Axis Magnus: Probability of Accelerated Point Reversal for Myntra Vouchers?

[PointsProfessors]

I’ve been purchasing Myntra vouchers using Axis Magnus and earn accelerated reward points. Recently, I heard a few murmurs about potential reversals of points for certain voucher purchases.

Has anyone here faced reward point reversals specifically for Myntra gift cards?

Would be great to know:

If Myntra voucher purchases are still considered safe

Any recent cases of reversals (month and amount)

Tips to avoid triggering reversal

 

[PointsProfessors]

Hey @m4b @drsel @TechnoFino, tagging you as the Magnus Burgundy specialists 🙏
Would love your help with some insights

 

[m4b]

drsel is THE specialist! I am his intern.

 

[m4b]

I’ve been purchasing Myntra vouchers using Axis Magnus and earn accelerated reward points. Recently, I heard a few murmurs about potential reversals of points for certain voucher purchases.

From where are you purchasing? What's the murmurs about, on TF?

 

[PointsProfessors]

I did purchase from Magnify and Magicpin. I think I saw discussion on reddit.

 

[m4b]

I did purchase from Magnify and Magicpin. I think I saw discussion on reddit.

Can you share the link?

 

[PointsProfessors]

I tried searching for it but couldn’t locate it now. I believe it was on the CreditCardsIndia subreddit. Anyway, should I be concerned about the transaction amount? My monthly statement is usually around ₹2.5–3 lakhs.

 

[m4b]

I tried searching for it but couldn’t locate it now. I believe it was on the CreditCardsIndia subreddit. Anyway, should I be concerned about the transaction amount? My monthly statement is usually around ₹2.5–3 lakhs.

I don’t think so, haven’t heard such issues as such. Unless Axis reversing the ERs where they might have mistakenly credited in case of conflicting MCCs.