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)

[shibili]

Just received confirmation from bank officials that they will provide Magnus LTF for Burgundy customers from Sep 1st onwards

 

[H2O]

So people opening a new Burgandy account and not having an existing Magnus CC can directly reach to bank for the Burgandy Magnus CC application.

 

[drsel]

OGS statement doesn't reflect AQB so how did it work for you as evidence for true burgundy?

Customer care can only check your AMB and not AQB
you need to contact the branch or relationship manager to check AQB

 

[SteelSh0t]

Finally applied for Magnus Burgundy credit card today (new card application with no existing Magnus) on basis of AQB criteria via C2C basis. Provided OGS for August since September one not received yet.

New criteria to apply Magnus Burgundy via C2C now requires minimum 10lac Credit Limit on other bank credit card and it shall be minimum 1 year old with minimum 40% credit limit available in the latest statement as per the agent who processed the application.
But again it might vary agent to agent in case if no clear guideline from bank to them.

Will share updates on the application as it progress.

On which date is the OGS sent?

 

[Rishabh]

On which date is the OGS sent?

I applied with Aug OGS received on 4th August.

 

[SM24]

On which date is the OGS sent?

As per past instances, anytime between 3rd and 6th of the month.

 

[Salvo08]

Customer care can only check your AMB and not AQB
you need to contact the branch or relationship manager to check AQB

You do not need AQB for this

 

[Salvo08]

On which date is the OGS sent?

4-5 of each month

 

[SteelSh0t]

4-5 of each month

Not yet received OGS for September

 

[Salvo08]

Not yet received OGS for September

Ya not received. Think tomorrow morning it should be there.

 

[ishanmontella]

I received the OGS yesterday at 2 PM.

 

[Harry1]

Card delivered, activated and did one transaction. Pretty fast. Less than 72 hours.

Still showing 5:2 though.

Finally showing 5:4. 5 weeks delay.

All points still under edge points category.

 

[drsel]

Finally showing 5:4. 5 weeks delay.

All points still under edge points category.

Does this mean that all your other cards will also get 5:4 conversion ratio because of your Magnus burgundy?

 

[rishabk27775]

Finally showing 5:4. 5 weeks delay.

All points still under edge points category.

Bro can you please post the screenshot.

 

[Harry1]

Bro can you please post the screenshot.

Lol it's literally same as before. What will you do with it.

Transferred 300 points for trial.

Intersting thing is program name says "Non Magnus Burgundy" in confirmation email. It used to be earlier "Travel edge HNI".

 

[Harry1]

Does this mean that all your other cards will also get 5:4 conversion ratio because of your Magnus burgundy?

Seems like that, unless that's a bug. Let's see if someone else also confirm.

 

[Salvo08]

Seems like that, unless that's a bug. Let's see if someone else also confirm.

Great News Guys.....

Axis Showing conversion of 5:4 for existing points as well. Just placed a request so will wait till conversion happens.

 

[Salvo08]

Lol it's literally same as before. What will you do with it.

Transferred 300 points for trial.

Intersting thing is program name says "Non Magnus Burgundy" in confirmation email. It used to be earlier "Travel edge HNI".

Ditto. But I placed a request for 10K. Think we should convert balance points ASAP before Axis again does something else.

 

[Salvo08]

Does this mean that all your other cards will also get 5:4 conversion ratio because of your Magnus burgundy?

Ya looks like that. As the ER are common for Select CC and account activity as well.

 

[praneeth999]

Showing 5:4 for me as well.

 

[Harry1]

Ditto. But I placed a request for 10K. Think we should convert balance points ASAP before Axis again does something else.

My guess is their technical team couldn't figure out a proper way to segregate points basis on source card variant. So they removed the entire separate magnus burgundy plan itself.