•A Mumbai traveler, Amit Jain, reduced a Rs 2.2 lakh Mumbai-London flight ticket to just Rs 4,600 using credit card reward points.
•The significant saving was achieved by strategically transferring 17,750 Axis Atlas Miles to Air Canada's Aeroplan program, converting them into 35,500 Aeroplan points.
•This strategy proved highly effective as cash fares on India-Europe routes surged due to rerouted flights avoiding West Asia airspace and increased operational costs.
•Experts advise prioritizing airline and hotel transfers over cashback for higher value, tracking transfer partners, and planning spends around milestone benefits.
•While points can offer exceptional value during fare surges, cash payments might be better for cheaper routes or during sales, emphasizing the need to compare options.