The offers desk

Time-boxed value, on the record.

Offers are where issuers hide the real value — and where they quietly remove it. A transfer bonus can double what a point is worth for eight weeks; a welcome offer can be gutted on a T&C page nobody reads. So we track them like everything else on this desk: dated, sourced, and counted down to the day they die. If it isn't here, it either doesn't exist or it doesn't have a date — and an offer without a date is just marketing.

why an offer needs a date fold that back up

Every deadline here is a dated event — subscribe to these dates as a calendar →

Transfer bonuses

Kotak Solitaire 30% transfer bonus — 7 partners, through 30 Sep

ends today

30% bonus on Air Miles conversions to seven partners (Flying Blue, British Airways, Cathay, Etihad, Qatar Avios, United, Marriott Bonvoy), capped at 15,000 bonus miles; Accor and the 1:1 Maharaja route are excluded. Turns the card's 2:1 grid into an effective 2:1.3 on the covered airline routes, and Marriott's 3:1 into 3:1.3 — 0.65 partner miles per Air Mile, so the bonus narrows the transfer penalty against Kotak Unbox's flat ₹1 rather than erasing it. The strongest live transfer bonus on any Indian card. Per CardInsider (20 Jul); cite Kotak's official campaign T&C before leaning on the cap fine print.

1 Jul 2026 → 30 Sept 2026 Kotak Air Miles → Flying Blue · BA Avios · Cathay · Etihad · Qatar Avios · United · Bonvoy (multi-partner) Kotak Solitaire cardinsider.com

Welcome offers

HSBC Premier introductory offer — 20,000 reward points on first swipe

ends in 92 days

New primary HSBC Premier cardholders earn 20,000 reward points on their first transaction within 30 days of issuance — ₹20,000 at our ₹1 house value via the 1:1 transfers to Avios/KrisFlyer/Maharaja (far less if cashed on the HSBC portal), already double the ₹12,000 joining fee. Updated KYC required; can't be stacked with any other welcome offer. The offer T&C pins the window to 9 Oct 2025 – 31 Dec 2026, so this is a genuinely dated introductory window, not a rolling sweetener.

HSBC TravelOne welcome pack — cashback, Postcard voucher, EazyDiner

ends in 31 days

₹1,000 cashback + ₹3,000 The Postcard Hotel voucher + 3 months EazyDiner Prime on ₹25,000 spend within 30 days of card opening. App-based applications; video KYC only, offer period through 31 Oct 2026 — and this is already the gutted 1-Jul-2026 construct (₹10k spend used to unlock it, plus a since-scrapped 3,000-point milestone).

Portal promos

No portal promo worth your attention is live right now. SmartBuy and EDGE run monthly accelerators constantly; we list only the ones with a real, dated edge.

Fee-waiver offers

BOBCARD Eterna LTF window — ₹2,499 joining + annual fee at zero

no published end date

New-to-BOBCARD applicants get Eterna lifetime free. The last date BOBCARD ever published was 31 Jul 2026 — the fifth in a chain of 31 Mar → 30 Apr → 30 Jun → 31 Jul — and the product page has printed no end date since. Re-read in full on 15 Aug 2026: the "Limited Period Lifetime Free Card Offer" line still sits under the "Just ₹2499 in Joining & Annual Fees" banner, in two separate places, with no date anywhere on the page and none in the linked features-and-rewards T&C. A community post claims a 31 Aug 2026 extension while conceding "the website banner has not been updated yet" — that is somebody reading an application flow, not BOBCARD publishing a deadline, so it does not go in `ends`. Unlimited domestic lounges on a zero-fee card is the pitch; a clock the issuer won't print is the catch. Assume it can stop any day — we re-read the product page monthly, and this row gets a date the day BOBCARD prints one.

1 Jul 2026 → no published end date BOBCARD Reward Points BOBCARD Eterna bobcard.co.in

Points sales — when buying beats earning

No buy-points window is live right now. Hotel programs run 80–100% bonus sales every few weeks; each entry here does the ₹/point arithmetic against our house value and says buy or skip — most are skips.

Expired offers — the archive

Q3 2026

23 expired offers
5 Aug 2026 → 25 Sept 2026 Hilton Honors buy-points 100% bonus + lifted cap — 0.5¢ a point loyaltylobby.com
15 Aug 2026 → 15 Sept 2026 HSBC waives forex markup on every card — 15 Aug to 15 Sep hsbc.co.in
4 Aug 2026 → 9 Sept 2026 Marriott Bonvoy buy-points 40–50% bonus — 0.83¢ a point upgradedpoints.com
1 Jul 2026 → 31 Aug 2026 BOBCARD Etihad Guest Premium — welcome miles doubled to 15,000 livefromalounge.com
1 Jun 2026 → 31 Aug 2026 IndiGo Axis launch window — welcome BluChips doubled on both cards axis.bank.in
5 Aug 2026 → 31 Aug 2026 Mag Miles → SAS EuroBonus at 80% bonus — 1:1.8 until 31 August magnify.club
1 Aug 2026 → 31 Aug 2026 Mag Miles → Club ITC at 40% bonus — the best-retaining exit, all August magnify.club
1 Jun 2026 → 31 Aug 2026 IndiGo IDFC FIRST — an extra 5,000 BluChips for ₹15,000 in 30 days idfcfirst.bank.in
5 Aug 2026 → 29 Aug 2026 Mag Miles → Flipkart SuperCoins at 100% bonus — and still a losing trade magnify.club
10 Aug 2026 → 22 Aug 2026 Emirates Skywards buy-miles 25% bonus — 2.4¢ a mile, and no emirates.com
14 Jul 2026 → 20 Aug 2026 United MileagePlus buy-miles — up to 45% off / 95% bonus united.com
30 Jul 2026 → 20 Aug 2026 Alaska Atmos buy-miles up to 100% bonus — 1.88¢ a mile loyaltylobby.com
18 Jun 2026 → 17 Aug 2026 IndiGo BluChip intro ratio — double miles from EDGE Miles traveledge.axis.bank.in
18 Jun 2026 → 17 Aug 2026 IndiGo BluChip intro ratio — double BluChips from EDGE Reward Points traveledge.axis.bank.in
1 Aug 2026 → 17 Aug 2026 IHG One Rewards buy-points 100% bonus — 0.5¢ a point loyaltylobby.com
21 Aug 2025 → 31 Jul 2026 Amex Reward Xcelerator — 10X Membership Rewards on Air India direct airindia.com
8 Jul 2026 → 28 Jul 2026 Flying Blue buy-miles 80% bonus — 1.69¢ a mile flyingblue.com
10 Jun 2026 → 24 Jul 2026 Hilton Honors buy-points 100% bonus — 0.5¢ a point hilton.com
15 Jul 2026 → 24 Jul 2026 Avianca LifeMiles buy-miles up to 130% — 1.43¢ each [ends 24 Jul] frequentmiler.com
15 Jul 2026 → 22 Jul 2026 American AAdvantage buy-miles 100% bonus — 1.88¢ a mile aa.com
22 Jun 2026 → 16 Jul 2026 IHG One Rewards buy-points 100% bonus — 0.5¢ a point [ended 16 Jul] loyaltylobby.com
9 Jul 2026 → 16 Jul 2026 British Airways Club buy-Avios 40% bonus — 1.64¢ each [ended 16 Jul] onemileatatime.com
4 Jun 2026 → 5 Jul 2026 Alaska Atmos buy-miles 100% bonus — 1.88¢ a mile [ended 5 Jul] loyaltylobby.com

Q2 2025

1 expired offer
24 May 2025 → 26 May 2025 HDFC SmartBuy 75% miles-transfer bonus (DCB weekend flash) offers.reward360.in

Expired offers never leave the data file — that history is how you tell a generous program from one that runs a flash sale once a year and calls it a relationship.

Closed points sales — the arithmetic, kept

13 buy-points windows have shut on our watch, and every one of them still carries its verdict. Not because you can act on it — you can't, and each line says so — but because these sales repeat. Hilton's "sale" price has been the price all year; IHG has run six. What a programme charged last time is the only honest guide to whether the next banner is worth reading. Every call below is computed the same way as the live ones: the cash price against our mark on the point, and against what the cheapest Indian transfer route spends to land the same point.

the 13 closed windows and their calls

buy IHG One Rewards ₹0.48 a point closed 17 Aug 2026

₹0.48 a point at the 100% tier, 14% BELOW our ₹0.55 mark, and it undercuts every Indian route in: the cheapest transfer, Axis EDGE Miles (one of 5 at that price), spends ₹1.00 of points you already hold per point. Buying beats earning here before you have even picked a redemption. That window closed on 17 Aug 2026; this is the record of it, not a live call.

the full 100% bonus — publicly seen only on a 40,000-point buy, 80% below it · loyaltylobby.com

buy IHG One Rewards ₹0.48 a point closed 16 Jul 2026

₹0.48 a point at the 100% tier, 14% BELOW our ₹0.55 mark, and it undercuts every Indian route in: the cheapest transfer, Axis EDGE Miles (one of 5 at that price), spends ₹1.00 of points you already hold per point. Buying beats earning here before you have even picked a redemption. That window closed on 16 Jul 2026; this is the record of it, not a live call.

a flat 100% bonus, every tier · loyaltylobby.com

only way in Alaska Airlines Atmos Rewards ₹1.79 a point closed 20 Aug 2026

₹1.79 a point at the 100% tier, 79% above our ₹1.00 mark. No Indian card on this desk reaches Alaska Airlines Atmos Rewards at all, so a sale is one of the only bulk ways in — which is a reason to buy against an award you have already found, never a reason to hold. That window closed on 20 Aug 2026; this is the record of it, not a live call.

the full 100% bonus — needs a 30,000-point buy; thresholds vary 80–100% · loyaltylobby.com

only way in Alaska Airlines Atmos Rewards ₹1.79 a point closed 5 Jul 2026

₹1.79 a point at the 100% tier, 79% above our ₹1.00 mark. No Indian card on this desk reaches Alaska Airlines Atmos Rewards at all, so a sale is one of the only bulk ways in — which is a reason to buy against an award you have already found, never a reason to hold. That window closed on 5 Jul 2026; this is the record of it, not a live call.

the full 100% bonus (targeted) · loyaltylobby.com

only way in American Airlines AAdvantage ₹1.79 a point closed 22 Jul 2026

₹1.79 a point at the 100% tier, 79% above our ₹1.00 mark. No Indian card on this desk reaches American Airlines AAdvantage at all, so a sale is one of the only bulk ways in — which is a reason to buy against an award you have already found, never a reason to hold. That window closed on 22 Jul 2026; this is the record of it, not a live call.

the full 100% bonus · aa.com

targeted Avianca LifeMiles ₹1.36 a point closed 24 Jul 2026

₹1.36 a point at the 130% tier, 36% above our ₹1.00 mark — but still cheaper than moving points: the best Indian route, HDFC Reward Points, costs ₹2.00 of bank points per point. Worth it only against an award you have already priced above ₹1.36 a point. That window closed on 24 Jul 2026; this is the record of it, not a live call.

the top targeted 130% tier · frequentmiler.com

skip Air France-KLM Flying Blue ₹1.61 a point closed 28 Jul 2026

₹1.61 a point at the 80% tier, 61% above our ₹1.00 mark. Skip it: Axis EDGE Miles (one of 5 at that price) transfers in at ₹1.00 of points per point, so the cheapest Air France-KLM Flying Blue point on this desk is one you already own. That window closed on 28 Jul 2026; this is the record of it, not a live call.

24,000 miles or more pre-bonus · flyingblue.com

skip Avios (BA / Qatar / Finnair) ₹1.56 a point closed 16 Jul 2026

₹1.56 a point at the 40% tier, 56% above our ₹1.00 mark. Skip it: Amex Membership Rewards (one of 4 at that price) transfers in at ₹1.00 of points per point, so the cheapest Avios (BA / Qatar / Finnair) point on this desk is one you already own. That window closed on 16 Jul 2026; this is the record of it, not a live call.

the 200,000-Avios tier — the only one that reaches this price · onemileatatime.com

skip Emirates Skywards ₹2.28 a point closed 22 Aug 2026

₹2.28 a point at the 25% tier, 153% above our ₹0.90 mark. Skip it: Amex Membership Rewards transfers in at ₹1.00 of points per point, so the cheapest Emirates Skywards point on this desk is one you already own. That window closed on 22 Aug 2026; this is the record of it, not a live call.

up to 25% — the richer 45% half of the campaign closed 9 Aug · emirates.com

skip Hilton Honors ₹0.48 a point closed 25 Sep 2026

₹0.48 a point at the 100% tier, 19% above our ₹0.40 mark. Skip it: Amex Membership Rewards transfers in at ₹0.33 of points per point, so the cheapest Hilton Honors point on this desk is one you already own. That window closed on 25 Sep 2026; this is the record of it, not a live call.

the full 100% bonus; some accounts see 80–90% instead · loyaltylobby.com

skip Hilton Honors ₹0.48 a point closed 24 Jul 2026

₹0.48 a point at the 100% tier, 19% above our ₹0.40 mark. Skip it: Amex Membership Rewards transfers in at ₹0.33 of points per point, so the cheapest Hilton Honors point on this desk is one you already own. That window closed on 24 Jul 2026; this is the record of it, not a live call.

the full 100% bonus (5,000-point minimum per transaction) · hilton.com

skip Marriott Bonvoy ₹0.79 a point closed 9 Sep 2026

₹0.79 a point at the 50% tier, 21% above our ₹0.65 mark. Skip it: Amex Membership Rewards transfers in at ₹0.50 of points per point, so the cheapest Marriott Bonvoy point on this desk is one you already own. That window closed on 9 Sep 2026; this is the record of it, not a live call.

the 40,000–200,000-point tier (2,000–39,000 buys 40%) · upgradedpoints.com

skip United MileagePlus ₹1.79 a point closed 20 Aug 2026

₹1.79 a point at the 95% tier, 79% above our ₹1.00 mark. Skip it: Axis EDGE Miles (one of 2 at that price) transfers in at ₹1.00 of points per point, so the cheapest United MileagePlus point on this desk is one you already own. That window closed on 20 Aug 2026; this is the record of it, not a live call.

the best targeted tier — 95% bonus or 45% off, max 50,000 miles per 90 days · united.com

History: transfer now or wait?

Every corridor worth using has a rap sheet, and the rap sheet is the strategy. Below is each corridor's full bonus record — how often it fires, what the median bonus is, and when it last showed up. The verdicts are computed from those rows, not vibes: if a corridor pays 30% every few months, transferring flat isn't loyalty, it's a donation.

Amex MR (India) → Marriott Bonvoy

median 30% 3× on record ~every 15 months last seen Apr 2025

A 30%-median bonus lands about every 15 months — 3 on record, last Apr 2025. Transferring flat hands 30% back to the program — wait for the window.

the receipts (3)
  • +30% 1 Sept 2022 → 31 Oct 2022 1 MR = 1.3 Bonvoy points across all MR cards; 9-lakh MR/year transfer cap. livefromalounge.com
  • +30% 16 Nov 2023 → 15 Dec 2023 Repeat of the 2022 construct: 30% on every MR card, 9-lakh MR/year cap. livefromalounge.com
  • +10% 17 Feb 2025 → 16 Apr 2025 Gutted edition: Platinum/Centurion only, 25,000 bonus-point cap — the lowest India bonus on this corridor yet. livefromalounge.com

Axis EDGE → Accor ALL

median 25% 3× on record ~every 4 months last seen Mar 2025 route dead

Route deleted on 2 Apr 2026 — 3 bonuses on the record (median 25%) and none of them matter any more. Corridors die faster than points expire; that is the real lesson of this archive.

the receipts (3)
  • +25% 24 Jun 2024 → 30 Jun 2024 25% on EDGE RP/Miles → ALL, capped at 6,000 bonus ALL points; official campaign T&C. campaign.axis.bank.in
  • +25% 27 Jan 2025 → 2 Feb 2025 Same 25% / 6,000-cap construct, one-week window; community-documented (dates from the campaign page, now offline). x.com
  • +25% 24 Mar 2025 → 30 Mar 2025 Third run of the identical 25% / 6,000-cap flash. Axis then removed Accor entirely on 2 Apr 2026. livefromalounge.com

Axis EDGE → Club ITC

median 10% 1× on record seen once last seen Aug 2023

One sighting: 10% in Aug 2023. Once is not a cadence — but a corridor that flashed once flashes again. Don't move a big balance flat the week before it does.

the receipts (1)
  • +10% → 31 Aug 2023 10% bonus Green Points on 20,000+ GP conversions; start never published, twice-extended to 31 Aug 2023, credited inconsistently. livefromalounge.com

HDFC SmartBuy → miles partners

median 75% 1× on record seen once last seen May 2025

One sighting: 75% in May 2025. Once is not a cadence — but a corridor that flashed once flashes again. Don't move a big balance flat the week before it does.

the receipts (1)
  • +75% 24 May 2025 → 26 May 2025 One-weekend 75% flash to five partners (Etihad, BA Club, United, IHG, ITC), 7,500 bonus-mile cap, DCB/DCB Metal only. offers.reward360.in

Marriott Bonvoy → airline miles

median 27.5% 8× on record ~every 11 months last seen Jun 2026

A 27.5%-median bonus lands about every 11 months — 8 on record, last Jun 2026. Transferring flat hands 27.5% back to the program — wait for the window.

the receipts (8)
  • +35% 25 Nov 2019 → 3 Dec 2019 35% to Air Canada Aeroplan, on top of the standing 5k-per-60k transfer kicker. frequentmiler.com
  • +50% 8 Apr 2021 → 30 Apr 2021 50% to Etihad Guest — the corridor's all-time high. frequentmiler.com
  • +40% 26 Aug 2021 → 28 Aug 2021 40% to Etihad Guest, a three-day flash. frequentmiler.com
  • +30% 1 Sept 2021 → 30 Sept 2021 30% to United MileagePlus for the full month. frequentmiler.com
  • +15% 15 Jun 2024 → 31 Jul 2024 15% to Aeroplan — the post-2021 bonuses run visibly smaller. frequentmiler.com
  • +15% 1 Oct 2024 → 31 Oct 2024 15% to Aeroplan again, three months after the last one. frequentmiler.com
  • +25% 1 Oct 2025 → 31 Oct 2025 25% to United MileagePlus, stacking on United's 10k-per-60k standing kicker. frequentmiler.com
  • +25% 1 Jun 2026 → 30 Jun 2026 25% to United MileagePlus — the Oct-2025 offer, verbatim, eight months later. frequentmiler.com

Accor ALL → airline miles

median 25% 2× on record ~every 7 months last seen Jul 2026

A 25%-median bonus lands about every 7 months — 2 on record, last Jul 2026. Transferring flat hands 25% back to the program — wait for the window.

the receipts (2)
  • +30% 3 Dec 2025 → 17 Dec 2025 30% to Flying Blue on the (already money-losing) 2:1 hotel-to-air ratio. frequentmiler.com
  • +20% 1 Jul 2026 → 31 Jul 2026 20% to JAL Mileage Bank for the month of July 2026. awardwallet.com

Buy Avios (Qatar Privilege Club)

median 55% 4× on record ~every 3 months last seen May 2026

A 55%-median sale fires about every 3 months — 4 on record, last May 2026. Never buy at list price; the next sale is already scheduled in everything but name.

the receipts (4)
  • +60% → 25 Aug 2025 Up to 60% bonus, ~1.81 US¢ per Avios at the top tier. loyaltylobby.com
  • +65% 3 Dec 2025 → 6 Dec 2025 Four-day 65% flash — the corridor's best rate on record (~1.81 US¢). loyaltylobby.com
  • +50% → 16 Feb 2026 Tiered 30/40/50% sale; top tier ~₹1.39 per Avios, 250k/yr purchase cap. livefromalounge.com
  • +50% 18 May 2026 → 25 May 2026 50% again, ~1.53 US¢ per Avios at the 26k+ tier. mainlymiles.com

Mag Miles → Club ITC

median 40% 1× on record seen once last seen Aug 2026

One sighting: 40% in Aug 2026. Once is not a cadence — but a corridor that flashed once flashes again. Don't move a big balance flat the week before it does.

the receipts (1)
  • +40% 1 Aug 2026 → 31 Aug 2026 1:1 becomes 1:1.4 — ₹1.40 of Green Points per ₹1.00 Mag Mile. No bonus cap, no transfer fee. magnify.club

Mag Miles → SAS EuroBonus

median 80% 1× on record seen once last seen Aug 2026

One sighting: 80% in Aug 2026. Once is not a cadence — but a corridor that flashed once flashes again. Don't move a big balance flat the week before it does.

the receipts (1)
  • +80% → 31 Aug 2026 1:1 becomes 1:1.8 (₹1.62/mile) — the biggest headline number Magnify has printed, into the programme with the least India utility. Magnify publishes deadlines, never start dates. magnify.club

Mag Miles → Flipkart SuperCoins

median 100% 1× on record seen once last seen Aug 2026

One sighting: 100% in Aug 2026. Once is not a cadence — but a corridor that flashed once flashes again. Don't move a big balance flat the week before it does.

the receipts (1)
  • +100% → 29 Aug 2026 Double SuperCoins and still a 20% loss — ₹0.80 of coins for a ₹1.00 Mag Mile. The file's clearest proof that a bonus percentage is not a value. magnify.club

Kotak Solitaire Air Miles → airline partners

median 30% 1× on record seen once last seen Sept 2026

One sighting: 30% in Sept 2026. Once is not a cadence — but a corridor that flashed once flashes again. Don't move a big balance flat the week before it does.

the receipts (1)
  • +30% 1 Jul 2026 → 30 Sept 2026 30% across seven partners (Flying Blue, BA, Cathay, Etihad, Qatar Avios, United, Bonvoy), capped at 15,000 bonus miles; Accor and the 1:1 Maharaja route excluded. A three-month window, not a flash — the longest live bonus on any Indian card. cardinsider.com

Frequency, median and every verdict above are recomputed at build time from the sourced rows in data/bonus-history.yaml — promos we couldn't pin to a date and a source didn't make the file.