RIP Burgundy Magnus card

[khaitan.rajesh29]

Axis has just killed Burgundy Magnus with joining fees of Rs30k plus taxes and that too with a joining benefit of just Rs 5k voucher.

https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/magnus-credit-card-for-burgundy-faq.pdf

 

[Vasuki]

Axis has just killed Burgundy Magnus with joining fees of Rs30k plus taxes and that too with a joining benefit of just Rs 5k voucher.

https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/magnus-credit-card-for-burgundy-faq.pdf

Loads of fd coming to Hudfc now 😜😜

 

[Tensor]

Axis Bank aur uske Saste Nashe 😂😂

 

[Abhishek012]

 

[navam]

HDFC mein daal ke bhi kya karenge

 

[techt]

OH.. You greedy princess 👸 Magnus.

 

[rahulsethi]

Useless wait for them to come with another M4B LTF offer for Burgundy accounts.

 

[khaitan.rajesh29]

Useless wait for them to come with another M4B LTF offer for Burgundy accounts.

Yes, from now onwards I doubt they will be able to sell any new Magnus card with such a high joining fees and pathetic welcome benefit.

 

[coolguy1]

Not sure who's taking these decisions but whoever is, will have to be switched before the customers switch their banks.

 

[cardy]

Axis Bank aur uske Saste Nashe 😂😂

Axis to hai hi nasedi

 

[Zacobite]

Not sure who's taking these decisions but whoever is, will have to be switched before the customers switch their banks.

self destruct mode at axis...hdfc can really make a move on axis customers if they also don't do something silly

 

[kushhh]

Not sure who's taking these decisions but whoever is, will have to be switched before the customers switch their banks.

I don't think it is a single person's decision..... Poora axis hi C hutiya hai

 

[cardy]

Paytm ke saath axis q nahi dooba..😆

 

[coolguy1]

I don't think it is a single person's decision..... Poora axis hi C hutiya hai

I mean there are people who brought the cards like Magnus, Atlas and Vistara so there are some interesting and smart people there but the people trying to focus too much on profits which is destroying the customer experience need to be talked to one on one.

 

[khaitan.rajesh29]

I mean there are people who brought the cards like Magnus, Atlas and Vistara so there are some interesting and smart people there but the people trying to focus too much on profits which is destroying the customer experience need to be talked to one on one.

Problem is not just profits. Their entire staff is clueless about any new changes and still they will confidently give you wrong information. I had been told by the bank this week that you can continue with your existing Magnus after opening burgundy account and your existing Magnus will have 5:4 ratio and that too lifetime free.

 

[percolate]

let's hope HDFC doesn't do such devaluations!

 

[bing1309]

They are cleaning there house to know, what kind of customers they have or wanted. Good atleast magnus saga stops finally. This points etc will eventually stop in all top bankers only fintech or new banks comes up and they will also Deval it. Just move on

 

[Deleted member 9785]

HDFC Infiia take against FD of 12 lacs. Dont know why people wasting time on axis burgady

 

[sourpai]

Wait for a few more weeks, some or the other offer will come. I don't think 30K + GST will sustain. Axis cc product head may get fired or they may hire someone from HDFC etc. who knows. Super premium cards space is heating up with launch of cards such as Yes Marquee and all. So each bank will have to respond in their own way

 

[Tensor]

So Axis want HNI clients who can spend fortune on their below average cards, do not expect welcome/renewal benefits, do not expect good rewards, definitely do not expect good service and are always ready for another shock. Thanks to their crap strategy, Amex and HDFC cards will always be the first choice of serious customers.