Is it too late to get the magnus burgundy LTF now? Have a select card and regular axis SB account with a 15L FD.
Anyway to get in on this now? TIA
Anyway to get in on this now? TIA
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Too late for Magnus burgundy LTF?
- Thread starter theglobalinvestor
- Start date
Somebody was saying this offer was going to get extended.
Make a 30L fd and let it get generated in your ogs
Then mostly LTF is possible
Make a 30L fd and let it get generated in your ogs
Then mostly LTF is possible
saurabhduasd
TF Select
One glance statement, it comes on mail every 4/5th of month once we open axis account
OK, I don't think I get these. Just regular statements by email on the 7th of the month. How to get these? Is this only once you become burgundy? What is the email subject usually?
saurabhduasd
TF Select
Mail subject e.g. November 2023 - One glance statement
drsel
TF Prestige
With only 12 days left you can deposit over 75 lacs in your Burgundy savings account to meet 10 lacs AQB
Yes after becoming Burgundy
saurabhduasd
TF Select
Still it won't be enough I guess as they calculate AQB on quarterly basis after quarter ends e.g. July to September
Yes, you also need to be burgundy for 45 days to be eligible - https://www.axisbank.com/docs/defau...cards/magnus-credit-card-for-burgundy-faq.pdf
Some people got Burgundy with 2L salary but I doubt anyone got MB with less than that until now.
Thanks for confirming. Need to decide on moving my salary account from HDFC to Axis.
Not really, I got within 23 days of TRV.
shashankrt
TF Ace
This is no longer applicable. Quite a few ppl got MB after 1 month of opening account after their 1st OGS was generated. Even my RM is saying I can apply once my OGS is generated and I only opened account on 8th Nov.
shashankrt
TF Ace
Well depends on how are you planning to achieve the AQB / TRV / Salary criteria. For salary it will not be possible till Jan as earliest salary credit will be for Dec and it will reflect in OGS only in Jan.
You can try for TRV however it will need additional 15 lakh funding. Best option would be to do the offline conversion via RM - however above funding requirements still apply.
Oh thats good to know. Thanks! So I should be able to get burgundy once I create another FD of 15L? And then how long before I can get MagBurg LTF?
shashankrt
TF Ace
well creating an FD only for burgundy may be loss making as Axis does not offer good interest rates. Better is keep that as balance in account and switch later on after upgrade. However discuss with your RM before any move and negotiate as you are old Axis account holder.
Also not sure about free MB - however you will be eligible for paid MB sometime in Jan / Feb.
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