This one transaction can get you a reward rate of 170 - 210%!

[MilesMax]

Note: This calculation is only for one transaction and the same value cannot be extracted for more money as we reach the Grab deals max cap.

Open GrabDeals and look for Marks & Spencers, and select 45x Edge reward points.



For Magnus:
Shop for Rs. 3600
You get 3600 / 200 * 12 * 45 = 9720 Edge points (After 120 days)
Convert to CV points at 5:4 = 7776 CV points

For Axis Reserve:
Shop for Rs. 2800
You get 2800 / 200 * 15 * 45 = 9450 points (After 120 days)
Convert to CV points at 5:4 = 7560 CV points

The cap for GrabDeals is 10,000 points per month so we almost reached the cap.

Let's use these 7500 points to redeem a flight between BLR-DEL.



The Tax amount would be around: Rs. 527

For the same flight on MMT it would cost around 6-7k depending on the time.



Coming back to the calculation

For Magnus:
total spent = 3600 + 527 tax = 4127

The value extracted based on the amount of money spent
= 7000 / 4127 * 100 = 170% 😱

For Reserve:
total spent = 2800 + 527 tax = 3327

The value extracted based on the amount of money spent
= 7000 / 3327 * 100 = 210% 😱

You might get more or less value depending on the flight price you are looking for. This example is used just for calculation purposes.

For buying a Jacket I am getting a free flight! Not a bad deal

 

[Shubham Yadav]

Excellent Bro

 

[Sharjeelshaikh]

Point is do u really need that jacket.one needs to sort out what u want and what u need

 

[Rahul92]

Point is do u really need that jacket.one needs to sort out what u want and what u need

Point is , it's a jacket , not Jaguar !

The benefits are insane for spends such common and minimal !

 

[anirban.choudhury]

Point is do u really need that jacket.one needs to sort out what u want and what u need

The point is not about the jacket , but If someone does have a genuine flight that he has planned to take , rather booking directly from MMT , if he has a Magnus card he can simple get the airmiles required . But the planned trip has to be atleast 4 months in advance as axis gives the ER from grabdeals in and about 90 to 120 days

 

[MilesMax]

Point is do u really need that jacket.one needs to sort out what u want and what u need

Here is another point of view for you.
Assume you have a flight 4 months from now.
Instead of paying 7k for the flight, you are paying around 4k.

You are effectively getting 40% off on the flight and free Marks & Spenser clothing worth 3.6k of your choice. Still a bad deal huh?

 

[Shadab_1]

Note: This calculation is only for one transaction and the same value cannot be extracted for more money as we reach the Grab deals max cap.

Open GrabDeals and look for Marks & Spencers, and select 45x Edge reward points.



For Magnus:
Shop for Rs. 3600
You get 3600 / 200 * 12 * 45 = 9720 Edge points (After 120 days)
Convert to CV points at 5:4 = 7776 CV points

For Axis Reserve:
Shop for Rs. 2800
You get 2800 / 200 * 15 * 45 = 9450 points (After 120 days)
Convert to CV points at 5:4 = 7560 CV points

The cap for GrabDeals is 10,000 points per month so we almost reached the cap.

Let's use these 7500 points to redeem a flight between BLR-DEL.



The Tax amount would be around: Rs. 527

For the same flight on MMT it would cost around 6-7k depending on the time.



Coming back to the calculation

For Magnus:
total spent = 3600 + 527 tax = 4127

The value extracted based on the amount of money spent
= 7000 / 4127 * 100 = 170% 😱

For Reserve:
total spent = 2800 + 527 tax = 3327

The value extracted based on the amount of money spent
= 7000 / 3327 * 100 = 210% 😱

You might get more or less value depending on the flight price you are looking for. This example is used just for calculation purposes.

For buying a Jacket I am getting a free flight! Not a bad deal

You mean I can do this 12 months... 1 cloth every month
Shop for Rs. 3600 * 12 = 43,200
You get 43,200/ 200 * 12 * 45 * 12 = 1,16,640 Edge points (After 120 days)
Convert to CV points at 5:4 = 93,312 CV points..
Whats the catch other than 4 month ?

 

[Divya2508]

nice but how to know the transaction is recorded
I have tried grabdeals many a times
But never got any confirmation message

 

[coinhunter]

Note: This calculation is only for one transaction and the same value cannot be extracted for more money as we reach the Grab deals max cap.

Open GrabDeals and look for Marks & Spencers, and select 45x Edge reward points.



For Magnus:
Shop for Rs. 3600
You get 3600 / 200 * 12 * 45 = 9720 Edge points (After 120 days)
Convert to CV points at 5:4 = 7776 CV points

For Axis Reserve:
Shop for Rs. 2800
You get 2800 / 200 * 15 * 45 = 9450 points (After 120 days)
Convert to CV points at 5:4 = 7560 CV points

The cap for GrabDeals is 10,000 points per month so we almost reached the cap.

Let's use these 7500 points to redeem a flight between BLR-DEL.



The Tax amount would be around: Rs. 527

For the same flight on MMT it would cost around 6-7k depending on the time.



Coming back to the calculation

For Magnus:
total spent = 3600 + 527 tax = 4127

The value extracted based on the amount of money spent
= 7000 / 4127 * 100 = 170% 😱

For Reserve:
total spent = 2800 + 527 tax = 3327

The value extracted based on the amount of money spent
= 7000 / 3327 * 100 = 210% 😱

You might get more or less value depending on the flight price you are looking for. This example is used just for calculation purposes.

For buying a Jacket I am getting a free flight! Not a bad deal

This has been running for few months already. I hope it won’t get devalued soon.

 

[MilesMax]

You mean I can do this 12 months... 1 cloth every month
Shop for Rs. 3600 * 12 = 43,200
You get 43,200/ 200 * 12 * 45 * 12 = 1,16,640 Edge points (After 120 days)
Convert to CV points at 5:4 = 93,312 CV points..
Whats the catch other than 4 month ?

Only if this offer would last a year. I don't think it will. 45x is too good to be true offer.

 

[coinhunter]

Only if this offer would last a year. I don't think it will. 45x is too good to be true offer.

Exactly. Hopefully it last at least for few more months.

 

[MilesMax]

Exactly. Hopefully it last at least for few more months.

Are you using it every month?

 

[coinhunter]

Are you using it every month?

Just used last month. Made a purchase around 4k. If the offer still stand on January, I’ll buy the other remaining items on my list.

 

[Crusader4Credit]

The problem is with the transactions getting recorded. I have made two Grab Deals transactions on M&S, followed all the guidelines, but no confirmation SMS on either.

 

[Max]

I am in the same boat - no confirmation SMSes which means need to wait till (if/when) bonus points get credited. The only hope I see is in the last 2 weeks, for a flight txn done on Travel Edge, bonus points were credited within a week - so I'll update this thread if bonus points are credited sooner than 120 days for the M&S spend.

 

[chasni]

This is not gonna last. Jocket is down from 40X to 20X. This will be downgraded as well.

 

[princeagrawal16]

M&S order can't be cancelled, once placed.

 

[coinhunter]

M&S order can't be cancelled, once placed.

But you can return it. I did it once.

 

[coinhunter]

This is not gonna last. Jocket is down from 40X to 20X. This will be downgraded as well.

Yes, true. That's why take advantage of it while it last.

 

[MilesMax]

Has anyone here actually got the additional points for any Grabdeals transaction till now?
In HDFC, the statement shows it as smartbuy spends if I land on a website through smartbuy so I can be sure that it's correctly recorded.
In Axis it shows as Mark & Spenser so I am not even sure at this point.