Axis Bank and Club ITC, the loyalty programme of ITC Hotels, have launched a promotion that offers an additional 10% points on conversion from Axis Bank EDGE Rewards to Club ITC.
Axis Bank conversions to Club ITC offering a 10% bonus
As per the promotion terms, if you convert your points from your Axis Bank EDGE Rewards to Club ITC points, you will receive an additional 10% points courtesy of Club ITC. While there is no end date mentioned, the customer care of Club ITC will tell you that the bonus is going to be extended to everyone who transfers in through August 31, 2023. This is the second extension of the promotion.
You can usually convert your Axis EDGE Rewards Points/Miles to Club ITC Green Points as per the below transfer ratios:
- HNI Cards: 5 EDGE Rewards -> 4 Club ITC Green Points
- Atlas: 1 EDGE Miles -> 2 Club ITC Green Points
- Affluent Cards: 5 EDGE Rewards ->1 Club ITC Green Points
- Other Cards: 10 EDGE Rewards -> 1 Club ITC Green Points
However, when you convert into at least a minimum of 20,000 Club ITC points from Axis Bank, you will receive a bonus of 10% points, which means, for an unknown time into the future, Axis Bank points transfer into Club ITC at the following ratio:
- HNI Cards: 5 EDGE Rewards -> 4.4 Club ITC Green Points
- Atlas: 1 EDGE Miles -> 2.2 Club ITC Green Points
- Affluent Cards: 5 EDGE Rewards ->1.1 Club ITC Green Points
- Other Cards: 10 EDGE Rewards -> 1.1 Club ITC Green Points
Double Dip with the Exquisite Rewards Promotion
Club ITC is also offering another promotion through August 15, 2023, where they offer up to 30% Discount on room night redemptions and a 21% discount on redemption for Club Culinaire (their dining programme). When you convert your points from Axis to Club ITC, you may get another 10% Bonus in points conversion, reducing the number of points required from Axis Bank to be converted.
Bottomline
A new promotion from Club ITC offers Axis Bank credit and debit card holders a 10% Green Points bonus on the conversion of their credit card/ debit card points. However, no date is attached to this promotion, and my last points transfer into Club ITC (which takes 4-5 days) did not receive this bonus. It was made in June 2023. If it works, though, there is the opportunity to double dip with the Club ITC promotion, where a discount on redemption is offered through August 2023.
What do you make of this promotion, and will you partake?
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Is 10% bonus over? Can’t see anything in website.
@Raja, that ended August 31, 2023
I transferred the points from Magnus to ITC on 28th Aug and got 10% bonus and it got credited by 31st Aug! Pretty fast I must say!
The offer page is still Live on ITC webiste.
The party of Axis is over now 🙁 5:4 miles/hotels conversion is now 5:1 from Aug 12
@R, still unsubstantiated, still not informed by the bank
Yeah, no mail yet. The customer care team confirmed on a call about the changes w.e.f Aug 12th.
I think Axis Bank will change the reward transfer ratios from 5:4 to 5:1 on the Reserve so far (Magnus announcement not made yet). Everything goes live on August 13, 2023.
HNI card includes Magnus? I transferred the points from Magnus to ITC on 29th june 2023, No bonus
@Akhil. I did not get a bonus for a transfer completed on 22 June 2023 but did get it for a transaction completed on 06 July 2023. Check again on your account maybe? It could be a different result for different people depending on the initiation date of the transfer as well.
Superb news. Any start or end date for this promotion? I hope no min or max capping on points or transactions.
@R, the min is already quoted in the article