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Axis Magnus My experience with Magnus to Magnus for Burgundy upgrade

bombayduckling

TF Select
VIP Lounge
Warning: this could be very long! Main purpose is to highlight the shoddy systems of Axis where the right hand doesn’t know what the left hand is doing and nobody has any clue about what is happening.
So I have been a Burgundy account holder with Axis Bank for a few years and was of course happy when they emailed me saying that my Magnus Card would be upgraded to LTF Magnus for Burgundy. And so I went and spent 1 lakh in August thinking I would be able to redeem Edge points in 5:4 ratio. My hopes were dashed when shortly afterward, that notorious T&C pdf started floating around wherein they specified the difference between Burgundy and True Burgundy.
I didn’t meet any of the criteria.
However, my BM spoke to someone from the credit card team and they said that basis your substantial demat holdings, you should qualify. Now as you know, there is no mention of demat holdings in the True Burgundy definition. Anyway, I was told to email a copy of my one-glance statement to premium.experience and assured they would do the needful. Which I did on 12 Oct 2023.
Lots of back and forth followed (including cc to BM). This email of mine dated 18 November, on which I cced PNO, summarises my emails.
Pasting the text below:

Dear Premium Experience/ PNO team,

Could I please have an update on this ongoing Magnus upgrade to Magnus for Burgundy issue?

My first interaction on this issue was way back on 12 October.

In your reply, you wrote,
“The request raised with the reference number 231012172979 has now been resolved….
I would like to inform you that we are in need of an additional consent for to be filled from your end for the upgrade to be processed….
Requesting your consent to upgrade your existing Magnus Credit Card to Magnus Burgundy Credit Card.”

I was quite surprised and pleased at the quick resolution and immediately gave my consent.

On October 22, in interaction reference no.
231022652671, you said that “we have initiated an internal communication for credit card upgradation and same will be resolved at the earliest possible time.”

On October 30, I asked for an update and again in interaction reference no. 231031054843, I was requested for more time.

Today, more than a month has passed since my first email. Is this what the Burgundy promise is all about?

I would appreciate it if you could please value my time even if you don’t value my relationship and just give me a simple YES or NO answer.

I don’t want more fake assurances and empty Burgundy promises.

I am once again attaching my latest One Glance statement.

I am also CCing this email to pno@axisbank.com although to be honest, in the past, they have not been of much help either.

Regards,
Noel


As usual, I was asked to wait 3 working days. On 22 Nov evening, I get an SMS:
While we are actively working on resolving your SR no. 231118942791 related to feedback on service experience, we regret it may take longer. Request some more time to share an appropriate resolution

I was so angry that I resolved to close all my accounts the very next day. Then about 3 hours later, I get another SMS saying that my Magnus has been upgraded alongwith the last 4 digits of the new card!
The very next morning, I got the Magnus for Burgundy card!
And because this is Axis, I got an SMS that afternoon saying Delivery of your replace Magnus Burgundy Credit Card no. (hidden) attempted on 23-11-23 by BLUEDART was unsuccessful. With a link to request changes.
Anyway, forgave them this small stupidity and was planning to write a thank you email but decided to wait for them to email me regarding their successful resolution.
Well, today, almost a week later, I get an email in which someone from the PNO team sends me this email (screenshot attached). Please let me know what you think of the response and whether you think they even know I have got the upgrade or not!
 

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caabhi

TF Premier
VIP Lounge
I am an axis burgundy customer and also have Magnus burgundy.
My wife has a Magnus card but no bank account in axis. If she opens an axis account and I get her added as a family account, so she will also become burgundy. My question is whether she will be able to upgrade to Magnus burgundy and will it be LTF without any 90 day wait.

Thanks!
For Magnus Burgundy they need criteria to be fulfilled per individual. You can only get her add on card for Magnus Burgundy if you do not wish to maintain criteria for her as well.
 

jab

TF Buzz
They are giving it away to all with 10L AQB for even a month now :D My friend opened an account in Nov mid and he got it upgraded yesterday! All he did was to call CC customer care
Same for me as well. New burgundy account Opened in November, Made AQB (Oct-Nov-Dec) 10L, Applied through RM after the first OGS in December and Magnus for burgundy got approved in a few days.
 
I have a magnus with a 50K worth of ER lying. Now the card is due for renewal in Feb. I will not reach 15L in 2 months. With such a situation I may not renew the card paying the fees. Under this situation I wanted to check on what happens to the edge rewards & what should I do with those.
First options is straightaway transferring at 5:2 ratio now or
Open a burgundy account & get magnus for burgundy - which I believe will not be before Mar-Apr. With my magnus not renewed, can I transfer these points which I have got with magnus can be transferred at 5:4 later after I get burgundy or lower ration applies to already available ER?
 

Lobogris

TF Ace
VIP Lounge
Burgundy Magnus is LTF by default.
If it is not LTF, it is not Burgundy Magnus, it is just Magnus with a fee of INR 12,500.
The reason for the question was that there was a dealine for it be LTF and you had gotten it recently. Even I would like to get it but I am not sure if they will extend the deadline.
 

PrinceHeart

TF Premier
Contributor
VIP Lounge
I got a Q. This burgundy thingy is for the 5:4 redeem reward correct ? So I gotta make the points 1st.

What is the use of getting a burgundy acc now as a new magnus user ?
 

Quantum

TF Premier
The reason for the question was that there was a dealine for it be LTF and you had gotten it recently. Even I would like to get it but I am not sure if they will extend the deadline.
The period to qualify for Burgundy Magnus eligibility criteria was extended from 30th Nov 2023 to 31st Dec 2023.
And the period to apply for the same was extended to 31st Jan 2024.

There is no official communication from Axis as of writing of this post, about whether they would extend the above two dates any further.
 
I was maintaining AQB for burgundy , got my card upgraded in 2 days from when they started this upgrade process.

But these idiots have a shitty process of do anything, even after maintaining everything, my points of Mangus are getting credited as Edge rewards rather than magnus burgundy rewards and I am not able to reddem any of it at 5:4 ratio or any ratio is it Mangus rewards balance shows under 100.
Branch Manager is known to me, He told me he will help me in processing the card i have a month only burgundy account with 50 lac trv
 
Same for me as well. New burgundy account Opened in November, Made AQB (Oct-Nov-Dec) 10L, Applied through RM after the first OGS in December and Magnus for burgundy got approved in a few days.
I opened account In December, Completed 30 lac trv, got OGS on 5th jan, Applied for Magnus today, how long it takes for approval to come
 

mik777

TF Buzz
The period to qualify for Burgundy Magnus eligibility criteria was extended from 30th Nov 2023 to 31st Dec 2023.
And the period to apply for the same was extended to 31st Jan 2024.

There is no official communication from Axis as of writing of this post, about whether they would extend the above two dates any further.
I called up Burgundy support, they confirmed i am eligible for Magnus Burgundy CC basis Oct-Nov-Dec AQB > 10L, however they are saying its chargeable for me 12.5k + GST. Is that true? I read on this forum that its LTF till 31 Jan.

Also, have one more query, i have 80k ER points in my existing Magnus Card, once i upgrade to Magnus Burgundy, can i transfer out these existing 80k points at 5:4 ratio?
 

bing1309

TF Premier
I called up Burgundy support, they confirmed i am eligible for Magnus Burgundy CC basis Oct-Nov-Dec AQB > 10L, however they are saying its chargeable for me 12.5k + GST. Is that true? I read on this forum that its LTF till 31 Jan.

Also, have one more query, i have 80k ER points in my existing Magnus Card, once i upgrade to Magnus Burgundy, can i transfer out these existing 80k points at 5:4 ratio?
call your RM and ask your RM and your RM will process the request and issue the Card
yes you can transfer.
 
I called up Burgundy support, they confirmed i am eligible for Magnus Burgundy CC basis Oct-Nov-Dec AQB > 10L, however they are saying its chargeable for me 12.5k + GST. Is that true? I read on this forum that its LTF till 31 Jan.

Also, have one more query, i have 80k ER points in my existing Magnus Card, once i upgrade to Magnus Burgundy, can i transfer out these existing 80k points at 5:4 ratio?
It's not going to be chargeable till Jan 31
 
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