IndianOil Premium to AirAsia transfer guide
Review the Axis IndianOil Premium to AirAsia Rewards transfer ratio, timing, cap and booking checks before moving points.


You transfer
10,000IndianOil Premium pts
You receive
5,000AirAsia pts
One-way transfer — points move from card to partner only and cannot be moved back.
Route brief
Use this page to understand the route. Use the app planner for balances, bonuses, award search and final transfer math.
- Source program
- Axis IndianOil Premium
- Destination
- AirAsia Rewards
- Ratio
- 2:1
- 10,000 source points
- 5,000 partner points
- Posting window
- Up to 10 working days
- Transfer limit
- 4,00,000 per calendar year
Check before moving IndianOil Premium points
The ratio matters after the redemption is real. Find the award seat, calculate the amount, verify the account and submit only when ready to book.
- 1Confirm the redemption existsCheck AirAsia Rewards for the exact award seat, taxes, cancellation rules and passenger or guest names before moving points.
- 2Calculate the exact transfer amountUse the 2:1 ratio, 4,00,000 per calendar year limit and the live booking price to avoid transferring stranded points.
- 3Verify the loyalty accountMatch the AirAsia membership number and account name before submitting through the IndianOil Premium rewards portal.
- 4Transfer and book immediatelySubmit only when ready to book, track the Up to 10 working days posting window and complete the redemption as soon as points land.
Transfer decision notes
Estimated output
At the current 2:1 guide ratio, 10,000 IndianOil Premium points estimate 5,000 AirAsia points before transfer bonuses, taxes or award-price changes.
Availability first
Confirm that the AirAsia award seat is visible, bookable and worth the taxes and cancellation rules before transferring.
Failure points
Account-name mismatches, an incorrect membership number, 4,00,000 per calendar year, up to 10 working days posting window, repricing and sold-out inventory can break the booking plan.
Questions and answers
- How many AirAsia points is 10,000 IndianOil Premium points?
- At the 2:1 transfer ratio, 10,000 Axis IndianOil Premium points convert to about 5,000 AirAsia points before any transfer bonus. Ratios and award prices change, so confirm in the Axis portal before moving points.
- How long does the IndianOil Premium to AirAsia transfer take?
- Up to 10 working days once you confirm the transfer in the Axis rewards portal. Only transfer after the award seat is confirmed — the move cannot be reversed.
- Can you transfer AirAsia points back to IndianOil Premium?
- No. Card-to-partner transfers are one-way and final. Move only the exact points you need for a booking you are ready to make.
- Is there a cap on IndianOil Premium to AirAsia transfers?
- 4,00,000 per calendar year. Check the issuer portal for the current cap, fees and any required registration before you transfer.
- Is IndianOil Premium to AirAsia a good transfer?
- The 2:1 ratio loses value on the way out, so it is worth it only when AirAsia has award space you cannot match more cheaply elsewhere. Confirm the booking first.
More routes from this card
Other partners available from the same source program.

IndianOil Premium AeroplanAxis2:1Up to 1 working day
IndianOil Premium Flying BlueAxis2:1Up to 1 working day
IndianOil Premium Maharaja ClubAxis2:1Up to 5 working days
IndianOil Premium BA ClubAxis2:1Up to 1 working day
IndianOil Premium ShebaMilesAxis2:1Up to 10 working days
IndianOil Premium Etihad GuestAxis2:1Up to 1 working day
IndianOil Premium Finnair PlusAxis2:1Up to 1 working day
IndianOil Premium IHG OneAxis2:1Up to 1 working day