The Axis Bank Atlas Credit Card is a premium travel and lifestyle credit card aimed at frequent travelers and shopping enthusiasts. Offered by one of India’s leading private sector banks, Axis Bank, this credit card comes loaded with attractive benefits and rewards for the premium customer segment.
In this detailed review, we will cover all the key features and benefits of the Axis Bank Atlas Credit Card, its fees, eligibility criteria, application process, and other details to help you make an informed decision about this card.
Overview of the Axis Bank Atlas Credit Card
The Axis Bank Atlas Credit Card comes in two variants – Axis Bank Atlas and Axis Bank Atlas Excellence. Both variants offer very similar benefits, with the Atlas Excellence variant providing some additional rewards and benefits.
Some key highlights of the Axis Bank Atlas Credit Card:
- Higher reward points earning rate on travel, dining, and international transactions
- Complimentary domestic and international lounge access
- Lost card liability covers up to Rs. 2 lakhs
- Air accident cover of Rs. 50 lakhs
- Purchase protection cover of Rs. 10 lakhs
The credit card is aimed at frequent travelers looking for a rewarding travel experience along with premium insurance covers and benefits. The card carries an annual fee but offers enhanced value to compensate for it.
Who is the Axis Bank Atlas Credit Card good for?
The Axis Bank Atlas Credit Card is a great choice for:
- Frequent travelers who want to earn additional rewards on travel bookings
- Those who dine out regularly and want additional rewards
- Customers who make international transactions frequently
- Shoppers who want additional purchase protection and extended warranty benefits
- Those looking for comprehensive travel insurance coverage
- Customers looking for premium lifestyle privileges like lounge access
In short, the card is ideal for urban professionals with an active lifestyle involving frequent travel, dining out, international purchases, and shopping. The premium benefits make it worth the annual fees for these cardholders.
Features and Benefits
The Axis Bank Atlas Credit Card comes loaded with a host of attractive features, benefits, and privileges. Let’s look at them in detail:
Welcome benefits
On first card usage, the Atlas card provides the following welcome benefits:
- 5,000 bonus reward points– Equivalent to Rs. 500 cashback
- Vouchers worth Rs. 3,000 for partner brands
These welcome benefits help offset some of the annual card fees.
Ongoing benefits
The Axis Bank Atlas Credit Card provides attractive ongoing benefits on everyday card spending:
Reward points
- 2 reward points per Rs. 200 spent on travel and international transactions
- 5 reward points per Rs. 200 on dining, movies, and merchant EMI transactions
- 1 reward point per Rs. 200 on all other transactions
Unlimited complimentary lounge visits across airports in India through the Priority Pass program. Includes access for the primary cardholder and 1 guest.
Complimentary lounge access
Complimentary domestic airport lounge access – 8 complimentary visits per year ( Calendar Year ) through the VISA program. Includes access for primary cardholders only.
Unlimited complimentary international lounge visits across airports globally through the Priority Pass program. Includes access for the primary cardholder and 1 guest.
Insurance coverage
- Lost card liability covers up to Rs. 2 lakhs
- Air accident cover of Rs. 50 lakhs
- Purchase protection cover of up to Rs. 10 lakhs
Additional benefits
Some other additional benefits offered by the Axis Bank Atlas Credit Card:
- Complimentary movie tickets– 6 per year through BookMyShow
- Taj InnerCircle Silver membership– Get special privileges on stays at Taj hotels
- Club Vistara Silver membership
- Priority Pass membership– Exclusive access to airport lounges globally
- Concierge services– Personal assistance for travel bookings, restaurant reservations, etc.
EMI offers – Special EMI offers on electronics, gadgets, and home appliances purchases through the card.
Fees
While the Axis Bank Atlas Credit Card comes with a host of premium benefits, it does carry an annual fee and a few other charges. Here are the key fees:
Annual fees
- Axis Bank Atlas Credit Card– Rs. 3,000 + taxes
- Axis Bank Atlas Excellence Credit Card– Rs. 10,000 + taxes
The annual fee is waived if annual spending exceeds Rs. 6 lakhs for Atlas and Rs. 15 lakhs for the Atlas Excellence variant.
Other fees
- Cash advance fee– 2.5% of the withdrawn amount or Rs. 500 whichever is higher
- Overlimit charges– 2.5% of over limit amount (Min Rs. 500)
- Late payment charges– Upto Rs. 950 per instance of late payment
- Foreign currency markup fee– 3.5% of the transaction amount
While the annual fee is steep, the premium benefits and rewards offered by the card make it worth paying for frequent travelers.
Eligibility and Documentation
To apply for the Axis Bank Atlas Credit Card, there are certain eligibility criteria and KYC documents required.
Eligibility criteria
The basic eligibility criteria are:
- Minimum age of 21 years
- Annual income of Rs. 6 lakhs or more
Applicants should meet the income criteria to be eligible. Having a good credit score and credit history also helps in improving approval chances.
Documentation required
The following KYC documents need to be submitted along with the application:
- Duly filled and signed application form
- Identity proof (Aadhaar, PAN)
- Address proof
- Passport size photographs
- 3-6 months of bank account statements
- Income proof documents
Do verify the latest requirements before applying as the document list is subject to change.
How to Apply
The Axis Bank Atlas Credit Card can be applied through online or offline channels:
Online application
The fastest way to apply is through the official Axis Bank website or app. Follow these steps:
- Go to the credit card section on the website
- Select Axis Bank Atlas Credit Card and click on “Apply Now”
- Provide basic personal and income details in the form
- Upload KYC documents and submit the application
- The application will be processed after verification
Offline application
You can also apply offline by:
- Visiting the nearest Axis Bank branch
- Asking for Atlas Credit Card application form
- Filling up the form with the required details and submitting it along with KYC documents
- The application will be processed after verification
Application processing time
It takes around 7-10 working days for Axis Bank to process Atlas Credit Card applications. You can expect to get your new card delivered within 2 weeks after approval.
Activate your card as soon as you receive it and you can start enjoying the benefits of the Axis Bank Atlas Credit Card.
Verdict
Now that we have explored the key features, benefits, fees, and other details of the Axis Bank Atlas Credit Card, here is a quick summary of its pros and cons:
Pros of the card
- Higher reward points earning rate on travel, international spends
- Unlimited international lounge access
- Comprehensive insurance coverage
- Premium lifestyle privileges and memberships
- Additional EMI financing offers
Cons of the card
- Steep annual fees
- Limited domestic lounge visits
- Charges forex markup fee of 3.5% on international transactions
Who should get it?
The Axis Bank Atlas Credit Card makes for an excellent choice for frequent flyers, international travelers, and those with premium lifestyles. The higher rewards and fees make sense if you can optimize the benefits through your usage.
With smart usage techniques, you can easily recover the annual fee through rewards and complimentary lounge visits to make the Axis Bank Atlas Credit Card completely worthwhile.
FAQs
What is the Axis Bank Atlas Credit Card?
The Axis Bank Atlas Credit Card is a premium travel and lifestyle credit card aimed at frequent flyers and international travelers. It offers higher reward points on travel and international spending along with premium insurance covers and lifestyle privileges.
What is the annual fee for the Axis Bank Atlas Credit Card?
The annual fee for Axis Bank Atlas Credit Card is Rs. 3,000 + taxes. The annual fee is Rs. 10,000 + taxes for the higher Atlas Excellence variant.
What are the key benefits of the Axis Bank Atlas Credit Card?
The key benefits are higher reward points, complimentary domestic and international lounge access, comprehensive insurance covers, Taj InnerCircle, and other memberships.
What is the reward point system of the Axis Bank Atlas Credit Card?
It offers 2 points per Rs. 200 on travel and international transactions, 1.5 points on dining/movies, and 1 point per Rs. 200 on other spends.
What are the charges for the Axis Bank Atlas Credit Card?
Key charges are annual fees, cash advance fees (2.5%), over-limit charges (2.5%), late payment fees, and forex markup (3.5%).
What is the credit limit on the Axis Bank Atlas Credit Card?
The credit limit is assigned based on the applicant’s eligibility, income proof, and credit score. It usually ranges from Rs. 1 lakh to Rs. 5 lakhs or more if eligibility criteria are met.
How can I apply for the Axis Bank Atlas Credit Card?
You can apply online through the Axis Bank website/app or offline by visiting the nearest Axis Bank branch and submitting the application form along with KYC documents.
What documents do I need to provide to apply for the Axis Bank Atlas Credit Card?
You need to submit identity proof, address proof, income documents, passport photos, and bank statements along with the application form.
How long does it take to get the Axis Bank Atlas Credit Card after applying?
It takes around 7-10 working days to process Atlas Credit Card applications. You can expect card delivery within 2 weeks after approval.
Does the Axis Bank Atlas Credit Card offer lounge access?
Yes, it offers complimentary domestic and international lounge access through VISA and Priority Pass programs respectively.
Does the Axis Bank Atlas Credit Card provide insurance coverage?
Yes, the card provides air accident cover, lost card liability cover, purchase protection, and other insurance benefits.
Conclusion
The Axis Bank Atlas Credit Card makes for an excellent choice for frequent flyers, international travelers, and urban professionals leading an active lifestyle. With a loaded rewards program, premium benefits, and lifestyle privileges, it becomes easier to offset the steep annual fees for those who can optimize the card’s benefits. Make sure to assess your needs and usage before applying to get the maximum value.
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