← Part of Axis Credit Cards in India
The Axis Bank Magnus Credit Card is a super-premium offering, requiring an annual income of ₹24 lakh for eligibility. As of 2026, its joining and annual fees stand at ₹12,500 + taxes, though the annual fee can be waived based on spending milestones. This card targets high-spenders with a reward rate of 12 EDGE REWARD Points per ₹200 spent, increasing to 35 points on monthly spends above ₹1.5 lakh.
| Parameter | Details |
|---|---|
| Card Name | Axis Bank Magnus Credit Card |
| Card Type | Super-premium travel & lifestyle credit card |
| Joining Fee (2026) | ₹12,500 + taxes |
| Annual Fee (2026) | ₹12,500 + taxes (waivable on annual spend milestone) |
| Welcome Benefit | Gift voucher worth ₹12,500 from Luxe, Yatra, or Postcard Hotels |
| Base Reward Rate | 12 EDGE REWARD Points per ₹200 spent |
| Accelerated Reward Rate | 35 EDGE REWARD Points per ₹200 on spends above ₹1.5 lakh/month (capped) |
| Miles Transfer Ratio | 5:2 (5 EDGE Reward Points to 2 partner miles/points, effective Sep 2023) |
| Minimum Annual Income | ₹24 lakh |
| Minimum Credit Score | 750+ (recommended) |
| Age Eligibility | 18 to 70 years (primary cardholder) |
| Citizenship Requirement | Resident of India |
| Credit Limit Eligibility | Existing credit card limit of ₹3 lakh or more (any bank) |
| Card Material | Metal card (quality similar to HDFC Infinia metal card) |
| Approval Rate (2026) | 80% (Source: creditplanner.in) |
| Processing Time | 3-5 days |
| Domestic Lounge Access | Unlimited complimentary visits to select lounges (subject to spend conditions) |
| International Lounge Access | Unlimited complimentary visits + 8 guest visits annually via Priority Pass |
| Dining Discounts | Up to 15% discount at 4,000+ restaurants across India |
| Credit Shield Cover | ₹5 lakh (against card misuse) |
| Purchase Protection | ₹2 lakh |
| Foreign Currency Markup | 3.50% (for international transactions) |
| Customer Care | Available 24/7, including public holidays |
The card’s terms and conditions were last updated on April 20, 2024, impacting benefits like reward point conversion and lounge access conditions. Applicants should verify all current details directly with Axis Bank before applying.
Magnus Credit Card: Types & Core Features
The Axis Bank Magnus Credit Card, including its Burgundy variant, offers distinct features for high-net-worth individuals in India. As of 2026, the standard Magnus card provides a 6% base reward rate and unlimited lounge access, while the Burgundy version offers an d miles conversion ratio of 5:4.
| Type/Category | Details | Key Feature |
|---|---|---|
| Axis Bank Magnus Credit Card | Premium card for high-income individuals and frequent travelers, offering luxury lifestyle benefits. | High reward rate (12 EDGE REWARD Points per ₹200), excellent redemption ratio, unlimited international and domestic lounge access. |
| Axis Bank Magnus Credit Card | Annual fee of ₹12,500 (waivable on spend of ₹25 Lakhs in a card anniversary year). | Welcome bonus of gift vouchers worth ₹12,500 from Luxe, Yatra, or Postcard Hotels. |
| Axis Bank Magnus Credit Card | Reward earning rate of 12 EDGE REWARD Points for every ₹200 spent, 5X EDGE REWARDS on travel spends via TRAVEL EDGE. | Base reward rate of 6% (one of the highest among premium credit cards). |
| Axis Bank Magnus Credit Card | Unlimited complimentary international lounge visits and 8 additional guest visits per year with Priority Pass card. | Unlimited visits to select airport lounges in India. |
| Axis Bank Magnus Credit Card | 15% discount up to ₹1,000 via Eazydiner at 4,000+ restaurants across India under the Axis Bank Dining Delights program. | Up to 40% discount at over 4000 restaurants across India. |
| Axis Bank Magnus Credit Card | Credit Shield cover worth ₹5 lakh and purchase protection worth ₹2 lakh. | Lowered interest rate of 3% if credit is extended, 2% reduced markup fee on foreign currency transactions, no cash withdrawal fees. |
| Axis Bank Magnus Credit Card for Burgundy | Exclusively for Axis Bank’s Burgundy clients, annual fee of ₹30,000 + taxes (waived off on spend of ₹30 Lakhs in preceding year). | Upgraded variant of Axis Magnus with higher value back and miles conversion ratio. |
| Axis Bank Magnus Credit Card for Burgundy | Miles conversion ratio of 5:4 (compared to 5:2 for regular Magnus). | Annual capping on miles conversion is 10 Lakh reward points per year (compared to 5 Lakh for regular Magnus). |
| Axis Bank Magnus Credit Card for Burgundy | Customers can transfer up to 10 Lakh eDGE Reward points to 20 travel partners in a calendar year. | Welcome voucher worth ₹5,000 from Luxe gift card, PostCard Hotels gift voucher or Yatra gift voucher. |
| Axis Bank Magnus RuPay Credit Card | Offers 35 EDGE Reward Points per ₹200 on spends above ₹1.5 lakhs per calendar month. | 35 EDGE Reward Points are capped on UPI spends up to ₹50,000 per calendar month. |
| Axis Bank Reserve Credit Card | Another premium offering from Axis Bank with unlimited international lounge access. | Designed for ultra-high-net-worth individuals with extensive travel and lifestyle needs. |
| Axis Bank Select Credit Card | Mid-tier premium card with benefits across dining, shopping, and travel. | Requires a minimum annual income of ₹6 lakh for eligibility. |
| Axis Bank Atlas Credit Card | Travel-focused credit card for frequent flyers. | Requires ₹12 lakh annual income for salaried and ₹15 lakh for self-employed applicants. |
| Axis Bank HORIZON Credit Card | Replaces the Citi PremierMiles credit card, offering travel benefits. | Joining and annual fee of ₹3,000 plus GST, with 5,000 EDGE Miles welcome benefit. |
| Axis Bank Titanium Smart Traveller Credit Card | Designed for travelers with specific reward structures. | Earns 8 points for every ₹200 on international travel and 4 points for domestic travel. |
| Axis Bank Titanium Credit Card | Entry-level card with basic benefits. | Offers a 1% fuel surcharge waiver on transactions between ₹400 and ₹5,000. |
| Axis Bank FreeCharge Credit Card | Virtual credit card offering eDGE Rewards. | Earns 1 eDGE Rewards Point on eligible transactions. |
| Add-on Credit Cards | Available for family members aged 18 years and above. | Share benefits of the primary card, subject to overall credit limit. |
The Magnus Credit Card and its Burgundy variant cater to different segments of premium cardholders, with the Burgundy version offering d benefits for Axis Bank’s exclusive clients.
Magnus Credit Card: Fees, Eligibility & Limits
The Axis Bank Magnus Credit Card carries a joining fee of ₹12,500 plus GST, with an identical annual fee that can be waived on annual spends of ₹25 lakh. Eligibility requires a minimum age of 21 years and an annual income of ₹24 lakh, along with a CIBIL score of 750 or higher.
| Metric | Value | Source |
|---|---|---|
| Joining Fee | ₹12,500 + GST | Axis Bank Official Website |
| Annual Fee (Magnus Credit Card) | ₹12,500 + Taxes | Axis Bank Official Website |
| Annual Fee Waiver (Magnus Credit Card) | On spend of ₹25 Lakhs in preceding year | Axis Bank Official Website |
| Annual Fee (Magnus Credit Card for Burgundy) | ₹30,000 + GST | Axis Bank Official Website |
| Annual Fee Waiver (Magnus Credit Card for Burgundy) | On spend of ₹30 Lakhs in preceding year | Axis Bank Official Website |
| Minimum Age (Primary Cardholder) | 21 years | Axis Bank Magnus Credit Card Review 2026 |
| Maximum Age (Primary Cardholder) | 70 years | Axis Bank Magnus Credit Card Review 2026 |
| Minimum Age (Add-on Cardholder) | 18 years | Axis Bank Magnus Credit Card Review 2026 |
| Annual Income Eligibility | ₹24 Lakh (salaried or self-employed) | Axis Bank Magnus Credit Card Review 2026 |
| Credit Limit Eligibility | ₹3 Lakhs or more (on an Axis Bank or any other bank credit card) | Axis Bank Magnus Credit Card Review 2026 |
| Credit Score Recommendation | 750+ | Axis Bank Official Website |
| Foreign Currency Markup Fee | 2% | Axis Bank Magnus Credit Card Review 2026 |
| Cash Withdrawal Fee | Zero | Axis Bank Magnus Credit Card Review 2026 |
| Interest Rate (if credit extended) | 3% per month | Axis Bank Magnus Credit Card Review 2026 |
| Credit Shield Cover | ₹5 Lakh | Axis Bank Magnus Credit Card Review 2026 |
| Purchase Protection | ₹2 Lakh | Axis Bank Magnus Credit Card Review 2026 |
| Credit Limit Range | ₹25,000 to ₹5 Lakhs | Axis Bank Official Website |
| Priority Pass Domestic Use Fee | ₹27 + taxes | Axis Bank Magnus Credit Card Review 2026 |
The card’s high annual income requirement positions IT for high-net-worth individuals, with a recommended CIBIL score of 750+ to ensure approval.
How to Apply for Axis Magnus Credit Card
Applying for the Axis Magnus Credit Card involves a straightforward online process, with approval typically taking 3-5 days. Applicants need to meet specific age, income, and credit score criteria to be considered for this premium card.
- Check Eligibility: Ensure you are a resident of India, aged 18-70 years, with an annual income of at least ₹18 lakh or an equivalent Annual Income Tax Return filed. A CIBIL score of 750+ is generally required.
- Gather Documents: Prepare necessary documents such as your Permanent Account Number (PAN) card, Aadhar card, and income proof (latest salary slip, Form 16, or ITR). Other accepted IDs include a driving license, voter’s ID, or passport.
- Online Application: Visit the official Axis Bank website or a trusted financial portal to initiate the application. Fill out the online form with accurate personal, financial, and employment details.
- Submit Application: Upload the required documents digitally. The application process is designed for quick submission, typically taking a few minutes to complete.
- Bank Verification: Axis Bank will review your application, verifying your submitted documents and credit history. The bank’s discretion solely determines approval.
- Approval and Issuance: If approved, the processing time for the Axis Magnus Credit Card is usually 3-5 working days (Source: creditplanner.in, 2026). The card will then be dispatched to your registered address.
- Card Activation: Activate your card by making your first spend transaction within 30 days of issuance. An SMS will be sent within 3 working days to your registered mobile number upon activation.
- Access Benefits Portal: After activation, log in to the Axis Bank Magnus portal (axismagnusbenefits.thriwe.com) using your registered mobile number to access and redeem your welcome bonus and other benefits.
The bank’s selection process considers age, income, credit score, employment type, residential status, and existing EMIs for final approval.
Axis Magnus Credit Card: Benefits & Rewards
The Axis Bank Magnus Credit Card offers a welcome bonus of a complimentary flight ticket or a TATA Cliq voucher worth ₹10,000. Cardholders also receive unlimited domestic lounge access at select Indian airports, subject to recent policy updates. The card provides a base reward rate of 12 EDGE REWARD Points for every ₹200 spent.
As of May 2024, some benefits like BOGO movie offers and concierge services have been removed, but the card still provides strong value for high spenders.
- Welcome Benefit: New cardholders receive a complimentary flight ticket or a TATA Cliq voucher worth ₹10,000. For Magnus Credit Card for Burgundy holders, the welcome bonus is a ₹5,000 voucher from Luxe, PostCard Hotels, or Yatra.
- Reward Points: Earn 12 EDGE REWARD Points for every ₹200 spent on the card. Spends above ₹1.5 lakh per month can earn 35 EDGE REWARD Points per ₹200, up to eligible credit limit + ₹1.5 lakh.
- Travel Benefits: Enjoy unlimited complimentary domestic lounge access at select Indian airports. The card also offers unlimited international lounge visits and 8 additional guest visits per year with the Priority Pass card.
- Dining Discounts: Cardholders receive up to a 15% discount (up to ₹1,000) at over 4,000 restaurants across India through the Axis Bank Dining Delights program.
- Travel Partner Transfers: Axis Bank allows transfer of EDGE REWARD points to over 20 airline and hotel partners. The conversion rate was adjusted from 5:4 to 5:2 in September 2023.
- Transfer Limits: Effective April 20, 2024, customers can transfer up to 1 lakh EDGE REWARD points to Group A partners and 4 lakh points to Group B partners annually. Burgundy cardholders have higher limits of 2 lakh points for Group A and 8 lakh for Group B.
- Insurance Coverage: The card includes a Credit Shield cover worth ₹5 lakh against misuse and purchase protection worth ₹2 lakh.
The Axis Magnus Credit Card remains a strong option for individuals with high travel and premium spending, offering substantial reward points and lounge access benefits.
Magnus vs HDFC Infinia: Premium Card Comparison
The Axis Bank Magnus Credit Card and HDFC Infinia are top-tier premium cards in India, each offering distinct benefits for high-spenders. While Magnus provides a high base reward rate of 12 points per ₹200, Infinia offers a 1:1 redemption ratio for travel bookings, which can be more straightforward for some users.
Comparing these cards helps assess which aligns better with individual spending patterns and reward preferences, especially regarding annual fees and waiver thresholds.
| Feature | Axis Magnus | HDFC Infinia | HDFC Diners Black |
|---|---|---|---|
| Annual Fee | ₹12,500 + GST | ₹12,500 + GST | ₹10,000/year |
| Annual Fee Waiver Threshold | ₹25 Lakhs | ₹10 Lakhs | ₹8 Lakhs |
| Welcome/Renewal Benefit | ₹12,500 worth gift vouchers (Luxe, Postcard Hotels, or Yatra) | 12,500 reward points (upon fee realization and activation), complimentary Club Marriott membership (first year) | Bonus reward points as milestone benefit |
| Base Reward Rate | 12 points per ₹200 (6%) up to ₹1.5 lakhs monthly, then 35 points per ₹200 | 5 points per ₹150 (3.33%) | Similar to Infinia |
| Reward Point Redemption Value (Travel) | 5:2 conversion ratio to miles (post-Sep 2023 devaluation) | 1:1 for travel bookings | Similar to Infinia |
| Lounge Access | Unlimited domestic lounge access at select airports, unlimited international lounge visits + 8 guest visits per year with Priority Pass | Unlimited lounge access | Similar to Infinia |
The Axis Magnus card offers a higher base reward rate for specific spending tiers, while HDFC Infinia and Diners Black provide more flexible travel redemption options. The annual fee waiver for Magnus requires a significantly higher spend compared to HDFC’s premium offerings.
Axis Magnus Credit Card: Common Misconceptions
The Axis Bank Magnus Credit Card, despite its premium status, often faces several misunderstandings regarding its benefits and charges. Many cardholders are unaware of recent policy changes that have impacted reward points and lounge access, effective from September 2023 and April 2024.
Understanding these common misconceptions helps in maximizing the card’s value for 2026:
- Reward Point Devaluation: The conversion rate for EDGE REWARD points on the Magnus card was reduced from 5:4 to 5:2 in September 2023. This means 5 points now convert to 2 partner miles/points, not 4.
- Lounge Access Changes: While the card offers unlimited domestic lounge access at select airports, this is now subject to spend conditions. Unlimited international lounge access and 8 guest visits via Priority Pass remain available.
- Joining Fee vs. Welcome Benefit: The ₹12,500 joining fee is offset by a welcome bonus of a complimentary flight ticket or a TATA Cliq voucher worth ₹10,000. For Burgundy cardholders, the welcome bonus is a ₹5,000 voucher.
- Metal Card Quality: The Magnus card is a metal card, with a quality comparable to the HDFC Infinia metal card, offering a premium feel.
- Domestic Priority Pass Usage: Using the Priority Pass for domestic lounge access in India incurs a charge of $27 plus taxes, as IT is primarily for international use.
Staying informed about these specific terms and conditions ensures cardholders can accurately assess the card’s value and avoid unexpected charges or missed benefits.
Next Steps for Magnus Credit Card Applicants
Applying for the Axis Bank Magnus Credit Card in 2026 requires meeting specific criteria and understanding the application process. The bank’s approval is at its sole discretion, based on factors like age, income, and credit score.
- Verify Eligibility: Ensure you meet the age requirement of 18-70 years and have a CIBIL score of 750+ for optimal approval chances.
- Gather Documents: Prepare your PAN card, Aadhar card, and income proof (latest salary slip or ITR) before starting the application.
- Check Income Threshold: Applicants generally need an annual income of ₹18 lakh or an equivalent Annual Income Tax Return filed for ₹18 lakh.
- Understand Important Dates: Note that terms and conditions for the Magnus Credit Card were last updated on April 20, 2024, impacting benefits and reward point transfers.
- Review Welcome Benefits: The card offers a welcome bonus of a complimentary flight ticket or TATA Cliq voucher worth ₹10,000, subject to activation within 30 days of issuance.
- Monitor Processing: The typical processing time for the Axis Magnus Credit Card is 3-5 days, with an approval rate of approximately 80% (Source: creditplanner.in, 2026).
Carefully reviewing these steps helps streamline your application for the Axis Bank Magnus Credit Card.
Key Takeaways
- The Axis Magnus Credit Card targets individuals with an annual income of at least ₹18 lakh and a CIBIL score above 750.
- The card’s joining and annual fee is ₹12,500, which can be offset by a welcome bonus worth ₹10,000.
- Recent policy updates (April 20, 2024) have adjusted reward point transfer limits, including a CAP of 1 lakh EDGE Reward points for Group A partners annually.
Check your eligibility and apply for the Axis Bank Magnus Credit Card directly on the official Axis Bank website.
Frequently Asked Questions (FAQs)
What is the annual fee for the Axis Bank Magnus Credit Card in 2026?
The Axis Bank Magnus Credit Card has an annual fee of ₹12,500 plus applicable taxes. This fee is waived if your annual spending on the card exceeds ₹25 lakh in the preceding year. For Burgundy Private customers, the annual fee is ₹30,000 plus taxes, with a waiver on ₹30 lakh annual spend.
What are the key travel benefits of the Axis Bank Magnus Credit Card?
The Axis Bank Magnus Credit Card offers unlimited complimentary domestic airport lounge access for the primary cardholder and guests, along with unlimited international lounge access via Priority Pass. Cardholders also receive 5X EDGE REWARDS on travel spends booked through the bank’s TRAVEL EDGE portal. As of September 2026, you can also get 15% savings on BEd and breakfast rates at The Leela Palace Hotels & Resorts.
What is the reward rate for the Axis Bank Magnus Credit Card?
The Axis Bank Magnus Credit Card earns 12 EDGE REWARDS Points for every ₹200 spent on most categories. For travel bookings made via TRAVEL EDGE, you earn 5X EDGE REWARDS, significantly boosting your points. The base reward rate is considered one of the highest among premium credit cards in India.
What are the eligibility criteria for the Axis Bank Magnus Credit Card in 2026?
To be eligible for the Axis Bank Magnus Credit Card, applicants must be Indian residents between 18 and 70 years old. A high annual income of ₹24 lakh is typically required. Your CIBIL score should ideally be 750 or higher to improve your approval chances.
Does the Axis Bank Magnus Credit Card offer movie or dining benefits?
The Axis Bank Magnus Credit Card provides a 15% discount, up to ₹1,000, at over 4,000 restaurants across India through the Axis Bank Dining Delights program. However, as of May 2024, benefits like Buy One Get One (BOGO) offers on movie bookings have been removed from the card.
Can I transfer reward points from Axis Bank Magnus to airline miles?
Yes, you can transfer EDGE REWARD points from your Axis Bank Magnus Credit Card to over 20 travel partners, including various airlines and hotels. Effective April 20, 2024, there are revised limits: up to 1 lakh points can be transferred to Group A partners and 4 lakh points to Group B partners annually. The conversion ratio is typically 5:2 for most partners.
What is the welcome benefit for new Axis Bank Magnus Credit Cardholders in 2026?
New Axis Bank Magnus Credit Cardholders can choose a gift voucher worth ₹12,500 from popular brands such as Luxe, Postcard Hotels, or Yatra. This welcome benefit is available upon card activation and payment of the annual fee. For Burgundy Private customers, the voucher value is ₹5,000.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI / IRDAI) before deciding.