Axis Bank Atlas Credit Card
The Axis Atlas Credit Card is a premium travel card designed for frequent travelers, offering exclusive EDGE Miles. Unlike other travel cards from Axis Bank, this is a generic card and not co-branded with airlines. It has a joining fee of ₹5,000 and provides special travel, lounge, and dining perks.
Every time you make a purchase, you earn EDGE Miles, which can be redeemed for Air Miles with partner airlines like KrisFlyer or Air India Flying Returns, or for booking flights and hotels through the bank’s Travel Edge portal. The card offers 5 EDGE Reward Points/₹100 on travel-related purchases and 2 EDGE Miles/₹100 on all other eligible purchases.
Additionally, the Atlas Card gives travel benefits such as free access to domestic and international airport lounges and better rewards for foreign currency transactions. For more details, refer to the information below.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Before applying for a credit card in India, consider the following factors:
- Eligibility Criteria: Check the age, income, credit score, and employment status requirements set by the bank or financial institution.
- Credit Score: A higher credit score increases your chances of approval and may result in better offers. Ensure your credit score is in good standing.
- Interest Rates and Fees: Compare annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction fees. These can vary significantly between cards.
- Rewards and Benefits: Look for cards that offer rewards, cashback, discounts, or other perks that align with your spending habits.
- Credit Limit: Make sure the credit limit offered is in line with your financial needs. Avoid over-borrowing, which can lead to high-interest charges.
- Repayment Terms: Understand the repayment options, minimum payment amount, and due dates. Consider how easily you can manage timely payments to avoid interest accumulation.
- Card Type and Features: Choose a card type (e.g., standard, premium, travel, etc.) based on your requirements. Some cards offer more benefits for specific categories like travel, shopping, or dining.
- Bank’s Reputation: Opt for a bank with a good track record of customer service and transparency. Read reviews and consider their customer support accessibility.
- Hidden Charges: Be aware of any hidden fees, such as annual fees, balance transfer charges, and cash withdrawal fees.
- Credit Utilization: Ensure you can manage your spending within the credit limit to maintain a healthy credit utilization ratio, which impacts your credit score.
- Long-Term Financial Plans: Think about how the credit card will fit into your long-term financial goals and avoid accumulating unnecessary debt.
Add new comment