Re: The Credit Card Thread Quote:
Originally Posted by dheer4 Having used the Infinia and Magnus, I feel there is no value in Axis Reserve compared to the Magnus.
Reserve costs 59k where as Magnus costs 13k.
The main benefits which I felt were exclusive were the chauffeur service to the airport and Priority Pass for add-on holders.
Magnus reward point rate is 12pts/200 Rs where as Reserve has 15pts/200 Rs
The ROI rate makes no sense if you spend even 15l per year on the Reserve card.
The only advantage might be the 50,000 Signup points which you get but still does not make sense to spend 60k on a card per year.
Maybe it could make sense if you are a huge spender and spend a lot on hotels.
I still feel Magnus offers incredible value if you don't golf and don't travel more than 2 times internationally.
My current go to:
Magnus for 1l/Month
Infinia for add-on Priority Pass and Domestic flights/Hotels for transactions below 30k |
I agree with this except for a couple of scenarios.
For a normal spender - Yes, Magnus + Infinia is good enough for upto 20 Lacs spends.
But Infinia is losing value rapidly. I would rather continue using Magnus over Infinia even above 1 Lac, if I don't have the Reserve. (I actually do have the Reserve alongwith Infinia & Magnus). People should switch to Infinia only if they aren't comfortable with the Airmiles game.
Reserve got me a lot of reward points in just in one trip to USA of 14 days. My hotel stay itself was 1.3 lacs for those 14 Days. 30 ER points per Rs. 200 on it as against 12 ER on Magnus. Significant difference. Food, Travel and other spends was another Lac. This earned me points enough for couple of economy flight tickets worth $600 (Value of Tickets booked actually using equivalent points on that same trip).
Add to it, currently, Mumbai International Terminal has only the Loyalty Lounge for access through Credit Cards which is a pathetic lounge. Reserve got me access to Adani Lounge alongwith a Guest which Magnus or Infinia couldnt. This was courtesy the Meet & Greet Service. I know Magnus too has it but the Meet & Greet Package of Magnus and Reserve are different. The one with the Reserve comes with Lounge Access, while the one with Magnus doesnt.
The Accor Plus Membership comes with Two Stay Plus vouchers. These itself can get you a value of Rs. 15-20K easily. So I wouldnt say that Reserve doesnt provide value if someone is already holding a Magnus + Infinia combination. I am actually questioning the need to hold Infinia now. Just that, its not easy to get HDFC Super-Premium Cards as compared to Axis and that is why I am holding on to that card.
Flying out again next Sunday to another International destination with family. Will be able to confirm this as I have once again booked Meet & Greet thru Reserve. Quote:
Originally Posted by chandu Hi All,
I wanted to check if anyone has used the Axis Reserve credit card and how was the service for all the addons they provide.
It says that forex tx have a markup of 1.5% but it gives a higher rate of reward points for forex transactions. Is it really worth the 59K joining fees?
HDFC Infinia would be good but I do not bank with HDFC and that card is only on invite.
Thanks for your help.
chandu |
If you have forex transactions of more than 3-4 Lacs annually, go for Reserve. The increased reward rate is extremely good.
Last edited by tejas08 : 13th May 2023 at 14:41.
Reason: Additional Quote Added
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