Axis Magnus
Issuer: Axis Bank
Network: Visa | Tier: Super Premium
The Axis Bank Magnus Credit Card is a super premium offering with one of the best travel reward programs in India. With 1:1 transfer to airline and hotel partners, generous lounge access, and meet & greet services, it's built for the discerning frequent traveler.
Fees & Charges
| Annual Fee | ₹12,500 + GST |
|---|---|
| Joining Fee | ₹12,500 + GST |
| Interest Rate | 3.40% per month |
| Foreign Markup | 2% + GST |
| Fuel Surcharge Waiver | 1% waiver |
Rewards & Benefits
| Reward Rate | 12 EDGE Points per ₹200 |
|---|---|
| Welcome Bonus | 25,000 EDGE Points |
| Lounge Access | 8 domestic + 8 international per quarter |
| Best For | Frequent international travelers |
Key Highlights
- 12 EDGE points per ₹200 on travel & dining
- 1:1 transfer to Marriott
- Singapore Airlines & more
- 8 complimentary lounge visits per quarter
- Meet & Greet services at airports
- Comprehensive travel insurance up to $500K
Eligibility Criteria
- Minimum income ₹18 lakh per annum
- CIBIL score 750+
- Age 21-60 years
Minimum Income Required: ₹18,00,000+ per annum
Pros
- 1:1 transfer to premium partners
- Generous lounge access
- Meet & Greet service
- Low foreign markup (2%)
- Great travel insurance
Cons
- High annual fee
- Complex reward structure
- High income requirement
- Partner network smaller than HDFC
Expert Rating: 4.7/5