Update Date: 9th June, 2023 - 05:35 AM IST
(Added: Foreign Currency Transaction Fees + GST Exclusion)
Not able to update post header.
REGULAR ER POINTS
MONTHLY MILESTONE - 25K ER Points on spend of 1 Lakh in the calendar month
ANNUAL MILESTONE - Rs. 10000 + GST Fee Waiver on spend of Rs. 15 Lakhs and above as per the card preceding anniversary year
GYFTR EDGE LIMITATION
Important TnC Links
1. https://www.axisbank.com/retail/car.../terms-and-conditions/important-announcements
2. https://www.axisbank.com/docs/default-source/default-document-library/mitc-credit-cards.pdf
3. https://edgerewards.axisbank.co.in/lms/terms-conditions
4. https://www.axisbank.com/docs/defau...xis-bank-credit-card-terms-and-conditions.pdf
5. https://www.technofino.in/community/threads/axis-magnus-important-tnc-links.2659/
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I am compiling a list of exclusions in a single thread that apply on Axis Magnus card as these are scattered around in multiple threads on the forum.
I'll keep updating this list. You guys are also welcomed to let me know about any addition or subtraction from this list.
(Added: Foreign Currency Transaction Fees + GST Exclusion)
Not able to update post header.
REGULAR ER POINTS
| Sr. No. | Type | MCC | Limitations | Source |
| 1 | Direct Wallet Loads | 6540 | https://edgerewards.axisbank.co.in/lms/terms-conditions SCHEDULE A | |
| 2 | Rent | 6513 | Max 3000 ER Points per month | https://edgerewards.axisbank.co.in/lms/terms-conditions SCHEDULE A |
| 3 | EMI transactions | NA | https://edgerewards.axisbank.co.in/lms/terms-conditions SCHEDULE A | |
| 4 | Joining/Renewal Fee + GST | NA | NA | |
| 5 | Fuel | 5541, 5542, 5983 | Min spend of Rs. 4001 per transaction | TechnoFino Forums : User Tested |
| 6 | Insurance | 6300, 6381, 5960, 6012, 6051 | Max 6000 ER Points per transaction | https://edgerewards.axisbank.co.in/lms/terms-conditions SCHEDULE A |
| 7 | GrabDeals | NA | Max 10000 ER Points per month | https://grabdeals.axisbank.com/home |
| 8 | Foreign Currency Transaction Fees + GST | NA | NA | |
| 9 | Any transaction below Rs. 200 | NA | NA |
MONTHLY MILESTONE - 25K ER Points on spend of 1 Lakh in the calendar month
| Sr. No. | Type | MCC | Source |
| 1 | Direct Wallet Loads | 6540 | https://www.axisbank.com/docs/defau...it-card-terms-and-conditions-for-affluent.pdf |
| 2 | Rent | 6513 | https://www.axisbank.com/docs/defau...it-card-terms-and-conditions-for-affluent.pdf |
| 3 | Joining/Renewal Fee + GST | NA | NA |
| 4 | Foreign Currency Transaction Fees + GST | NA | NA |
ANNUAL MILESTONE - Rs. 10000 + GST Fee Waiver on spend of Rs. 15 Lakhs and above as per the card preceding anniversary year
| Sr. No. | Type | MCC | Source |
| 1 | Direct Wallet Loads | 6540 | https://www.axisbank.com/docs/defau...it-card-terms-and-conditions-for-affluent.pdf |
| 2 | Rent | 6513 | https://www.axisbank.com/docs/defau...it-card-terms-and-conditions-for-affluent.pdf |
| 3 | Joining/Renewal Fee + GST | NA | NA |
| 4 | Foreign Currency Transaction Fees + GST | NA | NA |
GYFTR EDGE LIMITATION
- A customer (registered mobile number) can buy a maximum of Rs. 10,000 worth of Amazon Pay Gift Cards in a calendar month.
- A customer (registered mobile number) can buy a maximum of Rs. 50,000 worth of Amazon Shopping Vouchers in a calendar month.
- A customer (registered mobile number) can buy a maximum of Rs. 10,000 worth of Flipkart Gift Cards in a calendar month.
- A customer (registered mobile number) can buy a maximum of Rs. 20,000 worth of TATA CLiQ Gift Vouchers in a calendar month.
- A customer (registered mobile number) can buy a maximum of Rs. 2,50,000 worth of Gift Vouchers in a calendar month.
- Indirect Wallet Loads (e.g. loading money in Paytm wallet via Uber at 0% charge) aren't categorised under MCC code of 6540 most of the times and are counted towards Regular ER Points, monthly milestone and annual milestone.
- Rent Payments made through RedGiraffe and PayZapp 2.0 combo are categorised as insurance spends and thus can be counted in monthly milestone and annual milestone.
- Advance payments done on EMIs like Education Loan, Car Loan, etc. are not considered as EMI Transactions. EMI Transactions are specifically those transactions which have been made on card and converted into EMI.
- Fuel Transactions between Rs. 400 and Rs. 4000 are awarded a fuel surcharge waiver of 1% and thus are not awarded Regular ER Points. So to gain Regular ER Points, do a transaction of at-least Rs. 4001.
Important TnC Links
1. https://www.axisbank.com/retail/car.../terms-and-conditions/important-announcements
2. https://www.axisbank.com/docs/default-source/default-document-library/mitc-credit-cards.pdf
3. https://edgerewards.axisbank.co.in/lms/terms-conditions
4. https://www.axisbank.com/docs/defau...xis-bank-credit-card-terms-and-conditions.pdf
5. https://www.technofino.in/community/threads/axis-magnus-important-tnc-links.2659/
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---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
I am compiling a list of exclusions in a single thread that apply on Axis Magnus card as these are scattered around in multiple threads on the forum.
I'll keep updating this list. You guys are also welcomed to let me know about any addition or subtraction from this list.
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