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Axis Magnus Magnus, Reserve & Other Axis Bank Credit Cards | Devaluation w.e.f. 1st Sep 2023.

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bugmenot

bugmenot

TF Legend
-- Edited Post --

Final Update

Official PDFs are now out
Magnus - https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/mgtc.pdf

Reserve - https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/rstc.pdf

Revision of Axis Bank Miles/Rewards Transfer Program - https://www.axisbank.com/docs/defau...les-rewards-transfer-terms-and-conditions.pdf


Update: 2nd August

MyZone - https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/mztc.pdf
Privilege - https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/pvtc.pdf
Select - https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/sltc.pdf
Ace - https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/actc.pdf


Magnus devaluation highlights
  1. Revision in welcome benefits, which are more or less matching with the leaked screenshots
  2. Change in annual fee - ₹12,500 + GST
  3. No more renewal benefit
  4. Spend criteria for fee waiver is now double - 25L
  5. Exclusion of government institutions and utilities MCCs for earning ERs
  6. RIP 25,000ER/1L milestone benefit
  7. Revised transfer ratio of 5:2
  8. 5L ER points cap for transfer
  9. Burgundy account scheme
Reserve devaluation highlights
  1. Spend criteria for fee waiver is revised to 35L
  2. Exclusion of government institutions and utilities MCCs for earning ERs
  3. Revised transfer ratio of 5:2
  4. 5L ER points cap for transfer
  5. Burgundy private account scheme

Aap Chronology Samajiye
  • 📄 Few leaked screenshots of PDF started floating for Magnus and Reserve having potential devaulation
  • 🐦Few folks on Twitter acknowledged the upcoming devaulation by contacting their RMs or insiders from CC department
  • 🎧 Customer Care team were like "Whot Daa Phaak" is going on. They were unaware about these news, some were saying yes and some no
  • 😡 Outrage | Speculation | Twitter Space | Points Transfer Tricks
  • ✋ Then rumour mills started about devaulation being on hold
  • 🔗 Official links of devaulation PDF started popping but "Darling of Cards" was missing
  • 🔌 Axis pulled the plug and links started showing "404 - Not Found" except for unlucky Flipkart card
  • 💣 BOMB - Axis Gift Edge devaulation
  • 📩 Mass credit card cancellation and notice seeking clarification regarding commercial transactions
  • 📉 Official PDF of Magnus and Reserve released
  • 📉 Official PDF of MyZone, Privilege, Select and Ace released

1. Flipkart - https://axisbank.com/docs/default-s...flipkart-credit-card-terms-and-conditions.pdf

Below given links are not opening now as they have been removed. You may check attached PDFs.

2. Reserve - https://axisbank.com/docs/default-s...-reserve-credit-card-terms-and-conditions.pdf
3. Select - https://axisbank.com/docs/default-s...k-select-credit-card-terms-and-conditions.pdf
4. Privilege - https://axisbank.com/docs/default-s...rivilege-credit-card-terms-and-conditions.pdf
5. MyZone - https://www.axisbank.com/docs/defau...-my-zone-credit-card-terms-and-conditions.pdf

By following the format, it is quite easy to create Magnus link, which could be https://axisbank.com/docs/default-source/default-document-library/credit-cards/axis-bank-magnus-credit-card-terms-and-conditions.pdf
 

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govigov said:
www.technofino.in

ALL Accor: The Ultimate Guide for Indians

The complete earn and burn guide for ALL Accor Hotel Loyalty Program for all credit card enthusiasts from India.
www.technofino.in www.technofino.in

You can read here. Apart from 10% discount, you also get discount on F&B. It also gives you silver status with late checkout availability. Buy a single share of accor and you also get the gold status, which gives additional benefits.

I am conflicted at this point on whether to commit to accor or not. if not, what to do with leftover ERs?
Click to expand...
I have accor plus but didn't knew about the share thing. Can you please elaborate on this.
 
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Had a question regarding linking partners, they've mentioned only one Id per partner will be allowed at a time, so does this mean with every airline and hotel partner you can continue to have their individual ID linked and only if you need to add for eg 2 different ID to a one of the airline partners then there would be a 60 day wait?
 
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rockysindona said:
Had a question regarding linking partners, they've mentioned only one Id per partner will be allowed at a time, so does this mean with every airline and hotel partner you can continue to have their individual ID linked and only if you need to add for eg 2 different ID to a one of the airline partners then there would be a 60 day wait?
Click to expand...
Yes. That is what I understand too. If I recollect right they mentioned that the connected Id will automatically be deleted after 60 days and you will have to connect again. (Can’t recollect the source)
 
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govigov said:
www.technofino.in

ALL Accor: The Ultimate Guide for Indians

The complete earn and burn guide for ALL Accor Hotel Loyalty Program for all credit card enthusiasts from India.
www.technofino.in www.technofino.in

You can read here. Apart from 10% discount, you also get discount on F&B. It also gives you silver status with late checkout availability. Buy a single share of accor and you also get the gold status, which gives additional benefits.

I am conflicted at this point on whether to commit to accor or not. if not, what to do with leftover ERs?
Click to expand...
Questions:

1. I recall reading that when an accor plus membership is purchased, then a new membership number gets generated. If this is correct, then how can one take advantage of the Plus membership room rate discount and still utilize the points from existing membership?

2. The Accor Plus is only valid for hotels in Asia Pacific. Does that mean one has to purchase separate membership for Europe? That would mean a third membership number?

3. Buying one share of Accor would give gold status to one or both of the plus memberships (AP and Europe)? How to get gold status on both? Buy 2 shares?

4. My main concern is utilizing the points through either of the plus memberships if points are now sitting in the base ALL membership.

5. Is there a way to have plus membership in AP as well as Europe under one membership number?
 
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I got some unexpected ~10k travel edge points. As far as I know they have credited all of them.
I was hoping to get grabdeals points but got some random points through this.. hail lord Axis
 
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phagocyte536 said:
I got some unexpected ~10k travel edge points. As far as I know they have credited all of them.
I was hoping to get grabdeals points but got some random points through this.. hail lord Axis
Click to expand...
Cool. I still haven't received traveledge points for a flight booking done on 17th July(journey completed in 2nd week of August). Is there any use writing to them? Or they will credit it within the stipulated 45-60 days time frame?
 
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ishanmontella said:
Cool. I still haven't received traveledge points for a flight booking done on 17th July(journey completed in 2nd week of August). Is there any use writing to them? Or they will credit it within the stipulated 45-60 days time frame?
Click to expand...
You can drop a mail. In my case, they sent the usual reply of waiting for 120 days but the points were credited the next day
 
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I had send them an email few days back asking to credit Grab Deals accelerated rewards for the month of May and June. They asked me to share the receipts or order id of the transactions; upon sharing them they sent an email back saying the query will be resolved within 5 working days. Hope that these points are credited by end of this month🤞
 
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UKJ said:
Questions:

1. I recall reading that when an accor plus membership is purchased, then a new membership number gets generated. If this is correct, then how can one take advantage of the Plus membership room rate discount and still utilize the points from existing membership?

2. The Accor Plus is only valid for hotels in Asia Pacific. Does that mean one has to purchase separate membership for Europe? That would mean a third membership number?

3. Buying one share of Accor would give gold status to one or both of the plus memberships (AP and Europe)? How to get gold status on both? Buy 2 shares?

4. My main concern is utilizing the points through either of the plus memberships if points are now sitting in the base ALL membership.

5. Is there a way to have plus membership in AP as well as Europe under one membership number?
Click to expand...
I dont have answers to a lot of your questions. I am planning to take my base ALL membership , transfer 5k ERs for 4k Accor points and to burn the 4k accor points for their accor plus. Hopefully with this, the membership number remains the same.

www.accorplus.com

Enjoy 20 status nights on us - Accor Plus India

For a limited time, join Accor Plus Traveller Membership using 4,000 ALL – Accor Live Limitless Reward points!
www.accorplus.com www.accorplus.com

Here is the link , if you are interested.
 
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govigov said:
I dont have answers to a lot of your questions. I am planning to take my base ALL membership , transfer 5k ERs for 4k Accor points and to burn the 4k accor points for their accor plus. Hopefully with this, the membership number remains the same.

www.accorplus.com

Enjoy 20 status nights on us - Accor Plus India

For a limited time, join Accor Plus Traveller Membership using 4,000 ALL – Accor Live Limitless Reward points!
www.accorplus.com www.accorplus.com

Here is the link , if you are interested.
Click to expand...
number will change
 
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