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
Reviews are written by readers and checked by us before publishing. They're personal experiences and don't affect our rankings, which are calculated from card terms.
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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.