Atlas rent and bharatnxt rewards

[maynigam]

Hello guys
I recently converted my magnus to atlas card and have the following queries
1. Needed to make a 1 lakh payment via bank transfer. Can I use Atlas on bharatnxt or mobikwik wallet?
2. Need to pay 32k rent per month. Can I use Atlas on redgiraffe/bharatnxt/mobikwik wallet? What is the rate of return like?

Thanks in advance.

 

[ak1423]

Regarding 2nd point ..4% on rent..2-2.5% charges overall..won't be counted for milestone but will be given miles

 

[maynigam]

Regarding 2nd point ..4% on rent..2-2.5% charges overall..won't be counted for milestone but will be given miles

So rate of return will be 4% minus 1%(axis surcharge) minus Redgiraffe Fees right?

 

[coolguy1]

Can I use Atlas on bharatnxt or mobikwik wallet?

This is tricky, Axis has been suspending cards and taking away points in the name of business transactions.
If it's a small percentage of your total purchases, it should be fine but if it's one of your big purchases, I would skip it rather than risking the card.

 

[maynigam]

This is tricky, Axis has been suspending cards and taking away points in the name of business transactions.
If it's a small percentage of your total purchases, it should be fine but if it's one of your big purchases, I would skip it rather than risking the card.

Without warning or enquiry?

 

[ak1423]

So rate of return will be 4% minus 1%(axis surcharge) minus Redgiraffe Fees right?

Y e s