• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Axis Magnus Rumor with burgundy axis magnus could be LTF (by Sep 2023 it should be official by axis i think you never know though)

Apply For Lifetime Free IDFC First Credit Card
Sort by date Sort by votes
anish1516 said:
Yeah “TRUE” Burgundy is also a catch. I believe it’s trying to put people like me who have a burgundy account but don’t maintain the balance out of this scheme.
Click to expand...
Maintaining a Burgundy account is fine, lot many others bank including HDFC do similar thing to wave off fees and that makes sense as well as somehow banks will have to maintain a balance to keep this going otherwise this freebies cannot continue.
I feel at least its good for those who anyway are maintaining the Burgundy account as they are getting good benefits for maintaining the relationship.
 
Upvote 0 Downvote
Gkcards said:
Citi was on one extreme in customer care and technology, and axis on another 🙁
Click to expand...
haha, ya imagine the trauma of Citi customers who migrated to Axis. No wonder lots of the premier customers are choosing to move their accounts to some other place, maybe thats the reason why Axis is coming up with these Burgundy offers.
 
Upvote 0 Downvote
Greencheese said:
View attachment 28278
I got this email last night, anyone know what exactly is going on? I already have a Magnus LTF.
Click to expand...
These shouldn't be send to each magnus plus burgundy holder, they should have mentioned you can given consent then we will block your edge redemption temporary, it like axis have no clue magnus was given to LTF to customer. Why to waste 🗑 resource to convert LTF magnus into new Magnus+ LTF.
 
Upvote 0 Downvote
I have received official email from Axis for blocking of existing Magnus card and new card will be issued in few days. They have confirmed 5:4 conversion ratio.

I think this new card is to clearly differentiate between Burgundy and Non Burgundy client, so they don't goof up on conversion for non-Burgundy clients.
 
Upvote 0 Downvote
anonym said:
I feel at least its good for those who anyway are maintaining the Burgundy account as they are getting good benefits for maintaining the relationship.
Click to expand...

I sometimes do wonder what "good benefits" am I really getting out of my "True Burgundy" relationship!

Of course, I may (or may not) need to revisit my impression if I do someday get an LTF "Magnus something" CC out of this relationship. 🙂.
 
Apply For LTF HDFC Swiggy Credit Card
Upvote 0 Downvote
Trust Me said:
I sometimes do wonder what "good benefits" am I really getting out of my "True Burgundy" relationship!

Of course, I may (or may not) need to revisit my impression if I do someday get an LTF "Magnus something" CC out of this relationship. 🙂.
Click to expand...
is magnus getting provided free to all burgundy customers?
 
Upvote 0 Downvote
amitr29 said:
I have received official email from Axis for blocking of existing Magnus card and new card will be issued in few days. They have confirmed 5:4 conversion ratio.

I think this new card is to clearly differentiate between Burgundy and Non Burgundy client, so they don't goof up on conversion for non-Burgundy clients.
Click to expand...
How long you were maintaining this burgundy criteria?
 
Upvote 0 Downvote
amitr29 said:
I have received official email from Axis for blocking of existing Magnus card and new card will be issued in few days. They have confirmed 5:4 conversion ratio.

I think this new card is to clearly differentiate between Burgundy and Non Burgundy client, so they don't goof up on conversion for non-Burgundy clients.
Click to expand...
yeah seen on twitter.. already now for existing burgundy holder with select..let see if they message them for upgrade or not.
 
Upvote 0 Downvote
You must log in or register to reply here.

Similar threads

bugmenot
  • Question Question
Axis Magnus Magnus, Reserve & Other Axis Bank Credit Cards | Devaluation w.e.f. 1st Sep 2023.
422 423 424
Replies
8K
Views
672K
miles_guy
M
Back
Top