Well, from your quoted thread, Atlas gets 5 EM/₹100 for travel spends. So, for 5L spent on travel, you get 25K EM. There is an additional 2.5K EM for reaching 3L spent milestone. I'm excluding joining bonus 2.5K EM as that is not available in silver tier from second year onward. Now, if we consider 1EM = ₹1, we get ₹27.5K. Deduct the annual fee of ₹5.9K and we're left with ₹19.1K. So, effective reward rate is 3.82%. Even if you consider the 2.5K EM as joining bonus, we get 4.32%. So, how did you get 5% as lowest value? I'm assuming that's what you meant by "5%+ (Flights/Hotels) on 5L spends".
5L spends.. (check again comparison thread which has two different tables and multiple scenarios)
= 25k EM
+ 5K EM (Joining + Bonus) 1st year
(2nd year, check hidden table in comparison post, click that button)
1EM = ₹2 to ₹1 (depends on redemption, check comparison thread for possible options)
if its accor its 1 EM = 2 AP (₹3.6)
// there are multiple partners which provides 1 EM = ₹2 (1:2)
5L Spends/Year | 30K EM to 15K EM - 5.9K Fee (JF)
= 10.82% to 1.82% |
Net Return:
Ranges in percentage (e.g., 9.4% to -0.27%) explain best-to-worst-case returns (possible return on your spending after factoring in joining fees, and milestone bonuses for specific spending levels).
- Left Value (e.g., 9.4%)
- This is the maximum reward rate achievable through optimal usage, like earning on Travel Edge purchases and redeeming at a high value (e.g., 1 mile = 2 INR). This rate takes effort but can be reached with strategic spending.
- Right Value (e.g., -0.27%)
- This is the minimum achievable rate through regular spending and basic redemption (e.g., 1 mile = 1 INR). This is straightforward and possible for all cardholders.
- So, for any given spending amount, you can expect a reward rate between these two values. The lower end is your minimum return, while the upper end is achievable with careful planning.
So, out of 10% - (forex fee, GsT) = atleast 5%.
As mentioned comparison post is very detailed with multiple combinations, from lowest possible value to highest possible value and in my posts its always first year fee and benefits, renewals usually separate (if going to redeem in 2nd year, because many of them here didn't like that).
Which card would you suggest that would provide positive return in general spend despite forex no mater what?
my answer still same, no changes.. its up to you to choose based on your convenience and intended redemption.
Other thread that you shared also mentioned same, but u only picked for your assumption "base rr and redemption as transfer partner = 4%", same thread mentioned accor = 18%, others atleast 10% in that table.
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