Axis Bank · Magnus Burgundy · Tool
Post-devaluation partner list
The Axis Magnus Burgundy Points Calculator shows the rupee value of your EDGE Reward Points across every redemption option. With 1,70,000 RP at the 5:4 transfer ratio, you can get ₹2,04,000 at Club ITC hotels, up to ₹4,00,000 as KrisFlyer business-class miles, or just ₹34,000 as gift vouchers — a 12× spread. Choosing the right redemption path matters more than earning more points.
Enter your EDGE Reward Points balance above and press Calculate to see every redemption option ranked by rupee value.
The calculator takes your EDGE Reward Points balance as input and computes the rupee value of every redemption path Axis currently supports. Each partner has two data points: a transfer ratio and a value-per-point range.
For most partners, the ratio is 5:4 — 5 EDGE RP convert to 4 partner units. On April 1, 2026, Axis downgraded British Airways, Finnair and Vietnam Airlines to 5:2, which is why those rows sit near the bottom of the ranking. The ratio alone tells you how many partner units you receive: 1,70,000 RP becomes 1,36,000 Club ITC points at 5:4, but only 68,000 British Airways Avios at 5:2.
Value depends on how the partner's currency actually spends. Hotel programmes like Club ITC have tight ranges because redemption is property-price-anchored. Airline programmes have wide ranges because an economy short-haul ticket prices a mile at roughly ₹0.50 while a business-class long-haul seat can price it at ₹3.00 or more. We apply both the floor and ceiling for every partner so you see the honest spread, not a single optimistic number.
The ITC → Marriott Bonvoy bridge is modelled separately because of its 50,000 RP per year cap — beyond that cap, Club ITC no longer permits transfers to Marriott, so the calculator routes the excess to direct Club ITC redemptions.
Every redemption path trades off value, flexibility and transfer speed. The table below summarises the five broad categories so you can match them to your travel pattern.
| Redemption method | Value per RP | Flexibility | Transfer time | Best for |
|---|---|---|---|---|
| Club ITC direct | ₹1.20 | ITC properties only | 7–10 days | Hotel stays in India |
| ITC → Marriott bridge | ₹0.70–₹1.50 | Capped 50K RP/year | 10–14 days | Marriott globally |
| KrisFlyer transfer | ₹0.60–₹2.00+ | Star Alliance partners | 2–3 days | International business class |
| Travel EDGE portal | ₹0.50 | Any flight / hotel | Instant | Quick bookings |
| Gift vouchers | ₹0.20 | Wide retail | Instant | Last-resort only |
Value ranges verified against Axis Bank EDGE Rewards documentation and partner award charts, April 2026.
“Credit card outstandings grew to ₹2.92 lakh crore by December 2024, up from ₹2.53 lakh crore a year earlier — a year-on-year increase of roughly 15 per cent, significantly outpacing overall bank credit growth.”
Hotels win when you need predictability. Club ITC redemptions price at roughly ₹1.20–₹1.50 per EDGE RP regardless of season, room category or how far in advance you book. There are no fuel surcharges, no alliance routing puzzles, and availability at ITC properties remains strong even during peak travel weeks. For cardholders who book three to five stays a year at ITC hotels — Grand Chola in Chennai, Grand Central in Mumbai, Gardenia in Bangalore — the guaranteed floor value makes Club ITC the default choice.
Airlines win in two specific scenarios. The first is premium-cabin international travel: a business-class award from Mumbai or Delhi to Singapore, Tokyo, Frankfurt or London via KrisFlyer, ShebaMiles or Aeroplan can push effective value to ₹2.00–₹3.00+ per EDGE RP. The second is partner stopover programmes — Aeroplan and Turkish Airlines both allow multi-leg itineraries on the same award, which multiplies effective value further. Both scenarios require flexibility on dates and comfort with searching partner award space, which is why airline transfers are labelled “aspirational” rather than “guaranteed”.
The ITC → Marriott Bonvoy bridge sits between these two. It preserves access to the Marriott network — Bonvoy runs promotions and fifth-night-free offers that can match airline-mile ceiling values on the right stay — but the 50,000 RP per year cap means it complements a primary redemption strategy rather than replacing it. Saturate the bridge first, then pick hotels or airlines based on the year's actual travel.
This calculator references transfer ratios and partner rates that Axis Bank publishes on its official EDGE Rewards page, which is the authoritative source for partner availability and ratios. Value ranges for airline miles draw from established airline loyalty programme research; floor figures reflect economy short-haul award charts and ceilings reflect documented premium-cabin sweet spots across Star Alliance, SkyTeam and Oneworld. Hotel point valuations use Club ITC's published points tariff and Marriott Bonvoy's category-based award chart.
Earn-rate modelling assumes the Magnus Burgundy base rate of 12 EDGE Reward Points per ₹200 of domestic spend. A cardholder spending ₹2 lakh per month earns approximately 2.13 lakh RP per year before milestone bonuses — enough to saturate the 50,000 RP ITC → Marriott bridge in roughly 12 weeks and direct the remaining 1.63 lakh RP to a primary redemption strategy.
Sector context draws on the Reserve Bank of India Financial Stability Reports, which track overall credit card outstandings growth and unsecured lending trends. Industry-wide mile valuations reference published analyses of global carrier loyalty programmes (see IATA).
Figures are verified against source material dated April 2026 and reflect the post-devaluation partner list effective April 1, 2026. Partner ratios, caps and value ranges can change without notice; reconfirm at the point of redemption via the Axis EDGE portal or the partner programme's own award chart.