Axis Bank Magnus Credit Card

Axis Bank Magnus Credit Card

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Axis Bank Reserve Credit Card

Axis Bank Reserve Credit Card

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Joining Fee

Rs. 12,500 + GST

Joining Fee

Rs. 50,000 + GST
Rewards and Benefits

Welcome Benefits

Choose a gift voucher worth Rs. 12,500 from any one of Luxe, Yatra, or Postcard Hotels

Welcome Benefits

50,000 Edge Reward Points on card activation and every year the card membership is renewed

Rewards Rate

12 Axis EDGE REWARDS Points for every Rs. 200 spent with the card, 5X EDGE REWARDS on travel spends via TRAVEL EDGE.

Rewards Rate

15 Edge Reward Points per Rs. 200 spent with the card, 2X Edge Reward Points on all international spends

Movie & Dining

Buy one and get up to Rs. 500 off on the next movie/non-movie ticket on BookMyShow (max 5 times a month), 20% discount at 4,000+ restaurants across India under the Axis Bank Dining Delights program.

Movie & Dining

Complimentary Eazydiner Prime membership offering 25% off at various restaurants, 20% off at participating restaurants with the Dining Delights program, Buy One Get One offer on BookMyShow where you get a maximum of Rs. 500 off on the second ticket, 5 times a month.

Reward Redemption

Axis EDGE REWARDS Points can be redeemed on the EDGE REWARDS portal at a value of 1 Edge Reward = Re. 0.20 or Transfer to Partner Airlines/Hotels Rewards Program.

Reward Redemption

Axis Bank Edge Reward Points can be redeemed for instant vouchers and exclusive products on the bank's Edge Rewards redemption portalEdge Reward Points can also be redeemed for Edge Miles to international and domestic airlines program at the ratio of 5:2 for Air Vistara, Etihad Airways, Qatar Airways, Marriot International, etc.

Travel

Complimentary international as well as domestic airport lounge access, airport concierge services and discounted stays at Oberoi Hotels.

Travel

Global travel and medical assistance on international trips

Golf

NA

Golf

50 complimentary rounds of golf every year at country's premium golf courses

Domestic Lounge

Unlimited Free Domestic Airport Lounge Access

Domestic Lounge

Unlimited domestic airport lounge access for both primary and add-on card holders

International Lounge

Unlimited complimentary international airport lounge access for primary cardholders and 8 complimentary visits for the guests every year with Priority Pass

International Lounge

Unlimited international airport lounge access every year with Priority Pass membership.

Insurance Benefits

Credit shield protection worth Rs. 5 lakh (in case the card is lost) and a purchase protection worth Rs. 2 lakh.

Insurance Benefits

Comprehensive insurance cover including purchase protection up to Rs. 2 Lakhs, 500 USD cover for loss/delay in baggage, and a Rs. 5 Lakhs credit shield

Zero Liability Protection

Credit shield cover worth Rs. 5 lakh, liability protection up to the card's credit limit.

Zero Liability Protection

Cardholder not liable for any fraudulent transactions on the card post reporting the loss of card to the bank
Fees & Charges

Renewal Fee

Rs. 12,500 + GST

Renewal Fee

Rs. 50,000 + GST

Spend Based Waiver

Annual fee waived off on an expenditure of Rs. 25 lakhs in the preceding year.

Spend Based Waiver

Renewal fee waived off on a minimum expenditure of Rs. 35 lacs in the preceding 12 months

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

2% of the transaction plus GST

Foreign Currency Markup

1.5% of the transaction amount

Interest Rates

3.0% per month (42.58% annually)

Interest Rates

3% per month (or 42.58% annually)

Fuel Surcharge

1% fuel surcharge waived off at all fuel stations across India

Fuel Surcharge

1% fuel surcharge waived off at all filling stations across India for transactions between Rs. 400 and Rs. 4,000 (max waiver capped at Rs. 400 per month)

Cash Advance Charges

Nil

Cash Advance Charges

Nil

Add-on Card Fee

Nil

Add-on Card Fee

Nil

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