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

[PSC_Infinia]

If you can genuinely spend 7.5 lakhs in a year, then yes it's worth it, as a paid card.

Regarding LTF, in past it was LTF only for burgundy customer

 

[vaibhav111vaibhav111 is verified member.]

Axis atlas - 6.6% Gains
Yearly spends - 3,50,000/-
3,50,000/100*2 ‎ = 7,000EM
7,000*2 ‎ = 14,000PARTNER (NORMAL SPENDS)
2,500*2 ‎ = 5,000PARTNER (MILESTONE)
2,000*2 ‎ = 4,000PARTNER (HOTELS & FLIGHTS)
TOTAL 23,000/- PARTNER POINTS

• Normal Spends (2 EDGE Miles per Rs. 100):
  
  • Annual spends: Rs. 3,50,000
  • Earn rate: 2 EDGE Miles per Rs. 100
  • Total EDGE Miles from normal spends: 3,50,000100×2=7,000\frac{3,50,000}{100} \times 2 = 7,0001003,50,000×2=7,000 EDGE Miles
  • Partner conversion: 7,000×2=14,0007,000 \times 2 = 14,0007,000×2=14,000 Partner Miles
• Milestone Benefit:
  
  • Rs. 3 lakh milestone reward: 2,500 EDGE Miles
  • Partner conversion: 2,500×2=5,0002,500 \times 2 = 5,0002,500×2=5,000 Partner Miles
• Hotel & Flight Spends (5 EDGE Miles per Rs. 100):
  
  • Assuming Rs. 40,000 is spent on travel (flights/hotels) to maximize 5 EDGE Miles per Rs. 100.
  • Total EDGE Miles: 40,000100×5=2,000\frac{40,000}{100} \times 5 = 2,00010040,000×5=2,000 EDGE Miles
  • Partner conversion: 2,000×2=4,0002,000 \times 2 = 4,0002,000×2=4,000 Partner Miles
• Total Partner Points:
  
  • Normal Spends: 14,000 Partner Miles
  • Milestone: 5,000 Partner Miles
  • Travel Spends: 4,000 Partner Miles
  • Total: 23,000 Partner Points
    
    so my calculation is correct?

 

[MVC]

Axis atlas - 6.6% Gains
Yearly spends - 3,50,000/-
3,50,000/100*2 ‎ = 7,000EM
7,000*2 ‎ = 14,000PARTNER (NORMAL SPENDS)
2,500*2 ‎ = 5,000PARTNER (MILESTONE)
2,000*2 ‎ = 4,000PARTNER (HOTELS & FLIGHTS)
TOTAL 23,000/- PARTNER POINTS

• Normal Spends (2 EDGE Miles per Rs. 100):
  • Annual spends: Rs. 3,50,000
  • Earn rate: 2 EDGE Miles per Rs. 100
  • Total EDGE Miles from normal spends: 3,50,000100×2=7,000\frac{3,50,000}{100} \times 2 = 7,0001003,50,000×2=7,000 EDGE Miles
  • Partner conversion: 7,000×2=14,0007,000 \times 2 = 14,0007,000×2=14,000 Partner Miles
• Milestone Benefit:
  • Rs. 3 lakh milestone reward: 2,500 EDGE Miles
  • Partner conversion: 2,500×2=5,0002,500 \times 2 = 5,0002,500×2=5,000 Partner Miles
• Hotel & Flight Spends (5 EDGE Miles per Rs. 100):
  • Assuming Rs. 40,000 is spent on travel (flights/hotels) to maximize 5 EDGE Miles per Rs. 100.
  • Total EDGE Miles: 40,000100×5=2,000\frac{40,000}{100} \times 5 = 2,00010040,000×5=2,000 EDGE Miles
  • Partner conversion: 2,000×2=4,0002,000 \times 2 = 4,0002,000×2=4,000 Partner Miles
• Total Partner Points:
  • Normal Spends: 14,000 Partner Miles
  • Milestone: 5,000 Partner Miles
  • Travel Spends: 4,000 Partner Miles
  • Total: 23,000 Partner Points
    
    so my calculation is correct?

23k points can be converted to most rewarding points

I think Accor give 2x so it’ll be 46k points and even
1 accor point is 1.82 Rupees

So these are worth 46k x 1.82 = 83720 Rupees

 

[ujjwal2024]

23k points can be converted to most rewarding points

I think Accor give 2x so it’ll be 46k points and even
1 accor point is 1.82 Rupees

So these are worth 46k x 1.82 = 83720 Rupees

Atlas gives 2 points in Rs. 100 spend
Hence, For 3,50,000 Spend, it will give 7000 Points
Now transfer ratio to accor is 1:2
Hence, it will give 14,000 Accor points
2000 accor point = 40 euro = Rs. 3600 or 1 accor point = Rs. 1.8
Hence, 14000 accor point = Rs. 25,200
Return is 7.2% (not considering the annual fee)
considering the annual fees, net gain us Rs,19300
Return = 5.5%

Now, for mixed spending 23,000 accor point = Rs. 41,200
Return is 41200 / 390000 *100 = 10.61 % ( not considering the annual fee of Rs. 5900)
considering annual fee, the net gain is Rs. 35300
Return = 9%

 

[PSC_Infinia]

If we buy APGV from Grabdeals via Atlas, does it give points?

 

[canitintuli]

If we buy APGV from Grabdeals via Atlas, does it give points?

It will only give regular points.

 

[helloworld]

Axis atlas - 6.6% Gains
Yearly spends - 3,50,000/-
3,50,000/100*2 ‎ = 7,000EM
7,000*2 ‎ = 14,000PARTNER (NORMAL SPENDS)
2,500*2 ‎ = 5,000PARTNER (MILESTONE)
2,000*2 ‎ = 4,000PARTNER (HOTELS & FLIGHTS)
TOTAL 23,000/- PARTNER POINTS

• Normal Spends (2 EDGE Miles per Rs. 100):
  • Annual spends: Rs. 3,50,000
  • Earn rate: 2 EDGE Miles per Rs. 100
  • Total EDGE Miles from normal spends: 3,50,000100×2=7,000\frac{3,50,000}{100} \times 2 = 7,0001003,50,000×2=7,000 EDGE Miles
  • Partner conversion: 7,000×2=14,0007,000 \times 2 = 14,0007,000×2=14,000 Partner Miles
• Milestone Benefit:
  • Rs. 3 lakh milestone reward: 2,500 EDGE Miles
  • Partner conversion: 2,500×2=5,0002,500 \times 2 = 5,0002,500×2=5,000 Partner Miles
• Hotel & Flight Spends (5 EDGE Miles per Rs. 100):
  • Assuming Rs. 40,000 is spent on travel (flights/hotels) to maximize 5 EDGE Miles per Rs. 100.
  • Total EDGE Miles: 40,000100×5=2,000\frac{40,000}{100} \times 5 = 2,00010040,000×5=2,000 EDGE Miles
  • Partner conversion: 2,000×2=4,0002,000 \times 2 = 4,0002,000×2=4,000 Partner Miles
• Total Partner Points:
  • Normal Spends: 14,000 Partner Miles
  • Milestone: 5,000 Partner Miles
  • Travel Spends: 4,000 Partner Miles
  • Total: 23,000 Partner Points
    
    so my calculation is correct?

Thread 'AXIS Atlas vs HDFC Regalia Gold vs AXIS Horizon'

May 11, 2024

This is a wiki post, so anyone with appropriate permissions can edit and make required changes.

Redemption calculations are complicated, so take it for assumption purpose only.

CATEGORY	ATLAS	HORIZON	REGALIA GOLD
Joining Fee	₹ 5900	₹ 3540	₹ 2950 (or FYF/LTF)
Welcome Benefit	2.5K EDGE Miles (EM)^	5K EM	2500 Voucher if Fee Paid (Net: -₹ 450)
Annual Fee	₹ 5900	₹...

• helloworld
• Replies: 29
• Forum: Credit Card Comparison

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