Magnus card Milestone benefit doubt

[akaashnagarajan]

Is there a rule that milestone benefit is not applied for the first month of credit card usage? And if so from when will it count? Given that the milestone benefit has a calendar month cycle and my billing cycle is different, post which 1 month cycle will my milestone benefit start working?
For example if I got my credit card on 10th Feb from when will the milestone benefit be applied? Is it from March 10 or March 1?

 

[Slayer]

Is there a rule that milestone benefit is not applied for the first month of credit card usage? And if so from when will it count? Given that the milestone benefit has a calendar month cycle and my billing cycle is different, post which 1 month cycle will my milestone benefit start working?
For example if I got my credit card on 10th Feb from when will the milestone benefit be applied? Is it from March 10 or March 1?

March 1 and not 10 March

Not sure about the first question @Wealth is my birth right! @Venky

 

[anirban.choudhuryanirban.choudhury is verified member.]

Is there a rule that milestone benefit is not applied for the first month of credit card usage? And if so from when will it count? Given that the milestone benefit has a calendar month cycle and my billing cycle is different, post which 1 month cycle will my milestone benefit start working?
For example if I got my credit card on 10th Feb from when will the milestone benefit be applied? Is it from March 10 or March 1?

I think there are many thread on this already .
Magnus milestone is on calender month and not billing cycle .
Milestone benefits are valid from card issuance month itself , in your case , Feb month will also get milestone benefits if you spend 1 lakh in the month of Feb itself

 

[Wealth is my birth right!]

March 1 and not 10 March

Not sure about the first question @Wealth is my birth right! @Venky

Same month of card issuance eligible for milestones

 

[Wealth is my birth right!]

Is there a rule that milestone benefit is not applied for the first month of credit card usage? And if so from when will it count? Given that the milestone benefit has a calendar month cycle and my billing cycle is different, post which 1 month cycle will my milestone benefit start working?
For example if I got my credit card on 10th Feb from when will the milestone benefit be applied? Is it from March 10 or March 1?

Replied above sorry missed to tag u

 

[sd.ac]

Does the joining fee count toward the milestone in the first month?

 

[anirban.choudhuryanirban.choudhury is verified member.]

Does the joining fee count toward the milestone in the first month?

No

 

[faraaz303]

do you get points on BharatNXT transactions when you're transferring payment to someone's account and it is showing up as Utilities? Or does it get counted only for milestone spends?

 

[Wealth is my birth right!]

do you get points on BharatNXT transactions when you're transferring payment to someone's account and it is showing up as Utilities? Or does it get counted only for milestone spends?

Both ER and milestones we will get

 

[as33]

I have 2 doubts regarding ER and milestone on magnus:

1. I understand that 1% fee is levied on rent and it's not counted for milestone. But do we get ER on rent payment?
2. I understand that there are no ER on insurance payment. But is it counted for milestone?

Thanks in advance.

 

[beingmohit]

I have 2 doubts regarding ER and milestone on magnus:

1. I understand that 1% fee is levied on rent and it's not counted for milestone. But do we get ER on rent payment?
2. I understand that there are no ER on insurance payment. But is it counted for milestone?

Thanks in advance.

We get normal non-accelerated ER on Rent payments using Magnus. But, the spends are not counted towards monthly milestone, or even annual fee waiver

 

[as33]

We get normal non-accelerated ER on Rent payments using Magnus. But, the spends are not counted towards monthly milestone, or even annual fee waiver

thanks. and insurance?

 

[anirban.choudhuryanirban.choudhury is verified member.]

I have 2 doubts regarding ER and milestone on magnus:

1. I understand that 1% fee is levied on rent and it's not counted for milestone. But do we get ER on rent payment?
2. I understand that there are no ER on insurance payment. But is it counted for milestone?

Thanks in advance.

You get upto 3000 ER on rent payments , however rent payment are excluded from milestone and fee waiver .
You get upto 6000 ER for insurance payments and insurance payment are counted towards monthly milestone and yearly fee waiver

 

[Wealth is my birth right!]

I have 2 doubts regarding ER and milestone on magnus:

1. I understand that 1% fee is levied on rent and it's not counted for milestone. But do we get ER on rent payment?
2. I understand that there are no ER on insurance payment. But is it counted for milestone?

Thanks in advance.

Insurance to magnus as usual
Only rent condition have changed

 

[sky_walker_rules]

Insurance to magnus as usual
Only rent condition have changed

guys, i hv paid insurance payment via magnus today,so I will get ER and it will be counted for milestone also,right?

 

[Slayer]

guys, i hv paid insurance payment via magnus today,so I will get ER and it will be counted for milestone also,right?

No