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Axis EDGE reward points — earn, value and transfer

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.