Axis Atlas (1st Sep onwards) Comparison of Miles on Axis Reserve v/s Atlas v/s Magnus

[adi.agarwalla]

Hi everyone,

Can someone take a look at the miles values below (for a spend of 10k INR in each category) and verify if it all checks out. Will be useful not only for me, but everyone else too in the new transfer ratio setup.

Assumptions

• Miles are for 5:2 partners for Magnus / Reserve, and 1:2 partners for Atlas.
• Magnus calcs are for spends < 1.5 lacs
• Milestone benfits (like on Atlas) not taken into consideration

Thanks

 

[Akash074]

I am using magnus only for gyftr spends. For all places wher gyftr cannot be used I am spending on Atlas.

 

[raviemailid]

Atlas looks like a much better card!

 

[Dai]

There is devaluation in atlas base spend..
.1Em/100

 

[Akash074]

There is devaluation in atlas base spend..
.1Em/100

where did you get this info?

 

[drsel]

There is devaluation in atlas base spend..
.1Em/100

No this was earlier.
now it is 2 Atlas miles equals 4 airmiles on 100 which is 4% return for non travel expenses

 

[drsel]

Once we get Magnus Burgundy card which has a 5:4 ratio then we don't need Atlas at all.
Traveledge flights 24% vs 10%
Other spends. 4.8% vs 4.0%

 

[drsel]

With Burgundy Magnus giving 24% return on Traveledge and 4.8% return on everything else including rent (with a few exceptions),

With Atlas giving 10% return on Traveledge, direct hotels and direct airlines and 4% return on everything else including rent;

I don't see the point in paying annual/renewal fees of any other super premium card like Stanchart ultimate (less than 3%), HDFC infinia, HDFC Diners club Black, ALL paid regular, premium or super premium cards of Indusind, RBL, ICICI, SBI (except SBI cashback card)

 

[mastfun]

Once we get Magnus Burgundy card which has a 5:4 ratio then we don't need Atlas at all.
Traveledge flights 24% vs 10%
Other spends. 4.8% vs 4.0%

Where is this mentioned?

 

[drsel]

Where is this mentioned?

Read the reviews of all these cards by card Maven, creditcardz, card expert and techno fino

 

[Shreyasrp]

Once we get Magnus Burgundy card which has a 5:4 ratio then we don't need Atlas at all.
Traveledge flights 24% vs 10%
Other spends. 4.8% vs 4.0%

With normal Magnus, the returns will be 12% and 2.4%.

 

[mastfun]

Read the reviews of all these cards by card Maven, creditcardz, card expert and techno fino

But no official statement

 

[starstruck]

With Burgundy Magnus giving 24% return on Traveledge and 4.8% return on everything else including rent (with a few exceptions),

With Atlas giving 10% return on Traveledge, direct hotels and direct airlines and 4% return on everything else including rent;

I don't see the point in paying annual/renewal fees of any other super premium card like Stanchart ultimate (less than 3%), HDFC infinia, HDFC Diners club Black, ALL paid regular, premium or super premium cards of Indusind, RBL, ICICI, SBI (except SBI cashback card)

What will you do when Axis closes the Magnus Burgundy offer? Its better to have some backup cards.

Also its good to keep LTF cards or cards from which you can get back returns by spends or by points given for payment of annual fees.

 

[CVR]

What will you do when Axis closes the Magnus Burgundy offer? Its better to have some backup cards.

Also its good to keep LTF cards or cards from which you can get back returns by spends or by points given for payment of annual fees.

What do you mean by close magnus burgundy offer?

 

[starstruck]

What do you mean by close magnus burgundy offer?

How many months do you think this Magnus Burgundy will run? 6,12 or 24 months or more? My bet is less than 12 months.

 

[CVR]

How many months do you think this Magnus Burgundy will run? 6,12 or 24 months or more? My bet is less than 12 months.

No i meant what exactly do you mean by “offer”?

5:4 is not the offer, it is basic feature of Burgundy Magnus card like 5:2 is for normal Magnus card or 1:2 for Atlas.

If you mean offer is giving Burgundy Magnus to people who open Burgundy account, yes that could be timebound offer depending on their target of opening Burgundy accounts.

 

[starstruck]

No i meant what exactly do you mean by “offer”?

5:4 is not the offer, it is basic feature of Burgundy Magnus card like 5:2 is for normal Magnus card or 1:2 for Atlas.

If you mean offer is giving Burgundy Magnus to people who open Burgundy account, yes that could be timebound offer depending on their target of opening Burgundy accounts.

I am talking about the same time bound offer. It can vanish after some time. Its not as if people who will open Burgundy Magnus will get 5:4 forever. Axis can change its terms and conditions any time with a months notice. Therefore, people should keep backup cards after such scenario comes to pass.

 

[drsel]

Yes I agree because 5: 4 would certainly be loss making for Axis so they cannot keep it on forever.

 

[CVR]

I am talking about the same time bound offer. It can vanish after some time. Its not as if people who will open Burgundy Magnus will get 5:4 forever. Axis can change its terms and conditions any time with a months notice. Therefore, people should keep backup cards after such scenario comes to pass.

5:4 is forever for Burgundy Magnus like 5:2 is forever for Magnus or 1:2 for Atlas. So risk of that changing is like 1:2 for Atlas changing or 1:1 for dcb infinia changing. As I said it is feature of Burgundy Magnus card and not timebound

 

[CVR]

Yes I agree because 5: 4 would certainly be loss making for Axis so they cannot keep it on forever.

It will not be loss making as Burgundy customer is giving them revenue through other means too

 

[Akash074]

Does atlas give extra 5% on grabdeals during offers on instant vouchers?