Axis Reserve What's next?

[phheeewww]

Hello,

With Axis going down, what are the best cards in the HNI category that one can still hold with the goal in mind to collect maximum points to book air tickets.

Any help with this is greatly appreciated.

 

[PiperatGatesofDawn]

How did you come up with 24 miles per 200 rupees spend? How did you get calculation so wrong when your opening sentence is "what a load of BS"?

Did I get my calculation wrong?

The revised terms show 12 edge rewards per 200 rupees spend up to 1.5 lakh spend. For everybody except burgandy, it will be 5:2 airmiles i.e. 2.4 airmiles per 100 rupees i.e. 4.8 airmiles per 200 rupees til 1.5 lakh spend.

Generally I would like to consider 0.5 rupees value of each airmile so what you get back is 1.2 rupees back on 100 rupees i.e. just 1.2% value back. Whats great about it?

If you can get ₹0.50 / mile... perhaps you should be looking at cashback. The miles game isn't for you my friend.

Or am I making wrong calculation here?

Psssttt..... yes you are... 😀 OP was booking air tickets... which gets the Magnus 5x upto 2L/month.

 

[CardsHoarder]

If you can get ₹0.50 / mile... perhaps you should be looking at cashback. The miles game isn't for you my friend. 🙂

How about correcting the original calculations so others who is not aware doesn't get mislead? I didn't ask your opinion nor I shared how much I spend.

 

[PiperatGatesofDawn]

How about correcting the original calculations so others who is not aware doesn't get mislead? I didn't ask your opinion nor I shared how much I spend.

You're easy to annoy. My calculations aren't wrong. My opinion had to be given and your spend doesn't matter in this case. 😀

 

[CardsHoarder]

Psssttt..... yes you are... 😀 OP was booking air tickets... which gets the Magnus 5x upto 2L/month.

I see what you mean. I should have paid more attention. My bad. Please accept my sincere apology.

 

[PiperatGatesofDawn]

For domestic flights, you will tend to remain stuck with Vistara if you just use miles. For flights to be booked just 7-10 days in advance, miles have always offered me a really bad deal.

How do you get a bad deal with UK when you're booking 7-10 days in advance versus booking otherwise. And you can book AI too. You just have to believe in yourself.

For international routes, again you're stuck with only the options offered using miles. For example, recently on my travel to Europe, the cheapest as well as one of the fastest flight available to me was Saudia. But this option and many other such options are not partnered for point redemption.

I was taking the exact same flight but instead of paying lakhs for 30% of the cost in cash, I paid a minor minor fraction of that plus some miles. The fact that they are Skyteam partners was super useful. 😀

You also get 1 rupee as 1 airmile / hotel points for a variety of options, including Accor.

No its ~₹1.98/Accor point. And that's why you should transfer to miles & points. 🙂

You can also use 1 point as 1 rupee for non-travel based spends like Tanishq or to buy Apple products.

Yes.. but you lose a minimum 50% of the value you could get. This statement has been well countered by what you have yourself said about Accor. Also, separately why do you buy directly from Apple in India????

In fact, you get 10X reward points when booking hotels, which Magnus will never be able to beat.

You could and even though T&Cs apply, that wasn't OPs ask.

 

[PiperatGatesofDawn]

I see what you mean. I should have paid more attention. My bad. Please accept my sincere apology.

Mere bhai..... 🤗