[ Query ] Axis Magnus Milestone Benefit

Calendar month.
1st month is also considered for milestone.

Its better to visit Axis site for correct answers

 https://www.axisbank.com/docs/default-source/de...

As per updated tnc, first month is also eligible for milestone benefit (9th to 30th April in your case).

Off topic, how long do u think this offer will continue? It's already been over a year now.

My card anniversary is about 6 months away and I need to stop spending on it soon, if it is going to be removed beforee that. (Considering 4 months time required to credit points for my spends)😉.

Knight11 wrote:

Off topic, how long do u think this offer will continue? It's already been over a year now.

My card anniversary is about 6 months away and I need to stop spending on it soon, if it is going to be removed beforee that. (Considering 4 months time required to credit points for my spends)😉.

Well Axis Bank has to release their annual financial statement by this month's end so may depend on that.

guest_999 wrote:
Well Axis Bank has to release their annual financial statement by this month's end so may depend on that.

I will have a big share in their loss 😉.

Knight11 wrote:

I will have a big share in their loss 😉.

Knight11 wrote:

I will have a big share in their loss 😉.

r u redeeming to miles r normal use

Dileep_kumar wrote:
r u redeeming to miles r normal use

Both (miles came in last 6 months only). But i was talking about earning part.

I was one of the few users who had edge rewards based cards during early grab deals sale, which didn't had any capping and multipliers were like 20x-30x on Amazon.

Knight11 wrote:

Both (miles came in last 6 months only). But i was talking about earning part.

I was one of the few users who had edge rewards based cards during early grab deals sale, which didn't had any capping and multipliers were like 20x-30x on Amazon.

ohh then u looted lakhs of edge rewards then 😄

Great! Thanks everyone!

Btw which is the most preferred airline partner to convert edge points?

Again, understood that it depends on personal choice! But just to understand which is seamless end-to-end? @Knight11 @guest_999

Knight11 wrote:

Off topic, how long do u think this offer will continue? It's already been over a year now.

My card anniversary is about 6 months away and I need to stop spending on it soon, if it is going to be removed beforee that. (Considering 4 months time required to credit points for my spends)😉.

With the most optimized usage of this card, one can get a freaking 68% reward on a 1L spend XD
Although mostly folks using it to get around 25-30% based on their practical expenses, but definitely if it falls in the hands of a pro churner, he can reap it to the max 60-70% XD

Knight11 wrote:

Both (miles came in last 6 months only). But i was talking about earning part.

I was one of the few users who had edge rewards based cards during early grab deals sale, which didn't had any capping and multipliers were like 20x-30x on Amazon.

was this grab deals multiplier offer on Magnus?

BlueFlash wrote:
With the most optimized usage of this card, one can get a freaking 68% reward on a 1L spend XD
Although mostly folks using it to get around 25-30% based on their practical expenses, but definitely if it falls in the hands of a pro churner, he can reap it to the max 60-70% XD

68% how please enlighten 😬

dummyuser wrote:
was this grab deals multiplier offer on Magnus?

All edge reward based cards.

BlueFlash wrote:
With the most optimized usage of this card, one can get a freaking 68% reward on a 1L spend XD
Although mostly folks using it to get around 25-30% based on their practical expenses, but definitely if it falls in the hands of a pro churner, he can reap it to the max 60-70% XD

Bro could you please share a bit more about it? It'd be very helpful.

game.ruler wrote:
Bro could you please share a bit more about it? It'd be very helpful.

You can buy vouchers of say Yatra which gives 10X via gyftr/edgerewards, on a total spend of 1L, you get 60K (10X) points + 25K milestone points, totaling to 85K which when redeemed for say Club Vistara, gets you 68K points, hence giving you a 68% reward rate. Now, obviously, one might say that the Yatra vouchers itself are generally discounted at 10-15% or so, and then the CV points are also discounted at says 10-15%, hence effective discounted reward rate still comes to roughly 50%. Now one might argue that who's gonna buy 1L of Yatra voucher, so be it, get some other useful vouchers but that generally reduces to 5X, so effectively reducing the reward rate to 45%, and the discounted reward rate to roughly 30%... You can get different combinations of gift vouchers with 5X/10X as per your need. So, it all depends on your spending use case, or rather trading voucher use case XD

CC - @dummyuser

BlueFlash wrote:
You can buy vouchers of say Yatra which gives 10X via gyftr/edgerewards, on a total spend of 1L, you get 60K (10X) points + 25K milestone points, totaling to 85K which when redeemed for say Club Vistara, gets you 68K points, hence giving you a 68% reward rate. Now, obviously, one might say that the Yatra vouchers itself are generally discounted at 10-15% or so, and then the CV points are also discounted at says 10-15%, hence effective discounted reward rate still comes to roughly 50%. Now one might argue that who's gonna buy 1L of Yatra voucher, so be it, get some other useful vouchers but that generally reduces to 5X, so effectively reducing the reward rate to 45%, and the discounted reward rate to roughly 30%... You can get different combinations of gift vouchers with 5X/10X as per your need. So, it all depends on your spending use case, or rather trading voucher use case XD

CC - @dummyuser

Magnus noob here, please help.

aren’t edge rewards from grabdeals capped to 10k per month?

raghupro wrote:

Magnus noob here, please help.

aren’t edge rewards from grabdeals capped to 10k per month?

Grabdeals points is capped to 10K, but there's no point capping in Gyftr/edgerwards.

Grabdeals is an affiliate program which is useful when wanting to directly shop from sites like Marks&Spencer and all.

Gyftr/edgerewards is a voucher buying platform (just like hdfc gyftr) which is useful to buy vouchers like that of Chroma, Yatra etc. There's no edge point capping, however there are capping to certain vouchers like Amazon Pay and all.

Knight11 wrote:

I will have a big share in their loss 😉.

How ,,pls share

shahdhawalb830 wrote:

How ,,pls share

If u have read this thread and still asking, then I can't explain more.

If u haven't read, then read😂.

Knight11 wrote:

If u have read this thread and still asking, then I can't explain more.

If u haven't read, then read😂.

Got it got it