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Axis Multi Brand Voucher Clarification | 1 Edge Point = 40P

TechnoFino

Founder
TF Family
Founder
Admin
Axis magnus users were able to redeem edge points for multi-brand voucher. It was a loophole, Some people shared this loophole publicly on Twitter.

What is multi brand voucher?
A voucher with multiple (multiple brand) redemption option,
Normally we get 1 Edge point = Rs. 0.20 value but, in case of multi brand voucher, the value of edge point is, 1 Edge point = Rs. 0.40

Screenshot 2022-07-20 at 9.26.08 AM.png
  • BRANDS AVAILABLE:
    • Online - Shoppers Stop | Myntra | Prestige | BB Star
    • OTT - Zee5 | Sony Liv
    • Dining - Pizza Hut | Costa Coffee
    • Fashion - Louis Philippe | Vero Moda | The Raymond Shop | W for Woman | United Colors of Benetton | Levi’s | Woodland | Puma | Lifestyle | Bata | Hidesign | Hush Puppies | Aldo
    • Beauty & Health Care - The Body Shop | Kama Ayurveda | Apollo Pharmacy
This facility is exclusively available on axis privilege credit card holders only.

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Pro Tips :- If you want to redeem your edge points for multi brand voucher, then hold axis privilege card with your other axis edge points cards (like- Magnus, reserve, etc.), this will allow you to redeem your edge points (doesn't matter which credit card you have used to earn that edge points) for multi brand voucher.
 

Akash0043

TF Premier
Chalo badhiya .
I just hope that 30k ER points for SI card acquired around 20th Feb and 3 transactions completed around 2nd March are credited soon.

If they are credited after 20th April, moye moye.

By that time the privilege card that I applied today shall be active as well.
2 march wale transactions abhi bhi ne aaya welcome benefit 🥹
Mai ne krne wala activate before 20 april 🤣
 

bigbyte

TF Premier
VIP Lounge
2 march wale transactions abhi bhi ne aaya welcome benefit 🥹
Mai ne krne wala activate before 20 april 🤣
Naa bhai, nahin aaya. Poocho tau bol dengei, it may take up to 60 days.

Also, while the newly acquired Privilege card is appearing in the Axis App, I can't see the details as Authentication code is not available.
 

bigbyte

TF Premier
VIP Lounge
Haan hata diya jaayega ye sabko maloom hai, but 20th ke baad hataya jaayega naa.

Also From privilege card pdf:

Customers on-boarded from 20th April 2024, will receive fee waiver of Rs. 1500 on the spends of Rs. 5 lakhs in the preceding card anniversary year. • For customers on-boarded before 20th April 2024, annual fee waiver will be applicable on cumulative spends of Rs. 2.5 lakhs in preceding card anniversary year. However, for such customers, on card anniversary dates after 20th April 2025, fee waiver will be applicable on cumulative spends of Rs. 5 lakhs in the preceding card anniversary year.

Matlab aaj jo apply kiya , uska fee waiver shall be on 2.5 lacs only, isn't it?
 

Akash0043

TF Premier
Ye
Haan hata diya jaayega ye sabko maloom hai, but 20th ke baad hataya jaayega naa.

Also From privilege card pdf:

Customers on-boarded from 20th April 2024, will receive fee waiver of Rs. 1500 on the spends of Rs. 5 lakhs in the preceding card anniversary year. • For customers on-boarded before 20th April 2024, annual fee waiver will be applicable on cumulative spends of Rs. 2.5 lakhs in preceding card anniversary year. However, for such customers, on card anniversary dates after 20th April 2025, fee waiver will be applicable on cumulative spends of Rs. 5 lakhs in the preceding card anniversary year.

Matlab aaj jo apply kiya , uska fee waiver shall be on 2.5 lacs only, isn't it?
yes 2.5 hoga 20 april se phle walo ke liye
 

the_dark_knight

TF Ace
Contributor
Haan hata diya jaayega ye sabko maloom hai, but 20th ke baad hataya jaayega naa.

Also From privilege card pdf:

Customers on-boarded from 20th April 2024, will receive fee waiver of Rs. 1500 on the spends of Rs. 5 lakhs in the preceding card anniversary year. • For customers on-boarded before 20th April 2024, annual fee waiver will be applicable on cumulative spends of Rs. 2.5 lakhs in preceding card anniversary year. However, for such customers, on card anniversary dates after 20th April 2025, fee waiver will be applicable on cumulative spends of Rs. 5 lakhs in the preceding card anniversary year.

Matlab aaj jo apply kiya , uska fee waiver shall be on 2.5 lacs only, isn't it?
What about terms for redeeming multi brand vouchers collection in privilege card? Any changes there?
 

bigbyte

TF Premier
VIP Lounge
What about terms for redeeming multi brand vouchers collection in privilege card? Any changes there?
Following Privilege credit card features will be discontinued: • 24*7 complimentary concierge service will be discontinued • Multi Brand vouchers at double redemption value on achieving milestone spends of every 2.5 Lakhs will be discontinued

Basically no multibrand redemption possible as this program will be discontinued.
 

the_dark_knight

TF Ace
Contributor
• Multi Brand vouchers at double redemption value on achieving milestone spends
of every 2.5 Lakhs will be discontinued
[/ICODE]

Basically no redemption possible as this program will be discontinued.
Here not clear
1. Multi brand vouchers redemption will continue for customers onboarded before 20 April?
2. Is it only discontinued where points earned through milestone spend of 2.5lac on privilege card?
This statement is not clear
 

Vasuki

TF Pioneer
Contributor
RML Group
VIP Lounge
Here not clear
1. Multi brand vouchers redemption will continue for customers onboarded before 20 April?
2. Is it only discontinued where points earned through milestone spend of 2.5lac on privilege card?
This statement is not clear
True .
Thats the biggest confusion .

Its mentioned that
10k points which is 2k value of Amazon voucher will be discontinued on achieving 2.5 l milestone
 

the_dark_knight

TF Ace
Contributor
The mail which I got from axis regarding devaluation of privilege credit card, doesn't contain any statement regarding discontinuation of multi brand vouchers, but rest all other terms are there. May be they reverted this statement
True .
Thats the biggest confusion .

Its mentioned that
10k points which is 2k value of Amazon voucher will be discontinued on achieving 2.5 l milestone
 
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