 2023, came to know through a post, i only said to move to burgundy salary only when the offer come back cause once you opened the account you can't avail this offer again, it for NBT only not existing, so keep it touch with your nearby axis bank RM/BM that would be better, or easier way is to apply for magnus paid without moving your salary.

that make sense, will do that.

 

[thanix]

Honestly, its been years since i visited bank, everything is manage by RM, he comes to my place for everything even cash deposits. And even if i move my salary account, net credit would still not be 5+

Yeah, agreed. I too have a wealth and salary account with ICICI. It is the relationship that matters 👍

In this case, I suggest you talk to Axis and being NTB, you may get FYF. My Magnus is FYF even without asking and in fact I came to know from forum it is FYF as there is no joining fee mentioned.

 

[iethanhuntz]

et FYF. M

Right, yeah I will see to it, i did check with them if they can upgrade my citi to magnus but looks like they are not changing the products as of yet.

 

[Virgo]

Need some guidance on similar topic. I am a Citigold Customer but as has been stated above, transition of Citi to Axis is still few months away. I hold a Magnus card with Axis.

I am planning to open new Burgundy account with Axis and have two options:
1) Open Burgundy using the usual deposit route and maintain AQB/TRV
2) Open Burgundy Salary account and move my salary credits here (it meets the per month salary criteria)

Wanted your suggestions on:

a) Which route (1 or 2) to take for opening the Burgundy relationship. I am leaning towards 2 as it relieves me from the need to maintain AQB/TRV. Is this understanding correct?

b) Any possibility to get my Magnus converted to LTF on the basis of salary credit? Can it be done for an existing Magnus or applicable only for newly issued cards?

 

[anirban.choudhuryanirban.choudhury is verified member.]

@Alwàys_Bélîevé_Yøursélf🎯
@Wealth is my birth right!

Is it possible to get Axis Magnus LTF if I don't hold an Axis Account?

My CTC is 31+ and I have multiple credit cards i.e., Amex Gold Charge (LTF) with 25 Lacs, ICICI (LTF) with 12 Lacs, HDFC DCB(LTF) with 11 lacs, and Citi Reward with 6.59 Lacs.
I can't move my salary account from ICICI since wealth+salary.

Would appreciate if someone can help getting the same.

It won’t be possible now , as the offer is valid till 31st May only and atleast 1 salary credit is required also assuming 31+ that you mentioned is yearly package so net 3 lakh plus criteria would also not get fulfilled .
BTW how do you know that Amex gold charge limit is 25 lakhs ? As it’s a charge card and not credit card

 

[iethanhuntz]

It won’t be possible now , as the offer is valid till 31st May only and atleast 1 salary credit is required also assuming 31+ that you mentioned is yearly package so net 3 lakh plus criteria would also not get fulfilled .
BTW how do you know that Amex gold charge limit is 25 lakhs ? As it’s a charge card and not credit card

True, the salary credit wont be net 3 lacs.

I'm an American Express employee and charge cards are spend driven product, more you use it, more you can spend. I have spend upto 25 lacs easily in the past, therefore, that's the approved amount upto which i can use my charge card. You can always call customer service and ask them to check for you how much you can use your charge card.

And, that's why I dont pay any membership fee either.

 

[CC-Muncher]

What if someone moves to axis salary account, get the magnus LTF and then close the salary account... Will it work