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Road to Axis Magnus - How to? (2nd best card?)

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sheru

sheru

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Currently i hold Axis Ace ♠️ and FK Axis. Both paid.

I hold FK Axis since it's launch and have used it well in past. But from the day I got ACE i have hardly used it.
So I'm now thinking of closing FK Axis as I don't shop from FK anymore. Also in case needed i have SBI CB for that purpose.
I will keep using ACE.

My target is Magnus 🎯. But i would like to take it step by step as I don't have such high spends right now.

So which AXIS card is suitable for spends in range of 5lacs/yr, has good ER structure, milestone & lounge benefits and will be helpful in getting Magnus in future?

Atlas? Select? Privilege? Or any other?

PS - Currently i hold Regalia, Tata Neu ♾️, ICICI Apay and Legend to name a few.

TIA
 
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sheru said:
Roughly 50k/month. So in all 5-6L/yr.


I can cross 1L (in genuine spends) may be in 2 months when insurance premiums are due.

What are other options if not Magnus?
Click to expand...
If it’s 50k / month then you can probably combine spends of 2 months in 1 by buying gift vouchers for next month. I would say go ahead with Magnus. There are other ways to increase your spends too.
 
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sheru said:
Currently i hold Axis Ace ♠️ and FK Axis. Both paid.

I hold FK Axis since it's launch and have used it well in past. But from the day I got ACE i have hardly used it.
So I'm now thinking of closing FK Axis as I don't shop from FK anymore. Also in case needed i have SBI CB for that purpose.
I will keep using ACE.

My target is Magnus 🎯. But i would like to take it step by step as I don't have such high spends right now.

So which AXIS card is suitable for spends in range of 5lacs/yr, has good ER structure, milestone & lounge benefits and will be helpful in getting Magnus in future?

Atlas? Select? Privilege? Or any other?

PS - Currently i hold Regalia, Tata Neu ♾️, ICICI Apay and Legend to name a few.

TIA
Click to expand...
Read this - Thread 'Axis Magnus : Optimal Usage Guide and Valuation' https://www.technofino.in/community/threads/axis-magnus-optimal-usage-guide-and-valuation.4074/

And this - Thread 'Axis Edge Points to Airmiles & Hotel Loyalty Program Transfer Valuation and Guide: Axis Reserve, Magnus & Burgundy Private Credit Card' https://www.technofino.in/community...rve-magnus-burgundy-private-credit-card.2487/

And this - Thread 'Axis Magnus | Master List of Exclusions | Guide | Update Date: 4th May, 2023 - 11:10 AM IST' https://www.technofino.in/community...e-update-date-4th-may-2023-11-10-am-ist.9863/

And lastly this -
Thread 'A few questions about Axis Magnus Credit Card' https://www.technofino.in/community/threads/a-few-questions-about-axis-magnus-credit-card.11212/

Analyse your spends level first - which annual spend category you fall in. Is paying the annual fee worth your money currently - ₹11800.
How much rewards can you get by genuine spending.

Try for other cards - Axis Airtel card if you have Airtel sim/dth
Atlas - if you are into airmiles and in future will use Magnus Atlas Reserve
Privilege/Select - if you are getting LTF - privilege you get ltf with priority acct. Select with Burgundy acct.

If you can spend 1 lac/mon 2-3 times a year - go for Magnus - very rewarding card if you spend that much.


Important note - Think whether you will do genuine spend or manufacture it. Please don't do unnecessary spending running behind rewards.
 
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Shrinit Padwal said:
Important note - Think whether you will do genuine spend or manufacture it. Please don't do unnecessary spending running behind rewards.
Click to expand...

Exactly my thoughts.

Shrinit Padwal said:
Analyse your spends level first - which annual spend category you fall in. Is paying the annual fee worth your money currently - ₹11800.
How much rewards can you get by genuine spending.

Try for other cards - Axis Airtel card if you have Airtel sim/dth
Atlas - if you are into airmiles and in future will use Magnus Atlas Reserve
Privilege/Select - if you are getting LTF - privilege you get ltf with priority acct. Select with Burgundy acct.
Click to expand...

Was looking for Atlas/Privilege/Select.
Not getting LTF. Any way I'll get it?
Not interested in AXIS Bank account.
 
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sheru said:
Exactly my thoughts.



Was looking for Atlas/Privilege/Select.
Not getting LTF. Any way I'll get it?
Not interested in ICICI Bank account.
Click to expand...
There was some offer going on for Privilege FYF. Other two would be difficult without Axis acct, even Privilege LTF as well. LTF cards you can get easily - Myzone/IOCL.
 
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sheru said:
My target is Magnus
Click to expand...
Since your target is magnus, i believe you are ready to jump into miles game.

I would just suggest to apply magnus on c2c. No need to go step by step by getting other axis cards. USP of magnus is two things
1. 1 lac monthly milestone
2. Transfer ratio to partners

If you compare the point runrate for magnus it's 12 er/200 and for select/privilege it's 10er/200, not much difference but the transfer ratio has huge difference. Magnus has 5:4 and others have 10:1.

If you can hit 1 lac milestone at least for 3 or 4 times in a year then it's worth.

Select is good if you have spends on bigbasket and swiggy. It also gives priority pass.

Privilege is good for multi brand vouchers. It's available as FYF and I got recently. Check out

https://www.technofino.in/community/threads/my-experience-of-getting-axis-privilege-fyf.9896/
 
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bugmenot said:
Since your target is magnus, i believe you are ready to jump into miles game.
Click to expand...

That's true. I want to start the miles game.
bugmenot said:
Select is good if you have spends on bigbasket and swiggy. It also gives priority pass.

Privilege is good for multi brand vouchers. It's available as FYF and I got recently. Check out

https://www.technofino.in/community/threads/my-experience-of-getting-axis-privilege-fyf.9896/
Click to expand...

Privilege seems better.
BB and Swiggy deals are possible thru vouchers as well.
 
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Few more things i want to get clarified.. for Magnus

1. 10k Tata Cliq voucher is applicable on renewal fee payment as well? Essentially making its fee/yr only as GST amt?

2. What is the validity of ER points? Is additional ER via milestone or 5x,10x have different validity?

3. Is there any way to pay EMIs of HDFC Bank Home loan/Car loan via Magnus? (Is it even possible to pay EMI via CC in 1st place?)

@Shrinit Padwal @bugmenot @WhoU @arunpratheep @Banking101
 
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sheru said:
Few more things i want to get clarified.. for Magnus

1. 10k Tata Cliq voucher is applicable on renewal fee payment as well? Essentially making its fee/yr only as GST amt?

2. What is the validity of ER points? Is additional ER via milestone or 5x,10x have different validity?

3. Is there any way to pay EMIs of HDFC Bank Home loan/Car loan via Magnus? (Is it even possible to pay EMI via CC in 1st place?)

@Shrinit Padwal @bugmenot @WhoU @arunpratheep @Banking101
Click to expand...
1) Yes, you will get Tata Cliq Voucher for renewal as well
2) Edge rewards has 3 year validity
3) You won't get ER for EMI transactions
 
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Tha
arunpratheep said:
Your card has to be 1 year old and should have more than 4 lakh limit for C2C. If you meet the criteria, then contact @Alwàys_Bélîevé_Yøursélf🎯 . He will arrange a person for offline application and collecting the latest statement of your card.
Click to expand...

I tried through a mobile APP and it worked. Limit is less 2 Lakhs but I got Magnus Approved 🙂
Thank you for your guidance 🙂
 
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y
sheru said:
That's great.

Do you hold any other Axis card as well?
Where did you apply on Axis app exactly?
Which card you gave for c2c and with what limit, if you don't mind?
Click to expand...
yes, axis ACE. I also have axis account.
open APP -> home screen -> under product click on credit card
before login you will get the options.
 
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