The directory · redeem
Every loyalty program we mark
All 164 currencies on the desk, in 7 groups by what they are and A–Z inside each. Open the group you fly, or type a name. Every row opens that program's hub — ways in, ways out, the nerf log, the risk grade.
Want them priced against each other, best rupee to worst? the full priced index →
- programs marked
- 164
- airline programs
- 59
- bank & card currencies
- 78
- hotel programs
- 13
in each group — program · ₹ per point · nerf-risk grade and its cuts
Bank & card currencies
What an Indian card earns into directly — some transfer out to airlines and hotels, many are closed loops that redeem in one place.
- ABLE REWARDS Points ₹0.50 stable No cuts on record — 1 tracked event, all clean
- ABN AMRO Smart Miles ₹1.10 stable No tracker events on record for this program
- Adani Reward Points ₹1.00 stable No tracker events on record for this program
- Amex Membership Rewards ₹0.50 high 13 cuts in 24 months — latest: Sep-2026 devaluation (major) · 3 announced, not yet in force (from Oct-2026)
- Apollo Health Credits ₹0.90 stable No tracker events on record for this program
- AU Reward Points ₹0.25 stable 3 cuts in 24 months — latest: Apr-2026 lounge cut (minor)
- AURUM Reward Points ₹0.25 stable No tracker events on record for this program
- Axis Bank Cashback ₹1.00 stable No tracker events on record for this program
- Axis EDGE Miles ₹2.00 stable No tracker events on record for this program
- Axis EDGE Reward Points ₹0.40 stable No tracker events on record for this program
- Bandhan Delight Points ₹0.25 stable No tracker events on record for this program
- BarclaycardPoints ₹0.40 stable No tracker events on record for this program
- BOBCARD Reward Points ₹0.25 stable 4 cuts in 24 months — latest: Aug-2026 devaluation (minor)
- Canara Reward Points ₹0.25 stable No tracker events on record for this program
- CheQ Points ₹0.50 stable No tracker events on record for this program
- Citibank Cash Reward Points ₹1.00 stable Last cut Dec-2017 devaluation (major) — quiet 8.8y since
- Citibank Hutch Talk Points ₹1.00 stable No tracker events on record for this program
- Citibank IndianOil Turbo Points ₹1.00 stable No tracker events on record for this program
- Citibank Maruti Auto Points ₹1.00 stable No tracker events on record for this program
- Citibank Reward Points ₹0.70 stable Last cut Oct-2019 devaluation (major) — quiet 7.0y since
- City Union Bank Reward Points ₹1.00 stable No tracker events on record for this program
- Corporation Bank Reward Points ₹1.00 stable No tracker events on record for this program
- CRED Reward Points ₹1.00 stable No tracker events on record for this program
- DBS Cash Points ₹0.20 stable No tracker events on record for this program
- DBS Vantage Points ₹1.00 stable No tracker events on record for this program
- Dhanlaxmi Reward Points ₹0.05 stable No tracker events on record for this program
- Diners Club Rewards Points (Citibank India) ₹0.67 stable 3 cuts in 24 months — latest: Jul-2026 lounge cut (minor)
- EazyDiner Reward Points ₹0.10 watch 5 cuts in 24 months — latest: Sep-2026 fee hike (moderate) · 1 announced, not yet in force (from Nov-2026)
- Equitas PowerMiles Points ₹0.50 stable No tracker events on record for this program
- Equitas Selfe Reward Points ₹0.35 stable No tracker events on record for this program
- Equitas Tiga Reward Points ₹0.15 stable No tracker events on record for this program
- Federal Bank Reward Points ₹0.25 stable No tracker events on record for this program
- Google Pay Stars ₹1.00 high 17 cuts in 24 months — latest: Sep-2026 partner purge (major) · 6 announced, not yet in force (from Oct-2026)
- HDFC Bank CashPoints ₹1.00 stable No tracker events on record for this program
- HDFC Reward Points ₹1.00 high 15 cuts in 24 months — latest: Sep-2026 devaluation (moderate)
- HSBC Cashback ₹1.00 stable No tracker events on record for this program
- HSBC Reward Points ₹1.00 high 8 cuts in 24 months — latest: Sep-2026 devaluation (moderate)
- HSBC Spencer's Retail Reward Points ₹0.25 stable 5 cuts in 24 months — latest: Sep-2026 devaluation (moderate)
- ICICI Reward Points ₹1.00 elevated 5 cuts in 24 months — latest: Sep-2026 lounge cut (minor)
- IDBI Delight Points ₹0.25 stable No tracker events on record for this program
- IDFC FIRST Reward Points ₹0.25 watch 7 cuts in 24 months — latest: Jun-2026 devaluation (moderate)
- IndianOil Fuel Points ₹0.50 stable 3 cuts in 24 months — latest: Jan-2026 fee hike (minor)
- IndusInd Reward Points ₹0.80 watch 5 cuts in 24 months — latest: Jul-2026 lounge cut (minor)
- IOB Reward Points ₹0.25 stable No tracker events on record for this program
- IRCTC HDFC Bank Reward Points ₹1.00 stable No tracker events on record for this program
- IRCTC Reward Points ₹1.00 stable No tracker events on record for this program
- ixigo AU Reward Points ₹0.50 stable No tracker events on record for this program
- Kotak Air Miles ₹1.00 stable No tracker events on record for this program
- Kotak Reward Points ₹0.25 high 6 cuts in 24 months — latest: Sep-2026 devaluation (major)
- Kotak White Pass ₹1.00 stable No tracker events on record for this program
- KVB Reward Points ₹1.00 stable No tracker events on record for this program
- LIC Axis Bank Reward Points ₹0.95 stable No tracker events on record for this program
- MakeMyTrip myCash ₹1.00 stable No tracker events on record for this program
- OneCard Reward Points ₹0.10 stable Last cut Dec-2023 devaluation (minor) — quiet 2.8y since
- Paytm SBI Card Reward Points ₹1.00 stable No tracker events on record for this program
- PhonePe SBI Card Reward Points ₹1.00 stable No tracker events on record for this program
- PMC Bank Reward Points ₹0.25 stable No tracker events on record for this program
- PNB Reward Points ₹0.25 stable No tracker events on record for this program
- POPcoins ₹0.10 stable No tracker events on record for this program
- Practo HealthCash ₹0.90 stable No tracker events on record for this program
- RBL Cashback ₹1.00 stable No tracker events on record for this program
- RBL Reward Points ₹0.25 stable No tracker events on record for this program
- RBL Reward Points (Nova/Lumière) ₹1.00 stable No tracker events on record for this program
- SalarySe SCoins ₹0.20 stable No tracker events on record for this program
- SBI Card Cashback ₹1.00 stable No tracker events on record for this program
- SBI Maruti Auto Points ₹1.00 high 10 cuts in 24 months — latest: Aug-2026 partner purge (major)
- SBI Reward Points ₹0.25 stable No tracker events on record for this program
- SBI Travel Credits ₹1.00 stable No tracker events on record for this program
- Scapia Coins ₹0.20 stable 2 cuts in 24 months — latest: Apr-2026 fee hike (moderate)
- Shoppers Stop First Citizen Points ₹0.50 stable No cuts on record — 1 tracked event, all clean
- slice monies ₹0.01 stable No tracker events on record for this program
- StanC 360° Reward Points ₹1.00 stable No tracker events on record for this program
- Standard Chartered Rewards (EaseMyTrip) ₹0.25 stable No tracker events on record for this program
- SyndicateBank Reward Points ₹0.50 stable No tracker events on record for this program
- Tata NeuCoins ₹1.00 stable No cuts on record — 1 tracked event, all clean
- Union Rewardz Points ₹0.25 stable No tracker events on record for this program
- YES Rewardz (YES CC Rewardz) ₹0.25 stable No tracker events on record for this program
- Zagg Coins ₹0.25 stable 6 cuts in 24 months — latest: Jun-2026 fee hike (moderate)
Star Alliance
Programs flown by a Star Alliance carrier.
- Aegean Miles+Bonus ₹1.00 stable No tracker events on record for this program
- Air Canada Aeroplan ₹1.00 high 3 cuts in 24 months — latest: Aug-2026 partner purge (major)
- Air China PhoenixMiles ₹0.90 stable No cuts on record — 1 tracked event, all clean
- Air India Maharaja Points ₹0.80 high 11 cuts in 24 months — latest: Sep-2026 partner purge (major)
- Air NZ Airpoints Dollars ₹52.00 stable No tracker events on record for this program
- ANA Mileage Club ₹1.00 stable No tracker events on record for this program
- Asiana Club ₹1.00 stable No tracker events on record for this program
- Avianca LifeMiles ₹1.00 stable No cuts on record — 1 tracked event, all clean
- Copa Airlines ConnectMiles ₹1.00 stable No tracker events on record for this program
- EgyptAir Plus ₹1.00 stable No tracker events on record for this program
- Ethiopian ShebaMiles ₹1.00 stable No tracker events on record for this program
- EVA Air Infinity MileageLands ₹1.00 stable No tracker events on record for this program
- Lufthansa Miles & More ₹1.00 high 4 cuts in 24 months — latest: Sep-2026 partner purge (major) · 2 announced, not yet in force (from Oct-2026)
- Singapore Airlines KrisFlyer ₹1.10 high 5 cuts in 24 months — latest: Sep-2026 devaluation (major)
- South African Airways Voyager ₹1.00 stable No tracker events on record for this program
- TAP Air Portugal Miles&Go ₹0.80 high 2 cuts in 24 months — latest: Jul-2026 devaluation (major)
- Thai Royal Orchid Plus ₹1.00 stable No cuts on record — 2 tracked events, all clean
- Turkish Airlines Miles&Smiles ₹1.00 stable No tracker events on record for this program
- United MileagePlus ₹1.00 stable No tracker events on record for this program
oneworld
Programs flown by a oneworld carrier.
- Alaska Airlines Atmos Rewards ₹1.00 stable 1 cut in 24 months — latest: Jul-2026 fee hike (minor)
- American Airlines AAdvantage ₹1.00 stable No tracker events on record for this program
- Avios (BA / Qatar / Finnair) ₹1.00 high 4 cuts in 24 months — latest: Sep-2026 devaluation (major)
- Cathay Asia Miles ₹1.00 high 4 cuts in 24 months — latest: Sep-2026 partner purge (major)
- Japan Airlines Mileage Bank ₹1.10 stable 1 cut in 24 months — latest: Jul-2026 fee hike (minor)
- Malaysia Airlines Enrich ₹0.80 stable No cuts on record — 1 tracked event, all clean
- Oman Air Sindbad ₹1.00 stable 1 cut in 24 months — latest: Jul-2026 fee hike (minor)
- Qantas Frequent Flyer ₹1.00 elevated 2 cuts in 24 months — latest: Sep-2026 partner purge (major)
- Royal Air Maroc Safar Flyer ₹0.80 stable Last cut Sep-2019 partner purge (moderate) — quiet 7.0y since
- Royal Jordanian Royal Club ₹1.00 stable No tracker events on record for this program
- SriLankan FlySmiLes ₹0.90 stable No tracker events on record for this program
SkyTeam
Programs flown by a SkyTeam carrier.
- Aerolíneas Plus ₹0.80 stable No tracker events on record for this program
- Aeroméxico Rewards ₹0.60 stable No tracker events on record for this program
- Air Europa SUMA ₹0.80 stable No tracker events on record for this program
- Air France-KLM Flying Blue ₹1.00 high 3 cuts in 24 months — latest: Sep-2026 partner purge (major)
- China Airlines Dynasty Flyer ₹1.00 stable No tracker events on record for this program
- China Eastern Miles ₹0.85 stable No cuts on record — 1 tracked event, all clean
- Delta SkyMiles ₹1.00 stable No tracker events on record for this program
- GarudaMiles ₹1.00 stable No tracker events on record for this program
- Kenya Airways Asante Rewards ₹0.85 stable No tracker events on record for this program
- Korean Air SKYPASS ₹1.00 stable No tracker events on record for this program
- MEA Cedar Miles ₹1.00 stable No tracker events on record for this program
- SAS EuroBonus ₹0.90 stable No cuts on record — 2 tracked events, all clean
- Saudia Alfursan ₹1.00 stable No tracker events on record for this program
- Vietnam Airlines Lotusmiles ₹1.00 stable 1 cut in 24 months — latest: Apr-2026 partner purge (major)
- Virgin Atlantic Flying Club ₹1.00 watch 1 cut in 24 months — latest: Sep-2026 devaluation (major)
Outside the alliances
14 carriers the registry verifies as unaligned, plus 5 programs that belong to none of the groups above.
- Air Arabia AirRewards ₹0.95 stable No tracker events on record for this program
- AirAsia Rewards ₹0.23 stable No cuts on record — 2 tracked events, all clean
- Azul Fidelidade (TudoAzul) ₹0.65 stable No tracker events on record for this program
- China Southern Sky Pearl Club ₹0.75 stable No cuts on record — 1 tracked event, all clean
- Emirates Skywards ₹0.90 high 2 cuts in 24 months — latest: Sep-2026 devaluation (major)
- Etihad Guest ₹1.00 high 5 cuts in 24 months — latest: Aug-2026 devaluation (minor)
- Gulf Air Falconflyer ₹0.90 stable No tracker events on record for this program
- Hainan Airlines Fortune Wings ₹1.00 stable No tracker events on record for this program
- IndiGo BluChip ₹0.50 watch 4 cuts in 24 months — latest: Aug-2026 fee hike (minor) · 3 announced, not yet in force (from Nov-2026)
- JetBlue TrueBlue ₹1.10 stable No tracker events on record for this program
- KIWIS ₹0.25 stable No tracker events on record for this program
- LATAM Pass ₹0.80 stable No tracker events on record for this program
- Niyo Coins ₹0.10 stable No tracker events on record for this program
- SBI Railway Points ₹1.00 stable Last cut Aug-2022 devaluation (moderate) — quiet 4.2y since
- Southwest Rapid Rewards ₹1.20 stable No tracker events on record for this program
- SpiceJet SpiceClub ₹0.50 stable Last cut Dec-2014 devaluation (major) — quiet 11.8y since
- Statement cashback (₹) ₹1.00 stable No tracker events on record for this program
- Uni Coins ₹0.01 stable No tracker events on record for this program
- Virgin Australia Velocity ₹1.00 stable No tracker events on record for this program
Hotel programs
Hotel currencies — the interchange spine of the transfer map.
- Accor Live Limitless (ALL) ₹2.15 high 5 cuts in 24 months — latest: Sep-2026 partner purge (major) · 1 announced, not yet in force (from Nov-2026)
- Club ITC ₹1.00 watch 1 cut in 24 months — latest: Sep-2026 partner purge (major) · 1 announced, not yet in force (from Nov-2026)
- Hilton Honors ₹0.40 watch 2 cuts in 24 months — latest: Sep-2026 partner purge (major)
- IHG One Rewards ₹0.55 high 2 cuts in 24 months — latest: Jul-2026 devaluation (major)
- Jumeirah One ₹1.00 stable No tracker events on record for this program
- Marriott Bonvoy ₹0.65 high 9 cuts in 24 months — latest: Sep-2026 partner purge (major) · 1 announced, not yet in force (from Nov-2026)
- Orchid Rewards ₹1.00 stable No tracker events on record for this program
- Radisson Rewards ₹0.22 stable No cuts on record — 1 tracked event, all clean
- Shangri-La Circle ₹6.35 stable No cuts on record — 2 tracked events, all clean
- Taj Reward Points ₹0.85 stable Last cut Sep-2021 fee hike (minor) — quiet 5.1y since
- The Postcard Sunshine Club ₹1.00 stable No tracker events on record for this program
- World of Hyatt ₹1.50 watch 1 cut in 24 months — latest: May-2026 devaluation (major)
- Wyndham Rewards ₹0.65 stable 1 cut in 24 months — latest: Sep-2026 devaluation (moderate)
Retail & portal currencies
Shopping and portal currencies — the odd feeders.
- Amazon Pay balance ₹1.00 stable No tracker events on record for this program
- Fi-Points ₹0.25 stable No tracker events on record for this program
- Flipkart SuperCoins ₹0.40 stable No cuts on record — 2 tracked events, all clean
- InterMiles ₹0.20 stable Last cut Apr-2019 devaluation (major) — quiet 7.5y since
- iShop (ICICI travel portal) ₹1.00 stable No tracker events on record for this program
- Jupiter Jewels ₹0.20 stable No tracker events on record for this program
- Mag Miles ₹1.00 stable No tracker events on record for this program
- Maximize MaxCoins ₹1.08 stable No cuts on record — 1 tracked event, all clean
- PAYBACK Points (now Zillion Coins) ₹0.25 stable No tracker events on record for this program