Suggestion needed on going for Magnus or not??

[Ram]

Hi All,

I am currently mostly using the cashback cards, and now I am willing to shift to points based cards to learn and explore them.

I am having yearly expenses of around 4-6L including all my spends, I won't travel much but interested to explore stays in Taj,ITC e.t.c.

So considering my interests and expenses is it good to go for magnus or is there any other card that fits for me. If I can go for Magnus I have AMZ Pay card with 4.9L Limit, Does axis accept C2C using this card??

Kindly provide your inputs.

 

[Arun Pratheep]

You can use APay for C2C Magnus application. I got Magnus using Apay C2C.

 

[vn_1]

I do fall in this category-4-6L spends, not much traveling , no rent or insurance. So I asked the same questions and some members suggested not to go for it. Considering my usage, fee for Magnus is high. But when we consider 10,000 annual Tata Cliq voucher, we just have to pay gst and this makes Magnus tempting. I am in dilemma.

 

[Ram]

I do fall in this category-4-6L spends, not much traveling , no rent or insurance. So I asked the same questions and some members suggested not to go for it. Considering my usage, fee for Magnus is high. But when we consider 10,000 annual Tata Cliq voucher, we just have to pay gst and this makes Magnus tempting. I am in dilemma.

I do make Insurance and NPS payments which push my expenses to nearly 6L.

 

[0xfallup]

You can use APay for C2C Magnus application. I got Magnus using Apay C2C.

the same exact limit?

 

[Arun Pratheep]

the same exact limit?

Yes, I got the same exact limit of Apay

 

[hemant89]

You can use APay for C2C Magnus application. I got Magnus using Apay C2C.

@Arun Pratheep How did you apply Magnus on C2C basis? Via customer care or branch visit?

 

[Arun Pratheep]

@Arun Pratheep How did you apply Magnus on C2C basis? Via customer care or branch visit?

I applied offline. I contacted @Alwàys_Bélîevé_Yøursélf🎯 . He send an agent to my house to collect my Apay statement and Aadhar biometric verification.

 

[beingmohit]

Hi All,

I am currently mostly using the cashback cards, and now I am willing to shift to points based cards to learn and explore them.

I am having yearly expenses of around 4-6L including all my spends, I won't travel much but interested to explore stays in Taj,ITC e.t.c.

So considering my interests and expenses is it good to go for magnus or is there any other card that fits for me. If I can go for Magnus I have AMZ Pay card with 4.9L Limit, Does axis accept C2C using this card??

Kindly provide your inputs.

Given your spending and interests, have you considered the Amex Platinum Travel card? It could be a good fit for you, perhaps more than Magnus. If you plan to apply for one, I would love to refer you (if the Amex referral is ongoing if and when you choose to go for it)

 

[Ram]

I am not living in serviceable area🥲🥲 that is the reason till now I didn't hold any Amex cards.

Given your spending and interests, have you considered the Amex Platinum Travel card? It could be a good fit for you, perhaps more than Magnus. If you plan to apply for one, I would love to refer you (if the Amex referral is ongoing if and when you choose to go for it)

 

[Sandy Singh]

If you are interested in Taj stay, or 5 star hotels stay, then definitely consider Amex Platinum Travel. You get more than 7% return if you spend 4L in a year with a 10k Taj voucher as well. But if you can do 1L+ spend even in 2-3 months with Magnus, then I think you can go for Magnus as well.

Also the 1800 GST on Magnus can be easily recovered with BOGO offer on BMS (I mostly use it for IMAX and comedy shows), and 1k off on ED with 2500+ bill twice a month. Although this ED offer is valid till 30th June, so let's see if this offer get's renewed or not.