About Axis Magnus Credit Card
Axis Magnus has quickly become one of the most popular premium travel credit cards in India, mainly due to its high reward rate and milestone-based benefits. This Axis Bank Credit Card from Axis Bank offers 12 reward points per Rs. 200 spent, and high spenders can earn up to 35 points per Rs. 200 by crossing Rs. 1.5 lakh monthly spends. However, some major categories like utilities, fuel, and jewellery are excluded from rewards and milestone calculations, which can limit overall earnings.
The card also allows conversion of reward points into airline and hotel loyalty programs at a 5:2 ratio, with a wide range of partners. Still, compared to cards like HDFC Infinia Credit Card and HDFC Diners Club Black Credit Card, the redemption value is slightly lower. Additionally, transfer limits for Group A and Group B partners may restrict maximum benefits. Overall, this Axis Bank Credit Card is suitable for high spenders who travel often, but those looking for more premium features like concierge or lifestyle perks may explore better options.
Also Read: Best Credit Cards in India 2026
Axis Magnus Credit Card Rewards Program
Reward Earning
- Earn 12 EDGE reward points per Rs. 200 on monthly spends up to Rs. 1.5 lakh
- Earn 35 EDGE reward points per Rs. 200 on spends above Rs. 1.5 lakh
- Earn 60 EDGE reward points per Rs. 200 on travel bookings via Travel EDGE (up to Rs. 2 lakh)
- Earn 35 EDGE reward points per Rs. 200 on Travel EDGE spends beyond Rs. 2 lakh
Reward Redemption
- Redeem points via EDGE Rewards catalog or use ‘Pay with Points’ at partner stores
- Get a value of 1 EDGE reward point = Rs. 0.20 (may vary across brands)
- Transfer points to airline and hotel loyalty programs at a 5:2 ratio
- Annual redemption limit of 5,00,000 points for airline and hotel partners
- Transfer up to 1,00,000 points to Group A partners and 4,00,000 points to Group B partners in a year
Partner Programs Include
- Group A: Accor, Etihad, Singapore Airlines, Marriott Bonvoy, Qatar Airways and more
- Group B: Air India, Air France-KLM, IHG Hotels, Qantas, Vistara and more
Update for Burgundy Customers
- Burgundy clients of Axis Bank get a better 5:4 conversion ratio
- Higher redemption limits of up to 10 lakh points (2 lakh for Group A and 8 lakh for Group B)
Also Read: Best Axis Credit Cards
Other Features and Benefits
Lounge & Travel Benefits
- Unlimited international lounge access with Priority Pass, including 4 guest visits per year
- Unlimited domestic lounge visits for primary and add-on cardholders on spending Rs. 50,000 in the last 3 months
- Low forex mark-up fee of 2% on international transactions
Hotel Benefits
- Enjoy exclusive offers at Oberoi & Trident hotels
- 15% discount on best available rates
- Complimentary 3rd night stay on booking 2 nights, along with room upgrade
Welcome Benefit
- Get a Luxe gift card or The Postcard Hotels voucher worth Rs. 12,500 on paying the joining fee
Dining Benefits
- Up to 30% discount at 4,000+ restaurants across India under the Dining Delights Program
Insurance Cover
- Purchase protection up to Rs. 2 lakh
- Credit shield cover up to Rs. 5 lakh
- Lost/delayed baggage and document cover up to USD 500
Fuel Benefit
- 1% fuel surcharge waiver on transactions between Rs. 400 and Rs. 4,000 (up to Rs. 400 per month)
Annual Fee Waiver
- Annual fee waived on spending Rs. 25 lakh in a year
Suggested Read: International Lounge Access Credit Cards | Axis Bank Credit Card Lounge Access
Fees and Charges
| Fee Type | Amount |
|---|
| Joining Fee | Rs. 12,500 |
| Annual Fee | Rs. 12,500 |
| Finance Charges | 3.0% p.m. (42.58% p.a.) |
| Late Payment Charges | | For Statement Balance: | | | Up to Rs. 500 | Nil | | From Rs. 501 to Rs. 5,000 | Rs. 500 | | From Rs. 5,001 to Rs. 10,000 | Rs. 750 | | Greater than Rs. 10,000 | Rs. 1,200 |
|
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Document Required For Axis Magnus Credit Card
- Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
- Proof of Address: Aadhaar Card, Driver’s License, Passport
- Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Eligibility Criteria
- Age: 21 to 70 years
- Occupation: Salaried or Self-employed
- Credit Score: Should have a good credit history
Axis Magnus Credit Card Highlights
What do we like about this card?
- Earn up to 60 EDGE reward points per Rs. 200 on travel spends and accelerated rewards on higher monthly spends
- Transfer reward points to airline and hotel partners for better value
- Unlimited international lounge access with Priority Pass and 4 guest visits every year
- Complimentary domestic lounge access on meeting spend criteria
- Low forex mark-up fee of 2% on international transactions
- Exclusive hotel benefits including discounts and complimentary stays at Oberoi & Trident hotels
- Welcome benefit of Rs. 12,500 voucher after joining fee payment
- Up to 30% discount on dining across 4,000+ restaurants in India
- Comprehensive insurance cover including purchase protection and travel benefits
- 1% fuel surcharge waiver on eligible fuel transactions
- Annual fee waiver on spending Rs. 25 lakh in a year
Things to Know Before you apply
Get this card if:
- You are a frequent traveller and want lounge access along with other travel benefits
- You are a high spender and can earn substantial reward points every month
- You can spend Rs. 25 lakh annually to qualify for the annual fee waiver
- You are comfortable redeeming rewards mainly with Group B travel partners
Pros
- Up to 5X reward points on travel spends
- Ability to transfer EDGE reward points to multiple airline and hotel partners
- Unlimited complimentary domestic and international lounge access
- Low forex mark-up fee for savings on international transactions
Cons
- High annual spending requirement for fee waiver
- Capping on reward points redemption for airmiles and hotel programs
- No airport concierge services
- Limited welcome benefits restricted to select brands
Axis Bank Credit Card Contact Details
- Contact Address: Axis Bank Limited, Corporate Office, Axis House, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai – 400 025, Maharashtra, India.
Helpline Numbers: 1860-419-5555, 1860-500-5555 (available from all major cities in India)
Simply SMS Service: Send BAL <space> last 4 digits of your credit card to 56161600 or 8691000002 to get your credit card balance via SMS.
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