The Axis Magnus Credit Card is a premium card designed for high spenders, offering exceptional rewards and benefits. It provides 12,000 reward points (worth ₹3,000–₹4,800) on spending ₹1 lakh monthly, along with 5X rewards on travel, dining, and entertainment
Key features include:
- Annual fee: ₹12,500 (waived on spending ₹15 lakh/year).
- 1:1 airline mile conversion with leading loyalty programs.
- Complimentary airport lounge access (unlimited domestic, 8 international per year).
- Golf benefits, including free rounds and lessons.
- BOGO movie tickets on BookMyShow.
- 24/7 concierge service and luxury hotel discounts.
The Magnus card is ideal for frequent travelers and big spenders, thanks to its accelerated rewards and premium perks. However, its high annual fee makes it best suited for those who can maximize its benefits through consistent high-value spending.
Rating: 3.5/5 : Axis Magnus Credit Card
Best For: High-spenders, Frequent Travelers, Luxury Seekers
Annual Fee: ₹12,500 + Taxes | Income Requirement: ₹24 LPA+
Key Features & Benefits
✈️ Travel Benefits
- Unlimited Lounge Access:
- Domestic: Free for primary + add-on members (spend ₹50K in last 3 months).
- International: Unlimited Priority Pass access + 4 guest visits/year.
- 5X Rewards on travel spends via Travel Edge portal.
- Low Forex Markup: Only 2% on international transactions.
- Oberoi/Trident Hotels:
- 15% off on best rates + complimentary upgrades & stays (book 2 nights, get 3rd free).
💰 Reward Points System
- Base Rate: 12 EDGE points per ₹200 spent (up to ₹1.5L/month).
- Accelerated Rate: 35 EDGE points per ₹200 beyond ₹1.5L/month.
- Travel Edge Bonus:
- 60 points/₹200 (up to ₹2L/month) → 35 points/₹200 thereafter.
- Redemption:
- Transfer to airlines/hotels at 5:2 ratio (5 EDGE = 2 miles).
- Max caps: 1L miles (Group A partners) / 4L miles (Group B).
🍽️ Dining & Lifestyle
- Up to 40% off at select fine-dining restaurants.
- Exclusive discounts on luxury brands via Axis Privé.
How to Maximize Rewards?
- Hit ₹1.5L Monthly Spend: Earn 35 pts/₹200 (best reward rate).
- Book Travel via Travel Edge: Earn 60 pts/₹200 (up to ₹2L/month).
- Annual Fee Waiver: Spend ₹25L/year to waive renewal fee.
- Burgundy Account Holders: Get 5:4 transfer ratio (better than standard 5:2).
Fees & Charges
| Fee Type | Amount |
|---|---|
| Joining Fee | ₹12,500 |
| Annual Fee | ₹12,500 |
| Late Payment | ₹500–₹1,200 |
| Forex Markup | 2% |
Pros & Cons
✅ Pros:
- High reward rate for big spenders (up to 6% return).
- Unlimited lounge access (domestic + international).
- Good airline/hotel transfer partners.
❌ Cons:
- Devaluations: Lower transfer ratio (5:2) vs. earlier (5:4).
- Spend exclusions: Fuel, utilities, rent, etc., don’t count.
- No concierge/meet & greet services.
Alternatives to Consider
- HDFC Infinia: Better rewards (5:4 transfer) but stricter eligibility.
- Axis Atlas: Simpler miles system (1 mile = ₹2 spent).
- Amex Platinum Travel: Great for frequent travellers.
Final Verdict For Axis Magnus Credit Card
“Still a strong premium card for high-spenders who travel often, but recent devaluations reduce its appeal.”
- Best if: You spend ₹1.5L+ monthly and redeem for travel.
- Skip if: You prefer lifestyle perks or lower annual fees.
Apply Now
📞 Check eligibility in 2 mins: [Apply Here]
Here are the Top 20 FAQs about the Axis Magnus Credit Card (2025)
1. What is the joining fee for Axis Magnus Credit Card?
The joining fee is ₹12,500 + taxes, but it can be waived by spending ₹25 lakh annually.
2. How to waive Axis Magnus annual fee?
Spend ₹25 lakh in a year to get the ₹12,500 renewal fee waived.
3. What is the reward rate of Axis Magnus Credit Card?
- Base Rate: 12 EDGE points per ₹200 (up to ₹1.5L/month).
- Accelerated Rate: 35 EDGE points per ₹200 (above ₹1.5L/month).
- Travel Edge Bonus: 60 points/₹200 (up to ₹2L/month).
4. How to redeem Magnus reward points?
Convert to air miles/hotel points (5:2 ratio) or use for vouchers/flight bookings.
5. Does Axis Magnus have lounge access?
✅ Yes!
- Domestic: Unlimited (spend ₹50K in last 3 months).
- International: Unlimited via Priority Pass (+4 guest visits/year).
6. What is the forex markup fee?
Only 2%, making it great for international spends.
7. Is Axis Magnus a metal card?
Yes, it’s a premium metal credit card.
8. What is the income requirement for Axis Magnus?
Minimum ₹24 lakh per annum (salaried/self-employed).
9. Can add-on members get lounge access?
Yes, add-on users get unlimited domestic lounge access.
10. Which airlines can I transfer Magnus points to?
Group A (1L cap/yr): Vistara, Qatar Airways.
Group B (4L cap/yr): AirAsia, Singapore Airlines, etc.
11. What spends are excluded from rewards?
Fuel, rent, utilities, insurance, jewelry, and EMI payments.
12. How to maximize Magnus rewards?
- Hit ₹1.5L/month for 35 pts/₹200.
- Book flights/hotels via Travel Edge for 60 pts/₹200.
13. Does Magnus offer airport meet & greet?
❌ No, unlike Amex Platinum or HDFC Infinia.
14. What are the dining benefits?
Up to 40% off at partner restaurants (e.g., Taj, Oberoi).
15. Can I upgrade to Axis Magnus from another Axis card?
Yes, if you meet income/spend criteria (call customer care).
16. What’s the credit limit on Axis Magnus?
Starts at ₹3-5 lakh+, based on income & credit score.
17. Is Magnus better than HDFC Infinia?
Infinia wins for:
- Better reward rate (5:4 transfer vs Magnus’ 5:2).
- Broader acceptance (Amex/Visa).
But Magnus is easier to get with ₹24L income vs Infinia’s invite-only.
18. How to check Magnus reward points balance?
- Axis Mobile App → Rewards Section.
- SMS “RP” to 56161600.
19. What’s the best way to use Magnus points?
Transfer to airline miles (e.g., Vistara, Singapore Airlines) for max value.
20. Has Axis Magnus been devalued in 2025?
Yes, two major devaluations:
- Reward transfer ratio reduced from 5:4 to 5:2.
- Exclusions added (wallet loads, rent).
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