Big News!
If you’ve been migrated from Citibank to Axis Bank, you can now earn up to 8% miles on your credit card bill payments!
Here’s why this is such an exciting opportunity:
Maximize Your Miles Earnings:
Axis Bank has implemented a system where a static value of 0.2 per Earn Rate (ER) is used. This setup is irrespective of the conversion ratios (5:4, 5:2, 5:1). This means you can earn an impressive 8% miles if you hold a Burgundy Debit Card (migrated from Citi Gold). This is an exceptional opportunity to earn miles at a significantly better rate.
Great for Magnus Cardholders:
If you hold a Magnus Burgundy or Magnus card, you can leverage this benefit and earn up to 8% miles on your credit card bill payments. The benefit of 4900 MCC is carried forward from Citi, making it a fantastic way to maximize your earnings.
Use the Right Platforms:
To make the most of this offer, you can use platforms like SBI Unipay or JioFinance that tag credit card payments as utilities. This will help you utilize the full potential of your miles earning rate.
Even Without Magnus Burgundy:
If you don’t have the Magnus Burgundy card, you can still benefit by applying for a Magnus card and converting miles at a 5:2 ratio. Even in the worst-case scenario, you’ll still earn 1.6% on your credit card bill payments, which is a significant return.
This is a great chance to enhance your rewards and make the most of your credit card payments.