HDFC Infinia reclaims top spot as Axis devalues Magnus credit card
Axis Magnus was a hugely sought-after credit card and offered one of the highest reward points in the world.
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Axis Magnus was a hugely sought-after credit card and offered one of the highest reward points in the world.
Axis Bank's prestigious Magnus credit card is set to lose some of its appeal as the bank devalues rewards and excludes certain payments from earning points. The changes will take effect from 1 September 2023, causing disappointment among users
That depends on the TRV threshold set by banks and charges associated with other services
Customers with high account balances or high relationship value can opt for such cards
The stock closed 1.57 per cent higher at Rs 772.60 against the previous close of Rs 760.65.