Axis Magnus Alternative in case of Axis Magnus devaluation or discontinuation

[V G]

Axis Magnus is currently leader of credit cards in India. But we know soon it is going to be devalued. May be axis decides to discontinue it. Axis Magnus is such a card that covers all types of users. Those who travel a lot, pay utility bills, do shopping, etc. It is kind of all in one card at the moment. Even if fees of this card is 10K plus taxes but we still get something in return. Reward rate we all know cannot be matched by any other credit card. Another good thing is it gets easily approved comparatively. Credit cards like infinia are difficult to get and nothing much in return for fees.

What you guys think is the next bank credit card available in India like Magnus which is best for all types of users and easily available?

 

[PaneerButterMasala]

Seriously looking for alternatives after this devaluation. My expenses PM are about 1.5L, mostly online spends.

Current scenario -

HDFC - Stuck with Diners Millenia. I hold a dormant HDFC account.
Amex - Platinum travel + MRCC. Low usage due to non acceptance.
SBI - Vistara Prime - good only till milestones are hit.
Axis - Vistara infinite & Magnus

I already have Axis Vistara infinite and Magnus. Unable to add another card through online application. LMK is there's any workaround here.

I am mostly looking for milestone based credit cards. I feel due to the nature of my spends, milestone credit cards will offer the best value.

Please suggest best strategies post Magnus world to maximize utilization. Much thanks!

Did you try HDFC DCB?

 

[nrj1007]

Im currently having Magnus.. If I spend 10k on Travel edge:
5x will give 3000ER=1200miles from Sep

Atlas - 500 Edge Miles= 1000 partner miles

Is Atlas only worth when paying directly on airlines/ at hotels?

You will get 1000 partner miles on travel edge as well on 10k spends.

 

[vinrey287]

You will get 1000 partner miles on travel edge as well on 10k spends.

Isn't Magnus the better option in this case even after deval.. And there are so many influencers pushing for Atlas as replacement

 

[sky_walker_rules]

Did you try HDFC DCB?

isn't DCB is junk, for amazon vouchers its useless at least, looking at inflated price for flights/hotel on smartbuy these feel sbi cashback card is a better

 

[nrj1007]

Isn't Magnus the better option in this case even after deval.. And there are so many influencers pushing for Atlas as replacement

Are you only going to use for travel spends only? The base reward rate is 4% on Atlas whereas 2.4% on Magnus. And what about annual fee difference?

 

[MilesMax]

Isn't Magnus the better option in this case even after deval.. And there are so many influencers pushing for Atlas as replacement

Correct, when it comes to travel and you book on traveledge then Magnus is still better in terms of value back as miles.

I don't prefer booking hotels on Traveledge as there are very less options (many room variations doesn't show up) and price is quite high compared to Agoda or booking. So I'd rather book there.
For this the base reward of Atlas is better.

Magnus more than makes up for joining fee difference by giving other non spend based benefits like priority pass, BMS offer, meet & greet etc.

Best option is to have both if you spend a lot on travel. Else choose one that makes more sense for your spends.

 

[vinrey287]

Are you only going to use for travel spends only? The base reward rate is 4% on Atlas whereas 2.4% on Magnus. And what about annual fee difference?

Will be spending on travel as well others.. Agree price difference is there but you get option of giftedge and other benefits to cover the additional fees that Atlas does not have..

 

[vinrey287]

Correct, when it comes to travel and you book on traveledge then Magnus is still better in terms of value back as miles.

I don't prefer booking hotels on Traveledge as there are very less options (many room variations doesn't show up) and price is quite high compared to Agoda or booking. So I'd rather book there.
For this the base reward of Atlas is better.

Magnus more than makes up for joining fee difference by giving other non spend based benefits like priority pass, BMS offer, meet & greet etc.

Best option is to have both if you spend a lot on travel. Else choose one that makes more sense for your spends.

Got Atlas recently, but was now thinking if I will use it since Magnus will always give me better reward on TravelEdge. Agree that on aggregators we can get better reward rate with Atlas in case of travel.
One doubt, if aggregators are giving cashback for flight ticket on Axis card during sales, Will Atlas be eligible for cashback?

 

[MilesMax]

One doubt, if aggregators are giving cashback for flight ticket on Axis card during sales, Will Atlas be eligible for cashback?

I don't have Atlas so I don't have first hand experience in cashbacks on it. But it should be eligible as it's not a co-branded card.

 

[nrj1007]

Got Atlas recently, but was now thinking if I will use it since Magnus will always give me better reward on TravelEdge. Agree that on aggregators we can get better reward rate with Atlas in case of travel.
One doubt, if aggregators are giving cashback for flight ticket on Axis card during sales, Will Atlas be eligible for cashback?

On aggregators, Atlas gives 4% cashback only. Yes it will be eligible for any promotions on aggregator.
Note: Atlas gives 10% cashback only on direct website bookings.

 

[nrj1007]

Will be spending on travel as well others.. Agree price difference is there but you get option of giftedge and other benefits to cover the additional fees that Atlas does not have..

Keep both I would say. Anyways Atlas fee is more than compensated with joining bonus.
Do normal spends and travel spends on direct websites from Atlas.
Travel edge and gift edge from Magnus.

 

[Madhav]

I have spends of around 9l per year on my card. I was about to get Magnus(pre-approved) before devaluation but now I'm thinking about getting Vistara Infinite.

Should I go with Infinite for 9l or do you guys have better recommendations?

 

[CVR]

I have spends of around 9l per year on my card. I was about to get Magnus(pre-approved) before devaluation but now I'm thinking about getting Vistara Infinite.

Should I go with Infinite for 9l or do you guys have better recommendations?

Evaluate Atlas as well. Also check if you have good Vistara connectivity from your home town otherwise Vistara cards aren’t so useful.

 

[abby]

So true! What a waste. Glad my Magnus is LTF.

I am moving my expenses back to Infinia.

How did you get LTF?

 

[Eye of Ajay]

Have closed Magnus and got Vistara Infinite and Atlas. Using both to see which is better for my user case. Will do a Vistara Infinite VS Atlas soon with math and figures.

Magnus is dead long live Atlus/Vistara Infinite

 

[vinrey287]

Have closed Magnus and got Vistara Infinite and Atlas. Using both to see which is better for my user case. Will do a Vistara Infinite VS Atlas soon with math and figures.

Magnus is dead long live Atlus/Vistara Infinite

Are wallet loads excluded from EM on Atlas?

 

[VaporWarrior]

Isn't Magnus the better option in this case even after deval.. And there are so many influencers pushing for Atlas as replacement

Yes correct. Especially if you already hold a magnus and paid fee for the next year. I will think about atlas only after my magnus anniversary comes.

 

[Soumyajit Dutta]

I am also in the same boat confused on atlas vs magnus. For joining feee its totally recoverred for atlas now and i will keep it till next year. Magnus gives a lot of benifits which i feel atlas misses out on , and also for existing customer the renewal fee will stay at 10K+GST and not go up to 12.5K+GST. You get unlimited lounge, M&G , Guest Access, BOGO, Eazy Diner , Access to premium lounges and so much more. I think what axis is trying to do is just get rid of few people from magnus pool and when people have shifted they can gradually increase the reward rate from 2.4% vs 4%(Atlas) to 3/4 . And anyway traveledge gives better reward for magnus even after deval.

 

[typhoon]

I am also in the same boat confused on atlas vs magnus. For joining feee its totally recoverred for atlas now and i will keep it till next year. Magnus gives a lot of benifits which i feel atlas misses out on , and also for existing customer the renewal fee will stay at 10K+GST and not go up to 12.5K+GST. You get unlimited lounge, M&G , Guest Access, BOGO, Eazy Diner , Access to premium lounges and so much more. I think what axis is trying to do is just get rid of few people from magnus pool and when people have shifted they can gradually increase the reward rate from 2.4% vs 4%(Atlas) to 3/4 . And anyway traveledge gives better reward for magnus even after deval.

Axis will remove that or decrease it, they don't have free money for giveaway.
AXIS should follow the steps on HDFC and it should restrict per month bonus earning to 15k-25k max for Magnus.

 

[ansh11]

You will get 1000 partner miles on travel edge as well on 10k spends.

my spends are mostly on websites that do not accept diners or amex.