r/CreditCardsIndia • u/raunaqmurarka • 28d ago
Award Travel 8.28% return from Axis Atlas!
Booked 2 return tickets from Mumbai to Bangalore using Air India points.
The math:
8,000 Atlas Miles → 16,000 Air India points
Taxes: ₹4,000
Same Air India flights: ₹37,108
Net value: ₹33,108
Value per Atlas Mile: ₹4.14
Atlas gives 2 miles per ₹100 spent.
So ₹100 spend → 2 miles → ₹8.28 travel value
That’s an 8.28% effective return.
There was another carrier with similar timings for ₹26,330, so using that as the conservative benchmark:
₹26,330 − ₹4,000 = ₹22,330
₹22,330 ÷ 8,000 = ₹2.79/mile
That still gives 5.58% return.
So depending on how you value the redemption, I’m getting 5.6–8.3% back on regular Atlas spending.
Is this a good Atlas redemption, or am I valuing the points incorrectly?
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u/Real-Manufacturer-71 Edge & Miles 28d ago
What's the reward rate if redeemed for cash ?
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u/Electronic_Cow_2154 28d ago
2% for normal and 5% for travel
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u/Real-Manufacturer-71 Edge & Miles 28d ago
Not reward rate but if used points for statement credit
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u/Rocker2102 28d ago
Are these business class flights?
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u/raunaqmurarka 28d ago
No economy
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u/Rocker2102 28d ago
Tf!? Mumbai to Bangalore 37k!?? How!?
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u/Over-Value-8672 28d ago
Bhai..Makemy trip 8% GV are available everywhere..Adjust 5% to 10% extra paid on their portal
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u/Accomplished_Sea9961 28d ago
congrats. 8.28 is still a mid level return from axis atlas. international routes carry higher return rates for eg delhi to manilla flight is usually 35k and with points its 12k + 2k inr which comes around 11%
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u/ArmyOk2306 24d ago
BLR to Mumbai costs ~10k round trip for economy in December! Sorry, but you’ve wasted your points
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u/PoisonedAXE 28d ago
Atlas gives 5 miles on travel spends. This is where its true value comes from