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The award desk

What your points actually buy.

Valuation indexes are theory; award charts are where the theory gets tested. These are the 74 redemptions worth planning around: 46 that fly out of or into India, 7 hotel nights that redeem anywhere, and 21 overseas sweet spots these same currencies are best at once your points are sitting in them. Programs that depart India lead the board; the rest are labelled. Each row carries the points, the surcharge, a sourced typical cash fare, and the ₹/point you really achieve, checked against our house values. Rows we couldn't verify don't exist, and the traps are labelled as loudly as the wins.

how these rows are checked fold that back up

Aegean Miles+Bonus

₹4.40/pt — best ₹ per point achieved on the redemption shown

DEL/BOM/BLR → Sydney/Melbourne/Auckland, business on Star Alliance partner metal (one-way)

3 spots house ₹1.00 beats index 4.4×

Air India Maharaja Club

₹2.45/pt — best ₹ per point achieved on the redemption shown

DEL → JFK, business (one-way)

5 spots house ₹0.80 beats index 3.1×

Etihad Guest

₹2.27/pt — best ₹ per point achieved on the redemption shown

DEL/BOM → AUH, business Saver (one-way)

3 spots house ₹1.00 beats index 2.3×

Singapore Airlines KrisFlyer

₹2.42/pt — best ₹ per point achieved on the redemption shown

India → Sydney/Melbourne, business Saver via SIN (one-way)

4 spots house ₹1.10 beats index 2.2×

Korean Air SKYPASS

₹1.84/pt — best ₹ per point achieved on the redemption shown

Delhi → Seoul (ICN), business one-way on Korean metal

3 spots house ₹1.00 beats index 1.8×

Air France–KLM Flying Blue

₹1.48/pt — best ₹ per point achieved on the redemption shown

India → Europe, premium economy Promo Reward (return) — last seen Jul 2026

5 spots house ₹1.00 beats index 1.5×

Malaysia Airlines Enrich

₹1.02/pt — best ₹ per point achieved on the redemption shown

Delhi/Mumbai → Kuala Lumpur, business one-way on MH metal

3 spots house ₹0.80 beats index 1.3×

SAS EuroBonus

₹0.82/pt — best ₹ per point achieved on the redemption shown

India → the Gulf, business on SkyTeam partner metal (one-way) — the anti-spot

2 spots house ₹0.90

Air Europa SUMA

₹0.57/pt — best ₹ per point achieved on the redemption shown

BOM/DEL → Amsterdam, economy on SkyTeam partner metal (return) — the anti-spot

2 spots house ₹0.80

Avios (British Airways · Qatar · Finnair)

fixed / unpriced

BOM → AKL (Qsuite via DOH), business off-peak (one-way)

3 spots house ₹1.00

Cathay Pacific Asia Miles

fixed / unpriced

DEL/BOM → HKG, business Standard (one-way)

2 spots house ₹1.00

Air Canada Aeroplan

fixed / unpriced

India → Europe, business Saver (one-way, ≤4,000 mi gateway)

3 spots house ₹1.00

ANA Mileage Club

fixed / unpriced

India ↔ Japan, business round-trip (Star partner chart)

3 spots house ₹1.00

Turkish Airlines Miles&Smiles

fixed / unpriced

US ↔ India business via Istanbul (one-way) — the deval, quantified

3 spots house ₹1.00

United MileagePlus

fixed / unpriced

India → US/Canada, business partner Saver (one-way)

3 spots house ₹1.00

Japan Airlines Mileage Bank (JMB)

fixed / unpriced

DEL/BLR ⇄ Tokyo (HND), JAL business (round trip)

2 spots house ₹1.10

Virgin Atlantic Flying Club

fixed / unpriced

India ⇄ Tokyo, ANA business (round trip) via Virgin points

2 spots house ₹1.00

Emirates Skywards

fixed / unpriced

BOM/DEL → DXB, business class Saver (one-way) — dynamic

2 spots house ₹0.90

World of Hyatt

₹2.43/pt — best ₹ per point achieved on the redemption shown

Category 1 hotel, off-peak (per night)

2 spots hotel nights, anywhere house ₹1.50 beats index 1.6×

Accor Live Limitless (ALL)

₹2.18/pt — best ₹ per point achieved on the redemption shown

Any Accor stay (ibis → Sofitel/Raffles), €40 off per 2,000 points

2 spots hotel nights, anywhere house ₹2.15 beats index 1.0×

Marriott Bonvoy

₹0.57/pt — best ₹ per point achieved on the redemption shown

Free Night Award (15k) at Fairfield/Four Points/Courtyard, peak dates

3 spots hotel nights, anywhere house ₹0.65

Delta SkyMiles

₹3.40/pt — best ₹ per point achieved on the redemption shown

Delta One (business) to Europe, low dynamic print (one-way)

2 spots not from India house ₹1.00 beats index 3.4×

Aeroméxico Rewards

₹2.03/pt — best ₹ per point achieved on the redemption shown

SkyTeam partner business to Europe / South America, low dynamic print (one-way)

2 spots not from India house ₹0.60 beats index 3.4×

Alaska Airlines Atmos Rewards

₹2.88/pt — best ₹ per point achieved on the redemption shown

Seattle ↔ Tokyo, JAL business (one-way)

3 spots not from India house ₹1.00 beats index 2.9×

Copa Airlines ConnectMiles

₹2.01/pt — best ₹ per point achieved on the redemption shown

North America ↔ South America, Star Alliance business (one-way)

2 spots not from India house ₹1.00 beats index 2.0×

Qantas Frequent Flyer

₹1.25/pt — best ₹ per point achieved on the redemption shown

Intra-Australia hop under 600 mi (SYD–MEL), economy Classic Reward (one-way)

2 spots not from India house ₹1.00 beats index 1.3×

TAP Air Portugal Miles&Go

fixed / unpriced

Lisbon → US East Coast (Boston/New York/Washington), business on TAP metal (one-way)

3 spots not from India house ₹0.80

Omitted, not forgotten: Club ITC and IHG One Rewards have no India award datapoints we could verify to our standard — they get pages when they earn them.