Axis Bank has recently added the ability to transfer Edge Reward points to Partner points and miles which is one of the major move taken by Axis Bank to serve the affluent customers of the bank.
Below transfer rate from Edge Rewards to Partner points & miles are applicable for Affluent / HNI cards only: Magnus, Reserve & Burgundy Private. Axis Atlas is dealt separately.
Other cards transfer at 10:1, which is poor and not worth transferring, hence not covering them in this article.
Table of Contents
Airline Partners
| Airline | Loyalty Program | Transfer Ratio (Atlas Miles:Partner Miles) | Transfer Ratio (Edge Rewards: Partner Miles) |
|---|---|---|---|
| Singapore Airlines | Krisflyer | 1:2 | 5:4 |
| Qatar | Privilege Club | 1:2 | 5:4 |
| Etihad | Etihad Guest | 1:2 | 5:4 |
| United | Mileage Plus | 1:2 | 5:4 |
| Ethiopian Airlines | Sheba Miles | 1:2 | 5:4 |
| Turkish Airlines | Miles & Smiles | 1:2 | 5:4 |
| Air France KLM | Flying Blue | 1:2 | 5:4 |
| Spice Jet | Spice Club | 1:2 | 5:4 |
| Air Asia | Air Asia Rewards | 1:2 | 5:4 |
- Expected turnaround time to transfer: 1 Day for Etihad, Air France, united & Spice Jet (others: 10 Days)
Hotel Partners
| Hotel | Loyalty Program | Transfer Ratio (Atlas Miles:Partner Miles) | Transfer Ratio (Edge Rewards Miles:Partner Miles) |
|---|---|---|---|
| Marriott | Marriott Bonvoy | 2:1 | 5:4 |
| ITC | Club ITC | 1:2 | 5:4 |
| IHG | IHG Rewards | 1:2 | 5:4 |
- Expected turnaround time to transfer: 1 Day for Marriott & IHG / 10 Days for ITC
Note: Axis systems were having an issue initially when it went live a day back. So while transferring make sure you’re seeing the proper “transfer ratio” in the slider.
What’s the reward rate?
If you spend 1 Lakh on Axis Magnus and Reserve, this is what you get:
- Magnus: 4800 +20,000 (milestone benefit) = 24,800 partner Miles
- Reserve: 6000 Partner Miles
Magnus is indeed a MIND BLOWING card for spends upto 1L, for spends higher than a lakh, Reserve is better. For international spends, reserve is the only card you ever need going forward, as it gives 2X rewards.
So if you look at the reward rate angle on regular domestic spends, it turns out to 2.4% – 4.8% on Magnus (~24% on 1L spend) and 3% to 6% on Reserve assuming a conservative value of 0.50 INR to 1 INR on select partner points and miles.
But it’s indeed not an easy game if you do-not know what you’re doing. For most cardholders, Marriott & ITC points transfers are simple to begin with. And for the experts the airline transfer may come handy.
With this addition American Express Credit Cards looses its major USP (Marriott transfer) and so spends will move to Axis Premium Cards, as reward rate is lot better with Axis.
I mean why would anyone use Amex Platinum charge to earn 2.5K Marriott Bonvoy points (1L spend) while you can earn 4.8K(Axis magnus) or 6K(Axis reserve) instead?!
How to Transfer?
It’s super simple and you can do it in matter of few clicks.
- Login to Travel Edge portal (use the same login credentials you use for Axis a/c login)
- Choose “Link Member” on the top right. Fill the details of the transfer partner.
- Once done, choose “Transfer Rewards” on top right, choose the program and points required to transfer using the slider and submit.
- It takes anywhere between 1-10 days for the transfer to happen.
Latest Updates
Here are the average time taken to transfer your Axis points to respective loyalty programs in real life:
- Marriott Bonvoy transfers are done instantaneously
- Krisflyer transfers takes 2-3 days
- Club ITC transfers takes 5 days
Feel free to report the time taken to transfer to other partners, just incase if you’re tried.
Final Thoughts
What can I say! The golden age of Indian credit cards has just begun. Enjoy the complimentary flight ticket redemptions and hotel stays as long as you wish.
Make hay while the sun shines!
Not to forget that the sun is shining for the second time in recent times and you know how long it lasts.
So we might see some changes on conversion ratio in future as more and more cardholders explore the points transfer option, just as always which happens with any lucrative program.
But I hope we will have sufficient time to enjoy the benefits and perhaps that helps us to eventually explore the Life beyond Credit Card Rewards.
*** Happy days ahead ***
31000 points (25000 air miles) for 1 lakh of spend seems to be too good to be true.
Further, the you can earn accelerated reward points on grab deal, travel edge and gift edge.
For example, if you buy Rs 1 lakh voucher of Kalyan jewellers for axis gyftr portal (this is running at 10x currently) will fetch up a whopping 60000 points which is 48000 air miles! Is there any catch here? Is there any capping on max reward points on axis grab deal, axis gift edge and axis travel edge?
Never tried it as Kalyan is not a trusted brand as heard so. But note that you can’t purchase gold coins with it.
For grab deals they’ve added 10K a month capping, not sure if they did it for Gift Edge as well.
Can anyone confirm about the maximum limit on gyftr edge portal? Has any one received more than 10000 edge points in a month.
Accelerated EDGE REWARDS: Earn 5X/10X EDGE REWARD Points whenever you make a purchase from this voucher portal. The Axis Bank EDGE REWARDS Points depend on the brand you choose. There is no upper limit on points you can earn. Get 10X Reward Points on over 100 brand vouchers and 5X Reward Points on many major brands such as Uber, Ola, Big Bazaar, Mobile Recharge, Flipkart, Spencer‘s Retail, Grofers, Croma etc.
Above from GYFTR page
well, I am not sure, about the part you are mentioning there.
There must be a cap or a catch. Otherwise, if my maths is right you would be getting benefits which are nearly equal to the amount you are spending.
1 Lac voucher of Kalyan Jewellery on Magnus
Base points: 6,000
Milestones point: 25,000
10 x point(6K*9) 54,000
Total points: 85,000
As per Siddharth’s comment:
Marriot: 50 Ps to 1 INR
ITC: 1 INR to 1.2 INR (sometimes even better)
Krisflyer: 80ps to 1 INR (sometimes even better)
So the above points are almost equivalent to Rs.1 if used right. Which makes it Rs. 68,000 Worth.
If I am missing anything here please correct me.
Well 10x is capped at 10k edge points a month so your calculation are wrong and it seems like to good to be true
Archit, I meant the same thing Rehotorically. When I put across that calculation but thanks for sharing your two bits of wisdom. Much Appreciated!
Not sure 10x is capped at 10K or 9x is capped at 10K. Unlike the attention that hdfc smartbuy received not much is clear about grabdeals/giftedge/traveledge
Hi Siddharth milestone benefit for magnus is 25000 reward points
I converted it to partner points/miles for calculation.
Hi thank u for this article please tell me about magnus 4800 points part and 2.4% to 4.8%. The 1 lakh 25000 points 5:4 converts to 20000 points is clear.
4.8% if we keep 1 partner point = 1 INR (assume ITC)
2.4% if we keep 1 partner point = 0.50 INR (assume Marriott)
so we get better benefit by transferring edge rewards to ITC membership. is ITC culinaire membership free? or it comes at some cost? I got magnus approved today and I am a high spender
How is magnus reward rate 24% with point transfer? Can you explain more on this?
Multiply points earned by 0.80 and you get the value.
Please fo give us details of these frequent flyer programs as i am a newbie. Air asia and spicejet are 2 domestic airlines i use. Air asia is linked to tata neu coins please advive about the reward program
How did you get 5:4 ratio? I am still seeing 5:1 or 10:1 ratio.
No idea, I was shown 10:1 before but by mid-day it got fixed for me along with many.
thanks for this wonderful news article Sid.
converting edge rewards to which loyalty partner is most cost effective?
Most go for Marriott / ITC / Krisflyer. It all depends on the needs!
Hi Sid,
If I convert 75000 Edge Rewards to 60000 ITC Green Points (5:4 ratio).
ITC allows annually max 60000 Green Points to be converted to Mariott Bonvoy points in 2:3 ratio. So, if I do that I will get 90,000 MB points.
So, for 75,000 Edge Points I will get 90,000 Mariott points (Ratio of 5:6) which will better than 5:4 ratio that I get if I transfer directly from Axis Edge to Mariott Bonvoy points.
Is my understanding correct? Kindly advise.
I was hoping no one says this here. It will be gone soon now.
I converted about 1.4 lac Edge points to 1.10 lac ITC Green Points (5:4 ratio).
Have now given request for transfer of 60,000 ITC Green Points (max allowed in year) to 90000 Marriott Bonvoy points (under process).
So indeed we are getting 5:6 ratio for Axis Edge to MB points through this method.
I don’t see the option to convert axis points to ITC. Is it removed
Dear Siddharth, I may be wrong but I remember Marriot transfer is @2:1 in Atlas card. They have also taken off Vistara transfer
Sorry for the confusion, yes, you’re all right. Updated.
We anyway have vistara cards, maybe Vistara wants to take their cards instead so maybe discouraging transfers otherwise.
Vistara is back. I think they are working on the website so hang on.
Transferred around 4K to vistara, I will keep you all posted.
Hi Pranav,
Are the points transferred in Vistara
Yes on Sep 2. So took around 4 days.
I won’t transfer to Vistara henceforth. This was test transaction. I am searching for the right partner to make free Europe trips
i can see vistara @5:4
Looks very promising after the 10 x HDFC program. Fingers crossed as a magnus user !!!
Nice Sid.. have you done analysis of points value under different programs like what each point is worth in their respective memberships like ITC vs Marriott etc.? Please share the link if it’s already there. Thank you!
Marriot: 50 Ps to 1 INR
ITC: 1 INR to 1.2 INR (sometimes even better)
Krisflyer: 80ps to 1 INR (sometimes even better)
These are the most used ones. I’ll let others share their findings.
Thanks Sid! Why is there a range and not fixed value as you mentioned above? Does it have to do with time to time offers or selection of hotels category?
One can get a better rate on the Bonvoy transfer by routing the transfer through ITC first, and then to Bonvoy, as ITC to Bonvoy ratio is 2:3. So if this route is used then the actual ratio for Bonvoy becomes 5:6 for Magnus, Reserve etc., and 1:3 for Atlas.
Please mention the time taken for this route. Also I saw a limit of 60000 green points is it per calendar year
ITC is not showing now on the list. They may have removed it
ITC Points can be transferred to Marriott as 2:3. So Edge Rewards -> Marriott would be 5:6 instead of direct 5:4(via ITC)
Even I just noticed that ITC green points is not there any more. Have they removed it Sidharth?? That was the best hotel deal conversion compared to Marriott or IHG. Can you shed some light on it?
It will come back, except that we don’t know if they’ll come with any new terms & conditions. We’ll have to wait.
Club vistara is added now as new partner. But aren’t the flights more expensive than say SpiceJet or air Asia. I tried air Asia big points but since merging with Tata neu some error is there. I transferred to club marriot in evening at 7pm and points already in bonvoy app by morning
All of a sudden Vistara seems to have lowered the prices for flights (in CV miles) for example I booked 2x PE seats from Chandigarh (IXC) to BLR which was showing price at 11K+ each for just 7.5K miles+700Rs. Similarly a 25K+ business class seat for BLR to IXC, I got for 17K miles + 1000 or 1200 Rs. At the same time economy tickets, available for revenue rate around 9K were being given for 4.5K + 600-700Rs. So overall at this sector it was giving upto 2Rs/CV mile (mabe 1.8-1.9 with tax/fee in cash)
Looks like Vistra is on a roll. Not to mention the superb red carpet feeling their customer care gave. With the closed eyes, decided to renew my Vistara Infinite.
Great news! Just got my Magnus approved. Have about 24,000 Edge Points existing in my Axis rewards account. Would I be able to get the higher 5:4 ratio on these pre-existing points?
Yes
@Nitish, Thanks for confirming the same.
I have one query which Ive mailed to Axis bank but no revert (been 15 days)
Query:
Is it possible to transfer edge to air mile where the names do not match on both accounts ?
If the names don’t match will the edge points be reimbursed or lapsed ? 🤔
PS:Axis CC T&C states both names should match.
Backstory: I would wish to accumulate all air miles in my account. I will be transferring edge to airmiles from my family members respective account to mine.
Also, any changes in the transfer conversion ratio to Club Vistara points?
I am seeing a lot of interest in Axis mileage transfer. Based on my previous experience with ITC and Krsflyer, I would recommend that don’t transfer the points until you are sure of travelling and can see reward nights/seats.
Many times I have seen that such redemption is not available easily (nothing beats Vistara on this though. They are super transparent). So instead of getting stuck in another programme, wait until you are sure of travel and availability.
Also, I am seeing 24%, 30% numbers in many places but based on my conservative estimate, we should not value edge reward points more than INR 0.5 or 0.6. If you take that as a case, this would mean around 3.5% return on regular spending and 15-18% return on 1 L spend which reduces once you spend more.
This is also very similar to HDFC DB and Infinia when 10x offers were live.
Hence, while this is a fantastic offer, please be cautious when transferring.
I have recently converted my edge reward points to spice club points and came to know that they give 50p value for one point. Can you tell what value other airlines are providing for their points?
Great update Sid. Had a query:
Do rent payments, wallet top-ups, insurance payments, utility payments, etc. count towards INR 1 L monthly milestone?
Hi Sid please write an article on marriot bonvoy. I read one article at kochi marriot where for 12500 u got breakfast and lounge plus upgraded room. Were all 3 part of gold elite. Because I tried booking now and it says point booking for room only. No complimentary breakfast.
@Sid,
Axis Magnus 25K Edge points = 20K Bonvoy right ? So on 1L spend, we get 20K marriott points vs 2500 on Amex plat ?
Is this math correct or something is amiss
~Neo
Hi Sid, Super Article as always. Can I apply for Axis Magnus (Card on Card) via My HDFC Infinia (11 Lacs Limit)?? Currently, I’m holding Axis Ace with 2.5 Lacs Limit but they are denying for Upgrade. Thank you.
Till date Axis has not been able to fix my login issue. I have 3 cards from Axis but I cannot login to internet/mobile banking despite escalating multiple times..
They all keep asking the same thing – uninstall and reinstall app..
How will i use the edge rewards 😂😂😂😂
Witj renewal date coming two of the cards will be closed.. will continue with Vistara Infinite for another year..
Hi Siddharth, it looks like clubITC gives the best value for these points, is that what you recommend everyone transfer points to?
Also, for some reason I cannot find a way to see how many points per night are required by ITC hotels, is it something hidden only to be shown much later?
Lastly, is there any card here in India given option to transfer to Hyatt?
Thanks!
Try looking for other hotel. ITC does not allow points booking for some hotels (especially the grand ones 🙂 )
This is a good way to get the maximum benefit out of your one’s Magnus credit card. But this essentially renders Vistara Infinite useless when it comes to the reward system.
Do you know when this above offer is going to end?
Secondly, are they issuing add-on cards on Magnus?
Thirdly, If anyone could share the Airmiles game and how that work it would be great.
Cheers,
Does anyone know how exactly do we use mikes between airlines for ex Singapore airlines and air india are part of star alliance but how do I use kris flyer miles in air india
We have currently no Axis Bank relationship other than Flipkart Axis Bank card. Given the Citibank conversion to Axis still has about 6 months, I’m keen to apply for an Axis Bank Credit card looking at the decent offers and redemptions they’re coming with.
So my question is assuming I’m eligible for the highest category cards as well, which card should I apply for? Key purpose is to get maximum rewards % on spends as for other benefits like Golf or Lounge I have various other cards that take care of it.
Thanks in advance!
what is he value of spicejet point? 1 point = 1 rs?
Seems rental payment using all axis cards has been stopped. Any updates?
Rental payments or the points on rental payments ?
Heard rental payments are stopped. My rental payment through payzapp was declined
Thats is bad.
I paid rent using Axis Vistara Infinite through Payzapp using Redgirraffe on 7th. Worked fine, faced no issues at all.
But it seems that these arent counted for 1L spends, confirmed with Axis CC yesterday
Hello,
Any idea if we can purchase club marriot membership using marriot bonvoy points?
I don’t see any other Air miles conversion options other than just Vistara, is this just me?
For Europe trips try Turkish airline. Book with star Alliance partner, it will give you best value atleast for europe.
I like United better. Its a Star Alliance partner too, plus the taxes are very low.
I don’t know how you calculate the same. I m travelling to paris this october from 12-18. If you book the same flight from united it will cost you (63,000 miles+ USD 75.74) but for turkish airline it will cost you (38,000 Miles + USD78.44). Almost 25000 less miles required in case of turkish air line.
Hope you are using the bonus of mile transfer on united right now 🙂
Currently one promotion is going for transferring hotel points to united miles.
for 30% bonus. I haven’t found any credit card transfer promotion. If any please let us know as I planning a trip to tokyo using partner booking on united for ANA.
Convert Amex to Marriot at 30% and then Marriot to United with 30% offer. Make sure you transfer 60000 Marriot points to united for maximum benefit.
For ~46k Amex points you get 35k United miles which is very good conversion value for Amex
Marriot to United offer ends Sep 30.
Hello,
If we do rent payment using nobroker kr any other platform, is it counted towards 1 lac milestone? Could not find anything in T&C.
After reading this I wanted to upgrade to magnus card and I called customer care and asked them for upgrade and they told me axis Bank stopped taking upgrade requests or card type change requests completely.If I want magnus card I have to apply for it via fresh card application.Is there any other way to get magnus card other than fresh application? And yesterday I saw there was an upgrade offer from Privilege card to Select BGD card with no joining fee and no annual fee and upgrade to atlas card with 5000 fee.Should I get the select card with zero fees or apply for fresh magnus card?
How to check the milestone amount left on axis magnus ?
rent payment paid through paytm or freecharge will be counted or not ?
CLUB ITC IS MISSING FROM HOTEL PARTNERS LIST. POINTS TRANSFER TO ITC CLUB IS NOT AVAILABLE. BUT WHY?
Seems it is now at 20 paisa , the benefit is gone now. You get 1 point for every five points in miles conversion – did anyone check now? damp squib.
Seems the issue is sorted now.
Yes,but i found it a bit shady though , the correction happened immediately after i mailed them or its just serendipity.
Yes, I converted my points to ITC in the ratio 5:4, last night.
Yes, the issue is sorted. I am new to Magnus, got it this month. I was able to convert the acquired reward points today (30/09/2022) to Flying Blue miles at a ratio of 5:4.
Which airmiles are good to redeem? I have close to 68000 miles