Is magnus giving edge reward for insurance

[Sharjeelshaikh]

Is magnus giving edge reward for insurance from 05/03/2023?no clarity

 

[anirban.choudhuryanirban.choudhury is verified member.]

Is magnus giving edge reward for insurance from 05/03/2023?no clarity

Yes it gives ER

 

[Sharjeelshaikh]

Because I received revised t&c stating er no longer on insurance and now when I recheck that part is erased

 

[Copycat]

Is magnus giving edge reward for insurance from 05/03/2023?no clarity

Yes. You will get upto 6000 ER max per insurance transaction, even after 5th March
https://www.technofino.in/community...s-for-spend-based-milestones.7283/post-117655
For Magnus, you need to refer to the TnC for affluent cards (posted in that same thread)

 

[Sharjeelshaikh]

Yes. You will get upto 6000 ER max per insurance transaction, even after 5th March
https://www.technofino.in/community...s-for-spend-based-milestones.7283/post-117655
For Magnus, you need to refer to the TnC for affluent cards (posted in that same thread)

In answer to your letter it doesn't say insurance will count for monthly milestone only for annual fee reversal.please highlight if I'm missing out on something

 

[Copycat]

In answer to your letter it doesn't say insurance will count for monthly milestone only for annual fee reversal.please highlight if I'm missing out on something

Their reply clearly answers the question. See point B. Only 2 categories are excluded from the monthly milestone: wallet loads (which were excluded earlier) and rent transactions (which are newly excluded)

 

[Sharjeelshaikh]

Their reply clearly answers the question. See point B. Only 2 categories are excluded from the monthly milestone: wallet loads (which were excluded earlier) and rent transactions (which are newly excluded)

Oki .thanks

 

[sadhunath]

As per our records, we see that the transaction of Rs.31,677 is a Insurance Sales/Underwrite.



However, the transaction is not eligible for cash back/rewards.



Please note that the Effective dated from 5th March 2023 you will not get cash back/reward point on transaction Insurance, Rent, Fuel, Utilities, Education and Government spends will be discontinued.

Not anymore. Insurance won't give ER.

 

[kirtivardhan]

Not anymore. Insurance won't give ER.

can you share the source?

 

[SMGROW]

Not anymore. Insurance won't give ER.

I received ER for insurance transactions done this month. I paid premiums for two different policies one directly on the insurance companies website and the other through CRED using Magnus, got ER for both transactions.

 

[mojo_jojo123]

have upcoming poiicy .. so if magnus not giving any ER and milestone it will be junk

 

[shuperman]

have upcoming poiicy .. so if magnus not giving any ER and milestone it will be junk

we do get ERs and milestone benefits with insurance benefits on magnus.. don't worry