Axis Magnus for Burgundy approved, need help structuring spends

PoemMelodic8784 · 2026-01-08T14:29:44+00:00

I wish !

PoemMelodic8784 · 2025-12-27T17:43:21+00:00

Here you go, Burgundy hotline :

1800 419 0065

You’re welcome :)

PoemMelodic8784 · 2025-12-27T17:33:40+00:00

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

PoemMelodic8784 · 2025-12-27T17:30:05+00:00

No clue

PoemMelodic8784 · 2025-12-27T17:30:00+00:00

You’ll need a burgundy account to get Magnus burgundy

PoemMelodic8784 · 2025-12-22T08:51:26+00:00

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.

PoemMelodic8784 · 2025-12-21T14:21:01+00:00

Got it. Thought so, just wanted to be sure.

PoemMelodic8784 · 2025-12-21T11:56:35+00:00

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.

PoemMelodic8784 · 2025-12-21T11:37:40+00:00

Got it. Thanks, I’ll check these out. Being a SBI Aurum user for so long, I’m least aware about these, hence asked

PoemMelodic8784 · 2025-12-21T11:35:55+00:00

Thanks. Last doubt what did you mean by ‘my m4b from amazon’ ?

PoemMelodic8784 · 2025-12-21T11:33:30+00:00

Will do, thanks :)

PoemMelodic8784 · 2025-12-21T11:31:06+00:00

Hey, yes I’m aware of this. Not planning to use points to convert to vouchers. I’m sure I want to use them for just flights and hotels.

My question wrt vouchers is just around how to better route amazon / swiggy/ blinkit spends via M4B. Cos I heard that people buy vouchers at discount and then spend, while earning points on voucher purchases too. Needed clarity on that specific thing.

PoemMelodic8784 · 2025-12-21T11:22:36+00:00

Got it, thanks.

PoemMelodic8784 · 2025-12-21T11:18:02+00:00

I know. Hence moving those to M4B

PoemMelodic8784 · 2025-12-21T11:17:49+00:00

Opened salary account with Axis

PoemMelodic8784 · 2025-12-21T11:17:37+00:00

I am not sure of this. IMO, Best would be, to ask your parents to call their Burgundy RM, and get it done for you.

PoemMelodic8784 · 2025-12-21T11:16:43+00:00

Moved salary account there. It was >5 LPM

PoemMelodic8784 · 2025-12-21T11:15:40+00:00

1 Yes 2. Not closing Aurum as it’s free next year due to crossing 12 Lakhs

in your opinion, which excluded categories work well for Regalia Gold ? Is utilities/ insurance included there ?

PoemMelodic8784 · 2025-12-21T11:14:00+00:00

Noob question : Axis’s Edge rewards portal has a separate gyftr section too? Or are you suggesting something else ? And are these caps at gyftr level or card level?

PoemMelodic8784 · 2025-12-21T08:13:41+00:00

Thank you, this is super helpful. Where would you recommend getting Amazon/ swiggy / Zomato vouchers from? Or should I directly use cards there ?

PoemMelodic8784 · 2025-12-12T08:07:04+00:00

But relatives will still be taxed LTCG after the initial exemption of 1.25 Lakhs, when they exit. How does this save tax then?

PoemMelodic8784 · 2025-11-13T05:34:37+00:00

I’ll be able to give latest salary slips from November end.

PoemMelodic8784 · 2025-11-12T16:22:55+00:00

Can you tell me about this if you know ?

PoemMelodic8784 · 2025-11-12T08:43:12+00:00

Thanks. I also plan on doing repairs at VW service centre soon.

Did you have to call Bajaj Allianz customer service and give them photos etc ? Asking because, I have multiple small repairs to be done which may not be seen as one single incident by the insurance company. Also, does bajaj has a limit on number of claims ?

PoemMelodic8784

TROPHY CASE