Air India offering 20% bonus on points conversion from SBI co-branded credit cards

While Air India has reworked the Flying Returns programme, it still only has one set of co-brand credit card partners, SBI Card Credit Cards. The Flying Returns co-branded credit card works slightly differently than other co-brand cards, in the sense that the points are accumulated with SBI Cards and not swept into your FR account every month. You have to call SBI Cards to transfer your points into Air India Flying Returns.

Air India is offering a 20% bonus on points conversion

A new promotion has been launched by Air India Flying Returns to encourage people to transfer their points from SBI Cards into Air India Flying Returns. There could be many reasons for this. SBI Cards is due to pay Air India for the points only when the points are exchanged into FR currency, and with this unique arrangement at the end of SBI Cards, maybe they are not nudging people to transfer out their points.

a woman holding shopping bags

Coming to the promotion, as you can note, when you convert your points from SBI Cards Air India co-brand cards between May 13 and May 31, 2024, you will get a 20% bonus in terms of the number of points, with compliments from Air India Flying Returns. The bonus points will be credited by June 15, 2024.

The promotion is only valid for SBI reward points earned on Air India – SBI co-brand cards (Signature & Platinum Cards). The cardholder requires a minimum of 10,000 Reward Points to convert to Air India Flying Returns points, for an Air India SBI Signature Card and 5,000 Reward Points in case of an Air India Platinum Card.  The transfer has to be made in multiples of 5,000 Reward Points. Each Air India SBI Card point is usually convertible into 1 Air India Flying Returns Point.


Air India co-branded credit cards with SBI Cards is offering a 20% bonus on transferring points from the credit card points to Air India Flying Returns through the rest of May 2024. Points can be converted in multiples of 5,000 points each, and the transfer has to be initiated by May 31, 2024.

Will you participate in this conversion bonus from Air India Flying Returns?

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About Ajay

Ajay Awtaney is the Founder and Editor of Live From A Lounge (LFAL), a pioneering digital platform renowned for publishing news and views about aviation, hotels, passenger experience, loyalty programs, travel trends and frequent travel tips for the Global Indian. He is considered the Indian authority on business travel, luxury travel, frequent flyer miles, loyalty credit cards and travel for Indians around the globe. Ajay is a frequent contributor and commentator on the media as well, including ET Now, BBC, CNBC TV18, NDTV, Conde Nast Traveller and many other outlets.

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  1. So is it possible to get their SBI Signature Card now to get the 20000 Bonus points and transfer them before 31st May if we act now

    • @Nitesh, I don’t think SBI works that quickly. But you can sure sign up and use the card the next time they do this promotion.

  2. Yes I will! Just have to deal with the horrible SBI customer support to get them transferred. Wish they would make it online like every other bank has to transfer the points.

    • I have to update this, I requested for a transfer to SBI cards (with dread) on 16th May, and they said it will be transferred by 20th May which led me to laughing. However, sure enough, on 18th May, the points were in my Air India account – amazed – no follow ups, no reaching out and confusion between SBI and AI. Bonus points expected by 15th June.

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