Axis Bank Magnus Credit Card
Updated on August 25, 2026
🎖️Reward Rate
Base Rewards: 12 EDGE Reward Points per ₹200 (12 EDGE Reward Points per ₹200 on standard retail spends)
Overview
Axis Bank Magnus Credit Card by Axis Bank provides premium value tailored for Super Premium cardholders.
Rewards
Reward Type
Reward Points
Reward Rate
- • Base Rewards: 12 EDGE Reward Points per ₹200 (12 EDGE Reward Points per ₹200 on standard retail spends)
- • Accelerated Rewards: 35 EDGE Reward Points per ₹200 (5.8% return) on Travel EDGE bookings. 5:2 airline/hotel miles transfer ratio (5:4 for Burgundy Magnus).
- • Excluded Categories: Fuel, Wallet loads, Government payments, Rent
Welcome Benefit
Choice of luxury welcome voucher worth ₹12,500 (Luxe gift card, The Postcard Hotels voucher, or Yatra flight voucher); Qualification Criteria: Payment of joining fee within 30 days; Fulfillment Timeline: 30 days post fee payment
Milestone Benefit
Spend ₹25 Lakhs (Annual): Annual renewal fee waiver of ₹12,500; Annual Fee Waiver: Spend ₹25,00,000 or more in preceding 12 months for annual fee waiver
Redemption
- • Transfer to 16+ partner airlines & hotel chains (KrisFlyer, Qatar Privilege Club, Club Vistara, Marriott Bonvoy, Accor)
- • Travel EDGE portal flight & hotel redemptions at 1 RP = ₹0.20
Benefits
- Domestic Airport Lounge: Unlimited per year via Mastercard / Visa Lounge Program (Guest Access: 8 complimentary guest visits per year)
- International Airport Lounge: Unlimited per year via Priority Pass via Priority Pass (Guest Access: 8 complimentary guest visits per year)
- Fuel Surcharge Waiver: 1% (Max waiver ₹400 per month)
- 8 Complimentary VIP Airport Meet & Greet Services: 8 complimentary VIP airport concierge Meet & Assist services annually across 29 Indian airports. (End-to-end escort and baggage assistance) [Partners: Airport Concierge Services]
- Axis Bank Dining Delights: Up to 40% discount at 4,000+ premium partner restaurants across India. (Via EazyDiner integration) [Partners: EazyDiner]
Things to Know Before you apply
Axis Bank Magnus Credit Card Eligibility Criteria
- Age: 21–70 years
- Salaried min ₹18,00,000 p.a. or Burgundy account relationship
- Salaried & Self-Employed Individuals
- Resident Indian
Fees & Charges
| Particulars | Amount |
|---|---|
| Joining Fee | ₹12,500 |
| Annual Fee | ₹12,500 |
| Foreign Currency Mark-up Fee | 2% |
| Cash Advance Fee | 2.5% (min ₹500) |
Fee waiver: Spend ₹25,00,000 or more in preceding 12 months for annual fee waiver
PaisaSimple Review
Overall Rating
4.9/5What do we like about this card?
Axis Bank Magnus Credit Card issued by Axis Bank is one of India's leading credit cards for Super Premium spends, featuring competitive reward earning and verified travel perks.
Pros
- • Base Rewards: 12 EDGE Reward Points per ₹200 (12 EDGE Reward Points per ₹200 on standard retail spends)
- • Forex markup rate of 2%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
Cons
- • Annual renewal fee of ₹12500
- • Reward exclusion on fuel purchases and wallet load transactions
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- • Choice of luxury welcome voucher worth ₹12,500 (Luxe gift card, The Postcard Hotels voucher, or Yatra flight voucher)
- • Qualification Criteria: Payment of joining fee within 30 days
- • Fulfillment Timeline: 30 days post fee payment
- • White Pass worth ₹10,000 upon payment of joining fee and spend of ₹30,000 within first 60 days
- • Qualification Criteria: Payment of joining fee and ₹30k spend within 60 days
- • Fulfillment Timeline: 30 days post criteria completion
- • Complimentary Club Marriott membership for the first year
- • 12,500 Reward Points upon fee realisation and card activation
- • Member's Night (Monday): buy one drink, get a complimentary second drink
- • Member's Day (Tuesday): 50% off food bill and 25% off beverage bill
- • Complimentary spouse membership with card-only benefits
- • Base Rewards: 12 EDGE Reward Points per ₹200 (12 EDGE Reward Points per ₹200 on standard retail spends)
- • Accelerated Rewards: 35 EDGE Reward Points per ₹200 (5.8% return) on Travel EDGE bookings. 5:2 airline/hotel miles transfer ratio (5:4 for Burgundy Magnus).
- • Excluded Categories: Fuel, Wallet loads, Government payments, Rent
- • Base Rewards: White Pass Milestone Currency per ₹100 (Earn White Pass worth ₹1,500 up to ₹2,50,000 across milestone spends from ₹2 Lakhs to ₹1 Crore)
- • Accelerated Rewards: White Pass currency with 1:1 INR redemption value across luxury lifestyle, hotel, flight, and curated retail partners
- • Excluded Categories: Fuel, Wallet loads, Rent
- • 5 Reward Points on every ₹150 retail spend, including insurance, utilities and education
- • Up to 10X Reward Points on travel and shopping spends via SmartBuy
- • Base Rewards: 12 EDGE Reward Points per ₹200 (12 EDGE Reward Points per ₹200 on standard retail spends)
- • Forex markup rate of 2%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
- • Base Rewards: White Pass Milestone Currency per ₹100 (Earn White Pass worth ₹1,500 up to ₹2,50,000 across milestone spends from ₹2 Lakhs to ₹1 Crore)
- • Forex markup rate of 2%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
- • Base Rewards: 5 Reward Points per ₹150 (5 Reward Points on every Rs.150 retail spends including Insurance, Utilities and Education (3.3% base reward rate))
- • Forex markup rate of 2%
- • Airport lounge and lifestyle dining privileges
- • Value-packed milestone rewards on annual spend
- • Annual renewal fee of ₹12500
- • Reward exclusion on fuel purchases and wallet load transactions
- • Annual renewal fee of ₹12500
- • Reward exclusion on fuel purchases and wallet load transactions
- • Annual renewal fee of ₹12500
- • Reward exclusion on fuel purchases and wallet load transactions