[ Query ] Axis Magnus Milestone Benefit

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Deal Subedar
ritikjain56

Hi Everyone, recently got magnus, just wanted to understand when we speak about spending 1L+ in a month, how exactly the month is taken into consideration.
Eg: If my card is approved today ie 9th April, so for milestone benefits will it be 9th April - 9th May or is it calendar month like 9th Apr-30th Apr & then 1st May - 31st May so on?
Or is it statement date to next statement date?
Also, I read somewhere that first month is not considered for milestone benefits? Is it true?

Also, the Edge points conversion to miles, is the miles fully redeemable or is there a cap? Though there shouldn't be but just want to get it confirmed :)
TIA

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

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

Benevolent Benevolent
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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)😉.

Critic Critic
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Well Axis Bank has to release their annual financial statement by this month's end so may depend on that.
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Deal Subedar Deal Subedar
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Great! Thanks everyone! smile

Deal Subedar Deal Subedar
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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

Deal Cadet Deal Cadet
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Do we actually get exact points when purchasing vouchers from gyftr/edgerewards. I purchased myntra voucher have to wait for 120 days for bonus points to credit.

Want to make more purchases but want to be sure if we will receive it or not.

Thanks

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