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Alaska Airlines Atmos Rewards

TPG's most valuable airline mile (1.7¢) — Cathay and JAL distance-chart sweet spots in business are the draw. Rebranded from Mileage Plan 2025, absorbed HawaiianMiles. No Indian on-ramp exists; the Bonvoy/IHG hop is the only way in. ₹1/mile anchor.

Alaska Airlines·holding flat·reviewed 2026-07-10
₹0.50
Floor
₹1.00
House value / point
₹2.40
Ceiling
—
Trend

Nerf risk: stable No tracker events on record for this program

Expiry: never — mileage expiration abolished in 2023

Floor = the worst redemption you can always fall back on; ceiling = the best sweet-spot exit. The house value is what a disciplined traveller actually clears.

Every way in

Every way in (via a hop)

2-hop chains that survive our honesty filter — shown only where no direct route exists or the chain strictly beats it. End-to-end ratio in card points per Alaska Airlines Atmos Rewards point; priced at this program's house value.

2.4:1
Amex Membership Rewards via Marriott Bonvoy cheapest chain
1:1 then 3:1 + bonus · ≈1–3 days end-to-end · min 3,000 pts · max 2,40,000 pts/day
5,000 bonus miles per 60,000 points transferred
The only road in, and it barely leaks — 83% of house value survives at 2.4 points a mile.
₹1.20 to mint 1 pt
2.4:1
HSBC Reward Points via Marriott Bonvoy
1:1 then 3:1 + bonus · ≈1 days end-to-end · min 3,000 pts · max 2,40,000 pts/day
5,000 bonus miles per 60,000 points transferred
The only road in. 2.4 points a mile is the toll — pay it for a booked award, never speculatively.
₹2.40 to mint 1 pt
4.8:1
HDFC Reward Points via Marriott Bonvoy
2:1 then 3:1 + bonus · ≈1–2 days end-to-end · min 3,000 pts · max 2,40,000 pts/day
5,000 bonus miles per 60,000 points transferred
A door, not a route — 21% of house value survives the trip. Only with a specific award already priced.
₹4.80 to mint 1 pt
12.5:1
Axis EDGE Reward Points via IHG One Rewards
5:2 then 5:1 · ≈16–24 days end-to-end · min 10,000 pts
A door, not a route — 20% of house value survives the trip. Only with a specific award already priced.
₹5.00 to mint 1 pt
2.5:1
Axis EDGE Miles via IHG One Rewards
1:2 then 5:1 · ≈16–24 days end-to-end · min 10,000 pts
A door, not a route — 20% of house value survives the trip. Only with a specific award already priced.
₹5.00 to mint 1 pt
5:1
SBI Travel Credits via IHG One Rewards
1:1 then 5:1 · ≈14–42 days end-to-end · min 10,000 pts
A door, not a route — 20% of house value survives the trip. Only with a specific award already priced.
₹5.00 to mint 1 pt

What a point has been worth

Derived only from quantified, dated events in the tracker — no interpolation, no vibes.

₹1.00 → ₹1.00 since 2015
  • 10 Jul 2026 ₹1.00 current house value
  • 1 Mar 2015 ₹1.00 tracker coverage start — no recorded movement while indexed — flat at the current house value; see currencies.yaml source

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