Axis Atlas Credit Card Discontinuation: Rumors, Rewards, and What You Should Do

There is big news circulating regarding the Axis Atlas Credit Card, widely considered one of India’s best credit cards due to the excellent returns it offers on spending. Rumors on social media suggest that this popular card might be discontinued for new applicants very soon.

The Axis Atlas Card Might Be Closing

According to the rumors, the Axis Atlas credit card may no longer be available to new customers after August 31, 2025. This news has come as a shock to credit card enthusiasts, as the card is a favorite for many. If the rumors are true, the opportunity to earn up to 18% in returns on your spending with this card will also end.

Why is the Axis Atlas Card a Favorite?

The Axis Atlas credit card is highly valued for its lucrative rewards structure. For every ₹100 spent, cardholders earn two Edge Miles. This earning rate increases to five Edge Miles for every ₹100 spent on travel.

The value of these miles is a key feature. One Edge Mile can be converted into two partner miles, which means you effectively get four partner miles on normal spending and ten partner miles on travel. When converted to Accor points, where one Accor point is valued at approximately ₹2, the returns become significant. This could yield a value back of up to 20% on travel and between 8% to 10% on normal spending. Along with its various milestone benefits, these features made the card incredibly attractive.

What Happens Now?

The reason for this potential discontinuation is not confirmed. It might be related to Axis Bank recently starting to accept applications for Horizon. For now, this remains a rumor, and its authenticity will only be known for sure on August 31.

However, the current information suggests that while new applications may cease, existing customers will be able to continue using their cards. If you are interested in this card, you have time until the rumored deadline to apply. You can get it as an additional card. If you are an existing Axis Bank cardholder, you can call customer care to request an upgrade or an additional card. Alternatively, you can apply through the Axis Bank app; if you have fewer than three existing credit cards, your chances of approval are good.

An Alternative to Consider: The HSBC Travel One Credit Card

If the Axis Atlas card is discontinued, the HSBC Travel One credit card is poised to become a primary choice for travel enthusiasts. HSBC recently launched its accelerated rewards points platform, significantly boosting the returns on its Travel One card.

With the Travel One card, you earn four reward points for every ₹100 spent on travel and two points on normal spends. With the accelerated rewards platform, these earnings can be much higher. For instance, on hotel spending, you could now receive 24 reward points. If you convert these points to Accor, where one point is valued at around ₹2, you could get a return of up to 48% on hotel bookings. Similarly, on flights, you could see a value back of 32%. As the value of an Accor point fluctuates, these figures are based on a rounded value of ₹2 per point.

While the news about the Axis Atlas card is currently just a rumor, it is a significant one. If you have been considering this card, now might be the best time to apply before you potentially miss the opportunity.