Axis Bank Magnus Credit Card
Axis Bank · Premium
Annual / renewal fee
₹12,500 + GST.
Official source not yet captured
Earn rate
Confirm on the official page
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COFFER may earn a fee when you apply through this link. Facts are never affected. Learn more.
You'll land on the issuer's official application portal at linksredirect.com — if a different card is shown first, use its card selector to pick this one.
COFFER may earn a fee when you apply through this link. Facts are never affected. Learn more.
You'll land on the issuer's official application portal at linksredirect.com — if a different card is shown first, use its card selector to pick this one.
Overview
Axis's super-premium lifestyle card. After the 2024 devaluations it rewards one profile clearly: people who put ₹1.5 lakh+ per month on the card and transfer EDGE points to airline partners at 5:2 (5:4 for Burgundy).
Best for
- Spenders consistently crossing ₹1.5 lakh/month who clear the 35-points tier.
- Frequent flyers who value unlimited domestic and international lounge access.
- Points-transfer users targeting partners like KrisFlyer and Etihad Guest.
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Not ideal for
Anyone spending under ₹1.5 lakh/month, routing rent or utilities, or below the ~₹24 lakh annual income eligibility bar — the fee rarely pays back at lower volumes.
Official source not yet captured
Fees
Joining fee
₹12,500 + GST.
Official source not yet captured
Annual / renewal fee
₹12,500 + GST.
Official source not yet captured
Fee waiver
Waived on spends of ₹25 lakh in the preceding year.
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Rewards
Spends up to ₹1.5 lakh/month
12 EDGE Reward Points per ₹200
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Spends above ₹1.5 lakh/month
35 EDGE Reward Points per ₹200
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Travel EDGE portal bookings
60 EDGE Reward Points per ₹200 (up to ₹2 lakh/month)
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Excluded categories
No points on utilities, rent above caps, government payments, wallets, insurance, gold/jewellery, and fuel
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Plain math
At ₹2 lakh per month of eligible spend: roughly 9,000 points on the first ₹1.5L plus 8,750 on the next ₹50k ≈ 17,750 EDGE points per month — about 7,100 partner miles at the standard 5:2 transfer ratio.
Travel & lounge
Lounge access
Unlimited domestic lounge visits plus unlimited international lounge visits via Priority Pass, with 4 complimentary guest visits per year.
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Dining, golf, concierge, insurance, milestones & welcome
Welcome benefit
Choice of Luxe, The Postcard Hotels, or Yatra voucher worth ₹12,500 on first transaction within 30 days — confirm the current offer on the official page before applying.
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Eligibility
Not published in the official documents on file — see the official T&C link below.
Charges & interest
Forex markup
2%.
Official source not yet captured
Transfers
Not published in the official documents on file — see the official T&C link below.
Common questions
Not published in the official documents on file — see the official T&C link below.
Other verified details
Not published in the official documents on file — see the official T&C link below.
Official documents & verification
Last reviewed 2026-06-12 · facts from the official issuer page. Issuers may change fees, earn rates, lounge counts and waivers without notice — always confirm before applying.