Is Axis Atlas worth it in July 2024? Will it undergo further devaluations?

[xlr8]

1. What is the likelihood of the Axis Bank Atlas credit card to undergo a third round of devaluation?
2. If yes, then when?
3. Is it worth getting it in July 2024?
4. Axis Atlas vs. the newly launched Horizon? (Fee is not a constraint)

Please advise. Thanks in advance.

 

[drsel]

1. Unlikely in the near future
2. Not applicable
3. Yes, for 10% return on direct airlines and hotels (both online and offline) and 4% on almost everything else
4. Atlas is much better.

 

[Wealth is my birth right!]

1. What is the likelihood of the Axis Bank Atlas credit card to undergo a third round of devaluation?
2. If yes, then when?
3. Is it worth getting it in July 2024?
4. Axis Atlas vs. the newly launched Horizon? (Fee is not a constraint)

Please advise. Thanks in advance.

Still atlas is ok for those who don’t want to get magnus card
3rd round max to max they may take out education as exclusion bcos already card got much damaged

 

[xlr8]

What is the point of Axis blocking the reward points of several customers (even the legit ones that don’t abuse the system) and ordering them to submit proofs for all their travel spends? I get that if you’re legit, you don’t need to worry. But the bank’s move seems like a deliberate attempt to discourage new customers from getting the card and existing customers from using the card much.

 

[Wealth is my birth right!]

What is the point of Axis blocking the reward points of several customers (even the legit ones that don’t abuse the system) and ordering them to submit proofs for all their travel spends? I get that if you’re legit, you don’t need to worry. But the bank’s move seems like a deliberate attempt to discourage new customers from getting the card and existing customers from using the card much.

Always reward blocks are common in Axis Bank not only in atlas they did to me in magnus card too

 

[xlr8]

Always reward blocks are common in Axis Bank not only in atlas they did to me in magnus card too

Interesting. If I may ask, which Axis bank credit cards do you have? Which cards do you intend to keep and which ones do you intend to close before renewal?

 

[navam]

Atlas is still quite useful given the 4% return on normal day to day spends. Good idea to use it in combination with a card that provides accelerated rewards for travel and vouchers (m4b or Infinia are great here)
Atlas is better than horizon overall.

 

[Wealth is my birth right!]

Interesting. If I may ask, which Axis bank credit cards do you have? Which cards do you intend to keep and which ones do you intend to close before renewal?

Select (free for Burgundy account)
Atlas fee 5900/-
Magnus card fees trying to convert to ltf if offer comes like last year
Max 3 permitted and no plan to close any

 

[cowcoconut]

I also want you to see if your redemption use case is actually a "10% cb on accelerated and 4% on normal" because for the redemptions that mattered for me (flights etc), it was more like 3% and 7-8%

 

[Yugi]

Taxes and devaluations are constants in life my friend.