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:

 

[WhoU]

This has made it even clear that the ratio will be 5:1 only unlike assumptions.
Thanks @bugmenot for sharing this.
So, to conclude, the only way to obtain 5:4 is by using Transfer partners in Traveledge.
Second best option would to buy Multibrand GV FOR 5:2 Ratio.

Multibrand GV is enabled only if you have privilege card.

 

[RewardsAlert]

Multibrand GV is enabled only if you have privilege card.

No, I have personally tried it using Magnus.
I don't have any privilege card.
Just try adding it to cart, and going to last step, you'll automatically understand.

 

[WhoU]

No, I have personally tried it using Magnus.
I don't have any privilege card.
Just try adding it to cart, and going to last step, you'll automatically understand.

But to try that, I will have to spend points first right?
Did you actually receive a gift card or you just went till the step of getting a multibrand gv?

 

[RewardsAlert]

But to try that, I will have to spend points first right?
Did you actually receive a gift card or you just went till the step of getting a multibrand gv?

I received the gift card actually.
As soon as the points were deducted, the gift card from Gyftr was delivered to me.
You don't need to try it. Just go till the last step, no need to use points.

 

[creditcardkakida]

No, I have personally tried it using Magnus.
I don't have any privilege card.
Just try adding it to cart, and going to last step, you'll automatically understand.

Please provide the steps... On which website.. axis edge reward portal??!! As it shows convertion ratio 5:2

 

[RewardsAlert]

 

[RewardsAlert]

 

[CMG]

Bercos, Pai International, Girias, Sargam Electronics, Om Book Shop, Richlook, Meena Bazaar, Reliance Digital, Domino's, Croma, Central, Big Bazaar, Vero Moda, Star Bazaar, Shoppers Stop, Sangeetha Mobiles, Only, and Marks and Spencer are participating in a redemption points program where 1ER equals 0.20p.

 

[RewardsAlert]

Bercos, Pai International, Girias, Sargam Electronics, Om Book Shop, Richlook, Meena Bazaar, Reliance Digital, Domino's, Croma, Central, Big Bazaar, Vero Moda, Star Bazaar, Shoppers Stop, Sangeetha Mobiles, Only, and Marks and Spencer are participating in a redemption points program where 1ER equals 0.20p.

You're fast as lightning! 💫

 

[WhoU]

Bercos, Pai International, Girias, Sargam Electronics, Om Book Shop, Richlook, Meena Bazaar, Reliance Digital, Domino's, Croma, Central, Big Bazaar, Vero Moda, Star Bazaar, Shoppers Stop, Sangeetha Mobiles, Only, and Marks and Spencer are participating in a redemption points program where 1ER equals 0.20p.

This information deserves its dedicated thread.

 

[CMG]

You're fast as lightning! 💫

I started another thread so had the data beforehand

 

[RewardsAlert]

Finally the dilemma of Conversion ratio came to an end when a fellow CC Enthusiast tried to purchase something at an Axis ER partner store offline.
We all should maintain precautions while purchasing any item at these partners.
One mistake and lakhs of points wiped out at 0.2 per ER.

 

[RewardsAlert]

This information deserves its dedicated thread.

This thread is specifically curated for highlighting this part only

 

[CMG]

I need to take back the addon cards now.

 

[RewardsAlert]

I need to take back the addon cards now.

This is so true.
If not executed, then one day we get to know that add-on cardholder comes home and tells us, Aaj toh Croma/Reliance Digital se 10k ka saaman 8k me aa Gaya magnus ke wajah se. "Very good card"
When we check our ER, we come to know 10k ER udd gaye...😂

 

[jack333]

If we just disable tap and pay would that be enough

 

[CMG]

If we just disable tap and pay would that be enough

No. They need to check and verify the final amount before entering the PIN code.

 

[TechnoFino]

Redemption rate at offline merchants location - 1 edge point = 20 paisa

 

[creditcardkakida]

No, I have personally tried it using Magnus.
I don't have any privilege card.
Just try adding it to cart, and going to last step, you'll automatically understand.

No option for 5:2 conversion rate

 

[Wealth is my birth right!]

Bercos, Pai International, Girias, Sargam Electronics, Om Book Shop, Richlook, Meena Bazaar, Reliance Digital, Domino's, Croma, Central, Big Bazaar, Vero Moda, Star Bazaar, Shoppers Stop, Sangeetha Mobiles, Only, and Marks and Spencer are participating in a redemption points program where 1ER equals 0.20p.

Many thanks I just swiped in m&s at a mall last week checked now I am lucky lol