₹4.40 best ₹/pt achieved
₹1.00our house valuebeats our ₹1.00 index by 4.4×
The one European minor that actually earns the hop — but not for the reason the internet says. Aegean prices Star Alliance partner metal off a single origin-zone × destination-zone matrix, published as ROUND TRIPS, with Aegean's own rule that a one-way is exactly half. India sits in "Near East & Central Asia", not in Europe, and reading the right row changes everything: the celebrated 20,000-mile intra-Europe economy round-trip is actually 30,000, while India→Oceania business is 55,000 ONE-WAY and India→Sub-Saharan Africa business is 45,000 — the cheapest verified business prices on our whole board for several of those corridors. Marriott Bonvoy 3:1 with the 60k bonus is the only way in from India. Two traps: Aegean's own metal prices on a completely different distance formula (this chart is partners only), and the whole balance lapses if you don't fly a paid Aegean flight within 60 months. The Nov-2026 revamp touches tiers, not the award chart.
₹/pt = (typical cash − surcharge) ÷ points, computed only from sourced numbers — the build
fails if a row's arithmetic doesn't. A dash means no honest cash anchor exists; the row's
note below says why. Dynamic-priced programs are framed as “typical”, never guaranteed.
Chart-priced, not live seats. Every corridor behind this page is priced off published award charts — 39,855 options across 2,450 corridors. 37% of the 39,855 priced options on the board are stated
estimates for programmes that publish no chart; they are marked ~ est. and never crowned the play. Nobody here can see
whether a seat exists on your date — confirm the space with the programme
before you transfer. Points that leave your issuer do not come back.
Row by row
DEL/BOM/BLR → Sydney/Melbourne/Auckland, business on Star Alliance partner metal (one-way)
₹4.40/pt
The matrix cell nobody prices: Near East & Central Asia → Oceania is 110,000 business round-trip, so 55,000 one-way — for the same Singapore Airlines business seat via Singapore that KrisFlyer itself charges 100,000 for. Cash J India–Australia runs ₹2.5–4L; computed at the ₹2.5L low end with ~₹8,000 in taxes, that is ₹4.40 a mile, and long-haul J fares flatter every ₹/pt on this page. The constraint is the front door, not the price: 3 Bonvoy points per Aegean mile means ~165,000 Bonvoy for the ticket.
Feed it: No Indian card direct — Marriott Bonvoy 3:1 (with the 5k/60k-pt bonus) — the only way in
DEL/BOM → Johannesburg, business on Star Alliance partner metal (one-way)
unpriced
Near East & Central Asia → Central & South Africa is 90,000 round-trip, so 45,000 one-way in business on Ethiopian via Addis — the cheapest verified business price our board carries to Johannesburg, against AAdvantage's and Copa's 55,000. We could not pin a dated India–Johannesburg business fare we trust, so no ₹/pt is claimed; the mileage advantage stands on its own.
Feed it: Marriott Bonvoy 3:1 (with the 60k bonus) — the only road in from India
Intra-Europe short-haul on Star Alliance, round-trip economy — the myth
₹0.73/pt
Corrected 2026-08-01, and it is a demotion: Europe × Europe on the partner matrix is 30,000 economy / 50,000 business round-trip, not the 20,000/30,000 this desk printed for a year. Against a typical ~₹22,000 short-haul European return that is ₹0.73 a mile — below our ₹1 index, and Aegean's own metal is priced on a distance formula that has nothing to do with this cell. The famous cheap Aegean hop is not the reason to hold these miles; the long-haul zone cells above are.
No Indian card transfers into Aegean Miles+Bonus directly.
None of the 40 destinations our issuers actually reach — tracked in data/transfer-partners.yaml — is this program, so there is no
direct ratio to print. The road in is a hop, and this is it: every chain the optimizer will actually walk, best chain per source currency, cheapest to mint first.
2.4:1
Amex Membership Rewards via Marriott Bonvoy 1:1 then 3:1 + bonus · ≈4–8 days end-to-end · min 3,000 pts · max 240,000 pts/day ₹1.20 to mint one Aegean Miles+Bonus point — the cheapest road in
4.8:1
RBL Reward Points via Club ITC → Marriott Bonvoy 3:1 then 2:3 then 3:1 + bonus · ≈59–80 days end-to-end · Club ITC: min 2,000 Green Points, then multiples of 100 (ITC official) · cap 5,000 Green Points/quarter · 20,000/year (halved 1-May-2026; history: 15k/qtr + 60k/yr set Jul-2023, then 10k/40k) · Marriott Bonvoy: min 3,000 pts · max 240,000 pts/day ₹1.20 to mint one Aegean Miles+Bonus point
1.6:1
RBL Reward Points (Nova/Lumière) via Club ITC → Marriott Bonvoy 1:1 then 2:3 then 3:1 + bonus · ≈59–80 days end-to-end · Club ITC: min 2,000 Green Points, then multiples of 100 (ITC official) · cap 5,000 Green Points/quarter · 20,000/year (halved 1-May-2026; history: 15k/qtr + 60k/yr set Jul-2023, then 10k/40k) · Marriott Bonvoy: min 3,000 pts · max 240,000 pts/day ₹1.60 to mint one Aegean Miles+Bonus point
8:1
AURUM Reward Points via Club ITC → Marriott Bonvoy 5:1 then 2:3 then 3:1 + bonus · ≈59–78 days end-to-end · Club ITC: min 2,000 Green Points, then multiples of 100 (ITC official) · cap 5,000 Green Points/quarter · 20,000/year (halved 1-May-2026; history: 15k/qtr + 60k/yr set Jul-2023, then 10k/40k) · Marriott Bonvoy: min 3,000 pts · max 240,000 pts/day ₹2.00 to mint one Aegean Miles+Bonus point
2.4:1
HSBC Reward Points via Marriott Bonvoy 1:1 then 3:1 + bonus · ≈3–4 days end-to-end · min 3,000 pts · max 240,000 pts/day ₹2.40 to mint one Aegean Miles+Bonus point
3.2:1
HDFC Reward Points via Singapore Airlines KrisFlyer → Marriott Bonvoy 1:1 then 4:3 then 3:1 + bonus · ≈10–66 days end-to-end · Singapore Airlines KrisFlyer: min 3,000 miles · cap 250,000 miles per calendar year · Marriott Bonvoy: min 3,000 pts · max 240,000 pts/day ₹3.20 to mint one Aegean Miles+Bonus point
1.6:1
Axis EDGE Miles via Singapore Airlines KrisFlyer → Marriott Bonvoy 1:2 then 4:3 then 3:1 + bonus · ≈3–69 days end-to-end · Singapore Airlines KrisFlyer: min 3,000 miles · cap 250,000 miles per calendar year · Marriott Bonvoy: min 3,000 pts · max 240,000 pts/day ₹3.20 to mint one Aegean Miles+Bonus point
8:1
Axis EDGE Reward Points via Singapore Airlines KrisFlyer → Marriott Bonvoy 5:2 then 4:3 then 3:1 + bonus · ≈3–69 days end-to-end · Singapore Airlines KrisFlyer: min 3,000 miles · cap 250,000 miles per calendar year · Marriott Bonvoy: min 3,000 pts · max 240,000 pts/day ₹3.20 to mint one Aegean Miles+Bonus point
3.2:1
SBI Travel Credits via Club ITC → Marriott Bonvoy 2:1 then 2:3 then 3:1 + bonus · ≈62–78 days end-to-end · Club ITC: min 2,000 Green Points, then multiples of 100 (ITC official) · cap 5,000 Green Points/quarter · 20,000/year (halved 1-May-2026; history: 15k/qtr + 60k/yr set Jul-2023, then 10k/40k) · Marriott Bonvoy: min 3,000 pts · max 240,000 pts/day ₹3.20 to mint one Aegean Miles+Bonus point
7.2:1
Kotak Air Miles via Marriott Bonvoy 3:1 then 3:1 + bonus · 1 of 2 leg times unpublished · min 3,000 pts · max 240,000 pts/day ₹7.20 to mint one Aegean Miles+Bonus point
12.8:1
IndusInd Reward Points via Singapore Airlines KrisFlyer → Marriott Bonvoy 4:1 then 4:3 then 3:1 + bonus · ≈3–74 days end-to-end · Singapore Airlines KrisFlyer: min 3,000 miles · cap 250,000 miles per calendar year · Marriott Bonvoy: min 3,000 pts · max 240,000 pts/day ₹10.24 to mint one Aegean Miles+Bonus point
Every leg is a published route from data/partner-transfers.yaml;
the ₹ figure is what one Aegean Miles+Bonus point costs to mint at the source's house value.
The full funnel for Aegean Miles+Bonus →