Sorry, I am not an expert in rotations, so I can't comment on this.
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Axis Magnus Master List of Exclusions | Guide | Update Date: 9th June, 2023 - 5:30 AM IST
- Thread starter James2307mr
- Start date
I think, something is not right in the master exclusion list.
-EMI Transaction. For an example,
EMI transactions are marked as no ER points as per schedule A. However, I got points for same. May be they meant, any transaction converted into EMI directly on Axis website or app post payment to merchant, is not counted.
Source: Brought a stuff from Draveys.com, converted into EMI on their page before paying it. That amount was credited to my statement. I got ER points on same. [rs 28665.82 = 1716 ER and rs 34665.82 =2076 ER]
-Foreign Transaction:
Can anyone confirm if it is really not counted? Is there any official source? What is purpose of using this card while travelling outside India?
-EMI Transaction. For an example,
EMI transactions are marked as no ER points as per schedule A. However, I got points for same. May be they meant, any transaction converted into EMI directly on Axis website or app post payment to merchant, is not counted.
Source: Brought a stuff from Draveys.com, converted into EMI on their page before paying it. That amount was credited to my statement. I got ER points on same. [rs 28665.82 = 1716 ER and rs 34665.82 =2076 ER]
-Foreign Transaction:
Can anyone confirm if it is really not counted? Is there any official source? What is purpose of using this card while travelling outside India?
i wanted to know if my home loan emi for which i would use magnus and a third party app like no broker to pay rent will it be yielding me reward points?
where do you get this info?
I just confirmed with Axis Credit team, they mentioned foreign transaction is counted towards ER points and milestone program. Not sure if list of master exclusion is correct.
I also checked about EMI transaction points. They perplexed to see points added to my account. It is true that no points added for EMI transactions. they mentioned that it will be auto removed.
@neo.puneet, check master exclusion list in below thread.
www.technofino.in
I also checked about EMI transaction points. They perplexed to see points added to my account. It is true that no points added for EMI transactions. they mentioned that it will be auto removed.
@neo.puneet, check master exclusion list in below thread.
Axis Magnus Master List of Exclusions | Guide | Update Date: 9th June, 2023 - 5:30 AM IST
Update Date: 9th June, 2023 - 05:35 AM IST (Added: Foreign Currency Transaction Fees + GST Exclusion) Not able to update post header. REGULAR ER POINTS Sr. No. Type MCC Limitations Source 1 Direct Wallet Loads 6540 https://edgerewards.axisbank.co.in/lms/terms-conditions SCHEDULE A 2...
www.technofino.in
You have misunderstood foreign transactions with Foreign Currency Transaction Fees + GST.. For the monthly and annual milestones only the 2% Foreign Currency Transaction Fees + GST wont be counted. Amount spent abroad online or offline both will be counted. The exclusion list mentions only the fx fees will be excluded not the actual amount spent.I just confirmed with Axis Credit team, they mentioned foreign transaction is counted towards ER points and milestone program. Not sure if list of master exclusion is correct.
I also checked about EMI transaction points. They perplexed to see points added to my account. It is true that no points added for EMI transactions. they mentioned that it will be auto removed.
@neo.puneet, check master exclusion list in below thread.
Axis Magnus Master List of Exclusions | Guide | Update Date: 9th June, 2023 - 5:30 AM IST
Update Date: 9th June, 2023 - 05:35 AM IST (Added: Foreign Currency Transaction Fees + GST Exclusion) Not able to update post header. REGULAR ER POINTS Sr. No. Type MCC Limitations Source 1 Direct Wallet Loads 6540 https://edgerewards.axisbank.co.in/lms/terms-conditions SCHEDULE A 2...
Last edited:
Aniruddha
TF Neo
I am getting regular ER on wallet loads.
Which wallet bro? Magnus or reserve card as someone reported reserve is giving on wallet loads also
oh i see. my bad! thanks for clarifying.
Yes!
Deleted post
swipesmart
TF Buzz
Thanks for detailed explanation. But I still have followup questions :
1. I can purchase gift voucher from GYFTR and get 5x reward point : https://www.gyftr.com/edgerewards/amazon-shopping-voucher-gift-vouchers
or I can purchase gift card which is same as gift voucher I guess from Grabdeal : https://grabdealsaxisbank-amz.wooho...abDeals&affiliateParm1=gd_b85cbcf5dbc4427d923 but here I don't see any discount, so in this case it's better to buy from gyftr portal itself right?
2. There are three four things :
Shopping Voucher (5x via GYFTR, 2% instant discount from grabdeal)
Gift Card (3x via GYFTR, this can be used for anything right? even for making payment for scan and pay QR code? )
Gift Voucher ( this is same as shopping voucher right? )
Shop directly from grabdeal to Amazon and enjoy 2% discount.
It's so confusing
so these amounts were first debited on your Magnus, and later refunded back or are these the EMI amounts??
@James2307mr Maybe also add All Transactions below 200rs in exclusion list for Regular ER
Sure will do.
first debited, then credited same amount and then it was converted into EMI after receiving EMI letter mail.
Warlock27
TF Select
I did this trick at the start of the month (1st week of June) for amount upto 4k, it was categorised under travel spends by axis. I'm not sure of any recent changes.
It is a hit and a miss. I did it two times this month. One was categorised as Travel spends and another was categorised as Cash withdrawal.
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