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

[sid16]

Quick questions. If I make an advance tax payment on 15th April using Atlas and reach the platinum tier from current gold tier,
1. Will I get the base miles (since it is taking long for Axis to process them these days)?
2. Will I get the 10k miles?
3. How many miles will I get as a renewal benefit on card anniversary?

 

[praveensudhakaran]

Axis refunded 50% joining fee(20 days old Atlas card). I demand 100% refund and surrender and I am yet to get response.

Should I press it further or be happy with 50% and use 5000 airmiles?(not sure whether they will take it back)

 

[praveensudhakaran]

Axis refunded 50% joining fee(20 days old Atlas card). I demand 100% refund and surrender and I am yet to get response.

Should I press it further or be happy with 50% and use 5000 airmiles?(not sure whether they will take it back)

@SSV @DocFixIt @tech1 @ and all

 

[SSV]

Axis refunded 50% joining fee(20 days old Atlas card). I demand 100% refund and surrender and I am yet to get response.

Should I press it further or be happy with 50% and use 5000 airmiles?(not sure whether they will take it back)

Axis refunded 50% joining fee(20 days old Atlas card). I demand 100% refund and surrender and I am yet to get response.

Should I press it further or be happy with 50% and use 5000 airmiles?(not sure whether they will take it back)

Be happy with what you got and try to use it as much as possible in your favour..
DOnt accumulate airmiles, frequently transafer them..

 

[VasukiVasuki is verified member.]

Axis refunded 50% joining fee(20 days old Atlas card). I demand 100% refund and surrender and I am yet to get response.

Should I press it further or be happy with 50% and use 5000 airmiles?(not sure whether they will take it back)

Is your card closed ?
Fees deducted?
Em credited?
Did u do any transaction ?
Activation of card ?

 

[maverickgenius]

Quick questions. If I make an advance tax payment on 15th April using Atlas and reach the platinum tier from current gold tier,
1. Will I get the base miles (since it is taking long for Axis to process them these days)?
2. Will I get the 10k miles?
3. How many miles will I get as a renewal benefit on card anniversary?

1. Yes
2. Yes
3. 5k

 

[praveensudhakaran]

Is your card closed ? NO
Fees deducted? YET TO PAY FEES, BUT THEY REFUND 2950
Em credited? YES
Did u do any transaction ? YES, 2-3, YET TO GET FIRST BILL
Activation of card ? MARCH 2024

Response are inline ⏫️

 

[VasukiVasuki is verified member.]

Response are inline ⏫️

Then enjoy the card at half price .
Are you axis burgundy holder ?
Why did they refund ? Half

 

[praveensudhakaran]

Then enjoy the card at half price .
Are you axis burgundy holder ?
Why did they refund ? Half

I asked them about the devaluation, and told the card is not worth paying after devaluation.

 

[VasukiVasuki is verified member.]

I asked them about the devaluation, and told the card is not worth paying after devaluation.

Oh then great pick .
You are good
Keep the card for year ( even if dormant)
Don't close

 

[Deleted member 30446]

Is it a bad idea to use Axis Atlas as your primary card for other spends?

 

[SSV]

Is it a bad idea to use Axis Atlas as your primary card for other spends?

No not at all,
@drsel may advise you in how best the Atlas can be used

 

[Deleted member 30446]

No not at all,
@drsel may advise you in how best the Atlas can be used

I do spend about 4.6-6 lakhs on travel categories on trips to Singapore and Japan but I don’t currently have an Indian card that seems to give better cash-back on ‘Other’ spends.

 

[SSV]

I do spend about 4.6-6 lakhs on travel categories on trips to Singapore and Japan but I don’t currently have an Indian card that seems to give better cash-back on ‘Other’ spends.

what do you mean by other spends ?? examples??

 

[Deleted member 30446]

what do you mean by other spends ?? examples??

Random purchases made in physical stores and online sites. (I am unable to get SBI Cashback) e.x) Buying fastfood, purchasing clothes, shopping at dmart, uber, book shopping, and other various smaller retailers.

 

[drsel]

https://www.paisabazaar.com/credit-card/axis-atlas-devaluation/

A simple explanation of Atlas before and after devaluation in tabular form

 

[SSV]

Random purchases made in physical stores and online sites. (I am unable to get SBI Cashback) e.x) Buying fastfood, purchasing clothes, shopping at dmart, uber, book shopping, and other various smaller retailers.

what are your other cards in your portfolio?

 

[Deleted member 30446]

what are yor other cards in your portfolio?

Axis Atlas (paid), Axis Privilege (ltf), HDFC Tata Neu (ltf)

 

[SSV]

Axis Atlas (paid), Axis Privilege (ltf), HDFC Tata Neu (ltf)

you need more cards ..
whats the problem with sbi cb card?
how old is your cibil profile?income range and location?

 

[drsel]

https://www.paisabazaar.com/credit-card/axis-atlas-devaluation/

A simple explanation of Atlas before and after devaluation in tabular form

Axis made the complex tier based reward structure of Atlas even more complex after devaluation.

However paisabazaar tries to explain everything in simple terms