Axis Bank Magnus Credit Card
AXIS · MASTERCARD★4.8/ 5
✓ Details last verified 1 Jan 2025
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The Axis Magnus is Axis Bank's premium flagship — prized for its EDGE Miles that transfer to 25+ airlines and hotel partners at industry-leading rates. 12 EDGE Miles per ₹200 on travel spends and complimentary Priority Pass make it a top pick for frequent flyers in 2025-26.
At a glance
Rewards by category
What you earn on every rupee, per spend category.
| Category | Type | Rate | Monthly cap |
|---|---|---|---|
| Travel | reward points | 11.55% | — |
| Other | reward points | 3.96% | — |
Travel: 35X EDGE Miles on travel aggregators · MakeMyTrip,Goibibo,IRCTC,Yatra
Other: 12X EDGE Miles on all spends
Fees & charges
The numbers that matter beyond rewards — verify on the issuer site before applying.
LATE PAYMENT FEE
| Outstanding balance | Late fee |
|---|---|
| Up to ₹500 | Nil |
| ₹501 – ₹5,000 | ₹500 |
| ₹5,001 – ₹10,000 | ₹750 |
| ₹10,001 – ₹25,000 | ₹900 |
| ₹25,001 – ₹50,000 | ₹1,100 |
| Above ₹50,001 | ₹1,300 |
Perks & benefits
Estimated annual value beyond rewards.
Unlimited domestic + 8 international lounge visits via Priority Pass
Complimentary hotel loyalty membership
25,000 bonus EDGE Miles on ₹15L annual spend
Who is this card for?
- 💳Premium tier — a solid all-rounder for steady monthly spend.
- 🎯Strongest value if you spend heavily on Travel (11.55% back).
- ✈️Frequent travellers benefit from the included airport lounge access.
👍 Pros
- ✓EDGE Miles transfer to 25+ airline and hotel partners
- ✓12 EDGE Miles per ₹200 on travel booking platforms
- ✓Complimentary Priority Pass with 8 international lounge visits/year
- ✓2% forex markup — strong for international travel spend
- ✓Low effective cost when milestone vouchers are factored in
👎 Cons
- ✕High annual fee (₹10,000) requires ₹15L+ spend to waive
- ✕Best value requires understanding of miles transfer partners
Eligibility & documents
DOCUMENTS REQUIRED
- 📄PAN card
- 📄Aadhaar / valid address proof
- 📄Latest 3 months bank statement
- 📄Income proof — salary slips (salaried) or ITR (self-employed)
- 📄Recent passport-size photograph
How to redeem rewards
Ways to convert what you earn into real value.
- 🎁Statement credit / cashback adjustment
- 🎁Online rewards catalogue (vouchers, merchandise)
- 🎁Flight & hotel bookings via the issuer rewards portal
- 🎁Airline / hotel partner point transfers (on eligible cards)
What your axis edge rewards are worth
Realistic value per point by redemption route — the difference is what most people leave on the table.
Standard EDGE points
Flights & hotels
Atlas/Magnus/Reserve — transfer to partners
✈ TRANSFER PARTNERS
🔥 Live offers on this card
2 liveTransfer bonuses and promos running right now for this card's rewards.
20% bonus on EDGE Miles to Marriott
Atlas/Reserve cardholders: transfer EDGE Miles to Marriott Bonvoy with a 20% bonus this season.
Ends 2026-08-01 · view offer ↗
20% bonus on EDGE Miles to Air India
Atlas/Magnus cardholders get a 20% bonus transferring EDGE Miles to Air India Maharaja Club this season.
Ends 2026-08-15 · view offer ↗
Frequently asked questions
What is the annual fee for the Axis Bank Magnus Credit Card?+
The annual fee is Rs 10000, which is waived on annual spends of Rs 1500000.
What is the foreign currency markup?+
The forex markup is 2.50% on international transactions.
Is there a fuel surcharge waiver?+
Yes — a 1.00% fuel surcharge waiver, up to Rs 1000 per statement cycle.
What is the minimum age and income to apply?+
Applicants must be at least 21 years old with a minimum income of Rs 150000 per month.
SOURCES & VERIFICATION
Fees, reward rates, and benefits for the Axis Bank Magnus Credit Card are taken from AXIS's official Most Important Terms & Conditions (MITC) and fee schedule — see the issuer's official page. Last verified 1 Jan 2025. Reviewed for accuracy by CardAdvisor Editorial Team. Card terms change often — always confirm current details on the issuer's site before applying. How we research & review →
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Read more
Guides and reviews related to this card.
Understanding Credit Card Annual Fee Waivers
How spend-based fee waivers work, when a paid card becomes effectively free, and the traps to avoid.
How to Maximise Credit Card Lounge Access in India
Domestic vs international lounge access, Priority Pass, quarterly caps, and which cards give the most value.
Terms & reward changes
Tracked updates to this card's fees, rewards and benefits — newest first.
- ➖ Benefit removedEffective 15 Sept 2025
Axis Magnus complimentary domestic golf rounds have been discontinued effective September 2025. International golf access via Visa Infinite remains available.
4 complimentary domestic golf rounds per year→Golf benefit discontinued
- 📉 Reward rate changeEffective 15 Sept 2025
Axis Magnus accelerated EDGE Miles earn rate on travel booking platforms (MakeMyTrip, Yatra, Goibibo) reduced from 35 to 25 miles per ₹200. All other earn rates unchanged.
35 EDGE Miles per ₹200 on travel partners→25 EDGE Miles per ₹200 on travel partners
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