Citi Prestige to Axis Olympus (New Launch)

[iNokia]

Meet and Greet is back 😂

PS: It is tentative and subject to change.

Edit:
https://www.axisbank.com/docs/defau...ment-library/olympus-terms-and-conditions.pdf

Axis Olympus Credit Card Terms and Conditions updated.

 

[Pissant]

i might get it sounds cool

 

[InfamousInfamous is verified member.]

Do we have a look of the new card yet?

 

[NOOBY]

Nice, but still not sure about edge mile conversion... will it be 1:1/5:4/5:2 ?

 

[m4b]

Someone check m4b users

 

[archit120]

Even at 1:2 it's much worse than M4B

 

[Pissant]

Even at 1:2 it's much worse than M4B

I think they'll change the transfer values to 1:1 to at least make it on par with Atlas since they are charging 20k

 

[Shroud]

Koi naa, iska bhi devaluation jaldi hi aayega...... Sab maare jayenge bas Infinia bachega........ Jai ho HDFC.....

 

[m4b]

Koi naa, iska bhi devaluation jaldi hi aayega...... Sab maare jayenge bas Infinia bachega........ Jai ho HDFC.....

haan bhai ULIP le le ke Infinia bhi ek din aisa ayega

 

[card_monarch]

Prestige gives 4 airline miles per Rs 100. As per this table Olympus will give only 2 airline miles per Rs 100 (assuming 1 EDGE Mile = 2 airline miles as for Atlas).. Isn't this a downgrade?

 

[Pissant]

assuming 1 EDGE Mile = 2 airline miles as for Atlas

Don't assume anything yet

 

[archit120]

Prestige gives 4 airline miles per Rs 100. As per this table Olympus will give only 2 airline miles per Rs 100 (assuming 1 EDGE Mile = 2 airline miles as for Atlas).. Isn't this a downgrade?

Exactly what I was thinking

 

[drsel]

View attachment 55662

Meet and Greet is back 😂

Please don't pay the joining fee 23600 or renewal fee 23600
4% base return on mile conversion is no big deal
8.00--2.12=5.88% on foreign spends is okay

Also the renewal benefit is only 10000 + Taj/ ITC 10000 voucher (worth 6500) for 23600 renewal fee

 

[_ayush]

does this imply another Atlas devaluation incoming soon?

 

[Deleted member 13981]

I'll take this one. If axis maintains the original reward structure i.e. 1 Citi Prestige point = 4 Partner miles, then Base reward rate will be 4%, rewards at forex spends 8% and renewal benefits 10k miles. Axis will then have to create separate miles bucket for Olympus (1:4), Atlas (1:2) and Horizon (1:1).

 

[drsel]

I'll take this one. If axis maintains the original reward structure i.e. 1 Citi Prestige point = 4 Partner miles, then Base reward rate will be 4%, rewards at forex spends 8% and renewal benefits 10k miles. Axis will then have to create separate miles bucket for Olympus (1:4), Atlas (1:2) and Horizon (1:1).

This is too complicated and quite unlikely.
All will have the same 1:2 ratio, including horizon

 

[Shroud]

I'll take this one. If axis maintains the original reward structure i.e. 1 Citi Prestige point = 4 Partner miles, then Base reward rate will be 4%, rewards at forex spends 8% and renewal benefits 10k miles. Axis will then have to create separate miles bucket for Olympus (1:4), Atlas (1:2) and Horizon (1:1).

Rehne do Bhai, Axis itna load nahi le payega....

 

[Pissant]

This is too complicated and quite unlikely.
All will have the same 1:2 ratio, including horizon

do you really think that? Then won't horizon completely eat up Atlas's cardholders? Unless they limit the group a group b transfer even lower for horizon and maybe make it unlimited for Olympus. I can see this happening

 

[drsel]

do you really think that? Then won't horizon completely eat up Atlas's cardholders? Unless they limit the group a group b transfer even lower for horizon and maybe make it unlimited for Olympus. I can see this happening

Please do a comparative analysis between Atlas, horizon and Olympus

 

[Pissant]

Please do a comparative analysis between Atlas, horizon and Olympus

I don't understand what you mean?