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Axis Bank Magnus Credit Card

Axis Bank

Annual / renewal fee

₹12,500 (plus GST), 2nd year onwards.

VerifiedTerms & Conditions – Axis Bank Magnus for Burgundy Credit Card4 Aug 2026, 10:00 AM ISTAxis Bank

Earn rate

  • 12 EDGE Reward Points per ₹200 on spends up to ₹1.5 lakhs in a calendar month.
  • 35 EDGE Reward Points per ₹200 on spends above ₹1.5 lakhs, up to spends equivalent to credit limit + additional ₹1.5 lakhs per calendar month.
  • Thereafter 12 EDGE Reward Points per ₹200.
  • Earn 60 EDGE Reward Points per ₹200 on Travel EDGE portal up to cumulative ₹2,00,000 per month, and 35 per ₹200 above that (effective 20 June 2025).

VerifiedTerms & Conditions – Axis Bank Magnus Credit Card (effective 20 June 2025, latest revision)4 Aug 2026, 10:00 AM ISTAxis Bank

View on official site →

This is the issuer's own page for this card. We earn nothing from this link.

You'll land on the issuer's official application portal at axis.bank.in — if a different card is shown first, use its card selector to pick this one.

Source-traced to issuer Verified 2026-08-04
View on official site →

This is the issuer's own page for this card. We earn nothing from this link.

You'll land on the issuer's official application portal at axis.bank.in — if a different card is shown first, use its card selector to pick this one.

Overview

Axis Bank Magnus Credit Card by Axis Bank. Facts on this page are extracted and verified automatically from official issuer documents.

Fees

Joining fee

₹12,500 (plus GST).

VerifiedTerms & Conditions – Axis Bank Magnus for Burgundy Credit Card4 Aug 2026, 10:00 AM ISTAxis Bank

Annual / renewal fee

₹12,500 (plus GST), 2nd year onwards.

VerifiedTerms & Conditions – Axis Bank Magnus for Burgundy Credit Card4 Aug 2026, 10:00 AM ISTAxis Bank

Fee waiver

Annual fee of ₹12,500 waived on eligible spends of ₹25,00,000 in the preceding card anniversary year.

VerifiedTerms & Conditions – Axis Bank Magnus for Burgundy Credit Card4 Aug 2026, 10:00 AM ISTAxis Bank

Rewards

  • 12 EDGE Reward Points per ₹200 on spends up to ₹1.5 lakhs in a calendar month.
  • 35 EDGE Reward Points per ₹200 on spends above ₹1.5 lakhs, up to spends equivalent to credit limit + additional ₹1.5 lakhs per calendar month.
  • Thereafter 12 EDGE Reward Points per ₹200.
  • Earn 60 EDGE Reward Points per ₹200 on Travel EDGE portal up to cumulative ₹2,00,000 per month, and 35 per ₹200 above that (effective 20 June 2025).

VerifiedTerms & Conditions – Axis Bank Magnus Credit Card (effective 20 June 2025, latest revision)4 Aug 2026, 10:00 AM IST

Award example

Example (credit limit ₹5 lakhs, spends ₹8 lakhs in a calendar month): 9,000 points on first ₹1.5 lakhs (12/₹200) + 87,500 points on next ₹5 lakhs at 35/₹200 (₹1.5L to ₹6.5L = credit limit + additional ₹1.5 lakhs) + 9,000 points on the remaining ₹1.5 lakhs at 12/₹200.

VerifiedTerms & Conditions – Axis Bank Magnus Credit Card (effective 20 June 2025, latest revision)4 Aug 2026, 10:00 AM ISTAxis Bank

Redemption value

  • 1 EDGE Reward Point = ₹0.20 when redeemed at Gift EDGE portal.
  • EDGE Reward Points redemption fee: INR 99 per redemption transaction.
  • EDGE Miles redemption fee: INR 199 per redemption transaction on conversion/transfer to a miles partner.

VerifiedAxis Bank Magnus Credit Card product page4 Aug 2026, 10:00 AM ISTAxis Bank

Reward cap

  • Accelerated 35 EDGE Reward Points per ₹200 apply only up to spends equivalent to credit limit + additional ₹1.5 lakhs per calendar month.
  • Beyond that, 12 EDGE Reward Points per ₹200.

VerifiedTerms & Conditions – Axis Bank Magnus Credit Card (effective 20 June 2025, latest revision)4 Aug 2026, 10:00 AM ISTAxis Bank

Reward exclusion

Wallet loads/paymentsEMI transactionsRental Payments above Rs. 50,000 per monthGovernment institutionsUtilities & TelecomInsuranceGold & JewelleryFuelreversed/cancelled/refunded transactionsFees & ChargesCash withdrawalsTravel EDGE up to Rs. 2 lakhsGyftr

VerifiedAxis Bank Magnus Credit Card product page4 Aug 2026, 10:00 AM ISTAxis Bank

Travel & lounge

Lounge access

  • Unlimited complimentary domestic airport lounge visits for primary and add-on cardholders (from 1 May 2024, requires minimum spends of ₹50,000 in previous 3 calendar months).
  • Unlimited complimentary international lounge visits for primary cardholder via Priority Pass plus 4 complimentary guest visits (revised from 8 to 4 guest visits w.e.f 20 April 2024).

VerifiedTerms & Conditions – Axis Bank Magnus Credit Card (April 2024 revision, axis.bank.in host)4 Aug 2026, 10:00 AM ISTAxis Bank

Hotel benefit

The Leela offer (valid 3 Oct 2025 to 30 Sep 2026): 15% savings on bed & breakfast rate at The Leela Palaces, Hotels and Resorts (blackout dates apply; not valid on member rates or highly discounted offers; not combinable with other promotions; not for group bookings of more than 5 rooms).

Verifiedharvested from product page4 Aug 2026, 10:00 AM ISTAxis Bank

Dining, golf, concierge, insurance, milestones & welcome

Welcome benefit

  • Welcome benefit voucher worth ₹12,500 (choice of Luxe gift card, The Postcard Hotels gift voucher, or Yatra gift voucher), for customers onboarded from 1 September 2023.
  • Requires making the first spend transaction within 30 days of card issuance.

VerifiedAxis Bank Magnus Credit Card product page4 Aug 2026, 10:00 AM ISTAxis Bank

Milestone benefit

Monthly milestone benefit of 25,000 EDGE Reward Points on monthly spends of ₹1,00,000 has been DISCONTINUED with effect from 1 September 2023.

VerifiedAxis Bank Magnus Credit Card product page4 Aug 2026, 10:00 AM ISTAxis Bank

Eligibility

Not published in the official documents on file — see the official T&C link below.

Charges & interest

Forex markup

Foreign Currency Transaction Fee: 2% of the transaction value.

VerifiedTerms & Conditions – Axis Bank Magnus for Burgundy Credit Card4 Aug 2026, 10:00 AM ISTAxis Bank

Charge

  • Finance/Interest charge (eff. 20 Dec 2024): 3.0% per month (42.58% per annum) on extended credit and cash advances.
  • Cash withdrawal fee: Waived.
  • Fee for cash payment at branches: INR 175.
  • Late Payment Fee: Nil up to ₹500 due.
  • ₹500 for ₹501-5,000.
  • ₹750 for ₹5,001-10,000.
  • ₹1,200 above ₹10,000.
  • Additional ₹100 on missing MAD for two consecutive cycles.
  • Over-limit penalty: 2.5% of over-limit amount (min ₹500).
  • Cheque return/dishonour/SI/NACH failure: 2% of payment amount (min ₹500).
  • Foreign Currency Transaction Fee: 2%.
  • Dynamic Currency Conversion markup: 1.5% plus taxes.
  • Rent Transaction Fee: 1% per transaction.
  • Wallet Load fee (from 20 Dec 2024): 1% on cumulative wallet loads of ₹10,000+ per statement cycle.
  • Fuel Transaction Fee (from 20 Dec 2024): 1% on cumulative fuel spends of ₹50,000+ per cycle.
  • Education Transaction Fee: 1% on third-party app education payments.
  • Utility Transaction Fee: 1% on cumulative utility spends of ₹25,000+ per cycle.
  • Online Skill-Based Gaming Fee: 1% on cumulative ₹10,000+ per cycle.
  • EDGE Reward Points redemption fee: INR 99 per redemption.
  • EDGE Miles redemption fee: INR 199 per transfer.
  • Add-on card: Nil.
  • Mobile alerts, hotlisting, balance enquiry, replacement, duplicate statement, charge slip retrieval, outstation cheque: Waived.

VerifiedTerms & Conditions – Axis Bank Magnus for Burgundy Credit Card4 Aug 2026, 10:00 AM ISTAxis Bank

Interest-free period

Interest-free grace period ranges from 20 to 50 days, depending on the date of transaction (suspended if any balance from the previous month's bill is outstanding).

VerifiedTerms & Conditions – Axis Bank Magnus for Burgundy Credit Card4 Aug 2026, 10:00 AM ISTAxis Bank

Transfers

Transfer partner

Airlines (15)

  • Air Canada

    Aeroplan

    5:2

  • Ethiopian Airlines

    Ethiopian Airlines

    5:2

  • Etihad

    Etihad Guest

    5:2

  • Japan Airlines

    JAL Mileage Bank

    5:2

  • Qatar Airways

    Qatar Airways

    5:2

  • Singapore Airlines

    Krisflyer

    5:2

  • Turkish Airlines

    Turkish Airlines

    5:2

  • Thai Airways

    Royal Orchid Plus

    5:2

  • United Airlines

    MileagePlus

    5:2

  • Air France-KLM

    Flying Blue

    5:2

  • Air India

    Flying Returns

    5:2

  • Air Asia

    Air Asia

    5:2

  • Qantas Airways

    Qantas Frequent Flyer

    5:2

  • SpiceJet

    SpiceJet

    5:2

  • Vistara

    TATA SIA Airlines Ltd

    5:2

Hotels (5)

  • Accor Hotels

    Accor Live Limitless

    5:2

  • Marriott International

    Marriott Bonvoy

    5:2

  • Wyndham Hotels

    Wyndham Rewards

    5:2

  • ITC

    ITC

    5:2

  • IHG Hotels & Resorts

    IHG One Rewards

    5:2

VerifiedRewards Program T&C – Magnus Credit Card Accelerated 35 EDGE Reward Points Benefit4 Aug 2026, 10:00 AM ISTAxis Bank

Transfer rule

  • Max 1 lakh EDGE Reward Points transferable cumulatively to Group A partners and max 4 lakh cumulatively to Group B partners in a calendar year (effective 20 Apr 2024).
  • Only 1 partner loyalty ID can be linked per partner.
  • Must wait 60 days before updating a partner loyalty ID.

VerifiedTerms & Conditions – Axis Bank Magnus Credit Card (April 2024 revision, axis.bank.in host)4 Aug 2026, 10:00 AM ISTAxis Bank

Common questions

What is the annual fee on the Axis Bank Magnus Credit Card?

Officially traced: Rs. 12,500 (plus GST), 2nd year onwards.

Terms & Conditions – Axis Bank Magnus for Burgundy Credit Card

What is the joining fee on the Axis Bank Magnus Credit Card?

Officially traced: Rs. 12,500 (plus GST).

Terms & Conditions – Axis Bank Magnus for Burgundy Credit Card

Is the Axis Bank Magnus Credit Card annual fee ever waived?

Annual fee of Rs. 12,500 waived on eligible spends of Rs. 25,00,000 in the preceding card anniversary year.

Terms & Conditions – Axis Bank Magnus for Burgundy Credit Card

How does the Axis Bank Magnus Credit Card earn rewards?

12 EDGE Reward Points per Rs. 200 on spends up to Rs. 1.5 lakhs in a calendar month; 35 EDGE Reward Points per Rs. 200 on spends above Rs. 1.5 lakhs, up to spends equivalent to credit limit + additional Rs. 1.5 lakhs per calendar month.

Terms & Conditions – Axis Bank Magnus Credit Card (effective 20 June 2025, latest revision)

What lounge access does the Axis Bank Magnus Credit Card include?

Unlimited complimentary domestic airport lounge visits for primary and add-on cardholders (from 1 May 2024, requires minimum spends of Rs. 50,000 in previous 3 calendar months).

Terms & Conditions – Axis Bank Magnus Credit Card (April 2024 revision, axis.bank.in host)

What welcome benefit does the Axis Bank Magnus Credit Card offer?

Welcome benefit voucher worth Rs. 12,500 (choice of Luxe gift card, The Postcard Hotels gift voucher, or Yatra gift voucher), for customers onboarded from 1 September 2023.

Axis Bank Magnus Credit Card product page

What are the transfer ratios for Axis Bank Magnus Credit Card points?

Transfer ratios are not shown here as a confident value. Confirm the current ratio in your issuer account before transferring.

Other verified details

Not published in the official documents on file — see the official T&C link below.

Official documents & verification

Official issuer pageTerms & Conditions – Axis Bank Magnus for Burgundy Credit CardTerms & Conditions – Axis Bank Magnus Credit Card (effective 20 June 2025, latest revision)harvested from product pageTerms & Conditions – Axis Bank Magnus Credit Card (April 2024 revision, axis.bank.in host)Rewards Program T&C – Magnus Credit Card Accelerated 35 EDGE Reward Points Benefit

Verified 2026-08-04 · facts from the official issuer page. Issuers may change fees, earn rates, lounge counts and waivers without notice — always confirm before applying.

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