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Samsung Axis Bank Infinite Credit Card - Too good to be true?

Yes that happens. Happened to me also. But even then, you can continue redeeming the MB points. Once you make this MB bucket zero, it will get refilled by ER point balance. Then redeem again at 5:4
Is it still working? I have around 45k Old magnus ER. Will i be able to transfer them at 5:4 if i take Magnus for burgundy?
 
Is it still working? I have around 45k Old magnus ER. Will i be able to transfer them at 5:4 if i take Magnus for burgundy?
It is working, but getting M4B is difficult now. You can try via RM. See if you can get LTF

Paid version with 30K + GST fees is not worth it for the points you have. It is beneficial to only those with 90K+ Edge rewards baed on fees paid vs edge rewards gain break even calculation
 
It is working, but getting M4B is difficult now. You can try via RM. See if you can get LTF

Paid version with 30K + GST fees is not worth it for the points you have. It is beneficial to only those with 90K+ Edge rewards baed on fees paid vs edge rewards gain break even calculation
Ok.
I had a call with BM but M4B cannot be offered as LTF currently as the offer has expired on 31 Jan. On approval basis also there is no chance. But he insisted to maintain Burgundy relationship and wait for an offer in future 😄

Also connected with the retention team but they didn't had anything to offer on my Magnus even if I close it.

As I have my annual fee waived so shall be keeping it till that time and then close it.
 
Ok.
I had a call with BM but M4B cannot be offered as LTF currently as the offer has expired on 31 Jan. On approval basis also there is no chance. But he insisted to maintain Burgundy relationship and wait for an offer in future 😄

Also connected with the retention team but they didn't had anything to offer on my Magnus even if I close it.

As I have my annual fee waived so shall be keeping it till that time and then close it.
Yes.. makes sense to wait... With whatever going on currently with Axis saga, better to wait for more clarity and then apply
 
15 ER/₹100 for international txn, SAME AS RESERVE 😱

I somehow didn't noticed it.

This is the best card with 4-6% net reward rate for international spends. I already closed/taken 2 cards and was about to close 3rd card for welcome benefits. But now will retain it for my upcoming Europe trip. Nobody talks about this hidden gem😂. Everyone wants reserve for international spends for 60K for that 2% lesser markup 🤦‍♂️.

And u get more points here, as it is credited based on statement cycle, so it is not rounded down to nearest 100/200.
 
15 ER/₹100 for international txn, SAME AS RESERVE 😱

I somehow didn't noticed it.

This is the best card with 4-6% net reward rate for international spends. I already closed/taken 2 cards and was about to close 3rd card for welcome benefits. But now will retain it for my upcoming Europe trip. Nobody talks about this hidden gem😂. Everyone wants reserve for international spends for 60K for that 2% lesser markup 🤦‍♂️.

And u get more points here, as it is credited based on statement cycle, so it is not rounded down to nearest 100/200.
Net reward is 1.28%. How is it 4-6%? Are you considering 5:4 conversion?
 
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