Get Axis Atlas as a paid card or wait for Burgundy Status for LTF?

[MSK]

I have a pre-approved offer for an Atlas card. I currently have a priority Salary Account with Axis, RM denied LTF Atlas saying that it is only for Burgundy customers. Now, I have a salary correction coming up, which should mostly put me in the Burgundy bucket, but I've heard that the Burgundy status upgrade takes upto 3-4 months after salary changes, so that's a good 6 months before I get that.

Question is, should I get the paid card now and convert it to LTF later after getting Burgundy status? I have wedding related spends coming up in the next few months, and post that there might be house construction costs coming up.

I'm aware that the joining benefit outweighs the card fee, but apparently LTF cardholders also get the benefits, hence the dilemma! And also whether to trust Axis for rewards given their recent F**k ups!

Presently I'm heavily using Amex cards - MRCC and Plat Charge (got it for the 135k points! 😛). IDFC First Power+ for UPI. Have a bunch of LTF or minimal fee cards from RBL, StanC, SBI, ICICI, HDFC, IndusInd, BoB etc., mainly for festive offers.

 

[pslashb]

Why wait man, take it. Your JF will anyway be set off

 

[MSK]

Why wait man, take it. Your JF will anyway be set off

True the JF will be set off easily.

 

[Shadab_1]

Does the company needs to have tie up with the bank or if just the salary is deposited in the account is enough ?

 

[MSK]

Does the company needs to have tie up with the bank or if just the salary is deposited in the account is enough ?

I'm not very sure but i think it is enough if the salary is credited, my company has corporate tie up with IDFC but my salary account is with Axis and I'm getting priority savings benefits.

 

[PainX]

Does the company needs to have tie up with the bank or if just the salary is deposited in the account is enough ?

Yes, if your organization is not registered with Axis bank, they won't migrate your account to salary account.

 

[pslashb]

Does the company needs to have tie up with the bank or if just the salary is deposited in the account is enough ?

The company needs to have a tie up afaik

 

[sourpai]

Don’t think Atlas LTF offer is going on even for Burgundy customers…. Do not trust RM even unless you get that in writing.

Also Plat travel and MRCC is fine. However Plat charge is not that rewarding for regular spends at all. There are better cards available. It is better only for reward multiplier spends

 

[uchitshah]

I don't think Atlas is issued ltf for Burgundy customer, please make it doubly sure for with your RM.

And if it does issue ltf then joining and renewal benefits will be withdrawn, double check this also, you will get milestone benefit.

 

[MSK]

Don’t think Atlas LTF offer is going on even for Burgundy customers…. Do not trust RM even unless you get that in writing.

I don't think Atlas is issued ltf for Burgundy customer, please make it doubly sure for with your RM.

1

Axis Atlas Thread 'Procured Atlas LTF | Burgundy Salary'

Jan 31, 2024

I have just received Axis Atlas LTF card.

Thank you @RewardsAlert for making me understand how Atlas can be a beneficial card along with Axis for Burgundy, which I have had for a year (originally as LTF Magnus and then upgraded to Burgundy automatically). Side note: Yes I received 5K Miles even though this is a LTF card.

Here are some of the snippets:

• 1RC
• Replies: 55
• Forum: Super Premium Credit Cards

• 
• 

Got to know about Atlas LTF through this thread on the forum. Then confirmed with RM, and Sales agent also informed the same. So I guess it is provided as LTF, but yeah I dont have a written confirmation.

And if it is issued ltf then joining and renewal benefits will also be withdrawn, double check it this also, you will get milestone benefit.

All those who got LTF card have got the joining benefit apparently, not sure about the renewal benefit, but again all hearsay, it does go against the general conception that LTF cards don't get joining/renewal benefits.

Also Plat travel and MRCC is fine. However Plat charge is not that rewarding for regular spends at all. There are better cards available. It is better only for reward multiplier spends

True, I got the plat charge as an upgrade to Gold card because of the 135k joining bonus. The Reward Xcelerator on plat charge is quite rewarding though.

 

[sourpai]

Well... I have also got Atlas LTF, under Burgundy Salary criteria. However it was in the time offer was available earlier this year.

I still feel it is not available now. RM is just saying something he heard some time back. And Sales agents are not reliable for such things

Please update us once you get Atlas LTF commitment in writing from your RM

 

[MSK]

Well... I have also got Atlas LTF, under Burgundy Salary criteria. However it was in the time offer was available earlier this year.

Ah makes sense, could've been a limited period offer. Will confirm with RM.

On a parallel note, how long does it take for the burgundy status to kick in once you meet the salary criteria? Should I get the higher salary for a few months or does it happen on first credit itself?

 

[CVR]

I have a pre-approved offer for an Atlas card. I currently have a priority Salary Account with Axis, RM denied LTF Atlas saying that it is only for Burgundy customers. Now, I have a salary correction coming up, which should mostly put me in the Burgundy bucket, but I've heard that the Burgundy status upgrade takes upto 3-4 months after salary changes, so that's a good 6 months before I get that.

Question is, should I get the paid card now and convert it to LTF later after getting Burgundy status? I have wedding related spends coming up in the next few months, and post that there might be house construction costs coming up.

I'm aware that the joining benefit outweighs the card fee, but apparently LTF cardholders also get the benefits, hence the dilemma! And also whether to trust Axis for rewards given their recent F**k ups!

Presently I'm heavily using Amex cards - MRCC and Plat Charge (got it for the 135k points! 😛). IDFC First Power+ for UPI. Have a bunch of LTF or minimal fee cards from RBL, StanC, SBI, ICICI, HDFC, IndusInd, BoB etc., mainly for festive offers.

i am burgundy and have checked multiple times with RM, customer care. Atlas is not LTF for burgundy.

 

[MSK]

i am burgundy and have checked multiple times with RM, customer care. Atlas is not LTF for burgundy.

I see, then it must have been a limited time offer early this year

 

[CVR]

I see, then it must have been a limited time offer early this year

For just a month i think.. i already had atlas and they refused to convert it to ltf that time also..

 

[sourpai]

Ah makes sense, could've been a limited period offer. Will confirm with RM.

On a parallel note, how long does it take for the burgundy status to kick in once you meet the salary criteria? Should I get the higher salary for a few months or does it happen on first credit itself?

For the companies with tie up with Axis, burgundy criteria kicks in for >2L salary credit in account, for others it will be >3L. Check with RM if there is a tie up. And to continue, salary credit should be more than these numbers all along

I am not sure when it kicks in, as I opened burgundy account directly at the time of joining

 

[beast_boy]

Hello Guys.... Is there a way to get Axis Atlas or Magnus on LTF Basis in lieu of buying Terms Plan / Health Insurance etc from Axis, just the way HDFC was issuing Infinia on ULIP or some other plans ?

In case I get Magnus or Atlas LTF which card is more beneficial to take in terms of earning reward points and the actual extra benefits the card provides.

 

[CVR]

Hello Guys.... Is there a way to get Axis Atlas or Magnus on LTF Basis in lieu of buying Terms Plan / Health Insurance etc from Axis, just the way HDFC was issuing Infinia on ULIP or some other plans ?

In case I get Magnus or Atlas LTF which card is more beneficial to take in terms of earning reward points and the actual extra benefits the card provides.

Can’t get both on LTF