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How did you achieve 1L Milestone in Axis Magnus?

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Naruto.Uzumaki

I also got axis magnus.😬

Which transactions are valid? Any tips? Want to use before it gets devalued 😂

I read rent and wallet loads aren't valid.

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Scorpion wrote:
Will post detailed guide in evening.

Main source is Giftedge portal.

At present only Wallet Load is not eligible for reward points


Personal expenses like Utility Bills, Recharges, Insurance, Rent, etc have to be calculated and ascertained whether the card should be used Monthly/Bimonthly/quarterly once.


Iam not using this card for Manufactured Spends like Rent, NPS, etc.


If the user have taken account of their expenses from the above categories, if still any spends to be done, we can make use of below options.


1. Gyftr edge rewards

https://www.gyftr.com/edger...ds

https://www.gyftr.com/edgerewards/terms-and-con...


Many gvs are available with 3x/5x/10x reward points multiplier.


Eg:

Amazon pay GV - 3x (3.6% rewards) + also it will be included for 1L Milestone - So Total will be 8.6% Overall returns

Amazon Shopping gv, Flipkart gv, Tatacliq gvs- 5x (6% rewards) + also it will be included for 1L Milestone - - So Total will be 11% Overall returns


A customer (registered mobile number) can buy a maximum of Rs. 10,000 worth of Amazon Pay Gift Cards in a calendar month.

A customer (registered mobile number) can buy a maximum of Rs. 50,000 worth of Amazon Shopping Vouchers in a calendar month.

A customer (registered mobile number) can buy a maximum of Rs. 10,000 worth of Flipkart Gift Cards in a calendar month.

A customer (registered mobile number) can buy a maximum of Rs. 20,000 worth of TATA CLiQ Gift Vouchers in a calendar month.


I have only mentioned most demanded gvs. Other gvs like swiggy, myntra, etc are available and some gvs will fetch u more reward multipliers. U can search and take decision


2. If still the 1L Milestone not yet achieved and the above gvs quota over, we can buy gvs from grabdeals.

https://grabdealsaxisbank.woohoo.in/catalo...=0


In grabdeals, Most of the times the gvs will be on full price. Sometimes they may offer it at discounted price.

@PowerStar @prem4998

Edit : Discounted price vouchers. https://www.gyftr.com/edgerewards/di...nt

Deal Cadet Deal Cadet
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Most of the month I pay

almost 50k rent payments..

10k amazon GV via Gift Edge..

4k shopping via Grab Deals from forest Essentials.

Near about 14K electric bill for me and my uncle's house.

NPS payments around 5k

Insurance Payment around 3k to 6k

Rest other payments.

Star Star
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MrKool_JJ wrote:
I guess it's flat 40% on bbq gvs upto something (no idea on the tnc part) if you purchase them from eazydiner app.
It is correct.

Txn value sud be 2500 and we will get 1000 discount. (40%)
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Blaze Blaze
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NPS and insurance is counted?

Deal Subedar Deal Subedar
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Naruto.Uzumaki wrote:

NPS and insurance is counted?

Everything except wallet load count. Rent , nps, insurance, fuel, cash withdrawal 🤣 all does.

Deal Subedar Deal Subedar
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Knight11 wrote:

Everything except wallet load count. Rent , nps, insurance, fuel, cash withdrawal 🤣 all does.

Cash withdrawal charges? And interest?

Generous Generous
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Manitian wrote:

Cash withdrawal charges? And interest?

Why do u want to do that? It doesn't give points and not counted for milestone calculation

Generous Generous
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Naruto.Uzumaki wrote:

NPS and insurance is counted?

Yes. Except wallet, every other category counts except card fees, withdrawal, balance transfer and finance charges.

Benevolent Benevolent
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They give 40%-50% discount on bbq gvs right?
I can help you with this atleast on regular basis biggrin

Trailblazer Trailblazer
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magnus card is worth when rewards r  convert to miles not just for 6%

Deal Subedar Deal Subedar
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MrKool_JJ wrote:

They give 40%-50% discount on bbq gvs right?
I can help you with this atleast on regular basis biggrin

more details please
Deal Lieutenant Deal Lieutenant
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All Transactions will count except wallet load If I wasn't wrong

Deal Subedar Deal Subedar
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Manitian wrote:

Cash withdrawal charges? And interest?

No withdrawal charges, but interest is there. You can prepay and withdraw without interest.

One person here mentioned getting milestone benefits for cash withdrawal. I haven't tried myself. And terms also mention only wallet loads as exclusion.

Deal Subedar Deal Subedar
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prem4998 wrote:

Why do u want to do that? It doesn't give points and not counted for milestone calculation

Any source of this? One person here confirmed getting milestone benefits for cash withdrawal.

Generous Generous
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Knight11 wrote:

Any source of this? One person here confirmed getting milestone benefits for cash withdrawal.

Cash withdrawal cannot be considered for milestone or even as a spend. Must be a miscalculation. No proof on my side but i am pretty sure withdrawals cannot be even considered as a spend.

Benevolent Benevolent
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NewLife wrote:
more details please
I guess it's flat 40% on bbq gvs upto something (no idea on the tnc part) if you purchase them from eazydiner app.
Star Star
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MrKool_JJ wrote:
I guess it's flat 40% on bbq gvs upto something (no idea on the tnc part) if you purchase them from eazydiner app.
It is correct.

Txn value sud be 2500 and we will get 1000 discount. (40%)
Star Star
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prem4998 wrote:
I did some of my relatives spends to achieve it. But @Scorpion & @PowerStar achieved it with their own spends. Experts in the field.
Will post detailed guide in evening.

Main source is Giftedge portal.
Finance Mentor Finance Mentor
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Knight11 wrote:

Everything except wallet load count. Rent , nps, insurance, fuel, cash withdrawal 🤣 all does.

are you sure bro Cash Withdrawal also counts towards points accruals ?
It seems like the easiest option
Deal Newbie Deal Newbie
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Scorpion wrote:
It is correct.

Txn value sud be 2500 and we will get 1000 discount. (40%)

that is applicable 2 times per month on magnus card na ?

Star Star
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Snvalent wrote:

that is applicable 2 times per month on magnus card na ?

Ur right bro, 2 times per month for Magnus. (Also applicable on Axis super prem cards like Reserve, etc)
Deal Subedar Deal Subedar
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prem4998 wrote:

Cash withdrawal cannot be considered for milestone or even as a spend. Must be a miscalculation. No proof on my side but i am pretty sure withdrawals cannot be even considered as a spend.

Which card gives 24.8% return on rent payments 😅? Or remember 30x offer (120% return in today's terms) in last year Holi sale on Amazon?

Axis is being run by inexperienced team and they are running offers without thinking ahead. 

Deal Lieutenant Deal Lieutenant
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can help but with some charges

Deal Cadet Deal Cadet
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Most of the month I pay

almost 50k rent payments..

10k amazon GV via Gift Edge..

4k shopping via Grab Deals from forest Essentials.

Near about 14K electric bill for me and my uncle's house.

NPS payments around 5k

Insurance Payment around 3k to 6k

Rest other payments.

Deal Cadet Deal Cadet
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20days back some of the people received message from IT department for high end credit card transactions 

Ru ready to file ITR?

Community Angel Community Angel
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Sawal ye paida hota hai ki Magnus milega kaise 

Deal Cadet Deal Cadet
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drupal wrote:

Sawal ye paida hota hai ki Magnus milega kaise 

C2C or ITR. I got with ITR.. my RM also suggested me to take Axis Reserve. But Fees are too high..

Deal Cadet Deal Cadet
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Rakhi_srikak wrote:

20days back some of the people received message from IT department for high end credit card transactions 

Ru ready to file ITR?

Yup.. some of my colleagues also received ITR sms.. their family members also received emails from IT dept. Most interesting thing that one of the guy using house rent feature to rotate money from cc 2 bank transfer and he use his parent's account. His parents also received it notice for the same..

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