Devaluation Axis Atlas Credit Card Huge Devaluation Effective From 20th April 2024

[JSFinance]

Atlas was not giving miles for rent greater than 50k earlier and rent spends were not counting for milestones as well.
Do we still get miles for less than 50k rent payment using Atlas ?

 

[akash2401akash2401 is verified member.]

Can u clear me that if let’s assume I’m in silver tier and in a current yr i spent only 4L … so upon renewal by paying 5900 fees I’ll be not getting a single edge mile ?????

Yes seems so

 

[blaze]

Atlas was not giving miles for rent greater than 50k earlier and rent spends were not counting for milestones as well.
Do we still get miles for less than 50k rent payment using Atlas ?

Nope, only education payment is left now

 

[chiggybansal1]

IN easy language I want to ask, Is this card still good based on rewards rate if we hit 15 lakh in a year.

 

[rogerthat]

IN easy language I want to ask, Is this card still good based on rewards rate if we hit 15 lakh in a year.

If you are into the Airmiles game and travel internationally, yes it is.

 

[chiggybansal1]

If you are into the Airmiles game and travel internationally, yes it is.

Have not taken any flight till now! Ye sochta tha ki meet and greet use krunga but they discontinued😢, I basically have high spends (Rotation on amazon, flipkart and others) so tell me which would be the best card.

 

[hysteriadoc]

IN easy language I want to ask, Is this card still good based on rewards rate if we hit 15 lakh in a year.

Atlas is not worthy to hit 15 L milestone now as milestone EMs are reduced, annual benefit is reduced and also Airport pick&drop & Concierge have been removed. Its better to hit till 7.5 lakh milestone then shift spends to another milestone credit card such as Vistara or Amex Plat Travel or any other. Also, does anyone know of any such milestone credit cards apart from these 3 ? Please tell me.

 

[chiggybansal1]

Atlas is not worthy to hit 15 L milestone now as milestone EMs are reduced, annual benefit is reduced and also Airport pick&drop & Concierge have been removed. Its better to hit till 7.5 lakh milestone then shift spends to another milestone credit card such as Vistara or Amex Plat Travel or any other. Also, does anyone know of any such milestone credit cards apart from these 3 ? Please tell me.

I will also create a new thread regarding this, as I already hit plat travel milestone, did not took vistara devalued. Now, I will only take Axis card for bank discounts or Magnus bhi bnd krwaunga kuch nhi rha isme.

 

[Deleted member 28970]

IN easy language I want to ask, Is this card still good based on rewards rate if we hit 15 lakh in a year.

Yes still now best … it’s just the reward rate has decreased slightly… but if you not getting infinia and have a spend of 15L then surely do it on ATLAS .

 

[Deleted member 28970]

I will also create a new thread regarding this, as I already hit plat travel milestone, did not took vistara devalued. Now, I will only take Axis card for bank discounts or Magnus bhi bnd krwaunga kuch nhi rha isme.

Go for sbi vistara prime if u want a vistara card …… nothing much has been devalued there …

 

[PSC_Infinia]

Go for sbi vistara prime if u want a vistara card …… nothing much has been devalued there …

Are we still getting Silver tier membership as long as we hold the prime card?

 

[Deleted member 28970]

Are we still getting Silver tier membership as long as we hold the prime card?

yes absolutely … holding both axis vistara signature and sbi vistara prime

 

[JSFinance]

IN easy language I want to ask, Is this card still good based on rewards rate if we hit 15 lakh in a year.

Nope. 7.5 Lacs is still good. 15 Lac is ok if you use accor hotels.

Axis ATLAS	Gold Tier	Platinum Tier
Welcome Miles	5000	5000
Milestone Miles	5000	10000
Spend Miles	15000	30000
Total Miles	25000	45000
Accor Points ( Miles * 2 )	50000	90000
Accor Value ( Points*1.8 )	90000	162000
Net Value back %	12	10.8

 

[rogerthat]

Nope. 7.5 Lacs is still good.

Axis ATLAS	Gold Tier	Platinum Tier
Welcome Miles	5000	5000
Milestone Miles	5000	10000
Spend Miles	15000	30000
Total Miles	25000	45000
Accor Points ( Miles * 2 )	50000	90000
Accor Value ( Points*1.8 )	90000	162000
Net Value back %	12	10.8

Don't you need to subtract the joining and renewal fees+GST?

 

[JSFinance]

Don't you need to subtract the joining and renewal fees+GST?

Thanks for pointing out:

Axis ATLAS	Gold Tier	Renewal Gold	Platinum Tier
Welcome / Renewal Miles	5000	2500	5000
Milestone Miles	5000	5000	10000
Spend Miles	15000	15000	30000
Total Miles	25000	22500	45000
Accor Points ( Miles * 2 )	50000	45000	90000
Accor Value ( Points*1.8 )	90000	81000	162000
Joining Fees	5900	5900	5900
Net Value back %	11	10	10

 

[InquisitiveWhiz]

Thanks for pointing out:

Axis ATLAS	Gold Tier	Renewal Gold	Platinum Tier
Welcome / Renewal Miles	5000	2500	5000
Milestone Miles	5000	5000	10000
Spend Miles	15000	15000	30000
Total Miles	25000	22500	45000
Accor Points ( Miles * 2 )	50000	45000	90000
Accor Value ( Points*1.8 )	90000	81000	162000
Joining Fees	5900	5900	5900
Net Value back %	11	10	10

I think there is a transfer cap of 30K EM for accor as it falls in group A. So the return for platinum tier will be much lower. Happy to be corrected if wrong.

 

[JSFinance]

I think there is a transfer cap of 30K EM for accor as it falls in group A. So the return for platinum tier will be much lower. Happy to be corrected if wrong.

Actually, points cap is fixed for Jan-Dec cycle and does not depend on your card anniversary date. So, eventually you will be able to transfer points on 1st Jan next year if you already have transferred 30k in current year. Most of us would have card anniversary date after 1st Jan which means we will be able to transfer 30k and 15k in a card year. So in my opinion return would still be same as mentioned for platinum.

 

[CARDBITRAGE]

Actually, points cap is fixed for Jan-Dec cycle and does not depend on your card anniversary date. So, eventually you will be able to transfer points on 1st Jan next year if you already have transferred 30k in current year. Most of us would have card anniversary date after 1st Jan which means we will be able to transfer 30k and 15k in a card year. So in my opinion return would still be same as mentioned for platinum.

No point in holding points dormant in your account. It would suck big time if Axis further devalued the transfer ratios. Hence, I am limiting my spends to 7.5L(mostly travel) on the Atlas.

 

[Odugu Narasimha Rao]

Okay then can I use atlas credit card in utilities bill payments till 20 April to get miles ? I will do 6 lakhs payments in utilities before 20 April to get miles . And platinum tier is 6 lakhs away and will I get 10000 miles?

 

[JSFinance]

Okay then can I use atlas credit card in utilities bill payments till 20 April to get miles ? I will do 6 lakhs payments in utilities before 20 April to get miles . And platinum tier is 6 lakhs away and will I get 10000 miles?

Yup thats correct