Hi,
I have 2000 Idfc debit card reward points. When I am trying to redeem that, even for 50 Rs Swiggy voucher , The system is taking only 26 points and telling me to pay 43.5 Rs.
Is this expected behaviour? If this is normal, I see IDFC rewards will compete with cred for least usefull points...
Happens many times for many, many months. Try doing transactions around 50-54k. 1st one will fail, and you will get a call. Try the next day. It should work fine.
Yes, but how to do that? I opened a ticket 2 weeks back for the exact ask, but the reply from the peanut brain size axis backend team keeps saying that 'edge points are already allocated,' which is not my question. Very sad situation.
Though this is true in theory, despite doing transactions on the Magnus card, I am getting points as Edge points, and the Magnus burgundy count is constant.
I have got burgundy Magnus card and earned 80k points via various spends with that card.
Unfortunately, for some bizarre reason the axis added most of the points to the edge reward category and added 288 points to Burgundy Magnus points.
When I try to transfer any points, Travel Edge says I...
The amount was utility + subscriptions + education fees + insurance payments etc. Go via Amazon Pay and other route. Used Cred till 50k, which also will be eligible. Instead of spending 1 lakh each month, which was the norm for the old Magnus, with the new Magnus, you can pay 6 lakh twice a...
I paid advance bills for most of the expenses coming in the next few months. I spent all the 7 lakh using the new burgundy Magnus Mastercard. Still, points are in the normal bucket.
I received the points for Aug mile stone and 7 lakh spent in the standard bucket. Somehow I have around 2k points in the Magnus bucket. Now If I try to do a transfer it shows that I can transfer only 2k points. Don't understand what is going on.
I spent more than 7+ lakh in a month on a new burgundy Magnus card. The reward rate is now max around 14.8% which is way lower than what we used to get. :-(
1+Cr Demat holding, even with the transfer, should do the trick, but I don't know if they will immediately grant magnus. If you are holding shares long-term, it is better to park with the Axis Demat account. There are no yearly maintenance charges for the burgundy demat holder, but they have...
Got add-on cards, also see 5:4 transfer ratio. I got what I was looking for from axis. Still miss 25k monthly milestone. But found a way to get a good returns on magnus by combining six monthly expenses in a single month to get 3X points. Overall 20% returns if you use point for economic travel...