Axis Bank Magnus Credit Card
The Axis Bank Magnus Credit Card is a super premium credit card from Axis Bank, with a joining fee of ₹12,500 + GST.
It earns up to 5× (≈5.4% value) on travel edge portal spends in the form of edge reward points (points).
Cardholders get unlimited annual domestic + unlimited annual international airport lounge access, plus choose one voucher worth ₹12,500: luxe gift card / the postcard hotels voucher / yatra gift voucher as a welcome benefit.
- Joining Fee₹12,500
- Annual Fee₹12,500
- Best Suited ForTravel
- Reward TypeEDGE Reward Points (points)
- 35 pts per ₹200 on monthly spend above threshold (cap 35000 points / monthly)
- 5× on travel edge portal (cap 200000 spend inr / monthly)
- Base 1.08% on other spends
- Choose one voucher worth ₹12,500: Luxe gift card / The Postcard Hotels voucher / Yatra gift voucher
Axisworldsuper premiumRewards and Benefits
- ₹1,50,000 / monthly: Eligibility for 25,000 EDGE Miles voucher (one-time per tenure)
- air accident: ₹2,50,00,000
See the math — accelerations & caps
What you'd realistically keep — caps applied, channel premiums cut when you don't route through them, realized redemption value.
No accelerated categories apply to the spend you entered — everything earns the base rate.
Base-rate spend
Non-accelerated spend, summarized at this card's base rate.
- Online shopping₹15,000 · 1.1% = ₹162/mo
- Groceries₹8,000 · 1.1% = ₹86/mo
- Dining & food delivery₹8,000 · 1.1% = ₹86/mo
- Fuel₹4,000 · 0.0% = ₹0/mo
- Travel & hotels₹10,000 · 1.1% = ₹108/mo
Travel & hotels — earns base; accelerated rate needs booking via edge-travel
- Utilities & bills₹5,000 · 0.0% = ₹0/mo
₹5,314 rewards − ₹12,500 annual fee. Estimate for the spend you entered.
Fees & Charges
Product Details
- super premium card issued by Axis Bank.
- Joining / annual fee of ₹12,500 + GST, waived on annual spends of ₹25,00,000.
- Available on the Mastercard network.
- Complimentary airport lounge access: domestic (unlimited/annual) + international (unlimited/annual).
- Insurance cover bundled: air accident.
Pros & Cons
- Annual fee waivable on ₹25,00,000 spend.
- Low forex markup of 2.00% — suited to international spends.
- Complimentary international airport lounge access.
- Milestone-based bonus rewards on annual / quarterly spend thresholds.
- Accelerated earn worth ≈5.4% on travel edge portal.
- High annual fee of ₹12,500.
- No rewards on fuel spends.
₹12,500 welcome benefit
- Choose one voucher worth ₹12,500: Luxe gift card / The Postcard Hotels voucher / Yatra gift voucherJoining fee paidWindow: 90 days from issuance.
Accelerated rewards
- 35 pts per ₹200 on monthly spend above threshold (cap 35000 points / monthly)35 EDGE Reward points per ₹200 on incremental spends above ₹1.5L in a calendar month; the 35-point rate applies on spends up to (assigned credit limit + ₹1.5L) per calendar month.
- 5× on travel edge portal (cap 200000 spend inr / monthly)5X (60 EDGE Reward Points per ₹200) on Travel EDGE portal spends, capped at ₹2,00,000 per calendar month; base rate thereafter.
- Transfer to airline partners capped at 5,00,000 EDGE points per year.
Exclusions
The following spend categories earn no rewards on this card:
- fuel
- wallet loads
- rent
- government
- insurance premiums
- utilities
- education
- jewellery
Milestone benefits
- ₹1,50,000 / monthly: Eligibility for 25,000 EDGE Miles voucher (one-time per tenure) (≈ ₹25,000 value)
Airport lounge access
Insurance benefits
- air accident: ₹2,50,00,000
Fuel surcharge waiver
1.0% waiver on fuel transactions between ₹400 and ₹4,000, capped at ₹400 per monthly.
Sources
- : www.axis.bank.in · retrieved 3 Jul 2026
Last verified 5 Jul 2026. Verify with the issuer before applying.
Eligibility
- Age
- 18–70
- Credit score
- 750+
- Income (salaried)
- ₹24,00,000 p.a.
- Income (self-employed)
- ₹24,00,000 p.a.
History
Past revisions as recorded in the dataset. Most recent first.
- 31 Aug 2023Reward structure changed — prior rate 12 per ₹200 (points) until 31 Aug 2023