Is Axis Select LYF worth it in July 2024 post devaluation?

[xlr8]

Hi, I recently opened a Burgundy Savings Account @ Axis Bank.

I have two credit cards:

1. Amex Platinum Travel Credit Card (My primary card)
2. HDFC Tata Neu Infinity RuPay Credit Card (My secondary card)

I need one more credit card, preferably Visa / Mastercard. ONE ONLY.

My questions:

1. Should I get the Axis Select Credit Card which is LTF for Burgundy customers?
2. Is Axis Select worth post devaluation?
3. If I do get Axis Select LTF, what is the likelihood of Axis Bank upgrading it later?
4. OR should I wait instead and get a good card? Axis recently launched Olympus. Perhaps they will launch more new cards.

A few additional points: I’d like a card with a good mile game. My budget for the card is ₹10-15k / year.

I’d appreciate any insights. Thanks in advance.

 

[xlr8]

I’m not able to edit the question. I meant Axis Select LTF*.

 

[m8yharsha]

Try negotiating for Atlas as LTF, in worst case you can take it paid if miles is what you are looking for.

 

[xlr8]

Try negotiating for Atlas as LTF, in worst case you can take it paid if miles is what you are looking for.

I did think of that. But hasn’t Atlas undergone the most devaluations after Magnus? I’ve read many articles say that it will be devalued even more.

 

[drsel]

If you can keep 10 lacs in savings account or 30 lacs in fixed deposits, then apply for Magnus burgundy card through your relationship manager

 

[xlr8]

If you can keep 10 lacs in savings account or 30 lacs in fixed deposits, then apply for Magnus burgundy card through your relationship manager

I can keep the required amount, but I think the Axis Magnus for Burgundy credit card is no longer issued.

 

[drsel]

I can keep the required amount, but I think the Axis Magnus for Burgundy credit card is no longer issued.

Available for 35400

 

[xlr8]

Way out of budget. My budget is ₹10-15k.

 

[xlr8]

Any other ideas, bros?