Axis bank vistara co-branded credit cards joining fees reversal offer 15th Nov to 31st Dec 2022

[TechnoFino]

Hello everyone,
Axis bank is back with it's joining fees reversal offer for its all three vistara co-branded credit cards.
It's a spend based joining fees reversal offer. You have to spend X amount of money within first 90 days of card setup.
For Axis Vistara Credit Card- You have to spend ₹30,000 within 90 days.
Axis Vistara Signature- Spend ₹60,000 within first 90 days.
Axis Vistara Infinite- Spend ₹1,20,000 within 90 first days.

Offer fulfilment date - by 30th May, 2023.
You'll get welcome benefits as per card features.



It's the best time if you were planning to get axis vistara co-branded credit card. Apply early to get extra time for spends.

Here is the terms and conditions of this offer-



Official t&c pdf attached.
Offer link- https://www.airvistara.com/in/en/club-vistara/about-cv/current-offers/axis-fee-waiver

 

[adi]

12L income or 2L other bank card statement (c2c)

for vistara infinite
6L ITR and 1.5L other bank card statement (C2C)
confirmed from my nearby branch.

they said some branches accept 1L other bank card statement also


available limit should be more than 40% and card must be 1 year old.

 

[Marimuthu]

What about upgrade from signature to infinite customer?

 

[demblahblah]

for vistara infinite
6L ITR and 1.5L other bank card statement (C2C)
confirmed from my nearby branch.

they said some branches accept 1L other bank card statement also


available limit should be more than 40% and card must be 1 year old.

I tried applying, 12l income, but infinite didn't even show as an option for some reason. Also, any way to upgrade to infinite from signature during the application process? Had applied on 11th November :/

 

[amit]

Now Vistara also confirmed.

https://www.airvistara.com/content/dam/airvistara/global/english/club-vistara/terms-conditions/Fee%20Waiver%20TnCs.pdf

 

[demblahblah]

I tried applying, 12l income, but infinite didn't even show as an option for some reason. Also, any way to upgrade to infinite from signature during the application process? Had applied on 11th November :/

"Cards booked/approved only during the offer period will be considered."

If one applied before 15th, but gets approved now- will that be fine?

 

[amit]

"Cards booked/approved only during the offer period will be considered."

If one applied before 15th, but gets approved now- will that be fine?

yes.. if u just applied before 15th like, 14 or 13th.. it should be ok. if ur application is pending from long, then might be a problem.

 

[adi]

"Cards booked/approved only during the offer period will be considered."

If one applied before 15th, but gets approved now- will that be fine?

I don't think so
but confirm this with customer support on twitter.
and even if you are not eligible I would suggest you to achieve spend criteria and ask bank to either waive off your fee or cancel the card, they will surely waive.

 

[CMG]

I tried applying, 12l income, but infinite didn't even show as an option for some reason. Also, any way to upgrade to infinite from signature during the application process? Had applied on 11th November :/

Vistara infinite will show up for above 15L income.

 

[CVR]

What's the logic of getting Axis Vistara Infinite if someone already has Magnus?
200 rs on Axis Magnus gets 12 edge rewards which can get 9.6 CV miles
200 rs on Axis Vistara gets 6 CV miles
This is without counting 25k milestone benefit on Magnus
I am assuming getting milestone benefit on both Magnus and Axis Vistara is difficult for most people

 

[Vickymaster1010]

Rent payment included for wavier. ?

 

[amit]

What's the logic of getting Axis Vistara Infinite if someone already has Magnus?
200 rs on Axis Magnus gets 12 edge rewards which can get 9.6 CV miles
200 rs on Axis Vistara gets 6 CV miles
This is without counting 25k milestone benefit on Magnus
I am assuming getting milestone benefit on both Magnus and Axis Vistara is difficult for most people.

Having Magnus means not everybody will spend 1L per month, almost 95% people wont meet that criteria, once in a quarter is achievable. The Vistara card is to diversify the spend if spend criteria is not going to meet in specific month, those who want to fly only on vistara & easy to buy CV tier.

Yes, 99% will not get the Magnus and Vistara benefit in same time.

 

[CVR]

Having Magnus means not everybody will spend 1L per month, almost 95% people wont meet that criteria, once in a quarter is achievable. The Vistara card is to diversify the spend if spend criteria is not going to meet in specific month, those who want to fly only on vistara & easy to buy CV tier.

Yes, 99% will not get the Magnus and Vistara benefit in same time.

But even without 1 lakh spend milestone, CV points (on conversion from edgerewards) earning is better on Magnus over Vistara card.

 

[gurbina]

But even without 1 lakh spend milestone, CV points (on conversion from edgerewards) earning is better on Magnus over Vistara card.

You're comparing apples and oranges.
They're targeted at different groups of people (income and type).
They're not exclusive or inclusive of each other and they can complement each other well.

Vistara needs 6L ITR - obviously for frequent flyers who can fly Vistara. Useless for anyone else. High annual fee but you get a business class ticket which tend to be more than double the annual fee. Those who meets that profile can take lots of advantages out of this card that the Magnus doesn't provide. Also the entry barrier is very attainable for almost anyone.

Magnus needs 18L ITR - without the 1L milestone this card would be nothing special. Reserve and Private credit cards have better earning rates. General purpose card whose points can be redeemed in many ways not just flights. It just happens to have decent transfers rates to these airline/hotel partners for now (introduced new good airline/hotel partners recently if not mistaken and ER were devaluated across the board for existing partners).
Annual fee is pretty high and you get a useless one-way economy class ticket (lots of restrictions, hard to get the value out of it as if lesser than 10k you forfeit the remaning balance and it must be on economy and only from the choices you're given when booking it through the concierge) or a fairly useless 10k tatacliq voucher.

Now I don't believe they can keep the transfer rates to these partners that high or the 1L milestone for the Magnus. It will be devaluated, it's just a matter of time. Either remove Magnus from the HNI card transfer rates, devaluate transfer rates across the board for all HNI cards or remove the 1L milestone.
But those transfer rates paired with the 1L milestone is unseen almost anywhere in the world, and definitely not sustainable.

That's an easy 300k miles on most major airline programs which is insane for the required spends which doesn't even exclude some major spends like rental or insurance.

 

[Infiniti]

You're comparing apples and oranges.
They're targeted at different groups of people (income and type).
They're not exclusive or inclusive of each other and they can complement each other well.

Vistara needs 6L ITR - obviously for frequent flyers who can fly Vistara. Useless for anyone else. High annual fee but you get a business class ticket which tend to be more than double the annual fee. Those who meets that profile can take lots of advantages out of this card that the Magnus doesn't provide. Also the entry barrier is very attainable for almost anyone.

Magnus needs 18L ITR - without the 1L milestone this card would be nothing special. Reserve and Private credit cards have better earning rates. General purpose card whose points can be redeemed in many ways not just flights. It just happens to have decent transfers rates to these airline/hotel partners for now (introduced new good airline/hotel partners recently if not mistaken and ER were devaluated across the board for existing partners).
Annual fee is pretty high and you get a useless one-way economy class ticket (lots of restrictions, hard to get the value out of it as if lesser than 10k you forfeit the remaning balance and it must be on economy and only from the choices you're given when booking it through the concierge) or a fairly useless 10k tatacliq voucher.

Now I don't believe they can keep the transfer rates to these partners that high or the 1L milestone for the Magnus. It will be devaluated, it's just a matter of time. Either remove Magnus from the HNI card transfer rates, devaluate transfer rates across the board for all HNI cards or remove the 1L milestone.
But those transfer rates paired with the 1L milestone is unseen almost anywhere in the world, and definitely not sustainable.

That's an easy 300k miles on most major airline programs which is insane for the required spends which doesn't even exclude some major spends like rental or insurance.

new to Magnus. in light of impending devaluation, what would be the best FFP to park reward points at the current transfer rates? is there any expiry on the FFP miles?

 

[CMG]

new to Magnus. in light of impending devaluation, what would be the best FFP to park reward points at the current transfer rates? is there any expiry on the FFP miles?

2 Club ITC Green Points = 3 Marriott Loyalty program Points
(Minimum redemption value of 2,000 Green points per conversion, up to a maximum of 60,000 Green Points per member per calendar year)

 

[Sudheep]

please note "CARD UPGRADES NOT ELIGIBLE" for the offer. its in t&c. dont take customer care route.

 

[shubham0976]

How about this?

is this really live?? or just last year offer?? I can upgrade to select credit card from customer care.

 

[EINSTEIN]

is this really live?? or just last year offer?? I can upgrade to select credit card from customer care.

Yes it is live till 31 dec.
I also tried to upgrade using customer care but no vistara card option was available. It seems this offer is only for fresh applications not for upgrades.

 

[shubham0976]

Yes it is live till 31 dec.
I also tried to upgrade using customer care but no vistara card option was available. It seems this offer is only for fresh applications not for upgrades.

I am asking about select, magnus credit card offers. not about vistara. they are not giving co branded cards via call.

 

[CMG]

is this really live?? or just last year offer?? I can upgrade to select credit card from customer care.

Only vistara cards are available.