Most coverage of Axis Bank's new transfer list leads with the partners that arrived. The more expensive change for many cardholders is a partner that moved.
Axis Bank's Travel EDGE terms now list 27 airline and hotel programmes. ALL Accor is back nearly six months after it was removed. Cathay and Lufthansa Group's Miles & More are new. Hilton Honors sits in Group B. Club ITC is gone. And Air India's Maharaja Club, Flying Blue and Qantas now sit in Group A, the smaller of the two yearly allowances, all three of which sat in Group B until this revision.
The EDGE Miles and EDGE Rewards partner list, before and after
In mid-July, before Qatar Airways Privilege Club returned, the Travel EDGE partner list carried 23 programmes, with Club ITC among them and no Accor, Cathay, Miles & More or Hilton. The list today reads differently:
- Added: Cathay (Group A), Miles & More (Group B), Hilton Honors (Group B)
- Returned: ALL Accor (Group A)
- Removed: Club ITC
- In Group A now: Air India Maharaja Club, Flying Blue, Qantas, alongside Qatar Airways, Singapore Airlines KrisFlyer, British Airways, Etihad and the rest of the long-haul airlines
Axis has not published an effective date for the revised table. The terms say partners and groups can change without notice, so the ratio and group shown at the moment of transfer are the ones that apply.
New ratios, card by card
The ratios below come from Axis Bank's Travel EDGE transfer terms. The first figure is EDGE points or EDGE Miles; the second is what lands in the partner programme.
| Card | Accor, Cathay, Qatar | Miles & More | Air India, Flying Blue, Qantas |
|---|---|---|---|
| Burgundy Private | 5:4 | 5:4 | 5:4 |
| Magnus for Burgundy | 5:2 | 5:4 | 5:4 |
| Magnus, Reserve | 5:1 | 5:2 | 5:2 |
| Select, Privilege, Rewards | 10:1 | 10:1 | 10:1 |
| Olympus | 1:2 | 1:4 | 1:4 |
| Atlas | 2:1 | 1:1 | 1:2 |
| Horizon | 2:1 | 1:1 | 1:1 |
Accor comes back on weaker terms than many holders remember. On the Atlas it now costs 2 EDGE Miles per ALL point. On the Axis Magnus and Reserve it costs 5 EDGE points per ALL point. Olympus carries the richest ratios on the table, at 1 EDGE Mile to 2 Accor or Cathay points and 1 to 4 on Miles & More.
Miles & More also carries its own ceiling: 2,00,000 miles a calendar year, with a 3,000-mile minimum per transfer. Axis's own worked example shows a Select holder at 10:1 capped at 40,000 miles by the card's Group B allowance long before that ceiling matters.
The Group A squeeze on Axis Atlas
Axis caps transfers per customer ID, per calendar year, split between the two groups. For most cards the split is 1,00,000 to Group A and 4,00,000 to Group B. The Atlas gets 30,000 and 1,20,000. Olympus gets 1,50,000 and 6,00,000.
That split is where the reshuffle bites. An Atlas holder who used to send Air India transfers out of the 1,20,000 Group B allowance now draws on a 30,000 Group A allowance that also has to cover Accor, Cathay, Qatar and KrisFlyer. At Atlas's 1:2 Air India ratio, that is a ceiling of 60,000 Maharaja Points a year, before anything goes to another Group A airline.
The large Group B allowance now points almost entirely at hotels, IndiGo and Miles & More. For an Atlas holder, Miles & More at 1:1 is the best airline use of it, and the one worth planning a Star Alliance redemption around.
Planning the rest of 2026
Allowances reset on 1 January. Atlas and Magnus holders with unused 2026 allowance should decide before December which Group A partner earns it, because the 30,000 and 1,00,000 caps will not stretch to cover everything. Transfers are final once submitted.
One question is still open. Axis has not said whether transfers made to Air India or Flying Blue earlier this year, while they were in Group B, now count against the Group A allowance. Separately, the ratios in our earlier note on Qatar Airways' return predate this table; on current terms, Magnus and Reserve transfer to Qatar at 5:1. For the longer arc of what Axis has cut this year, see our Axis Bank devaluation breakdown.
Sources
Frequently asked
Which transfer partners did Axis Bank add in September 2026?
Cathay's Asia Miles and Lufthansa Group's Miles & More are now on the Travel EDGE list, Hilton Honors appears in Group B, and ALL Accor is back after being dropped in April 2026. Club ITC is no longer listed as a transfer partner.
What is the Axis Atlas transfer ratio to Accor now?
2 EDGE Miles convert to 1 ALL Accor point on the Axis Atlas and the Axis Horizon. Accor sits in Group A, so Atlas holders can send at most 30,000 EDGE Miles a calendar year to it, shared with every other Group A partner.
Is Air India Maharaja Club in Group A or Group B on Axis cards?
Group A. Axis Bank's current terms list Air India Maharaja Club alongside Flying Blue and Qantas in Group A. On the Atlas that means a 30,000 EDGE Mile yearly allowance shared across all Group A partners, instead of the 1,20,000 Group B allowance.
How many Miles & More miles can Axis cardholders transfer in a year?
Up to 2,00,000 Miles & More miles per calendar year, with a minimum of 3,000 miles per transfer. The card's own Group B allowance still applies on top, so a Select or Rewards cardholder at 10:1 tops out at 40,000 miles, while an Olympus holder can reach the full limit.
Card devaluations, reward maths, and rate changes the day they land.
Follow on X
Reader comments
No comments yet. Share your experience with this card below — the first useful comment helps every reader after you.
Comments are moderated before they appear. Share your real experience with a card — what worked, what didn't, what the bank told you. We don't publish promotional content, referral links, or personal financial details. Keep it useful for other readers.