Axis Magnus - Marks & spencer 45x

[sandeep.analytics]

Hi,
Does anyone availed 45x offer on Marks and Spencer.This means that if we shop for approx 3800 , we will recieve 10k points which is equivalent to Rs 2000.

Earlier i have seen that 30x was offerred on jockey which is also now reduced to 20x.

 

[vysakh]

I wear saste wala abibas

With 96% returns, you're looking at 4% of the cost for jockey. Even if it costs 500, your effective cost is just 20 rupees, which should be cheaper than abibas.

 

[ladhapiyush]

It seems they have taken off M&S from grab deals.

 

[004archit]

Y

It seems they have taken off M&S from grab deals.

Yes

 

[Sree]

10000 points per month limit is for all the offers in grab deals combined or just for this particular M&S offer?

For all offers combined on grab deals platform

 

[oksomu]

M&S offer is back but with 40X reward points

GRAB DEALS

grabdeals.axisbank.com

 

[Venky]

How long after we know that it has successfully captured the transaction through grabdeals for 40x points?

 

[TheMentalist]

M&S offer is back but with 40X reward points

GRAB DEALS

grabdeals.axisbank.com

So what purchase amount is required now for Magnus holder?

 

[RajBlr]

So what purchase amount is required now for Magnus holder?

Rs. 4200

= (4200/200)x12x40times = 10,080

 

[NikunjP]

Jockey is pretty useful. 96% returns on underwears is still a sweet deal.

How do you calculate 96℅ ?

 

[RajBlr]

How do you calculate 96℅ ?

Jockey grabdeals offer is @20x

So let's take 1k spent and do the math

Magnus
(1000/200)*12 *20times=1200 ER
Miles/Hotel = 1200*0.8=960 (So on Rs1000 spent you get back 960) - 96% return back

Reserve Card
(1000/200)*15 *20times=1500 ER
Miles/Hotel = 1500*0.8=1200 (So on Rs1000 spent you get back 1200) - 120% return back


So happily you can replace any of your inner wardrobes from Jockey 🤣 with these enablers from AXIS

 

[anirban.choudhury]

Jockey grabdeals offer is @20x

So let's take 1k spent and do the math

Magnus
(1000/200)*12 *20times=1200 ER
Miles/Hotel = 1200*0.8=960 (So on Rs1000 spent you get back 960) - 96% return back

Reserve Card
(1000/200)*15 *20times=1500 ER
Miles/Hotel = 1500*0.8=1200 (So on Rs1000 spent you get back 1200) - 120% return back


So happily you can replace any of your inner wardrobes from Jockey 🤣 with these enablers from AXIS

But you can't value 1 Miles = 1 Rs , it hardly gives more than 0.50 in practical

 

[R!ppEr]

But you can't value 1 Miles = 1 Rs , it hardly gives more than 0.50 in practical

For domestic flights it's close to 1re most of the times...i just booked a Mum-Del return for 2 for 20k cv points. Cheapest flights for same times and date was a little over 17.5k and this was other airlines so no free food too and seats cost seperately(window n aisle)

 

[anirban.choudhury]

For domestic flights it's close to 1re most of the times...i just booked a Mum-Del return for 2 for 20k cv points. Cheapest flights for same times and date was a little over 17.5k and this was other airlines so no free food too and seats cost seperately(window n aisle)

Ok but for Vistara domestic isn’t Vistara infinite a better card ?

 

[ARV]

Ok but for Vistara domestic isn’t Vistara infinite a better card ?

Vistara infinite is good for gold status and for spends more than 1L on magnus but even if you take regular spends Magnus will give more CV points after conversion but i agree on your point for international economy flights you get ~.50 per mile but value becomes more for business class tickets. Below is the calculation for base rewards
Vistara infinite : 6CV per 200
Magnus : 12ER per 200 =12/5*4 = 9.6 CV
This is without the 1L milestone on Magnus

 

[Yaswanth]

How do we come to know that 40X rewards are applied as i haven't got any confirmation message post payment from card

 

[anotheruser]

How do we come to know that 40X rewards are applied as i haven't got any confirmation message post payment from card

You should get within 2-3 days.if not, call axis and verify so that you can cancel and place again.
Happened with me. Did not get sms. Called customer service. They told it has been captured but you havent received sms due to some tech issue. They told that will trigger again.
Received sms in 2 day

 

[anish_]

But you can't value 1 Miles = 1 Rs , it hardly gives more than 0.50 in practical

Just depends on how creatively you can use them. A return BOM-JFK flight on United in economy costs 93.6k miles vs INR 150k cash and business costs 187k United miles while cash is priced at an average of INR 300-350k

 

[gabu]

Try India-canada flight even domestic, you'll wasily get more than Re.1 value.

 

[anirban.choudhury]

Just depends on how creatively you can use them. A return BOM-JFK flight on United in economy costs 93.6k miles vs INR 150k cash and business costs 187k United miles while cash is priced at an average of INR 300-350k

Ok
But practically I have never been able to get more than 0.5 on international travel, may be because my trips are planned at max 30 to 45 days in advance

 

[gurbina]

With the most brainless redemptions on economy you'd usually get give or take ~1 INR per point.

But people here are comparing apples to oranges, usually comparing flights with different routing/flights or even on completely different airlines.

India is also a fairly price sensitive market, flights are as cheap as they can get considering the fuel prices here compared to foreign airlines where their fuel might be a lot cheaper like middle east based airlines.

For Vistara in Economy you can usually get around 0.8-1.2 INR value easily almost on any date for most of their flights within the following 60 days.


Also from time to time there is award redemptions promotions where they discount flights by 20-30%, also transfer promotions which can go up to 100% extra miles isn't uncommon once or twice a year.