Is Axis burgundy salary account worth it?

[Nihhaar]

Axis RM told that I can get burgundy salary account (as they some tie up with our company). But she told that she cannot give me Axis Magnus LTF but only Axis Atlas LTF. Is it worth it? Or can I get better cards from other banks?

I already have DCB card. Have salary of around ~2LPM.

 

[xxScriptzxx]

I was about to get burgundy account. But with the recent atlas thing, for peace of mind, i would still stick to hdfc imperia

 

[sourpai]

Axis RM told that I can get burgundy salary account (as they some tie up with our company). But she told that she cannot give me Axis Magnus LTF but only Axis Atlas LTF. Is it worth it? Or can I get better cards from other banks?

I already have DCB card. Have salary of around ~2LPM.

Go ahead and take Axis Burgundy. Atlas LTF is a good bet and you will get 5000 welcome bonus as well on LTF card. That itself is quite a value

Credit card circus will continue to happen with all the banks. With Axis it happens little bit more, but rewards are also highest. Keep earning and keep transferring the points. Just be non emotional about it

 

[Deleted member 11974]

go for it

 

[pgarg24]

I too got burgandy salary account and got atlas as ltf with it. Would suggest to go for it..
Also axis burgandy support is very good for any service or issue. When they say they will look into it, they actually do and respond back via call.. so i would say go for it.

+ U get 5000 miles as welcome bonus which would give u 10000 rs value if you transfer it to partners.. (very good for something u paid nothing)

 

[SSV]

Axis RM told that I can get burgundy salary account (as they some tie up with our company). But she told that she cannot give me Axis Magnus LTF but only Axis Atlas LTF. Is it worth it? Or can I get better cards from other banks?

I already have DCB card. Have salary of around ~2LPM.

Definitely worth. It.
Generally , if you are getting these kind of accounts with your salary then you should go for it.
Reason: you are not doing anything other than asking your company to deposit your salary into this account instead or some X bank account unless that X account currently is very lucrative...

In your case, Axis burgundy is good to take, as in the current form Atlas is a good card but expect some sudden surprises from Axis.
Remedy to counter theses surprises, spend on Axis cards amd redeem the rewards frequently..

One day they will give you Magnus Burgundy also..just wait for sometime
So, in a nutshell, just go for it

 

[Nihhaar]

Thank you guys. I also asked HSBC bank for a premier salary account. Depending on their response, will make the switch.

 

[mj01]

Thank you guys. I also asked HSBC bank for a premier salary account. Depending on their response, will make the switch.

HSBC Premier requires 3LPM afaik. Do let us know if you manage to get it! You anyways might wanna reconsider going for Axis after yesterday's devaluations 🙃

 

[Desu Sarath]

I was about to mail to my company axis poc for salary account. Good i did not do that due to yesterday devaluation.

 

[Desu Sarath]

Thank you guys. I also asked HSBC bank for a premier salary account. Depending on their response, will make the switch.

How good is HSBC, are they reliable?

 

[msankadi]

HSBC Premier requires 3LPM afaik. Do let us know if you manage to get it! You anyways might wanna reconsider going for Axis after yesterday's devaluations 🙃

What are the worthwhile benefits of HSBC premier?

 

[mj01]

What are the worthwhile benefits of HSBC premier?

Particularly looking to get my hands on premier credit card (LTF). Plus Premier has better discounts than other HSBC cards, complimentary golf and lounge accesses for guests to name a few things. I don't find it worth maintaining 40L NRV tbh though, so best to get it via salary account.

 

[Nihhaar]

I'm staying with HDFC after Axis bomb!

HSBC rejected granting me Premier account as it requires 3LPM. Although they have a timed offer, which gives 5% unlimited cashback on Debit card for salary accounts.

 

[msankadi]

Although they have a timed offer, which gives 5% unlimited cashback on Debit card for salary accounts.

Wow that sounds promising...do you have any link or I will simply google if there is no special link...5% cb unlimited sounds tasty...

 

[Nihhaar]

Wow that sounds promising...do you have any link or I will simply google if there is no special link...5% cb unlimited sounds tasty...

The offer is valid only until July 24. You can reach out to HSBC rm to get the details. It might vary from company to company.

 

[msankadi]

The offer is valid only until July 24. You can reach out to HSBC rm to get the details. It might vary from company to company.

Oh okay then not worth I thought it will be a year or two but thanks

 

[mj01]

Wow that sounds promising...do you have any link or I will simply google if there is no special link...5% cb unlimited sounds tasty...

FYI

https://www.hsbc.co.in/content/dam/hsbc/in/documents/hsbc-debit-card-cashback-tnc.pdf

Only spends above 1k considered for 5% CB

 

[PavanPavan is verified member.]

Am getting axis salary account now tempted to move out of HDFC 😛 not sure if it's a great decision

 

[SSV]

Am getting axis salary account now tempted to move out of HDFC 😛 not sure if it's a great decision

All the best !!

 

[PavanPavan is verified member.]

All the best !!

Why @SSV 😛 am now confused