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Citi Prestige to Axis Olympus (New Launch)

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Use the comparison between Yes Marquee, Yes Reserve 3x and Yes Reserve 5x for inspiration
oh. Sure that is a good idea. But shouldn't I wait until more official news comes about the card? Until now we don't even know what the transfer ratio or what capping Axis will introduce so it's hard to say. But when that news comes out I'll try to make a post about it like you said, since I have been using Atlas extensively and have come to know a lot of the benefits and cons of it.
 
oh. Sure that is a good idea. But shouldn't I wait until more official news comes about the card? Until now we don't even know what the transfer ratio or what capping Axis will introduce so it's hard to say. But when that news comes out I'll try to make a post about it like you said, since I have been using Atlas extensively and have come to know a lot of the benefits and cons of it.
What are the cons of Atlas?
 
Please do a comparative analysis between Atlas, horizon and Olympus
1. Olympus 1:4 conversion plus sprinkles from reserve (and some removed from magnus).
2. Atlas 1:2 conversion plus tier based benefits.
3. Horizon 1:1 conversion and basic travel perks, both domestic and international.

BTW this leaked document dates back to January. We can expect a lot of exclusions and changes in the final product if or when it becomes a reality.
 
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What are the cons of Atlas?
Well, Accor gives the best return considering 1.8 inr per point (which is debatable as some people consider it 1 inr per point) at 7.2% base reward but has a limit of 30k miles per year. Which would only equate to 60k inr/108kinr. And Atlas is not valid on Gyftr or Grab Deals for the extra cashback. And the fact that Axis keeps on randomly blocking people's Edge Miles accounts and ordering invoices to be unblocked which is unprecedented among other credit cards from at least what I have seen. And if you read some of the threads here people have been getting 2x instead of 5x on their payments on official airline/hotel sites due to the mcc or some other reasaon and even when the customers send Axis PNO the receipt/invoice the edge miles are not correctly issued.
 
1. Olympus 1:4 conversion plus sprinkles from reserve (and some removed from magnus).
2. Atlas 1:2 conversion plus tier based benefits.
3. Horizon 1:1 conversion and basic travel perks, both domestic and international.

BTW this leaked document dates back to January. We can expect a lot of exclusions and changes in the final product if or when it becomes a reality.
Yes leaked from Jan 24. As there are many changes in Axis core cards like M&G, BMS (1+1) and lounge access they might imply the same rules to this Axis Olympus. But Citi Prestige will be missed if Axis disturbs the core reward rate and exclusivity.
 
One more point I saw on web is the existing Citi limit will be added to existing Axis cards limit and you will get the combined limit across the cards on merging between Axis and Citi. (That should be a good sign for whom either banks are not increasing the limits).
Yes. Now my credit limit will be 35 Lakhs (25 Lakhs on Prestige and 10 across Axis cards), So 4 Axis cards worth 1.4 crores in credit report. I Will have to cancel at least 2 cards later otherwise I won't get a single rupee credit limit increase from other banks 😂
 
Yes. Now my credit limit will be 35 Lakhs (25 Lakhs on Prestige and 10 across Axis cards), So 4 Axis cards worth 1.4 crores in credit report. I Will have to cancel at least 2 cards later otherwise I won't get a single rupee credit limit increase from other banks 😂
SBI will say you’re over over over leveraged. 😂
 
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