IndiGo BluChip and Accor ALL enable 2-way points conversion

IndiGo BluChip and Accor ALL have agreed to a two-way points conversion, a first for an airline and hotel loyalty program in India. The conversion is expected to go live in July 2026, with the ratio to be announced later. This partnership could potentially resurrect the Axis EDGE Miles to Accor corridor, which was killed on 2 April 2026. If the BluChip to ALL conversion ratio lands near 2:1, the Axis EDGE Miles intro window of 1:2 to BluChip till 17 Aug 2026 could allow for conversions to Accor at up to 90% of the old value. Our take: the ratio is the entire story and it has not been published, so nobody can price this yet — us included. Here is the line that decides it: at 2:1 BluChip to ALL, the Axis EDGE Miles intro rate of 1:2 into BluChip, live until 17 Aug 2026, rebuilds the Accor corridor killed on 2 April 2026 at roughly 90% of its old value. Worse than 2:1 and this is a curiosity, not a route. The ratio lands in July 2026 and the intro window runs a month past it, so you get to see the number before you have to move — do not shift EDGE Miles on the rumour.