Only Premium & Super Premium Cards Discussion

[neogen]

Get Gold Charge to keep those MRs available
72k spends (4X1500k a month on that card won't be a problem)

Its yearly fee is similar to that of Amex Plat Travel. Shouldn't I keep Amex Plat Travel?

 

[neogen]

Atlas is obviously a good card for now. But here's the problem - if Axis doesn't do anything to fix the 90-120 day points crediting issue - that would create a huge trust problem with the bank. I personally wouldn't bank with them moving forward for a couple of miles more.

Does Atlas also take 90 120 days to credit points?

 

[neogen]

For normal spends, you would get only 4% on Atlas. On Magnus, by hitting 1l every month, you would get 7-8% return. I will use Atlas only for travel spends.

Exactly, for travel spends Atlas would ~10% correct? better than Magnus?

 

[Venky]

. I will use Atlas only for travel spends.

Makes sense. But correct me if I am wrong (commerce guy, math is not the strongest 😂)

Atlas- ₹10,00,000 spends
5EM/₹100
So that is 50,000 EM ie 1,00,000 Points when transferred.
=10% return?

Magnus- ₹10,00,000 spends
12ER/₹200
So that is 60,000 basic + 2,50,000 Accelerated ER= 3,10,000 ER
Now as we are assuming transfer Ratio will be 5:1 that makes these 310k= 62,000 points anywhere
=6.2% return?

So how will Atlas not be better if it doesn’t gets devalued?

Also, they do say 1EM=₹1, for now. 😂

 

[PiperatGatesofDawn]

Exactly, for travel spends Atlas would ~10% correct? better than Magnus?

For DIRECT hotel & airline bookings plus TravelEdge, Atlas is better than Magnus.

 

[Slayer]

Its yearly fee is similar to that of Amex Plat Travel. Shouldn't I keep Amex Plat Travel?

They give waiver or additional points, people have posted on the forum

 

[CARDBITRAGE]

Makes sense. But correct me if I am wrong (commerce guy, math is not the strongest 😂)

Atlas- ₹10,00,000 spends
5EM/₹100
So that is 50,000 EM ie 1,00,000 Points when transferred.
=10% return?

Magnus- ₹10,00,000 spends
12ER/₹200
So that is 60,000 basic + 2,50,000 Accelerated ER= 3,10,000 ER
Now as we are assuming transfer Ratio will be 5:1 that makes these 310k= 62,000 points anywhere
=6.2% return?

Yes. Also where the Atlas fares better now is you don't have to restrict/plan your spends(travel). Anything more than 1l/month will yield 1.2% on Magnus.

 

[Sandy Singh]

Also if you book with Atlas on let's say Vistara site, you'll get 8 CV points/100 as well, so it increases the total return to 18%. Same for hotels, you'll get the points for booking from their own site.

 

[PiperatGatesofDawn]

Also if you book with Atlas on let's say Vistara site, you'll get 8 CV points/100 as well, so it increases the total return to 18%. Same for hotels, you'll get the points for booking from their own site.

You'll get airline and hotel points when you book directly with them when you book with your debit card as well.

 

[Venky]

Yes. Also where the Atlas fares better now is you don't have to restrict/plan your spends(travel). Anything more than 1l/month will yield 1.2% on Magnus.

Thats why I am saying that it wont make sense to not Devalue the Atlas too. ☹️
Not like I want it to happen but just simple common sense.
🥲

 

[neogen]

Makes sense. But correct me if I am wrong (commerce guy, math is not the strongest 😂)

Atlas- ₹10,00,000 spends
5EM/₹100
So that is 50,000 EM ie 1,00,000 Points when transferred.
=10% return?

Magnus- ₹10,00,000 spends
12ER/₹200
So that is 60,000 basic + 2,50,000 Accelerated ER= 3,10,000 ER
Now as we are assuming transfer Ratio will be 5:1 that makes these 310k= 62,000 points anywhere
=6.2% return?

So how will Atlas not be better if it doesn’t gets devalued?

Also, they do say 1EM=₹1, for now. 😂

Awesome, and if I hit 15L can get additional tier benefits.

Then after 15L should it be magnus or Infinia?

 

[CARDBITRAGE]

Also if you book with Atlas on let's say Vistara site, you'll get 8 CV points/100 as well, so it increases the total return to 18%. Same for hotels, you'll get the points for booking from their own site.

Yes, you can double dip with loyalty programs also. XD

 

[venkateshr]

Does Atlas also take 90 120 days to credit points?

Have Atlas for last 3-4 months. For normal spends it is 2 Edge Miles per 100 (4% value). For Hotel and Travel sites (the owned ones), it gives 10% return. The miles are credited approx within 2-3 weeks of txn posting. Haven't faced any delay per se on that front. Point to remember if one is planning to buy points on places like IHG, it doesn't qualify as Travel and hence you get only 2% only. Personal experience. For swipes at hotels or airlines directly, full 5 edge miles (eqv. to 10%) will be credited to you. That also have I have used domestically and internationally so can confirm this. Please also note that sites like Cleartrip, Makemytrip, Airpaz etc. it is 2 EM per 100.

 

[Venky]

Awesome, and if I hit 15L can get additional tier benefits.

Then after 15L should it be magnus or Infinia?

Infinia would be better option there I think with its ₹1 value. But after you exhaust that, then its Magnus till 1 lakh.

Please also note that sites like Cleartrip, Makemytrip, Airpaz etc. it is 2 EM per 100.

Why is MMT at 2EM? 😨

 

[PiperatGatesofDawn]

Makes sense. But correct me if I am wrong (commerce guy, math is not the strongest 😂)

Atlas- ₹10,00,000 spends
5EM/₹100
So that is 50,000 EM ie 1,00,000 Points when transferred.
=10% return?

Magnus- ₹10,00,000 spends
12ER/₹200
So that is 60,000 basic + 2,50,000 Accelerated ER= 3,10,000 ER
Now as we are assuming transfer Ratio will be 5:1 that makes these 310k= 62,000 points anywhere
=6.2% return?

So how will Atlas not be better if it doesn’t gets devalued?

Also, they do say 1EM=₹1, for now. 😂

Yeah agreed your maths isn't the strongest. 😀

Atlas gives 2 miles / Rs. 100 or 4% returns on non direct travel/traveledge bookings and 10% on those.

Magnus can also give you better travel booking returns if you book through traveledge.

 

[CARDBITRAGE]

Thats why I am saying that it wont make sense to not Devalue the Atlas too. ☹️
Not like I want it to happen but just simple common sense.
🥲

But how many people have 10L travel spends? The problem with Magnus and Reserve was the all-rounded return aspect. Especially the Magnus! You could get 25k miles on any kind of spend. That was a disaster in the making. XD

 

[Venky]

Yeah agreed your maths isn't the strongest. 😀

Atlas gives 2 miles / Rs. 100 or 4% returns on non direct travel/traveledge bookings and 10% on those.

Magnus can also give you better travel booking returns if you book through traveledge.

Did you read his whole comment? 15 lakhs on Travel. We are discussing travel spends here. Wow.

 

[neogen]

Have Atlas for last 3-4 months. For normal spends it is 2 Edge Miles per 100 (4% value). For Hotel and Travel sites (the owned ones), it gives 10% return. The miles are credited approx within 2-3 weeks of txn posting. Haven't faced any delay per se on that front. Point to remember if one is planning to buy points on places like IHG, it doesn't qualify as Travel and hence you get only 2% only. Personal experience. For swipes at hotels or airlines directly, full 5 edge miles (eqv. to 10%) will be credited to you. That also have I have used domestically and internationally so can confirm this. Please also note that sites like Cleartrip, Makemytrip, Airpaz etc. it is 2 EM per 100.

Very useful. Thanks

I have now almost made up my mind for Atlas.

😱This would be my 3rd card from Axis.. 🤢

 

[Venky]

But how many people have 10L travel spends?

@neogen does. 🤷‍♂️

And its for his understanding I explained.

I cannot comment on everyone’s usage pattern. Taking atlas and spending on things that are not Travel and hotels does not make sense. Okay?

 

[PiperatGatesofDawn]

Did you read his whole comment? 15 lakhs on Travel. We are discussing travel spends here. Wow.

In which case Magnus needs to be upped right?