🙂 Yes, in that case, using the 5L Atlas and 4L Platinum Travel cards is a great strategy. And
@vishalprasad there’s no need to specify spending categories and redemption preferences; you might likely already know where and how to use each card, whether it’s directly, through wallets, or via voucher purchases.
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By the way, considering 5L in spending on the Atlas card (with or without TravelEdge spending), we can make some assumptions, as we are already:
- Assumed Spending Breakdown:
- 3L on TravelEdge (for 5x reward rate)
- 2L on other categories
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Earned Milestones and Points:
- Welcome Benefit: 2.5K Edge Miles (EM)
- 3L Spend Milestone: 2.5K EM
- 3L on TravelEdge: 15K EM
- 2L on Other Spends: 4K EM
Total EM Earned: 24K EM
Joining Fee: ₹5,900
Return Rate: 3.62% (this when redeemed 1 EM = 1 Rs. and intended redemption travel).
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If 1 EM = ₹2:
Return Rate: 8.42% (assuming
@vishalprasad intended redemption by transferring miles to group A and redeem at 1 transferred point = 1 Rs.).
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For 5L in non-travel-related spends (like voucher purchases for insurance or utilities):
- Total EM Earned: 10K EM + 2.5K EM + 2.5K EM = 15K EM
- Return Rate: 1.82% (1 EM = ₹1) or 4.82% (1 EM = 2 transfer points [TP])
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Alternatively, instead focusing on 3L spending on TravelEdge for travel-related expenses and redeeming at a 1:2 ratio, SBI Cashback (CB) could still provide a strong value with a fee waiver and less reliance on transfer partners.
SBI CB + Amazon Pay:
- 3L at 5%: ₹15K
- 2L at 1%: ₹2K
- Return Rate: 3.4% (as direct statement credit or Amazon voucher and no need to worry about travel redemption or transfer points to earn extra 1.4%)
Note: Assumes rewards are redeemed within the same year. If carried forward, remember to factor in the ₹5,900 renewal fee. That reduces even more atlas return %.
