Axis Bank is the flavor of the season. After adding the option to transfer EDGE Rewards to airlines and hotels, we now have an accelerated rewards offer. Axis Bank has launched a 3X EDGE Rewards promotional offer. This is also Axis Bank’s Diwali 2022 offer as they had such offers in the past for the festive season. Here are all the details on the offer:
Axis Bank Diwali 2022 Offer: 3X EDGE Reward Points
|Offer||Get 3X EDGE Reward Points on all spends using Axis Bank credit cards|
|Eligible Credit Cards||Burgundy Private, Magnus, Reserve, Privilege, Select and Signature|
|Offer Validity||15th September to 31st October 2022|
|Fulfillment||By 31st January 2023|
|Minimum Spends||Rs 10000|
|Offer Link||Axis Bank Offer|
|T&C||Axis Bank T&C|
How to register?
Give a missed call on 99660 24900 from your registered mobile number. You will get a confirmation SMS.
What will be the 3X Earn Rate on the eligible cards?
|Credit Card||Regular Earn Rate||3X Earn Rate|
|Burgundy Private, Reserve||15 RP/Rs 200 ~1.5%||45 RP/Rs 200 ~4.5%|
|Magnus||12 RP/Rs 200 ~1.2%||36 RP/Rs 200 ~3.6%|
|Select, Signature, Privilege||10 RP/Rs 200 ~1%||10 RP/Rs 200 ~3%|
Maximum Cap on Bonus EDGE Rewards
The Burgundy Private and Reserve get the highest cap. Magnus is also well placed with a 7500 EDGE RP cap. We also get 25000 EDGE reward points on Rs 1 Lakh spend with the Magnus. So, I would consider this to be a great deal.
|Credit Card||Maximum Spends||Bonus EDGE Reward Points Cap|
|Burgundy Private, Reserve||Rs 1.5 Lakhs||22500|
|Select, Signature||Rs 50,000||5000|
Are all spending eligible?
Any purchases that are excluded from earning EDGE rewards will not be eligible for this offer. So, purchases like fuel, wallet transactions, and jewelry spending will not get 3X EDGE rewards.
This is an excellent offer from Axis Bank. Reserve and Magnus are best placed to take advantage of this offer. This time around, the deal is sweeter even for Airmiles enthusiasts. With the option to transfer EDGE Rewards to hotels and airlines, we can get a better value for EDGE reward points.
Axis Bank is the partner for the upcoming sale on Flipkart. So, we can use our cards and get an even better deal. Do register for the offer as soon as possible because spending counts only after we register. If you do not receive a confirmation SMS after giving a missed call, then disable DND on your registered mobile number and try again.