Axis Bank notifies new transfer ratio for transfers to Accor effective September 1, 2023

Amongst one of the most contentious reward transfer partners for Axis Bank’s EDGE Rewards has been Accor’s ALL Programme. The programme offers Euro 40 worth of value on burning 2000 points, which turns into an INR 1.8 value per point, give or take. However, the standard of most Indian Accor properties is basically select service (Ibis), so these are usually not aspirational reservations.

Axis Bank notifies Accor transfers to 10:1 Ratio

When Axis Bank announced the changes to transfer ratios and the package of Reserve, the Bank had given up on the earlier version of their wishlist where they wanted to use a higher transfer ratio for Accor points. However, in a late-night communication sent to Reserve cardholders last night, there has been new verbiage that has been introduced, which reads as follows:

  • You can transfer EDGE Reward points to domestic and international partners* across airlines and hotels as per the revised transfer ratio of 5:2 (5 EDGE Reward Points = 2 Partner Point/Mile)
  • *For Accor, transfer ratio will be 10:1 for Reserve (10 EDGE Reward Points = 1 Partner Point/Mile)

And before it goes away (if it does), here is a screen grab of the notification as well:

a white and black text on a white background

For the record, this last-minute change of plans looks suspect since neither have Magnus holders yet heard of a similar change nor has the master set of rules around EDGE Rewards transfer been updated yet. I don’t see why Reserve Cardmembers get a change and Magnus does not.

a card with text and numbers


Axis Bank Reserve Cardmembers have received notification from the bank that the transfer ratio for Accor transfers from their EDGE Rewards will become 10:1 effective September 1, 2023. No other changes have been notified to any other card so far. This strikes as odd as Axis Bank selectively change terms for one card while letting others slip through.

What do you think of this change for Axis Bank Reserve Cards?

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About Ajay

Ajay Awtaney is the Founder and Editor of Live From A Lounge (LFAL), a pioneering digital platform renowned for publishing news and views about aviation, hotels, passenger experience, loyalty programs, travel trends and frequent travel tips for the Global Indian. He is considered the Indian authority on business travel, luxury travel, frequent flyer miles, loyalty credit cards and travel for Indians around the globe. Ajay is a frequent contributor and commentator on the media as well, including ET Now, BBC, CNBC TV18, NDTV, Conde Nast Traveller and many other outlets.

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  1. hey Ajay : 1 question-
    i have both magnus and reserve credit card and the edge rewards get pooled from both spends in 1 edge rewards account.
    how would they bifocate for the accor transfer between the 2?
    any idea?
    its quite wierd they mentioned this change only for accor

  2. FAQ also states that 10:1 ratio for Magnus

    *For Accor, transfer ratio will be 10:1 for Magnus (10 EDGE Reward Points = 1 Partner Point/Mile)

  3. Does transfer to Accor is good option for India & SEA countries. Also what are other better choices for edge reward transfer.

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