Axis Bank Magnus is best for very high spenders who transfer points to airline partners. 12 EDGE points per ₹200, and 35 per ₹200 on monthly spend above ₹1.5 lakh.
Effective value back per ₹100 spent. 12 EDGE points per ₹200 up to ₹1.5 lakh a month. Valued at ₹0.40 per point via 5:2 transfers to Group B partners at ₹1 per mile.
Estimated yearly value after fees and caps for typical spending patterns.
| Balanced spender ₹3,96,000/yr spend | ₹-6,974 |
|---|---|
| Online shopper ₹3,90,000/yr spend | ₹-5,966 |
| Frequent traveller ₹8,04,000/yr spend | ₹274 |
| Family & groceries ₹5,88,000/yr spend | ₹-3,806 |
Unlimited domestic and international (Priority Pass) lounge access
The Axis Bank Magnus credit card has a joining fee of ₹12,500 and an annual fee of ₹12,500, plus 18% GST. The annual fee is waived if you spend ₹25,00,000 or more in a card year.
The Axis Bank Magnus card is best for: very high spenders who transfer points to airline partners. Its main strengths are: 12 edge points per ₹200, and 35 per ₹200 on monthly spend above ₹1.5 lakh; unlimited domestic and international lounge access. Its main drawback: ₹12,500 fee needs ₹25 lakh yearly spend to waive.
The Axis Bank Magnus card charges a 2% forex markup on international transactions, plus 18% GST on the markup.
Yes: Unlimited domestic and international (Priority Pass) lounge access. Banks often attach spend conditions to lounge access, so check the latest terms.