Axis Magnus Reward points fraud

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timelord

Everyone please check your reward points earned for high value transactions for axis bank credit card. I recently bought an item using magnus card costing ₹50854 but they credited only 3000 points instead of 3048 points. I contacted the CC and they said they can't do anything it is normal for high value transactions. Axis bank skimming points like this everyone check ur edge rewards transactions

Proof:

magfraud

Expiring In about 1 month
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Deal Cadet Deal Cadet
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Was this a rent/insurance txn?

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WhoU wrote:

Was this a rent/insurance txn?

retail transaction I purchased a washing machine
Deal Cadet Deal Cadet
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timelord wrote:
retail transaction I purchased a washing machine

Then it’s crazy they are doing this lol. 

Deal Cadet Deal Cadet
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They have a max cap of 3000 reward point per transaction excluding accelerated point but it is not written anywhere.

Deal Newbie Deal Newbie
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pro_deal wrote:

They have a max cap of 3000 reward point per transaction excluding accelerated point but it is not written anywhere.

It's nothing like that .

I have got earlier full rp (4200) on 70k transaction...

Deal Cadet Deal Cadet
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Got 7584 pts for a txn done this month...was a fees payment...but now if they r doing like that it is sad

Deal Subedar Deal Subedar
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timelord wrote:
retail transaction I purchased a washing machine

Mostly that merchant is registered under rent category, which is capped at 50k spends.

Deal Cadet Deal Cadet
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sanju8486 wrote:

It's nothing like that .

I have got earlier full rp (4200) on 70k transaction...

May be introduced now because someone else faced the same issue and axis cc told the same
Benevolent Benevolent
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Which washing machine for 50k paji?
Commentator Commentator
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kukdookoo wrote:
Which washing machine for 50k paji?
At 1.2% base reward rate 3,000 points will come from ₹2,50,000 spent i think, I may be wrong. 

PS: I misread points as rupees. 50840 should accrue 3048 points. If there's a 3000 point limit, I've not heard about it yet...
Deal Newbie Deal Newbie
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I got 18000 points for a single transaction of 3 lakhs last month

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kukdookoo wrote:
Ai vali order ki paji? What do ai do exactly here?

It calculates the load and set its own time to remove the dirt and dry afterwards

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