Axis Atlas devaluation scenarios

[Walter White]

Disclaimer: This post is created only for speculative purpose

With next FY nearby, Atlas is expected to be one of the Axis cards with the highest probability of devaluation and given the fact Axis hasn't devalued it as much as their other HNI cards, it's highly likely in the firing line.

Possible Scenarios:

Case 1: Business As Usual

Bank continues to keep the card at the same reward structure and set of exclusions.

Probability: 10%

Case 2: Soft Landing

Bank cuts the usual culprits (Rent, Education, Utility, Government Spends) from miles and rewards earning and puts caps on accelerated spends. Not the best scenario but still keeps card competitive.

Probability: 20%

Case 3: Realist

Bank excludes usual culprits and cuts reward rate in half as bank is bleeding money because of unsustainable reward structure. Maybe useful for some, but makes the card no longer viable for majority.

Probability: 40%

Case 4: Bazooka Cut

Bank decides to give up on this card. Usual culprits removed. Reward rates cut into half and transfer ratios reduced as well. Given what has happened to Magnus and Reserve, won't be something unexpected and also taking into consideration that Axis is not a bank that believes in soft landing contrary to the approach HDFC has been taking over the years.

Probability: 30%

Feel free to add your opinions.

 

[msankadi]

Below is just my opinion...I understand if you disagree

Better to focus time and efforts on either increasing incoming funds through professional life or incoming hapiness through personal life....

I have been in the cards "game" for close to 15 years now and the names keep changing but if you are at the top of the chain you will get the best card....let the banks do the mathapacchi of continuous increasing and decreasing the value props...why bother simulating for them unless you are into it as a business

 

[Harry1]

who is this chapri? some MD of axis bank, these people create hype on twitter coz to gain follower n cards get devaluated

He has some contact of senior Axis official. I have seen his tweets in past has been true. So it's a reliable source.

 

[MilesMax]

He has some contact of senior Axis official. I have seen his tweets in past has been true. So it's a reliable source.

I have been following his tweets too. It's mostly hit or miss. He has been predicting Atlas devaluation from many months now claiming he has insider information, it's still not happened yet though.

 

[Harry1]

I have been following his tweets too. It's mostly hit or miss. He has been predicting Atlas devaluation from many months now claiming he has insider information, it's still not happened yet though.

Yeah, but he can tell only what his contact knows. He actually doesn't tell even in full what he knows.

Now, obviously things change as u go around. Remember the leaked magnus devaluation notes. It was so much different than final version.

In the end, it's upto you on how much weight u want to give to his statement.

 

[sky_walker_rules]

He has some contact of senior Axis official. I have seen his tweets in past has been true. So it's a reliable source.

wow,crazy usp for someone 🙂

 

[Harry1]

Yeah, but he can tell only what his contact knows. He actually doesn't tell even in full what he knows.

Now, obviously things change as u go around. Remember the leaked magnus devaluation notes. It was so much different than final version.

In the end, it's upto you on how much weight u want to give to his statement.

Last few hours before another dhamaka 🤣. Considering BMS is not part of Atlas, it seems Magnus and Reserv also getting some devaluations.

 

[Deleted member 9785]

Below is just my opinion...I understand if you disagree

Better to focus time and efforts on either increasing incoming funds through professional life or incoming hapiness through personal life....

I have been in the cards "game" for close to 15 years now and the names keep changing but if you are at the top of the chain you will get the best card....let the banks do the mathapacchi of continuous increasing and decreasing the value props...why bother simulating for them unless you are into it as a business

well said man

 

[100Rabh_negi]

Game over. Let's prepare for card cancellation.

 

[kushhh]

Nice play @Walter White Bhai 🤪