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Axis Magnus Rewards on gyftr For Magnus

bansalp

TF Select
VIP Lounge
Apologies if this is repeat question, couldn't find concrete

I am planning to shift my spends back to Axis magnus from DCB (plastic). I have around 1L spend per month (including Rent) and yearly probably 15-17 L.

Currentlly I use DCB - smart buy to purchase 10K Amazon voucher but with increased fees, it is becoming costly.

I was thinking to shift back spend on Axis Magnus (5:4) and was thinking of using GYFTR (edge rewards). But I don't see any where that it will give 2x rewards. From their website, it seems 0.5% gyftr coin.

Is 2x stopped now? Where can gyftr coins be used?

No Fees on either card.
 
I am also in a same situations.

But I personally feel, for 1 lac spends, better to stick with DCB. And opt for some Amex cards for Apay Gyft vouchers(0.75% tax+ GST). Combinations give more stable rewards.

Axis, I guess has stopped rewards multiplyer for most of the gyft vouchers. So not Magnus is not much rewarding if monthly spends are below 1.5 lacs. For good returs spends should be above 2.5 lacs per month.
 
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