RIP Axis Magnus

[browndynamite]

The axis magnus is officially dead. Axis bank has announced major devaluations and discontinuation of offers effective from 20-04-24.
Some highlights:
Buy-one-Get-one free movie/non-movie ticket (up to Rs. 500 off on the second ticket) offer on BookMyShow will be discontinued.

• 24*7 complimentary concierge services will be discontinued

• 8 complimentary airport meet & assist services will be discontinued. All requests raised till 19th April 2024 for future travel dates will be fulfilled (as per terms and conditions and subject to availability). No new requests will be taken from 20th April 2024 onwards.

Your lounge access benefits will be based on your MAGNUS Credit Card spends in the previous 3 calendar months. 50k spend is required.

The complimentary guest visits applicable on domestic & international lounge programs will be revised from 8 guest visits to 4 guest visits. o Domestic Lounge: For current calendar year, all Magnus customers will have 4 guest visits available from 20th April’24 till 31st December’24, irrespective of number of guest visits utilised till 19th April’24. From next calendar year onwards, Magnus customers can enjoy 4 complimentary guest visits per calendar year.

International Lounge: For current card anniversary year, all Magnus customers will have 4 guest visits available from 20th April’24 till card anniversary date, irrespective of number of guest visits utilised till 19th April’24. From next card anniversary year, Magnus customers can enjoy 4 complimentary guest visits on Priority Pass, per card anniversary year.

 

[Swastik]

people extracted 10x value. Axis became a multibagger card stock meme

Not arguing with you on Rewards rates ,all cards devalue with time ,Axis was bound to follow suit sometime,

But they killed non spend based benefits for Magnus ,just completely ruined the product

 

[Deleted member 9785]

Not arguing with you on Rewards rates ,all cards devalue with time ,Axis was bound to follow suit sometime,

But they killed non spend based benefits for Magnus ,just completely ruined the product

Reasons like this killed the golden goose

 

[Gaara]

non magnus users like me are very happy.

Yes, I'm not aware of magnus benefits reading all these I'm like
"Joh baat hum mein samajh mein nahi aati ... woh hum mein sunai bhi nahi deti"

 

[Swastik]

Reasons like this killed the golden goose

So instead fixing these gaps ,axis just decided to scrap the whole thing

Kudos

 

[Swastik]

true lounge access will also become a luxury soon

And I'll holding onto my Rupay Plat/Select Debit Cards

 

[Sheshav]

The axis magnus is officially dead. Axis bank has announced major devaluations and discontinuation of offers effective from 20-04-24.
Some highlights:
Buy-one-Get-one free movie/non-movie ticket (up to Rs. 500 off on the second ticket) offer on BookMyShow will be discontinued.

• 24*7 complimentary concierge services will be discontinued

• 8 complimentary airport meet & assist services will be discontinued. All requests raised till 19th April 2024 for future travel dates will be fulfilled (as per terms and conditions and subject to availability). No new requests will be taken from 20th April 2024 onwards.

Your lounge access benefits will be based on your MAGNUS Credit Card spends in the previous 3 calendar months. 50k spend is required.

The complimentary guest visits applicable on domestic & international lounge programs will be revised from 8 guest visits to 4 guest visits. o Domestic Lounge: For current calendar year, all Magnus customers will have 4 guest visits available from 20th April’24 till 31st December’24, irrespective of number of guest visits utilised till 19th April’24. From next calendar year onwards, Magnus customers can enjoy 4 complimentary guest visits per calendar year.

International Lounge: For current card anniversary year, all Magnus customers will have 4 guest visits available from 20th April’24 till card anniversary date, irrespective of number of guest visits utilised till 19th April’24. From next card anniversary year, Magnus customers can enjoy 4 complimentary guest visits on Priority Pass, per card anniversary year.

I have my magnus up for renewal tomorrow. I called up axis customer care, to downgrade the card into axis select (as i have EMIs). As per customer care my both card will remain active for 45 days that means i will end up paying renewal fees and joining fees for new card.
The only other option i have is to prepay all the EMIs along with foreclosure charges.😑😑😑

 

[Swastik]

Does Domestic Lounge on Priority Pass also require 50k spends in last 3 months ?

Also ,i wasn't aware that there are Domestic Lounge Guest visits on Magnus ,is that a new thing!

 

[C_R]

was planning to apply Magnus🥹

 

[Rags]

Lounge access is provided by many other cc dc
But major value was meet and greet etc which they took away 🥂🥂

Why does a non HNI needs a meet and greet?

 

[browndynamite]

Does Domestic Lounge on Priority Pass also require 50k spends in last 3 months ?

Also ,i wasn't aware that there are Domestic Lounge Guest visits on Magnus ,is that a new thing!

Yeah......I think ICICI started this spend based lounge access....now everyone has started to do the same ....but it is unacceptable on a card with such a high renewal fee.

 

[browndynamite]

Why does a non HNI needs a meet and greet?

Why should HNI have all the fun.

 

[msankadi]

Why should HNI have all the fun.

Yes sab HNI ko jameen pe bithao airport pe and ask them to jump 50 times before allowing them to stand in a queue for taking their ticket...disallow web check in...ask them to come on foot to airport no cab allowed

 

[Swastik]

Yeah......I think ICICI started this spend based lounge access....now everyone has started to do the same ....but it is unacceptable on a card with such a high renewal fee.

Yup ,it's ludacris to keep spebd criteria on a 12.5+gst card

 

[_amit_]

Yup ,it's ludacris to keep spebd criteria on a 12.5+gst card

You think this is ridiculous?

Magnus for Burgundy too has spend based access which is 30K+GST

 

[Vasuki]

The axis magnus is officially dead. Axis bank has announced major devaluations and discontinuation of offers effective from 20-04-24.
Some highlights:
Buy-one-Get-one free movie/non-movie ticket (up to Rs. 500 off on the second ticket) offer on BookMyShow will be discontinued.

• 24*7 complimentary concierge services will be discontinued

• 8 complimentary airport meet & assist services will be discontinued. All requests raised till 19th April 2024 for future travel dates will be fulfilled (as per terms and conditions and subject to availability). No new requests will be taken from 20th April 2024 onwards.

Your lounge access benefits will be based on your MAGNUS Credit Card spends in the previous 3 calendar months. 50k spend is required.

The complimentary guest visits applicable on domestic & international lounge programs will be revised from 8 guest visits to 4 guest visits. o Domestic Lounge: For current calendar year, all Magnus customers will have 4 guest visits available from 20th April’24 till 31st December’24, irrespective of number of guest visits utilised till 19th April’24. From next calendar year onwards, Magnus customers can enjoy 4 complimentary guest visits per calendar year.

International Lounge: For current card anniversary year, all Magnus customers will have 4 guest visits available from 20th April’24 till card anniversary date, irrespective of number of guest visits utilised till 19th April’24. From next card anniversary year, Magnus customers can enjoy 4 complimentary guest visits on Priority Pass, per card anniversary year.

To every Magnus owner

 

[RTR01]

Yup ,it's ludacris to keep spebd criteria on a 12.5+gst card

What about people who took magnus Burgundy with 30k+taxes?

 

[msankadi]

To every Magnus owner

For a 'real' magnus owner do you really think taking away benefits worth a few thousands or even a couple of lakhs per year is something that will turn their lives inside out?

 

[Vasuki]

For a 'real' magnus owner do you really think taking away benefits worth a few thousands or even a couple of lakhs per year is something that will turn their lives inside out?

That was banter to axis magnus death

No matter how rich or poor if one is informed they care if they r loosing money .

 

[techt]

For a 'real' magnus owner do you really think taking away benefits worth a few thousands or even a couple of lakhs per year is something that will turn their lives inside out?

With the introduction of groups in mile transfers, some did get affected.

See here a 1Crore spender getting affected.

Devaluation - Axis Magnus & Magnus Burgundy Credit Card Huge Devaluation Effective From 20th April 2024

I had the same issue, could only transfer my edge points in multiples of accrued Burgundy points. Have kept a bunch unredeemed to transfer my accelerated reward points but they aren't crediting to my account (spends in early Feb) saying there is a software error. Hoping it gets sorted before the...

www.technofino.in

 

[mowgli]

Any credit cards that has got M&E included? Which credit has option to take guests alongwith? At this rate, Atlas has more guest benefit on platinum tier than Magnus 😏😔