Rent & Wallet payment excluded from Magnus Milestone & Annual Fee Reversal

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Deal Subedar
Vikash_K

Magnus

A huge setback for Axis Magnus Users.

Insurance payment will still be counted for milestone benefits but no edge rewards as per document below:

https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/revision-of-axis-bank-credit-card-terms-and-conditions.pdf

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23 Comments  |  
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Deal Cadet Deal Cadet
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Khela khatam

Deal Subedar Deal Subedar
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DimeDime wrote:

Khela khatam

Khela to ab hove 😁

The PostMighty The PostMighty
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Was expected such move from Axis but it came too soon atleast should have lasted till June but OK moving on

Critic Critic
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Drdrake wrote:

Was expected such move from Axis but it came too soon atleast should have lasted till June but OK moving on

You better start practicing marathon run then because sooner or later this is going to happen to all credit cards smile

@demerius2020

Helpful Helpful
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Expected. Is the reason I did not re-apply as didn't want to close Ace or FK..

Hunk Hunk
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guest_999 wrote:

You better start practicing marathon run then because sooner or later this is going to happen to all credit cards smile

@demerius2020

Next in line is SBI Cashback Card🗡️

Deal Captain Deal Captain
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shutapdiya wrote:

Next in line is SBI Cashback Card🗡️

Sbi is already  charging 99₹ per rental transactions with no benefit no reward, only 5% upto 10k cb for shopping is making it best amongst all other cc

Hunk Hunk
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bankipad wrote:

Sbi is already  charging 99₹ per rental transactions with no benefit no reward, only 5% upto 10k cb for shopping is making it best amongst all other cc

That 5% upto 10k is being exploited alot and i think it will be fixed soon
Deal Cadet Deal Cadet
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For magnus Is txns done on snapay and bharatnxt comes under rent category?

Deal Captain Deal Captain
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shutapdiya wrote:
That 5% upto 10k is being exploited alot and i think it will be fixed soon
They have already closed almost all loopholes except fews which are right now not in the public domain and even now no direct benefit of 10% discount on any sales, there are already so many restrictions that have been placed, so i do not think sbi which has deep pockets will go to that extent to  kill sbi cashback card
Generous Generous
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Now only reason to take ace is 2% other transactions abd iffline.... 

Spearhead Spearhead
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shutapdiya wrote:
That 5% upto 10k is being exploited alot and i think it will be fixed soon

Apart from purchasing gv i don't think so

Commentator Commentator
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idfc ne bhe kuch nhi dia tha mjhe insurance payment par, bada dil dukhta hai, amount was 46000

Deal Subedar Deal Subedar
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Drdrake wrote:

Was expected such move from Axis but it came too soon atleast should have lasted till June but OK moving on

This is actually much better. I was expecting removal of monthly milestone. So, now I feel it will last longer.

The PostMighty The PostMighty
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Knight11 wrote:

This is actually much better. I was expecting removal of monthly milestone. So, now I feel it will last longer.

That will be too soon. Infina dominated for a decade they have to atleast keep that milestone benefits for a year or two..plus I think it will reducing milestone benefits they won't directly remove that completely 
Generous Generous
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monu.tanwar123262 wrote:

idfc ne bhe kuch nhi dia tha mjhe insurance payment par, bada dil dukhta hai, amount was 46000

You should have paid insurance premium thru a third party portal with IDFC card. I got 10x rewards on NPS payment. Merchant category is important they don't manually screen transactions.

Commentator Commentator
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aam_aadmi wrote:

You should have paid insurance premium thru a third party portal with IDFC card. I got 10x rewards on NPS payment. Merchant category is important they don't manually screen transactions.

actually star health was no where except mobikwik, where they were charging extra
Deal Cadet Deal Cadet
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nandu.0076 wrote:

For magnus Is txns done on snapay and bharatnxt comes under rent category?

Important question..

Anyone ?

Hunk Hunk
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bankipad wrote:
They have already closed almost all loopholes except fews which are right now not in the public domain and even now no direct benefit of 10% discount on any sales, there are already so many restrictions that have been placed, so i do not think sbi which has deep pockets will go to that extent to  kill sbi cashback card

Lets see till when it lasts...

Should I DM for "NOT IN PUBLIC DOMAIN LOOPHOLE" grin grin

Deal Subedar Deal Subedar
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aam_aadmi wrote:

You should have paid insurance premium thru a third party portal with IDFC card. I got 10x rewards on NPS payment. Merchant category is important they don't manually screen transactions.

Any website/app that counts insurance payment under different merchant category other than insurance ?
Generous Generous
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sri222 wrote:
Any website/app that counts insurance payment under different merchant category other than insurance ?

On Amazon insurance will come in it's bill payment merchant category code. You can buy Amazon gift cards from anywhere with your credit card and add to Amazon Balance and pay insurance premium from that balance https://www.justdial.com/online-bill-payment/in...

Cool Cool
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shutapdiya wrote:

Next in line is SBI Cashback Card🗡️

Wohi bacha hai.
Zor zor se bata do usko bhi sad
Hunk Hunk
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raman12 wrote:
Wohi bacha hai.
Zor zor se bata do usko bhi sad
Are Bhai ye to already sabko pata hai aur sab jante hai jldi hi ye murgi bhi kategi
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