If we do a rough calculation, we are getting 50% more value for what we pay (Rs. 1.10L)
However, I was doing a rough calculation of what if we pay for hotel in cash with Atlas, for calculation's sake, lets consider hotel cost to be 1.5L as well
Atlas will give 10% Accor points 15k which translate (x1.8) to 27k INR value at accor
However, one thing most people forget is, you also earn base accor reward when paying cash.
Roughly you get 25/31/37 (classic/silver/gold) points per Rs. 900~ spent (1.5L / 900 = 166x)
So for same 1.5L stay we also get 4150/5146/6142 points extra, or roughly 7400-11000 INR
Which brings the total value proposition almost closer to what we get through All Signature, ofcourse major difference being with ALL you get to pre-save what you pay, while with cash payment you post-get cashback sort of.
Another semi-advantage is that nights/status from paid bookings do count to your account.
Would love to hear everyone else's opinion on this and any other pros/cons I missed