Magnus Credit Card Review 2026 — Fees, Rewards & Eligibility
Issuer: Axis Bank
Network: Visa | Tier: Premium
Luxury rewards
Why Choose the Magnus Credit Card?
The Magnus Credit Card is a Premium-tier Visa credit card issued by Axis Bank, rated 4.7/5 by the Credit Card Hunt editorial team. It is best suited for High spenders. With a reward rate of 10 RP per 200 and an annual fee of ₹12,500, it ranks among the popular Super Premium cards in India in 2026.
New cardholders are welcomed with Welcome RP, which adds immediate value in the first year.
Magnus Credit Card Fees & Charges
| Annual Fee | ₹12,500 |
|---|---|
| Joining Fee | ₹12,500 |
| Interest Rate | 3.6% per month |
| Foreign Markup | 3.5% |
| Fuel Surcharge Waiver | 1% waiver |
Magnus Credit Card Rewards & Benefits
| Reward Rate | 10 RP per 200 |
|---|---|
| Welcome Bonus | Welcome RP |
| Lounge Access | Unlimited lounge |
| Best For | High spenders |
Key Highlights of the Magnus Credit Card
- Luxury rewards
- 10 RP per 200
- Unlimited lounge
- Milestones
Magnus Credit Card Eligibility Criteria
- Age: 21-65 years
- CIBIL score: 800+
- Minimum income: ₹18,00,000/year
Minimum Income Required: ₹18,00,000/year
Advantages of the Magnus Credit Card
- Luxury perks
Drawbacks of the Magnus Credit Card
- Very high fee
Magnus Credit Card — Frequently Asked Questions
What is the annual fee of the Magnus Credit Card?
The Magnus Credit Card has an annual fee of ₹12,500 and a joining fee of ₹12,500. New cardholders receive Welcome RP as a welcome benefit, which helps offset the joining cost.
Does the Magnus Credit Card offer airport lounge access?
Yes — the Magnus Credit Card offers Unlimited lounge.
Who is eligible for the Magnus Credit Card?
The minimum income requirement is ₹18,00,000/year. Banks typically also look for a CIBIL score of 700 or above and a clean repayment history.
What is the reward rate of the Magnus Credit Card?
The Magnus Credit Card earns 10 RP per 200. It is best suited for High spenders.
Credit Cards Similar to the Magnus Credit Card
If you are considering the Magnus Credit Card, these super premium credit cards are worth comparing before you apply:
- Infinia Metal Edition Credit Card by HDFC Bank — rated 4.9/5, ₹12,500 annual fee
- Reserve Credit Card by Axis Bank — rated 4.9/5, ₹50,000 annual fee
- Emeralde Private Metal Credit Card by ICICI Bank — rated 4.8/5, ₹12,499 annual fee
- Platinum Card by American Express — rated 4.8/5, ₹60,000 annual fee
Expert Rating: 4.7/5