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SBI drops Flying Blue from the MILES transfer table — the second 1:1 door to close in two months

SBI's 23 September MILES rewards T&C no longer lists Air France-KLM Flying Blue. Travel Credits now go to 16 airlines and 8 hotels; every other ratio is unchanged.

What changed

Worse for you

Partner change · SBI Card

Before

SBI Card Travel Credits transferred 1:1 into Air France-KLM Flying Blue, row 4 of the seventeen-airline table in §3 of the MILES rewards T&C (3-Aug-2026 edition). At the ₹1/partner-mile anchor that was a full-value exit, and the cheapest Indian door into Flying Blue's Promo Rewards from India.

After

No Flying Blue route from SBI. The 23-Sep-2026 edition of the MILES rewards T&C lists sixteen airline partners and Air France-KLM is not one of them — neither "France" nor "KLM" appears anywhere in the seven-page document. Every other partner survives at the same ratio: 16 airlines + 8 hotels, 13 of them at 1:1.

See it with every other change

The card this affects

SBI Card MILES credit card

SBI Card MILES

SBI Card

₹8,800 a year at ₹75,000 a month

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SBI Card’s MILES rewards T&C, dated 23 September 2026 inside the PDF, has one fewer airline than the 3 August edition. Air France-KLM Flying Blue is gone. Neither “France” nor “KLM” appears anywhere in the seven-page document.

The numbering makes the deletion certain. Rows one to three are unchanged (Air Arabia, AirAsia, Air Canada). Air India moved from 5 to 4, British Airways from 6 to 5, and every row below moved up exactly one. Row four used to be Flying Blue at 1:1.

This is the second 1:1 exit SBI has closed in two months, after Etihad Guest in August. SBI published no notice for either; the PDF is the only record.

What’s left for SBI MILES, MILES Prime and MILES Elite holders: 16 airlines and 8 hotels, 13 of them at 1:1, including Air India Maharaja Club, British Airways and Qatar Avios, Air Canada Aeroplan, Cathay and Qantas. Our ₹1 value for a Travel Credit doesn’t move, because those 1:1 exits still exist. If you were saving Travel Credits for a Flying Blue Promo Reward, the cheapest Indian route in is now a bank currency that still transfers there; the transfer partners page lists them.

Source: SBI Card — MILES rewards programme T&C, 23 September 2026 edition, read 2 October 2026.

Comparisons this changes

HSBC TravelOne vs SBI Card MILES

Two transfer hubs under ₹5,000. TravelOne pays 2 HSBC points per ₹100 and 4 on flights, travel portals and forex, moving to 20 partners; SBI MILES pays 1 Travel Credit per ₹200 and 2 on travel, moving to 24. TravelOne is ahead at every spend level the page tests. ₹4,999 waived at ₹8,00,000 of spend against ₹1,499 reversed at ₹6,00,000; forex is 3.5% against 3%. TravelOne opens six domestic lounge visits a year and four abroad on LoungeKey; SBI MILES four domestic a year plus up to eight earned on spend, and none free abroad.

Axis Horizon vs SBI Card MILES

The two entry miles cards from Axis and SBI. Horizon pays 2 EDGE Miles per ₹100 and 5 on Travel EDGE and direct airline sites, moving 1:1 to most of 27 programmes; SBI MILES pays 1 Travel Credit per ₹200 and 2 on travel, moving to 24 partners. Horizon out-earns SBI MILES at every spend level the page tests. ₹3,000 with no spend waiver against ₹1,499 reversed at ₹6,00,000; forex is 3.5% against 3%. Horizon opens eight domestic lounge visits a quarter on the Visa card and two international a quarter; SBI MILES four domestic a year, no more than two a quarter, plus up to eight earned at one per ₹1,00,000 of spend, and its free Priority Pass charges for every visit.

SBI Card MILES vs SBI Card MILES PRIME

SBI's two lower MILES tiers, the same Travel Credits a ₹1,500 fee apart. MILES pays 1 Travel Credit per ₹200 and 2 on travel; PRIME pays 2 per ₹200 and 4 on travel, plus 10,000 Travel Credits at ₹8,00,000 of spend. MILES wins under ₹1L a month; PRIME takes over from ₹1L. ₹1,499 reversed at ₹6,00,000 of spend against ₹2,999 reversed at ₹10,00,000. PRIME opens eight domestic lounge visits a year, no more than two a quarter, and four Priority Pass visits abroad; MILES four domestic a year plus up to eight earned on spend, and none free abroad.

More on this story

  1. Eternal SBI Card: ₹499 fee, 10% off on Zomato

  2. SBI Card and Eternal launch the Eternal SBI Card

  3. Does Priority Pass work in Indian lounges? On 26 cards, only if you pay

  4. SBI puts its FD-backed Advantage cards on YONO

  5. Flying Blue splits awards into Light, Standard and Flex — the same seat now costs 25% more

  6. SBI drops Etihad Guest from the MILES transfer table

Air France-KLM Flying BlueSBI Card transfer partners

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