Core Insights - Axis Bank offers credit cardholders the ability to transfer reward points to 20 partners, including 6 hotel chains and 14 airlines, facilitating vacation bookings [3][20] - The transfer ratios for converting credit card reward points vary by card type, with specific ratios outlined for different Axis Bank credit cards [5][6] - Transfer partners are categorized into two groups, with specific limits on the number of points that can be transferred annually [9][10] Transfer Partners - Axis Bank has established partnerships with 20 transfer partners, which include major hotel and airline programs [3][4] - Hotel partners include Accor Live Limitless, IHG One Rewards, Club ITC, Marriott Bonvoy, The Postcard Hotel, and Wyndham Rewards [7] - Airline partners include Air Canada Aeroplan, Air France Flying Blue, Air India Maharaja Club, AirAsia Rewards, and several others [7] Transfer Ratios - The transfer ratios for converting reward points vary by credit card type, with the following key ratios: - Burgundy Private and Magnus for Burgundy: 5:4 - Reserve and Magnus: 5:2 - Horizon: 1:1 - Atlas: 1:2 (Marriott Bonvoy 2:1) - Olympus: 1:4 [6][8] - Other eligible cards have different transfer ratios, with some partners requiring a 10:1 or 20:1 ratio for point transfers [8] Categorization and Limits - Transfer partners are divided into Group A and Group B, with specific caps on the number of points that can be transferred annually [9][10] - For example, holders of the Axis Bank Magnus Credit Card can transfer a total of 500,000 EDGE REWARD Points per year, with a maximum of 100,000 points to Group A partners and 400,000 points to Group B partners [11] Value of Reward Points - The Accor Live Limitless program allows points to be converted at a specified ratio, providing value for hotel stays, with each point valued at approximately Rs. 2 [12][13] - The Club ITC program similarly allows for point conversion, with each Green Point valued at Rs. 1, applicable for stays at ITC Hotels [16][17]