New India Assurance - Payment of 30k - Axis Magnus

[mynameisusername]

What is the best way to pay insurance payment of new india assurance using magnus? To maximum ER points

 

[WhoU]

Buy apay gv from gyftr in 3 txns worth 10k each and pay the premium from amazon pay.

 

[mynameisusername]

Isn't Apay gv from gyftr capped for 10k per calendar month?

 

[WhoU]

Isn't Apay gv from gyftr capped for 10k per calendar month?

Yeah but it is working till 50k pm

 

[mynameisusername]

ok i hope we get rewards for that, unfortunately New india assurance is not available on amazon pay portal

 

[SiddharthR]

ok i hope we get rewards for that, unfortunately New india assurance is not available on amazon pay portal

Just pay directly via Magnus then

 

[bigbrain]

Just pay directly via Magnus then

Effective from 5th March, insurance spends are not eligble for edge rewards,

 

[SiddharthR]

Effective from 5th March, insurance spends are not eligble for edge rewards,

Still good to pay directly if he could touch ₹1L
this month

 

[DrTS]

Effective from 5th March, insurance spends are not eligble for edge rewards

Is it for insurance too ? I thought its just for rent payments !

 

[mynameisusername]

I have following options available from wallet also

 

[ccdc]

Effective from 5th March, insurance spends are not eligble for edge rewards,

do you have any email from axis bank regarding same?

 

[SiddharthR]

View attachment 11315

I have following options available from wallet also

All useless,
But you can try with Jio Money & Airtel Money, that is considered Infocomm for SBI

 

[Rohit_Gupta]

View attachment 11315

I have following options available from wallet also

I have car insurance from the same company and I struggling to figure out a way to get cashback on it :|

 

[bigbrain]

Is it for insurance too ? I thought its just for rent payments !

As I understand, Insurance is considered for milestones but does not get you rewards. And rent gets you rewards but not considered for milestones. Correct me if I am wrong.

 

[bigbrain]

do you have any email from axis bank regarding same?

I could not find email but here is the link to notification on axis bank’s site.

https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/revision-of-axis-bank-credit-card-terms-and-conditions.pdf

 

[DrTS]

I could not find email but here is the link to notification on axis bank’s site.

https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/revision-of-axis-bank-credit-card-terms-and-conditions.pdf

The earlier devaluation email said insurance spends capping of 6000 ER. Now its saying no ER for insurance. I would still confirm with CC if insurance counts for milestone benefits coz you never know !

 

[mynameisusername]

The earlier devaluation email said insurance spends capping of 6000 ER. Now its saying no ER for insurance. I would still confirm with CC if insurance counts for milestone benefits coz you never know !

Final conclusion?

 

[bigbrain]

I pay insurance via Amazon pay or Tata Neu. I hope to get points and count against milestone.
Problem is I need to wait for 3 to 4 months to know the outcome.

 

[Copycat]

Effective from 5th March, insurance spends are not eligble for edge rewards,

As I understand, Insurance is considered for milestones but does not get you rewards. And rent gets you rewards but not considered for milestones. Correct me if I am wrong.

Incorrect on both counts regarding insurance

I could not find email but here is the link to notification on axis bank’s site.

https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/revision-of-axis-bank-credit-card-terms-and-conditions.pdf

Wrong PDF. That is for privilege cards. For Magnus the PDF is this one: https://www.axisbank.com/docs/defau...it-card-terms-and-conditions-for-affluent.pdf
Not only did I get this link via SMS with my Magnus card number I also confirmed it via email with CC (see the relevant thread where I have posted)
Further, 2 days ago I received a call from Magnus CC saying that the limit per transaction is 6000 ER for insurance (i.e. A maximum of 1 lakh)
Also, they confirmed that it is included in both monthly and annual milestones

 

[bigbrain]

Incorrect on both counts


Wrong PDF. That is for privilege cards. For Magnus the PDF is this one: https://www.axisbank.com/docs/defau...it-card-terms-and-conditions-for-affluent.pdf
Not only did I get this link via SMS with my Magnus card number I also confirmed it via email with CC (see the relevant thread where I have posted)
Further, 2 days ago I received a call from Magnus CC saying that the limit per transaction is 6000 ER for insurance (i.e. A maximum of 1 lakh)
Also, they confirmed that it is included in both monthly and annual milestones

Thanks for correcting.