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I think Axis Bank has some kind of snobbish attitude toward Burgundy Magnus Credit Card.
My very good friend has a burgundy account with Axis Bank from 2 years+
AQB: 75 lacs+
DEMAT: 2cr+
Already has IDFC wealth card, HDFC Mellinia, ICICI Amazon, SBI Card
Still cannot get Burgundy Magnus Card
To be honest... He did not follow up, why and how ... AnythingWhat was the reason given for rejection, -- internal policy?
As a valuable customer, he should be able to extract the real reason by pushing them through his BM.
Finally MAGNUS BURGUNDY Card approved after 23 days since application via meeting AQB criteria only, no 30l NRV needed.
Journey:-
4th Oct - Applied via Agent using August OGS(Sept OGS not generated) & other bank card statement for C2C criteria (minimum 10lac limit asked for C2C)
7th Oct- Submitted September OGS
14th Oct - Application put on Hold
21st Oct - Agent re-submitted Sept OGS
23rd Oct - CIBIL Enquiry made by Axis
24th Oct - Dropped email to Burgundy Email address for card approval
27th Oct - Card started visible under Netbanking/Mobile app
28th Oct - Approved SMS/Email received 🙂
Now waiting for card to be dispatched. Feels like a long battle won, was confident enough to get it due to assurance given by Agent since Day 1 for eligibility based on AQB criteria as well.
So anyone still having doubts - 30l NRV is not required to get this card.
Also I have Burgundy account since last 2 years & minimum AQB balance maintained since July onwards at individual account Level.
It was just above 10l since July month onwards till date.How much average balance was in your OGS form?
Do you see the 5:4 transfer ratio ?Finally MAGNUS BURGUNDY Card approved after 23 days since application via meeting AQB criteria only, no 30l NRV needed.
Journey:-
4th Oct - Applied via Agent using August OGS(Sept OGS not generated) & other bank card statement for C2C criteria (minimum 10lac limit asked for C2C)
7th Oct- Submitted September OGS
14th Oct - Application put on Hold
21st Oct - Agent re-submitted Sept OGS
23rd Oct - CIBIL Enquiry made by Axis
24th Oct - Dropped email to Burgundy Email address for card approval
27th Oct - Card started visible under Netbanking/Mobile app
28th Oct - Approved SMS/Email received 🙂
Now waiting for card to be dispatched. Feels like a long battle won, was confident enough to get it due to assurance given by Agent since Day 1 for eligibility based on AQB criteria as well.
So anyone still having doubts - 30l NRV is not required to get this card.
Also I have Burgundy account since last 2 years & minimum AQB balance maintained since July onwards at individual account Level.
Yet to receive the card in hand to activate the same in my account. Post that will able to check.Do you see the 5:4 transfer ratio ?
Okay. Please keep us posted👍Yet to receive the card in hand to activate the same in my account. Post that will able to check.
Received the card today, it got dispatched on 28th itself from New Delhi but due to Sunday in between it got delivered 1 day late 🙂Finally MAGNUS BURGUNDY Card approved after 23 days since application via meeting AQB criteria only, no 30l NRV needed.
Journey:-
4th Oct - Applied via Agent using August OGS(Sept OGS not generated) & other bank card statement for C2C criteria (minimum 10lac limit asked for C2C)
7th Oct- Submitted September OGS
14th Oct - Application put on Hold
21st Oct - Agent re-submitted Sept OGS
23rd Oct - CIBIL Enquiry made by Axis
24th Oct - Dropped email to Burgundy Email address for card approval
27th Oct - Card started visible under Netbanking/Mobile app
28th Oct - Approved SMS/Email received 🙂
Now waiting for card to be dispatched. Feels like a long battle won, was confident enough to get it due to assurance given by Agent since Day 1 for eligibility based on AQB criteria as well.
So anyone still having doubts - 30l NRV is not required to get this card.
Also I have Burgundy account since last 2 years & minimum AQB balance maintained since July onwards at individual account Level.
Good to hear. Any luck with 5:4 ?Received the card today, it got dispatched on 28th itself from New Delhi but due to Sunday in between it got delivered 1 day late 🙂
What was the reason given for rejection, -- internal policy?
As a valuable customer, he should be able to extract the real reason by pushing them through his BM.
I guess Magnus card is not yet linked or reflecting in Edge rewards portal, I see 5 lac capping and no Magnus Burgundy points balance option below Edge Rewards balance.Good to hear. Any luck with 5:4 ?
no ideaDoes anyone know what are the benefits of Axis Magnus Burgundy Add on card?|
1. Is BMS offers separate than primary?
yes2. Are domestic and international lounges free?
no idea3. Any other benefit which is separate from primary card?
no idea
yes
no idea
yesI don't think there is a priority pass for Add-on members.
I saw the 5:4 last week, while the new card was in transit, and not even delivered to me. Immediately transferred all the existing points at 5:4.Do you see the 5:4 transfer ratio ?
Did a few more transactions on Magnus Burgundy and the segregation kicked in, as soon as points for them got credited😭.I am waiting for 50% Accor bonus offer like last year, otherwise I would have transferred before August only😅.
As far as points are concerned, you just to fight with customer care to get the conversion ratio right.
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no point raising any request. just transfer them. as you keep transferring MB points ER points will shift to MB bucketDid a few more transactions on Magnus Burgundy and the segregation kicked in, as soon as points for them got credited😭.
Luckily I had shifted half of them already just few days back. And half of remaining got converted to Magnus Burgundy.
Now remaining 1/4th is Edge points and need to track with axis to get it transferred to Magnus Burgundy. (I recently had 30K points from Samsung card too, I hope they don't identify that).
Anyone raised ticket with axis yet for transferring them manually?