Axis Atlas vs SBI Card MILES ELITE (2026)
The 1:2 doubling against the widest 1:1 partner list — India's two dedicated miles cards, one winner per spend style.
Head to head
| Metric | Axis Atlas | SBI Card MILES ELITE |
|---|---|---|
| Our rank | #2 | #37 |
| Annual fee | ₹5,000 + GST | ₹4,999 + GST |
| Fee waiver | None | ₹15,00,000 spend |
| Forex markup | 3.5% + GST | 1.99% + GST (also 1.99% DCC on INR-billed international transactions ≥₹1,000) |
| APR | 3.75%/mo (55.55%/yr, compounded as quoted by Axis) | Up to 3.75%/mo (45%/yr) |
| Effective reward rate | 4.0% | 1.0% |
| Currency | Axis EDGE Miles | SBI Travel Credits |
| House value | ₹2.00/pt | ₹1.00/pt |
| Welcome benefit | 2,500 EDGE Miles on the first transaction within 37 days | 5,000 Travel Credits on ₹1L spend in 60 days |
| Lounge doors opened | 588 of 644 | 583 of 644 |
| Income — salaried | ₹12L+/yr | not published |
| Income — self-employed | ₹15L+/yr | not published |
Gold marks the better side of a row. House value is our ₹-per-point mark for each card's currency — the full valuation index →
Net annual value face-off
Everyday spend at each card's base rate plus a realistic ~20% at its best accelerator (less for narrow or capped boosters) — milestones, fee waivers and the redemption haircut all at our house ₹/point. That's why the biggest headline rate doesn't automatically win. Tune it to your own spend in the calculator.
Axis Atlas out-earns SBI Card MILES ELITE at every spend level we model, from ₹25k to ₹5L a month.
Transfer reach
Both reach
- British Airways Executive Club (Avios) 2:1 vs 1:1
- Air France-KLM Flying Blue 1:2 vs 1:1
- Air India Maharaja Club 1:2 vs 1:1
Only Axis Atlas
- Singapore Airlines KrisFlyer
- Finnair Plus (Avios)
- IndiGo BluChip
Only SBI Card MILES ELITE
- ALL - Accor Live Limitless
- Emirates Skywards
- AirRewards (Air Arabia)
Full route maps on each card page, best ₹/point routes on the optimizer →
The call
For the ₹1L/month spender, Axis Atlas nets ₹60,200 against ₹29,881 — a ₹30,319 gap. At ₹5L/month, Axis Atlas nets ₹2,91,000 against ₹94,400 — a ₹1,96,600 gap. Lounge chasers: Axis Atlas opens 588 of 644 tracked doors to SBI Card MILES ELITE's 583.
Our standing verdicts: Axis Atlas — Keep; SBI Card MILES ELITE — Keep. On our board, Axis Atlas sits at #2 to SBI Card MILES ELITE's #37 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →