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Axis Magnus Credit Card Devaluation | Where to Redeem Axis Edge Points?

Axis Magnus Credit Card devaluation circular is getting viral in social media and is looking very much real and is going to be effective from 12th August, 2923.
While it is very heartbreaking for all Axis Magnus users, the biggest worry for all Axis Magnus users is the devaluation of their existing Axis Edge points. Everyone is thinking where to redeem Axis Edge points or where to park Axis Edge points? Everyone whats to know how to save Axis Edge points from devaluation if they can’t redeem Axis Edge points before 12th August 2023.
In this video, you will get to know details of the devaluation of Axis Magnus Credit Card or Axis Magnus devaluation, but will also get to know how you can park your existing Axis Edge Points to protect Axis Edge points from devaluation m.
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Пікірлер: 98

  • @dhawalshah1570
    @dhawalshah1570 Жыл бұрын

    One of the most needed video in current times...much Thanks for making it so simple...this rumours from axis 😅😅

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    Thanks dear :)

  • @sheelasaketh

    @sheelasaketh

    Жыл бұрын

    Accor has very bad reviews… Take a mindful decision before u transfer

  • @jayanthvinay3041
    @jayanthvinay3041 Жыл бұрын

    I found like a 2500rs ticket to goa is asking to spend 6000 club vistara points which is not a good deal, i think accor can be a better deal, but can we use only points and book hotels or is there any rule like only 70% of the bill can be paid through points like that?

  • @sachinhj9910
    @sachinhj9910 Жыл бұрын

    It is not practical or wise to use all those precious reward points on hotel bookings. I feel Club vistaara is the best use for these points. We can use this for planned domestic travel forvnext 3 years

  • @cred_entho
    @cred_entho Жыл бұрын

    Glad i trusted infinia and didnt fall in the trap of applying one more card with high fees.

  • @ZakirHussain-vm9sv
    @ZakirHussain-vm9sv Жыл бұрын

    I had a brief discussion about this to customer care… this sad but it’s going to be finished by Aug 11… RIP Axis Magnus😢 you will be remembered forever 💔

  • @dakshjain5464

    @dakshjain5464

    Жыл бұрын

    Bro customer care ne merko bola ki ITC m conversion rate same rhega wha ni change hua?

  • @panchajanyanaralasetty7370
    @panchajanyanaralasetty7370 Жыл бұрын

    For Accor Membership redemption, in Accor, it is showing: earn 2000 points and you can start redeeming. Is transferring 2000 points from edge rewards the same as earning. Can I start transfer from edge rewards and book a hotel directly? or I do need a silver status or something to book a hotel?

  • @iZacq
    @iZacq Жыл бұрын

    Now which is the Top 3 Premium Cards

  • @nitishgarg322
    @nitishgarg322 Жыл бұрын

    can you please tell how to book with points at accor hotels website. I am not able to find out that easily.

  • @saarthakrox
    @saarthakrox Жыл бұрын

    Just talked to Axis, this Devaluation has been put on hold until further notice. Does not inspire confidence that this was their plan however.

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    I strongly feel that they deliberately leaked the circular to see public reaction. And because of so much adverse reaction, they back tracked

  • @panchajanyanaralasetty7370
    @panchajanyanaralasetty7370 Жыл бұрын

    If possible, please make a video on the expiry of points on a particular partner, like vistara xyz years, Singapore airlines xyz years etc

  • @panchajanyanaralasetty7370
    @panchajanyanaralasetty7370 Жыл бұрын

    Wonderful Video

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    Thanks 😊

  • @saurabhgoswami1989
    @saurabhgoswami1989 Жыл бұрын

    Please make a comparison video now with HDFC Infinia

  • @rahatqureshi5356
    @rahatqureshi5356 Жыл бұрын

    Customer care kh rhe abhi hold kr diya hi abhi aisa kuch ni hi

  • @tushardalvi8026
    @tushardalvi8026 Жыл бұрын

    Devaluation on giftedge portal as well, Amazon gift card now only offers 2x reward Point

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    Yes. But Magnus devaluation has been put in hold for now.

  • @manishagarwal2265
    @manishagarwal2265 Жыл бұрын

    Hi, I have transferred some of my edge miles to accor and from accor to iberia . I wanted to check how i can transfer from iberia avios to qatar avios but it shows [ Sorry, you currently don’t meet the terms & conditions to combine Avios ] . Can you please help me with this.

  • @pratiku
    @pratiku Жыл бұрын

    If you're not using it for a long time, it will be if no use. If anything wants to sell krisflyer miles at 0.4rs per mine, can i buy it? As i have plans for travel

  • @surajkokate7739
    @surajkokate7739 Жыл бұрын

    Now after devaluation is it good to opt for Axis Atlas over Magnus, especially for travel benefits

  • @sachinhj9910
    @sachinhj9910 Жыл бұрын

    Why cant we transfer to CV points?? We can use for domestic travel by vistara...

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    Yes, thats also a good option. But only if you can use them in next 1 year

  • @ZakirHussain-vm9sv

    @ZakirHussain-vm9sv

    Жыл бұрын

    @@SpendWiselyOfficialyou are wrong in this statement as CV point validity is for 3 years.

  • @abhishek12333

    @abhishek12333

    Жыл бұрын

    @@ZakirHussain-vm9sv He is right as Air Vistara itself will cease to exist after one year (even though validity of CV points is 3 years) as Air Vistara will merge with Air India !! In case, CV points get transferred to Air India FFP, their validity will also be one year, as per Air India's FFP's policy.

  • @sachinhj9910

    @sachinhj9910

    Жыл бұрын

    @@SpendWiselyOfficial isnt it three years?

  • @DoGoodBeGood9
    @DoGoodBeGood9 Жыл бұрын

    How about transferring to vistara

  • @adnaanmir2943
    @adnaanmir2943 Жыл бұрын

    No such article found on axis website

  • @srikanthsanjeev

    @srikanthsanjeev

    Жыл бұрын

    yes

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    The devaluation circular about Axis Magnus Credit Card is true. Just called Axis Customer Care and they confirmed it in clear words😣. Axis Magnus users are soon going to receive the circular officially.

  • @tanmoysaha6879
    @tanmoysaha6879 Жыл бұрын

    What credit card now you suggest for every magnus users

  • @moreshwarpanchal2861
    @moreshwarpanchal2861 Жыл бұрын

    Insurance payment will be counted towards 100000 milestone?

  • @rah28iie

    @rah28iie

    Жыл бұрын

    Yes

  • @amolagarwal3044

    @amolagarwal3044

    Жыл бұрын

    Yes it will be

  • @SandeepSanatani1008
    @SandeepSanatani1008 Жыл бұрын

    भाई मेरे पास 34 महीने से hdfc moneyback Life time free क्रेडिट कार्ड है जिसे लिमिट कुल ₹28000 है, उसमें लिमिट increase का ऑफर नहीं आया लेकिन कार्ड upgrade का offer आ गया है money back plus मे । उसमे joining charge नही लग रहा है पर anual fee 589/- की इस Q kya इस money back+ ko Life time free किया जा सकता हैं। Smart pay लगाके या 1lakh खर्च करके। और क्या इसके बाद limit increase होने के chance है। क्या करु? और मेरे kotak card me 140000 ki limit hai

  • @amitde06
    @amitde06 Жыл бұрын

    Hello Sir, During provide your link of Kotak credit card at the time of apply show "product details are not stamped on lead" this massage. Kindly tell me abt this.

  • @tanmoysaha6879
    @tanmoysaha6879 Жыл бұрын

    My spend is on govt payment and utility payments..what else i try instead of magnus

  • @avikde9631

    @avikde9631

    Жыл бұрын

    How much is your utility payments ?

  • @amitsakhere9222
    @amitsakhere9222 Жыл бұрын

    Sir please all accor pe ek video banaye use hotel or flight booking kaise kare mere paas 120000 egde points he thaks for this information

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    Accor ALL par already video he. 👉Axis Edge Points to Airmiles Transfer | How to Redeem Axis Edge Reward Point | Axis Magnus Air Miles kzread.info/dash/bejne/eXqg2JWMZpuxmZc.html

  • @amitsakhere9222

    @amitsakhere9222

    Жыл бұрын

    @@SpendWiselyOfficial thank you sir big fan now

  • @amitsakhere9222

    @amitsakhere9222

    Жыл бұрын

    Sir aaj axis customer care se baat hui wo keh rhe the ki confirm nhi he ki devaluation hoga jaise koi info aayegi aapko mail and SMS aajayege . To ab kya karna chahiye your opinion 🙏

  • @amitsakhere9222

    @amitsakhere9222

    Жыл бұрын

    Just abhi ye msg type karne ke pehle baat hui jis din apka video dekha tha usi din customer care pe baat hui to unhone confirm Kiya tha ki devaluation ko news sahi h. Par Aaj mana kar rhe h . Wese mere paas koi msg n mail nahi aaya iske regarding. Flipkart wala card b h mere paas uska aaya h devaluation ka mail bas

  • @ajayk4763
    @ajayk4763 Жыл бұрын

    Bhayya, after transferring to acor, can I book a hotel for my friends/family ? Some where I heard hotel booking has to be on the name of the primary card holder. Same question for vistara airmiles can I book for others?

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    Accor ka booking kisi aur ke liye karna ho to, uske customer care pe call karke karna hoga. Online nahi hoga. Vistara me I m not sure

  • @harshildangayach5723

    @harshildangayach5723

    Жыл бұрын

    Can i use points for booking for family on customer care

  • @sumit_singh

    @sumit_singh

    Жыл бұрын

    @ajayk4763 In club vistara, you have something called Nominee. Add your family members in those and you will be able to book tickets for them too… using your CV points. Note: only the One’s who are added in your nominee list.

  • @keshavsingh9280

    @keshavsingh9280

    Жыл бұрын

    In vistara you can add nominee upto 8 person and then you can book flight for family/friend.

  • @tushardalvi8026

    @tushardalvi8026

    Жыл бұрын

    I tried to convert points however the transaction failed and as per discussion with customer care it's happening with many customers

  • @avamanna3880
    @avamanna3880 Жыл бұрын

    Is the development coming from authentic source?

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    The devaluation circular about Axis Magnus Credit Card is true. Just called Axis Customer Care and they confirmed it in clear words😣. Axis Magnus users are soon going to receive the circular officially. You can call customer care and check yourself.

  • @avamanna3880

    @avamanna3880

    Жыл бұрын

    @@SpendWiselyOfficial OMG!! then only Infinia is left, which is still better than magnus. But it is invite only card

  • @saktibiswal6445
    @saktibiswal6445 Жыл бұрын

    So after this news which credit card will be a good card? (Considering Magnus will become bad card post Aug 12)

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    HDFC Infinia

  • @saktibiswal6445

    @saktibiswal6445

    Жыл бұрын

    @@SpendWiselyOfficial HDFC Customer Care told me that it's an invite only card. We can't apply for it.

  • @rah28iie

    @rah28iie

    Жыл бұрын

    @@saktibiswal6445 you can get air vistara infinite if okay with rewards in vistara. 3.3 pc in CV points. With complimentary business tickets on milestone completion reward rate becomes much higher. But don't blame me later if Axis devalued that card also, coz future of Vistara as a brand itself is uncertain.

  • @saktibiswal6445

    @saktibiswal6445

    Жыл бұрын

    @@rah28iie haha...Yes, Vistara itself is in a dicey situation. Obviously we can suggest but the final call has to be of the individual. I understand that.

  • @rah28iie

    @rah28iie

    Жыл бұрын

    @@saktibiswal6445 you can also get Standard Chartered Ultimate better than Magnus for non milestone months. Return at 3.3 pc easier to get and no acceptance issues like Diners Club Black.

  • @sachinhj9910
    @sachinhj9910 Жыл бұрын

    They cant do this with one month notice while our bonus points have not been credited yet.

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    The devaluation circular about Axis Magnus Credit Card is true. Just called Axis Customer Care and they confirmed it in clear words😣. Axis Magnus users are soon going to receive the circular officially.

  • @sachinhj9910
    @sachinhj9910 Жыл бұрын

    This is still now a rumor...

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    The devaluation circular about Axis Magnus Credit Card is true. Just called Axis Customer Care and they confirmed it in clear words😣. Axis Magnus users are soon going to receive the circular officially.

  • @manishagarwal2265
    @manishagarwal2265 Жыл бұрын

    Aagaya Magnus ka news

  • @mahipdeva3543
    @mahipdeva3543 Жыл бұрын

    Hello sir, thankyou for the video. I was trying to upgrade to axis Magnus since last month but due to the change in address, wasnt able to. Seems as if it was good omen. I want a card with good benefits, points, redemption offers and airport lounge access and concierge service. That was the reason I was leaning towards MAGNUS. I saw in your replies, you are suggesting HDFC INFINIA, can you give me some more options of HNI and premium cards please that would tend to my wishes? I AM JUST SAD AT THIS POINT

  • @saktibiswal6445

    @saktibiswal6445

    Жыл бұрын

    Axis Reserve is a HNI card. I think there is also Burgundy credit card by Axis. Infinia is an invite only card.

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    Right now, Infinia is the best card with reasonable fee and renewal benefits. Axis Reserve is also great but devaluation is probably applicable for Reserve also. So, wait for a week

  • @mahipdeva3543

    @mahipdeva3543

    Жыл бұрын

    @@SpendWiselyOfficial Thankyou for the reply sir! I shall be waiting for a week and check what is the scene of Axis Bank Cards. Please it is a request to keep us in loop regarding any change. Thanks

  • @saktibiswal6445

    @saktibiswal6445

    Жыл бұрын

    @@SpendWiselyOfficial But can we apply for Infinia? If yes, please share the procedure.

  • @trnswamy
    @trnswamy Жыл бұрын

    Very bad devaluation if it is true

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    The devaluation circular about Axis Magnus Credit Card is true. Just called Axis Customer Care and they confirmed it in clear words😣. Axis Magnus users are soon going to receive the circular officially.

  • @ajayk4763
    @ajayk4763 Жыл бұрын

    Can you let me know which airlines give the best conversation ratio? Bcoz I mistakenly converted a few edge points to the AirAsia in 5:4 ratio, while booking I came to know 7 Air Asia miles is 1rupee. I literally wasted my points. Can you tell me which airline miles gives best value for edge points.

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    Club vistara is better

  • @ajayk4763

    @ajayk4763

    Жыл бұрын

    @@SpendWiselyOfficial is Vistara cv points Validity is 3 years?

  • @Commentbaazz
    @Commentbaazz Жыл бұрын

    No premium just a ordinary card

  • @husainronaq6756
    @husainronaq6756 Жыл бұрын

    Thanks for this video. Made a decision to park to Accor basis your inputs. One ques. For me its more about airmiles specially for Emirates. Since axis doesnt have direct link, routing via Accor will be preferred. Any tip how can i get 1:1 instead of 1:0.5 on Emirates via Accor?

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    Good question 😊, I wish I would have known the answer 😊

  • @jagadeeshr91
    @jagadeeshr91 Жыл бұрын

    Rumours or real news?

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    The devaluation circular about Axis Magnus Credit Card is true. Just called Axis Customer Care and they confirmed it in clear words😣. Axis Magnus users are soon going to receive the circular officially.

  • @Homedocsunny
    @Homedocsunny Жыл бұрын

    Is this official or just fake news??? I applied one day back

  • @adnaanmir2943

    @adnaanmir2943

    Жыл бұрын

    Baat Abhi hawa main hain

  • @ajayk4763

    @ajayk4763

    Жыл бұрын

    Same here applied 2 days back :) I will proceed by taking the card because MAGNUS still considers insurance payments towards 1 lakh milestone.

  • @ajayk4763

    @ajayk4763

    Жыл бұрын

    Even if you receive the card. If you change your mind then don't activate it or don't do the first transaction you won't be charged with a 10k fee and the card will automatically be cancelled after 30 days. You can also call customer care and inform them that you won't be activating it.

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    The devaluation circular about Axis Magnus Credit Card is true. Just called Axis Customer Care and they confirmed it in clear words😣. Axis Magnus users are soon going to receive the circular officially.

  • @Homedocsunny

    @Homedocsunny

    Жыл бұрын

    Could have taken this card even if Tata clip voucher were given .. now we could only rely on Yatra vouchers

  • @sumitsikriwal8898
    @sumitsikriwal8898 Жыл бұрын

    HDFC ne mere sath ek ajib game khela or mera 3000 ka nuksan karwa dia. mene tata neu plus card apply kia cashkaro k through to HDFC ne kaha ki aap already ek HDFC ka card hold karte to ham apka ye card hold pe rakhte meanwhile aap limit increase k liye apply kar sakte hai. 2 din bad mene Tata Neu App se Neu plus card apply kia or wo mere regalia card ki shared limit k sath approve ho gaya or deliver bhi hone wala hai. To kya koi ye bata sakta h HDFC ne mere 3000 Rs ku khaye ku itna bada game khela mere sath

  • @pranavraval4085

    @pranavraval4085

    Жыл бұрын

    Hi Sumit, I faced the same situation, not sure why 2nd card is not provided to us, while many many other users already got this, I applied via cashkaro. Maybe some issue via cashkaro

  • @sumitsikriwal8898

    @sumitsikriwal8898

    Жыл бұрын

    @@pranavraval4085 issue is not from cashkaro because hdfc emails back to put our card approval on hold

  • @praveenrajkumar2156
    @praveenrajkumar2156 Жыл бұрын

    Dear, if this devaluation is real, then which is the best premium credit card with best reward rate for Amazon voucher/shopping. I generally use to convert points to buy gold or air tickets. Your suggestion and recommendation will be much appreciated.

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    HDFC Infinia is again the best now after debaccle of Magnus

  • @husainronaq6756
    @husainronaq6756 Жыл бұрын

    How many days it taked for axis to accor transfer

  • @SpendWiselyOfficial

    @SpendWiselyOfficial

    Жыл бұрын

    1 to 3 daye

  • @amitde06
    @amitde06 Жыл бұрын

    Important communication regarding your FLIPKART AXIS BANK Credit Card Dear Customer, We hope you are enjoying the many benefits of your FLIPKART AXIS BANK Credit Card. While you continue to make the most of your card, we would like to update you regarding a few changes to the product features on your Credit Card, with effect from 12th August 2023: Spends towards flight & hotel payments on Flipkart and spends on Myntra shall now be eligible for 1.5% unlimited cashback* The annual fee charged on your card will be waived off if you spend more than INR 3,50,000 in a year* Payments made towards government services shall not be eligible for cashback*.

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