Axis Financial institution has very many premium and tremendous premium bank cards and in addition the Atlas Credit score Card which serves a number of segments without delay: from journey to tremendous premium (or) even an Extremely premium section, primarily based on spends.
Axis Financial institution Atlas Credit score Card is considered one of a form, fairly distinctive the best way it really works however on the identical time seems sophisticated for many. That mentioned, right here’s a easy information that will help you perceive it higher and use it successfully, in case you select to use for one.
|Journey Credit score Card
|2% to 10%
|Direct Lodge & Airline Spends
|Tiered advantages primarily based on spends
Axis Financial institution Atlas bank card has been lately face-lifted by growing the common reward charge and including extra spend classes that earns accelerated rewards.
Ideally its greatest suited for individuals who pay a variety of resort payments (or) airline expenses. However it may also be used for different advantages. Let’s start with the payment.
|Becoming a member of Payment
|5000 Edge Miles (10,000 INR worth simply)
|2,500 Edge miles (Silver)
5,000 Edge miles (Gold)
10,000 Edge miles (Platinum)
|Renewal Payment waiver
The welcome advantage of 5K edge miles could be transferred to ITC (amongst others) and could be redeemed for 10,000 INR value of keep, meals, and so on at ITC accommodations.
Which means you’re paying 5K and getting 10K worth – doubling the worth of your cash identical to that.
There are extra companions with a great conversion charge and we’ll discover them later under.
Whereas there isn’t a renewal payment waiver possibility on this card, the advantage of the Atlas Credit score Card is that it offers higher renewal profit in case you spend extra throughout the card anniversary 12 months.
The renewal profit is kind of profitable, particularly with the platinum tier. However do not forget that even gold tier is ample to get 2X worth of the renewal payment paid.
The design seems not solely neat, easy and exquisite but additionally related to the kind of card, so is the selection of identify: Atlas.
In case you’ve had the cardboard in hand, you’d agree that the cardboard seems and feels nearly as good as you see within the picture above.
In contrast to all different Axis Credit score Playing cards, Axis Atlas doesn’t earn “Edge Rewards”, nevertheless it earns “Edge Miles”.
It’s a separate miles stability that displays on the Axis Edge Rewards account and isn’t linked with some other product thus far.
|REWARD RATE (EDGE REWARDS PORTAL)
|REWARD RATE (POINTS TRANSFER)
|2 / 100 INR
|Axis Journey Edge Portal
|5 / 100 INR
|Airways & Resorts (Direct)
|5 / 100 INR
It’s to be famous that in case you intend to pre-pay for flights/accommodations utilizing journey edge portal, Axis Magnus is loads higher possibility than Atlas Credit score Card.
There are a number of choices to redeem edge miles, broadly divined into two, as under:
- Redeem on Journey Edge portal: 1:1 (for flights/accommodations)
- Switch Edge miles to airline/resort companions
Whereas redeeming on journey edge portal is the tremendous easy possibility with a static worth, we don’t get nice worth there.
As a substitute, one can switch the factors to airways and accommodations and get fairly good worth. Right here’s a fast take a look at the switch ratio.
|Conversion Fee (Edge Miles:Companion Miles)
|Resorts: IHG & ITC
|Lodge: Marriot Bonvoy
- Airways: United, Singapore Airways, Turkish, Etihad, Qatar, Air France, Ethiopian, Vistara & Spicejet
As you may see, the switch ratio is 1:2 throughout all airways & accommodations, apart from Marriott Bonvoy which is at 2:1. So it’s not sensible to switch these factors to Marriott from Atlas Credit score Card.
In case you’re into Marriott, you may nonetheless switch your factors to ITC after which to Marriott (2 ITC factors = 3 MB factors), however that is restricted to 60K factors per 12 months.
Typically, ITC is the goto possibility for many cardholders to get higher worth, because it’s lot easier and in addition permits to switch the factors additional to Marriott Bonvoy.
|2,500 Edge Miles
|5,000 Edge Miles
|10,000 Edge Miles
Assuming you’re capable of do “common” spends of 15 Lakhs, you’ll get 40,000 Edge miles that may be simply valued at 80,000 INR and even 1,60,000 INR (airline candy spots), with reward charges nearly as good as 5.3% to 10.6% respectively.
However do not forget that pockets & rental spends wont be thought-about for milestone advantages.
|< Rs. 7.5 lacs
|Rs. 7.5 lacs to Rs. 15 lacs
|Rs. 15 lacs & above
Axis Atlas Credit score Card comes with membership tiers and it’s a singular system within the bank card business.
The membership tiers are purely primarily based on bank card spends with Platinum tier on prime that provides entry to many of the airport advantages, together with luxurious airport transfers which is obtainable solely with the costly Axis Reserve.
Axis Financial institution Atlas Credit score Card offers you entry to under airport providers relying on the membership tier you’re in:
Listed below are the complimentary limits on respective tiers for airport providers.
|Airport Meet & Greet
Nevertheless, be aware that these airport providers can neither be booked on the Extraordinary weekends portal nor by concierge line, not like the opposite playing cards like Magnus & Reserve.
With Atlas, airport providers could be booked solely by the Atlas Dashboard on app/web site and that’s not one thing you’d take pleasure in doing.
Airport Lounge Entry
The complimentary lounge entry limits on Axis Atlas Credit score Card additionally works as per the tiered system talked about under.
- Be aware: Above visits covers each Major cardholder + visitors, if any.
So, as you see above, the excellent news in regards to the Atlas Card is that we are able to avail these complimentary lounge entry each for major cardholder & visitors, identical to the Axis Reserve Credit score Card.
Nevertheless, be aware that it’s not nicely carried out each at terminal & with QR system, for ex, in case you add 1 visitor to the go to, you’ll be charged, which isn’t the case with Reserve.
In order of now, you’ll be charged the payment for visitors and the charges will be auto reversed as confirmed by Axis buyer help.
Must you take Atlas?
For most individuals, Axis Magnus (or) Axis Reserve bank card would do.
However listed below are some the explanation why it’s worthwhile to have Atlas in your pockets, even you probably have different Axis bank cards.
- Your direct airline & resort spends are excessive (>5 Lakhs a 12 months).
- You possibly can spend 15L simply, in order to get larger reward charge.
- You want lounge entry for visitors.
- You wish to expertise the USP of Magnus and reserve and but mild on pocket.
- You do lot of direct worldwide resort spends, as this provides a great web acquire (~5.8%) on foreign exchange resort spends.
Whereas we can provide extra causes, the one motive that I usually see throughout many Atlas cardholders is the #1 motive listed above.
For ex, on spends of 5L with accommodations & airways, you’d get 50K value of miles with atlas, whereas with Magnus you’d solely get ~25k miles. So larger the spends on this class, larger the reward charge.
However Be aware that you may additionally use journey edge and get 5X rewards on Magnus for pay as you go accommodations/flights and get loads larger reward charge. So Atlas is basically reserved for incidental resort spends or for airline expenses.
I obtained the Axis Atlas Credit score Card few months in the past, primarily to expertise the product because it’s fairly distinctive within the business.
They’ve a devoted card administration dashboard for Atlas on Cellular & net-banking due to the membership tier system and different advantages.
Other than that, the 5X rewards will get credited for resort spends on time, hopefully so for airways. I did a small txn few months in the past to examine the identical and it does work as anticipated.
- Annual Earnings: 9 Lakhs & above
- Present different Financial institution Credit score Card: ~3 Lakhs (or) above restrict
In case you’re dealing with any points (or) in case you favor to have a clean experience into Axis Credit score Card Ecosystem, do try this newbies information to Axis Financial institution Credit score Playing cards: Maximizing Axis Bank Credit Cards.
It’s possible you’ll apply online on Axis website in a matter of few clicks. Axis Financial institution is lately recognized for processing contemporary bank card functions fairly quick.
It’s possible you’ll get the cardboard authorised often inside every week from the date of software.
In case you’re new to financial institution, to not fear, you don’t must open a contemporary Axis Financial institution Financial savings A/c to get an Axis Credit score Card.
General Axis Atlas Credit score Card is a completely loaded card at this payment vary and has the power to present experiences that solely an extremely premium bank card can supply – all you want is the excessive spend potential.
Do you’ve Axis Financial institution Atlas Credit score Card? Be happy to share your experiences within the feedback under.