Planning for home renovation via livespace suggest credit cards for max return. I'm thinking to get Axis Atlas CC

[Sam753]

Hi, I'm planning to get Atlas CC for a 13L spend on Livspace for home renovation in 3 parts. They are demanding 2% extra fees for using CC, so please suggest what I should do, as I'm planning to get this card for 1 yr only. I will reach the 15L milestone benefit. Also, what would be the effective reward rate percentage? As max, in a year one can redeem 30k in flights, so will redeem it on Etihad and the remaining on ITC/Marriott, or I should redeem it elsewhere for more rewards? Currently I have amazon pay CC so no use of it as they r charging 2%extra.

 

[Vinay13]

Axis atlas has reward rate of 7.2% (flat) if you redeem on accor. Otherwise its 4%. Now you can add fees and bonus miles ..you RR will improve slightly.
Fir first year you will be in silver tier after spending 15L in first year you will get renewal bonus miles and plat tire in next year.

 

[Sam753]

Axis atlas has reward rate of 7.2% (flat) if you redeem on accor. Otherwise its 4%. Now you can add fees and bonus miles ..you RR will improve slightly.
Fir first year you will be in silver tier after spending 15L in first year you will get renewal bonus miles and plat tire in next year.

Thankyou for your reply, one can redeem 30k max in accor so I should keep the card for 2 yrs to be in platinum tire ? Still it's good as 36K fee (10k Total annual fee+26k extra Livspace fees) and total 42.5k points(30k spends point+10k bonus+2.5k welcome benefit) points reward points after spending 15L which would be converted to 85k RS (1 edge mile = 2 Rs). Is the calculation correct? Then will redeem full 60k points on accor in 2yrs (30k per yr cap) and rest ITC/marriot .

 

[mj01]

Hi, I'm planning to get Atlas CC for a 13L spend on Livspace for home renovation in 3 parts.

Livspace has very critical and negative reviews in terms of the timelines and quality of work once you make the payment, with costs also increasing beyond the original estimates. I'd say don't go by their fancy design presentations and look for another vendor if possible. Check their google playstore app reviews (rated just 2.5 star!)

 

[Vinay13]

Thankyou for your reply, one can redeem 30k max in accor so I should keep the card for 2 yrs to be in platinum tire ? Still it's good as 36K fee (10k Total annual fee+26k extra Livspace fees) and total 42.5k points(30k spends point+10k bonus+2.5k welcome benefit) points reward points after spending 15L which would be converted to 85k RS (1 edge mile = 2 Rs). Is the calculation correct? Then will redeem full 60k points on accor in 2yrs (30k per yr cap) and rest ITC/marriot .

1 edge mile is =2 accor points and 1 accor point is 1.8rs

 

[Sam753]

Livspace has very critical and negative reviews in terms of the timelines and quality of work once you make the payment, with costs also increasing beyond the original estimates. I'd say don't go by their fancy design presentations and look for another vendor if possible. Check their google playstore app reviews (rated just 2.5 star!)

I have already paid the booking amt 😢

 

[Sam753]

1 edge mile is =2 accor points and 1 accor point is 1.8rs

Thank you so much

 

[Sam753]

1 edge mile is =2 accor points and 1 accor point is 1.8rs

So its actually more than 10% that a very good return as it will cross 1.5L rs for spends of about 15L