KrisFlyer SBI Card vs Axis Atlas (2026)
India's only direct-KrisFlyer earner vs the 1:2 transfer machine — earning miles in the program beats converting into it only if you never fly anyone else.
Head to head
| Metric | KrisFlyer SBI Card | Axis Atlas |
|---|---|---|
| Our rank | #53 | #2 |
| Annual fee | ₹2,999 + GST | ₹5,000 + GST |
| Fee waiver | None | None |
| Forex markup | 3.5% + GST | 3.5% + GST |
| APR | not published | 3.75%/mo (55.55%/yr, compounded as quoted by Axis) |
| Effective reward rate | 1.1% | 4.0% |
| Currency | Singapore Airlines KrisFlyer | Axis EDGE Miles |
| House value | ₹1.10/pt | ₹2.00/pt |
| Welcome benefit | 3,000 KrisFlyer miles on joining-fee payment; complimentary KrisFlyer Elite Silver status on ₹2.5L annual spend | 2,500 EDGE Miles on the first transaction within 37 days |
| Lounge doors opened | 607 of 663 | 607 of 663 |
| Income — salaried | not published | ₹12L+/yr |
| Income — self-employed | not published | ₹15L+/yr |
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 KrisFlyer SBI Card at every spend level we model, from ₹25k to ₹5L a month.
Transfer reach
Only Axis Atlas
- Singapore Airlines KrisFlyer
- British Airways Executive Club (Avios)
- Finnair Plus (Avios)
Full route maps on each card page, best ₹/point routes on the optimizer →
The call
For the ₹1L/month spender, Axis Atlas nets ₹65,200 against ₹15,877 — a ₹49,323 gap. At ₹5L/month, Axis Atlas nets ₹3,01,000 against ₹78,181 — a ₹2,22,819 gap. Lounge chasers get no tiebreak here: both open 607 of 663 tracked doors.
Our standing verdicts: KrisFlyer SBI Card — Keep; Axis Atlas — Keep. On our board, Axis Atlas sits at #2 to KrisFlyer SBI Card's #53 — that's the overall call. Your spend pattern can overrule us: run your exact numbers →