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Axis EDGE reward points — earn, value and transfer

How this fits your card

Card → outcome
  1. Axis credit card The specific product sets the rules
  2. Card earn rate Earn differs by card and spend type
  3. EDGE Reward Points Axis Bank's points currency
  4. Redemption path Catalogue, pay-with-points, or transfer
  5. Realised value Depends on the path and partner rules

Axis Bank EDGE Reward-earning credit cards

7 cards
  • Axis Bank Reserve Annual fee ₹50,000 · Forex 1.5% · Unlimited lounge access
  • Axis Bank Atlas Annual fee ₹5,000 · Forex 3.5% · 2 per quarter domestic + 4 per year international
  • Axis Bank SELECT Annual fee ₹3,000 · Forex 3.5% · 2 per quarter domestic + 6 per year international
  • Axis Bank Privilege Annual fee ₹1,500 · Forex 3.5% · 2 per quarter domestic lounge
  • Axis Bank Horizon Annual fee ₹3,000 · Forex 3.5% · 8 domestic + 2 international lounge visits/quarter
  • Axis Bank ACE Annual fee ₹499 · Forex 3.5% · 4 per year domestic lounge

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Axis EDGE points

You’re looking at Axis Bank’s points currency — catalogue value is fixed; transfer value depends on the partner ratio.

Part of Reward points & programmes

EDGE Reward Points are Axis Bank's reward currency across its credit card range. They earn at different rates by card tier: Magnus earns 12 pts/₹200 (up to ₹1.5L/month), Reserve earns 15 pts/₹200. Points can be redeemed for vouchers at ₹0.20/pt or transferred to 20 airline and hotel partner programmes.

April 2024 devaluation: standard Magnus transfer ratio was cut from 5:4 to 5:2. Magnus for Burgundy customers retain the 5:4 ratio. Travel EDGE portal bookings earn up to 60 pts/₹200 on Magnus (capped at ₹2L/month).

What is 1 EDGE reward point worth?

₹0.20 catalogue, variable via transfer

Catalogue and gift vouchers: ₹0.20 per point (fixed). Example: 10,000 EDGE = ₹2,000 Myntra voucher. Pay with Points at partner POS: ₹0.20 per point (min 300 pts). Partner transfer — standard Magnus: 5 EDGE = 2 miles/points (5:2). Partner transfer — Magnus for Burgundy: 5 EDGE = 4 miles/points (5:4). Transferred miles then follow the airline/hotel programme's own redemption rates. Transfers are instant for most of the 20 partners and cannot be reversed.