What if next year, Magnus gets devalued - let's say the 1L milestone? What will be your backup card of choice?
PS: Getting prepared if that happens 😏
PS: Getting prepared if that happens 😏
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Magnus Devaluation (What if?)
- Thread starter coinhunter
- Start date
If it is just the removal of 1L milestone, i will continue using magnus.
I'd get rid of Axis... just kidding. Actually I'm not... or am I? Do not give bad ideas to Axis.
Magnus: cheapest card with HNI point transfer rates. You can still use GrabDeals and Gyftr to accumulate that many points easily.
At best that will make Reserve card (50k AF) more enticing but mostly to those who spend considerably in foreign currencies where you get the most out of it. Otherwise Magnus is still the raddest kid in the block.
Magnus: cheapest card with HNI point transfer rates. You can still use GrabDeals and Gyftr to accumulate that many points easily.
At best that will make Reserve card (50k AF) more enticing but mostly to those who spend considerably in foreign currencies where you get the most out of it. Otherwise Magnus is still the raddest kid in the block.
That's what I've also been thinking. Most probably leaning towards Reserve.
I will stick with it. Only until the 5:4 is there. If that is changed drastically then I am not sure.
In case monthly milestone is revoked , in that case I will surrender Magnus and May be take Amex plat reserve
As per me monthly milestone won’t get devalued so quickly
First they will put restriction in monthly milestone like rent , insurance etc won’t get counted towards milestone
And second devaluation will be to reduce the conversion ratio
First they will put restriction in monthly milestone like rent , insurance etc won’t get counted towards milestone
And second devaluation will be to reduce the conversion ratio
Conversion ration was introduced later, so it should go also later 😅.
I think in CC devaluation they follow LIFO ( Last In First Out ) order 😀
This makes sense. I hope they won’t devalue the conversion ratio at least.
Transfer rates are similar to citi prestige. If they are moving citi prestige to magnus, they might keep this.
vikramv4u
TF Buzz
Devaluation done.. received a mail :-( screenshots attached
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If you were able to find such an old thread, why couldn't you find the one dedicated entirely to Magnus? 🤣
Axis Magnus - Devaluation w.e.f. 1st Sep 2023
-- Edited Post -- Final Update Official PDF is now out - https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/mgtc.pdf Revision in welcome benefits, which are more or less matching with the leaked screenshots Change in annual fee - ₹12,500 + GST No more renewal...
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