Axis Bank Atlas Credit Card: Features & Benefits

[nikhilchauhan]

If you're looking for a credit card that covers the premium and super-premium segments, Axis Bank's Atlas Credit Card might just be the one for you. Made especially for various segments, from travel enthusiasts to those seeking ultra-premium perks, this card comes with a unique structure that might seem a bit complex at first. Let's break it down in a straightforward guide.

Overview​

• Type: Travel Credit Card
• Reward Rate: 4% to 18%
• Annual Fee: ₹5,000 + GST
• Best for Direct Hotel & Airline Spends
• USP: Tiered benefits based on spends

The Atlas Credit Card has recently undergone enhancements, offering a higher regular reward rate and additional accelerated rewards categories. It's an ideal fit for premium users with an interest in travel, and it's considered a worthy replacement for the Axis Magnus in 2024.

Fees​

• Joining Fee: ₹5,000 + GST
• Welcome Benefit: 5,000 Edge Miles (Approx. ₹10,000 value)
• Renewal Fee: ₹5,000 + GST
• Renewal Benefit: 2,500-10,000 Edge Miles
• Renewal Fee Waiver: Nil

While there's no renewal fee waiver, the welcome benefit of 5,000 Edge Miles can be a game-changer. It can be converted into substantial value, especially if you're into luxury stays or prefer Accor hotels.

Design​

The card's design mirrors its premium status—neat, simple, and elegant. The choice of the name "Atlas" aligns well with its travel-centric features.

Rewards​

Unlike other Axis Credit Cards, the Atlas doesn't earn "Edge Rewards" but accumulates "Edge Miles." These miles can be redeemed for various benefits, including travel.

• Regular Spends: 2 Edge Miles per ₹100 spent
• Axis Travel Edge Portal: 5 Edge Miles per ₹100 spent
• Airlines & Hotels (Direct): 5 Edge Miles per ₹100 spent

Redemption​

You have the option to redeem Edge Miles on the Travel Edge portal or transfer them to airline/hotel partners. Transferring points often yields better value, with a conversion ratio of 1:2 for most airlines and hotels.

Milestone Benefit​

The card offers milestone benefits based on your annual spend:

• ₹3 Lakhs: 2,500 Edge Miles
• ₹7.5 Lakhs: 5,000 Edge Miles
• ₹15 Lakhs: 10,000 Edge Miles

These milestones can significantly enhance the overall value of your rewards.

Membership Tiers​

The Atlas Credit Card introduces membership tiers based on annual spending:

• < ₹7.5 Lakhs: Silver
• ₹7.5 Lakhs to ₹15 Lakhs: Gold
• ₹15 Lakhs & above: Platinum

Each tier brings additional perks, including airport services and lounge access.

Airport Services​

Depending on your membership tier, you can enjoy airport meet & greet services (Gold & Platinum) and luxury airport transfer services (Platinum).

Airport Lounge Access​

Complimentary lounge access is tiered:

• Silver: 8 Domestic Visits, 4 International Visits
• Gold: 12 Domestic Visits, 6 International Visits
• Platinum: 18 Domestic Visits, 12 International Visits

Should You Consider Atlas Credit Card?​

For those missing the old Magnus benefits, Axis Atlas is a compelling choice in 2024. It offers tremendous value for the joining fee, with a high reward rate on significant spending. However, be prepared for a potential devaluation after mid-2024.

Conclusion​

In conclusion with a rating of 4.8/5, Axis Bank's Atlas Credit Card is a powerhouse in its fee range, providing experiences usually reserved for ultra-premium cards. If you have substantial spending potential, this card might be your ticket to a fully loaded, rewarding credit experience. Keep an eye out for devaluation news, but until then, seize the opportunity. Time is of the essence.