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:
Offer Fulfilled
This offer was fulfilled on 22nd December 2022. Bonus EDGE RP credited to accounts.
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 Type | Targeted |
| 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 |
| Magnus | Rs 62,500 | 7500 |
| Select, Signature | Rs 50,000 | 5000 |
| Privilege | Rs 30,000 | 3000 |
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.
Final Thoughts
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.
9 thoughts on “Get 3X EDGE Rewards on all spends with Axis Bank Premium Credit Cards”
Hey, is this card available for NRIs as well ? If not which other credit cards would NRIs be eligible for ?
Yes, the Magnus is issued to NRIs as well.
Hi,
Are fuel spends regarded for the 25000 RP milestone?
Yes, they are. Only wallet loads are excluded as per official T&C.
If we enroll for this, will we get 5x/10x rewards for deals on grabdeals or will it only be 3x since Axis mentions only 1 offer will be applied
Even though Axis says no two offers can be combined, I feel it will still work fine. The reason is it is a little difficult to do this kind of check for every transaction.
But, assume otherwise and you will be happy if the double/triple dip works fine. We can never accurately predict these things. 🙂
Hi
I did not get the promo Targeted email. However I gave a missed call to the mentioned number and got back an SMS:
Dear customer, we heard your request! Axis Bank Dil se Open celebration brings you 3X EDGE REWARD Points on PRIVILEGE, SELECT, RESERVE, MAGNUS, SIGNATURE, INFINITE & BURGUNDY PRIVATE Credit Cards, valid till Oct 31, 2022. Offer eligible if requested from registered mobile number. T&C Apply.
Hope I am registered now? Did you get any other SMS?
Hi Vish, Yes this is the confirmation SMS. 🙂
Thanks much!