The Magnus Credit Card is one of the most rewarding and sought-after cards in Axis Bank’s portfolio. This super-premium card issued by the bank targets high-income individuals who want to enjoy the privilege of a luxurious lifestyle. It has a joining fee of ₹12,500 but offers exciting benefits across various categories, including travel, rewards, and many more.
Cardholders get domestic and international lounge access at airports and premium customers can also make international transactions at a relatively low 2% Forex Markup fee. Also, there are no cash withdrawal charges on the card (Interest charges applicable). Although the annual fee of the card is relatively high, you can get it waived by spending 25 lakhs or above in a card anniversary year.
Travel, Dining, Shopping
Reward Points
6.00
Rs 0.20
Rs 12500
Rs 12500
Choose a gift voucher worth Rs. 12,500 from any one of Luxe, Yatra, or Postcard Hotels
₹12,500 worth of gift vouchers from Luxe, Postcard Hotels, or Yatra as a welcome benefit
12 Axis EDGE REWARDS Points for every ₹200 spent on retail purchases up to ₹1.5 Lakhs. Earn 35 RPs per ₹200 after exceeding the monthly spend of ₹1.5 Lakhs
Earn 60 Axis EDGE REWARDS Points for every ₹200 spent on the Travel Edge portal up to ₹2 Lakhs. Earn 35 RPs per ₹200 after exceeding the monthly spend of ₹2 Lakhs
Unlimited domestic airport lounge access every year.
Unlimited complimentary international lounge visits every year with Priority Pass.
Discounted stays at Oberoi Hotels.
40% discount up to Rs 1,000 via Eazydiner at 4,000+ restaurants across India under the Axis Bank Dining Delights program.
Credit Shield cover (against misuse of the card) worth ₹5 lakh and purchase protection worth ₹2 lakh with Axis Bank Magnus Card.
Medical benefits include a medical concierge, a second medical opinion, preventive healthcare diagnostic programs, and global travel and medical assistance.
Lower interest rate (2.5% pm) foreign currency markup (2%) and zero cash withdrawal fee.
Movie & Dining
20% Discount at 4,000+ Restaurants Across India Under the Axis Dining Delights Program
Rewards Rate
12 Axis EDGE REWARDS Points for every Rs. 200 spent with the card, 5X EDGE REWARDS on travel spends via TRAVEL EDGE.
Reward Redemption
Axis EDGE REWARDS Points can be redeemed on the EDGE REWARDS portal at a value of 1 Edge Reward = Re. 0.20 or Transfer to Partner Airlines/Hotels Rewards Program.
Travel
Complimentary Airport Lounge Access, and Discounted Stays at Oberoi Hotels
Domestic Lounge Access
Unlimited Free Domestic Airport Lounge Access
International Lounge Access
Unlimited complimentary international airport lounge access for primary cardholders and 8 complimentary visits for the guests every year with Priority Pass
Golf
NA
Insurance Benefits
Credit shield protection worth Rs. 5 lakh (in case the card is lost) and a purchase protection worth Rs. 2 lakh.
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