Axis Bank Launches a New Travel Credit Card- Axis Bank Atlas Credit Card

Axis Bank has launched a new credit card in the travel category- Axis Bank Atlas Credit Card. It is a sub-premium credit card and comes with a membership fee of Rs. 5,000 per annum (plus GST). Unlike most other Axis Bank credit cards, you do not earn Edge Reward Points on the Atlas Credit Card. Instead, you earn EdgeMiles which are redeemable for cashback or can be transferred to partner airlines’ frequent flyer programs.

Apply Now for Axis Bank Atlas Credit Card

See Also: Best Travel Credit Cards in India 2022

Axis Bank Atlas Credit Card Features & Benefits

As mentioned above, Axis Bank Atlas Credit Card is a travel credit card in the sub-premium range, therefore, apart from the earning Miles against spends on the card, you also get a number of other benefits such as Welcome Miles, additional Miles on achieving the stipulated spend milestones, accelerated Miles on foreign currency transactions and many more. Some of the key features of Axis Bank Atlas Credit Card are as follows-

• • Welcome Benefit: You get 5,000 Miles worth Rs. 5,000 as a welcome gift on joining the card membership on completing three successful transactions with the card within 60 days of card issuance.
  • Reward Rate: Axis Bank Atlas Credit Card earns you 5 Miles per Rs. 100 on travel spends, 2x Miles on transactions made in foreign currencies and 1 Mile per Rs. 100 on all other spends with the card.
  • Membership Tiers: Axis Bank Atlas Credit Card membership is available in three tiers- Silver Tier, Gold Tier and Platinum Tier. Initially, a new cardholder is in Silver Tier, the membership is upgraded to Gold Tier on the annual expenditure of Rs. 7.5 lacs and Platinum tier on spending Rs. 15 lacs in a year. In case a cardholder is unable to spend the minimum threshold amount for a given tier, their membership is downgraded as per the following table-

• • Annual Benefit: Axis Bank Edge Credit Cardholders get Bonus Edge Miles every year the card membership is renewed. The number of Bonus Edge Miles credited as annual benefit varies depending upon the membership tier-

• • Milestone Benefits: Axis Bank Atlas Credit Cardholders get Bonus Edge Miles on achieving certain stipulated spend milestones-

• Reward Redemption: The Edge Miles earned on the card can be redeemed for booking flights/hotel/experiences via Axis Bank’s Travel Edge Portal.

Alternatively, the Miles can also be transferred to partner airlines’ frequent flyer programs as per the following table-

• • Airport Benefits: You get complimentary domestic and international airport lounge access and airport concierge and airport pickup and drop service with the Axis Atlas Credit Card. The number of complimentary lounge visits is different for different tiers of cardholders-

• Dining Delights: You get a discount of up to 20% at over 4,000 partner restaurants under the Axis Bank’s Dining Delights program.

Axis Bank Atlas Credit Card Fees and Charges

• Annual Fee: You have to pay an annual membership fee of Rs. 5,000 (plus GST) for the Axis Bank Atlas Credit Card at the time of joining the card membership and every year the membership is renewed.
• Forex Mark-up: You are charged a mark-up fee of 3.5% of the transaction amount on all foreign currency transactions made with Axis Bank Atlas Credit Card.
• Cash Withdrawal Fee: A cash withdrawal fee of  2.5% of the withdrawn amount is charged on cash withdrawals with the card at ATMs.
• Add-on Card Fee: You can get an add-on credit card with your Atlas Card without paying any additional fee.
• Fuel Surcharge: Fuel surcharge of 1% as applicable on fuel transactions is waived off for transactions between Rs. 400 and Rs. 4,000 (max waived amount capped at Rs. 400 per statement cycle).

Bottom Line

With the launch of the Atlas Credit Card, Axis Bank is trying to attract new customers who are looking for a generic travel credit card as most of the travel credit cards currently offered by Axis Bank are co-branded cards. The bank also seems to be pushing its existing cardholders to spend more on travel as the bank recently launched its Travel Edge Portal where Axis Bank cardholders can book flight tickets and make hotel reservations. The bank has also started offering 5x Edge Reward Points on travel spends via Travel Edge on the Magnus Credit Card which is one of the most popular credit cards by the bank in the super-premium segment.

Apply Now for Axis Bank Atlas Credit Card