Axis Bank
Axis Magnus Credit Card
Best for premium, travel, lounge-access
₹12,500/yr annual fee · 12x rewards
By FinWiz24 Research Desk · Reviewed by FinWiz24 Research Desk · How we review
Annual fee
₹12,500/yr
Reward rate
12x
Min. income
₹24,00,000
Forex markup
Not published
Lounge access
Domestic + international
Eligibility
₹24 lakh/yr · CIBIL 750+
Reward cap
Capped at 5 lakh EDGE Points redeemable to transfer partners per year (1L Group A + 4L Group B; 2L Group A + 8L Group B for Burgundy customers)
Welcome benefit
Welcome gift voucher worth Rs 12,500 (Luxe, Yatra, or Postcard Hotels); Burgundy customers get 5:4 transfer ratio
Who is this for
- Premium cardholder
- Frequent traveller
What we like
- Unlimited international lounge access
- Milestone vouchers or extras
Watch out for
- ₹12,500 non-waiver joining fee
- ₹1,500 late-payment fee
Issuer
Headquarters
Mumbai, Maharashtra
Established 1993
Website
www.axisbank.comFees and charges
| Fee | Amount | Waiver |
|---|---|---|
| Renewal fee | ₹12,500 | Waived on annual spends ≥ ₹25,00,000 |
| Joining fee | ₹12,500 | Not waivable |
| Annual fee | ₹12,500 | Waived on Rs 25 lakh annual spend (or Rs 30 lakh as previously listed) |
| Forex markup | Not published | Not waivable |
| Late payment | ₹1,500 | Not waivable |
| Fuel surcharge | 1% | 1% surcharge waived on fuel between ₹400 and ₹4,000 |
Rewards
| Spend category | Rate | Cap | Redemption |
|---|---|---|---|
| All spends | 12 EDGE Reward Points per Rs 200 on monthly spends up to Rs 1.5 lakh; 35 points per Rs 200 above Rs 1.5 lakh; 60 poin… | Capped at 5 lakh EDGE Points redeemable to transfer partners per year (1L Group A + 4L Group B; 2L Group A + 8L Group B for Burgundy customers) | Transfer to 20+ airline/hotel partners at 5:2 (5 EDGE = 2 partner points). 1 EDGE Point = Rs 0.20 in product catalog. |
| TRAVEL | 5.00 | — | 0.50 |
| DINING | 5.00 | — | 0.50 |
| SHOPPING | 5.00 | — | 0.50 |
Benefits
-
Domestic lounge access
Unlimited domestic lounge access (primary + add-on) on min Rs 50,000 spend in previous quarter
-
International lounge access Highlight
Unlimited international lounge access via Priority Pass + 4 guest visits/year
-
Milestone benefits Highlight
Welcome gift voucher worth Rs 12,500 (Luxe, Yatra, or Postcard Hotels); Burgundy customers get 5:4 transfer ratio
-
Fuel surcharge waiver
1% waiver on fuel transactions Rs 400-4,000
Eligibility
- Age
- 21–65 years
- Min. income
- ₹24,00,000
- Min. credit score
- 750+
- Score note
- Excellent credit score required
- Employment
- Salaried, self-employed
- Documents
- PAN, Aadhaar, salary slips / ITR / Form 16
Axis Magnus Credit Card is a VISA credit card from Axis Bank. It is best suited for premium, travel, lounge-access.
Fees and rewards
- Annual fee: ₹12500
- Joining fee: ₹12500
- Rewards: 12000 bonus points on ₹1L monthly; 5X on travel
Eligibility
PAN, Aadhaar, salary slips / ITR / Form 16
Card data is compiled from the issuer’s published fee schedules and is reviewed weekly. High-confidence record. Status: active.
Step-by-step application guide: Read the Axis Magnus Credit Card apply walkthrough →
Apply for Axis Magnus Credit Card
Last reviewed · How we review
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