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 necessary changes.

General Note:​

Redemption calculations are assumptions for illustrative purposes and may vary. Please confirm specific terms directly with card issuers.

---

Terminology:​

• EM: Edge Miles (Axis Rewards)
• RP: Reward Points (HDFC Rewards)
• FYF: First Year Free
• JF: Joining Fee
• LTF: Lifetime Free
• AF: Annual Fee
• BV: Brand Vouchers (e.g., Regalia Gold Milestone Benefit)
• SFV: SmartBuy Flight Voucher...

• helloworld
• Replies: 47
• Forum: Credit Card Comparison

• 
• 

: )

 

[Ra.One]

naya notice aaya hai bhailogon 🫠

 

[Ra.One]

naya notice aaya hai bhailogon 🫠

redemption fee for transferring points @ ₹199 per transaction 🥲

 

[AlphaCAT]

redemption fee for transferring points @ ₹199 per transaction 🥲

Chindi AxeShit !!

 

[HumorSimpson]

redemption fee for transferring points @ ₹199 per transaction 🥲

 

[Riva]

Worse than the 199 redemption fee is the addition of 1% fee on education payments.

 

[sid16]

Worse than the 199 redemption fee is the addition of 1% fee on education payments.

No, it is justified. People abuse it for money rotation..

 

[Riva]

No, it is justified. People abuse it for money rotation..

True.. but genuine spenders suffer.

 

[saniruidas]

Axis Bank imposed 1% + GST on utility spending per month more than 25k by per card . Even utility card also Airtel Axis and Ace.

 

[helloworld]

Axis Bank imposed 1% + GST on utility spending per month more than 25k by per card . Even utility card also Airtel Axis and Ace.

25k is enough for personal usage, IMO.

 

[_ayush]

25k is enough for personal usage, IMO.

Dont think so. If you have family health insurance, it usually goes much higher than 25k.

 

[helloworld]

Dont think so. If you have family health insurance, it usually goes much higher than 25k.

technically insurance is not part of utility. my comment specifically related to utilities.

ex: gas, electricity etc.

MCCs are different as per Visa or mastercard.

Agree, in your case not sufficient.

 

[saniruidas]

25k is enough for personal usage, IMO.

If you include all bill electricity,gas , water, DTH... Not much 25k

 

[helloworld]

If you include all bill electricity,gas , water, DTH... Not much 25k

for a single household??

My assumption:

Gas = 1000rs. (possible for two months once)
Electricity = 2500rs. - 3500rs.
Internet = 1000rs.
Prepaid = 4x400 = 1600rs. (4 SIMs)
DTH = 1000rs.
Water = 3000rs.

---------------
(these are way high bills) = 11K...

I agree individual consumption may vary and increase the price but my assumption is based on personal credit card for personal usage (domestic home purpose) and for 4-6 members.