Axis Magnus 10x edge points gift card capping

[Vikas09]

Hi is there any capping of 5x-10x rewards points (per month) through gift card purchases on Gift edge site, same like hdfc infinia/dcb(15000/7500)
@TechnoFino @Subhankar @Tejas
@Bigde @vaibhav111 @Gkcards
@hashiro7 @thementalist

 

[Harry1]

Recently some people pointed at below grab deals link, where it says 10K points per month.

GRAB DEALS

grabdeals.axisbank.com

But I think it's just copy paste thing. As Gyftr has been there from much before and should not have any limits ideally.

 

[vysakh]

The 10k edge points per month is just for Grabdeals.

TravelEdge is a whole different thing.

 

[Vikas09]

Thanks for quick reply but I am still confused about gift edge program, let’s assume if I purchased gift card of worth 2lakh with 10x rewards rate(with Magnus card) in a calendar month so is that mean I will receive 12000x10=120000 points.( I am not including flipkart n Amazon gift cards in-this as they are available only for max 10k purchase per month cap).
Can anyone help 😅

 

[Harry1]

Thanks for quick reply but I am still confused about gift edge program, let’s assume if I purchased gift card of worth 2lakh with 10x rewards rate(with Magnus card) in a calendar month so is that mean I will receive 12000x10=120000 points.( I am not including flipkart n Amazon gift cards in-this as they are available only for max 10k purchase per month cap).
Can anyone help 😅

Q. When will my Bonus Points credited to my account?

A. Your EDGE REWARD Points will be credited to your account within 120 days from the transaction date.

Q. Is there any capping to the Bonus Points that I earn?

A. No, there is no capping to any EDGE REWARD Points that you earn. You either get 10X or 5X EDGE REWARD Points depending upon the brand you chose.

Q. What Bonus Points will I be earning on each brand?

A. 10X EDGE REWARD Points can be earned on 100+ Brands with zero capping. 5X EDGE REWARD Points can be earned on multiple Brands such as Flipkart, Croma, Mobile Recharge, Big Bazaar, More, Spencer's Retail, Uber, Ola, Grofers etc. with zero capping.

Source - https://www.gyftr.com/edgerewards/faqs

 

[SiddharthR]

What is reward rate for Amazon GC purchase on Axis Gift Edge site?

 

[Vikas09]

Q. When will my Bonus Points credited to my account?

A. Your EDGE REWARD Points will be credited to your account within 120 days from the transaction date.

Q. Is there any capping to the Bonus Points that I earn?

A. No, there is no capping to any EDGE REWARD Points that you earn. You either get 10X or 5X EDGE REWARD Points depending upon the brand you chose.

Q. What Bonus Points will I be earning on each brand?

A. 10X EDGE REWARD Points can be earned on 100+ Brands with zero capping. 5X EDGE REWARD Points can be earned on multiple Brands such as Flipkart, Croma, Mobile Recharge, Big Bazaar, More, Spencer's Retail, Uber, Ola, Grofers etc. with zero capping.

Source - https://www.gyftr.com/edgerewards/faqs

Thanks much appreciated

 

[Vikas09]

What is reward rate for Amazon GC purchase on Axis Gift Edge site?

on amazon it’s 3x and on Flipkart it’s 5x but I think there is capping for both gift cards (max 10k purchase) in a calendar month

 

[Harry1]

One thing you should be keep in mind that, there is capping on EDGE reward points on per transactions. i.e 6000 EDGE rewards points per trxns.
So for
-- Magnus -- Gift Edge per trxns
3X - @1000RS - 180 ERP-- Max buy -- 33,000
5X - @1000RS - 300 ERP-- Max buy -- 20,000
10X - @1000RS - 600 ERP-- Max buy -- 10,000

I think that is for insurance transactions only.

 

[amit]

I think that is for insurance transactions only.

This is for Axis Gyft Edge site, do trxns in slab of given above for max benefit.

 

[Harry1]

This is for Axis Gyft Edge site, do trxns in slab of given above for max benefit.

Source?

 

[Darshanc14]

Source?

Interested to know this as well. I had emailed premium.experience@axisbank.com and they repeatedly mentioned no capping on Gift Edge portal

 

[aditya001]

There is capping of 10k for flipkart and amazon per month 10k

 

[Harry1]

There is capping of 10k for flipkart and amazon per month 10k

Actually sometimes Gyftr allows buying 20k vouchers also (mostly some glitch). I bought once in February in gap of 2 days. Got 5x points for both transactions.

Happened same yesterday also. Will mostly get bonus points also for both like last time.

 

[aditya001]

Actually sometimes Gyftr allows buying 20k vouchers also (mostly some glitch). I bought once in February in gap of 2 days. Got 5x points for both transactions.

Happened same yesterday also. Will mostly get bonus points also for both like last time.

Can you clarify something bro, it says bonus 5x so does that means we will get total of 5x rewards or additional 5x rewards other than base rewards?

 

[Harry1]

Can you clarify something bro, it says bonus 5x so does that means we will get total of 5x rewards or additional 5x rewards other than base rewards?

1x is credited normally after a week and 4x/9x is credited after 30-120 days (varies a lot).

This is different from grab deals.

In grab deals u get 1x normally after a week on full transaction amount. And again whole 5x/10x/20x/30x after 90-120 days. But these bonus points are calculated only on amount remaining after excluding taxes.

 

[aditya001]

O

1x is credited normally after a week and 4x/9x is credited after 30-120 days (varies a lot).

This is different from grab deals.

In grab deals u get 1x normally after a week on full transaction amount. And again whole 5x/10x/20x/30x after 90-120 days. But these bonus points are calculated only on amount remaining after excluding taxes.

Oh ok.. what do you mean by excluding taxes?

 

[Harry1]

O

Oh ok.. what do you mean by excluding taxes?

In grab deals, u buy goods from Amazon/Flipkart/chromo/Myntra etc. You pay taxes on them as well. That is excluded while calculating bonus points in grab deals.

 

[aditya001]

In grab deals, u buy goods from Amazon/Flipkart/chromo/Myntra etc. You pay taxes on them as well. That is excluded while calculating bonus points in grab deals.

Oh.. Thanks you for confirming..

 

[Vikas09]

One thing you should be keep in mind that, there is capping on EDGE reward points on per transactions. i.e 6000 EDGE rewards points per trxns.
So for
-- Magnus -- Gift Edge per trxns
3X - @1000RS - 180 ERP-- Max buy -- 33,000
5X - @1000RS - 300 ERP-- Max buy -- 20,000
10X - @1000RS - 600 ERP-- Max buy -- 10,000

Can you tell me from where you get this info because there is no mention of this on gift edge tnc