Axis Credit Card should i get M4B ?

[PreciousTincture]

I closed my magnus in 2023 post devaluation. current primary cards stack: Infinia + Bizblack + Amex Plat Travel + atlas. should i consider getting M4B. i know its a great card, but im not able to figure out the math with the heavy 30k + GST fees.

Infinia: Apple products, GV, flights&hotel bookings using smartbuy. easy 16-33% . I think i spend 10-15L+ easily or more. some months even 3L+
Bizblack: points machine for me. need to pay shit load of tax.
Amex Plat Travel: 4L in taxes
Atlas: not used at all.

now is it worth it to get M4B? and do i need to put 10L in my burgundy account and wait for 3 months ? also i can get my monthly professional income in atlas if the conversation rates are better than HDFC ( for salary criteria )

 

[TheScientist]

If you can spend 2L+ it makes sense

 

[Vinay13]

atlas + infinia combo is best. Amex plat is useless for you. M4B makes sense if you have 2.5> monthly spends.

 

[PreciousTincture]

hard disagree @Vinay13 . Amex plat travel => 4L tax => easy 50k MR points + taj voucher. i just do one transaction on amex plat travel per year for paying tax. its a no brainer.

 

[Vinay13]

hard disagree @Vinay13 . Amex plat travel => 4L tax => easy 50k MR points + taj voucher. i just do one transaction on amex plat travel per year for paying tax. its a no brainer.

I also used to think same way.
Paying tax takes ~1% at front. No renewal offers from amex now.
And now amex devalued taj vouchers at 0.4rs per point
Secondly i stayed at taj for 2 nights ..membership cost was 67k but with amex you get standard rate which was 74k. So you reward rate becomes very thin this way.

 

[Vinay13]

I said amex is useless because you have bizblack. Why you need plat travel when you have bizblack?

 

[Vinay13]

If you go for M4B , your strategy should be spending atleast 2.5 -3L in month on that card only to get max rewards.

 

[PreciousTincture]

not its not useless. Bizblack gives you 3.33% base + 16.6% accelerated till 7500 points or 56k/month.

I pay most of my taxes with Bizblack. adding amex-plat-travel is like getting an extra ~9-13% return on IT payments which is better than 3.33% base on bizblack.

so the priority for IT payments is.

1) BizBlack 16.6%
2) amex plat-travel 9-13%
3) Bizblack base 3.33% ( still account for most of my taxes)

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"If you go for M4B , your strategy should be spending atleast 2.5 -3L in month on that card only to get max rewards." yeah then probably not for me . i dont spend 3L every month ( non-IT). maybe 3-4 months in an year.

 

[Vinay13]

Try using atlas, it is excellent for offline spends.
You dont get 9-13% on amex plat