Axis Bank took over the the Miles & More co-branded credit cards portfolio in Q1 2013, and had been offering an accelerated bonus of up to 20000 miles on signing up the card before March 15, 2014 and spending at certain benchmarks. The promotion has now returned for a brief while, for card applications received till April 15, 2014. In summary, there are two Axis Bank Miles & More credit cards on offer: M&M Axis Bank MasterCard World: This is the lower version of the credit cards, and comes with 5000 miles after first transaction, and 4 miles for every INR 200 of eligible spend. The joining fee is INR 3,500 and the annual fee from the second year is…
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Miles & More/Axis Bank offer upto 50,000 miles bonus
A lot of readers have been barraged (by Internet advertisements!) and have asked me recently about the Lufthansa Miles & More Axis Bank credit card which was introduced in 2013. The truth is, I’ve been inquisitive for a long while myself, but I’d sought some clarification from the bank, who did not come back to me after repeated attempts over the past 30 days or so. Miles & More has had a rough patch in India all these years, shifting credit card issuance partners every now and then, first from Deutsche Bank which is a global partner, who sold off the portfolio to IndusInd Bank, and now the switch to Axis Bank. The Axis Bank Miles & More co-branded credit…