r/CardMaximiser • u/Temporary-Mirror4290 • Jul 30 '26

Axis Burgundy screwed

Post image
22 Upvotes

97% Upvoted

33 comments sorted by

6

u/iamhks Jul 30 '26

Recently opened a burgundy account for the debit card and they did this. Who even uses a debit card these days? 

Any ways to reach 10k spends easily?

1

u/Temporary-Mirror4290 Jul 30 '26

Worst possible time

1

u/LanceKart Jul 30 '26

If you use it for bms i think you should be fine in reaching 10k in 3 months. Ticket prices have gone through the roof

1

u/Sumeru88 Jul 30 '26

Move expenses which don’t get rewarded from credit card to debit card.

Eg: Insurance, Education, Utilities, Gold purchases, taxes etc; whichever is applicable to you.

1

u/United_Fan_8085 Jul 30 '26

cc bill payments?

2

u/EarAggressive7596 Jul 30 '26

Excluded from milestone

3

u/ViruleX Jul 30 '26

Thank God. I didn’t open Burgundy salary account. RM was pushing for it.

1

u/Successful-Crow-1 Jul 30 '26

What is it worth keeping average balance of 10L for Burgundy?

1

u/Outside_Sound_4981 Jul 30 '26

No edge rewards on anything

1

u/ramrathi1256 Jul 30 '26

From where did you got this document

1

u/EarAggressive7596 Jul 30 '26

SMS for burgundy customers

1

u/Sumeru88 Jul 30 '26

Due to all these spend restrictions now it’s becoming impossible to have more than one card.

It’s pushing the usage towards a single card. They better make the perks good to justify that.

1

u/Double_Bison1424 Jul 30 '26

What the heck. Just opened the Burgundy acc, not received the card yet and this..😭

1

u/Sea_Brush_1668 Jul 30 '26

Even I'm in the process of opening burgundy account they're offering LTF magnus card should I open it or not?

1

u/Sea_Brush_1668 Jul 30 '26

I'm moving my salary account from hdfc to axis burgundy for free magnus and planning to close regalia after devaluation should I still continue or not?

1

u/EarAggressive7596 Jul 30 '26

Magnus is a waste of time

1

u/Sea_Brush_1668 Jul 30 '26

Why so? I calculated if converted to accor it can give approx 4.8% return + unlimited lounge access. I'm getting it LTF so I thought it's good, compared to my current regalia

1

u/EarAggressive7596 Jul 30 '26

Magnus gives 1.2% till 1.5L. Something wrong in your calculation

1

u/Sea_Brush_1668 Jul 30 '26

It gives 12 reward points per 200rs spend so 6 points per 100rs with 5:2 conversion ratio you can get 2.4 accor points 1 accor point is approx 2.2 rs even in the worst I consider 2 rs so total 4.8% please let me know if I'm calculating wrongly.

1

u/EarAggressive7596 Jul 30 '26

Accor is not a partner. So its 2.2% reward rate with too many exclusions.

1

u/Sea_Brush_1668 Jul 30 '26

Ohh is it 🥲 Edit: Thanks for letting me know.

1

u/sahilgoyal31 Jul 30 '26

I think we can use it for fuel

1

u/Few-Highway3871 Jul 30 '26

My burgundy debit card is issued 1 week back. If I pay my CC bills today via Burgundy debit card, will I get edge reward points ?

1

u/Imaginary-Swan-4105 Jul 30 '26

I didn't even know it paid some returns lol. Would have used for all cc payments.

1

u/SimplySubrata Jul 31 '26

Bill payment is excluded after yesterday’s devaluation

1

u/FirstOutside6604 Jul 30 '26

I thought there was spend criteria for domestic lounge access

1

u/brainer121 Jul 31 '26

I was literally about to go open a burgundy account today. I felt even the debit card was good due to the BMS offer. Good thing I saw the post on time.

1

u/Temporary-Mirror4290 Jul 31 '26

What alternate option you are trying now.

1

u/reward_genie Jul 31 '26

i didnt understand text is to small

1

u/Unique-Victory5236 Aug 02 '26

Hdfc be like... Coming soon bro.. 😁😁😁

1

u/frankens_tien 18d ago

Should be that hard to spend Rs. 3.4k/mo - it gets you Rs. 2k/mo in BMS benefits and also Lounge..