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Axis EDGE reward points — earn, value and transfer

1 EDGE Reward Point is worth ₹0.20 for catalogue items and gift vouchers.

What is 1 EDGE reward point worth?

Catalogue value of EDGE Reward Points
Route Value
Catalogue / vouchers ₹0.20 per point
1,000 EDGE ₹200
5,000 EDGE ₹1,000
10,000 EDGE ₹2,000

Catalogue value — Axis Bank Privilege Credit Card , opens external site . That page states 12,500 EDGE Reward Points are worth ₹2,500 when redeemed against vouchers.

Magnus transfer ratios and annual transfer caps
Route Value Annual cap
Magnus transfer 5:2 5,00,000 pts / calendar year
Magnus for Burgundy transfer 5:4 10,00,000 pts / calendar year

Transfer ratios — Axis Bank, Magnus accelerated EDGE Reward Points terms , opens external site . That document states Magnus at 5:2 capped at 5 Lakh EDGE REWARD Points per calendar year, and Magnus for Burgundy at 5:4 capped at 10 Lakh per calendar year. A ratio without its cap overstates the route, so both are shown.

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 One of two EDGE currencies — not EDGE Miles
  4. Redemption path Catalogue, pay-with-points, or transfer
  5. Realised value Depends on the path and partner rules

EDGE Miles, earned by Atlas and Horizon, are a separate currency. They are not interchangeable with EDGE Reward Points, and they are not what the ₹0.20 above values.

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).

EDGE Reward Points and EDGE Miles

Two currencies

Reward Points 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 airline and hotel partner programmes. Pay with Points at a partner till is ₹0.20 per point, with a minimum of 300 points. After a transfer, the miles follow that airline or hotel programme's own redemption rates. Transfers are instant for most partners and cannot be reversed.

Axis Bank cards earning EDGE Reward Points

7 cards

Axis Bank cards earning EDGE Miles — a different currency

2 cards
  • Axis Bank Horizon Annual fee ₹3,000 · Forex 3.5% · 8 domestic + 2 international lounge visits/quarter
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Context

Orientation
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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

Common questions

Are EDGE Miles the same as EDGE Reward Points?
No. Both sit under Axis EDGE Rewards, but they are different currencies and are not interchangeable. Atlas and Horizon earn EDGE Miles; the cards listed above earn EDGE Reward Points. The ₹0.20 catalogue value on this page is the Reward Point value, not the Mile value.
Where do I see earn rates and transfer ratios?
Earn rates differ by card and by spend type, so they live on each card page. The transfer ratios and the April 2024 devaluation are covered above.
Is EDGE Rewards a lounge network?
No. It is a rewards programme. Lounge access on Axis cards, when it exists, is a separate card benefit and is listed on each card page.