As I mentioned in the note put out over the weekend about the upcoming future of the Axis Bank Magnus Credit Card and other credit cards, the new details for the existing credit cards of Axis Bank are still awaited. However, Axis Bank has indicated that they will be launching a new advertising campaign around their Credit Card business on September 5, 2023,

Axis Bank Transfer Ratios effective September 1, 2023

Vistara seems to have put some information on their website, which is clearly not fully correct. Here is the conversion ratio for all Axis Bank credit card points to Club Vistara points, as indicated by Vistara.

They clearly made a mistake putting out EDGE Mile conversions, which caused a flurry amongst people who like to call themselves CC Enthusiasts/Geeks. I just thought I’d put out on the record what is the correct system as per Axis Bank, and how it works as of September 1, 2023, onwards. Remember, at the moment, the T&C for Axis Bank does not show a special accommodation for Magnus Cards held by Axis Bank Burgundy customers and that feature might go live this week (till then the transfer ratio shows 5:2 instead of 5:4).

[Update, Vistara’s website is now fixed and reads as this]

Bottomline

The transfer ratios for Axis Bank are as per the table above. All 19 transfer partners are transferring from the Burgundy Private CC ER at 5:4, Magnus and Reserve at 5:2, EDGE Miles of Atlas at 1:2 ex Marriott and then other suitable ratios for other lower-end cards of Axis Bank. There seems to be an error at the end of Vistara which has caused confusion and we hope it will be rectified soon.

What do you make of the new transfer ratios from Axis Bank Credit Cards?

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