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Axis Magnus - Still Worth It?

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I had applied for Magnus just a couple of days before the deval rumours and now that it has been approved, I'm in 2 minds whether should I activate it or not.

I was looking forward to using this card for all my expenses, be it offline spends, online purchases, fuel, insurance premiums, utilities, etc. Any suggestions on how to maximise the rewards from it post devaluations?

I'm a frequent traveller with monthly spends close to 50-60k. I can push to reach the milestone maybe 3-4x a yr, but not sure if the RPs will be as fruitful after the devaluation. Looking forward to any suggestions/tips.
 
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