Axis Bank Atlas vs SBI Card Miles Elite

Reviewed by Chandan Kumar Dash

SBI Card Miles Elite has the lower annual fee (₹4,999 against ₹5,000). Axis Bank Atlas has no spend waiver; SBI Card Miles Elite waives its fee on ₹15,00,000 of spend a year. For spends abroad, SBI Card Miles Elite charges the lower forex markup (1.99% plus GST). On all three sample spends below, Axis Bank Atlas comes out ahead after fees. The Saifu app works it out on your own spends, on your phone.

Feature	Axis Bank AtlasAxis0 wins	SBI Card Miles EliteSBI Card4 wins · ahead
Annual fee	₹5,000	Lower₹4,999
Joining fee	₹5,000	Lower₹4,999
Fee waiver	No spend waiver	Waived on ₹15,00,000 spend a year
Rewards	5X EDGE Miles per ₹100 on travel; welcome benefit of 2,500 EDGE Miles; 1 EDGE Mile converts to 2 partner miles	6 Travel Credits per Rs. 200 spent on travel
Airport lounges	8 a year domestic, 4 a year international	More8 a year domestic, 6 a year international
Forex markup	3.5% plus GST	Lower1.99% plus GST
Points	EDGE Miles, about ₹1 a point	Travel Credits, about ₹0.5 a point
Published minimum income and age	Salaried ₹12,00,000 a year, self-employed ₹15,00,000 a year, age 18 to 70	Not published
Network	Not listed	Mastercard
Apply	ApplyAffiliate link	ApplyAffiliate link

Badges mark the lower fee, waiver spend or markup, and more lounge visits. Rewards are not scored here because they depend on where you spend. Affiliate link, costs you nothing extra, we may earn a commission, never changes how cards are ranked. Figures come from each bank's page and can change; check before you apply.

What each card earns in a year

Sample spender	Axis Bank Atlas	SBI Card Miles Elite
Everyday spender₹30,000 a month	More₹640 a year₹5,640 rewards, less ₹5,000 fee	-₹3,469 a year₹1,530 rewards, less ₹4,999 fee
Online shopper₹50,000 a month	More₹6,040 a year₹11,040 rewards, less ₹5,000 fee	-₹1,999 a year₹3,000 rewards, less ₹4,999 fee
Frequent traveller₹1,00,000 a month	More₹25,120 a year₹30,120 rewards, less ₹5,000 fee	₹5,141 a year₹10,140 rewards, less ₹4,999 fee

The sample spends and how this is worked out

Everyday spender, ₹30,000 a month: DMart ₹6,000, BigBasket ₹2,000, Swiggy ₹2,000, Zomato ₹1,500, Amazon ₹3,000, Flipkart ₹1,500, Bills paid on Google Pay ₹2,500, Airtel ₹1,000, Indian Oil ₹3,000, Restaurant (in person) ₹2,500, Uber ₹1,000, Other spends in shops ₹4,000.
Online shopper, ₹50,000 a month: Amazon ₹10,000, Flipkart ₹8,000, Myntra ₹3,000, Swiggy ₹4,000, Zomato ₹3,000, Blinkit ₹4,000, BookMyShow ₹1,500, Uber ₹2,000, Bills paid on Google Pay ₹3,000, Jio ₹1,000, Netflix ₹500, Restaurant (in person) ₹3,000, Other spends in shops ₹7,000.
Frequent traveller, ₹1,00,000 a month: MakeMyTrip ₹10,000, Cleartrip ₹5,000, IRCTC ₹2,000, IndiGo ₹10,000, Marriott Bonvoy hotels ₹8,000, Spends abroad ₹15,000, Uber ₹4,000, Restaurant (in person) ₹8,000, Amazon ₹10,000, Swiggy ₹5,000, DMart ₹8,000, Bills paid on Google Pay ₹4,000, Indian Oil ₹5,000, Other spends in shops ₹6,000.

Worked out with the same reward rules and caps the Saifu app uses. Points are counted at the cash value in the table above. The annual fee counts as waived when the spend reaches the waiver. Joining fees, welcome gifts and milestone vouchers are not counted. Your own spends will give different figures.

Common questions

Which is better, Axis Bank Atlas or SBI Card Miles Elite?

On all three sample spends below, Axis Bank Atlas comes out ahead after fees. It depends on where you spend: compare the figures for the sample spender closest to you, or add your own spends in the Saifu app.

Which has the lower annual fee?

SBI Card Miles Elite (₹4,999 against ₹5,000). SBI Card Miles Elite waives it on ₹15,00,000 of spend a year.

Add a third card Axis Bank Atlas SBI Card Miles Elite

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