Myntra 50% Back on axis magnus

[aditya001]

Axis gift edge portal offering 10x rewards on myntra + 4% off, considering the base reward on magnus is 4.8%, if we spend 1000 rs on myntra, 4% OFF = 960 - 48% Reward (10x) = 499.2, its like 50% OFF that too with no capping..

Is this calculation right or I'm missing something?

 

[ltf4ever]

Axis gift edge portal offering 10x rewards on myntra + 4% off, considering the base reward on magnus is 4.8%, if we spend 1000 rs on myntra, 4% OFF = 960 - 48% Reward (10x) = 499.2, its like 50% OFF that too with no capping..

Is this calculation right or I'm missing something?

base rewards rate on magnus is not 4.8%
it is 12 points per 200. 10x means 120 points per 200.
for your transaction of 1000 gift voucher, you will get 480 RP. if you can find any airmiles that has 1 rupee = 1 axis rewards points, then yes, its correct. but i don't think there is any way you can buy a 5000 rupees ticket with 5000 edge points.

 

[aditya001]

base rewards rate on magnus is not 4.8%
it is 12 points per 200. 10x means 120 points per 200.
for your transaction of 1000 gift voucher, you will get 480 RP. if you can find any airmiles that has 1 rupee = 1 axis rewards points, then yes, its correct. but i don't think there is any way you can buy a 5000 rupees ticket with 5000 edge points.

Will get 600 RP for 1000 spend, If i convert it in vistara cv points 5:4 then will get 480 cv points, 1 cv for = 1 rs generally in vistara flights.

 

[ltf4ever]

Will get 600 RP for 1000 spend, If i convert it in vistara cv points 5:4 then will get 480 cv points, 1 cv for = 1 rs generally in vistara flights.

ok, i was not aware of the cv ratio. thanks for that!

but you will get only 480 points, if 4% is the upfront discount and your card transaction is only for 960 rupees!

 

[Gkcards]

Will get 600 RP for 1000 spend, If i convert it in vistara cv points 5:4 then will get 480 cv points, 1 cv for = 1 rs generally in vistara flights.

This is cool...is there any upper limit on 10x points per month

 

[aditya001]

N

This is cool...is there any upper limit on 10x points per month

No upper limit according to there website

 

[aditya001]

ok, i was not aware of the cv ratio. thanks for that!

but you will get only 480 points, if 4% is the upfront discount and your card transaction is only for 960 rupees!

Still 50% back in calculation

 

[ishit.patel]

I think the reward points will be calculated on 960 and not on 1000. So 960/200 = 4 ( Round Figure). So Base RP is 480. For 10X it's 480. After Conversion to CV Points it's 384 points. Please correct me if I am wrong.

 

[Slayer]

Will get 600 RP for 1000 spend, If i convert it in vistara cv points 5:4 then will get 480 cv points, 1 cv for = 1 rs generally in vistara flights.

Sometimes it's higher than 1 rupis

Like during new year's week

 

[mojai]

Can you share the link of the Axis gift edge portal that you are referring to?

 

[Rahul Gupta]

Can you share the link of the Axis gift edge portal that you are referring to?

+1

 

[swiftlysingh]

+1

Can you share the link of the Axis gift edge portal that you are referring to?

I think the op is referring to gyftr.

E-Gift Cards & Gift Vouchers | Amazing Discount Offers | Axis Bank

Get Maximum discounts on 250+ Brands E-Gift Cards & Gift Vouchers, and use Axis Bank Credit and Debit Cards & earn up to 10% GyFTR Coins with gift Edge | Axis Bank

www.gyftr.com

 

[Avijeet]

Sharing a Screenshot of my Homework .... ER Cal Sheet for GV & GrabDeal
That 4% discount is a big loss ....
960 giving 480 points
1000 would have given 600 points

Always keep in mind that the final payment amount shoud be equal or little more than Multipile of 200 ... #FreeKaGyan🤣😆