so for high end hotels revenue booking would make less sense
when you can burn magnus and infinia points
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Only Premium & Super Premium Cards Discussion
This is a closed group and meant for discussion on all kinds of Premium/Super Premium Cards having an annual fee above 5k for optimising spends. Please refrain from discussion about lower cards. Only serious members allowed for knowledge sharing.
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Axis Atlas
when you can burn magnus and infinia points
Is there any daily or monthly capping on atlas? If I book ₹10L in flights today directly on airline website, how many miles will I get?
LJGIBBS
TF Ace
50000 Normal Miles, 2500 + 5000 = 7500 accelerated miles. Total 57,500 EM.
drsel
TF Prestige
Has anyone received 2500 + 5000 = 7500 Atlas edge miles = 15000 points for spending 7.5 lacs?
Has anyone received 2500 + 2500 = 5000 Atlas edge miles = 10000 points for spending 7.5 lacs?
LJGIBBS
TF Ace
I may have seen it on twitter. Anyway, the logic goes like, for 3L spends you get 2500 EM, then for next 4.5L spend, why would they give less reward?
Bhai, you will get 2500 EM for 3L spend and 5000 EM additional on 7.5L spend…
Yes .... have received all ...
Welcome 5K + Milestone 2.5K + 5K + 10K
drsel
TF Prestige
Wow, with such fabulous offers from Axis & smart customers like you, Amex will have a tough time selling Amex MRCC, Amex gold and Amex Platinum Travel cards
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Why?
MRCC & GOLD are 6K per month card for me ...
Travel Plat is a 4L card ....
All can co-exist if u plan a good credit card portfolio to match your spending pattern
drsel
TF Prestige
How do you manufacture spends more than 15 lakhs?
drsel
TF Prestige
Wow 22500 Atlas edge miles = 45000 points?
I can't justify your assumption ...
drsel
TF Prestige
Okay I will rephrase--how do you manage to spend more than 20 lacs in a year?
Thats the key of whole Mile game. If you consider budget hotels or economy flight tickets, you never justify miles/hotel points, but if you go for premium one, you will never look behind for revenue
Yes. If you want to book mid range and budget hotels, then better to go for Cashback cards. Anirban had posted one post about cashback game vs miles game
Value derived from Miles / points game is much higher when you book premium properties than booking mid range properties
Value derived from Miles / points game is much higher when you book premium properties than booking mid range properties
drsel
TF Prestige
Ageed, that is because the business class tickets and premium properties are over priced for cash payment anyway.
But I look at value and I know that a little better is much more expensive, (and not the price I am willing to pay).
For example I would be willing to pay only 20% more for a business class ticket, 25% more for 4* and 50% more for a 5* Hotel.
Because we are outside sightseeing the whole day and spend only 8 hours at night in the hotel (to sleep)
Yes Premium properties are overpriced. Which is exactly why there is lot of value in using points as paying cash does not make sense (except for a few ultra rich folks). Using points makes it easier to experience it which was otherwise not possible. Thats what makes it a high value.
Value attached here is of experience and not utility
There is an exclusivity element in all this - which people pay for. If Business class was only 20% more, then everyone would be taking business class and everyone would be staying in five star hotels. Which is not possible in real world.
drsel
TF Prestige
Yes, 4.00--6.33% return based on target spends
Yes, 10.00--12.33% return based on target spends
Yes, 10.00--12.33% return based on target spends.
No, Magnus Burgundy is better for Traveledge 24.00% (but 10% markup in price). Also for Gyftr and Grabdeals
10% markup is incorrect. It varies. I have seen from few rupees to few hundreds. Not till 10%. But yes slightly more than other portals.
