New Update for Axis Edge Reward points redemption catalogue [Offline EDGE Points Redemption]

[RewardsAlert]

Dear community members,
I was going through the Edge Rewards portal provided by Axis Bank.
While browsing various options, I saw a tab named as Partner Deals.
Incidentally, I clicked on that and saw a REDEMPTION button.

As soon as I visited there, I got to know that there is an option to redeem ER points for Offline purchases on certain brands like Reliance Digital, Croma, M&S, etc.

EDGE REWARDS

edgerewards.axisbank.co.in

I was very curious to know more details about this program but upon googling I could not find any extra details.
As per the Axis website, this feature was released in approx, 2017.
There are no t&c pdf available for this which make it vague to understand.
So, by the medium of this post, I wanted to discuss further regarding this undiscovered option, and see how we can benefit the max out of it.
If there is a possibility of getting the same Ratio of 5:4 for HNI cards using this method of redemption, then this could turn out too good to be true.

Here is an official link of axis website for this campaign: https://campaign.axisbank.com/2017/Apr/eDGE_RTR/RTR_lpg.html



Axis Bank has also tweeted about this feature in 2016:

 

[Anush]

I am not clear on the discussion here.
Shouldn't the points be debited only if we chose this option while swiping. Or are we saying that the default is use points?

In my citibank Indian Oil CC, there used to be an option of using the accumulated points while swiping. The default was always credit card.

 

[MrNobody]

I am not clear on the discussion here.
Shouldn't the points be debited only if we chose this option while swiping. Or are we saying that the default is use points?

In my citibank Indian Oil CC, there used to be an option of using the accumulated points while swiping. The default was always credit card.

No, it's just about being careful.
It's probably that the person at the billing counter doesn't know how much the points are worth for us in other places and in his mind he's probably helping us take the bill down by a notch.
It's an honest mistake on his part, costly for us. So we have to check the final amount before swiping.

 

[Anush]

No, it's just about being careful.
It's probably that the person at the billing counter doesn't know how much the points are worth for us in other places and in his mind he's probably helping us take the bill down by a notch.
It's an honest mistake on his part, costly for us. So we have to check the final amount before swiping.

So we check the amount and it should display same as the spend amount and nothing less than that. Am I right?

 

[CMGCMG is verified member.]

So we check the amount and it should display same as the spend amount and nothing less than that. Am I right?

that is correct

 

[senasenthil]

In TravelEdge portal also, 'Redemption of points' is selected by default.

 

[bugmenot]

Here's how the Axis points are redeemed on POS

 

[jack333]

So if you are charged less than mrp or only re 1 just don't enter the pin. And keep tap and pay always off

 

[TechnoFinoTechnoFino is verified member.]

So we check the amount and it should display same as the spend amount and nothing less than that. Am I right?

you are absolutely right.
always check the amount, and clearly ask the merchant to not to use points.

 

[PavvanPavvan is verified member.]

Guys can someone confim transfer of marriot points is only avaible through amex and axis and HDFC doesn't support ?

 

[drsel]

Guys can someone confim transfer of marriot points is only avaible through amex and axis and HDFC doesn't support ?

Axis miles & points can be converted to Marriott points,but at a very poor ratio

 

[m4b]

Axis miles & points can be converted to Marriott points,but at a very poor ratio

To ITC first at 4:5 then to Marriott at 3:2
100 -> 6ER
ITC -> 4.8% Green Points
Marriott -> 7.2% Bonvoy Points

 

[drsel]

To ITC first at 4:5 then to Marriott at 2:1
100 -> 6ER
ITC -> 4.8% Green Points
Marriott -> 9.6% Bonvoy Points

It's 5:4 from Axis edge points to ITC
and then 2:3 from ITC to Marriott.

If ITC is valued at 1 rupee, then you are actually paying 66.67 Paisa for Mariott.

But considering the points required for one room night in Marriott (25k to over 100k) the Mariott points are realistically worth around 30 to 35 Paisa only

 

[m4b]

It's 5:4 from Axis edge points to ITC
and then 2:3 from ITC to Marriott

oh yeaaaa my bad, it's been long time fuk

 

[Riva]

Here's how the Axis points are redeemed on POS

Lol.. the usual suspect.. pineLabs POS ... seems like PineLabs is set to always redeem ER/ miles by default by Axis!!

 

[drsel]

but still good no?

Paying 66.67 paisa is better than buying Marriott points at over 72 paisa, when they have the sale offer of 50% bonus points.

but it's not as good as Accor

 

[m4b]

Paying 66.67 paisa is better than buying Marriott points when they have the sale offer of 50% bonus points where you actually pay more than 72 Paisa for reach Marriott point, but it's not as good as Accor

Lemme check .

 

[m4b]

Paying 66.67 paisa is better than buying Marriott points at over 72 paisa, when they have the sale offer of 50% bonus points.

but it's not as good as Accor

yep correct! just checked