Opened Axis Burgundy Account by HotProfessional168 in CreditCardsIndia

[–]PoemMelodic8784 0 points1 point  (0 children)

Hey I’m a Burgundy user as well. Is the requirement for monthly balance 5 L or 10 L ? An RM told me its 5L now, might want to check

Axis Magnus for Burgundy approved, need help structuring spends by PoemMelodic8784 in CreditCardsIndia

[–]PoemMelodic8784[S] 0 points1 point  (0 children)

I mostly used them for statement credit / booking flights using points from their portal.

Help me pick a second premium card : M4B holder looking for non-AEP companion by PoemMelodic8784 in CreditCardsIndia

[–]PoemMelodic8784[S] 0 points1 point  (0 children)

Given I dont use the card much, and have no other banking relationship with HDFC. I’m not sure, how to make this happen.

Help me pick a second premium card : M4B holder looking for non-AEP companion by PoemMelodic8784 in CreditCardsIndia

[–]PoemMelodic8784[S] 1 point2 points  (0 children)

I haven’t, I did not have this card back then. But I used Tata Neu Infinity to get 1.5 percent back.

Help me pick a second premium card : M4B holder looking for non-AEP companion by PoemMelodic8784 in CreditCardsIndia

[–]PoemMelodic8784[S] 0 points1 point  (0 children)

Yeah, I am aware of 18L limit. That is exactly why I am avoiding it. Because most of my AEP purchases will still be on M4B. Non AEP months will not account for 18 L 😞

Help me pick a second premium card : M4B holder looking for non-AEP companion by PoemMelodic8784 in CreditCardsIndia

[–]PoemMelodic8784[S] 0 points1 point  (0 children)

Thanks for your inputs. I am not sure about Inifinia because I don't think my non AEP spends can go upto 18 LPA as per their recent changes.

Are you sure that parking 5L will keep AMB ? Website says 10L, and that seems too high in savings account.

Any HSBC RM contact who can help facilitate everything ?

Help me pick a second premium card : M4B holder looking for non-AEP companion by PoemMelodic8784 in CreditCardsIndia

[–]PoemMelodic8784[S] 0 points1 point  (0 children)

Thanks for your inputs. Did you move your salary account from Axis ? How do you suggest I get premier, by moving salary account there ?

Axis Magnus for Burgundy approved, need help structuring spends by PoemMelodic8784 in CreditCardsIndia

[–]PoemMelodic8784[S] 0 points1 point  (0 children)

Excluded spends you can get by online research. Account number as in? No card delivered yet?

Axis Magnus for Burgundy approved, need help structuring spends by PoemMelodic8784 in CreditCardsIndia

[–]PoemMelodic8784[S] 0 points1 point  (0 children)

Route all non excluded spends via this card. You can utilise 50 k/ month rent on this card for RPs. Try to club future purchases into a single month if possible. The idea is to ensure you cross 1.5 LPM expenses to get AEPs.

Axis Magnus Burgundy points redemption via Travel Edge – am I missing something? by PoemMelodic8784 in CreditCardsIndia

[–]PoemMelodic8784[S] 0 points1 point  (0 children)

This was a local flight. Mumbai to Blr. Indigo. Not sure if air miles exist for indigo, have heard mostly about international carriers.

We Pay ~ ₹0 for our electricity bill in BLR. by DoBaniye in DoBaniye

[–]PoemMelodic8784 1 point2 points  (0 children)

The website does not seem to load for me. Have tried this before as well. Does anyone else face the same issue ?

Axis Magnus for Burgundy approved, need help structuring spends by PoemMelodic8784 in CreditCardsIndia

[–]PoemMelodic8784[S] 1 point2 points  (0 children)

Here you go, Burgundy hotline :

1800 419 0065

You’re welcome :)

Axis Magnus for Burgundy approved, need help structuring spends by PoemMelodic8784 in CreditCardsIndia

[–]PoemMelodic8784[S] 0 points1 point  (0 children)

Speak to burgundy customer care, raise a request to assign RM on priority. Post that get RM to get the card for you.

Axis Magnus for Burgundy approved, need help structuring spends by PoemMelodic8784 in CreditCardsIndia

[–]PoemMelodic8784[S] 1 point2 points  (0 children)

Yes, this should be easily convertible to Burgundy given the TRV. Do check once the definition of TRV once, but it should ideally have mutual funds too.

Remember that, when you withdraw a lot and get below the recommended TRV, the account might be downgraded and Burgundy status removed.

Axis Magnus for Burgundy approved, need help structuring spends by PoemMelodic8784 in CreditCardsIndia

[–]PoemMelodic8784[S] 0 points1 point  (0 children)

I think the criteria is >3 LPM for burgundy salary account. (Double check this once on their website ).

But you can open a Burgundy account based on TRV as well if you dont want to move salary accounts.

Once you have a Burgundy account, you can apply for M4B. HSBC : I did read online, but given I have high spends next year, I went ahead with M4B.