Don't Waste Your Axis Magnus Edge Reward Points | CA Niraj Dugar

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  • Опубликовано: 2 янв 2025

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  • @hardikjaisingh-kw2ov
    @hardikjaisingh-kw2ov Год назад +3

    I have about 2.5L miles. I do travel a bit so feel airlines would be a better option. I’ve transferred around 40k to Vistara for domestic, and thinking about the remaining 2L to some airlines like Singapore ( I travel to the US often). Does that sound good or any other suggestions you might have?

    • @dugarniraj
      @dugarniraj  Год назад

      I don’t think Singapore makes sense for US flights. United would be better

    • @hardikjaisingh-kw2ov
      @hardikjaisingh-kw2ov Год назад

      Thank you for your reply. Would love to hear your thought as to why Singapore does not work. I thought the airlines is good, has good hours on the flights and their tax on booking through miles is good. Also, if I’m not wrong hasn’t united stopped/reduced flights from india to US?

  • @dg2ization
    @dg2ization Год назад +3

    How much time does it take to transfer ITC points to mariott ? And their validity period ?

  • @saulocardoso9781
    @saulocardoso9781 Год назад +1

    Hello.
    I transfer my point to accor, but I am not aware how to use. There is any rules to use it?

    • @dugarniraj
      @dugarniraj  Год назад +1

      Use app and book :)

    • @saulocardoso9781
      @saulocardoso9781 Год назад

      @@dugarniraj now working. Because I received and after one day I was not able to use. Now it is ok. Thanks.

  • @praveenrajkumar2156
    @praveenrajkumar2156 Год назад +2

    Niraj, which credit card with milestone based benefits do you suggest for NRI with 4 lakhs monthly spend. I did not expect such a steep devaluation for Magnus.

    • @dugarniraj
      @dugarniraj  Год назад

      1. Amex platinum travel
      2. Hdfc infinia
      3. Axis atlas
      4. Axis Vistara

  • @hardikmalpani4444
    @hardikmalpani4444 Год назад +1

    Is it mandatory to have membership of ITC, Marriott or Accor to transfer these points? Do members get better conversion ratio than non members??

    • @dugarniraj
      @dugarniraj  Год назад

      Without membership you can’t transfer. You need it for everything

    • @sourabhbagrecha
      @sourabhbagrecha 6 месяцев назад

      Point to be noted: these memberships are free of cost.

  • @saragadambhanu
    @saragadambhanu Год назад +1

    I am having 1.5 lakh points, I transferred 50k to Accor remaining what i have to do . Can i transfer it to ITC ? In Accor the problem is very less hotels , what is value of one point in Itc & Marriott. Guide me i am in confusion

    • @dugarniraj
      @dugarniraj  Год назад

      Marriott is better then. A lot of options in India

  • @asmarttraveller9576
    @asmarttraveller9576 Год назад +1

    Legally we can file a case in consumer forum for this devaluation . People who have recently got the card they will be at a loss . Technically since we have paid a joining fee that means Axis sold this product to us . Now we as consumer bought this card based on the facilities like miles stone rewards and redemption benefits . If there had been no such benefits we would have not bought this card . So it is kind of a breach of sale . Legally they must provide all the reward and redemption benefits to all first time costumers till 2nd year renewal .

    • @dugarniraj
      @dugarniraj  Год назад

      Why don’t you share your experience of filing it ? :)

  • @Garg360
    @Garg360 Год назад +1

    in which program to convert the edge point is a confusing...coz time is short and have to trxsfer 1lac point . i plan for dubai with 3 of my family travel is 1lac sufficient for free trip . some body plz recommend.
    am confused how much in accor and spiceclub or vistara..and any other .. is cancelled my plan ..then whats the validity for accor and spiceclub

    • @dugarniraj
      @dugarniraj  Год назад

      Consider accor / marriott for hotels. You’ll not get a good redemption for flights for UAR

    • @rishabhg4138
      @rishabhg4138 Год назад

      @@dugarniraj will you please guide me ..for which program i should go for flight booking as want to going to dubai .. please reply help me alot

  • @selwynmenezes
    @selwynmenezes Год назад

    Did you know that on the Accor app/website you can convert 2 Accor points to 1 krisflyer mile?
    This is proof that 1 Accor point is worth only 0.5 Kris flyer miles

    • @dugarniraj
      @dugarniraj  Год назад

      how does that matter? I will use Accor for Accor redemptions

    • @selwynmenezes
      @selwynmenezes Год назад

      @@dugarniraj
      Don't you see it is not krisflyer, but Accor themselves, who value their points at only half the value of Kris flyer miles.
      This is an important point to consider when converting Axis edge points.
      Accor cash is worth much less than same number of Kris flyer miles because their hotel rates are inflated by 200%

  • @anujdhamija9353
    @anujdhamija9353 8 месяцев назад

    Hi! I guess I stumbled upon this video quite late in life. I have about 40k points through my spends made on Axis Magnum. What do you suggest? I'd like to use it for travel in India only. Also, which credit card should I now look for to get more reward points? Axis Atlas or any other bank credit cards? Please suggest. Thank you in advance.

  • @rajeshnarasimman4345
    @rajeshnarasimman4345 Год назад +1

    Hi have 1 lakh edge point am staying in gulf should I tranfer to Qatar or etihad airlines

    • @dugarniraj
      @dugarniraj  Год назад

      Check the redemption rate once to decide what works best for you

  • @SuhasChowdary89
    @SuhasChowdary89 Год назад +2

    Bro ..every month i am purchasing goods/raw material which means retail transactions around 5 to 10 lakhs and paying it by using hdfc infinia through card swipe. I am getting 5RP for 150 rs.
    If i select axis magnus now ,how many points i can get here?

    • @dugarniraj
      @dugarniraj  Год назад +1

      Axis magnus is dead. Get axis atlas and spend 15 lakhs on it

    • @SuhasChowdary89
      @SuhasChowdary89 Год назад

      @@dugarniraj Thank you 👍

  • @peerwahaj6011
    @peerwahaj6011 Год назад +1

    I have moneyback with 3 L limit
    I’m a imperia acc Holder at 19 age
    How can i gwt infinia?

    • @saarthakparihar2942
      @saarthakparihar2942 Год назад

      Once your credit card limit reaches 10 Lacs you can reach out for card upgrade.

    • @peerwahaj6011
      @peerwahaj6011 Год назад

      @@saarthakparihar2942 which card can I upgrade to right now?

    • @saarthakparihar2942
      @saarthakparihar2942 Год назад +1

      ​@@peerwahaj6011You could ask them for Regalia LTF, the Regalia gold (come with fees) isn't much different from the regular Regalia.. although there are chances they'd be willing to upgrade to Millennia which is also a good card when it comes to cashback, regalia is more towards travel based benefits. If you want to accelerate your journey to Infinia you should try for Regalia.

  • @sambeetbiswal963
    @sambeetbiswal963 Год назад

    Suppose if I have to book ticket for my wife and my brother, then should I create vistara memebership ID for them too ? Then add that in my axis and transfer to their membership ? Or can I transfer the mile only to my account and book for them as well ?

    • @umendrarana
      @umendrarana Год назад

      U can add them as your nominee and book their ticket by using your miles

    • @sambeetbiswal963
      @sambeetbiswal963 Год назад

      @@umendrarana i have to add them as nominee in my airlines account ?

    • @peerwahaj6011
      @peerwahaj6011 Год назад

      @@sambeetbiswal963yes In your vistara acc
      You can add upto 8 nominees in a year

    • @dugarniraj
      @dugarniraj  Год назад

      Correct

    • @dugarniraj
      @dugarniraj  Год назад

      You can’t transfer points to their account. You can transfer to your own only. You can add nominee and then book for them

  • @umendrarana
    @umendrarana Год назад +1

    I m thinking to open a burgundy account because i m a frequent traveller to foreign countries and I usually keep 5 to 6 lacks in my salary saving account for easy visa process.
    I have done lots of accelerated bonus transactions on gift edge portal and around 1.5 lakhs gift edge bonus points are pending which will be credited after 1st september. So i can use them for 5:4 conversion even after 1st september. What is your suggestion on this

    • @dugarniraj
      @dugarniraj  Год назад

      Makes sense even for a few months IMO

    • @akshayshetty5548
      @akshayshetty5548 Год назад

      It's already devalued....travel edge is 5:2 from 5:4 and limit up by 25 lacs from 15 and fees up to 12500

    • @umendrarana
      @umendrarana Год назад

      @@akshayshetty5548 yeah but with burgundy account transfer rate will be continued to 5:4 instead of proposed 5:2. Last time i got 43k gift edge bonus for 1 month so i am assuming atleast 1 to 1.5 lakh accelerated bonus points for last 3 month transactions

    • @umendrarana
      @umendrarana Год назад

      @@dugarniraj thanks.

    • @DrSantoshRaut
      @DrSantoshRaut Год назад

      Yes, it is a good decision to retain a conversation ratio 5:4

  • @drdarshanchudasama133
    @drdarshanchudasama133 Год назад +1

    Hello , I want a suggestion to choose airline , which is best overall if I want to convert my point to it .
    And between Accor and ITC which is better option for hotel ?
    Transferring point first time so have no idea about this

  • @amitabhmaheshwari
    @amitabhmaheshwari Год назад +2

    I have transferred them to ITC.

  • @rajeshnarasimman4345
    @rajeshnarasimman4345 Год назад

    Pls suggest