The game is over and now capped to 2 lac or 4 lac points : Seedhi Bat

[Deleted member 9785]

Now whatever you do, you cant transfer more than 5 lac edge points in a year

95% junta cant afford Burgundy so 5:2 mean 2 lac worth points
5% junta cant afford Burgundy so 5:4 mean lac worth points

No points in wasting time on this now and focus on infinia dcb etc.

We can earn 4-5x in our regular work than wasting time for 2-4 lac miles . Other cards will also give 3-4% returns

 

[ANewUser]

*4 lac worth points for 5:4

 

[Deleted member 9785]

in future even if there are any technical gaps still axis has limited max loss

 

[CARDBITRAGE]

5:4 conversion through Burgandy is only to onboard HNI customers to their banking program. They know that after deval, a majority will not retain their cards, and all this cashburn will be for nothing. So they are trying to lure HNI customers to banking with this, and once they get a sizable number of people, they will remove this benefit as well. The only foolproof way to retain 5:4 will be through Burgandy Private(5CR TRV).

 

[rogerthat]

5:4 conversion through Burgandy is only to onboard HNI customers to their banking program. They know that after deval, a majority will not retain their cards, and all this cashburn will be for nothing. So they are trying to lure HNI customers to banking with this, and once they get a sizable number of people, they will remove this benefit as well. The only foolproof way to retain 5:4 will be through Burgandy Private(5CR TRV).

So both the customers and Axis are at a lose-lose situation here. Amazing what a bunch of nincompoops can achieve! 🤣

 

[vina]

5:4 conversion through Burgandy is only to onboard HNI customers to their banking program. They know that after deval, a majority will not retain their cards, and all this cashburn will be for nothing. So they are trying to lure HNI customers to banking with this, and once they get a sizable number of people, they will remove this benefit as well. The only foolproof way to retain 5:4 will be through Burgandy Private(5CR TRV).

those who have 5Cr TRV - they don't fall for gimmicks

 

[CARDBITRAGE]

those who have 5Cr TRV - they don't fall for gimmicks

HNI banking programs are the biggest gimmicks. 😛

 

[vina]

HNI banking programs are the biggest gimmicks. 😛

Burgundy etc. are. Private banking - I am not eligibile 🤣

some years ago the thresholds were lower, I didn't enroll

 

[vina]

Now whatever you do, you cant transfer more than 5 lac edge points in a year

95% junta cant afford Burgundy so 5:2 mean 2 lac worth points
5% junta cant afford Burgundy so 5:4 mean lac worth points

No points in wasting time on this now and focus on infinia dcb etc.

We can earn 4-5x in our regular work than wasting time for 2-4 lac miles . Other cards will also give 3-4% returns

without the milestone, how would one get 5lac ER? You'll have to buy 84 lac worth of amazon (and other) gift cards, or 40 lacs worth of spend on travel edge - both aren't possible so some combination of those, and foreign travel etc.

those who can actually even imagine managing anything like that - I'm not sure why they need Magnus

 

[Salvo08]

Now whatever you do, you cant transfer more than 5 lac edge points in a year

95% junta cant afford Burgundy so 5:2 mean 2 lac worth points
5% junta cant afford Burgundy so 5:4 mean lac worth points

No points in wasting time on this now and focus on infinia dcb etc.

We can earn 4-5x in our regular work than wasting time for 2-4 lac miles . Other cards will also give 3-4% returns

Though I haven’t understood your comparison of 2 lakh vs 1 lakh worth of points but I totally accept that Magnus is a waste of time. It absolutely is.

 

[Deleted member 9785]

Though I haven’t understood your comparison of 2 lakh vs 1 lakh worth of points but I totally accept that Magnus is a waste of time. It absolutely is.

people alreway wasted months speculating on axis. The party is over in credit cards. Focus back on your life and regular job/business. Earn and spend. Free miles are over. Only cc influencers fooling people to get referral benefits on amex and HDFC.

 

[Salvo08]

people alreway wasted months speculating on axis. The party is over in credit cards. Focus back on your life and regular job/business. Earn and spend. Free miles are over. Only cc influencers fooling people to get referral benefits on amex and HDFC.

Yeh bhi sahi hai 😂😂