Axis Magnus Magnus closure, retention offer and alternatives

[maynigam]

Hello guys.

I started my Magnus journey in Feb 2023 and used it to the fullest but it is time to bid farewell as I have only crossed 9.5 lakhs in the past year and I am nowhere near renewal fees waiver criteria. Since I don't hold burgundy status, the card will not hold much value for me next year.
I have the following questions before I close my magnus.

1. What is the easiest way to close and what is the ideal time to close it? Should I wait for the renewal fees to be posted in my statement or call customer care before completing a year?
2. Do they offer any retention offers when you call them? Is it worth?
3. I am looking at ICICI Emerald Private metal card as my alternative to this card. Can someone guide me how to obtain this card?

Thanks.

P.S. I recently completed my Singapore trip where my hotel and dining worth more than 2.5 lakhs in a 5 star property was covered by edge rewards. So I'm satisfied with my experience!

 

[QUIKSILVER27]

Did you claim 10k ER for retention before devaluation as well?

Yes and for that reason they have not credited the points this time inspite of making an SR for the same.. was trying my luck anyways

 

[ccdc]

i called recently and they just closed...no retention.

 

[agrawalshishir]

I hv over spent their threshold so it is automatically fee waiver, should i still call n close n not renew to get 10000 er

 

[maynigam]

I hv over spent their threshold so it is automatically fee waiver, should i still call n close n not renew to get 10000 er

No. You can just tell them that you want bonus edge rewards in view of devaluation. They will give

 

[Deleted member 9785]

Any retenion bonus now a days?