Axis Bank Horizon Travel Credit Card

[Infamous]

Axis bank has updated the new Horizon Travel Credit card on the website. Here's a first look:

Welcome Benefits​

• 5000 EDGE Miles credited on the first transaction greater than or equal to INR 1000 within 30 days of the card issuance date.

Renewal Benefits​

• 1500 EDGE Miles worth INR 1,500 on completion of anniversary year

Joining Fee	INR 3000+GST For Primary No Fee For Add-On
Annual Fee	INR 3000+GST For Primary No Fee For Add-On
Lounge Access	2 International airport lounge access per calendar quarter 8 Complimentary domestic airport lounge visits per calendar quarter (VISA) and 6 complimentary visits per calendar quarter (Mastercard)
Fuel Surcharge Waiver	1% Surcharge waiver for fuel transaction between INR 400 – INR 5000 (max. capping of INR 400 per statement month)
Accelerated Rewards	5 EDGE Miles on every INR 100 spent on Axis Bank Travel EDGE portal and direct airline websites.

 

[jack333]

Its a useless card. Mcc exclusion list is even bigger

 

[drsel]

Its a useless card. Mcc exclusion list is even bigger

Also direct hotels get 2% return and not 10% like Atlas.
Direct Airlines get 5% and not 10% return like Atlas.
There is no case scenario to apply for this card

 

[SSV]

Its a useless card. Mcc exclusion list is even bigger

I had previously mentioned several times that .....
There is a dedicated " 🪓 MCC Exclusion Team " which is a shared service within all different 🪓 product groups for which @VISHESH_BANSAL Maharaj provides consulting services...
😉

 

[jack333]

Also direct hotels get 2% return and not 10% like Atlas.
Direct Airlines get 5% and not 10% return

Though we can use it for gold and jewellery. That has not been excluded unlike atlas. They have excluded education fee in it and left that in atlas

 

[SSV]

Also direct hotels get 2% return and not 10% like Atlas.
Direct Airlines get 5% and not 10% return

So,
Jai Atlas ... Jai Jai M4B !!! 😉

 

[Anupama_Jha]

Though we can use it for gold and jewellery. That has not been excluded unlike atlas. They have excluded education fee in it and left that in atlas

It's basically, one two ka four, four two ka one🤡

 

[SSV]

It's basically, one two ka four, four two ka one🤡

you mean this ... 😉

 

[drsel]

Though we can use it for gold and jewellery. That has not been excluded unlike atlas. They have excluded education fee in it and left that in atlas

True but gold jewellery giving 2% return will be unproductive because the buy sell spread is more than 4.5% if you include melting charges and making charges.
Even on pure gold coins it will be unproductive

 

[Anupama_Jha]

True but gold jewellery giving 2% return will be unproductive because the buy sell spread is more than 4.5% if you include melting charges and making charges.
Even on pure gold coins it will be unproductive

Arre jab khudka hi POS hi to kya dikkat hai 😎

 

[drsel]

Arre jab khudka hi POS hi to kya dikkat hai 😎

What about GST payment on all income on the sale of gold?

 

[drsel]

I think this card is quite inferior compared to Atlas and hence not worth discussing

 

[Anupama_Jha]

What about GST payment on all income on the sale of gold?

Bro, not even 10% people uses either DC or Cc in our store. The cash trxn gets compensated with POS swipes😉

 

[drsel]

Bro, not even 10% people uses either DC or Cc in our store. The cash trxn gets compensated with POS swipes😉

Interesting! people are trying to convert cash (Indian rupees) into gold!!
is this an indicator of the future value of the Indian rupee??

 

[TheGuy]

is this an indicator of the future value of the Indian rupee??

no. this is regular activity. the underpenetration of modern credit finance is heavy. some maybe black money. some maybe to keep govt away (a regular act- in no way related to economy, currently).

 

[BVCBVC is verified member.]

Axis Bank Horizon Credit Card - Check Benefits and Apply Online

Check complete features, fees, and benefits including reward point earning with the Axis Bank Horizon Credit Card. Apply now online for this travel-centric card.

cardinsider.com

1:1 transfer ratio so inferior to Atlas.

It will be very confusing to have 4 different edge buckets, all with different conversion ratios--
Edge points 5:2
Burgundy points 5:4
Atlas edge miles 2:1
Horizon edge miles 1:1

Add Olympus 1:4 to the list. So it’s more confusing.

How will Axis segregate Axis Atlas, Horizon, Olympus Miles?? They might have cap of 1 EM card like capping on Vistara Cards.

 

[bigbrain]

Add Olympus 1:4 to the list. So it’s more confusing.

How will Axis segregate Axis Atlas, Horizon, Olympus Miles?? They might have cap of 1 EM card like capping on Vistara Cards.

Add the new Indian oil premium card, rumoured to have 2:1 conversion rate

 

[Wealth is my birth right!]

Add Olympus 1:4 to the list. So it’s more confusing.

How will Axis segregate Axis Atlas, Horizon, Olympus Miles?? They might have cap of 1 EM card like capping on Vistara Cards.

Hope they do mishap like old Magnus points they gave 5:4 to all by default who hold magnus
Now all miles will go on 1:2 who hold atlas then one fine day after 6 months Axis Bank will wake up and put a big devaluation they need 30lac fixed deposit to enjoy 1:2 transfers lol

 

[Zacobite]

Axis bank has updated the new Horizon Travel Credit card on the website. Here's a first look:

View attachment 56516

Welcome Benefits​

• 5000 EDGE Miles credited on the first transaction greater than or equal to INR 1000 within 30 days of the card issuance date.

Renewal Benefits​

• 1500 EDGE Miles worth INR 1,500 on completion of anniversary year

Joining Fee	INR 3000+GST For Primary No Fee For Add-On
Annual Fee	INR 3000+GST For Primary No Fee For Add-On
Lounge Access	2 International airport lounge access per calendar quarter 8 Complimentary domestic airport lounge visits per calendar quarter (VISA) and 6 complimentary visits per calendar quarter (Mastercard)
Fuel Surcharge Waiver	1% Surcharge waiver for fuel transaction between INR 400 – INR 5000 (max. capping of INR 400 per statement month)
Accelerated Rewards	5 EDGE Miles on every INR 100 spent on Axis Bank Travel EDGE portal and direct airline websites.

its being issued to citi premier miles customers as replacement hence the diff to keep it premium

 

[devine_mortal]

Ok, I've about 15k points in my PremierMiles account and so far, it was free because of Citi Gold which I closed. After this conversion, not sure what to do with these points since I don't travel much and Citi doesn't allow points to cash conversion. So no point paying 3.5k.

Any idea guys, what's possible here? How do I redeem points and close the card?

 

[Deleted member 13981]

its being issued to citi premier miles customers as replacement hence the diff to keep it premium

Will be available to everyone.