Is the Axis Magnus Burgundy Card Worth It for E-Commerce Spending?

Hi all,
Is the Axis Magnus Burgundy card worth it for my average ₹2-3 lakh monthly spend on e-commerce and brand websites? Once I spend ₹1.5 lakhs, I’ll earn 32 points per ₹200 for the rest of the month. How do GrabDeals affect my points, for example, on Ajio?

1 Like

@Ankit Yes, it’s worth it. After spending ₹1.5 lakhs, you’ll earn 32 points per ₹200. GrabDeals can boost your points by up to 24% more. To get the card, you need a ₹30 lakh deposit or mutual fund investment and a ₹35,400 fee. It offers a 14% return on spending above ₹1.5 lakhs, with GrabDeals potentially increasing this return to 24%.